Economy Archives — Page 7 of 256

March 17, 2025 No Responses

NSIB, AERO Contractors Sign Aviation Safety MoU

The Nigerian Safety Investigation Bureau (NSIB) and Aero Contractors have signed a Memorandum of Understanding (MoU) to strengthen collaboration in industry-led safety training, knowledge exchange, and human capital development.A statement explained that this will reinforce Nigeria’s commitment to upholding global...

March 17, 2025 No Responses

NCDMB Launches ‘Champions Of Nigerian Content Awards’

The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, is pleased to announce the launch of the ‘Champions of Nigerian Content Awards’. This prestigious awards ceremony ai...

March 17, 2025 No Responses

Edo Revenue Service To Partner Insurance Practitioners

The Edo State Internal Revenue Service (EIRS) is to collaborate with the forum of Insurance Practitioners in Edo State for effective service delivery. This was revealed by the representative of the Executive Chairman, Sir Michael Ohio-Ezomo, Executive Di...

March 16, 2025 No Responses

CSCS To Host AMEDA Conference 2025

Central Securities Clearing System Plc (CSCS) is to host the Africa and Middle East Depositories Association (AMEDA) Annual Conference.This highly anticipated event will hold from April 23 to 25, 2025, at Eko Hotel and Suites, Lagos, Nigeria.Themed “Shap...

March 16, 2025 No Responses

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

The Securities and Exchange Commission (SEC) has announced the Cancellation of the Registration of Mainland Trust Limited and the suspension of Centurion Registrars.The Commission in separate circulars issued at the weekend said the sanctions were imposed foll...

March 15, 2025 No Responses

TotalEnergies To Sustain Oil, Gas Partnership With Nigeria

TotalEnergies will continue to partner with Nigeria in development of key oil and gas assets to support Governments revenue generation and community development.The Managing Director of the company, Matthieu Bouyer, gave the assurances during the tour of the T...

March 15, 2025 No Responses

IWD: Ikeja Electricity Celebrates Women In Style

Every year, the International Women’s Day (IWD) is celebrated globally with a series of activities to raise awareness and foster action on gender equality.At Ikeja Electric, the celebration was marked with a hybrid session with A-list speakers including, Mrs...

March 15, 2025 No Responses

Customs Impounds 34,470 Litres Of Petrol

The Nigeria Customs Service (NCS) has intensified its fight against fuel smuggling, leading to a major crackdown on smugglers of Premium Motor Spirit (PMS), commonly known as petrol, in Gembu and Kan-Iyaka border communities of Taraba State. Gembu, the headqua...

March 15, 2025 No Responses

Porsche To Cut 3,900 Jobs

Porsche is planning to reduce its workforce by approximately 3,900 positions in an effort to improve profitability. The German luxury carmaker will reduce its workforce by around 1,900 positions by 2029, leveraging demographic changes, natural turnover, and a ...

March 14, 2025 No Responses

Tantalizers Boosts Blue Economy Agenda, Secures $25m For Expansion

A player in Nigeria’s Quick-Service Restaurant (QSR) sector, Tantalizers Plc, has secured $25million capital to expand its operations especially in Nigeria’s blue economy. Already, the company has ventured into Nigeria’s blue economy with the acquisition...

March 13, 2025 No Responses

Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development

Stanbic IBTC Asset Management Limited, Fund Manager of the Stanbic IBTC Infrastructure Fund has partnered SIFAX Group through its subsidiary, SIFAX Shipping ICT Limited, to facilitate the development of an ultra-modern port terminal on 8.3 hectares of land (~8...