By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA), has expressed commitment to playing a leadership role that will ensure growth and development of the maritime sector. The Deputy Director, Shipping Development of NIMASA, Hajiya Rakiya Lamai made this…
Nigeria’s first deep-water exploration and production vessel, Bonga, hit a one-billion-barrel oil export mark on Monday. The Managing Director, Shell Nigeria Exploration and Production Company Ltd., (SNEPCo), Mrs Elohor Aiboni said this in a statement in Lagos. Aiboni said that the…
Mr Ben Llewelyn-Jones, British Deputy High Commissioner in Lagos, says UK exports to Nigeria amounted to 3.3 billion pounds in the four quarters of 2022. He said that the total UK imports from Nigeria, in the period, amounted to 2.2…
The Niger State Government on Saturday revealed that it had filed a lawsuit against the Federal Government of Nigeria over the naira redesign policy of the Central Bank of Nigeria (CBN) at the Supreme Court. This was disclosed in a…
On Friday, an economic expert, Bismarck Rewane, projected a three-to-five-per cent drop in the gross domestic product (GDP) of Q1 2023 as a direct result of the naira redesign policy of the Central Bank of Nigeria (CBN). Earlier, the Central…
Dangote Group yesterday held its Special Day at the on-going 13th Gateway International Trade fair in Abeokuta with a pledge to ensure Nigeria attains self-sufficiency in all the economic sectors where it operates. This is even as the Ogun state…
By Moses Adeniyi The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that no less than N103.509 billiion as at the end of December 2022 has been paid to uninsured depositors of liquidated banks in the Country. This is just as…
Bankole Taiwo, Abeokuta Dangote Group on Thursday held its Special Day at the ongoing 13th Gateway International Trade fair in Abeokuta with a pledge to ensure Nigeria attains self-sufficiency in all the economic sectors where it operates. This is even…
By Moses Adeniyi The Nigeria Deposit Insurance Corporation (NDIC) has said it is working assiduously to ensure the review of the Act governing its operation is finalised before the end of the 9th Assembly to enable President Muhammadu Buhari assent…
The Federal Government on Wednesday directed the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to sanction any oil marketer involved in the racketeering of petroleum products. This is just as it blamed oil marketers who engage in racketeering activities…
