By Abdulfatah Babatunde Angola’s Ministry of Mineral Resources, Oil and Gas and the Ministry of Hydrocarbons of the Democratic Republic of the Congo (DRC) have signed an agreement with new terms for the co-development of offshore Block 14. TheNewsZenith reports that the duo signed the agreement during the opening of the Angola Oil & Gas […]
By Abdulfatah Babatunde The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC) has signed a Memorandum of Understanding (MoU) with the Central Bank of the Republic of Azerbaijan (CBAR) to enhance Islamic insurance services. TheNewsZenith reports that ICIEC is a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group. The […]
From Our Correspondent The Federal Government has donated 64 Compressed Natural Gas (CNG) buses to the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC) and the National Association of Nigerian Students (NANS). TheNewsZenith reports that a federal government delegation, led by the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, made […]
From Our Correspondent The Federal Government will now begin to register and tax the incomes of foreigners working in Nigeria under a proposed amendment to the National Identity Management Commission (NIMC) Bill, 2024. TheNewsZenith reports that Mr Bayo Onanuga, Special Adviser to the President, Information and Strategy, announced the new policy while newsmen at State […]
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 […]
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, […]
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. […]
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 […]
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 […]
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, […]