Category: Economy

NDDC To Revamp Rivers ICT Centre
September 21, 2023 No Responses

NDDC To Revamp Rivers ICT Centre

The Niger Delta Development Commission, NDDC, has commenced partnership with the Rivers State Government to revamp the government’s Information Communication and Technology, ICT, Centre for the training of youths under the Holistic Opportunity Projects of Engagement, HOPE, project. Speaking during an...
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Tony Elumelu Foundation Partners UNICEF, IKEA On Green Entrepreneurship Programme
September 20, 2023 No Responses

Tony Elumelu Foundation Partners UNICEF, IKEA On Green Entrepreneurship Programme

The Tony Elumelu Foundation, UNICEF’s Generation Unlimited (GenU), and IKEA Foundation have announced their strategic partnership to launch a pioneering Green Entrepreneurship Programme that is aimed at empowering African youth and tackling the triple pl...
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Oil Prices Rise On Supply Deficit Concerns
September 19, 2023 No Responses

Oil Prices Rise On Supply Deficit Concerns

Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia. Reuters report that U.S. West Texas...
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Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry
September 18, 2023 No Responses

Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry

Ecobank Nigeria has opened a creative studio for the promotion of talents and creativity across the African continent. Known as EPAC Studios, it is a carefully crafted space for telling authentic African stories in art, culture, lifestyle, and entertainment. T...
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Photo News
September 18, 2023 No Responses

Photo News

L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United Bank for Africa, Bashir A. Nuhu, Di...
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Shippers Council Harps On Regional Trade, List Obstacles
September 17, 2023 No Responses

Shippers Council Harps On Regional Trade, List Obstacles

More than 400 trade obstacles have been reported through the Trade Obstacles Alert Mechanism (TOAM) along the ECOWAS trade corridor. Speaking on Friday, the Executive Secretary of Nigerian Shippers’ Council (NSC), Emmanuel Jime also explained that various st...
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NDDC Partners OGFTZA On Industrial Parks
September 16, 2023 No Responses

NDDC Partners OGFTZA On Industrial Parks

The Niger Delta Development Commission (NDDC) is to collaborate with the Oil and Gas Free Trade Zone Authority on the development of industrial parks in the Niger Delta region. According to a statement, the Managing Director, NDDC, Samuel Ogbuku, sai...
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Tinubu Nominates Yemi Cardoso As CBN Governor
September 15, 2023 No Responses

Tinubu Nominates Yemi Cardoso As CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending his confirmation by the Senate.⁣A statement signed...
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Dana Motors Introduces CNG-Powered Vehicles In Nigeria
September 15, 2023 No Responses

Dana Motors Introduces CNG-Powered Vehicles In Nigeria

In response to rising fuel costs and increasing vehicle expenses, Dana Motors Limited, the exclusive distributor of Kia in Nigeria has announced plans to bring Compressed Natural Gas (CNG) vehicles to the Nigerian market. A statement sent to City Business...
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Edo, Namibia Explore Investment Opportunities
September 14, 2023 No Responses

Edo, Namibia Explore Investment Opportunities

The Edo State Governor, Mr. Godwin Obaseki, has initiated talks with the Namibian Government to explore trade and investment opportunities in livestock production, technology, and management services, among others between the Country and Edo State. The governo...
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UBA Declares N404b PBT, 50k Interim Dividend 
September 13, 2023 No Responses

UBA Declares N404b PBT, 50k Interim Dividend 

For the half year ended June 30, 2023, United Bank for Africa (UBA) Plc, delivered an outstanding performance as announced in its audited financial report.  The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group...
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Zenith Bank Declares N15.70b Interim Dividend
September 12, 2023 No Responses

Zenith Bank Declares N15.70b Interim Dividend

For the half year ended June 2023,  Zenith Bank Plc has declared an interim dividend of N15.70 billion, representing N0.50 per share.  In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an interim....
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STOAN Increases Dockworkers Wages By 2000 Per Cent In 17 Years
September 8, 2023 No Responses

STOAN Increases Dockworkers Wages By 2000 Per Cent In 17 Years

The Seaport Terminal Operators Association of Nigeria (STOAN), on Thursday, disclosed that Dockworkers who work at the ports have had their take-home increased by 2000 percent since the Federal Government introduced the port reform in 2006. The Chairman of STO...
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Ten Countries,500 Firms For Abuja 2023 Trade Fair
September 7, 2023 No Responses

Ten Countries,500 Firms For Abuja 2023 Trade Fair

Over 10 countries and 500 companies have indicated interest in participating at the 2023 Abuja International Trade Fair, the Abuja Chamber of Commerce and Industry has disclosed.  Addressing Journalists on Wednesday, ACCI President, Dr. Al-Mujtaba Abubakar, w...
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