Category: Economy

Buhari Names New Economic Team
September 17, 2019 No Responses

Buhari Names New Economic Team

President Muhammadu Buhari has constituted an Economic Advisory Council (EAC). The Chairman of the Council, according to a statement by the Special Adviser on Media and Publicity, Femi Adesina, is Prof. Doyin Salami. Dr. Mohammed Sagagi is the Vice Chairman...
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ICRC Explains Economic Opportunities Partnership With TEF In Conflict Prone Regions
September 13, 2019 No Responses

ICRC Explains Economic Opportunities Partnership With TEF In Conflict Prone Regions

At the just concluded Forum organised by the International Committee of the Red Cross (ICRC), key speakers Tony O. Elumelu, Founder of the Tony Elumelu Foundation and Peter Maurer, President of the International Committee of the Red Cross (ICRC) proffered...
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EFCC Seeks CBN’s Support In Fight Against Corruption
September 4, 2019 No Responses

EFCC Seeks CBN’s Support In Fight Against Corruption

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has  solicited the support of the Central Bank of Nigeria (CBN) in the fight against corruption, noting that the apex bank’s strategic position in the financial sec...
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Buhari Welcomes Investments From Japan Bank, Toyota
August 31, 2019 No Responses

Buhari Welcomes Investments From Japan Bank, Toyota

President Muhammadu Buhari Friday held investment talks with top officials of Japan Bank for International Cooperation, and Toyota Group, at the margins of the Seventh Tokyo International Conference on African Development (TICAD 7), holding in Yokohama, Japan....
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Elumelu To Japan: Partner With Us In Empowering African Entrepreneurs
August 30, 2019 No Responses

Elumelu To Japan: Partner With Us In Empowering African Entrepreneurs

Foremost African investor and philanthropist Tony O. Elumelu, has challenged the Government of Japan to invest 5% of its $50billion commitment to Africa, in empowering African entrepreneurs.  In keynote speech, delivered before global leaders, at the 7th ...
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SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others
August 28, 2019 No Responses

SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others

By Moses Ebosele, ebosele@hotmail. com To sustain faster turnaround of its operations, Sifax Group has placed order for 24 new trucks, four mobile harbor cranes and other strategic equipments.Already, a subsidiary of the Group, Skyway Aviation Handling Company...
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Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference
August 25, 2019 No Responses

Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference

By Moses Ebosele, ebosele@hotmail.com The 2019 Global Maritime Security Conference (GMSC) is to hold  October 7th—9th, at the International Conference Centre, Abuja, Nigeria.Hosted by Nigerian Maritime Administration and Safety Agency (NIMASA),...
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Investors Consolidate 3.4b Shares
August 25, 2019 No Responses

Investors Consolidate 3.4b Shares

Investors Consolidate 3.4b Shares The Securities and Exchange Commission (SEC), has announced that considerable progress has been made in the implementation of its consolidation of multiple shareholder accounts and electronic Dividend Mandate Management System...
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FRSC Officials, Five Others Arrested For Extortion
August 19, 2019 No Responses

FRSC Officials, Five Others Arrested For Extortion

A Joint Inter-Agency Team led by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested 37 officials of the Federal Road Safety Corps (FRSC) for allegedly extorting money from motorists on Nigerian highways.The Team, compri...
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Ambode Denies Link To N9.9b Bank Account
August 9, 2019 No Responses

Ambode Denies Link To N9.9b Bank Account

The immediate past governor of Lagos State, Mr. Akinwunmi Ambode, has denied ownership of any bank account containing N9.9billion.The Economic and Financial Crimes Commission (EFCC) recently disclosed that it had frozen certain accounts linked to some former l...
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Nigeria To Address VAT Exemption, Others On Capital Market Transactions
August 5, 2019 No Responses

Nigeria To Address VAT Exemption, Others On Capital Market Transactions

The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on capital market transactions.This was stated by Vice President Yemi Osibanjo at the Awards Night of the...
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NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply
August 5, 2019 No Responses

NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.The NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, told the News Ag...
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Omo-Agege To Oil Firms: Relocate Headquarters To N/Delta
August 4, 2019 No Responses

Omo-Agege To Oil Firms: Relocate Headquarters To N/Delta

Deputy President of the Senate Ovie Omo-Agege has urged oil companies operating in the Niger Delta region to relocate their headquarters to the region.Mr. Yomi Odunuga, his Special Adviser on Media and Publicity in astatement on Saturday in Abuja, said...
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NIS Generates N39.06b Local Revenue
July 15, 2019 No Responses

NIS Generates N39.06b Local Revenue

The Nigeria Immigration Service (NIS) generated N39.06 billion in 2018 as against N35.72 billion it generated as local revenue in 2017, the National Bureau of Statistics (NBS) said. The bureau said this in its “Immigration Statistics of 2018”, obtained fro...
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