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Tag : Industry

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POS, Mobile transactions volume hits four-year high in Nigeria

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File Photo Despite the negative impact of coronavirus (COVID-19) pandemic witnessed by business owners, along with households across Nigeria, fresh indications have emerged that financial...
Business

Aviation unions vow to resist planned concession of airports

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Against the backdrop of possible job losses owing to the planned concession of four most prominent airports in the country, aviation unions in the land...
Business

NPPC chief lists parametres to sustainable growth in Nigeria petroleum industry

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For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mallam...
Business

Nigerian government to convert flared gas to affordable electricity – minister

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Minister of State for Petroleum Resources, Chief Timipre Sylva, yesterday, disclosed that the Federal Government is currently working with critical stakeholders in the oil and...
Business

Master Bakers in Bauchi mull 20% increase in bread price

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The Bauchi State chapter of Association of Master Bakers says the rising cost of production of bread might force it to increase the price of...
Business

Mele Kyari: NNPC now EITI supporting company

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI)...
Business

Official: DPR to create opportunities to enable business in oil, gas industry

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The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and...
Business

Aviation stakeholders want ground handling coys to consider price adjustments

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Stakeholders in the aviation industry have urged the ground handling services to consider price adjustment instead of price increase, in order to survive the effects...
Business

Nigerian government will use part of N2.3 trillion ESP stimulus as buyer of last resort

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The Federal Government will use part of the N2.3 trillion stimulus package to purchase locally produced items as buyer of last resort in line with...
Business

Nigeria engages Chinese firm to build shipyard in Bayelsa

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The Federal Government has engaged China Harbour Engineering Company for the construction of a shipyard in Brass Island, Bayelsa State. In a statement in Abuja,...