Economy Archives — Page 7 of 230

October 28, 2024 No Responses

CNG: Dangote Invests $280m In Trucks, Infrastructure

Dangote Cement Plc has invested over $280million in Compressed Natural Gas (CNG) technology and infrastructure, in line with President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner alternatives for Nigerians, Tinubu recently emphasised the urgent need...

October 28, 2024 No Responses

NDLEA Intercepts US, Europe-Bound Drugs, ₦16.6b Opioids At Seaports

The National Drug Law Enforcement Agency (NDLEA) has intercepted some hard drugs concealed in soles of shoes and hair attachments heading to the United States and some parts of Europe. Announcing this in a statement on Sunday, NDLEA spokesman, Femi...

October 27, 2024 No Responses

Bayelsa Announces N80,000 Minimum Wage

Governor of Bayelsa State, Senator Douye Diri, has approved the sum of N80,000 as the new minimum wage for workers in the state’s civil service, effective November 1, 2024.Governor Diri also approved an increase in the monthly pension of retired...

October 27, 2024 No Responses

Tinubu Congratulates Shirley Botchwey, Incoming Commonwealth Secretary-General

President Bola Tinubu on Saturday congratulated Ghana’s Minister for Foreign Affairs and Regional Integration, Shirley Botchwey on her election as the incoming Secretary-General of the Commonwealth. On Friday, leaders of the 56 Commonwealth nations meeting i...

October 26, 2024 No Responses

Corruption: Customs Boss Reads Riot Act to Newly Inaugurated ACTU Members

As part of ongoing efforts to enhance integrity and transparency in Customs operations, the Comptroller-General of Customs (CGC), on Thursday, 25 July 2024, read a riot act to the Anti-Corruption and Transparency Unit (ACTU) members at the Nigeria Customs Head...

October 26, 2024 No Responses

FG Approves Kogi’s Bid To Build International Airport

The Federal Ministry of Aviation and Aerospace Development has approved bid by the Kogi State Government to build an International Airport in Zariagi. The State Commissioner for Information and Communications, Kingsley Fanwo, said the approval was conveyed in ...

October 25, 2024 No Responses

NCDMB To Support R&D As Triple Helix Nigeria Unveils Vision

The Nigerian Content Development and Monitoring Board (NCDMB) has signaled plans to support new research and development projects as part of its Technology Innovation and Incubation Strategy and the enduring commitment to catalyze innovation in the Nigerian oi...

October 25, 2024 No Responses

NIMASA To Stakeholders: Dockworkers Registration Now Mandatory

The management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has advised International Oil Companies, terminal and jetty operators, and all other companies involved in stevedoring in the country to refrain from engaging unregistered dockwo...

October 25, 2024 No Responses

FG Restricts Ministers To Three-Vehicle Convoys

As part of the cost-cutting measures of his administration, President Bola Tinubu has restricted ministers, and heads of departments and agencies to a maximum of three vehicles in their official convoys. “No additional vehicles will be assigned to them ...

October 25, 2024 No Responses

CNG: Stakeholders Laud NAJA’s Capacity Building Initiative

Key stakeholders in the Nigerian automobile industry have commended the Nigeria Auto Journalists Association (NAJA) for its initiative to organise a Training/Capacity Building Workshop on the Compressed Natural Gas (CNG) scheme of the Federal Government.Some o...

October 24, 2024 No Responses

Nigeria Customs Unveils Unified Management System

The Nigeria Customs Service (NCS) has launched B’Odogwu, a new Unified Customs Management System, starting with a pilot phase in Lagos at Port & Terminal Multi-Services Limited (PTML).While addressing Journalists at PTML Command on Wednesday, 23 Octo...

October 24, 2024 No Responses

Nigeria Drops Charges Against Binance Executive

The Federal government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan on health grounds. Gambaryan has been facing a money laundering trial from detention since April. A Counsel for the Economic and Financial Crimes Com...

October 24, 2024 No Responses

Oyetola, 30 Others Survive Cabinet Shake-Up

President Bola Tinubu on Wednesday rejigged his cabinet, sacked five ministers, redeployed ten and appointed seven fresh nominees as ministers to replace the sacked ones. Tinubu appointed 48 ministers in August 2023, three months after his inauguration. ...

October 24, 2024 No Responses

Photo News

The Lagos State Chairperson, Police Officers Wives Association (POWA), Mrs Abiola Ishola, presenting a gift to the Lagos State Commissioner of Police, Olanrewaju Olawale Ishola, during a courtesy visit to the Commissioner at the Lagos Command, Ikeja on Wed...