The Federal Government has reaffirmed its commitment to driving reforms and milestones in Nigeria’s energy sector, positioning the country as a global leader in energy transformation President Bola Ahmed Tinubu made this known at the opening ceremony of the 8th edition of the Nigeria International Energy Summit (NIES 2025), held Abuja The President highlighted the...
Category: Business
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LAGOS – CALABAR COASTAL HIGHWAY, CATALYSTS FOR NIGERIA’S ECONIMIC EMANCIPATION – UMAHI*
The Lagos-Calabar Coastal Highway and other legacy projects throughout the nation have been credited by His Excellency, Engineer (Sen.) David Umahi, CON, FNSE, FNATE, Minister of Works, as catalysts for the nation’s economic liberation. He confirmed this while on an inspection tour of the highway’s ongoing Phase I, Sections I and II construction in Lagos....
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Cawthorne Channel 1 Fire Outbreak, Successfully Contained
On Wednesday, February 19, 2025, at around 14:10, a fire started on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State, and quickly spread to other barges. The fire was successfully contained as a result of our emergency teams’ and industry partners’ prompt response. Operations at the flow station were unaffected by...
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HCSF HOLDS VALEDICTORY SESSION FOR ACCOUNTANT-GENERAL OF THE FEDERATION, PERMANENT SECRETARY, MINISTRY OF TRANSPORTATION.
The Head of the Civil Service of the Federation (HCSF) met monthly with Permanent Secretaries, the Federation’s Accountant-General, and the Federation’s Auditor-General in Abuja on Wednesday, February 19, 2025. A special farewell ceremony was held during the session to honor Mr. Adeoye Adeleye Ayodeji, the former Permanent Secretary of the Ministry of Transportation, and Dr....
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Talks on Fuel Quality Just Drama, Bad Marketing Antics, Says Kyari
…Insists NNPC Ltd Didn’t Import Products This Year …Says Importation a Standard Industry Practice Worldwide The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks aboutthe existence of sub-standard fuel in the country, describing it as unfortunatedrama and bad marketing practice.Kyari, who was speaking while fielding questions at a fireside chat...
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Harnessing Wind Energy for Sustainable and Efficient Port Operations: Lessons for Nigeria
By Achadu Gabriel, kaduna Harnessing wind energy for sustainable and efficient port operations: Lessons for Nigerians, was explores recently by Captain Caleb Danladi Bako, a senior Mariners and Marintime experts. Our Correspondent re-echoed the all this important ideas. Excerpts: PORTS are critical hubs of global trade, yet they remain significant contributors to carbon emissions due...
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NIGERIA STRENGTHENS AFRICA’S ECONOMIC FUTURE AT AU SUMMIT
As African leaders converge on Addis Ababa for the 38th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government, Nigeria is playing a key role in shaping the continent’s economic agenda. The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has joined President Bola...
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NNPCL DEBUNKS CLAIMS THAT ITS FUEL DOES NOT LAST
The Nigerian National Petroleum Company (NNPC) Ltd. vehemently disputes the untrue and deceptive claims that NNPC fuel is short-lived in a widely shared viral video. This claim, which comes from amateur, unverified research that lacks credibility, accuracy, and professional oversight, is completely unfounded and without foundation. NNPC Ltd. reiterates that its fuel is expertly blended...
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AGF TASKS FPOs ON INTEGRITY, DEDICATION TO DUTY AND FINANCIAL REFORM INITIATIVES
The Accountant General of the Federation, Dr. (Mrs.) Oluwatoyin Madein has tasked Federal Pay Officers (FPOs) to entrench transparency, dedication and professionalism in the conduct of their official duties. Dr. Madein also mandated the Federal Pay Officers to ensure that Federal Ministries, Departments and Agencies (MDAs) in the States comply with the provisions of the...
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NIGERIA, AFREXIMBANK SIGN AGREEMENT TO HOST LANDMARK 2025 AFREXIMBANK’S (AAM2025) ANNUAL MEETINGS
Prince Jeffrey Adaralegbe, Boardroom News, Abuja. By formally signing an agreement to host the 2025 Afreximbank Annual Meetings (AAM2025) in Abuja, Nigeria is positioned to take the lead in African trade and economic development. Today, the signing ceremony was held at the Auditorium of the Federal Ministry of Finance Headquarters.Mr. Wale Edun, the Nigerian government’s...