Economy Archives — Page 84 of 231

October 26, 2023 No Responses

NCDMB Boss Warns Against Tinkering With Petroleum Industry Act

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stall...

October 26, 2023 No Responses

Fidelity Bank Signs $40m Cocoa Export Deal with AFREXIM Bank, JohnVents Industries

The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, 24 October 2023 as leading financial institution -Fidelity Bank Plc -hosted a broad range of businesses, regulators, ...

October 26, 2023 No Responses

Minister Lauds NPA, Commissions Mission To Seafarers Centre

In keeping with global maritime best practice requirements for Seafarers, the Minister of Marine and Blue Economy, Adegboyega Oyetola, on Wednesday commissioned the Mission to Seafarers Centre reconstructed by the Nigerian Ports Authority. Speaking at the even...

October 26, 2023 No Responses

ISSAN Industry Roundtable: Stakeholders Make Case For “Nigerian Identity’’ System

As the world marks Cybersecurity Awareness Month, stakeholders in Nigerian cyberspace have made a strong case for an Integrated Identity Management System to be called ‘’The Nigerian Identity’’ whereby international passport, phone number, BVN belongi...

October 25, 2023 No Responses

Chevron, Euronav, Others To Adopt Vessel Optimization Strategies

Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens. Under the ambition, the trio committed to adopt vessel optimization strategie...

October 25, 2023 No Responses

NGX, Partners Boost Capital Market Operators Capacity On Single Stock Futures

Nigerian Exchange Limited has held a workshop to inform market stakeholders about NGX’s Single Stock Futures product launch and close the knowledge gap around the asset class as it aims to deepen the Nigerian capital market. Single stock futures (S...

October 25, 2023 No Responses

Shippers’ Council, Stakeholders Seal Agreement On Storage Charges

Seaport Terminal operators have increased cargo storage from three to five days. The resolutions form part of the resolutions reached after a stakeholder meeting held with the Nigerian Shippers’ Council (NSC). Part of the resolutions re...

October 24, 2023 No Responses

NDDC To Facilitate Financing For Women Empowerment

The Niger Delta Development Commission (NDDC) is to partner financial institutions as part of measures to assist women access finance to enhance their livelihood. Speaking during a courtesy visit by a delegation from the Union Bank Nigeria at the NDDC...

October 24, 2023 No Responses

Bello-Koko: Increased Automation Critical To Optimising Nigeria’s Littoral Assets

As part of measures to turn Nigeria’s maritime potentials into actualities, the Nigerian Ports Authority (NPA) has identified increased automation, reconstruction of aged port infrastructure, renewal of equipment, increased collaboration with the Nigerian Cu...

October 24, 2023 No Responses

Wabote: Nigerian Oil Industry Is On Steady Growth Trend

The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by a few international oil companies, the Executive Secretary....

October 24, 2023 No Responses

Air Peace Celebrates 9th Anniversary With Free Flight Tickets

Air Peace is celebrating its 9th Anniversary on October 24, 2023, and is giving its customers free flight tickets. The airline’s stations nationwide have been decorated to reflect the celebrations and it is running social media trivia contests to rewar...

October 24, 2023 No Responses

Elumelu Seeks Urgent Recapitalization, Enforcement Of Compulsory Insurance In Nigeria

Chairman of Heirs Insurance Group, Tony Elumelu has called for the urgent recapitalisation of insurance companies in Nigeria, as part of a six-point agenda to completely transform the insurance industry. He made the call on Monday, October 23, 2023, at.....

October 24, 2023 No Responses

Tinubu Visits Kia Stand At Nigeria Economic Summit In Abuja

PRESIDENT Bola Ahmed Tinubu on Monday, October 23, 2023 visited Kia Nigeria Stand at the 29th Nigeria Economic Summit in Abuja. Meanwhile, addressing participants at the ongoing event, the President vowed to clear the foreign exchange contracts ba...

October 24, 2023 No Responses

Dana Air: Over 10 Years Partnership With NESG, A Patriotic, Resilient Economic CSR

Dana Air has described its over 1O years Partnership with the Nigerian Economic Summit Group (NESG) as a patriotic and resilient Corporate Social Responsibility (CSR) for Nigeria’s Economic Development. Themed: PATHWAYS TO ...