Category: Economy

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 Headquarters...
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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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NIMASA To Stakeholders: Dockworkers Registration Now Mandatory
October 25, 2024 No Responses

NIMASA To Stakeholders: Dockworkers Registration Now Mandatory

The management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has advised International Oil Companies, terminal and jetty operators, and all other companies involved in stevedoring in the country to refrain from engaging unregistered dockwo...
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Shippers Council Seeks Amendment Of Act
October 23, 2024 No Responses

Shippers Council Seeks Amendment Of Act

The Executive Secretary, Nigerian Shippers Council (NSC), Pius Akutah, on Wednesday described the agency’s 1978 Act as obsolete.According to Akutah, the proposed amendment will align the agency with modern trend and development.Speaking at the Council he...
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IMF Predicts Slower Global Growth In 2024, 2025
October 23, 2024 No Responses

IMF Predicts Slower Global Growth In 2024, 2025

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked “important” regional and sectoral shifts. In its new World Economic...
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Ecobank Nigeria To Host Design, Build Expo
October 23, 2024 No Responses

Ecobank Nigeria To Host Design, Build Expo

Ecobank Nigeria is set to host its inaugural Design & Build Expo, aimed at highlighting the latest trends, innovations, and sustainable practices in architecture, construction, building materials, household appliances, engineering, and interior design. &nb...
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At Non-Oil Export Summit, Shippers Council Harps On Trade Facilitation, Complaints Handling Mechanism
October 22, 2024 No Responses

At Non-Oil Export Summit, Shippers Council Harps On Trade Facilitation, Complaints Handling Mechanism

The Nigerian Shippers’ Council (NSC) has highlighted the critical role of its trade facilitation efforts and Complaints Handling Mechanism.  Speaking at the just concluded non-oil export summit in Lagos, NSC Deputy Director, Trade Services, Adaora Nwonu...
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Dangote Refinery: Case Against NNPCL, Rano, Matrix, Others Overtaken By Events
October 22, 2024 No Responses

Dangote Refinery: Case Against NNPCL, Rano, Matrix, Others Overtaken By Events

The management of Dangote Petroleum Refinery and Petrochemicals FZE has reacted to the reported case it instituted against the Nigerian National Petroleum Corporation Limited and others seeking the nullification of their import licences. The company spoke in a...
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UBA Declares N525.3b Profit In Q3 2024
October 22, 2024 No Responses

UBA Declares N525.3b Profit In Q3 2024

For the month of third quarter ended September 2024, United Bank for Africa (UBA) Plc, recorded N525.31 billion Profit After Tax (PAT). The unaudited financial report filed with the Nigerian Exchange Ltd.(NGX) on Monday indicates 16.9 per cent increase, from.....
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Edo Records N67.2b IGR In Nine Months
October 22, 2024 No Responses

Edo Records N67.2b IGR In Nine Months

Between January and September, 2024, Edo Internal Revenue Service (EIRS) attained N67.29 billion as Internally Generated Revenue (IGR). A statement issued on Monday by  Mr Courage Egboigbe, Head, Corporate Communications, Edo IRS explained that  Mr J...
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NDDC MD: NDCCITMA Will Create Jobs, Boost Businesses
October 21, 2024 No Responses

NDDC MD: NDCCITMA Will Create Jobs, Boost Businesses

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has stated that the formation of the Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA was borne out of the need to create jobs a...
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FG Unveils Export Skills Centre In Lagos 
October 20, 2024 No Responses

FG Unveils Export Skills Centre In Lagos 

As part of measures to boost non-oil exports, the Federal Government has unveiled the Export Skills Acquisition Centre (ESAC) in Apapa, Lagos State. The Minister of Industry, Trade, and Investment, Doris Nkiruka Uzoka-Anite, announced the launch via her o...
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NADDC, Reps To Propel Auto Industry Through Legislation
October 19, 2024 No Responses

NADDC, Reps To Propel Auto Industry Through Legislation

Members of the House of Representatives Committee on Delegated Legislation has expressed readiness to synergize with the National Automotive Design and Development Council (NADDC) to further propel the development of the Nigeria Automotive Industry.This was di...
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