Economy Archives — Page 53 of 231

April 2, 2024 No Responses

Okomu Oil Palm Trains Community Representatives On Leveraging Presence Of Multinational In An Environment

Members of communities playing host to multinational companies have been urged to leverage the presence of these companies for the advancement of their lives and that of their communities. This was the thrust of the lecture at the bi-annual community...

April 2, 2024 No Responses

Okomu Oil Palm Photo News

Health, Safety and Environment (HSE) Officer, Efe Emmanuel John-Onyijen (2nd left) explaining to the community representatives the reason for Okomu’s forest preservation.

April 2, 2024 No Responses

Chevron Charters First Electric Tanker For Maritime Customers

Chevron is chartering its first hybrid electric bunker tanker, a vessel that fuels other ships, from V-Bunkers, the Singaporean bunker arm of energy and commodities company Vitol. According to Chevron, the tanker, owned and operated by V-bunkers, arrived at Si...

April 2, 2024 No Responses

Seplat Energy COO: Community, Empowerment Critical To Energy Sector Stability

The execution of Corporate Social Investment (CSI) programmes in oil and gas producing communities as well as empowerment of their people is capable of promoting stability in the energy sector and ensuring security of critical national assets, Mr. Samson Ezugw...

April 1, 2024 No Responses

Gunmen Rob, Set Ablaze Luxury Bus With 59 Passengers On Board

It was a frightening narrow escape on Good Friday night for travellers on board an Abakaliki-bound 59-seater luxury bus, when armed robbers attacked them at Ijebu-Ode, Ogun State, and set the vehicle ablaze with all the passengers on board.The dare-devil...

April 1, 2024 No Responses

Pope Francis Urges Peace In Easter Message

Pope Francis urged the world to resist “the logic of weapons” in his Easter message at the Vatican on Sunday, easing growing health fears as he greeted thousands of Catholics. The 87-year-old’s “Urbi et Orbi” (To the City and the...

March 31, 2024 No Responses

Obasanjo Charges Politicians On Sacrifice, Selflessness

The Edo State Governor, Mr. Godwin Obaseki, at the weekend played host to former President Olusegun Obasanjo with the ex-president charging political leaders on sacrifice and selflessness. Obaseki received Obasanjo who was on a courtesy visit at the Government...

March 31, 2024 No Responses

Kaduna: Sani Laments $587m, N85b Debt Burden

Kaduna State Governor, Sani Uba has disclosed that he inherited a debt burden of $587m, N85bn and 115 contractual liabilities from the immediate past administration of Nasir El-Rufai, lamenting that the huge debt has eaten deep into the state’s federal...

March 30, 2024 No Responses

With 260 Passengers, Air Peace CommencesDirect Flights To London

Nigerians have commended Air Peace for its successful inaugural flight from Lagos to London on Saturday, March 30, 2024, with a high figure of 260 passengers, marking the resumption of flight service since 2019 by an indigenous carrier to one...

March 30, 2024 No Responses

Access Holdings Unveils $1.5b Capital Raising Programme

Access Holdings Plc has unveiled plans to establish a capital raising programme of up to $1.5 billion or its equivalent. In a statement on Friday, the corporation explained that drawing from the programme, the Group expected to raise up to...

March 29, 2024 No Responses

TotalEnergies At 100, Reflects On Operations

With over 00,000 employees in 120 countries worldwide, TotalEnergies on Thursday, March 28th, 2024 celebrated its 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920...

March 29, 2024 No Responses

NDDC Visits Foreign Scholarship Students In UK

The Niger Delta Development Commission, NDDC, is demonstrating its commitment to ensuring optimal value from its renowned foreign postgraduate scholarship programme. To achieve this, the NDDC has embarked on a Monitoring and Evaluation (M&E) visit to...

March 29, 2024 No Responses

Minister Inaugurates NAIDP Implementation Committee

Following the approval of the new Nigerian Automotive Industry Development Plan (NAIDP) by the Federal Government in 2023, the Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr Doris Nkiruka Uzoka-Anite, on Thursday, in Abuja, inaugurate...

March 29, 2024 No Responses

CBN Increases Capital Base For Banks To ₦500b

The Central Bank of Nigeria (CBN) has increased new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500 billion. A circular signed by the Director, Financial Policy and Regula...