Category: Economy

NNPCL Pays N123b Interim Dividend To FAAC
July 22, 2023 No Responses

NNPCL Pays N123b Interim Dividend To FAAC

As part of measures to consolidate its post Petroleum Industry Act (PIA) 2021 status as an income generating company, the Nigerian National Petroleum Company Limited (NNPCL), on Thursday commenced the payment of interim dividend and PSC profit oil into the...
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NGX Reclassifies Fidelity Bank As Medium Price Stock
July 22, 2023 No Responses

NGX Reclassifies Fidelity Bank As Medium Price Stock

Nigerian Exchange Limited (NGX) has announced the reclassification of Fidelity Bank Plc from Small price stock to Medium price stock.  NGX in a statement explained that Rule 15.29 of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) notes that...
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FIRS Rakes In N5.5Trillion In Six Months
July 21, 2023 No Responses

FIRS Rakes In N5.5Trillion In Six Months

The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023.   A statement issued by Johannes Oluwatobi Wojuola, Special Assistant to the Executive Chai...
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Eleven Jostle For $100,000 Nigeria Prize For Literature
July 21, 2023 No Responses

Eleven Jostle For $100,000 Nigeria Prize For Literature

The Advisory Board for The Nigeria Prize for Literature on Thursday announced the longlist of 11 drawn from 143 plays in the running for the 2023 edition of the prize. The genre in focus is Drama.The literature prize is sponsored...
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Petrol Pump Price Climbs to 617, 700 Naira in Lagos, Abuja
July 18, 2023 No Responses

Petrol Pump Price Climbs to 617, 700 Naira in Lagos, Abuja

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NPA Generates N191.4b Revenue In Six  Months, Remits N55.7b To CRF 
July 18, 2023 No Responses

NPA Generates N191.4b Revenue In Six  Months, Remits N55.7b To CRF 

The Nigerian Ports Authority (NPA) has generated a total revenue of N191, 430,093,501.00 (One hundred and ninety-one billion, four hundred and thirty million, ninety-three thousand and five hundred and one naira only) from its operations in the first half of.....
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NASENI Invites Producers of Lithium Batteries To Manufacture In Nigeria
July 18, 2023 No Responses

NASENI Invites Producers of Lithium Batteries To Manufacture In Nigeria

The National Agency for Science and Engineering Infrastructure (NASENI) is calling on investors to collaborate with the Agency in local production and domestication of Lithium batteries among other renewable energy solutions.   The Executive Vice Cha...
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Seplat CEO: Nigeria’s Upstream Sector Needs Success Stories To Attract More Investments 
July 14, 2023 No Responses

Seplat CEO: Nigeria’s Upstream Sector Needs Success Stories To Attract More Investments 

There is a severe need for funding in the upstream and midstream segment of the energy sector in Nigeria, and relevant success stories from the country will facilitate these investments, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown,...
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Obaseki Showcases Investment Opportunities In Edo
July 14, 2023 No Responses

Obaseki Showcases Investment Opportunities In Edo

The Edo State Governor, Mr. Godwin Obaseki, on Thursday, at the BusinessDay CEO Forum, showcased investment opportunities in Edo as well as the impacts of the public-private partnerships that have translated to the remarkable transformation of various sectors ...
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UNITED CAPITAL LAUNCHES CAMPAIGN TO PROMOTE FINANCIAL INCLUSION FOR WOMEN
July 14, 2023 No Responses

UNITED CAPITAL LAUNCHES CAMPAIGN TO PROMOTE FINANCIAL INCLUSION FOR WOMEN

United Capital Asset Management Ltd., a subsidiary of United Capital Plc, has launched the #ThisGirlInvests campaign to promote financial independence and security for women across Nigeria.   A statement explained that the  campaign seeks to enc...
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Air Peace Begins Lome July 28, Announces Special Antigua Flights
July 13, 2023 No Responses

Air Peace Begins Lome July 28, Announces Special Antigua Flights

Nigeria’s leading airline, Air Peace, is expanding its regional connectivity with the launch of Lome(Togo) route on July 28, 2023, a news release issued by the airline on Thursday, July 13, 2023, has revealed.   The airline has also announced s...
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DBN Empowers  1,000 MSMEs 
July 11, 2023 No Responses

DBN Empowers  1,000 MSMEs 

The Development Bank of Nigeria (DBN) in continuation of its capacity development training programmes for Micro, Small and Medium Enterprises (MSMEs) in Nigeria, has organised a one-day training for over 1,000 small businesses across six states in the North-Ea...
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SEC Urges FRSC  Personnel To Shun Ponzi Schemes
July 10, 2023 No Responses

SEC Urges FRSC  Personnel To Shun Ponzi Schemes

Officers of the Federal Road Safety Corps have been urged to avoid Ponzi schemes and only invest in entities registered with the regulatory body.The Securities and Exchange Commission gave the advise during an investor enlightenment programme tagged “Investo...
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NAJA Holds Workshop On Subsidy Removal August 24
July 10, 2023 No Responses

NAJA Holds Workshop On Subsidy Removal August 24

The Nigeria Auto Journalists Association (NAJA) has concluded plans to hold it’s annual Training /Capacity Building Workshop on August 24, 2023 in Lagos State. A statement issued on Monday explained that the yearly training programme which is aimed at eq...
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