Business and Economy
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Maritime security, trade: Korea, Belgium pledge more support for NIMASA · Agency committed to safe Nigerian maritime domain – Jamoh
South Korea and Belgium have pledged more support for the Nigerian Maritime Administration and Safety Agency (NIMASA) in its drive…
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Air Peace takes delivery of new 50-seater aircraft, expects 2 more
By Yunus Yusuf Lagos, Oct. 11, 2020 Air Peace, has taken delivery of a new 50-seater Embraer 145 Jet to…
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CBN directs banks to comply with SWIFT universal payment confirmations
By Kadiri Abulrahman Abuja, Oct. 10, 2020 The Central Bank of Nigeria (CBN), has directed all banks operating in the…
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Mercedes-Benz Cars, Vans continue positive development of unit sales in third quarter
• In the first nine months of the year, Mercedes-Benz Cars & Vans sold 1,792,744 cars and commercial vans worldwide.…
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Baruwa Gas Plant Fire: NNPC commiserates with Lagosians …Says Corporation’s pipelines no where near location of incident
The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State, and particularly the residents of…
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N106b refund: Okorocha hits back at Uzodinma; Says his shadow is chasing him
Senator Rochas Okorocha has hit back at Governor Hope Uzodinma, saying that the verdict of the panel that asked him…
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NCDMB, NITDA set up committee on local content development in oil, gas
By Solomon Asowata Lagos, Oct. 7, 2020 The Nigerian Content Development and Monitoring Board (NCDMB) and the National Information Technology…
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Downstream Sector deregulation will boost investment in refining – Kyari …Calls for collaboration among downstream players across Africa
The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining…
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FG hails TD Africa, identifies Tech Experience Centre as strategic to Nigeria’s digital future
The Tech Experience Centre, an ambitious technology project aimed at bridging the gap to cutting-edge technology for millions of Nigerians,…
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Pantami, Sanwo-Olu, Abdullahi, Ndukwe, other dignitaries grace Tech Experience Centre launch
It was an impressive gathering of dignitaries at the imposing Yudala Heights on Idowu Martins, Victoria Island, Lagos on Thursday,…
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Sam Mbakwe road to collapse, unless…Federal, State govts’ attention urgently needed
The popular Sam Mbakwe Road in Obowo Local Government Area of Imo State, Nigeria will soon be cut into two…
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Oil extends losses after Trump tests positive for COVID-19
Tokyo, Oct. 2, 2020 Oil prices extended losses to about three per cent on Friday after U.S. President Donald Trump…
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World Coffee Day: Nestlé helps boost Coffee production in Africa
Africa accounts for about 12% of the world’s coffee production and the high-quality and taste of coffee from the continent…
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P&ID: Nigeria’s foreign reserves swell by $200Million
LONDON Nigeria’s Foreign Reserves received a $200 million boost on Tuesday, September 29, 2020, following the order of the London…
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Osinbajo urges destination countries to insist on repatriation of illicit funds
By Chijioke Okoronkwo Abuja, Sept. 28, 2020 Vice President Yemi Osinbajo has urged leaders of destination countries to insist on…
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PIB: Sylva dispels reports over alleged scraping of NNPC
By Kingsley Okoye Abuja, Sept. 28, 2020 Minister of State for Petroleum, Timipre Sylva has demised media reports that the…
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When CBN Spokesman, Isaac Okorafor, gave out his daughter in marriage in style
Saturday, September 12, 2020 was a memorable day in Arochukwu Local Government Area of Abia State, Nigeria. On that auspicious…
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MOMAN, other downstream players hail FG, Pledge support for deregulation …As Kyari assures of resolution of forex issues
Stakeholders in the Downstream Sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria…
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Nigeria: Sale of assets as dangerous policy myopia? By Chukwuma Soludo
I have just read the wide media coverage regarding the recommendations of the National Economic Council (NEC) as well as…
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Dangote Cement pays over N1trn dividends in seven years
Africa’s largest cement manufacturer, Dangote Cement has grown the wealth of its shareholders, paying over N 1 trillion as dividends…
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SDGs: Sanwo-Olu seeks optimization of Maritime input –Commends FG’s decision to move containers with barges –Amaechi appeals for more understanding, transparency on secure anchorage –As National Assembly pledges support for Jamoh
The Governor of Lagos State, His Excellency, Mr. Babajide Sanwo-Olu, has stated that the maritime industry is pivotal to…
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COVID 19: FG considers tax holiday for Maritime sector
In a bid to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the…
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Afor African Market unveiled in Irvington, New Jersey; Becomes instant hit
Afor African Market was informally unveiled on Sunday, September 20, 2020 at 1100 Clinton Avenue, Irvington, New Jersey 07111 in…
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COVID-19: CA-COVID launches next phase of Grassroots Awareness Campaign …harps on importance of personal safety protocols
The Coalition Against Covid19 (CA-COVID), the umbrella body of organised private sector operators, supporting Nigerian government’s efforts to fight the…
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ICRC commends NNPC for transparent public bid opening processes …..As 78 companies bid for rehabilitation of NNPC critical pipelines, downstream infrastructure
The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Engr. Chidi Izurah, has commended the leadership of the Nigerian…
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