Shettima woos investors with Delta’s vast economic potential
…Advocates healthy rivalry among states …Says comparative advantage holds key to prosperity By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha ASABA—Vice President Kashim Shettima, Monday, urged local and foreign investors to take advantage of Delta State’s enormous economic potential, declaring that healthy competition among states, driven by their comparative advantages, remains the surest […]
Nigeria earns N398bn from LNG, cooking gas exports
Nigeria earned N397 billion from the export of Liquefied Natural Gas, LNG and Liquefied Petroleum Gas, LPG, also known as cooking gas, in the third quarter of 2017, data obtained from the National Bureau of Statistics, NBS, has revealed.
LCCI projects 3% GDP growth in 2018
The Lagos Chamber of Commerce and Industry, LCCI, has projected the country’s GDP growth to rise by three percent in 2018, given the prevailing economic fundamentals and government’s commitment to sustain economic reforms.
Global coal demand to hit 5.534bn tonnes by 2022- IEA
The International Energy Agency, IEA, has said that global coal demand will be subdued over the next five years, growing at just 0.5 percent a year, marginally higher than current levels, due to lower consumption in China.
NAICOM insists insurers pay outstanding fines
National Insurance Commission, NAICOM, has refused to grant waivers to insurers on payment of outstanding fines. President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Shola Tinubu, who disclosed this, said that despite NAICOM’s refusal to grant the requested waivers, the Council will continue to maintain harmonious relationship with the regulator.
N/Assembly, stakeholders extend local content to construction, power sectors
MEMBERS of the House of Representatives are collaborating with stakeholders in Power, Construction and Information Communication Technology sectors toward extending the Nigerian Content Act to the three sectors of the economy. The collaboration was firmed up at the recent workshop organized by the Nigerian Content Development and Monitoring Board (NCDMB) for members of the House of Representatives Committee on Local Content, in Port Harcourt, Rivers State.
