PenCom releases N22bn for retirees
January 22, 2025
Dangote Cement has demonstrated how to put into appropriate use, its variants of cement to achieve the best results as part of its public enlightenment programme. The Company at the on-going Trade Fair at Enugu, gathered together stakeholders in the built industry and demonstrated the use of its Falcon cement[Read More…]
The board of Lekki Port LFTZ Enterprise Limited (LPLEL), the promoters of Lekki Deep Sea Port, has approved the promotions of Weiliang Willian Zhong and Daniel Odibe as the new Chief Technical Officer and Deputy Chief Operating Officer of the company, respectively. As the new Chief Technical Officer, Zhong will[Read More…]
PPC Limited, one of Nigeria’s leading engineering and infrastructure Development Company, has reiterated its commitment to reducing carbon emission in Nigeria’s construction industry through the implementation of energy efficient initiatives in its building projects. Head of Building Services Engineering (BSE) at PPC Limited, Mr. Anand Kumar, disclosed this while speaking[Read More…]
World bank has commended Nigeria for reducing gas flaring, saying they have done well. World bank said, Nigeria significantly contributed to global gas flare reduction in 2022. According to the report, the progress in reducing gas flaring resumed in 2022, with gas flared worldwide falling by 5 billion cubic meters[Read More…]
The Nigeria Sovereign Investment Authority (NSIA) has stated that its total assets grew to N1.02 trillion at the close of the financial year which ended December 31, 2022. The asset growth indicated a 10.5 percent increase from the N919.73 billion recorded in 2021 as shown in the investment institution in[Read More…]
International Breweries Plc, one of the world’s largest beer maker with over 500 beer brands, has recorded double-digit revenue growth for the full year ended December 31, 2022. The company’s net revenue for the year total grew by 19.9% to N218.7 billion compared to the prior year. This significant growth[Read More…]
The International Air Transport Association (IATA) has said that African carriers suffered cumulative losses of $3.5 billion for 2020-2022. In a released statement by IATA said the association estimated further losses of $213 million in 2023 alone. However, in a bid to strengthen aviation’s contribution to Africa’s economic, social development[Read More…]
Again, the Nigerian Export Promotion Council (NEPC) has reiterated it plans to expand the volume of non-oil export trade to China. NEPC also disclosed, with the help of its Market Access Department (MAD), Nigerian exporters would be equipped and enlightened on how to leverage the General Administration of Chinese Customs[Read More…]
The Standards Organisation of Nigeria (SON), has declared its plans to eradicate quacks involved in management system practice in the country. According to SON, the plan is to put an end to unscrupulous individuals who shortchange companies and individuals, noting that most of the practitioners in the system management practice[Read More…]
The new satellite data compiled by the World Bank’s Global Gas Flaring Reduction Partnership (GGFR), says, progress in reducing gas flaring resumed in 2022, with gas flared worldwide falling by 5 billion cubic meters (bcm) to 139 bcm, its lowest level since 2010. The report also stated that the reduction[Read More…]