Economy Archives — Page 86 of 231

October 20, 2023 No Responses

Wike Rejects Customs Request To Reclaim Revoked Land

The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, has rejected the Nigeria Customs Service (NCS) request for reconsideration over its revoked land by the FCT Administration (FCTA). The Minister announced the rejection when Customs officers, led by...

October 20, 2023 No Responses

GOCOP Congratulates Soneye, NNPCL’s New Spokesman, Enugu Commissioner Agbo, Others On Appointments

The Guild of Corporate Online Publishers (GOCOP) has congratulated Mr. Olufemi Oladapo Soneye over his appointment as Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL). The association also congratul...

October 20, 2023 No Responses

Owoturo: Capital Market’ll Help Nigeria Regain Economic Momentum

The Institute of Capital Market Registrars has said that an effective utilisation of Nigeria’s capital market can help the nation to regain its economic momentum. The President and Chairman of the Council of the Institute, Mr Oluseyi Owoturo, said this...

October 19, 2023 No Responses

NDDC Seeks Inclusive Development, Growth

The Managing Director, Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has urged stakeholders in the Niger Delta region to unite and confront the complex challenges facing their communities. Ogbuku made this call at a meeting held at th...

October 19, 2023 No Responses

Hyundai, Kia Strengthen Semiconductor Partnership

Hyundai Motor Company and Kia Corporation have signed a strategic partnership with Infineon Technologies AG, a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand worldwide. Under the agreement, Hyundai...

October 19, 2023 No Responses

Maritime Industry Remains ‘Easy Target’ For Cyber Attacks As Ransom Payment Demands Skyrocket

The maritime industry remains an “easy target” for cybercriminals, and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to the research findings from law firm HFW and maritime...

October 18, 2023 No Responses

Innoson Attains 60,000 Annual Vehicle Production Capacity, Bags SON’s ISO 9001:2015

Foresmost Indigenous vehicle manufacturer, Innoson Vehicle Manufacturing Company Limited, has upgraded its assembly plant from annual production of 10,000 vehicles to 60,000 automobiles.Chief Executive Officer of the company, Innocent Chukwuma, disclosed this ...

October 18, 2023 No Responses

Shettima: Nigeria, China Strategic Partnership Key To Africa’s Development

Vice President Kashim Shettima, says Nigeria’s strategic partnership with China needs to be scaled up because it remains key to Africa’s development. This is contained in a statement issued by Mr Stanley Nkwocha, Senior Special Assistant to the President o...

October 17, 2023 No Responses

United Nigeria Airline Begins Flight Operations To Benin

United Nigeria Airlines has concluded plans to commence flight operations to Benin City, the Edo State capital. The development was disclosed by the State Commissioner for Tourism, Arts, and Culture, Dr. Uyi Oduwa-Malaka, who led the management team of the...

October 17, 2023 No Responses

FG Proposes N26.01tri For 2024 Fiscal Year

The Federal Government has proposed the sum of N26.01 trillion for the 2024 appropriation based on oil price benchmark of $73.96 and 21 per cent interest rate. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this to State House...

October 17, 2023 No Responses

Chery Automobile Appoints Carloha Exclusive Dealer In Nigeria

Carloha Nigeria, a prominent automobile company in Nigeria, that specializes in sales and services of luxury vehicles has announced its recent appointment as the authorized dealer of Chery automobile for the Nigerian market. A statement sent to City Business N...

October 17, 2023 No Responses

Sanwo-Olu Appoints New GM For LASEPA

The Lagos State Governor, Mr. Babajide Sanwo-Olu has approved the appointment of Dr. Babatunde Ajayi as the new General Manager of the Lagos State Environmental Protection Agency (LASEPA) with effect from October 5, 2023. A statement signed by the Head...

October 17, 2023 No Responses

GIABA DG To Deliver Realnews 11th Anniversary Lecture

THE Management of Realnews Magazine and Publications Limited, publishers of Realnews Magazine Online, has announced that Edwin W. Harris Jr, Director General of the ECOWAS Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA), Senegal...

October 16, 2023 No Responses

NIMASA, UBTH, Others Receive Presidential Recognition

The award for the best Federal Ministry, Department and Agency, MDA in Digital Transformation from the Presidency through the Bureau of Public Service Reforms has been conferred on the Nigerian Maritime Administration and Safety Agency (NIMASA). Other re...