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Monthly Archives: August 2024

midea

Midea Partners CGCL To Drive Innovative Solution In Nigeria

August 29, 2024
by AMAC Admin General Article

Midea, a global leader in home appliances, has partnered with Care Global Consumer Limited (CGCL), to drive innovative solution in Nigeria. This is even as Midea has relaunched in Nigeria with a highly successful Dealers’ Conference themed “Po ...

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NDPHC

New NDPHC Adighije Resumes, Promises To Optimise NIPP Assets

August 27, 2024
by AMAC Admin General Article

The new managing director and chief executive officer of the Niger Delta Power Holding Company (NDPHC) Jennifer Adighije, yesterday, took over the reins, promising to fully deliver on the firm’s mandate of executing and managing the  National In ...

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NNPC

NNPC Expands LNG Supply To Japan, China

August 27, 2024
by AMAC Admin General Article

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has initiated shipments of Liquefied Natural Gas (LNG) to Japan and China on a Delivered Ex-Ship (DES) basis. This move aligns with NNPC’s strategic vision to become a preferred globa ...

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Rural Electrification Agency

REA Spends N28.7bn On Capital Projects In 2023

August 27, 2024
by AMAC Admin General Article

Connects 1.4m unserved, underserved The Rural Electrification Agency, (REA), has disclosed that it spent a total of N28.7 billion for the implementation of capital projects in 2023. The agency also said that over 1.4 million people benefited fr ...

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Service Sector Boosts Economy

Service Sector Boosts Economy To 3.19% Growth In Q2

August 27, 2024
by AMAC Admin General Article

Nigeria’s economy experienced a boost, with the Gross Domestic Product (GDP) growing by 3.19 per cent year-on-year in the second quarter of 2024. This growth, reported by the National Bureau of Statistics (NBS), was primarily driven by the service ...

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Naira

Naira Depreciation Sparks Surge In Fuel Smuggling To Benin, Niger

August 26, 2024
by AMAC Admin General Article

The depreciation of naira by the current administration of President Bola Tinubu to N1,560/$1 has incentivised cross-border smuggling of Premium Motor Spirit (PMS) to Nigeria’s neighbouring countries LEADERSHIP investigations reveal that petro ...

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‘Nigeria’s Manufacturing Sector Challenged By Infrastructure Deficit Despite Potentials’

August 26, 2024
by AMAC Admin General Article

Stakeholders at a pre-summit event ahead of the 30th Nigerian Economic Summit have said despite its potential to help the nation achieve development goals, the manufacturing sector is confronted by infrastructure deficit and lack of access to fin ...

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Gbajabiamila

Gbajabiamila Lauds NASENI’s Technological Advancements, Product Innovations

August 23, 2024
by AMAC Admin General Article

The Chief of Staff to President Bola Ahmed Tinubu, Rt. Hon. Femi Gbajabiamila, has commended the National Agency for Science and Engineering Infrastructure (NASENI) for its technological advancements, product innovations and interventions in vari ...

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Oando

Oando Completes $783m Acquisition Of Agip Oil Company

August 23, 2024
by AMAC Admin General Article

Oando Plc said it has completed the acquisition of 100 per cent shareholding interest in the Nigerian Agip Oil Company (NAOC) from Eni, for a total consideration of $783 million including consideration for the asset and reimbursement. Oando st ...

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Centre Trains 50 Youths On Soybean Tofu, Gives Start-up Kits In Kwara

August 23, 2024
by AMAC Admin General Article

The Centre for African Leaders in Agriculture (CALA), through its Team Resilience Nigeria, has trained 50 youths in Ilorin, Kwara State on soybean tofu processing. At the end of the two-day training programme, the Centre equipped the beneficia ...

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Recent Posts

  • VACANCY
  • Midea Partners CGCL To Drive Innovative Solution In Nigeria
  • New NDPHC Adighije Resumes, Promises To Optimise NIPP Assets
  • NNPC Expands LNG Supply To Japan, China
  • REA Spends N28.7bn On Capital Projects In 2023

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