Category: Economy

Stakeholders To Brainstorm On Digital Infrastructure At FICAN Conference
August 18, 2023 No Responses

Stakeholders To Brainstorm On Digital Infrastructure At FICAN Conference

In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions in line with Nigeria’s Payment System Vision (PSV) 2025.The Central Bank of Nigeria (CBN) in December...
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Firm Unveils Ultra-Modern Showroom 
August 15, 2023 No Responses

Firm Unveils Ultra-Modern Showroom 

Carloha Nigeria, provider of luxury automobiles has announced the opening of its new ultra-modern showroom at The Palms in Lekki, Lagos State. A statement sent to City Business News explained that “the state-of-the-art facility will serve as a showcase for.....
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Carloha Nigeria Strengthens Leadership Team With Key Appointments
August 15, 2023 No Responses

Carloha Nigeria Strengthens Leadership Team With Key Appointments

Carloha Nigeria, player in the automotive industry in Nigeria has announced the appointment of Joseph Omokhapue as Sales and Marketing Director and Chuks Nwagbara as Chief Finance Controller. A statement sent to City Business News on Tuesday explained that the...
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NCC Showcases Indigenous Telecom Achievements At NTICE 2023 Expo
August 15, 2023 No Responses

NCC Showcases Indigenous Telecom Achievements At NTICE 2023 Expo

The Nigerian Communications Commission (NCC) is set to showcase achievements so far recorded in the promotion of indigenous content in the telecommunications sector at the second edition of the Nigerian Telecommunications Indigenous Content Expo (NTICE 2023), ...
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NADDC, Coscharis, Stallion,Others Back 2023  NAJA  Workshop
August 12, 2023 No Responses

NADDC, Coscharis, Stallion,Others Back 2023  NAJA  Workshop

The National Automotive Design & Developmentt Council Council (NADDC), Coscharis Motors, Stallion Motors Nigeria Limited, Jet Systems Limited and Weststar Associates Ltd are among leading stakeholders in the automotive industry supporting this year’s tra...
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ACAMB To Brainstorm On Marketing Financial Services In Dynamic Times
August 9, 2023 No Responses

ACAMB To Brainstorm On Marketing Financial Services In Dynamic Times

The Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communication professionals working in Deposit Money Banks (DMBs) in Nigeria, has announced Thursday, August 17, 2023, as the date for its 2nd National...
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NIMASA Hands Over Modular Floating Dock Site To Technical Partners
August 9, 2023 No Responses

NIMASA Hands Over Modular Floating Dock Site To Technical Partners

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA has handed over the leased site at the Continental Shipyard Limited (CSL) of the Nigerian Ports Authority to the technical partners, Melsmore.  A statement issued by NIMASA e...
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Nigeria To Remove Taxes On Tomatoes, Raw Food Items
August 8, 2023 No Responses

Nigeria To Remove Taxes On Tomatoes, Raw Food Items

The Federal Government will soon end taxes on tomatoes and other raw food items, Chairman, Joint Tax Board (JTB), Mr Muhammad Nami, disclosed on Monday. Nami stated this on Monday at the 153rd JTB meeting with theme: “Harmonisation and codification...
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DMO Lists N130b Sukuk On NGX, FMDQ
August 4, 2023 No Responses

DMO Lists N130b Sukuk On NGX, FMDQ

The Debt Management Office (DMO) has listed the N130 billion Sovereign Sukuk on the Nigerian Exchange Group (NGX) and the FMDQ Securities and Exchange. A statement issued by DMO explained that the instrument was opened for subscription in November 2022,...
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NGX Market Capitalisation Up By N1.8trillion In July
August 1, 2023 No Responses

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...
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NDDC Seeks Sustainable Partnerships
August 1, 2023 No Responses

NDDC Seeks Sustainable Partnerships

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, says that the Commission needs sustainable partnerships that will enhance the lives of the people and contribute to the development of the Niger Delta region.Speaking when...
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Govt Earmarks N75 Billion To Strengthen Manufacturing Sector
July 31, 2023 No Responses

Govt Earmarks N75 Billion To Strengthen Manufacturing Sector

The federal government has concluded plans to disburse N75 billion to strengthen the nation’s manufacturing sector. Disclosing this during his address to Nigerians on Monday, President Bola Tinubu said the money will be spent between July 2023 to March 2024....
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After Darkness Comes The Glorious Dawn: Being Text Of President Tinubu’s Address To Nigerians
July 31, 2023 No Responses

After Darkness Comes The Glorious Dawn: Being Text Of President Tinubu’s Address To Nigerians

My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. 2. I...
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Transcorp Attains N82.1b Revenue In Six Months
July 30, 2023 No Responses

Transcorp Attains N82.1b Revenue In Six Months

Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced its financial results for the first half of the year ended June 30, 2023, recording growth across all...
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