The Lagos State Government has said that it will not hesitate to terminate the contract of any ongoing jetty construction project not done to specification or contract duration. The Honourable Commissioner for Waterfront Infrastructure Development, Arc. Hamed Kabiru Abdullahi, disclosed…
Director General of the Nigerian Civil Aviation Authority ( NCAA), Captain Musa Nuhu says that a fair assessment of the domestic aviation sector shows that Nigeria has recovered from Covid-19 pandemic especially with the vast number of wet leased aircraft…
The Ministry of Power says it has facilitated the payment of all entitlements of the workers of Abuja Electricity Distribution Company (AEDC) which caused the recent industrial action. The industrial action led to the shutdown of the company’s facilities and…
The Securities and Exchange Commission (SEC ) is to carry out advocacy efforts to relevant Government Agencies such as the Nigerian National Petroleum Corporation (NNPC) and Federal Ministry of Petroleum Resources on listing of shares of the NNPC. In his…
China is hosting this week foreign ministers from major oil producers and exporters in the Middle East to discuss boosting energy ties and a possible free trade agreement, while Beijing is concerned with the unrest in central Asian oil producer…
That Nigeria recently has been caughtin the web of revenue shortfalls is much of a strong discourse in view. The vagaries of the inconsistencies in global oil prices have pushed the Country to the end where the shortfalls in revenue…
The nation’s bourse kicked off the week on Monday still on a bullish note with bargain buying on Dangote Cement and other 27 stocks. Specificaly, the All-Share Index inched higher by 42.71 points or 0.10 per cent to close at…
BUA Foods Plc, the newest member on the NGX Main Board has surpassed the N1 trillion market value in the early hours of trading activities on Monday after the share gained over 9% in just 2 hours of trading. The…
The Nigerian Independent Petroleum Company (NIPCO) has positioned it’s workforce for improved service delivery in the coming year 2022. Managing Director and Cheif Executive Officer of the company, Suresh Kumar, in his New Year message appreciated the employees resilience over…
The Federal Government is yet to implement the payment of Value Added Tax, VAT, on imported Liquefied Petroleum Gas, LPG, the Nigerian NewsDirect reports. LPG, also known as cooking gas marketers confirmed the development to Nigerian NewsDirect on Monday in…
