News Archives — Page 183 of 725

August 2, 2023 No Responses

Seplat Energy CEO: Energy Access Will Be Biggest Driver Of Social, Economic Development In Africa

Access to affordable, reliable and sustainable energy is crucial if Africa is to achieve all 17 United Nations Sustainable Development Goals (SDGs), and energy access will be the biggest driver of social and economic development in Africa going forward, the...

August 2, 2023 No Responses

Ecobank: Our Diversified Business Model, Commitment To Serving Our Customers Responsible For Resilient Balance Sheet

The Chief Executive Officer of Ecobank Group, Jeremy Awori, has attributed the group’s profitability in the second quarter of 2023 to its strategic roadmap which demonstrated the benefits of its diversified business model, resilient balance sheet and commitm...

August 1, 2023 No Responses

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...

August 1, 2023 No Responses

Kia Sportage SUV Marks 30th Anniversary, Delivers 7m Units

Kia has marked three decades of its popular Sportage compact SUV with the launch of a new 30th Anniversary Special Edition in the Korean market. Upon its inception in 1993, the Sportage has left an indelible mark on the automotive industry. ...

August 1, 2023 No Responses

NDDC Seeks Sustainable Partnerships

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, says that the Commission needs sustainable partnerships that will enhance the lives of the people and contribute to the development of the Niger Delta region.Speaking when...

July 31, 2023 No Responses

Govt Earmarks N75 Billion To Strengthen Manufacturing Sector

The federal government has concluded plans to disburse N75 billion to strengthen the nation’s manufacturing sector. Disclosing this during his address to Nigerians on Monday, President Bola Tinubu said the money will be spent between July 2023 to March 2024....

July 31, 2023 No Responses

After Darkness Comes The Glorious Dawn: Being Text Of President Tinubu’s Address To Nigerians

My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. 2. I...

July 31, 2023 No Responses

Military Uncovers Another Illegal Refinery

Troops of the Nigerian Army, personnel from the Nigeria Security and Civil Defence Corps, and Tantita Security have uncovered an illegal oil refining site in Ughelli South in Delta State. The Director, Army Public Relations, Brig. Gen. Onyema Nwachukwu, in...

July 31, 2023 No Responses

Resident Doctors Insist On Indefinite Strike

The Nigerian Association of Resident Doctors (NARD) says the ongoing nationwide strike action embarked upon by its members on Wednesday may continue indefinitely. t added that the strike would continue until reasonable progress was made by the government to ad...

July 31, 2023 No Responses

Elders Council Urges NDDC To Tackle Flood In Bayelsa

The Bayelsa Elders Council has urged the Niger Delta Development Commission, NDDC, to collaborate with other development agencies and state governments to find a lasting solution to the perennial flood ravaging the Niger Delta region. Chairman of the Council a...

July 30, 2023 No Responses

Transcorp Attains N82.1b Revenue In Six Months

Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced its financial results for the first half of the year ended June 30, 2023, recording growth across all...

July 30, 2023 No Responses

EU Suspends Security Cooperation, Budgetary Aid For Niger

The European Union (EU) has suspended all security cooperation with Niger after the country’s army took power in a coup. It comes shortly after the US declared its “unflagging support” for ousted president Mohamed Bazoum – seen as ...

July 30, 2023 No Responses

Customs M.M Airport Command Generates N38b In Six Months

Between January and June 2023, the Murtala Muhammed Airport MMA Command of the Nigeria Customs Service (NCS) generated N38,707,054, 216.44 representing 79.6 percent of the annual revenue target met. The Area Command Controller, M.S Yusuf in a statement explain...

July 30, 2023 No Responses

Ocean Giants To Forge Mega Fleet

China-based companies specializing in ocean-based heavy lift transport COSCO SHIPPING Specialized and Guangzhou Salvage have concluded a joint venture deal leading to the creation of a fleet of 18 semi-submersible vessels by the end of 2023. World Maritime New...