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Business and Economy

NLNG bags NECA’s Investment in Societal Renewal and CSR Award

06th December 2023 Port Harcourt, Nigeria The Nigeria Employers’ Consultative Association (NECA) has conferred Nigeria LNG Limited (NLNG) the Investment in Societal Renewal and Corporate Social Responsibility (CSR) Award, recognising the Company’s unparalleled commitment to CSR initiatives in Nigeria. At the 3rd Annual NECA Employers’ Awards held in Lagos recently, …

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Coker-Odusote: 100 days at the helm of NIMC By Walter Duru, Ph. D

It was Albert Einstein that once said that “setting an example is not the main means of influencing another, it is the only means.” That sentiment expressed by Einstein is the primary essence behind the theory of transformational leadership, which requires passion, charisma, and the ability to motivate others. Transformational leaders are …

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Zenith Bank signs MOU with CFA Institute for human capital development in finance and investment

Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the Chartered Financial Analyst (CFA) Institute to promote efforts and activities that support the formation, training, and updating of human capital in finance and investment for the overall development of the Nigerian financial services sector. The MoU, was signed …

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$43.7bn trade, investment deals sealed at Cairo meeting – Afreximbank

By Okeoghene Akubuike Abuja, Nov. 29, 2023 Afreximbank says about 43.7 billion dollars worth of trade and investment deals were sealed at the just concluded Intra-African Trade Fair (IATF2023) held in Egypt. Kanayo Awani, Intra-African Trade Bank, Afreximbank Executive Vice-President, said this at the Post-Event Virtual News Conference held in …

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IMO: Oyetola holds bilateral talks with Saudi Arabia, Bangladesh, Brazil, Jamaica 

…as Nigeria sets to sign MoU with Saudi Arabia The minister of Marine and Blue Economy, Adegboyega Oyetola, on Tuesday, continued bilateral discussions with ministers and representatives from the Kingdom of Saudi Arabia, Bangladesh, Brazil and Jamaica, expressing Nigeria’s government interest in learning from their knowledge and experiences. This was …

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Nigeria’s Blue Economy direction goes on global stage

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh OFR has arrived London as part of Nigeria’s delegation to the 33rd session of the International Maritime Organisation (IMO) General Assembly. A statement by Osagie Edward, Assistant Director, Public Relations, NIMASA, said that the Honorable Minister of …

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UNGA member-states vote in support of adoption of Convention on International Tax Cooperation

The Member-States of the United Nations General Assembly (UNGA) have voted with a majority of 125 in favor of adopting a Convention on International Tax Cooperation. The resolution A/C.2/78/L.18/Rev.1, tabled by the African Group (AG) under the title: “Promotion of inclusive and effective international tax cooperation at the United Nations”, …

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Zenith Bank activates the spirit of Christmas with Ajose Adeogun Street Light-Up 

In a splendid display, Zenith Bank heralded the Christmas and Yuletide seasons with the Light-Up of Ajose Adeogun Street and Roundabout, Victoria Island, Lagos, on Saturday, 25 November 2023. The Light-Up ceremony was performed by the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu. This year’s Light Up …

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Celebrating You 2023, powered by TD Africa holds on December 3

Lagos, Nigeria  TD Africa, the leading distributor of cutting-edge technology and lifestyle products in Sub-Saharan Africa, is poised to host the highly awaited return of “Celebrating You,” a landmark year-end event that stands as the apex of Nigeria’s flourishing technology landscape. Scheduled for December 3, 2023, at the prestigious Konga …

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  We deployed aircraft, 5 vessels to contain spill at TotalEnergies Egina field – NOSDRA

By Nathan Nwakamma Yenagoa, Nov. 25, 2023 The National Oil Spills Detection and Response Agency (NOSDRA) says it deployed an aircraft and five vessels to contain the oil leakage from Egina facility operated by TotalEnergies. According to the spills agency, the response aircraft and vessels were used to apply dispersants …

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Waltersmith Refinery, NCDMB improving domestic refining capacity says Minister; Hails initiative

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended Waltersmith Group and the Nigerian Content Development and Monitoring Board (NCDMB) for supporting the Federal Government agenda of improving domestic refining capacity. Speaking on Tuesday during a facility tour of Waltersmith Petroman Oil Limited, Ibigwe, Ohaji-Egbema Local Government …

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Universal Green Energy Access Programme, Union Bank partner to propel renewable energy market

Lagos, Nigeria Luxembourg based Universal Green Energy Access Programme (UGEAP), and Union Bank of Nigeria have formalised the basis for a strategic partnership to catalyse the development of the renewable energy market in Nigeria. This collaboration, marked initially by a Memorandum of Understanding (MoU), aims to drive sustainable energy access …

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NIMASA, Nigerian Navy inaugurate joint committee on Blue Economy

The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Nigerian Navy have inaugurated a Committee to establish ways in which the synergy between both organs of government can be channeled into creating a welcoming environment for investment in the Blue Economy. The Flag Officer Commanding (FOC West), Rear Admiral …

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