Economy
General Industry

Nnaji reaffirms Nigerian’s commitment to industrialisation agenda

By Our Correspondent Minister of Innovation, Science and Technology, Uche Nnaji, has reaffirmed the Federal Government’s commitment to support Nigeria’s industrialisation agenda through demand-driven research and development. Nnaji gave the assurance at the eighth edition of the Nigeria Manufacturing and Equipment Expo (NME-Expo) and the Ninth Edition of the Nigerian Raw Materials Expo (NIRAM-Expo), on […]

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Climate Change Economy Foreign News

Arab Group pledges $50 billion for African development

By Abdulfatah Babatunde The Arab Coordination Group (ACG) has pledged to increase support for its African partner countries ahead of the crucial COP28 climate change conference. To this end, ACG on Thursday in Riyadh, Saudi Arabia announced it would allocate up to $50 billion to help build resilient infrastructure and inclusive societies in the African […]

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Economy Oil & Gas

 NLNG dismisses speculation on gas prise hike

By Abdulfatah Babatunde Nigeria LNG Limited (NLNG) has dismissed speculative reports of domestic price surge of cooking gas known as Liquefied Petroleum Gas (LPG). Andy Odeh, General Manager, External Relations and Sustainable Development at NLNG dismissed the speculation in a statement emailed to TheNewsZenith on Wednesday. “The speculation is indicative of a fundamental misunderstanding of Nigeria’s […]

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General Oil & Gas

Petroleum tanker drivers back Tinubu’s oil sector agenda

From Our Correspondent The Petroleum Tanker Drivers (PTD) association says time has come to work with the Federal Government, stop strikes and ensure an adequate supply of petroleum products. Mr Lucky Osesua, President of PTD, while chatting with newsmen on Tuesday in Abuja. Osesua urged PTD members nationwide to go about their normal duties to […]

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Economy National Oil & Gas

NLNG restates commitment to local content development

By Abdulfatah Babatunde The Nigeria LNG Limited (NLNG) has again demonstrated its unwavering commitment to the advancement of local content in Nigeria. The company reinstated this at a three-day Nigerian Content Stakeholders Retreat held at its plant complex in Bonny, Rivers State over the weekend. The event provided a platform for the cohesion of NLNG’s […]

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Economy General

Customs intercept amunitions, arrest two suspects in Rivers.

From Our Correspondent  The Nigeria Customs Service (NCS),  has intercepted some amunitions and arrest two suspects in One near Port Harcourt, TheNewsZenith reports. The Comptroller of Rivers Command, Baba Imam, told newsmen, on Friday in One, that the Customs have handed the suspects over to the Police. TheNewsZenith quotes Imam as saying the command also […]

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Economy General National

We are reforming economy to promote efficiency – Tinubu

From Our Correspondent President Bola Ahmed Tinubu said his administration was working hard to reform the nation’s economic and business environment to promote efficiency. Tinubu gave this assurance during a bilateral meeting with the Chancellor of the Federal Republic of Germany, Olaf Scholz and his entourage, on Sunday, in Abuja. The Nigerian President and the […]

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General Oil & Gas

FG establishes 7 CNG conversion centres

From Our Correspondent The Presidential Compressed Natural Gas (CNG) Initiative Steering Committee, on Friday, said seven CNG conversion centres have been established in the country. The Committee Chairman, Mr Zacch Adedeji, made this known while handing over CNG buses to the State House, Permanent Secretary, Mr Olusesan Adebiyi, in Abuja. Adedeji is the acting Chairman […]

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Economy Foreign News

AU advocates blocking illicit finances to boost Africa’s growth

The African Union (AU) has emphasised that addressing the issue of illicit financial outflows from the continent is crucial for expediting progress toward achieving inclusive growth and sustainable development. Patrick Olomo, Head of the Department of Economic Affairs at the AU Commission, made this assertion in Nairobi, Kenya. Olomo was addressing the 2023 African Parliamentary […]

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Economy General Oil & Gas

Nigeria’ll support global energy security – NLNG MD

By Abdulfatah Babatunde The Decade of Gas plan is the most comprehensive plan to restore efforts towards fully harnessing Nigeria’s vast gas resources and ensure a reliable global supply of clean energy, the Managing Director of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has said. Mshelbila made this remarks when a delegation from the European […]

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