Flour Mills of Nigeria Plc has grown revenue by 67 per cent to N763.2bn in the first quarter ended June 30, 2024, from the N456.4bn recorded in the same …
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FG to spend $7.2bn on two deep seaport projects
The Federal Government might be spending about $7.2bn to complete two approved deep seaports across the country. The projects are Ibom, Badagry, and Deep Seaports. In December 2020, the …
Read More »Shipping firm promotes movement of agro-products by rail
Determined to boost cargo movement by rail, COSCO Shipping Company has moved agricultural produce from Kano to the Lagos Port Complex Apapa by rail for export. In a statement …
Read More »Coastguards urge Nigerians to acquire rescue skills
The Nigerian Marine Coastguards Volunteer Service has emphasised the importance of rescue skills as a fundamental necessity for Nigerians, especially during the rainy season. The NMCGVS stated this on …
Read More »Terminal operator pays N122m severance package to 94 retirees
As part of its severance packages for retired dockworkers, Five Star Logistics Terminal has paid over N122m to 94 recently retired dockworkers. The terminal operators disclosed this in a …
Read More »Electricity consumers seek DisCos tariff audit
Electricity consumers have urged the House of Representatives Joint Committees on Power, Commerce, Delegated Legislation and National Planning to audit the tariffs paid to power distribution companies across Nigeria. …
Read More »Monarchs urged to support Dangote refinery
Youths in Lagos State have charged traditional rulers in Yoruba land to rally around the $20bn Dangote oil refinery, being the host of the facility. The youths, who appreciated …
Read More »Seplat commits to tech innovation in energy sector
Seplat Energy Plc has shown its determination to lead innovations in Nigeria’s oil and gas sector through technology. At the just concluded Seplat Technology Summit in Lagos, the Chief …
Read More »VFD reported N3.11bn profit in H1
VFD Group Plc has recorded a profit after tax of N3.11bn for the first half of the year. In a statement made available to our correspondent on Wednesday, the …
Read More »‘Arik grounding may affect oil workers’
Nigeria’s effort to ramp up daily oil production may suffer a setback of 130,000 barrels per day following the grounding of Arik Air. Our correspondent reliably gathered that Arik …
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