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Business

Home Business Page 89
First Asset Management launches N100bn infrastructure fund
Posted inBusiness

First Asset Management launches N100bn infrastructure fund

First Asset Management, part of First HoldCo Plc, has introduced a N100 billion Infrastructure Fund aimed at addressing Nigeria’s infrastructure financing gap and promoting sustainable development in crucial sectors. The…
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Posted by Taiwo Ayomide May 22, 2025
Jigawa residents decry high electricity bills amidst poor supply
Posted inBusiness

Jigawa residents decry high electricity bills amidst poor supply

Residents of Jigawa State have expressed their opposition to what they describe as exorbitant electricity bills recently issued by the Kano Electricity Distribution Company (KEDCO). They argue that, given the…
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Posted by Taiwo Ayomide May 22, 2025
NMDPRA will restrict petrol trucks to a capacity of 45,000 litres by September
Posted inBusiness

NMDPRA will restrict petrol trucks to a capacity of 45,000 litres by September

The federal government has declared that the intended prohibition on fuel trucks with a capacity of 60,000 will now begin in September. It would be recalled that the Nigerian Midstream…
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Posted by Taiwo Ayomide May 22, 2025
Global company to market Dangote’s Polypropylene beyond Africa
Posted inBusiness

Global company to market Dangote’s Polypropylene beyond Africa

Dangote Petroleum Refinery and Petrochemicals FZE has teamed up with Premier Product Marketing LLC, a Vinmar company, to introduce Dangote Polypropylene™ to markets worldwide beyond Nigeria and Africa. The launch…
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Posted by Taiwo Ayomide May 22, 2025
Keyamo and stakeholders to unveil ‘100 Years of Aviation In Nigeria’ book
Posted inBusiness

Keyamo and stakeholders to unveil ‘100 Years of Aviation In Nigeria’ book

The Honourable Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has confirmed his presence at the launch of the book ‘100 Years of Civil Aviation In Nigeria: History, Issues…
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Posted by Taiwo Ayomide May 22, 2025
Edun: We need to be careful in how we approach the winding down of AMCON.
Posted inBusiness

Edun: We need to be careful in how we approach the winding down of AMCON.

The New Board of Directors of the Asset Management Corporation of Nigeria (AMCON) has been tasked by Mr. Olawale Edun, the Finance Minister and Coordinating Minister of the Economy, with…
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Posted by Taiwo Ayomide May 22, 2025
Abandoned Baro Port raises concerns among reps
Posted inBusiness

Abandoned Baro Port raises concerns among reps

On Wednesday, the House of Representatives decided to establish an ad-hoc committee tasked with leading the efforts to rehabilitate and operationalize the Baro Inland Port in Niger State. The resolution…
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Posted by Taiwo Ayomide May 22, 2025
NRC restores flood-ravaged rail track in Osogbo ahead of Sallah
Posted inBusiness

NRC restores flood-ravaged rail track in Osogbo ahead of Sallah

A team of engineers has been sent by the Nigerian Railway Corporation (NRC) to the area affected by flooding on the Lagos-Kano narrow gauge in Oshogbo, Osun State. Due to…
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Posted by Taiwo Ayomide May 21, 2025
Nasarawa gets N9.75bn refund for airport project
Posted inBusiness

Nasarawa gets N9.75bn refund for airport project

The Nasarawa State Government has finally received a refund of N9.75 billion from the federal government for its takeover of the former Lafia Cargo Airport. During a special meeting with…
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Posted by Taiwo Ayomide May 21, 2025
NASS employees aim to go back to CPS while the Reps are working on Pension Act amendments
Posted inBusiness

NASS employees aim to go back to CPS while the Reps are working on Pension Act amendments

Workers of the National Assembly Service (NASS) are currently seeking a return to the Contributory Pension Scheme (CPS) barely two years after a bill, which was concluded at the twilight…
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Posted by Taiwo Ayomide May 21, 2025

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