Category: Economy

<strong>NPA To Receive 19 Ships Laden With Petroleum Products, Frozen Fish, Bulk Sugar, Others At Lagos Port  </strong>
August 16, 2022 No Responses

NPA To Receive 19 Ships Laden With Petroleum Products, Frozen Fish, Bulk Sugar, Others At Lagos Port  

The Nigerian Ports Authority (NPA), on Tuesday, disclosed that 19 ships laden with petroleum products and other items were expected at the Lagos Port Complex.   The NPA, in its daily Shipping Position, explained that the ships were expected to arrive from August 16 to...
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Unity Bank Targets Underbanked Women With ‘Yanga Market’ Campaign  
August 16, 2022 No Responses

Unity Bank Targets Underbanked Women With ‘Yanga Market’ Campaign  

Unity Bank Plc has deployed a new marketing campaign targeted at reaching millions of women entrepreneurs, especially the underbanked across Nigeria with its new retail product, the Yanga account. A statement sent to City BusinessNews Online on Tuesday explain...
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UK To Cut Taxes On Imports From Developing Countries
August 16, 2022 No Responses

UK To Cut Taxes On Imports From Developing Countries

The UK is to cut import taxes on hundreds more products from some of the world’s poorest countries to boost trade links. The Developing Countries Trading Scheme comes into force in January and builds on a scheme the UK was...
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SON Inaugurates Training Center, Laboratory, Regional Office In Kano  
August 15, 2022 No Responses

SON Inaugurates Training Center, Laboratory, Regional Office In Kano  

The Standards Organisation of Nigeria (SON) has inaugurated a training center, laboratory and regional office at Khalifa Isiyaka – Rabiu housing estate in Kano metropolis.   During the inauguration, the Director-General of the organisation, Malam Faruk ...
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Nigeria’s Inflation Rate Increases To 19.64% In July
August 15, 2022 No Responses

Nigeria’s Inflation Rate Increases To 19.64% In July

Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis in July, 2022, the National Bureau of Statistics (NBS), has revealed .   Prince Semiu Adeniran, the Statistician-General of the Federation and Chief Executive Officer, Nat...
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How To Address Nigeria’s Economic Challenges, By NECA
August 8, 2022 No Responses

How To Address Nigeria’s Economic Challenges, By NECA

The Nigeria Employers’ Consultative Association (NECA) has described the economic challenges facing the country as multi-faceted and called for a holistic and multi-pronged approach to resolving them.  NECA’s Director-General, Mr Wale Oyerinde, in a state...
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Dakio: Palm Oil, Key To Economic Prosperity In Niger Delta 
August 3, 2022 No Responses

Dakio: Palm Oil, Key To Economic Prosperity In Niger Delta 

Interim Administrator, Presidential Amnesty Programme in the Niger Delta, Retired Col. Milland Dikio has challenged youths in the region to exploit opportunities in the oil palm business.  Addressing a workshop in Yenagoa organised by a group of ex-agitators...
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Economist Implores Investors On Taking Position 
July 27, 2022 No Responses

Economist Implores Investors On Taking Position 

A Professor of Capital Market,  Prof. Uche Uwaleke, has advised investors interested in the equities market to buy stocks in September and sell in January 2023 to reduce the impact of electioneering activities on investment.   Professor Uwaleke gave the ad...
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Traditional Ruler Cautions Against Use Of Chemicals For Fishing
July 11, 2022 No Responses

Traditional Ruler Cautions Against Use Of Chemicals For Fishing

A traditional ruler in Nasarawa State,  Alhaji Usman Abdullahi, has advised the residents of his area and other Nigerians against the use of chemicals for fishing. Abdullahi, the ‘Ehimega Opand, said it was to avoid water pollution and in the interest...
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Abia Awaits DMO’s Nod To Commence Work On Dry Port  
July 7, 2022 No Responses

Abia Awaits DMO’s Nod To Commence Work On Dry Port  

The Commissioner for Transport in Abia State, Chief Godswill Nwanoruo, on Wednesday, said the state is awaiting the Debt Management Office’s (DMO) nod to start construction work at the Isiala Ngwa Dry Port.Nwanoruo disclosed this in an interview with the...
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Income Tax Returns: FIRS Extends Due Date For Companies 
July 5, 2022 No Responses

Income Tax Returns: FIRS Extends Due Date For Companies 

The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end...
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Work Bank Seeks Accelerated Implementation Of NG-CARES By States
June 17, 2022 No Responses

Work Bank Seeks Accelerated Implementation Of NG-CARES By States

The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) has urged the 36 states of the federation and the Federal Capital Territory (FCT) to accelerate the implementation of the programmes.  Prof. Foluso Okunmadewa, the World Bank, Lead Spec...
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Osinbajo Urges Caution On Economic Sovereignty
June 14, 2022 No Responses

Osinbajo Urges Caution On Economic Sovereignty

Africa’s developmental aspirations can be actualised by deepening cooperation and collaboration with the rest of the world, Vice President Yemi Osinbajo has said.  Osinbajo’s spokesman, Laolu Akande, in a statement on Monday explained that the vice pr...
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First Bank Trains 80 Women Entrepreneurs On Export  
June 9, 2022 No Responses

First Bank Trains 80 Women Entrepreneurs On Export  

The Nigeria Export Promotion Council (NEPC) in collaboration with First Bank of Nigeria has commenced training of 80 women entrepreneurs in modern export skills in Sokoto State.  The Head, Trade Promotion Advisor, NEPC, Sokoto Smart Office, Mr Ahmed Yahay...
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