Firm Gets $1.08b Contract For LNG Carriers

Firm Gets $1.08b Contract For LNG Carriers

South Korean shipbuilding heavyweight, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured an order for the construction of four LNG carriers worth $1.08 billion. .The four LNG carriers have been ordered by an unnamed shipping company from Oceania, HD...
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Market Capitalisation Drops By N51billion

Market Capitalisation Drops By N51billion

The market capitalisation of the Nigerian Exchange Ltd. (NGX) Monday dropped by N51 billion. Specifically, the market capitalisation opened at N55.861 trillion to close at N55.810 trillion, representing 0.09 per cent decrease.The All-Share Index also dropped b...
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FEC Approves Implementation Of Oronsaye Report

FEC Approves Implementation Of Oronsaye Report

The Federal Executive Council (FEC) has approved the full implementation of the Stephen Oronsaye Panel report to merge some parastatals, agencies, and some commissions, while others will be subsumed, scrapped or relocated. The decision was made at the FEC meet...
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Labour Insists On Nationwide Protest

Labour Insists On Nationwide Protest

The meeting between the Federal Government and Organised Labour on Monday at the State House in Abuja ended in a stalemate. Speaking after the meeting on Monday night, President of the Nigeria Labour Congress (NLC), Joe Ajaero, said:“The rally goes...
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NIMASA, MWUN Partner ITF-UK On Infrastructural Development

NIMASA, MWUN Partner ITF-UK On Infrastructural Development

The International Transport Workers’ Federation UK has approved a grant to Nigeria through the Maritime Workers Union of Nigeria (MWUN) to build a Seafarers Recreation Centre in partnership with the Nigeria Maritime Administration and Safety Agency (NIM...
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NDDC Flags Off Distribution Of Palliatives In Delta State

NDDC Flags Off Distribution Of Palliatives In Delta State

The Niger Delta Development Commission (NDDC) has flagged off the distribution of palliatives for victims of the 2022 flood disaster in communities across the 25 local government areas of Delta State.Speaking during the presentation ceremony at the Sapele Athl...
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358 Edo, Delta Teachers Graduate From Seplat JV STEP

358 Edo, Delta Teachers Graduate From Seplat JV STEP

The NNPC E&P Limited/ Seplat Energy Joint Venture (JV) has graduated 331 teachers and 27 Chief Inspectors of Education (CIE) at the 2024 edition of the Seplat JV Education Summit and Seplat Teachers Empowerment Programme (STEP) graduation ceremony for...
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The Nigeria Prizes’ 2024 competition addresses Climate Change, Children’s Literature 

The Nigeria Prizes’ 2024 competition addresses Climate Change, Children’s Literature 

The Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Nigeria Prize for Literary Criticism, sponsored by Nigeria LNG (NLNG) Limited, have published the Call for Entries for the 2024 edition of the prizes,...
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Ecobank Group Bags Best Bank For SMEs In Africa Award

Ecobank Group Bags Best Bank For SMEs In Africa Award

Ecobank has won the esteemed Best Bank for SMEs in Africa 2024 award in Global Finance’s annual SME Bank Awards. The Bank in a statement explained that the win reflects Ecobank’s unwavering commitment to meeting the specialised needs of SMEs...
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Lagos To Procure 2,000 Vehicles 

Lagos To Procure 2,000 Vehicles 

The Lagos State Government has announced plans to acquire a minimum of 2,000 vehicles to enhance its state-run public transport system, with a particular focus on the Bus Rapid Transit (BRT) system.   The Commissioner for Transportation, Oluwaseun Os...
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ECOWAS Lifts Sanctions On Niger, Mali, Burkina Faso

ECOWAS Lifts Sanctions On Niger, Mali, Burkina Faso

Economic Community of West African States (ECOWAS) on Saturday in Abuja lifted sanctions it imposed on Niger over the unconstitutional takeover of government in that country on July 26, 2023. The July 2023 military putsch was the fifth successful one...
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Communique Of Catholic Bishops First 2024 Plenary Meeting

Communique Of Catholic Bishops First 2024 Plenary Meeting

CBCN COMMUNIQUE: FIRST 2024 PLENARY JOURNEYING TOGETHER FOR THE COMMON GOOD IN THE CHURCH AND OUR NATION A Communiqué issued at the end of the First Plenary Meeting of the Catholic Bishops Conference of Nigeria (CBCN) at the Catholic Secretariat...
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SIFAX Group Explains Minimal Disruption After Fire Incident At Port & Cargo

SIFAX Group Explains Minimal Disruption After Fire Incident At Port & Cargo

This is to inform all stakeholders of Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, that there was a fire incident at our facility located at the Tin Can Island Port, Apapa, Lagos, on Saturday, February 24,...
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ECOMOF 2024: UBA Reiterates Support For African Economic Expansion Through Strategic Supports For Mining, Oil Sectors

ECOMOF 2024: UBA Reiterates Support For African Economic Expansion Through Strategic Supports For Mining, Oil Sectors

United Bank for Africa (UBA) Plc has reaffirmed its unwavering commitment to spearhead economic growth across the continent through targeted policies aimed at maximizing the benefits derived from the mining and oil sectors.  To this end, the bank is poise...
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