Category: Economy

SEC Alleges Serious Infractions At Oando, Directs Wale Tinubu, Others To Resign
May 31, 2019 No Responses

SEC Alleges Serious Infractions At Oando, Directs Wale Tinubu, Others To Resign

The Securities and Exchange Commission, SEC, has concluded investigation of Oando Plc and directed among others the resignation of affected Board Members. The commission in a statement on Friday also barred the Group Chief Executive Officer (GCEO), Wale Tinubu and the...
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Heritage Bank Empowers ‘Tech Start-Ups’ Winners With $40,000 Grants
May 30, 2019 No Responses

Heritage Bank Empowers ‘Tech Start-Ups’ Winners With $40,000 Grants

As part of its efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa, Heritage Bank Plc, Nigeria’s most innovative banking service provider has doled out $40, 000 grants to winners ...
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Chamber Seeks Immediate Announcement Of Ministers
May 28, 2019 No Responses

Chamber Seeks Immediate Announcement Of Ministers

The Nigerian-British Chamber of Commerce (NBCC) has commended the signing of N8.92 trillion 2019 Appropriation Bill into law, saying the immediate announcement of cabinet members will trigger a robust economy. Mr Akinola Olawore, President of NBCC gave the com...
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Buhari Signs N8.92Tri 2019 Budget
May 27, 2019 No Responses

Buhari Signs N8.92Tri 2019 Budget

President Muhammadu Buhari, who on Monday signed the 2019 appropriation bill of N8.92 trillion into law, said adjustment of the budget by the National Assembly may affect its smooth implementation.Speaking at the event which took place at the president’s min...
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‘Smuggling, Dumping, Greatest Challenges Hindering Economic Policies’
May 25, 2019 No Responses

‘Smuggling, Dumping, Greatest Challenges Hindering Economic Policies’

The CBN governor, Dr Godwin Emefiele, has identified smuggling and dumping of goods as the greatest challenges hindering the success of Nigeria’s economic policies. The News Agency of Nigeria (NAN) reports that Emefiele said this in Ibadan on Friday at...
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ACM Kayode Olagunju: Its No Longer Lucrative To Smuggle Vehicles Into Nigeria
May 24, 2019 No Responses

ACM Kayode Olagunju: Its No Longer Lucrative To Smuggle Vehicles Into Nigeria

It is no longer lucrative to smuggle vehicles into Nigeria as  getting such vehicles validly registered without paying custom duties on them is&n...
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Continental Tyre Mobilises Support For SOS Children’s Village
May 24, 2019 No Responses

Continental Tyre Mobilises Support For SOS Children’s Village

Continental is extending its support to the disaster relief efforts in Mozambique following the devastation and destruction caused by Cyclone Idai by donating funds to SOS Children’s Village.Continental Tyre South Africa (CTSA) has donated R25 000, while...
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UAC Photo News
May 24, 2019 No Responses

UAC Photo News

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SEC, NSE To Streamline Listing Modalities From June 1
May 23, 2019 No Responses

SEC, NSE To Streamline Listing Modalities From June 1

The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) on Thursday unveiled plans to make the modalities involving listing on the NSE more efficient and cost effective by streamlining the approval process between the SEC and the...
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Emefiele In Benin, Assures On Single-Digit Interest For MSMEs
May 22, 2019 No Responses

Emefiele In Benin, Assures On Single-Digit Interest For MSMEs

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured entrepreneurs set to commence operations at the Edo Production Centre, of the availability of favourable financing options. Emefiele, who spoke on Wednesday during a visit ...
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Dakuku: Nigeria Long Overdue For National Fleet
May 22, 2019 No Responses

Dakuku: Nigeria Long Overdue For National Fleet

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that Nigeria is way overdue for an active national fleet that would properly position it in the comity of maritime nations.Dakuku stated thi...
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SEC Boss To Nigerians: Beware, Loom Is A Ponzi Scheme
May 16, 2019 No Responses

SEC Boss To Nigerians: Beware, Loom Is A Ponzi Scheme

The Securities and Exchange Commission, SEC, has raised the alarm over the activities of some alleged online fraudsters, who are currently running an online investment scheme tagged ‘Loom Money Nigeria’.SEC explained that Loom Money Nigeria, is taking over...
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Buhari Reappoints Emefiele As CBN Governor For Second Term
May 9, 2019 No Responses

Buhari Reappoints Emefiele As CBN Governor For Second Term

President Muhammadu Buhari has reappointed the Governor of the Central Bank of Nigeria, Godwin Emiefele, for a second and final term of five years.A letter to the Senate seeking Mr Emefiele’s confirmation was on Thursday  read out by Senate Preside...
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FAO Assures Nigeria Of Sustained Technical Support
May 9, 2019 No Responses

FAO Assures Nigeria Of Sustained Technical Support

The Food and Agricultural Organisation has promised Nigeria continued support in its drive toward ensuring food security and zero hunger in the future.FAO Country Representative in Nigeria, Suffyan Koroma, made the promise in an interview with the News Agency ...
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