Category: Economy

ICAN Mourns Ex-President, Ijewere
December 30, 2023 No Responses

ICAN Mourns Ex-President, Ijewere

The Institute of Chartered Accountants of Nigeria (ICAN) has announced the passing away of its former president, Mr. Emmanuel Itoya Ijewere. Ijewere, who was the 32nd President of ICAN, passed on Friday morning at 78 years. The 59th President of...
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NGX Group Appoints Popoola GMD/CEO, Oscar Onyema Retires
December 29, 2023 No Responses

NGX Group Appoints Popoola GMD/CEO, Oscar Onyema Retires

Further to the receipt of the Securities and Exchange Commission (SEC)’s No-Objection to the announcement of the appointment, Nigerian Exchange Group Plc (NGX Group) has announced the appointment of Mr. Temi Popoola as GMD/CEO designate effective 1 January 2...
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Experts Laud Lagos Govt On Economy, Budget
December 26, 2023 No Responses

Experts Laud Lagos Govt On Economy, Budget

Lagos State government has been commended for its efforts on the economy and the 78 percent performance of the year 2023 Budget as of September. Business experts and economists gave the commendation at a Round Table organised by the Economic...
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Tinubu Reiterates Commitment To Ease Burden On Most Vulnerable Nigerians
December 25, 2023 No Responses

Tinubu Reiterates Commitment To Ease Burden On Most Vulnerable Nigerians

President Bola Tinubu has felicitated with Nigerians on the 2023 Christmas celebration, saying the season is a special time for all citizens. In a statement he personally signed on Sunday, the President enjoined Nigerians to remember the armed forces who...
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CBN Unveils Guidelines For Regulating Virtual Assets In Nigeria 
December 23, 2023 No Responses

CBN Unveils Guidelines For Regulating Virtual Assets In Nigeria 

The Central Bank of Nigeria (CBN) has unveiled guidelines for virtual assets as part of measures to allow virtual assets service providers (VASPs) which include cryptocurrencies and crypto assets organizations to open accounts with Nigerian banks.  The de...
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Luxury Bus Transport Owners Commence Full Implementation Of 50% Fare Discount
December 22, 2023 No Responses

Luxury Bus Transport Owners Commence Full Implementation Of 50% Fare Discount

The Association of Luxury Bus Owners of Nigeria (ALBON), the owners and operators of long distance mass transit inter-state bus service nationwide, has assured the travelling public that its members have commenced full implementation of the 50 percent fare red...
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NIMASA, NSML Partner To Train 150 NSDP Cadets
December 22, 2023 No Responses

NIMASA, NSML Partner To Train 150 NSDP Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a training agreement with the Nigerian Liquified Natural Gas, NLNG Ship Management Limited, NSML, to facilitate Certificate of Competency (CoC) examinations for beneficiaries of the Nig...
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 ABC Transport Complies With FG Fare Slash, Reduces Ticket Prices By  50%
December 22, 2023 No Responses

 ABC Transport Complies With FG Fare Slash, Reduces Ticket Prices By  50%

Following Federal Government’s initiative of reducing transport fares on dedicated routes across the country, ABC Transport Plc, Nigeria’s foremost road transport company, on Thursday commenced the implementation of the offerPassengers traveling on...
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Air Peace Resumes China Operations Dec 28
December 22, 2023 No Responses

Air Peace Resumes China Operations Dec 28

Air Peace is set to resume its direct flight connectivity to Guangzhou-China on December 28, 2023. This is contained in a news release issued by the airline’s Spokesperson, Stanley Olisa, who also stated that passengers can now fly Accra-China-Accra whic...
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Luxury Bus Owners Laud FG On 50 % Fare Slash, Mobilises Members For Implementation
December 21, 2023 No Responses

Luxury Bus Owners Laud FG On 50 % Fare Slash, Mobilises Members For Implementation

The Association of Luxury Bus Owners of Nigeria (ALBON) has described as a welcome development the Federal Government’s decision to slash public transportation fares by 50 percent across the country from Thursday, December 21, 2023, to Thursday, January ...
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Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation
December 20, 2023 No Responses

Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation

The minister of Marine and Blue Economy, Adegboyega Oyetola, has said that access roads leading to the ports in Nigeria play a pivotal role in the efficiency of the ports. To this end, he has appealed to the minister of...
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Oyetola Raises Committee To Review E- Call Up
December 20, 2023 No Responses

Oyetola Raises Committee To Review E- Call Up

As part of efforts to reduce the Apapa gridlock and strengthen the E-call up system, Marine and Blue Economy minister, Adegboyega Oyetola has set up a committee to review the E-call up system and come up with measures to ensure...
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Lagos To Deploy 1,000 CNG Buses In 2024
December 20, 2023 No Responses

Lagos To Deploy 1,000 CNG Buses In 2024

The Lagos State Government is to deploy about 1,000 Compressed Natural Gas (CNG)-buses before the end of 2024.  Already, the State has concluded plans to take delivery of 100 units of CNG Buses and 50 electric buses from the Federal...
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Lagos Begins Payment Of N50,000 Trader Money
December 18, 2023 No Responses

Lagos Begins Payment Of N50,000 Trader Money

As part of measures to cushion the effect of economic challenges and empower small businesses in the state, the Lagos State Government has announced the payment of N50,000 palliative to support 15,000 traders across the 57 local council development areas...
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