Newscenter Media News The Nigerian National Petroleum Company Limited (NNPCL) has filed a preliminary objection against a lawsuit initiated by Dangote Petroleum Refinery and Petrochemicals FZE, which seeks exclusive rights to import petroleum …
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OPS worries as 61 companies exit Nigeria in four years
Nigeria has seen a surge in company closures and relocations, driven by economic difficulties, currency fluctuations, and escalating operational expenses in recent years, JOSEPHINE OGUNDEJI, writes Nigeria’s business environment …
Read More »AI’s economic potential requires reliable, actionable data — IMF
The International Monetary Fund has said that reliable and actionable data are crucial for harnessing the economic potential of Artificial Intelligence. The Managing Director of the IMF, Kristalina Georgieva, …
Read More »Shippers Council commits to ports modernisation
The Executive Secretary and Chief Executive Officer of the Nigerian Shippers Council, Mr Pius Akutah, has disclosed that modernising the ports and terminals with eco-friendly technology and infrastructure is …
Read More »Band A customers protest two-hour power supply
Residents of Akoka in Lagos State say they only get two hours of electricity despite being migrated to Band A. The residents took to the streets on Tuesday to …
Read More »FG unveils credit scheme to buy local products
The Nigerian Consumer Credit Corporation has kicked off its project tagged Securing Consumer Access for Local Enterprises, an initiative to accelerate the growth of Nigeria’s local industries by providing …
Read More »Customs intercept live turtles, others
The Nigeria Customs Service, Murtala Muhammed Airport command, says it intercepted 250 live turtles, military accouterments and other contrabands worth N3.32bn The Customs Area Controller in charge of the …
Read More »New ferries now operational with cards – LASG
The Lagos State Government, through the Lagos State Waterways Authority, has stated that the recently launched Omi Bus Ferries are now fully operational with Cowry Cards. In a statement, …
Read More »Tackle oil theft, illegal refineries, Shell tells FG
The Country Chair of Shell Companies in Nigeria and Managing Director of Shell Petroleum Development Company of Nigeria Limited, Osagie Okunbor, has charged the Federal Government to tackle crude …
Read More »Discos list conditions for N500bn NASS recapitalisation plan
Electricity distribution companies have listed the conditions for accepting the National Assembly’s N500bn recapitalisation plan for each of the 11 Discos nationwide. This is as the distribution companies also …
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