Category: Economy

SEC DG: Vibrant Capital Market Key To $1tri Economy
December 18, 2024 No Responses

SEC DG: Vibrant Capital Market Key To $1tri Economy

The Securities and Exchange Commission (SEC) has stressed the need for a vibrant capital market in achieving the Federal Government’s $1 trillion economy target. The Director-General of SEC, Dr Emomotimi Agama, said this at the 2024 SEC Journalists Academy  held...
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Ethiopian Airlines, Air Congo Seal Partnership
December 17, 2024 No Responses

Ethiopian Airlines, Air Congo Seal Partnership

Ethiopian Airlines, on Tuesday, announced partnership with the Government of the Democratic Republic of the Congo (DRC) for the establishment of Air Congo.Air Congo’s operations began with two Boeing 737-800 aircraft, serving domestic markets, starting with ...
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2025: FEC Approves N47.9tri Budget 
December 17, 2024 No Responses

2025: FEC Approves N47.9tri Budget 

The Federal Executive Council has given final approval to the 2025 budget to be presented by President Bola Tinubu. Speaking to State House correspondent shortly after the FEC meeting chaired by President Tinubu at the Presidential Villa on Monday, the Mi...
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CGC To Comptroller Olomu: Sustain Tempo Of High Revenue With Compliance
December 16, 2024 No Responses

CGC To Comptroller Olomu: Sustain Tempo Of High Revenue With Compliance

Comptroller General of Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has commended the Area Controller of Apapa Port Command, Comptroller Babatunde Olomu, for the command’s outstanding revenue collection of over N2.2trillion and urged him to sus...
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UBA Donates N500m To Lagos State Security Trust Fund
December 16, 2024 No Responses

UBA Donates N500m To Lagos State Security Trust Fund

Photo Caption: L:R: Group Deputy Managing Director, United Bank for Africa (UBA), Muyiwa Akinyemi; Lagos State Governor, Babajide Sanwo-Olu and Group Chairman, UBA, Mr. Tony Elumelu, during the presentation of N500m to Lagos State Security Fund by UBA Foundati...
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Tinubu Celebrates Shell, Partners’ $5b Deepwater Investment
December 16, 2024 No Responses

Tinubu Celebrates Shell, Partners’ $5b Deepwater Investment

President Bola Ahmed Tinubu welcomes Shell and its partners’ announcement of the Final Investment Decision (FID) on the Bonga North Deep Offshore Field.A statement issued on Monday by Bayo Onanuga, Special Adviser to the President,(Information & Stra...
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SEC Nigeria Rolls Out Enlightenment Campaign
December 15, 2024 No Responses

SEC Nigeria Rolls Out Enlightenment Campaign

To ensure more Nigerians are attracted to the capital market, the Securities and Exchange Commission (SEC)has rolled out an enlightenment initiative tagged #investnigeria.Speaking at the official rollout at the weekend, Director General of the SEC, Dr. Emomoti...
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Japan Ambassador, Business Community Laud Dangote Refinery
December 15, 2024 No Responses

Japan Ambassador, Business Community Laud Dangote Refinery

The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage.This accolade was shared by a delegation from the Japanese Business Community in Nigeria, led b...
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NCDMB, Julius Berger, Seal Oloibiri Museum Construction Contract
December 15, 2024 No Responses

NCDMB, Julius Berger, Seal Oloibiri Museum Construction Contract

The Nigerian Content Development and Monitoring Board (NCDMB) has executed the engineering, procurement, and construction contract with Julius Berger Plc for the development of Oloibiri Museum and Research Centre (OMRC).The project is to be located at Otuabagi...
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FG, States, LGCs Share ₦1.727tri
December 14, 2024 No Responses

FG, States, LGCs Share ₦1.727tri

A total sum of ₦1.727 trillion, being November 2024 Federation Accounts Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the December 2024 meeting of the Federation Accounts Allocation Co...
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Seplat Energy Completes Acquisition Of Mobil Producing Nigeria
December 12, 2024 No Responses

Seplat Energy Completes Acquisition Of Mobil Producing Nigeria

SeplaSeplat Energy Plc has completed acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil .According to Seplat Energy, the transaction is transformative for Seplat Energy, “more than doubling production and positioning the Company to d...
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FG Issues N1.1trn Sukuk Bonds For Road Projects
December 12, 2024 No Responses

FG Issues N1.1trn Sukuk Bonds For Road Projects

Photo Caption: L-R: Commissioner, Securities and Exchange Commission Pakistan, Mr. Mujtaba Ahmad Lodhi, Chairman SEC Pakistan, Akif Saeed, Director General, Securities and Exchange Commission Nigeria, Dr. Emomotimi Agama and Chairman, Accounting and Auditing O...
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Tax Reform Bills: Reps Southern Caucus Backs Tinubu
December 11, 2024 No Responses

Tax Reform Bills: Reps Southern Caucus Backs Tinubu

Members of the Southern Caucus of the House of Representatives on Tuesday expressed support for President Bola Tinubu’s tax reform bills. The lawmakers who briefed journalists on Tuesday after a meeting the residence of the Deputy Speaker, Benjamin Kalu. The...
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Tinubu Appoints Ogunjimi Acting AGF
December 10, 2024 No Responses

Tinubu Appoints Ogunjimi Acting AGF

President Bola Ahmed Tinubu has appointed Mr Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation (AGF).A statement issued by Bayo Onanuga,Special Adviser to the President(Information & Strategy) Explained his appointment is ef...
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