Nigeria earned $741.48 billion from oil and gas between 1999 and 2000, the Nigeria Extractive Industries Transparency Initiative (NEITI) declared on Tuesday in Abuja. Its executive secretary, Orji Ogbonnaya Orji, made the declaration at a stakeholders’ engagement forum on the implementation of the Petroleum Industry Act (PIA). He said NEITI had conducted and published 25…
esident Muhammadu Buhari on Wednesday unveiled the newly redesigned N1000, N500 and N200 notes, the first time in almost 20 years that Nigeria will redesign its currency. The unveiling preceded the Federal Executive Council meeting at the State House in Abuja. Speaking at the unveiling, Mr Buhri said the new naira notes would help the…
By Ayomide Otitoju …8,000 Farmers Benefited From Project In Five Years, Says Commissioner…Presents Compensation Cheques To Beneficiaries Over Farm Produce LossFollowing the positive impact of the Agro-processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project on farmers’ productivity in the State, Lagos State Government has appealed to the World Bank for an extension of the…
The Nigerian Airspace Management Agency (NAMA) has concluded arrangements to train Airspace Managers across all airports in Nigeria on Global Air Navigation Plan. This, according to the agency is targeted at equipping them with global trends in strategic air traffic management and also building their capacity for seamless airspace operations in their various domains. Making…
The naira on Friday appreciated against the dollar at the Investors and Exporters window, exchanging at 445.67.The figure represents an increase of 0.02 per cent compared with N445.75 to the dollar on Thursday. The open indicative rate closed at N444.42 to the dollar on Friday. An exchange rate of N447.50 to the dollar was the…
The bears dominated the domestic equity market as market capitalisation lost N20 billion or 0.08 per cent, to close at N23.971 trillion compared with N23.991 trillion recorded on Wednesday.Also, the All-Share Index (ASI) lost 35.72 basis points or 0.08 per cent to settled at 44,011.22 from 44,046.94 on Wednesday. The market’s weak performance was primarily…
• Congratulate airline on 14th anniversary Dana Air has since its resumption on the 9th of November, 2022 continued to ganner commendations for its resilience and consistency in Nigeria’s aviation industry in the last 14 years of its commercial operations The National Association of Aircraft Pilots and Engineers ( NAAPE) in a letter signed by…
Lafarge Africa Plc., a leading Sub-Saharan Africa building Solutions Company and member of Holcim, a global leader in innovative and sustainable building solutions, hosted the graduation ceremony of the 3rd set of students from its Cement Professional Technician Program (CPTP). This reiterates the company’s commitment to youth empowerment, bridging the skills gap in the cement industry and industrial sectors,…
Nigerian carrier Dana Air has announced that it is partnering the Nigerian Economic Summit Group and The Ministry of Finance, Budget and National Planning (MFBNP) on the 28th Nigerian Economic Summit (NES#28), scheduled to hold on 14th and 15th November 2022, at Transcorp Hilton Hotel, Abuja. Speaking of the airline’s partnership with Nigerian Economic Summit,…
