Private sector invests N500bn in automotive industry – Official

Alhaji Jelani Aliyu, the Director-General (DG), National Automotive Design and Development Council (NADDC), says the private sector has so far invested over N500 billion in the automotive industry. “We have

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14 ships with petrol, others waiting to berth at Lagos ports

The Nigerian Ports Authority (NPA) on Friday said 14 ships had arrived the ports and were waiting to berth with petrol, frozen fish, bulk salt, bulk wheat, base oil, ethanol

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Access Bank partners FG to roll out loans for farmers, SMEs

Access Bank Plc has partnered the Ministry of Humanitarian Affairs, Disaster Management and Social Development to roll out a loan scheme for poor farmers aged 18 years to 55 years

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OPEC raises Nigeria’s production quota to 1.772mbpd for June

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new

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Gas is transition fuel, says NNPC

The Federal Government says it is focusing on the exploitation of gas to close the gap that can be created by less use of petrol, diesel and other fossil fuels,

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Dangote Cement completes N116bn fixed rate senior unsecured bonds

Dangote Cement Company, the cement producer, says it has completed its N116 billion series 2 bond issuance which is the largest corporate bond issuance in the Nigerian capital market. The

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Lekki deep seaport to create 170,000 jobs–minister

The Minister of Information and Culture, Alhaji Lai Mohammed, Wednesday, said that the Lekki deep seaport would create 170, 000 jobs to boost the nation’s economy. The Minister made the

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Tariff hike: Lawyer, group disagree with MultiChoice on Tribunal jurisdiction

A lawyer, Festus Onifade, has disagreed with MultiChoice Nigeria Limited, the operator of DStv and Gotv, over the firm’s application challenging the jurisdiction of the tribunal in a suit filed

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2023: NNPP calls for prayers for divine direction

The New Nigeria People’s Party (NNPP) has urged Muslims to use the occasion of this year Eid-el-Fitr to pray to God to guide Nigeria as it moves towards the 2023

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Governor praises Benue Workers for contributions, resilience

Benue State Governor Dr. Samuel Ortom has commended workers in the state for their contributions to the socio economic and political development of the state. Governor Ortom in a solidarity

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