Economy Archives — Page 96 of 231

August 31, 2023 No Responses

Reps Summon Insurance Firms Over Unremitted N267b Workers’ NHF

THE House of Representatives Ad hoc committee investigating non-remittance to the National Housing Fund (NHF) and utilisation of the funds from 2011 has summoned concerned Chief Executive Officers (CEOs) of insurance companies. This is to explain the reason for over...

August 31, 2023 No Responses

NSC, PEBEC, Others Brainstorm On Exports Of Agro Products Bottleneck

The Nigerian Shipper’s Council (NSC) in collaboration with the Presidential Enabling Business Environment Council (PEBEC) and some key stakeholders, recently, held a brainstorming session on how to tackle agro export bottleneck. According to the Execut...

August 30, 2023 No Responses

NGX Group To Pay Interim Dividend On Thursday

Nigerian Exchange Group Plc is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an emergency board meeting convened by the Group...

August 30, 2023 No Responses

Japanese Ambassador Hosts NPA Boss, Harps On Trade, Investment

The Japanese Ambassador and Permanent Representative to ECOWAS, Mr. Matsunaga Kazuyoshi, has commended the Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko for facilitating growth in the value of Nigeria – Japan trade vo...

August 30, 2023 No Responses

JTF Arrest Vessel, 10 Crew Members

THE Joint Task Force Operation Delta Safe (OPDS), on Tuesday arrested an oil vessel MV Ofuoma and 10 crew members conveying alleged illegally refined petroleum products in Rivers. The Component Commander OPDS, Commodore John Siyanbade, who represented the OPDS...

August 30, 2023 No Responses

Tinubu Appoints New NDDC Board, Management

August 29, 2023 No Responses

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...

August 29, 2023 No Responses

Photo News

The Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Mohammed Bello Koko (right) on Tuesday visited the Ag. Comptroller General of the Nigerian Customs Service (NCS), Mr. Adewale Adeniyi (Right) at the Customs Headquarters in Abuj...

August 29, 2023 No Responses

Due Process Was Followed In NNPCL $3b Afriexim Bank Loan

Due process was followed in securing the Nigeria National Petroleum Company Limited (NNPCL) $3 Billion Afriexim bank Loan, an official has said The $3 billion loan deal, which was signed in Cairo a frothnight ago is to enable the NNPC...

August 29, 2023 No Responses

Nigeria Ends Borrowing

The Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation. The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this...

August 29, 2023 No Responses

GOCOP Visits Acting Customs CG

The Guild of Corporate Online Publishers has visited the acting Comptroller General of Nigeria Customs Service, CG Adewale Adeniyi, in Abuja as part of preparations for its Annual General Conference. The GOCOP team was led on the visit to the CG by.....

August 28, 2023 No Responses

How To Ease Forex Scarcity, Boost Economy Through Alternative Fuel Regime, By Stakeholders

By Moses Ebosele, ebosele@hotmai.com — To successfully navigate fuel subsidy removal challenges, some stakeholders in the automobile, oil and gas sectors have called on Nigerians to take advantage of alternative fuel. They made the call at the 2023 ...

August 28, 2023 No Responses

STOAN Congratulates Oyetola, Pledges Support To Harness Blue Economy

The Seaport Terminal Operators Association of Nigeria (STOAN) has promised to fully support the Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, to harness the potential of the maritime sector. The Chairman of STOAN, Princess Vicky Haastrup, who sa...

August 27, 2023 No Responses

LNG: Firm Completes Bunkering Operations

Low and zero-emission fuels supplier, Titan has performed its first ship-to-ship LNG bunker operations in Hamburg, Germany. The company said it performed its first-ever ship-to-ship LNG bunkering operation in Hamburg to Vox Ariane, Van Oord’s trailing suctio...