News Archives — Page 185 of 733

August 22, 2023 No Responses

NETCO Declares N5.53b Profit For 2022

THE NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has reported a profit before tax of N5.53 billion for the year ended Dec. 31, 2022. The profit represents a 178 per cent...

August 22, 2023 No Responses

Tinubu To New Ministers: You Are Not Regional Or States’ Ministers

President Bola Ahmed Tinubu has urged newly sworn-in Ministers to work for Nigeria and not a particular state, region or ethnic nationality. Tinubu made the declaration on Monday while delivering a speech at the inauguration ceremony of the 45 ministers...

August 22, 2023 No Responses

Ex-NIMASA DG, Dakuku Peterside To Speak At Maritime Conference In Saudi Arabia

Former chairman of the Association of Africa Maritime Administrations (AAMA), Dakuku Peterside, will be speaking at the sustainable maritime industry conference, scheduled for Jeddah, Saudi Arabia, from September 4 – 6. The conference, under the patronage of...

August 22, 2023 No Responses

Oyetola Pledges Safe, Sustainable Marine Economy

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola has pledged to ensure oceans and marine were safe, reliable, and sustainable across the nation. Oyetola made the declaration when he assumed office on Monday in Abuja. According to him, oceans...

August 21, 2023 No Responses

Oil Prices Up As Global Supply Drop

Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high-interest rates. Reuter report that Brent crude climbed 75 cents to $85.55 a barrel...

August 21, 2023 No Responses

Tinubu Appoints Minister For Niger Delta, Redeploys Oyetola To Marine & Blue Economy

President Bola Ahmed Tinubu has approved the redeployment of Abubakar Momoh from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development. In a statement on Sunday, Presidential spokesman, Ajuri Ngelale explained that Tinubu will announ...

August 21, 2023 No Responses

$3b NNPCL/Afreximbank’s Naira Rescue Agenda Excites Tinubu

President Bola Tinubu is happy that the $3 billion in crude-for-cash funding secured from the African Export-Import Bank (Afreximbank) by the Nigerian National Petroleum Corporation (NNPC) Limited is gradually giving a breather to the foreign exchange market.&...

August 21, 2023 No Responses

NDLEA Raids Drug Warehouse, Recovers N4.8b Worth Of Opioids

Multi-billion-naira worth of illicit drugs were again seized at a warehouse tucked in the midst of popular International Trade Fair Complex, Alaba, Ojo area of Lagos by operatives of the National Drug Law Enforcement Agency, NDLEA on Saturday 19th Au...

August 20, 2023 No Responses

Firm Hands Over LNG-Fueled Car Carrier To NYK Line

Japanese shipping major NYK Line has taken delivery of the fourth and final LNG-powered pure car truck carrier (PCTC) from China Merchants Jinling Shipyard (Nanjing) Co. The vessel named Sumire Leader was delivered to NYK on 14 August, which is 139 d...

August 20, 2023 No Responses

Customs College Graduates 50 Officers

As part of measures to boost efficiency of the Officers and Men of the Nigeria Customs Service through training and re-training, the Nigeria Customs Command and Staff College, on 18 August 2023 in Gwagwalada Abuja, graduates 50 Officers of Junior...

August 19, 2023 No Responses

Archbishop Emeritus of Abuja, John Cardinal Onaiyekan’s Presentation At 10th LACMON Convention

Introduction: It is a great honour for me to be invited to address your annual convention taking place here in the famous St Gregory’s College Lagos. I thank you for the invitation and I pray that your convocation will give...

August 19, 2023 No Responses

Lagos Declares Monday Work Free Day For Public Servants

The Lagos State Government has declared Monday, August 21, as work free day for all public servants in the state to commemorate this year’s Isese Day. The Isese Day has been set aside in Lagos to celebrate the indigenous Yoruba...

August 19, 2023 No Responses

SIFAX Logistics Boosts Operations With 13 New Trucks

SIFAX Logistics Company Limited, the haulage subsidiary of SIFAX Group, has boosted its operations with the acquisition of 13 brand new trucks. The trucks, which are 33 tons 6×4 MAN diesel vehicles with 400 horsepower, will help the company increase its....