guardian.ng markets news headlines

MAN identifies threats to local industrial growth, suggests solutions

The Manufacturers Association of Nigeria (MAN) has listed existing conditions hampering the growth of local manufacturers, heaping most The post MAN identifies threats to local industrial growth, suggests solutions
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27 Aug 2024

Markets stutter after rally, oil dips but Middle East worries linger

Asian markets were mixed Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fueled by bets on a US interest rate cut, while oil held gains from a surge caused by Middle East tensions. READ ALSO:Oil prices surge over Middle East tensions A [] The post Markets
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27 Aug 2024

Nigeria domestic air fares rise by 25% - report

The Nigerian Bureau of Statistics (NBS) has revealed that domestic air travellers paid 25% more for flights in July 2024 compared to the same period last year. The average fare for a single journey rose to ?98,561.74, up from ?78,775.74 in July 2023, according to the NBS in its Transport Fare Watch
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27 Aug 2024

PENGASSAN accuses IOCs of abusing quota system

The Petroleum and Gas Senior Staff Association of Nigeria (PENGASSAN) has criticised International Oil Companies (IOCs) for abusing the expatriate quota system. President of PENGASSAN, Festus Osifo, voiced these concerns during his address at the conclusion of the 2024 PENGASSAN Energy and Labour Su
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27 Aug 2024

Niger govt inaugurates taskforce on illegal mining

The Niger government has inaugurated a taskforce on illegal mining activities in the state. Mr Yakubu Garba, Acting Governor of the state, inaugurated the taskforce in Minna on Monday and also announced the conditional lifting of ban on illegal mining in the state. He said that the terms and referen
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27 Aug 2024

PIA: Rivers communities welcome Lekoil, Green Energy JVs HCDT project

Some communities in Andoni Local Government Area (LGA) of Rivers State have expressed delight over the implementation of the Host Communities Development Trust Fund (HCDT) by the indigenous oil company, Lekoil and Gas Limited, and its JV partners, Green Energy International Limited. In line with the
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23 Aug 2024

Aviation scorecard: For Keyamo, its slow start amid need for urgency, speed

Minister of Aviation and Aerospace Development, Festus Keyamo, has hit the ground running with hands-on interventions in the troubled aviation sector. The post Aviation scorecard: For Keyamo, its slow start amid need for urgency, speed
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23 Aug 2024

Minister, FAAN task private sector on airport investment, viability

Seeking collaboration and emphasising the importance of public-private partnerships, Minister of Aviation and Aerospace Development, Festus Keyamo and Managing Director of the Federal Airport Authority of Nigeria (FAAN), Olubunmi Kuku, have urged the private sector to take advantage of opportunities
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23 Aug 2024

FACCO West Africa advocates automation in poultry industry to boost food security

FACCO West Africa advocates automation in poultry industry to boost food secanaging Director and Chief Executive Officer (CEO), FACCO West Africa Ltd, Femi Adelayo, has called for the automation of the poultry industry to aid value addition, get higher yields and tackle the current food insecurity r
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23 Aug 2024