Business Archives - Page 12 of 38

Governor Radda Launches Ranoair Katsina-Abuja Route

NewsDeskNgJan 22, 2024January 22, 20240

Katsina State Governor, Mallam Dikko Umau Radda this afternoon officially inaugurated the commencement of the Ranoair Katsina -Abuja routes. The ceremony took place at the Umaru Musa Yaradua International Airport Katsina and was attended by key figures including Minister of Housing and Urban Development Architect Ahmed Musa Dangiwa, Senior Special...

FG hopes to reach $1 trillion in maritime earnings by 2027

NewsDeskNgJan 20, 2024January 20, 20240

The Federal Government, has said that the Nigerian maritime industry would play a pivotal role in achieving $1tn economic growth by 2027. The Executive Secretary of the Nigerian Shippers Council, Pius Akuta, disclosed this on Thursday during a courtesy visit at the Tincan Island Container Terminal Limited, Lagos. President Bola...

Dangote Petroleum Refinery registers MOMAN, IPMAN and DAPPMAN members for Products’ distribution

NewsDeskNgJan 20, 2024January 20, 20240

Management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country. So far, members of three prominent associations, that constitute 75 per cent of the total market in Nigeria have been registered. The associations are Depot and Petroleum Products...

Centre Calls for Resignation of CBN Governor Over High Exchange Rate

NewsDeskNgJan 19, 2024January 19, 20240

…says Cardoso clueless, cannot drive monetary policy The Centre for Social Justice, Equity, and Transparency (CESJET) has called on Olayemi Cardoso to resign as the Central Bank of Nigeria governor. In a statement signed by its Executive Secretary, Dr. Toyin Dawodu, the Centre described Cardoso as clueless, incompetent, and unprepared...

Why Kogi Govt. Bans Issuance Of Consent Letter For Mining Activities

NewsDeskNgJan 19, 2024January 19, 20240

The Kogi State Government has placed a ban on the issuance of consent letter to miners without its approval. The Kogi State Commissioner For Solid Minerals and Natural Resources, Engr. Bashiru announced this on Thursday in Lokoja at the Glass House, Government House. Gegu told newsmen after a meeting between...

Governor Sule seeks further collaboration with ministry for solid minerals

NewsDeskNgJan 18, 2024January 18, 20240

Governor Abdullahi Sule has met with the Minister for Solid Minerals Development, Dele Alake, where they discussed matters concerning security around mining sites as well as developing the mining sector. Governor Sule visited the headquarters of the ministry in Abuja, in the company of Senator Umaru Tanko Al-makura and state...

Shoprite Nigeria Closes Kano Store, Announces 2-5 Year Bullish Growth for Nigeria

NewsDeskNgJan 16, 2024January 16, 20240

Retail Supermarket Nigeria Limited (RSNL), operating as Shoprite Nigeria has announced plans to close its Ado Bayero Store in Kano from January 14, 2024, just as it hinted of the retail chain’s two to five-year bullish growth plan for the Nigerian market. While resting the Kano outlet, Shoprite optimistically mulls...

Fear Grips Customers as Wema Bank Announces N8bn Loss

NewsDeskNgJan 16, 2024January 16, 20240

Wema Bank has announced a significant financial loss to the tune of more than N8 billion which has raised concerns among customers of the deposit bank. According to the tier 2 lender, led by Moruf Oseni, it suffered the huge loss more than N8 billion to litigation and fraud in...

NCC rewards Nasarawa’s Right of Way Regulation 2023 with free wireless internet cloud

NewsDeskNgJan 16, 2024January 16, 20240

…as exco tackles security threat in Toto The Nigerian Communications Commission (NCC) has rewarded Nasarawa State with free wireless internet cloud to be installed in one of the state-owned tertiary institutions in recognition of the recent passage of the Right of Way Regulation 2023. Governor Abdullahi Sule disclosed this while...

Dangote Petroleum Refinery Starts Production

NewsDeskNgJan 13, 2024January 13, 20240

Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian...