Business Archives - Page 10 of 17

Port Harcourt Refinery Resumes Operations, Set to Roll Out 200 Trucks of Petroleum Products Daily

Posted November 26, 2024 by Freedom Square TV

The Port Harcourt Refinery and Petrochemical Company has officially resumed operations, rolling out approximately 200 trucks of petroleum products daily, marking a significant milestone after years of dormancy. The refinery had been inactive since 2019 but began operations on Tuesday following extensive renovations and modernization efforts. The rehabilitation project began…

Japaul Gold Signs N26bn Sand Mining Deal for Gracefield Island Land Reclamation in Lekki

Posted November 26, 2024 by Freedom Square TV

Japaul Gold & Ventures Plc has secured a N26 billion sand mining contract with Gravitas Investment Limited, aimed at the extraction of 3.5 million cubic meters of sand for land reclamation at Gracefield Island, located at the end of Chevron Drive in Lekki, Lagos State. The announcement was made in…

NECA Highlights Employers’ Crucial Role in Nigeria’s Economy, Creating 8 out of 10 Jobs

Posted November 25, 2024 by Freedom Square TV

The Nigeria Employers’ Consultative Association (NECA) has highlighted the crucial role its members play in the country’s economy, stating that they are responsible for creating eight out of every 10 jobs in Nigeria. This statement came during the 4th annual NECA Employers’ Excellence Awards held in Lagos, where Governor Babajide…

JBS to Invest $2.5 Billion in Nigeria’s Meat Industry Over Five Years

Posted November 22, 2024 by Freedom Square TV

Brazilian meat processing giant JBS has signed a memorandum of understanding (MoU) with the Nigerian government to invest $2.5 billion in the country over the next five years. The agreement includes plans to establish six new facilities focused on poultry, beef, and pork production. This initiative is part of a…

Failed Promises and Lost Dreams: Challenges Plague Igbo Apprenticeship System

Posted November 14, 2024 by Freedom Square TV

Jude Eze, a former apprentice from Orhom Orba village in Enugu State, feels devastated by years of wasted apprenticeship in Cotonou, Benin Republic. His nine-year apprenticeship with his boss Emeka Eze was cut short when his master’s investment in motorcycle tubes and tires failed due to poor quality. Despite being…

UBA Appoints Henrietta Ngozi Ugboh as Independent Director, Announces Retirement of Owanari Duke

Posted November 13, 2024 by Freedom Square TV

United Bank for Africa Plc (UBA) has appointed Mrs. Henrietta Ngozi Ugboh as an Independent Non-Executive Director, with the approval from the Central Bank of Nigeria (CBN) on November 8, 2024. The announcement, released in a statement to the Nigerian Exchange Limited, highlights Ugboh’s extensive 30-year career in banking, which…

Boeing Extends Invitation to Keyamo for Airline Economics Conference in Dublin to Enhance Industry Connections

Posted October 29, 2024 by Freedom Square TV

In an effort to strengthen Nigeria's aviation sector, Boeing has invited Festus Keyamo, the Minister of Aviation and Aerospace Development, to attend the upcoming Airline Economics Conference in Dublin, Ireland. Scheduled for January 12 to 15, 2025, this event will serve as a significant international platform for Minister Keyamo to…

CBN Governor Olayemi Cardoso Outlines Strategic Vision for Economic Resilience and Inflation Control

Posted October 18, 2024 by Freedom Square TV

In the midst of pressing economic challenges, Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has reaffirmed his commitment to creating a resilient central bank capable of effectively addressing the nation's economic issues. Speaking at the recent 30th edition of the Nigeria Economic Summit (#NES30), Cardoso…

CBN Reassures Public About Financial System Stability and Fund Security

Posted October 9, 2024 by Freedom Square TV

CBN Reassures Public About Financial System Stability and Fund Security CBN Reassures Public About Financial System Stability and Fund Security: The Central Bank of Nigeria (CBN) reaffirmed its dedication to maintaining the stability of the financial system and ensuring the safety of depositors' funds in a recent statement. This reassurance…

Grangemouth Oil Refinery to Shut Down in 2025

Dangote Refinery Set to Disrupt Europe’s Oil Industry with Massive Diesel and Jet Fuel Exports

Posted August 9, 2024 by Freedom Square TV

Dangote Refinery Set to Disrupt Europe's Oil Industry Dangote Refinery Set to Disrupt Europe's Oil Industry :Dangote Refinery and Petrochemicals, located in Nigeria, is set to disrupt the European oil and gas industry with its massive supplies of diesel and jet fuel. According to the Organisation of Petroleum Exporting Countries…

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