Business

The House of Representatives on Tuesday commence debate on a bill which seeks to ensure uniform exchange rate throughout the country both at the Bank, Commercial Banks, or any such persons licensed to carry on the business of Bureau De Change (BDC). The proposed legislation seen by Reps reporter seeks...

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has rolled out his five-point agenda for Nigeria’s Aviation sector, which he said were arrived at upon review of the “progress made so far vis-a vis the existing gaps” in the Aviation Ministry. Speaking on Tuesday during a Webinar themed: “Repositioning...

A leading gas company, UTM Offshore Ltd, owner of Nigeria’s first Floating Liquified Natural Gas (UTM FLNG) company has x-rayed the policy thrust of the President Bola Ahmed Tinubu administration and expressed optimism that the administration would revamp the nation’s productive sector. The Managing Director of UTM Offshore Ltd, Dr....

…Committee Set Up By Tinubu To Reconcile NNPC’s Remittances To FAAC Submits Preliminary Report Despite the claims by the Nigeria Extractive Industries Transparency Initiative (NEITI) that the defunct Nigeria National Petroleum Corporation (NNPC) did not remit $1.9bn to the federation account in 2021 before transitioning to a commercial venture, the...

Cross River State Governor, Senator Bassey Otu, has charged info tech investors from the United States to take advantage of the large pool of young and active population to establish ICT hubs in the state. The governor made the call when he received members of the Silicon Products Group during...

The Nigerian oil and gas industry survived the period of COVID-19, because of the huge local human and infrastructural capacities the board developed since the enactment of the Nigerian Oil and Gas Industry Content Development Act in 2010. Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB, Engr...

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has appealed to Anambra State governor, Chukwuma Soludo, to pay the sum of N900.7 million debt owed to its members over supply of diesel. IPMAN made the appeal in a letter to the governor which was signed by Chinedu Anyaso and Emeka...

By Fatima Oluwakemi Saka In commomeration of 2023 World Tourism Day, the World Tourism Organization, a UN specialized Agency has emphasized on the important of tourism as a pillar of the global economies and sustainable growth, saying It plays a central role in our societies and in our individual lives....

Douglas Blessing, Port Harcourt The Convention on Business Integrity (CBi) and Maritime Anti-Corruption Network (MACN) has shown a strong strength in the reform of the Nigerian port. This as CBI in collaboration with MACN hosted a conference in Port Harcourt, for stakeholders who works in port. The organisers of the...