Economy Archives — Page 75 of 231

December 16, 2023 No Responses

Honda HR-V Emerges 2023 Car-Of-The-Year In Nigeria

Honda HR-V on Thursday night beat other rivals to clinch the coveted Car-of-the-Year award during the 2023 Nigeria Auto Journalists’ Association (NAJA) Auto Awards. The annual awards celebrated outstanding brands and individuals making the wave in the automotive industry. It...

December 16, 2023 No Responses

NADDC Boss Tasks Auto Stakeholders On Local Contents Development, Integration

The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin has challenged the key players in the Nigerian Automotive Industry to think more on automotive components development and integration in assembly operations. T...

December 15, 2023 No Responses

New NCDMB Boss Charges Staff On High Performance

The newly appointed Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has assumed office and held his first official meeting with the Directors and management of the Board. Ogbe was appointed on Thu...

December 14, 2023 No Responses

Lagos Budgets N2.246trillion For 2024

For the fiscal year 2024, the Lagos state government on Wednesday presented N2.246 trillion budget to the state House of Assembly for deliberation and approval. Presenting the 2024 appropriation bill tagged “Budget of Renewal” to the ...

December 14, 2023 No Responses

Oyetola To Prioritize Modernization, Rehabilitation Of Ports In 2024, Budget N10.9b

The Minister of Marine and Blue Economy, Adegboyega Oyetola has presented a N10.9bn, 2024 budget for his Ministry to the joint House Committees of the Senate on Marine Transport and the House of Representatives Committees on Ports and Harbour, Maritime...

December 13, 2023 No Responses

Lagos Unveils Fresh Agenda To Boost MSMEs

The Lagos State Government is putting in place support system needed by Micro, Small and Medium Enterprises (MSMEs) as part of measures to meet the target of exporting to Africa and beyond. The State Governor, Mr. Babajide Olusola Sanwo-Olu, disclosed...

December 13, 2023 No Responses

LASTMA Flags Off 2023 ‘Ember Months’ Campaign

The Lagos State Traffic Management Authority (LASTMA) has flagged off the Year 2023 Ember Months’ Public Enlightenment and Safety Advocacy Campaign with the newly launched ‘Lastma Female Elite Corp’ Speaking during the flag-off ceremony, the Ag. ...

December 12, 2023 No Responses

Nigeria Customs Targets N6tri Revenue In 2024

The Nigeria Customs Service (NCS) has concluded plans to generate N6trillion revenue for the Federal Government in 2024. The NCS Comptroller-General, Mr Adewale Adeniyi, stated this at the 2024 budget defense before the House of Representatives Committee on Ap...

December 12, 2023 No Responses

Tinubu Inaugurates Electric Taxis In Maiduguri

President Bola Tinubu on Monday inaugurated 50 four-seater electric taxis and 57 other gas-powered mass transit vehicles purchased by the Borno State Government to provide cheap transportation within the state and reduce the dependence on fossil fuel. &nb...

December 12, 2023 No Responses

NNPC, Firm Seal Floating LNG Project Deal

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation Limited (NNPCL) for the development of a floating LNG project in Nigeria, target...

December 11, 2023 No Responses

NADDC DG, NGEP Chair, Innoson Chair, Others To Grace 2023 NAJA Awards

The Director General of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, Chairman of Innoson Vehicle Manufacturing Co, Chief Innocent Chukwuma, and the Chairman of National Gas Expansion Program (NGEP), Muhammed Ibrahim, are amo...

December 11, 2023 No Responses

Rubber Processing Firm To Expand Plantations In Edo

The Rubber Estates Nigeria Limited (RENL) has disclosed plans to strengthen its partnership with the Edo State Government to establish a rubber processing factory, expand its out-grower scheme and facilitate the reactivation of dormant rubber plantation...

December 11, 2023 No Responses

NIMASA Photo News

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh OFR paid a working visit to the Chief of Naval Staff, Vice Admiral E I Ogala in a quest to deepen the relationship between NIMASA and the...

December 10, 2023 No Responses

Firm Welcomes LNG-Powered Containership

Chinese shipbuilder, Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group. The ship has a total length of 336 meters, a width of 51 meters, a depth of 26.8 me...