News Archives — Page 194 of 725

June 22, 2023 No Responses

FIRS Partners Market Traders Association On VAT Remittance From Informal Sector

The Federal Inland Revenue Service (FIRS) has partnered Market Traders Association of Nigeria (MATAN) as part of measures to collect and remit Value Added Tax (VAT) to the FIRS from markets, especially in the informal sector. The Association which has...

June 22, 2023 No Responses

NPA Resuscitates Comatose Apapa Water Works

The Mohammed Bello Koko-led Management of the Nigerian Ports Authority (NPA) has resuscitated the 2.4 Million Gallons Per Day Apapa Water Works that has been moribund since 2012.Speaking during handover of the resuscitated facility in Apapa on Thursday 22nd Ju...

June 22, 2023 No Responses

ExxonMobil, EverGreen Line Complete Marine Biofuel Deal

Evergreen Line’s vessel Ever Ulysses has received ExxonMobil’s marine biofuel oil blend via a ship-to-ship transfer in Singapore waters before heading to the discharge port. According to ExxonMobil, the commercial marine biofuel oil bunkering was completed...

June 22, 2023 No Responses

NDDC: Ministry Directs Ogbuku To Continue As Chief Executive

The Ministry of Niger Delta Affairs has directed the Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku to continue to oversee the affairs of the Commission until a new board is constituted by the President and Commander-i...

June 22, 2023 No Responses

World’s Five Highest-Paid Athletes

For years, the world’s highest-paid athletes have been making hundreds of millions of dollars through their heavy contracts and endorsements, but 2023 set a new record. The Middle-Eastern cash flowing into some of the world’s highest-paid spo...

June 21, 2023 No Responses

NIMASA, NAVY Strengthen Collaboration For Seafarers Certification

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr.Bashir Jamoh, OFR, has restated the Agency’s commitment to issuing appropriate certification to qualified men of the Nigerian Navy who undergo requisite training at th...

June 21, 2023 No Responses

Obaseki Seeks More Investments As Benin Record 5,600 CNG Vehicles

The Edo State Governor, Mr. Godwin Obaseki, has called on investors to make investments in alternative sources of energy, such as natural gas in the wake of subsidy removal, which has led to a hike in transportation costs. The governor,...

June 20, 2023 No Responses

Italy Blocks Chinese Control Of Pirelli Tyre

Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy’s government to protect Pirelli’s independence. Beijing-controlled chemical giant Sinochem ...

June 20, 2023 No Responses

IndiGo Places Order For 500 Airbus A320 Aircraft

Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft – the largest single purchase agreement by any airline in commercial aviation history. The deal, announced on the first day of the Paris Airshow, is worth roughly...

June 19, 2023 No Responses

Tinubu Dissolves Board Of Parastatals, Agencies, Others

President Bola Ahmed Tinubu, GCFR, has approved the immediate dissolution of the Governing Boards of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies in the exercise of its Constitutional Powers and in the Public inter...

June 19, 2023 No Responses

ExxonMobil Appoints Shane Harris Chairman/MD

ExxonMobil has appointed Shane Harris as the new chairman and managing director of its affiliates – Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production Nigeria – in Nigeria. A statement is...

June 19, 2023 No Responses

Tinubu Retires Service Chiefs, Appoints Adeniyi Customs Boss

President Bola Ahmed Tinubu has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, and Comptroller-General of Customs. In a statement issued on Monday by the Director, Information, Office of the Secreta...

June 19, 2023 No Responses

Benin Port: Bidders Inspect Project Site

As part of measures by the Edo State Government to fast-track the development of the Benin Port, bidders for the project have visited and inspected the confluence of the Benin River and Osse River, to assess the site conditions and available...

June 19, 2023 No Responses

Stallion Group Reaffirms Hyundai Kona EV Leadership, Energy Costs, Environmental Impact

Stallion Motors Nigeria has reaffirmed its leadership in the Nigerian automobile industry with the commendation of the company’s Hyundai Kona EV, Nigeria’s first locally produced electric vehicle by Vice President Kashim Shettima. Produced from its Lagos p...