December 09, 2023
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3 New Articles
  • 48 mins ago Talent drive connecting top-tier expertise with recruiters holds in Lagos January
  • 1 hour ago Boniface bags 4th Bundesliga Rookie award
  • 1 hour ago Tinubu celebrates Senate President at 61
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Economy

Shell proposes $5b investment in Bonga North, as Tinubu pledges pledges to remove bottlenecks

By Breezynews
1 day ago
in :  Economy
0
0

President Bola Tinubu, on Thursday, in Abuja expressed optimism about the prospects of increased investments from Shell Petroleum Development Company of Nigeria (SPDC), emphasising Nigeria’s long-term relationship with the company, which discovered the first commercial oil field at Oloibiri in the Niger Delta in 1956. This is as SPDC’s Global Integrated Gas and Upstream Director, Ms. Zoe Yujnovich announced an …

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Senate committees pledge budget support for solid minerals

By Breezynews
3 days ago
in :  Economy
0
1

The Senate committees on Appropriations and Solid Minerals on Wednesday affirmed the imperative of increasing budgetary allocations to the solid minerals development ministry to enable the mining sector lead the way in diversifying the nation’s economy. Addressing the Senate committee on Solid minerals during a budget defence session, the Minister of Solid Minerals Development, Dr. Dele Alake reeled out his …

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FRC fines NIMASA N.5b, suspends DG, Director over violation of financial reporting standards

By Alex Akao
4 days ago
in :  Economy, Maritime
0
2

The Nigerian Maritime Administration and Safety Agency (NIMASA) has been sanctioned by the Financial Reporting Council of Nigeria (FRC) for violating government’s rules in financial reporting. The council has not only asked the maritime regulatory agency to pay an infringement fine of N500 million, it’s Director General, Dr Bashir Jamoh has been suspended from certifying any financial records in Nigeria. …

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COP28: Tinubu unveils bold vision for greener Nigeria, rolls out 100 electric buses

By Breezynews
7 days ago
in :  Economy
0
1

President Bola Tinubu said Nigeria is taking a significant step towards a sustainable and eco-friendly future by introducing a pioneering initiative to deploy a fleet of 100 electric buses. At a high-level meeting with stakeholders and investors on the Nigeria Carbon Market and Electric Buses Rollout Programme on Saturday in Dubai, United Arab Emirates, on the margins of the COP28 …

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Output falls for 2nd month as inflationary pressures remain elevated – Stanbic IBTC PMI

By Breezynews
1 week ago
in :  Economy
0
1

Companies in Nigeria continued to be negatively impacted by strong inflationary pressures in November, with new orders and output both falling as customers were either reluctant or unable to pay higher charges. Purchase prices rose at the fastest pace in almost two years amid exchange rate weakness and higher costs for fuel and materials. The headline figure derived from the …

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Insecurity, power outages hamper Customs’ night operations – Comptroller

By Alex Akao
1 week ago
in :  Economy
0
4

Efforts by the Controller General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi to reduce congestion, and ease the cost of doing business at the ports may suffer set back with the poor power outages and worrisome security challenges at the terminals. Recently, Adeniyi announced that the Tin Can Island Port would serve a test run for his reintroduction …

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FG, US discuss funding mining projects in Nigeria

By Breezynews
1 week ago
in :  Economy
0
2

On the sidelines of the Mines and Money conference holding in London, United Kingdom, Nigeria’s Minister of Solid Minerals Development, Dr. Oladele Alake, and United States Assistant Secretary for Energy and Natural Resources Geoffrey Pratt agreed to set up a team of officials of both countries to explore financing for credit to mining firms and infrastructures. Pratt said his visit …

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PDP to N’Assembly: Reject Tinubu’s 2024 budget

By Breezynews
1 week ago
in :  Economy, Politics
0
1

The Peoples Democratic Party (PDP) has described the N27.5 trillion budget for the 2024 fiscal year as proposed by President Bola Tinubu to the National Assembly as deceitful, strangulating, and hopeless. In a statement by its National Publicity Secretary, Barrister Debo Ologunagba, on Wednesday, PDP said that, if the budget is allowed to pass, it would further plunge the nation …

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Tinubu presents N27.5t 2024 budget, security, job creation top priorities 

By Breezynews
1 week ago
in :  Economy
1
2

President Bola Tinubu has said that Nigeria’s national defence and internal security, local job creation, macro-economic stability, investment environment optimisation, human capital development, poverty reduction, and social security are some of the top priorities of the 2024 Budget of Renewed Hope. The President told a joint session of the National Assembly on the 2024 Federal budget proposal on Wednesday in …

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ICAN begins fieldwork on 2022 Accountability Index

By Breezynews
2 weeks ago
in :  Economy
0
0

  The Institute of Chartered Accountants of Nigeria (ICAN) has commenced the fieldwork to prepare its 2022 version of the influential ICAN Accountability Index (AI) covering the 2022 and 2023 financial years. The most recent ICAN-AI appeared in 2021. In a statement on Thursday, the Training Coordinator of FrontFoot Media Imitative, Mr. Chido Nwakanma quoted ICAN as saying: “After a three-day …

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Timeline

  • 48 mins ago

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