. News Archives — Page 17 of 24

August 20, 2024 No Responses

Minister Reiterates Support For Badagry Deep Seaport

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated the Ministry’s commitment to facilitate the process that would lead to the realization of the Badagry Deep Sea port project.Speaking on Tuesday in Abuja during a meeting with the...

August 20, 2024 No Responses

NADDC, AAAM Team Visit Mikano, Vita Parts, Chanrai, Others

Inline with the developmental programmes of the 2023-Nigeria Automotive Industry Development Plan geared towards enhancing automotive components Integration in the industry, the National Automotive Design and Development Council (NADDC) and the African Associa...

August 20, 2024 No Responses

NPA Set To Implement Electronic Call-Up At Onne Port Complex

Photo Caption: Managing Director / CEO Nigerian Ports Authority (NPA) Dr. Abubakar Dantsoho (Middle), Executive Director Marine & Operations NPA , Engr. Olalekan Badmus (4th Left), Chief Executive Officer Callup Technology Services Limited Mr. Timi Koleolu...

August 19, 2024 No Responses

EFCC Arraigns Man For Alleged N600m, $50,000.00 Fraud

The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja.The defendant was...

August 19, 2024 No Responses

Tinubu Seeks Stronger Anti-Corruption Structures, Regime In West Africa

President Bola Ahmed Tinubu has called on countries within the West African region to strengthen anti-corruption agencies in their territories and offer them ample opportunities to operate in order to tackle the scourge of corruption more effectively.He gave t...

August 19, 2024 No Responses

NNPC Declares N3.3tri Net Profit, N2.1tri Dividend

The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the...

July 22, 2024 No Responses

Dana Motors Seals CNG Conversion Kits Mass Distribution Deal

As part of the Presidential Compressed Natural Gas (CNG) Initiative, Dana Motors, one of the conversion centers, has announced participation in the mass distribution. The initiative marks a significant milestone in Nigeria’s journey towards...

July 22, 2024 No Responses

Single Window: Shippers Council Seeks Stakeholders Collaboration

The Nigerian Shippers Council (NSC) has expressed its support for the National Single Window (NSW) Steering Committee as part of measures to promote effective operationalization of the platform. The Executive Secretary/Chief Executive Officer of NSC, Pius Akut...

July 22, 2024 No Responses

Zenith Bank Retains Position As Nigeria’s Number One Bank By Tier-1 Capital For Fifteen Consecutive Years

For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places...

July 20, 2024 No Responses

CBN Allocates $106.5m To 29 FX Dealer Banks

The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX dealer banks. In a statement issued on Friday by Dr Omolara Omotunde Duke, Director, Financial Markets Department, it was disclosed...

July 16, 2024 No Responses

FG Tasks New NEITI Board On Resource Mobilisation

The Federal Government has challenged the newly reconstituted Board of the Nigeria Extractive Industries Transparency Initiative (NEITI) to strengthen the agency’s drive towards domestic resource mobilization. Secretary to the Government of the Federat...

July 12, 2024 No Responses

Tinubu Appoints Dantsoho NPA MD

President Bola Tinubu has approved the appointment of Dr. Abubakar Dantsoho as the Managing Director of the Nigerian Ports Authority (NPA). The President has also approved the appointment of Senator Adedayo Adeyeye as Chairman of the Board of the Nigerian...

July 9, 2024 No Responses

UBA’s GMD Emerges Chairman, CIBN Body Of Banks’ CEOs

The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs.The CIBN announced this appointment on its w...

June 30, 2024 No Responses

How To Lift Nigeria’s Auto Industry, By NAMA

Nigeria’s automotive industry holds significant potential to contribute to the country’s economic development, the Nigeria Auto Manufacturers Association (NAMA) has said.In his presentation at the maiden edition of the Nigeria Auto Industry Summit ...