Economy Archives — Page 80 of 184

October 28, 2022 No Responses

Edo Concessions Okomu South, Gele-Gele Forest Reserves

The Edo State Government has signed a 30-year conservation/eco-tourism concession with Africa Nature Investors (ANI) Foundation as part of measures to protect endangered forest elephants, white-throated monkeys and the farming population, among others in the Okomu South and Gele-Gele Forest...

October 28, 2022 No Responses

Q3: Unity Bank Declares N2.2b Profit

Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September 30, 2022, with 17% growth in gross earnings to N42.2 billion for the same period, as against N36.2 billion in the corresponding period of 2021....

October 28, 2022 No Responses

TotalEnergies Attains $9.9b Income In Q3

French-headquartered energy giant TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter (Q3) of 2022 on a year-on-year basis, driven by its LNG business and higher gas prices due to the Ukraine crisis. &nb...

October 28, 2022 No Responses

Emefiele To Risks Managers: Remain Vigilant, Deal With Complex Risks

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged risks managers to be vigilant in order to deal with the complex risks the country is currently facing. Emefiele gave the advice at the 2nd National Risk Management Conference,.....

October 28, 2022 No Responses

FBN Holdings Declares N91.2b Profit In Q3

For the third quarter ended September 30, 2021, FBN Holdings (FBNH) Plc has declared a profit after tax (PAT) of N91.2 billion, amounting to a growth of 123.6 per cent when compared with N40.8 billion achieved in the comparative period of...

October 27, 2022 No Responses

Grimaldi Secures Order For Five Car Truck Carriers

The Italian shipping company Grimaldi Group has signed an order for the construction of five new Pure Car Truck Carriers (PCTCs) with China Merchants Heavy Industries Jiangsu, which is part of China Merchant Industry Holdings. According to World Maritime ...

October 27, 2022 No Responses

FIRS Begins Direct Collection Of Taxes From Online Gaming Operators

The Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution. In a Public Notice signed by its E...

October 27, 2022 No Responses

EFCC Hails CBN’s Move To Clampdown On Currency Hoarders

The Economic and Financial Crimes Commission (EFCC) has applauded the move by the Central Bank of Nigeria (CBN) to redesign and reissue higher denominations of the Nigerian currency, the Naira. The CBN Governor, Godwin Emefiele, on Wednesday announced th...

October 26, 2022 No Responses

NPA Boss Explains Onne, Calabar Ports ISO Certification

Habours departments of Onne and Calabar ports have secured the International Standard Organisation(ISO) certification. Managing Director of Nigerian Ports Authority (NPA), Mohammed Koko, disclosed on Tuesday at the Presidential Villa, Abuja, while featur...

October 25, 2022 No Responses

US Coast Guard Lauds NIMASA

The United States Coast Guard, USCG, through Captain Brian Lisko of the US Department of State has commended the efforts of the Nigerian Government to suppress criminality in Nigeria’s maritime domain and by extension the Gulf of...

October 25, 2022 No Responses

Meshioye Emerges 11th President Of MAN

A businessman, Otunba Francis Meshioye has emerged 11th President of the Manufacturers Association of Nigeria (MAN). A statement issued on Monday by the association’s Public Relations Officer, Mrs Omotayo Okewunmi, explained that Meshioye was elected a...

October 25, 2022 No Responses

Group To Boost Oil Palm Production In Edo With $300m

The global Roundtable on Sustainable Oil Palm (RSPO), is committing $300,000 to the implementation of its oil palm community engagement and outreach programme in Edo State. Its Chief Executive Officer, Mr Joseph D’Cruz made the declaration at the launc...

October 22, 2022 No Responses

New NDDC Acting MD Task Directors On Service Delivery

The Acting Managing Director of the Niger Delta Development Commission, NDDC, Engr. Emmanuel Audu-Ohwavborua has pledged to do the right things at the Commission going forward. On arrival at the NDDC headquarters at the Eastern By pass, the Acting ...

October 21, 2022 No Responses

Alaghodaro Business Summit: Obaseki Hosts Dangote, Elumelu, Ibru, Peterside, Others

The Edo State Governor, Mr. Godwin Obaseki, Thursday, hosted key players in Nigeria’s private sector, including Chief Executive Officers (CEOs) of conglomerates, members of the diplomatic corps and other stakeholders in the investment community to a business...