(AFRICAN EXAMINER) – The Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has sealed the extension of handling contracts with three international carriers. The company’s Group Managing Director, Mr Indranil Gupta, made this known in a statement on Monday in Lagos. The News Agency of Nigeria (NAN) reports that the international carriers are Emirates, […]
(AFRICAN EXAMINER) – President Bola Ahmed Tinubu has stated that the restart of operation at the Warri Refinery on Monday has brought lots of joy to him and Nigerians. Bayo Onanuga, the spokesperson of Tinubu, made this known in a statement on Monday as he celebrated the kickoff of the state-owned refinery after years of […]
(AFRICAN EXAMINER) – A total of 170 young graduates have benefitted from the NCDMB/PETAN/SPDC JV Graduate Internship programme, in which they were attached to indigenous technical oilfield service companies in the upstream and downstream sectors for hands-on experience. This was revealed in a statement issued on Monday and signed by Shell Petroleum Development Company of […]
(AFRICAN EXAMINER) – The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State is now up and running. This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during a tour of the facility on Monday. Before the tour of […]
(AFRICAN EXAMINER) – A policy and legal expert, Clement Nwankwo, has argued that the Nigeria Customs Service (NCS) and other revenue-collecting agencies of government should not be allowed to retain any percentage of the taxes collected on behalf of the government aside from their annual budgetary allocations. Nwankwo, who is the Executive Director of the […]
(AFRICAN EXAMINER) – The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, up from 3.19 per cent (₦18.285 trillion) in Q2 2024, driven mainly by the non-oil sector. This was revealed in the Central Bank of Nigeria’s newly released Economic Report for the third quarter of 2024. The report said […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria has said businesses, while expressing optimism about the macroeconomic environment, have projected further depreciation of the naira this month and the first three months of 2025. In its Business Expectation Survey Report for November 2024, noted that firms’ outlook on the volume of business activities, financial conditions, […]
(AFRICAN EXAMINER) – The Federal Capital Territory Internal Revenue Service (FCT-IRS), has collected a total of N252.83 billion Internally Generated Revenue (IGR) in 2024. The acting Executive Chairman of the service, Mr Michael Ango, made this known at the 2024 end of year media parley, in Abuja on Thursday. Ango said that the amount, collected […]
…Say 1965 facility modernized into a state-of-the-art plant, hailed as a significant achievement (African Examiner) – Amid ongoing scepticism and criticism surrounding the revamp of the Port Harcourt Refinery, former Group Managing Directors (GMDs) of the Nigerian National Petroleum Company Limited (NNPC Ltd) have commended the efforts of the current management team, led by Mr. […]
(AFRICAN EXAMINER0 – President Bola Tinubu has set a N1500/dollar target in the 2025 Appropriation Bill presented to the joint session of the 10th National Assembly in Abuja on Wednesday. According to him, the target was to enable the Federal Government to ensure the smooth implementation of the 2025 budget. This marks a reduction of […]
(AFRICAN EXAMINER) – President Bola Tinubu has commended Shell and its partners’ announcement of the Final Investment Decision (FID) on the Bonga North Deep Offshore Field. According to a press statement issued on and signed by Special Adviser to the President, Information and Strategy, Mr. Bayo Onanugqa, this landmark development, Nigeria’s first deepwater oil project […]
(AFRICAN EXAMINER) – Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates […]
(AFRICAN EXAMINER) – Poultry farmers in Oyo State have expressed concern over the potential decline in chicken sales during the forthcoming Christmas season. The chairman, Livestock and Poultry Farmers Union (LPFU), Oyo State Chapter, Mr Josiah Adebola, aired his worries on Sunday in a chat with the News Agency of Nigeria (NAN) in Ibadan. Adebola […]
(AFRICAN EXAMINER) – The African Development Bank (AfDB) group is to launch the Debt Management Forum for Africa (DeMFA). DeMFA is a new platform aimed at promoting high-level dialogue on debt productivity and sustainability across the continent. A statement by the bank on Sunday added that the launch will take place on Monday and Tuesday […]
(AFRICAN EXAMINER) – Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Aisha Rimi, has said that the commission is committed to several initiatives aimed at driving further economic growth through investment. According to her, the initiatives align with the 8-Point agenda of President Bola Tinubu, stressing that they are designed to accelerate Nigeria’s progress […]
(AFRICAN EXAMINER) – The Enugu State Government and the Commonwealth Enterprise and Investment Council, CWEIC, on Thursday, signed a strategic partnership agreement that would accelerate trade and investment inflow to the state. This was even as Governor Peter Mbah of Enugu State was named a co-chair of the Governors Roundtable at the 2025 edition of […]
(AFRICAN EXAMINER) – It was a moment of excitement for the 17 host communities to Dangote Cement, Ibese Plant in Ogun State as the management reeled out 25 multi-million Naira Social Investment projects successfully executed for the people of the communities in the outgoing 2024 year, with an assurance of bigger investment projects in 2025. […]
(AFRICAN EXAMINER) – The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) will engage with Small and Medium Enterprises (SMEs) nationwide on the implications and opportunities of the proposed Tax Reform Bills. The Director-General of SMEDAN, Mr Charles Odii, on Monday in Abuja said the initiative aimed to educate SMEs, which constituted over 90 […]
(AFRICAN EXAMINER) – The Governor of the Central Bank of Nigeria (CBN) Yemi Cardoso has acknowledged that Nigeria remains in a financial and economic crisis, a situation inherited by the current CBN administration. Speaking at the 14th Annual Bankers’ Committee Retreat in Abuja, Cardoso explained that the role of the bankers’ committee remains critical towards […]
(AFRICAN EXAMINER) – A wave of jubilation swept through Gboko, Benue State, on Wednesday as Dangote Cement Plc and six host communities signed an historic Community Development Agreement (CDA). The landmark accord, which commits Dangote Cement to multimillion-naira development initiatives, was celebrated as a transformative milestone, with the communities pledging to uphold a peaceful coexistence. […]
