Category: Economy

Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1
September 12, 2021 No Responses

Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1

Federation of Agricultural Commodity Association of Nigeria (FACAN) says Nigeria’s agricultural export stood at N127 billion in the first quarter of 2021. The figure, according to the organisation, represents 128 percent increase, compared to N55.8 billion in fourth quarter of...
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Enhancing Growth Through Telecommunications Based Research
August 31, 2021 No Responses

Enhancing Growth Through Telecommunications Based Research

Barring any last-minute’s adjustment, the deadline for the submission of responses for proposals on the Telecommunications-Based Research Innovation from Academics in Nigerian Tertiary Institutions expires Tuesday, August 31, 2021.  Under the arrangemen...
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NCC, Others To Increase Nigeria’s GDP‘
August 22, 2021 No Responses

NCC, Others To Increase Nigeria’s GDP‘

The Ministry of Communications and Digital Economy says the Information Communication Technology (ICT) sector will increase its contributions to the country’s revenue, to boost the country’s Gross Domestic Product (GDP). The Minister of Communications and ...
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Nestle Empowers 50 Rural Women In FCT, Targets 300 In Second Phase
August 21, 2021 No Responses

Nestle Empowers 50 Rural Women In FCT, Targets 300 In Second Phase

Nestle Nigeria Plc., on Friday inaugurated a project aimed at empowering rural women in Nigeria to scale up their retail businesses through training, mentorship and grants with Nestle products. Mr Khaled Ramada, Nestle Nigeria’s Commercial Manager, at the ev...
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FIRS Targets N10.1trn Revenue In 2022
August 19, 2021 No Responses

FIRS Targets N10.1trn Revenue In 2022

The Federal Inland Revenue Service (FIRS) has projected generating N10.1 trillion revenue for the 2022 financial year.  Chairman of FIRS, Muhammad Nami stated this when he appeared before the House of Representatives Committee on Finance on Wednesday, in ...
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Economist Lauds Danbatta On N150b Spectrum Fees In Five Months
July 13, 2021 No Responses

Economist Lauds Danbatta On N150b Spectrum Fees In Five Months

An economist, Dr Matthew Otoide has commended the board, management and staff of the Nigerian Communications Commission (NCC) for exceeding its projected revenue from spectrum license fees for 2021 from N36 billion to N150bil...
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Lafarge Reiterates Enhanced Investments In Nigeria
June 29, 2021 No Responses

Lafarge Reiterates Enhanced Investments In Nigeria

Lafarge Africa Plc has reiterated commitment to collaborate with the Federal Government agencies to improve investments to accelerate its world’s green transformation agenda.  The company’s Board Chairman, Mr Adebode Adefioye, in a statement on Monda...
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Nigeria Seeks More Investment In Coconut Industry
June 9, 2021 No Responses

Nigeria Seeks More Investment In Coconut Industry

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IMF Forecasts Stronger Recovery For World Economy
April 7, 2021 No Responses

IMF Forecasts Stronger Recovery For World Economy

The International Monetary Fund is now forecasting a stronger economic recovery this year and next. The IMF has upgraded both its UK and global forecasts compared with what it projected in January.  But the British economy is still predicted to...
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Tony Elumelu Foundation Partners EU On Economic Empowerment For 2,500 African Women In 2021
December 12, 2020 No Responses

Tony Elumelu Foundation Partners EU On Economic Empowerment For 2,500 African Women In 2021

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy committed to empowering young African entrepreneurs, has announced a partnership with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021.&nbs...
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Experts Proffer Leeway For Post COVID-19 Nigerian Economy
December 7, 2020 No Responses

Experts Proffer Leeway For Post COVID-19 Nigerian Economy

For the Nigerian economy to survive the negative impact of COVID-19 pandemic, some stakeholders in the financial market have offered solutions that would help boost the economy.  Speaking at the weekend in Lagos, Uche Uwaleke, a Financial Economist and a....
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IMF: Global Economy ‘Losing Momentum’
November 20, 2020 No Responses

IMF: Global Economy ‘Losing Momentum’

The global economic recovery may be losing momentum as coronavirus infections surge again, the International Monetary Fund has warned. Fund chief Kristalina Georgieva said more economic help is needed, and warned countries against withdrawing aid too soon. Rec...
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Lee Engineering Boss Seeks Import Duty Waiver, Tax Relief For Indigenous Fabrication Firms
October 17, 2020 No Responses

Lee Engineering Boss Seeks Import Duty Waiver, Tax Relief For Indigenous Fabrication Firms

Executive Chairman, Lee Engineering, Dr Leemon Ikpea, has appealed to the Federal Government to grant import duty waiver and tax relief for indigenous fabrication companies as part of measures to support the government in job creation and boost the eco...
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Ganduje At NSC, Implores FG On Rail Extension To Dala Inland Port
October 17, 2020 No Responses

Ganduje At NSC, Implores FG On Rail Extension To Dala Inland Port

Governor of Kano State,  Abdullahi Ganduje has called on the Nigerian Shippers’ Council (NSC) to follow up with the Federal Ministry of Transportation to declare Dala Inland Dry Port as a destination port.   Ganduje made the call when he visited...
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