Business & Economy - Page 113

The Executive Secretary, CEO Nigeria shippers’ council, Akutah Pius Ukeyima, has stated that the ongoing reforms in the maritime sector by the federal government, particularly the creation of the Marine and Blue Economy ministry, has repositioned the sector for growth, enthusing that the

The Federal Competition and Consumer Protection Commission (FCCPC), has hailed the Federal High Court ruling over the Commission’s authority to regulate competition and consumer protection across all sectors, including telecommunications. The case was instituted by Emeka Nnubia, a shareholder of MTN and

The Nigeria Employers’ Consultative Association (NECA) has demanded a reversal of the four per cent charge on the Free on Board (FOB) value of imports by the Nigeria Customs Service (NCS). NECA’s Director-General, Mr Adewale-Smatt Oyerinde, made the call in a

President Bola Tinubu on Sunday – yesterday, February 9 – in Lagos praised the late Access Bank CEO, Dr Herbert Wigwe, for his contributions to the growth of various sectors of Nigeria’s economy. Tinubu, represented by the Minister of Finance and Coordinating

An energy expert, Dan Kunle, has warned that the continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite current local refining capacity to meet domestic demand, risks derailing the gains of oil industry deregulation,

The people of Ogoniland have expressed their support for ongoing discussions between their leaders and the federal government regarding the planned resumption of oil extraction in their land. This endorsement was contained in a communique issued at the end of a

Less than 48 hours after Aba Power assured electricity consumers in the Aba Ringfence, comprising nine of the 17 local government areas in Abia State, of its readiness to start supplying areas in its coverage area affected by the ongoing maintenance

The Nigeria Ports Authority (NPA) says it is reviewing its charges upward by 15 per cent, citing a need for competitiveness and infrastructural upgrades. Managing Director of the NPA, Dr  Abubakar Dantsoho, who disclosed the plan at a maritime stakeholders’ meeting held

The House of Representatives has urged the Federal Government to immediately halt all divestment processes by Shell, TotalEnergies and other International Oil Companies (IOCs) in the Niger Delta, until they have addressed their environmental and social liabilities. The House, which also