The Minister of Aviation and Aerospace Development, Festus Keyamo, has urged aviation workers to embrace dialogue in resolving issues rather than embarking on protests and strikes. The minister noted that the aviation sector and the country incur huge losses whenever the airports are shut down due to protests and strikes. He spoke in Abuja yesterday…
The Federal High Court in Yenagoa, Bayelsa State, has ruled on the disputed OML 46 which has been in contention between Halkin Exploration and Production Limited and the Bayelsa Oil Company Limited, reaffirming that the former- Halkin Exploration and Production Limited, as the rightful owner and operator of the Atala Marginal Oil Field, OML 46….
QNET, a wellness and lifestyle company, has restated its commitment to empowering entrepreneurs in Nigeria and the rest of Africa. Its Chief Marketing Officer, Trevor Kuna, gave the commitment in Ghana when the country took center stage as the host of QNET’s V-Africa 2025, a regional edition of the company’s flagship convention. Speaking on the…
The Manufacturers Association of Nigeria (MAN) threw its weight behind the Federal Government’s proposed reform of free-trade zone operations in Nigeria. It said it will ensure equitable tax treatment for companies operating in the customs territory and those licensed to operate within the free zones with respect to sales into the customs territory, thereby enabling…
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to fostering a level playing field and creating an enabling environment to strengthen businesses in the maritime sector. The Director-General of NIMASA, Dr Dayo Mobereola, gave the commitment while receiving the Executive Members of the Nigerian Merchant Navy Officers and Water Transport Senior…
Transcorp Power Plc has announced plans to generate 25 per cent of the electricity consumed in Nigeria in the near future, up from its current share of 12 per cent. Chairman of the Board of Directors, Mr. Emmanuel Nnorom, made this disclosure in Abuja on Tuesday during the company’s Annual General Meeting (AGM). “The power…
The Federal Government has reiterated its commitment to fostering an enabling environment for private sector-led investments to drive economic growth, particularly in the agricultural sector. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, gave this assurance during a meeting with the Managing Director of Olam Agri, Mr. Anil Nair, in…
The Group Chief Executive Officer (GCEO), Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari has said the country has the potential to grow more than $1 trillion Gross Domestic Product (GDP) which is the target of President Bola Tinubu. Speaking at the ongoing 2025 Nigerian International Energy Summit (NIES) in Abuja, he said $1…
The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President Bola Tinubu disclosed this while officially declaring the eight edition of the Nigeria International Energy Summit (NIES 2025) open in Abuja…
