Economy Archives — Page 86 of 260

March 13, 2024 No Responses

Tinubu Appoints Ex-LAMATA MD As NIMASA DG

President Bola Tinubu has approved the appointment of Dr. Dayo Mobereola to serve as the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for a renewable term of four years.The appointment follows the exit of Mr. Bashir Jamoh,...

March 13, 2024 No Responses

SAHCO PLC Appoints Adegbesan As Director Of Finance & Administration

The Board of the Skyway Aviation Handling Company (SAHCO) Plc has confirmed the appointment of Adegbesan Abiodun as Executive Director of Finance and Administration. Adegbesan Abiodun Olugbenga is a highly accomplished seasoned professional in the realms of Ac...

March 12, 2024 No Responses

Senate Probes CBN’s Anchor Borrowers, Ways And Means

The Senate on Monday inaugurated an ad-hoc committee to investigate the Ways and Means and the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN). In his inaugural address to the ad-hoc committee chaired by Senator Isah Jibrin representing.....

March 12, 2024 No Responses

FG Tasks Oil Palm Stakeholders On Expansion Agenda

By Moses Ebosele, ebosele@hotmail.com The Federal Ministry Of Industry Trade & Investment has challenged Oil Palm Stakeholders to take advantage of technology and innovations as part of measures to optimise yields, reduce waste and boost growth in the...

March 12, 2024 No Responses

Photo News

L-R: National Secretary, National Palm Produce Association Of Nigeria (NPPAN), Kayode Babatola; Chief Operations Officer, Presco Plc, Reinout Impens; Permanent Secretary, Edo State Ministry Of Business Trade and Cooperatives, Mrs Bose Joy Igbinobaro; Chief Com...

March 11, 2024 No Responses

India Signs $100b Free Trade Deal With Four Countries

India has signed a free trade agreement (FTA) with a group of four European countries that are not members of the European Union. The deal with the European Free Trade Association (EFTA) will see investments in India of $100bn (£77.8bn),...

March 11, 2024 No Responses

Strategies For Inclusion Of Female Entrepreneurs In Nigeria, By Experts

To foster inclusion for female entrepreneurs in Nigeria, various experts have identified the need for a concentrated effort on the dissemination of accurate information, more access to finance, creating a pool for women with like businesses, breaking down of c...

March 11, 2024 No Responses

Aramco Boosts Dividends Despite Drop In Profit

Saudi Aramco has reported a steep decline in profits, after the energy giant cut production and oil prices fell sharply in 2023. Its profits fell 25% to $121bn (£91bn) profits after a record-smashing year in 2022. But the figure is...

March 10, 2024 No Responses

Lagos Govt To Sanction Uber

Citing non-compliance with an important data-sharing agreement, the Lagos State Government has announced its intention to sanction Uber Technologies System Nigeria Ltd. The Lagos State Commissioner for Transportation, Mr Oluwaseun Osiyemi, explaine...

March 9, 2024 No Responses

Edo Launches ‘Feed The Hungry’ Initiative, Commits N1b Monthly

The Edo State Governor, Mr. Godwin Obaseki, on Friday, flagged off the “Feed the Hungry” initiative, committing over N1 billion monthly to feed poor and vulnerable residents of the State amid the hardship and suffering occasioned by the dire econ...

March 8, 2024 No Responses

Tinubu Reconstitutes NELMCO Board

President Bola Tinubu has approved the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO). The reconstitution comes with the modification of the NELMCO Board structure, which empowers the Office of the Minister of Powe...

March 8, 2024 No Responses

FG Inaugurates Committee On Implementation Of Oronsaye Report

The Federal Government has inaugurated the Committee on the implementation of the recommendations on the review of reports and White Papers on the Restructuring and Rationalisation of Federal Government Parastatals, Agencies, and Commissions better known as th...

March 7, 2024 No Responses

Heirs Energies Expands Gas Supplier To Geometric Power Plant

Heirs Energies has announced a further expansion of its gas supply business, supplying the recently commissioned 188 MW power plant operated by Geometric Power Limited, located in Aba, Abia State.Heirs Energies is a leading provider of gas to the Nigerian...

March 7, 2024 No Responses

NPA Explains $1b Reconstruction Agenda For Tincan Island Port, Others

NPA Explains $1b Reconstruction Agenda For Tincan Island Port, Others The Nigerian Ports Authority (NPA) has announced an ambitious $1 billion reconstruction plan for the Tincan Island Port Complex as well as the comprehensive rehabilitation of Apapa, Rivers, ...