Economy
General Oil & Gas

CSOs commend FG’s effort to ensure affordable petrol

From Our Correspondent The National Civil Society Council of Nigeria (NCSCN) has commended the Federal Government for making efforts to ensure Nigerians buy petrol at the cheapest cost possible. TheNewsZenith reports that Charles Ibiang, NCSCS’s Director of Petroleum and Natural Resources, said this at a news conference in Abuja. Ibiang explained that the Nigerian National […]

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Economy

OYSG reabsorbs tenants into rebuilt Bola Ige market

From Our Correspondent The Oyo State Government says it has reabsorbed former occupying traders into the redeveloped Bola Ige International Business Complex, New Gbagi, Ibadan. TheNewsZenith reports that Mr Adeniyi Adebisi, Commissioner for Trade, Industry, Investment, and Cooperatives, announced the reabsorption in a statement, in Ibadan on Monday. Adebisi said upon completion of the project, […]

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Oil & Gas Transportation

CNG: Lagos centres begin vehicle conversion inspection

By Muhammed Opeyemi The Presidential CNG Initiative (PCNGi) has started inspecting commercial vehicles that would benefit from the free Compressed Natural Gas (CNG) conversion and installation in Lagos. TheNewsZenith reports that the exercise is part of the PCNGI as approved by President Bola Tinubu to provide a cheaper and cleaner vehicle fueling alternative for Nigerians. […]

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General Oil & Gas

Group lauds FG’s CNG as alternative energy source

From Our Correspondent The Tinubu Media Volunteers have applauded the efforts of President Bola Tinubu’s administration to roll out Compressed Natural Gas as a cheaper alternative to petrol. TMV gave the commendation in a statement emailed to TheNewsZenith on Friday evening. It gave the applause following indication that CNG at N230 per kg, is far […]

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Economy Maritime

Expert projects global smart port reaching $15.5bn by 2032

By Muhammed Opeyemi A maritime expert, Capt. Laurence Smith, says the global smart ports market, valued at $2 billion in 2022, will be worth $15.5 billion by 2032 through digitalisation of African ports. Smith, the Chief Operating Officer of Lekki Port, made the projection at a Business Conference and Exhibition of the 2024 International Maritime […]

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Banking & Finance Economy Foreign News

Private sector applaud AfDB at 60, seek more support

By Abdulfatah Babatunde Young African entrepreneurs have asked the African Development Bank (AfDB) to expand its support to female entrepreneurs, young innovators and business creators. Such expansion will reduce poverty and tackle the dearth of jobs in Africa. TheNewsZenith reports that the African youth business representatives were speaking at a panel discussion titled: “Our World, […]

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Economy General Politics

Petrol subsidy, weapon of destruction – IMPI

By Abdulfatah Babatunde A Think-Tank group, the Independent Media and Policy Initiative (IMPI), has called for the separation of petrol subsidies and the nation’s economy which have become Samese twins. TheNewsZenith reports that Chief Niyi Akinsiju, IMPI Chairman, made the call at a Press briefing, on Tuesday in Abuja. According to Akinsiju, the government then […]

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Banking & Finance Economy Foreign News

IsDBI implements pilot strategic mapping framework

By Abdulfatah Babatunde The Islamic Development Bank Institute (IsDBI) has announced the successful completion of its flagship Islamic Finance Strategic Mapping Framework (IF-MAP), (formerly IF-CAF) pilot exercise in the Republic of Kazakhstan. The bank announced this in a statement mailed to TheNewsZenith on Sunday. According to the statement, IsDBI conducted this comprehensive assessment in collaboration […]

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Business Economy

Group applauds FG’s consumer credit scheme rollout

From Our Correspondent The Tinubu Stakeholders Forum (TSF) has commended President Bola Ahmed Tinubu for rolling out the Consumer Credit Scheme, describing it as a historic and groundbreaking development initiative. TheNewsZenith reports that TSF in a statement on Saturday noted that the initiative would shape the nation’s financial landscape. The statement was jointly signed by […]

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Economy Oil & Gas

NCDMB lauds local content achievements in NLNG’s Train 7 Project

By Abdulfatah Babatunde The Executive Secretary (ES) of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe has commended the significant local content strides achieved in the Nigeria LNG Limited (NLNG) Train-7 project. TheNewsZenith reports that Ogbe gave the commendation when he visited NLNG project sites on Friday in Bonny, Rivers State. Ogbe […]

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