Category: Economy

Tinubu Submits Tax Reform Bills To NASS
October 4, 2024 No Responses

Tinubu Submits Tax Reform Bills To NASS

The Senate has received President Bola Tinubu’s communication seeking consideration and passage of the proposed Fiscal Policy and Tax Reform Bill to align with ongoing financial reforms of the Federal Government and enhance efficiency in tax compliance. The House of...
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Hyundai Nigeria Unveils Locally Assembled CNG Vehicles With Auto Finance Options
October 3, 2024 No Responses

Hyundai Nigeria Unveils Locally Assembled CNG Vehicles With Auto Finance Options

President Bola Ahmed Tinubu’s CNG Initiative (Pi-CNG) has recorded a boost as Hyundai Nigeria rolled out CNG vehicles for various categories of automobile users across the country.Assembled in Nigeria, the models include Hyundai Grand i10, Hyundai Accent...
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NPA Raises One Stop-Shop For Sale Of Crude In Naira To Dangote Refinery
October 3, 2024 No Responses

NPA Raises One Stop-Shop For Sale Of Crude In Naira To Dangote Refinery

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Thursday, disclosed that the implementation of the Federal Government directive on sale of crude oil and Petroleum products to Dangote Refinery in Naira has commenced.Speaking whe...
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SEC, NGX Group Visit Johannesburg Stock Exchange
October 3, 2024 No Responses

SEC, NGX Group Visit Johannesburg Stock Exchange

A high-level delegation from Nigerian Exchange Group Plc (NGX Group), led by the Group Chairman, Alhaji (Dr.) Umaru Kwairanga, alongside top officials from the Securities and Exchange Commission (SEC), headed by the Director General, Dr. Emomotimi Agama, recen...
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UBA Declares N2 Interim Dividend, N1.37tri Earnings In H1 ’24
October 1, 2024 No Responses

UBA Declares N2 Interim Dividend, N1.37tri Earnings In H1 ’24

For the half year ended June 30, 2024, United Bank for Africa (UBA) has grown its earnings by 40 per cent to N1.37 trillion and declared an interim dividend of N2.00 per share. The audited financials released to the Nigerian Exchange Limited...
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Access Bank Strengthens Women Empowerment In Southern Africa
September 30, 2024 No Responses

Access Bank Strengthens Women Empowerment In Southern Africa

Access Bank Plc has reinforced its dedication to advancing women’s empowerment across Southern Africa with the relaunch of its ‘W’ Initiative in Zambia and Botswana.The ‘W’ Initiative, which provides a wide array of financial services and support pro...
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SEC Nigeria Vows To Tackle Illegal Fund Managers
September 29, 2024 No Responses

SEC Nigeria Vows To Tackle Illegal Fund Managers

The Securities and Exchange Commission(SEC) has warned entities engaged in illegal fund management activities to desist forthwith or be ready to face the full wrath of the law.Director General of the Securities and Exchnage Commission, Dr. Emomotimi Agama stat...
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At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy
September 29, 2024 No Responses

At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy

For Nigeria to achieve the $1trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasized on the need for banks and Fintech companies to collaborate and drive the real sector growth....
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Access Holdings Donates Over ₦1b To Borno Flood Victims
September 27, 2024 No Responses

Access Holdings Donates Over ₦1b To Borno Flood Victims

In a demonstration of its commitment to community support, Access Holdings Plc has announced a donation of over ₦1 billion to assist with relief and recovery efforts in Maiduguri, through its banking vertical – Access Bank Plc.The announcement was made...
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WMD: Nigeria Mulls Technological Investments, Alternative Fuels For Safe Shipping
September 27, 2024 No Responses

WMD: Nigeria Mulls Technological Investments, Alternative Fuels For Safe Shipping

The Minister for Marine and Blue Economy, Adegboyega Oyetola, has assured that the Federal Government will increase investments in new technologies and alternative fuels to ensure safe shipping operations in the country.Oyetola, who was represented by the Mini...
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Niger Delta Chamber Of Commerce Takes Off with Sensitisation
September 27, 2024 No Responses

Niger Delta Chamber Of Commerce Takes Off with Sensitisation

The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDDCITMA, a platform to enhance the growth of entrepreneurs in the Niger Delta region, has been formally flagged off by the Managing Director of the Niger Delta Development Comm...
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AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS
September 27, 2024 No Responses

AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, represented by the Executive Director, Engineering and Technical Services, Engr. Ibrahim Abba, on Thursday in Lagos, joined industry stakeholders to celebrate this year’s World Mar...
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CBN Allocates $20,000 To Each BDC At ₦1,590/$
September 26, 2024 No Responses

CBN Allocates $20,000 To Each BDC At ₦1,590/$

The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each of the eligible Bureau De Change (BDC) operators in the country at the rate of N1,590/$. In a circular to all Bureau De Change operators dated...
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Greenwich Merchant Bank Partners PSRG-Richardson On Sustainability For Inclusive Growth
September 25, 2024 No Responses

Greenwich Merchant Bank Partners PSRG-Richardson On Sustainability For Inclusive Growth

Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy towards robust and inclusive growth.This was disclosed in a press release si...
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