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Business and Economy

Akwa Ibom govt signs deal with Singapore firm on agriculture and infrastructure development

: Dennis Udoma Akwa Ibom State Government has signed an agreement with a Singaporean investor, Ashdene Associates Nigeria for infrastructure and agricultural development. The deal was sealed by the Commissioner for Special Duties, Engr. Etido Inyang, his counterparts in the Ministry of Agriculture and Natural Resources, Dr. Mathew Ekaette and …

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NNPC, IPMAN pledge effective distribution of petroleum products

The Nigerian National Petroleum Corporation (NNPC) has solicited the support of the Independent Petroleum Marketers Association of Nigeria (IPMAN) towards ensuring efficient distribution of petroleum products nationwide before, during and after the ember months. The Group Managing Director of the NNPC, Dr. Maikanti Baru made this demand on the association …

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The all new Mercedes-Benz GLE, available now for immediate delivery

Mercedes-Benz has thoroughly revised its best-seller in the SUV segment. Formerly known as the M-Class, the GLE has been redesigned with impressive new elements. Some of its highlights include a considerably more appealing front fascia that comes with new headlights, bumpers and grilles while the rear features redesigned LED stripes …

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Climate change responsible for herdsmen/farmers clashes; Summit to resolve crisis on the way

Climate change and its devastating effects on the environment, has been blamed for the herdsmen/farmers clashes in parts of the country, which have led to the death of many people. A highly placed presidency source told globalpatriotnews.com in Abuja that the climate change phenomenon, caused by global warming, which has …

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Enelamah: We are reforming Nigeria’s business and investment environment

The Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah has said that Nigeria’s ongoing economic challenges offer an unprecedented opportunity to restructure and diversify the economy. Speaking on Tuesday on Channels Television’s Sunrise Programme, the Minister said, “I believe that depending on what we do with this crisis we’re …

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Ikeja Electric introduces discounts on outstanding bills

Ikeja Electric Plc, Nigeria’s largest electricity distribution company, has introduced a Debt Discount initiative which provides various percentage discount options to enable customers pay off their outstanding bills and meet their financial obligations to the company. The initiative, designed specifically for unmetered non-maximum demand (NMD) customers, was put in place …

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Dangote Refinery confirms Lagos as prime investment destination – Ambode …Says project’ll create jobs, resolve fuel supply challenge in W’Africa …As Togolese President, Gnassingbe visits Lagos, inspects Refinery

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said the largest single line refinery in the world being developed at the Lekki Free Trade Zone (LFTZ) by Africa’s richest man and business mogul, Alhaji Aliko Dangote is another confirmation that Lagos is a prime investment destination, saying that the project …

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