Economy Archives — Page 82 of 231

November 7, 2023 No Responses

Osime, Ogbeifun, Osayande, Others For Edo Investment Summit

The Chairman, Edo Refinery and Petrochemical Company Limited, Mr. Michael A. Osime; Chairman, Benin River Port Project, Engr. Greg Ogbeifun, and the Managing Director, Benin Enterprise Park Limited, Mr. Edward Osayande, are expected to lead the cast of panelists at the...

November 7, 2023 No Responses

Train-7 Project Hits 52%, Employs 8,300 Persons

The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on.....

November 6, 2023 No Responses

NDDC Chairman Implores Niger Delta Stakeholders On Stronger Bonds

The Chairman designate of the Niger Delta Development Commission, NDDC, Mr. Chiedu Ebie, has urged Niger Delta stakeholders to forge stronger bonds and collaborate to pave way for a brighter future for the oil-rich region. Speaking during a reception in...

November 6, 2023 No Responses

Ogbeifun, Shittu, Others For 2nd National Discourse On Maritime

As the countdown to the 2nd National Discourse with Distinguished Maritime Personalities approaches, the organizers, Maritime Nigeria and its associates have revealed the names of personalities expected at the event. Notable among maritime personalities expect...

November 4, 2023 No Responses

Unity Bank Records N38.2b Gross Earnings In Q3

Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the Bank. A...

November 4, 2023 No Responses

Blue Economy: Jamoh, Gunter Paul Meet To Discuss Possibilities

The Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, has met with Professor Gunter Pauli to discuss possibilities in Nigeria’s Blue Economy, in Abuja. A statement issued by NIMASA explained that the meeting is a...

November 4, 2023 No Responses

Maersk To Sack 10,000 Workers

Danish container shipping giant, A.P. Moller-Maersk has revealed further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the contain...

November 4, 2023 No Responses

Ovie Edomi Emerges NUJ Chapel Chairman

A seasoned Journalist, Dr Ovie Edomi has emerged Chairman of the Federated Maritime Media Chapel (FMMC) under the Lagos State council of Nigeria Union of Journalist (NUJ). Edomi is a Journalist with about three decades of journalism practice experience and...

November 3, 2023 No Responses

Sanwo-Olu Pledges Support For Women-Owned Businesses

The Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, has promised to give full support to women-owned/women-led businesses as part of measures to move them “to the next level where they can also compete favourably and secure public contracts which would...

November 3, 2023 No Responses

New Shippers Council Boss Harps On Teamwork

The newly appointed Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Mr. Akutah Pius Ukeyima on Wednesday officially assumed duty at the Council’s headquarters in Lagos. The new Shippers Council boss who was received by management and members o...

November 3, 2023 No Responses

Maida: Robust FinTech Critical For Deepening Financial Inclusion In Nigeria

The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living...

November 2, 2023 No Responses

Seplat Energy Appoints Three Independent Non-Executive Directors

The Board of Directors of Seplat Energy Plc has announced the appointment of Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. A statement sent to City Business News explained that....

November 2, 2023 No Responses

AfCFTA: Nigeria To Host West, Central African Ports

In recognition of the remarkable improvements demonstrated by the Nigerian Ports Authority (NPA) toward advancing the frontiers of trade facilitation, the Port Management Association of West & Central Africa (PMAWCA) has conferred the hosti...

November 2, 2023 No Responses

NGX All-Share Index Crosses 70,000 Mark

Transactions on the Nigerian Exchange (NGX) closed trading on Wednesday, November 1st, 2023, in the positive territory as the All-Share Index appreciated by 1.94% to cross 70,000 index points.  The equities market gained 1.94% as the market capitalizat...