Category: Economy

Nigeria Invests $618m In iDICE Project
October 31, 2024 No Responses

Nigeria Invests $618m In iDICE Project

The Nigerian Government has announced an investment of $618 million in the Investment in Digital and Creative Enterprises (iDICE) project to strengthen Nigeria’s creative industry including the carnival sector. This was announced by Vice-President Kashim Shettima during a meeting with...
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CSCS Bags Capital Market Award
October 30, 2024 No Responses

CSCS Bags Capital Market Award

Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure, has been honoured for its outstanding contributions to the financial services industry.City Business News reports that CSCS received the prestigious Capital Marke...
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Federal Ministry Of Transport Seeks LAMATA’s Expertise in NMT Policy Development
October 30, 2024 No Responses

Federal Ministry Of Transport Seeks LAMATA’s Expertise in NMT Policy Development

A delegation from the Federal Ministry of Transport, led by Mr. Temitope Adeleke, Assistant Chief Technical Officer for Road Transport and Mass Transit Administration, visited the Lagos Metropolitan Area Transport Authority (LAMATA) on Wednesday.The purpose of...
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NCDMB To Unveil New Contract Cycle Guidelines For Oil, Gas Industry
October 30, 2024 No Responses

NCDMB To Unveil New Contract Cycle Guidelines For Oil, Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) is gearing up to launch new Contracting Cycle Guidelines for the oil and gas industry in compliance with the Presidential Directives on Local Content announced by President Bola Ahmed Tinubu in Marc...
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Ekiti Budgets N375b For 2025
October 29, 2024 No Responses

Ekiti Budgets N375b For 2025

Ekiti State Governor, Biodun Oyebanji on Tuesday, October 29, 2024 presented a budget estimate of N375,790,077,618.15.Presenting the Appropriation Bill before members of the Ekiti State House of Assembly at the Assembly Complex, Ado- Ekiti, Oyebanji explained ...
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NADDC Boss In Morocco, Highlights Auto Sector’s Investment Opportunities
October 29, 2024 No Responses

NADDC Boss In Morocco, Highlights Auto Sector’s Investment Opportunities

In line with the investment promotion drive of Nigerian Automotive Industry Development Plan (NAIDP), the Director General, National Automotive Design and Development Council (NADDC), Mr Oluwemimo Joseph Osanipin on Tuesday, 29th October, 2024 presented the in...
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Access Bank Unveils ‘Power Of 100 Africa’ To Celebrate Women
October 29, 2024 No Responses

Access Bank Unveils ‘Power Of 100 Africa’ To Celebrate Women

Access Bank has announced the launch of The Power of 100 Africa initiative, aimed at honoring women driving change across various sectors in Africa. Building on the success of the 2015 Power of 100 book, which celebrated influential Nigerian women,...
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Shippers’ Council: Non-Implementation Of Cargo Tracking Notes Cost Nigeria $500m Annually
October 29, 2024 No Responses

Shippers’ Council: Non-Implementation Of Cargo Tracking Notes Cost Nigeria $500m Annually

The Executive Secretary, Nigerian Shippers Council (NSC), Barr Pius Akutah, on Monday, disclosed that Nigeria is losing $500million annually due to the non-implementation of the International Cargo Tracking Notes (ICTN).Akutah disclosed the development during ...
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Northern Govs Faults Proposed Tax Reform Bill
October 29, 2024 No Responses

Northern Govs Faults Proposed Tax Reform Bill

The Northern Governors Forum has kicked against the proposed  Tax Reform Bill that was forwarded to the National Assembly.  It stated that the proposed tax bill is against the interests of the North and other sub-nationals. In a communique read...
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FBNHoldings Opens N150b Rights Issue
October 28, 2024 No Responses

FBNHoldings Opens N150b Rights Issue

FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion, to existing shareholders.This offering by FBNHoldings is based on one new ordinary share for every six ordinary...
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Bayelsa Announces N80,000 Minimum Wage
October 27, 2024 No Responses

Bayelsa Announces N80,000 Minimum Wage

Governor of Bayelsa State, Senator Douye Diri, has approved the sum of N80,000 as the new minimum wage for workers in the state’s civil service, effective November 1, 2024.Governor Diri also approved an increase in the monthly pension of retired...
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Corruption: Customs Boss Reads Riot Act to Newly Inaugurated ACTU Members
October 26, 2024 No Responses

Corruption: Customs Boss Reads Riot Act to Newly Inaugurated ACTU Members

As part of ongoing efforts to enhance integrity and transparency in Customs operations, the Comptroller-General of Customs (CGC), on Thursday, 25 July 2024, read a riot act to the Anti-Corruption and Transparency Unit (ACTU) members at the Nigeria Customs Head...
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FG Approves Kogi’s Bid To Build International Airport
October 26, 2024 No Responses

FG Approves Kogi’s Bid To Build International Airport

The Federal Ministry of Aviation and Aerospace Development has approved bid by the Kogi State Government to build an International Airport in Zariagi. The State Commissioner for Information and Communications, Kingsley Fanwo, said the approval was conveyed in ...
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NCDMB To Support R&D As Triple Helix Nigeria Unveils Vision
October 25, 2024 No Responses

NCDMB To Support R&D As Triple Helix Nigeria Unveils Vision

The Nigerian Content Development and Monitoring Board (NCDMB) has signaled plans to support new research and development projects as part of its Technology Innovation and Incubation Strategy and the enduring commitment to catalyze innovation in the Nigerian oi...
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