Economy Archives — Page 94 of 231

September 11, 2023 No Responses

United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

THE Federal Government has granted the approval of the United Nigeria Airlines to begin international flights operations into six countries, including United Kingdom. Mr Hassan Ejibunu, Director, Air Transport Management, Ministry of Aviation and Aerospace Development, made this known in a letter...

September 11, 2023 No Responses

NDLEA Impounds Meth, Skunk Consignments At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has intercepted consignments of skunk concealed in tomato paste tins and methamphetamine hidden in used clothes. The hard drugs were meant for export to Dubai, the United Arab Emirates. A statement by the...

September 11, 2023 No Responses

Catholic Bishops Task Governments On Proliferation Of Arms

Catholic Bishops, on Sunday in Abuja urged governments at all levels to checkmate the proliferation of small arms as insecurity rages unabated in the country, They decried the terror regularly unleashed on communities by bandits, religion extremists and other ...

September 9, 2023 No Responses

Mixed Reactions As Africa Climate Summit Ends

Activists at the just concluded first Africa Climate Summit have called for commitment towards the tripling of global renewable energy capacity to 11,000 Gigawatt by 2030, the level required to limit global heating to 1.5 degrees celsius. ...

September 9, 2023 No Responses

FRSC Begins Safety Checks On Vehicles

THE Benue State Command of the Federal Road Safety Corps (FRSC) on Friday began a four-day free safety check on vehicles. Speaking with Journalists after the check at Kanda Cruise and Ihuto Motors parks in Makurdi, Mr Steve Ayodele, the...

September 9, 2023 No Responses

Customs To Tackle Faulty Documentation, Under-Declaration By Importers

THE Nigeria Customs Service (NCS) has vowed to tackle faulty documentation and under-declaration of goods by importers through continued stakeholders’ engagements. The Customs Comptroller of Port Harcourt Area 1 Command, Mr Chedi Wada, stated this on Friday ...

September 8, 2023 No Responses

STOAN Increases Dockworkers Wages By 2000 Per Cent In 17 Years

The Seaport Terminal Operators Association of Nigeria (STOAN), on Thursday, disclosed that Dockworkers who work at the ports have had their take-home increased by 2000 percent since the Federal Government introduced the port reform in 2006. The Chairman of STO...

September 8, 2023 No Responses

Shippers Council Hosts Minister, Harps On Revamp Of National Carrier

The Nigerian Shipper’s Council (NSC) has advised the Federal Government to intervene and resuscitate a national carrier status for the country as part of measures to boost the shipping development and revenue profile of the nation. The Executive Secretary of...

September 8, 2023 No Responses

Alaghodaro 2023: Edo Inaugurates Planning C’ttee, Unveils Theme

The Chairman, Alaghodaro Economic Summit Limited/Gte, Mr. Asue Ighodalo, has said the seventh edition of the Alaghodaro Summit will be used to showcase the innovative policies and gains of reforms implemented by the State Governor, Mr. Godwin Obaseki, to ...

September 7, 2023 No Responses

Ten Countries,500 Firms For Abuja 2023 Trade Fair

Over 10 countries and 500 companies have indicated interest in participating at the 2023 Abuja International Trade Fair, the Abuja Chamber of Commerce and Industry has disclosed. Addressing Journalists on Wednesday, ACCI President, Dr. Al-Mujtaba Abubakar, w...

September 7, 2023 No Responses

Fidelity Bank Declares N8b Interim Dividend

For the half year ended June 2023, Fidelity Bank Plc has declared an interim dividend of N8 billion, representing N0.25 per share In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an...

September 6, 2023 No Responses

NAAPE To AMCON: Don’t Let Arik Air Die

The National Association of Aircraft Pilots and Engineers (NAAPE) led by Engineer Mudi Muhammad on Tuesday urged the Asset Management Corporation of Nigeria (AMCON) to continue the execution of its interventionist strategy that would ensure the survival of Ari...

September 6, 2023 No Responses

Safety, Security, Unregulated Fishing, Others Top Oyetola’s Agenda

The Minister of the Marine and Blue Economy, His Excellency Adegboyega Oyetola, has stated that tackling illegal, unreported and unregulated (IUU) fishing, harnessing marine tourism, safety and security are top of the agenda of his administration as Minister o...

September 6, 2023 No Responses

SCAN Hosts Dockworkers’ Day In Lagos

All is now set for celebration of the unsung heroes of the Nigerian port operations and by extension the entire economy as the Shipping Correspondents Association of Nigeria (SCAN) hosts a maiden Dockworkers’ Day. With the Nigerian economy predominantly ...