Economy Archives — Page 69 of 231

January 16, 2024 No Responses

Ministers Harp On Use Of Scanners At Seaports

As part of efforts to ensure ports efficiency and competitiveness, the ministers of Marine and Blue Economy, Adegboyega Oyetola, Transportation, Senator Said Ahmed Alkali and CG Customs, Bashir Adeniyi met on Monday and agreed that physical inspection of cargoes at...

January 16, 2024 No Responses

Investors Gain N874b As Indices Increase By 1.92%

The Nigerian Exchange Ltd., (NGX) on Monday traded on a positive note, as the All-Share Index rose strongly by 1.92 per cent or 1,597.93 points. Specifically, the All-Share Index settled at 84,640.89, as against 83,042.96 achieved on Friday. Also, investors...

January 15, 2024 No Responses

LAMATA Cautions Commuters Against Payments Into Personal Accounts

The Lagos Metropolitan Area Transport Authority (LAMATA) has advised commuters in the State to only use authorised Bank Accounts to pay for transport services. A statement signed by the Consultant, Corporate Communication of LAMATA, Mr. Kolawole Ojel...

January 15, 2024 No Responses

Ecobank Group Unveils Brand Campaign At Africa Cup of Nations

Ecobank Group on Sunday unveiled its new brand campaign, ‘A BETTER WAY | A BETTER AFRICA’ at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). A statement explained that Ecobank is a proud official sponsor of the...

January 14, 2024 No Responses

QatarEnergy Seals $2.4b Contract For Eight LNG Carriers

QatarEnergy has sealed a contract with Chinese shipbuilder, CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max ultra-large LNG carriers valued at over $2.4 billion and are to be delivered between 2028 and 2029. According to World Maritime Ne...

January 14, 2024 No Responses

10 Corps Members Depart For India On Youth Exchange Programme

Ten National Youth Service Corps (NYSC) members will travel to India on Sunday to participate in a Youth Exchange Programme organised by the Indian National Cadet Corps. The annual programme is held to commemorate the Independence Anniversary of the Republic.....

January 13, 2024 No Responses

Dangote Refinery Begins Production

By Moses Ebosele, ebosele@hotmail.com — Dangote Refinery, the largest single-train refinery in the world commenced production on Friday, January 12, 2024. Earlier scheduled to begin operations in June 2023, the oil refinery received its first crude ...

January 13, 2024 No Responses

Total Energies Visits NCDMB, Reconfirms Final Investment Decision For Ubeta Project in 2024

Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed that the company ...

January 13, 2024 No Responses

NGX Extends Gain By N244b

Positive sentiments persisted on the Nigerian Exchange Ltd., (NGX) on Friday with the All-Share Index extending growth by 0.54 per cent. Specifically, the All-Share Index improved further by 445.56 points points or 0.54 per cent to close at 83,042.96, against....

January 12, 2024 No Responses

Ministers Brief Tinubu On $10b Investment Prospects In Nigeria’s Steel Sector

President Bola Tinubu, on Thursday, at the State House in Abuja, held a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which he received briefing on investment prospects...

January 12, 2024 No Responses

Nigeria Targets 472,000 Metric Tonnes Of Wheat From Dry Season Farming

The Nigerian Government has set a target of achieving around 472,000 metric tonnes of wheat production by the end of the dry season wheat farming programme. Mr. Ishaku Buba, the National Project Coordinator for the National Agricultural Growth Sche...

January 12, 2024 No Responses

FG To Raise N35b For Ajaokuta Light Steel

The Federal Government will raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market. Mr Shuaibu Audu, Minister of Steel Development, disclosed this to State House Correspondents after a meeting with President Bola Tinubu on...

January 11, 2024 No Responses

NADDC To Partner University Of Abuja On Charging Stations, Research

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin on Thursday received the Vice Chancellor of the University of Abuja, represented by the Dean, Faculty of Engineering, Prof. Ibrahim Ozigi on a court...

January 11, 2024 No Responses

SAHCO Renews British Airways Ground Handling Contract For Five Years

Skyway Aviation Handling Company (SAHCO) Plc has renewed ground handling contract to provide aviation ground handling services for British Airways (BA) at the Murtala Muhammed International Airport Ikeja in Lagos and the Nnamdi Azikiwe International Airport in...