Economy
Economy Industry

Proximity to material informs FG’s citing auto industrial park in Osogbo – NADDC

From Abdulfatah Babatunde, Osogbo The National Automotive Design and Development Council (NADDC) has revealed that the Federal Government established the Auto Industrial Park in Osogbo, Osun State, due to proximity to raw materials. Mr Joseph Osanipin, Director-General of NADDC, made this known when he paid a courtesy call to Governor Ademola Adeleke of Osun State. […]

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Economy Oil & Gas

NLNG receives FIRS’ ‘Most Compliant Taxpayer’ award

From Our Correspondent Nigerian Liquefied Natural Gas (NLNG) has received the prestigious ‘Most Compliant Taxpayer’ award from the Federal Inland Revenue Service (FIRS). TheNewsZenith reports that FIRS organised the award on 2024 FIRS Day during the Lagos International Trade Fair. In a statement on the award, Sophia Horsfall, the NLNG’s General Manager (External Relations and Sustainable […]

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Oil & Gas Video

Video: Monopoly: Fix our refineries, Obaigbena tells FG

  From Abdulfatah Babatunde Nduka Obaigbena, the Chairman of ThisDay/Arise Media Group, has challenged the federal government to urgently fix all four refineries. TheNewsZenith reports that Obaigbena made the remarks at the ongoing 20th All Nigeria Editors Conference (ANEC) in Yenagoa, Bayelsa State. According to him, if they want to encourage competition and stop monopolies […]

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Economy Oil & Gas Video

Video: Horsfall steps in as NLNG GM External Relations as Odeh retires

By Abdulfatah Babatunde As Andy Odeh, General Manager, External Relations and Sustainable Development begins retirement leave, the Nigeria Liquified Natural Gas (NLNG) has appointed Dr Sofia Horsfall as its new General Manager. TheNewsZenith reports that Odeh announced the changes at a news briefing in Lagos. The outgoing GM expressed confidence in Horsfall’s capabilities, highlighting her extensive […]

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Banking & Finance Economy

CBN, IFC collaborate to boost local currency financing

By Abdulfatah Babatunde The International Finance Cooperation (IFC) and the Central Bank of Nigeria (CBN) have signed a collaborative agreement to increase local currency financing. TheNewsZenith reports that Hakama Sidi-Ali, the CBN’s acting Director of Corporate Communications, announced the partnership in a statement on Monday in Abuja. Sidi-Ali stated that the agreement was to enable private […]

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Oil & Gas Politics

Seplat/Mobil deal: Giant step to boost crude production – TMSG

By Abdulfatah Babatunde The Tinubu Media Support Group (TMSG) has described the approval of the Seplat/ExxonMobil divestment deal and other related agreements as clear proof of the Tinubu administration’s readiness to boost Nigeria’s crude production capacity. TheNewsZenith reports that the approval is capable of pushing Nigeria’s daily crude oil production to four million barrels/day by […]

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Economy General

World Bank VP wrong on Obasanjo’s economic reforms – TDF

  By Abdulfatah Babatunde The Democratic Front (TDF) has critiqued the World Bank for attempting to use President Olusegun Obasanjo’s regime as the benchmark for validating President Bola Ahmed Tinubu’s Renewed Hope Economic Agenda. TheNewsZenith reports that TDF, however, noted it agreed with some of the bank’s submissions. TDF insisted that the two scenarios were […]

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Business Economy

NEPC’s centre to empower youth, women – Minister

By Our Correspondent The Federal Government has inaugurated the Export Skills Acquisition Centre (ESAC) under the Nigerian Export Promotion Council (NEPC) to enhance capacity building for the youths and women. TheNewsZenith reports that the Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, announced this at the inauguration of the centre on Friday in Lagos. ESAC […]

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Business Economy

ICCI, German partners train 70 women entrepreneurs

By Our Correspondent The Ikorodu Chamber of Commerce and Industry (ICCI), with the German Chamber and Association Partnership Project (KVP), jointly trained 70 female Small and Medium-sized Entrepreneurs (SMEs). TheNewsZenith reports that the capacity training took place at the ICCI centre in Ikorodu on Thursday, Lagos State. The training’s theme is “Navigating Legal and Regulatory Issues: […]

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