Category: Economy

Bermuda Stock Exchange To Host WFE Annual Meeting In 2023  
January 13, 2023 No Responses

Bermuda Stock Exchange To Host WFE Annual Meeting In 2023  

The World Federation of Exchanges (WFE) has announced Bermuda Stock Exchange (BSX) as host of the industry’s General Assembly & Annual Meeting in 2023.   A statement sent to City Business News explained that the meeting, now in its 62nd year, gathers the leaders...
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SIFAX ICT Records 8,736 Hours Zero Lost Time Injury <a> </a>
January 13, 2023 No Responses

SIFAX ICT Records 8,736 Hours Zero Lost Time Injury  

SIFAX Inland Container Terminal, a subsidiary of SIFAX Group attained 8,736 hours of zero lost time to injury (LTI) during operations at the terminal in 2022.   This was disclosed by Mr. Paul Linden, Managing Director, SIFAX Inland Container Terminal,...
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SAHCO Seeks Duty Waiver For Ground Handling Operators   
January 13, 2023 No Responses

SAHCO Seeks Duty Waiver For Ground Handling Operators   

The Managing Director, Skyway Aviation Handling Company (SAHCO) Plc, Mr Basil Agboarumi, has called on the Federal Government to grant duty waiver on operational equipment for ground handling companies operating in the nation’s airports.    Agboaru...
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DMO: Alarm Over National Debt Unnecessary
January 6, 2023 No Responses

DMO: Alarm Over National Debt Unnecessary

The alarm created around the country’s projected public debt by a segment of the media was unnecessary, the Debt Management Office (DMO), said on Thursday.  The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by...
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DMO Announces 2023 First Offer 
January 3, 2023 No Responses

DMO Announces 2023 First Offer 

The Debt Management Office (DMO) on Monday announced the issuance of its first bonds for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for a subscription.  According to a statement by the DMO, one is a two-year FGN Savings...
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FG Reappoints Adeyeye As NAFDAC DG
December 30, 2022 No Responses

FG Reappoints Adeyeye As NAFDAC DG

President Muhammadu Buhari has renewed the appointment of Professor Mojisola Adeyeye as the Director-General of National Agency for Food and Drug Administration and Control (NAFDAC) with effect from December 1, 2022 for the second and final tenure of five year...
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Ajaokuta Steel To Generate $1.6b, 500,000 Jobs
December 30, 2022 No Responses

Ajaokuta Steel To Generate $1.6b, 500,000 Jobs

Ajaokuta Steel Complex will generate $1.6b annually and provide 500,000 jobs for Nigerian youths, President Muhammadu Buhari has said.  Malam Garba Shehu, the Presidential spokesperson in a statement, explained aid that Buhari said this at the Palace of t...
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Buhari Urges American Investors To Invest In Nigeria 
December 17, 2022 No Responses

Buhari Urges American Investors To Invest In Nigeria 

Nigeria remains the best destination for American investors to put their money, President Muhammadu Buhari has said.  Buhari explained that aside the population advantage in size and demography, various incentives and policies emplaced by the Nigerian Gov...
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Minister Urges Agencies To Strengthen Port Compliance  
December 16, 2022 No Responses

Minister Urges Agencies To Strengthen Port Compliance  

The Minister of Transportation, Mu’azu Sambo, has urged agencies to strengthen compliance functions to sustain and maintain standards in the ports.   Sambo gave the advice at the Convention on Business Integrity (CBi), and Maritime Anti-Corruption Netwo...
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Onne Port: Customs Generates N220b, Targets N360b In 2023  
December 16, 2022 No Responses

Onne Port: Customs Generates N220b, Targets N360b In 2023  

The Nigerian Customs Service, Onne Area Command, has generated over N220 billion in 2022, targets over N360 billion in 2023.The command’s controller, Auwal Muhammad, stated this during an engagement with Journalists at Onne, Rivers State.Muhammad noted that ...
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NPA Bags BPSR’s Excellence Award  
December 16, 2022 No Responses

NPA Bags BPSR’s Excellence Award  

The Nigerian Ports Authority (NPA) has been rated excellent in service delivery by the Bureau of Public Service Reforms (BPSR).   In the evaluation of the Self Assessment Tool (SAT) on performance ranking, NPA bagged the Platinum Award after scoring...
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Elumelu Laments Trade Discrimination Against Africa  
December 15, 2022 No Responses

Elumelu Laments Trade Discrimination Against Africa  

Africa suffers the most trade discrimination in the whole world, Chairman, Heirs Holdings, Mr Tony Elumelu has said, calling on its leaders to address the barriers facing the continent.   Elemulu said this at a side event on “Charting the Course:.....
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FCT-IRS Insists On Tax Clearance For Vehicle Registration, Building Approval    
December 15, 2022 No Responses

FCT-IRS Insists On Tax Clearance For Vehicle Registration, Building Approval    

Federal Capital Territory (FCT) residents will henceforth present Tax Clearance Certificate (TCC) to carry out certain transactions, the Acting Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr Haruna Abdullahi, has said   Abdulla...
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DMO Boss At CAMCAN Workshop, Lists Ways To Tackle Nation’s Debt Burden, Revenue Challenges
December 5, 2022 No Responses

DMO Boss At CAMCAN Workshop, Lists Ways To Tackle Nation’s Debt Burden, Revenue Challenges

The Director-General, Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration as part of measures to tackle revenue challenges.  Speaking at the 2022 Capital Market Correspondents Assoc...
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