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Maersk to Invest $600m for Expanding Port Infrastructure

Maersk to Invest $600m for Expanding Port Infrastructure A.P Moller-Maersk, Danish shipping and logistics company, says it will invest $600m to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports. This followed closed-door talks between President Bola Tinubu and the company’s Chairman,...

Currency Management Necessary in Expunging Corruption, Artificial Element in Naira Value

Currency Management Necessary in Expunging Corruption, Artificial Element in Naira Value President Bola Tinubu says currency management in the country is necessary to remove the artificial element of the value of the naira. Tinubu spoke on Sunday during the opening plenary of the World Economic Forum...

Fuel Subsidy Withdrawal Saved us from Bankruptcy – Tinubu

Fuel Subsidy Withdrawal Saved us from Bankruptcy – Tinubu President Bola Tinubu says the removal of the petrol subsidy was necessary to prevent Nigeria from going bankrupt. The president had announced the removal of the subsidy on May 29, 2023 — a development that immediately led...

Energy and Transition Realities, by Haitham Al Ghais

Energy and Transition Realities, by Haitham Al Ghais   The energy transition as a concept is itself in need of a transition. We must move beyond the blinkered view that this is about substituting energy sources, that hydrocarbons should be consigned to the past and that recent...

TETFund Under Sonny Echono Faces Scrutiny over Alleged Monumental Scandals

Tertiary Education Trust Fund TETFund Under Sonny Echono Faces Scrutiny over Alleged Monumental Scandals

Tinubu Appoints CEOs for NESREA, NDRBDA

Tinubu Appoints CEOs for NESREA, NDRBDA President Bola Tinubu has approved the appointment of Dr. Innocent Bariate Barikor as the Director-General of the National Environmental Standards and Regulation Enforcement Agency (NESREA). The President has also approved the appointment of Prince Ebitimi Amgbare as the Managing Director/CEO...