Bagudu: Economic Summit to Inspire Confidence, Realisation of Country’s Potential, Others
thisdaylive.com
by James Emejo
6M ago
·      Poverty on increase in Nigeria despite worldwide decline, says NESG James Emejo in Abuja The Minister of Budget and Economic Planning, Senator Abubabar Bagudu, yesterday, said the administration of President Bola Tinubu would work with the private sector to boost confidence in the economy in order to drive job creation, economic growth and the realisation of the country’s potential. Bagudu spoke at a media briefing on the forthcoming 29th Nigerian Economic Summit (NES#29) with the theme: “Pathways to Sustainable Economic Transformation and Inclusion ..read more
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Oil Marketers to FG: Our Businesses Collapsing Due to Foreign Exchange Depreciation, Bad Roads
thisdaylive.com
by Emmanuel Addeh
6M ago
*Want products’ imports pegged at N600/$ for three months  *Say deteriorating infrastructure will negatively impact N100bn CNG project Emmanuel Addeh in Abuja Oil marketers under the aegis of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) yesterday, alerted the federal government to the harsh working environment its members currently operate. In a press briefing in Abuja, by the National President of the organisation, Mr. Benneth Korie, NOGASA stated that the high dollar exchange rate against the naira rate was killing its businesses, requesting that foreign exchange ..read more
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House to Probe N226.3bn Judgement Debts Incurred by Government’s MDAs
thisdaylive.com
by Adedayo Akinwale
6M ago
*Urges SON to check proliferation of sub-standard steel products *Advises FCCPC to live up its core mandate  Adedayo Akinwale and Juliet Akoje in Abuja The House of Representatives has resolved to investigate the sum of N226,281,801,881.64 judgement debt incurred by Ministries, Departments and Agencies (MDAs) of the government. The resolution House followed the adoption of a motion on the urgent need to ensure the prompt payment of top priority judgement debt incurred by MDAs through Promissory Notes, moved at the plenary yesterday, by Hon. Lanre Okunlola. Moving the motion, the lawmaker ..read more
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Shettima Seeks Bankers’ Support for Govt’s Digital Jobs Initiative
thisdaylive.com
by Ayo Yusuf
6M ago
*Describes Tinubu as Nigeria’s most business-friendly leader  *Tells north east leaders president means well for country  *CIBN pledges help towards revival of nation’s economy  Deji Elumoye in Abuja Vice President Kashim Shettima has sought the partnership and support of the banking community for the planned one million digital jobs initiative by the Tinubu administration for young Nigerians. Shettima, who made the demand yesterday when he played host to a delegation from the Chartered Institute of Bankers of Nigeria (CIBN) at the State House, Abuja, described President Bola T ..read more
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Century Energy Completes Spread Mooring Installation of FSO Eli Akaso Terminal
thisdaylive.com
by Ayo Yusuf
6M ago
Mary Nnah Century Energy Services Limited (CESL) has completed the mooring installation of the double hull, 2,000,000 barrels (bbl) storage capacity FSO ELIAkaso Termina located Offshore Bonny to bridge hydrocarbon evacuation, storage and offtake challenges for injectors within the area.  FSO Eli Akaso Terminal is owned by Energy Link Infrastructure Limited (EnergyLink) and operated/managed by CESL. This collaboration aligns with CESL’s vision of standard hydrocarbon commercialisation through infrastructure. The Terminal is anticipated to complement EnergyLink’s ability to unlock unp ..read more
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United to Receive Deliveries of 110 New Aircraft in 2028
thisdaylive.com
by editor
6M ago
United Airlines has announced orders for 110 more aircraft for delivery beginning in 2028, building on the early success of United Next and adding additional flexibility for its long-term fleet. United ordered 50 Boeing 787-9s for delivery between 2028 and 2031, as well as 60 Airbus A321neos for delivery between 2028 and 2030. The company also secured new options for up to 50 more Boeing 787s and purchase rights for an additional 40 A321neo aircraft at the end of the decade. “We’re building a bright future at United and this order takes our already successful United Next plan into the next dec ..read more
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Century Completes FSO Mooring to Unlock San Leon Exports
thisdaylive.com
by Emmanuel Addeh
6M ago
* To provide evacuation, storage, offtake for producers Emmanuel Addeh in Abuja Century Energy Services Ltd (CESL) has completed the mooring of a Floating Storage and Offloading Unit (FSO) offshore Bonny, capable of storing 2 million barrels. An FSO is an offshore unit equipped for crude storage and offloading to a shuttle tanker while mooring is any permanent structure to which a seaborne vessel may be secured. Energy Link Infrastructure owns the ELI Akaso and CESL operates and manages the facility. CESL said it would provide “evacuation, storage and offtake” for producers in the area ..read more
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OPS Commends FG on Removal of VAT on Diesel
thisdaylive.com
by Dike Onwuamaeze
6M ago
*Tasks govt on improved business environment Dike Onwuamaeze Operators in the organised private sector have commended the federal government for removing 7.5 per cent Value Added Tax (VAT) on the price of diesel, and told the federal government to evolve a holistic plan that would address operational difficulties hindering the competitiveness of the OPS.     These views were shared by the Director General of Nigeria Employers’ Consultative Association (NECA), Mr. Adewale-Smatt Oyerinde and the Director General of Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona. Oy ..read more
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Quantum Travels Marks 20th Anniversary, Re-launches Ajala.ng
thisdaylive.com
by Chinedu Eze
6M ago
Chinedu Eze One of the major travel agencies in Nigeria, Quantum Travels has reintroduced its iconic travel platform, Ajala.ng as it marks 20 years of operations. Quantum Travels enjoys envious niche of managing business travel and it is Nigeria’s representative of BCD Travel, the third largest travel management company in the world reputed for corporate travel management and represented in over 97 countries. This gives Quantum Travels a global presence and reach to care for its clients. The company said it has over a decade of knowledge of providing unique services tailored to its clients’ tr ..read more
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Dr Emmanuel Okoroafor: Promoting,  Export Trade From Africa
thisdaylive.com
by Mary Nnah
6M ago
Chief Executive Officer of  Mepon  Limited, Dr Emmanuel Okoroafor, recently deviated from his known speciality of Human Capital Management when he founded Mepon Limited, a company that provides online platforms for global equipment and facility monetisation. In this interview, MARY NNAH, shades light on how he is contributing towards the development of  Nigeria and Africa at large and how Mepon can help businesses on the continent optimise the big opportunities inherent in the initiative Tell us how growing up influenced wha ..read more
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