Category: Economy

NIMASA DG Assures Maritime Stakeholders Of Inclusivity
May 12, 2024 No Responses

NIMASA DG Assures Maritime Stakeholders Of Inclusivity

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola has assured stakeholders in the Nigerian maritime sector of inclusivity, towards the development of the sector. The NIMASA DG  who made this assertion during an...
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Analysts Place “Buy” On Fidelity Bank
May 12, 2024 No Responses

Analysts Place “Buy” On Fidelity Bank

Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to generate high returns for investors. Independent investment research reports by many market pundits reviewed at the weekend showed that F...
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Nigeria Targets New Visa Application Process
May 12, 2024 No Responses

Nigeria Targets New Visa Application Process

The Federal Government is working to revise the visa application policy in the country in a few weeks to improve accessibility, Minister of Interior, Olubunmi Tunji-Ojo, has said Tunji-Ojo disclosed this at a stakeholders’ consultative meeting regarding Nige...
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Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council
May 10, 2024 No Responses

Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council

President Bola Ahmed Tinubu has commissioned Funtua Inland Dry Port project in Funtua, Katsina State.He was represented at the official commissioning of the Funtua Inland Dry Port by the Secretary to the Government of the Federation, Senator George Akume, on.....
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NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 
May 10, 2024 No Responses

NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Fe...
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TUC Threatens Nationwide Shutdown
May 9, 2024 No Responses

TUC Threatens Nationwide Shutdown

The Trade Union Congress (TUC) has threatened shut down the Nigerian economy should the Federal Government fail to cancel the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria. The TUC in a statement signed by its President,.....
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Tinubu To Commission Funtua Inland Dry Port
May 8, 2024 No Responses

Tinubu To Commission Funtua Inland Dry Port

President Bola Ahmed Tinubu to commission Funtua Inland Dry Port on Thursday, 9th May, 2024 in Katsina State.The Commissioning Ceremony will feature key dignitaries, government officials and industry stakeholders.Assistant Director, Public Relations Unit of Sh...
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Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex
May 8, 2024 No Responses

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
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CBN Directs Banks To Charge 0.5% Cybersecurity Levy
May 7, 2024 No Responses

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...
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Edo Flags Off Food Support Programme
May 6, 2024 No Responses

Edo Flags Off Food Support Programme

The Edo State Governor. Mr. Godwin Obaseki, has flagged off the Edo State Food Support Programme, in collaboration with the Christian Association of Nigeria (CAN). The programme which is tagged the Christian Feeding Programme was designed to feed the poorest.....
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Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria
May 6, 2024 No Responses

Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria.   Speaking at an event organized by the National Council on Nutri...
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Seaports Unveil Top Nine Priorities
May 3, 2024 No Responses

Seaports Unveil Top Nine Priorities

In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a strong...
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Transcorp Group Sustains 173% Revenue Growth, N45b PBT
May 2, 2024 No Responses

Transcorp Group Sustains 173% Revenue Growth, N45b PBT

Transnational Corporation Plc conglomerate, with investment in the Power, Hospitality, and Energy sectors, has announced Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Transcorp reported year-on-year growth, wi...
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NLC Tasks FG On New Minimum Wage
May 2, 2024 No Responses

NLC Tasks FG On New Minimum Wage

Organised labour has given the federal government till the end of May to finalise the process of implementing the new national minimum wage for workers. The President of the Nigeria Labour Congress (NLC), Joe Ajaero, made the demand on Wednesday...
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