Business & Economy - Page 117

By Mike Abbah The Chief of Staff to President Bola Ahmed Tinubu, Rt. Hon. Femi Gbajabiamila, CFR, has commended the National Agency for Science and Engineering Infrastructure (NASENI) for its technological advancements, product innovations and interventions in various sectors of the economy.

The Conference of Nigeria Political Parties (CNPP) has described as “highly disappointing” the recent demand by the Nigerian National Petroleum Company Limited (NNPCL) that the Federal Account Allocation Committee (FAAC) pay it an outstanding N4.56 trillion for selling PMS at a subsidized

 The Nigerian Agricultural Insurance Corporation (NAIC), has urged stakeholders in the agricultural sector to adopt NAIC’s insurance products for their investments to forestall the risk of exposure to natural perils. Mrs Folashade Joseph, Managing Director, NAIC, stated this at the train-the-trainer workshop

The Federal Government has explained that Nigerian ginger farmers incurred losses amounting to N12 billion due mainly to the disastrous disease epidemic that destroyed their crops in 2023. Sen. Aliyu Abdullahi, Minister of State for Agriculture and Food Security, who gave this

Newly elected PenOp President, Mr Christopher Bajowa, also Managing Director/Chief Executive Officer of FCMB Pension Ltd. By RUKAYAT ADEYEMI The Pension Fund Operators Association of Nigeria (PenOp) has elected Mr Christopher Bajowa, the Managing Director/Chief Executive Officer of FCMB Pension Ltd., as

None of the four international bilateral customers receiving electricity from Nigeria’s power generation companies paid the cumulative invoice of $14.19 million issued by the Market Operator for services rendered in the first quarter of 2024, according to a report by the Nigerian

By Mike Abbah The 2024 half-year financial results of Nigeria’s listed companies showed that many consumer goods firms are battling for breath as they struggled to lift margins. Their profit and revenue haul were severely impacted, while the key cost indices revealed

The Embassy of Belgium, as well as the Australian and Canadian High Commissions in Nigeria have pledged to support the Open Data Policy of the Nigeria Extractive Industries Transparency Initiative (NEITI). The Belgian Ambassador to Nigeria, Pieter Leenknegt and his Canadian and

Candidate of the Labour Party (LP) in the February 25, 2023 presidential election, Mr. Peter Obi has challenged the presidency to make public the amount it paid for the new presidential jet and how long the aircraft has been in existence. Obi

The Forum of Concerned Stakeholders in the Nigerian Minerals and Mining Sector has denied making any inputs in the recent increase in fees, rents, and royalties in the mineral resources sector, claiming the hike in dues was implemented without proper consultation with