Economy Archives — Page 68 of 231

January 20, 2024 No Responses

NADDC To Partner Motor Dealers ON EV, CNG Vehicles

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin, on Friday,19th January, 2024 received the President of the Association of Motor Dealers Of Nigeria (AMDON), Prince Ajibola Adedoyin at the Council’s Headquarters, Abuja..At the meeting,...

January 20, 2024 No Responses

CBN To Hold First MPC Meeting Under Cardoso

The Central Bank of Nigeria (CBN) is to hold its first Monetary Policy Committee meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024. The announcement follows a two-day strategic session...

January 19, 2024 No Responses

Shippers Council Boss Lauds Ports & Cargo On Investment, Dedication

The newly appointed Executive Secretary/CEO, Nigerian Shippers Council, Mr. Pius Ukeyima Akutah (MON)has expressed satisfaction over the impact Ports & Cargo Handling Services Limited, the flagship company and subsidiary of SIFAX Group has had on...

January 19, 2024 No Responses

FG Relocates FAAN HQ To Lagos

The Federal Government (FG) has relocated the headquarters of the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos. The relocation was officially announced by the Minister of Aviation and Aerospace Development, Festus Keyamo, in a memo dated 15...

January 19, 2024 No Responses

FAAN Explains Relocation Of Headquarters To Lagos

RE: RELOCATION OF FAAN CORPORATE HEADQUARTERS FROM ABUJA TO LAGOS The Federal Airports Authority of Nigeria notes the inquiries some Nigerians have made regarding the directive of the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, SAN, CON,...

January 18, 2024 No Responses

Shell Suspends All Red Sea Shipments

Shell has suspended all shipments through the Red Sea indefinitely amid the ongoing Houthi attacks from Yemen on commercial vessels on the key global trade route. Shell is the latest firm in a long line of companies, which decided to...

January 18, 2024 No Responses

NSC Decries Rail Tracks Vandalism

The Nigerian Shippers’ Council (NSC) has expressed concern over the vandalism and theft of railway tracks connecting inland ports across the country. The council’s Executive Secretary, Pius Akutah, raised the concern on Tuesday while inspecting the Funtua ...

January 18, 2024 No Responses

OMOTOSO TO DELIVER CALEB UNIVERSITY’S 13TH CONVOCATION LECTURE

The Governing Council and Management of Caleb University, Imota on Wednesday, paid a courtesy visit to the Lagos State Commissioner of Information and Strategy, Mr Gbenga Omotoso in his office at the Secretariat, Alausa, Ikeja Speaking during the v...

January 18, 2024 No Responses

Poisonous Plantain Chips: Lagos Alerts Residents

The Lagos State Consumer Protection Agency (LASCOPA) has raised an alert to consumers of the popular fried plantains, commonly known as “Plantain Chips.” The State Government through the agency urges the public to be vigilant and wary of any...

January 17, 2024 No Responses

Union Bank Pledges Seamless Service As New Management Resumes

Union Bank of Nigeria has reassured its partners, customers and critical stakeholders of continued excellent service and seamless operations following the recent appointment of its new Managing Director/Chief Executive Officer, Yetunde Oni, by the Central Bank...

January 17, 2024 No Responses

Joint Tax Board Seeks Partnership With Nigeria Customs

As part of measures to enhance effective tax management in Nigeria, Secretary of the Joint Tax Board (JTB), Mr. Olusegun Adesokan, on Tuesday paid a visit to the Comptroller General of Customs, Bashir Adewale Adeniyi. The visit aimed at soliciting...

January 17, 2024 No Responses

Tin Can Customs Targets N1.130Trilion In 2024

For the year 2024 fiscal year, the Tin Can Island Command, Nigeria Customs Service (NCS) has set a revenue target of N1.130tillion. Meanwhile, the Command has announced a revenue generation of N716bn for last year as against 801bn target it...

January 17, 2024 No Responses

Edo To Install Charging Stations, Roll Out Electric Vehicles

The Edo State Government has unveiled plans to install charging stations in strategic locations across the State as it prepares for the rollout of electric vehicles in the first phase of its clean energy project. This was disclosed during the...

January 16, 2024 No Responses

APM Terminals To Invest $500m In Port Terminal

A.P. Moller-Maersk’s APM Terminals has partnered with Plaquemines Port Harbor and Terminal District (Plaquemines Port) to build a major container terminal on the West Bank of Plaquemines Parish, Louisiana, United States. According to APM Terminals, the new t...