Business and Economy
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NIMASA committed to developing Blue Economy through capacity building – Dakuku …Charges Media on Investigative Journalism
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has reiterated that the Agency…
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Shell confirms DPP’s investigation of OPL-245 deal
By Yunus Yusuf Lagos, March 1, 2019 Mr Bamidele Odugbesan, Manager, Media Communications of Shell Nigeria, has confirmed the Dutch…
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Dangote Cement sold 23.54 mt cement across Africa in 2018
By Chinyere Joel-Nwokeoma Lagos, Feb. 27, 2018 Dangote Cement Industries Plc on Wednesday said that it sold a total 23.54…
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IBOM AIR makes history; confounds critics
In a country without a National Carrier, Governor Udom Emmanuel of Akwa Ibom State has made history by launching the…
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Zenith Bank’s gross earnings drop to N630.34bn in 2018
By Chinyere Joel-Nwokeoma Lagos, Feb. 19, 2019 Zenith International Bank Plc on Tuesday became the first bank to announce its…
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Election shift: Nigeria equity market loses N196 bn in one day;
By Chinyere Joel-Nwokeoma Lagos, Feb. 18, 2019 The Nigerian Stock Exchange (NSE) on Monday reacted negatively to the sudden election…
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Costs of elections shift: Billions of Naira lost- NACCIMA; It’ll affect credit rating, portfolio investments- Economist; Students preparing for WAEC, other exams affected – NUT; It can trigger anxiety, mental health disorders – Psychiatrist, LASU VC
By NAN Reporters Feb. 16, 2019 Nigerians have been counting the costs of the postponement of the general elections earlier…
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Shell invites bid for new FPSO in Bonga
Shell Nigeria Exploration and Production Company (SNEPCo) has announced the release of Invitation to Tender (ITT) to contractors for the…
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Nigeria to boost domestic gas supply by 600mmscfd …As NNPC, JV Partners sign FID on Assa North Fields
A major step on attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation (NNPC)…
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Alleged N170 million contract scam: EFCC clears TD staff, Zinox
The Economic and Financial Crimes Commission (EFCC), just like the Nigerian Police, has cleared Zinox Technologies Ltd., Zinox Telecoms as…
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Tech start-ups should emulate new Konga strategy – Prof. Ibidapo Obe, ex-UNILAG VC
Prof. Oye Ibidapo-Obe, a former Vice-Chancellor of the University of Lagos has advised tech start-ups to emulate the new Konga.…
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Lagos govt. threatens to shut Ladipo Market
Robert Awokuse The Lagos Waste Management Authority (LAWMA) said that it might close Ladipo Market in Mushin, till further notice,…
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FG committed to eradicating sea crimes – Dakuku; NIMASA undertakes surveillance training for security agencies
In its effort to rid the Nigerian maritime domain of criminalities, the Federal Government through the Nigerian Maritime Administration and…
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Afreximbank to leverage $1bn to support FDI flow into Africa
By Lucy Nwachukwu Abuja, Feb. 6, 2019 African Export-Import Bank (Afreximbank) has a vision to leverage one billion dollars in…
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Multilateral cooperation key to vessel safety, marine resources utilisation
The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, says the agency has created operational conditions…
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Obi brought SABmiller to Nigeria, not International Brewery — Aide
The Media aide to Peoples Democratic Party (PDP) Vice Presidential Candidate, Mr. Valentine Obienyem, has clarified the recent statement by…
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Nestle Nigeria changes water logo
By Emmanuel Afonne Abaji (Abuja), Jan. 30, 2019 Nestle Nigeria Plc has re-branded the logo of Nestle Pure Life, its…
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Maritime: Federal Government projects 10% growth in 2019 · As NIMASA predicts more shipping activities
The Federal Government on Tuesday projected a 10 per cent growth in the Nigerian maritime industry. This was contained in…
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Investment in refinery, petrochemicals driven by innovation, efficiency, says Dangote
LAGOS, Nigeria, January 28, 2019 The ongoing investment by the Dangote Group in refining, petrochemicals, fertilizer and gas is driven…
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NIMASA to unveil 2019-2020 Nigeria Maritime industry forecast
In a bid to continue to boost investors’ confidence in the Nigerian maritime sector, the Nigerian Maritime Administration and Safety…
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Maritime: Nigeria has ratified 40 Conventions, domesticated 19 international Laws – Peterside
The Director General, DG, of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has disclosed that Nigeria has…
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Minimum Wage Bill scales first, second reading in Senate
The National Minimum Wage Bill (2019) on Thursday scaled both first and second reading in the Senate after which it…
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MPC retains MPR at 14% amid rising global, domestic risk; Raise concern on Nigeria’s debt level
By Racheal Ishaya Abuja, Jan. 22, 2019 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, has…
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