By Abdulfatah Babatunde The Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a new vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio. Iwokiri Aprioku, NLNG’s Acting Manager, Corporate Communication and Public Affairs announced this in a statement emailed to TheNewsZenith […]
From Our Correspondent President Bola Ahmed Tinubu has approved the appointment of the Infrastructure Corporation of Nigeria (InfraCorp) as the Lead Developer of Evergreen City, Nigeria’s green industrial zone. TheNewsZenith reports that the appointment is in line with the President’s commitment to ensure industrial development in the country. In approving the appointments, the President outlined […]
From Our Correspondent The NNPC Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL), have announced they successfully began oil production at the Oil Mining Lease (OML) 13 in Akwa Ibom State. Olufemi Soneye, Chief Corporate Communications Officer of NNPC announced this in a statement emailed to TheNewsZenith on Monday. According […]
By Abdulfatah Babatunde The Islamic Development Bank Group Business Forum (THIQAH) and the World Association of Investment Promotion Agencies (WAIPA) have signed a Memorandum of Understanding (MoU) on investment opportunities. TheNewsZenith reports that the MOU is aimed at fostering collaboration to promote business and investment opportunities on a global scale. The agreement underscores the shared […]
By Abdulfatah Babatunde President of the African Development Bank (AfDB) Dr Akinwumi Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). TheNewsZenith reports that Adesina spoke at the Islamic Development Bank (IsDB)’s 50th-anniversary celebrations in Riyadh. He highlighted a growing annual financial shortfall of $4 trillion. This, […]
By Abdulfatah Babatunde A Think-Tank, Independent Media and Policy Initiative (IMPI), has called on the media to sensitise and encourage Nigerian citizens to update or register for BVN and NIN to enable them to benefit from various government’s social security programmes unfolding. IMPI Chairman, Niyi Akinsiju, made the call announced this at a press conference organised, […]
The Islamic Development Bank (IsDB) Institute has slated the 18th edition of its Global Forum on Islamic Finance to hold in Riyadh, Saudi Arabia, on April 28. The forum will be hold alongside the IsDB Group’s Annual Meetings and Golden Jubilee Celebration. It is organised annually as a flagship side event of the Group’s Annual […]
From Jafar Omoniyi, Abuja Vice President Kashim Shettima has assured Nigerians that the nation’s currency, Naira would continue to gain value against the American dollar at the forex market, the office of VP said in a statement. TheNewsZenith reports that the spokesperson of the Vice-President, Mr Stanley Nkwocha, in the statement quoted Shettima as […]
From Opeyemi Muhammed President Bola Tinubu, on Tuesday in Abuja, inaugurated the National Steering Committee of the National Single Window (NSW) project. Inaugurating the committee in Abuja, Tinubu said the introduction of the NSW project would facilitate national and regional integration. TheNewsZenith gathered that the NSW is a trade facilitation concept. It allows an international […]
By Abdulfatah Babatunde Wema Bank PLC has announced its full Year 2023 Audited financial statement, recording a profit before tax growth of 196 per cent from ₦14.75 billion to N43.59 billion. The bank also proposed a dividend of 50 kobo per share; up from 30 kobo in 2022. It recorded deposit growth of 60 per […]