Economy Archives — City Business News

December 23, 2024 No Responses

Capital Market Institute Unveils 2025 Training Calendar

The Nigerian Capital Market Institute (NCMI), the training subsidiary of the Securities and Exchange Commission (SEC), has unveiled its training calendar for 2025.The Managing Director of the Institute, Mr. Tunde Kamali who stated this in Abuja weekend, said it marks...

December 20, 2024 No Responses

Compt Onyeka Resumes At Tincan Island Port

The Tincan Island Port Area Command, on Friday, welcomed a new Customs Area Controller, Comptroller FO Onyeka.Comptroller Onyeka succeeds Comptroller DA Nnadi who was recently promoted to the management rank of Assistant Comptroller General.Comptroller Onyeka ...

December 20, 2024 No Responses

PETROAN Lauds Dangote Refinery For Slashing PMS Price

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the management of Dangote Refinery for crashing the price of its petrol to N899.50K per litre. In a statement on Thursday, PETROAN spokesman, Joseph Obele, described th...

December 19, 2024 No Responses

Tinubu: 2025 Budget Will Reduce Inflation To 15 Percent

President Bola Tinubu has declared that the 2025 budget forecasts is expected reduce inflation from current 34.6% to 15% next year. He said this during his presentation of the N49.7 trillion 2025 budget proposal to a joint session of the...

December 19, 2024 No Responses

Tinubu’s 2025 Budget Speech To NASS

In fulfilment of one of my constitutional duties and with unyielding commitment to rebuilding Nigeria towards ensuring that we remain steadfast on the journey to a prosperous future, I hereby present the 2025 Budget to the Joint Session of the...

December 18, 2024 No Responses

Auto Finance: Stakeholders Laud FG, Seeks Legal Backing For NAIDP

Stakeholders in Nigeria’s automotive industry have concluded a strategic conference in Lagos State aimed at driving growth. City Business News reports that the conference is also aimed at addressing sector challenges and fostering collaboration....

December 18, 2024 No Responses

SEC DG: Vibrant Capital Market Key To $1tri Economy

The Securities and Exchange Commission (SEC) has stressed the need for a vibrant capital market in achieving the Federal Government’s $1 trillion economy target. The Director-General of SEC, Dr Emomotimi Agama, said this at the 2024 SEC Journalists Acade...

December 17, 2024 No Responses

Ethiopian Airlines, Air Congo Seal Partnership

Ethiopian Airlines, on Tuesday, announced partnership with the Government of the Democratic Republic of the Congo (DRC) for the establishment of Air Congo.Air Congo’s operations began with two Boeing 737-800 aircraft, serving domestic markets, starting with ...

December 17, 2024 No Responses

2025: FEC Approves N47.9tri Budget

The Federal Executive Council has given final approval to the 2025 budget to be presented by President Bola Tinubu. Speaking to State House correspondent shortly after the FEC meeting chaired by President Tinubu at the Presidential Villa on Monday, the Mi...

December 16, 2024 No Responses

CGC To Comptroller Olomu: Sustain Tempo Of High Revenue With Compliance

Comptroller General of Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has commended the Area Controller of Apapa Port Command, Comptroller Babatunde Olomu, for the command’s outstanding revenue collection of over N2.2trillion and urged him to sus...

December 16, 2024 No Responses

UBA Donates N500m To Lagos State Security Trust Fund

Photo Caption: L:R: Group Deputy Managing Director, United Bank for Africa (UBA), Muyiwa Akinyemi; Lagos State Governor, Babajide Sanwo-Olu and Group Chairman, UBA, Mr. Tony Elumelu, during the presentation of N500m to Lagos State Security Fund by UBA Foundati...

December 16, 2024 No Responses

Tinubu Celebrates Shell, Partners’ $5b Deepwater Investment

President Bola Ahmed Tinubu welcomes Shell and its partners’ announcement of the Final Investment Decision (FID) on the Bonga North Deep Offshore Field.A statement issued on Monday by Bayo Onanuga, Special Adviser to the President,(Information & Stra...

December 15, 2024 No Responses

SEC Nigeria Rolls Out Enlightenment Campaign

To ensure more Nigerians are attracted to the capital market, the Securities and Exchange Commission (SEC)has rolled out an enlightenment initiative tagged #investnigeria.Speaking at the official rollout at the weekend, Director General of the SEC, Dr. Emomoti...

December 15, 2024 No Responses

Japan Ambassador, Business Community Laud Dangote Refinery

The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage.This accolade was shared by a delegation from the Japanese Business Community in Nigeria, led b...