Business - Page 305

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

The Nigerian military has seized over 500,000 litres of stolen crude oil as part of an intensified crackdown on illicit activities in the country’s oil-rich Niger Delta region. Maj.-Gen. Edward Buba, Director of Defense Media Operations,

Emmanuel Ochayi

November 23, 2023

Business·News

C&I Leasing Forecasts 2024 Forex Impact, Ensures Dividends Amid FX Volatility

The Group Managing Director/Chief Executive Officer of C&I Leasing, Mr Ugoji Lenin Ugoji, has highlighted the impact of foreign exchange dynamics in the upcoming year, while assuring shareholders of dividend payouts amidst

Emmanuel Ochayi

November 23, 2023

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business·News·Oil & Gas

Nigeria Govt To Revive Marginal Field Bid Round To Fuel Domestic Energy Boost

President Bola Tinubu has given the green light for a new round of bidding to revitalize abandoned oil and gas fields in Nigeria. This announcement, made by Minister of State for Petroleum

Emmanuel Ochayi

November 23, 2023

Business·News·Oil & Gas

TotalEnergies Confirms Containment Of Egina FPSO Oil Leak

TotalEnergies has confirmed the containment of the oil leak from the Egina Floating Production Storage and Offloading (FPSO) vessel. Charles Ebereonwu, the company’s Country Communication Manager, assured that the oil leak, which

Emmanuel Ochayi

November 23, 2023

Business·Currency·News

Zhao Plea Deal: Traders ‘Withdraw Over $1 Billion’ From Binance In 24 Hours

Twenty-four hours after Binance founder, Changpeng Zhao resigned and pleaded guilty in a settlement with United States authorities, outflows from the world’s largest crypto exchange by trade volume have exceeded $1 billion,

Victor Ezejaand

Admin

November 23, 2023

Nigeria's Port Predicament: Why Breaking the Monopoly is Key to Economic Growth

Business·News

MWUN Rejects Govt’s Plan To Re-float National Shipping Line Amid Unresolved Employee Benefits

The Maritime Workers Union of Nigeria (MWUN) opposes the Federal Government’s proposal to revive the Nigeria National Shipping Line (NNSL) via a public-private partnership. They cite unaddressed concerns about the welfare of

Emmanuel Ochayi

November 22, 2023

Business·News

Nigerian Lawmakers Order Probe Into Revenue Leakages Among Government Agencies

The House of Representatives has ordered investigation of revenue leakages through the Remita platform and non-compliance issues among government revenue-generating agencies. This decision, triggered by concerns over financial discrepancies and procedural deviations, signifies

Emmanuel Ochayi

November 22, 2023

Business·News·Oil & Gas

Union Bank Partners UGEAP To Fuel Renewable Energy Development In Nigeria

Universal Green Energy Access Programme (UGEAP) based in Luxembourg and Union Bank of Nigeria have solidified the groundwork for a strategic alliance aimed at propelling the growth of the renewable energy sector in Nigeria.

Emmanuel Ochayi

November 22, 2023

Expert Predicts Further Petrol Price Drop In June, July Amid Competition, Naira Stability

Business·News·Oil & Gas

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

In a revelation by the National Bureau of Statistics (NBS) on Wednesday, the average retail prices of petrol and diesel soared in October 2023. The NBS’s Petrol Price Watch for October disclosed that

Emmanuel Ochayi

November 22, 2023

Umahi Unveils 2,097 Road Projects Nationwide, Highlights Funding Challenges

Business·News

Umahi Unveils $35 Billion Plan For Concrete Roads, Ajaokuta Steel Revival

The Minister of Works, David Umahi, disclosed the government’s $35 billion plan to revolutionize road construction nationwide. In a meeting held at the Ministry’s headquarters in Abuja, Umahi emphasized the role of

Emmanuel Ochayi

November 22, 2023

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Business - Page 305

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

C&I Leasing Forecasts 2024 Forex Impact, Ensures Dividends Amid FX Volatility

Nigeria Govt To Revive Marginal Field Bid Round To Fuel Domestic Energy Boost

TotalEnergies Confirms Containment Of Egina FPSO Oil Leak

Zhao Plea Deal: Traders ‘Withdraw Over $1 Billion’ From Binance In 24 Hours

MWUN Rejects Govt’s Plan To Re-float National Shipping Line Amid Unresolved Employee Benefits

Nigerian Lawmakers Order Probe Into Revenue Leakages Among Government Agencies

Union Bank Partners UGEAP To Fuel Renewable Energy Development In Nigeria

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

Umahi Unveils $35 Billion Plan For Concrete Roads, Ajaokuta Steel Revival

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