Economy Archives — Page 61 of 231

February 23, 2024 No Responses

NESG, ACF Partner To Boost Nigeria’s Energy Transition, Carbon Finance Market

The Nigerian Economic Summit Group (NESG) in partnership with the African Climate Foundation (ACF), held a private sector stakeholder engagement to strengthen public-private collaboration to implement Nigeria’s energy transition plan and develop the carbon market, aiming for socio-economic benefits.Mrs Dolapo...

February 23, 2024 No Responses

FG, States, LGs Share N1.15trilion

The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and Local Governments. The revenue was shared at the February 2024 meeting of the Federation Account...

February 23, 2024 No Responses

Air Peace Offers Student Special Fares, Begins Lagos-London Flight March 30

Air Peace Limited has announced that it would offer Nigerians studying in the UK special fares as it commences Lagos-London flight from March 30, 2024. Chairman and Chief Executive Officer of Air Peace, Dr Allen Onyema made this known on...

February 23, 2024 No Responses

Ighodalo Wins Edo PDP Gov Primary

Asue Ighodalo has won the Peoples Democratic Party (PDP) governorship primary for Edo State, beating other aspirants in the election held in Benin City on Thursday. In the exercise at the Samuel Ogbemudia Stadium in the Edo State capital, Ighodalo...

February 22, 2024 No Responses

Super Eagles: SIFAX Group Explains Support For Supporters Club

SIFAX Group, one of the major sponsors of the Nigerian Football Supporters Club (NFSC) to the recently concluded African Cup of Nations (AFCON) tournament in Cote d’ Ivoire, has said the desire to see the country lift the continental trophy...

February 22, 2024 No Responses

FG Completes Tincan Port Access Road

Two months after the minister of Marine and Blue Economy, Adegboyega Oyetola, reached out to his counterpart at the ministry of Works, Dave Umahi, over the need to fix failed portions of ports access roads, the rehabilitation of the Tincan...

February 21, 2024 No Responses

Smuggling: FG Uncovers 32 Illegal Routes

The Federal Government has uncovered 32 routes through which food items are smuggled out of Nigeria. The Vice President, Kashim Shettima, made the revelation on Tuesday while presenting his address at a conference on Public Wealth Management held in Abuja....

February 21, 2024 No Responses

Customs To Distribute Seized Food Items

The Nigeria Customs Service (NCS) is to distribute some seized food items nationwide as the biting food crisis continues in the country. According to the National Public Relations, CSC Abdullahi Maiwada, the food items will be distributed after they...

February 21, 2024 No Responses

NARTO Suspends Strike

The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. National President of NARTO, Othman Yusuf, directed members to immediately resume petroleum loading activities after a meeting held in Abuja. The meeting was...

February 21, 2024 No Responses

APC Declares Edo Governorship Primary Inconclusive

Based on the controversy that trailed last Saturday’s governorship primary election in Edo State, the National Working Committee of the All Progressives Congress (APC) has declared the poll inconclusive. This was disclosed by the party’s National Publicity...

February 20, 2024 No Responses

FG, Cement Manufacturers Peg Price At N7,000-N8,000 Per Bag

The Federal Government and major cement manufacturers have pegged the price of 50kg bag of cement at between N7,000 and N8,000 depending on the location nationwide.Briefing Journalists on Monday in Abuja after a meeting with major cement manufacturers, Ministe...

February 20, 2024 No Responses

Sifax Group Chairman, Taiwo Afolabi To Deliver LAUTECH Convocation Lecture

The management of Ladoke Akintola University of Technology, Ogbomosho led by its Acting Vice Chancellor, Professor Rasak Olatunde Rom Kalilu paid a courtesy visit on Dr. Taiwo Afolabi, Chairman (CON), SIFAX Group recently. The visit aimed to inform the S...

February 20, 2024 No Responses

Lagos Lifts Suspension On RTEAN

The Lagos State Government has dissolved the Lagos State Parks and Garages Administrators’ Committee which was set up to mark the parks and garages in the state. A statement issued on Monday by the Special Adviser to the Governor on...

February 19, 2024 No Responses

Ardova’s Ijora Terminal Begins Operations In March

Ardova Plc’s (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024.Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the facility by the Nigerian Midstre...