Category: Economy

FG, States, LGs Shared ₦1.5trillion
April 16, 2025 No Responses

FG, States, LGs Shared ₦1.5trillion

For the Month of March 2025, the Federation Account Allocation Committee (FAAC) has shared ₦1.578 trillion among the Federal Government, states and local governments. A communique made available by the Director, Press and Public Relations, Office of the Accountant-General of...
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CSCS Proposes N1.76 Dividend For 2024
April 15, 2025 No Responses

CSCS Proposes N1.76 Dividend For 2024

Central Securities Clearing System (CSCS) Plc has released its audited consolidated and separate financial statements for the year ended December 31, 2024, delivering double-digit growth in revenue and profitability.Total revenue increased by 37% to N26.1 bill...
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Oyetola To NIMASA: Commence Process Of CVFF Disbursement
April 15, 2025 No Responses

Oyetola To NIMASA: Commence Process Of CVFF Disbursement

The Minister of Marine and Blue Economy, Adegboyega Isiaka Oyetola has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF)...
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Seplat Energy Sustainability Commitments Are Largely Long-Term, Says COO
April 13, 2025 No Responses

Seplat Energy Sustainability Commitments Are Largely Long-Term, Says COO

Seplat Energy Plc has restated its commitments to energy sustainability as it impacts people, environment and corporate governance, stressing that its focus is long-term with dividends accruable beyond today.The Chief Operating Officer, Seplat Energy, Mr. Sams...
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Shippers’ Council Harps On Digital Transformation
April 12, 2025 No Responses

Shippers’ Council Harps On Digital Transformation

The Executive Secretary/CEO, Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, has stated that the Council remains committed to its role as the port economic regulator and is actively pursuing its transition into the Nigerian Port Economic Regulatory Agency...
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Digital Assets: Nigeria Predicts Exit From Grey List
April 11, 2025 No Responses

Digital Assets: Nigeria Predicts Exit From Grey List

The Securities and Exchange Commission (SEC) has predicted that the nation may exit the grey list soon with the inclusion of digital assets regulation in the recently signed Investments and Securities Act 2025 by President Bola Ahmed Tinubu.Director General of...
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NSML,Temile Development Company Sign Letter of Intent
April 10, 2025 No Responses

NSML,Temile Development Company Sign Letter of Intent

Photo Caption: Alfred Temile, Managing Director/CEO, Temile Development Company Limited (Left) and Abdulkadir Kere Ahmed, Managing Director/CEO of NLNG Shipping and Marine Services Limited (NSML) after signing Letter of Intent in London on Wednesday. NLNG Ship...
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Shippers’ Council Brainstorm On Regulatory, Operational Capacity
April 10, 2025 No Responses

Shippers’ Council Brainstorm On Regulatory, Operational Capacity

The Nigerian Shippers’ Council (NSC) is set for a significant transformation as the Nigerian Port Economic Regulatory Agency (NIPERA) bill awaits presidential assent from President Bola Ahmed Tinubu.This development was highlighted by NSC’s Executi...
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NLNG Reintroduces N1b MSME Scheme For Host Communities
April 9, 2025 No Responses

NLNG Reintroduces N1b MSME Scheme For Host Communities

NLNG has officially reintroduced its MSME scheme in partnership with the Bank of Industry, Nigeria (BOI), “setting the stage for meaningful economic transformation in our host communities and Gas Transmission areas”.The ₦1billion fund offers acce...
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NADDC Delegation Visits Germany
April 9, 2025 No Responses

NADDC Delegation Visits Germany

A delegation led by the Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin, on Tuesday concluded a tour of the Lucas-Nuelle factory in Kerpen, Germany, as part of a 6-day official trip. According to NADD...
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At Enugu Trade Fair, Dantsoho Implores Traders, investors To Leverage NPA’s Export Processes, Opportunities
April 9, 2025 No Responses

At Enugu Trade Fair, Dantsoho Implores Traders, investors To Leverage NPA’s Export Processes, Opportunities

The Managing Director, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has implored the trading and investing public to explore the tailor-made simplified export processes and other vistas of opportunity present at the Nigerian Ports Authority.Dr Dantsoh...
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NECA Lauds Nigeria Customs Service On Trade Facilitation
April 8, 2025 No Responses

NECA Lauds Nigeria Customs Service On Trade Facilitation

The Nigeria Employers’ Consultative Association (NECA) has commended the Nigeria Customs Service (NCS) for the recent policy reforms and operational improvements introduced under the current administration, particularly in the area of trade facilitation.This...
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Tinubu Mourns Business Icon, Pascal Dozie
April 8, 2025 No Responses

Tinubu Mourns Business Icon, Pascal Dozie

President Bola Ahmed Tinubu, on Tuesday extended his heartfelt condolences to the Dozie family, the business community, and all Nigerians on the passing of Chief (Dr.) Pascal Gabriel Dozie, an elder statesman, entrepreneur, and banker. He was 85.Chief Pascal D...
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Nnamdi Azikiwe International Airport Welcomes Inaugural Direct Flight From Algiers
April 7, 2025 No Responses

Nnamdi Azikiwe International Airport Welcomes Inaugural Direct Flight From Algiers

Nnamdi Azikiwe International Airport, Abuja, on Sunday, April 6th, 2025,welcomed the inaugural direct flight from Algiers, operated by Air Algérie.The Boeing 737 (registration: 7T-VJR) landed at 16:05HRS, with dignitaries from the Nigerian Embassy in Algiers ...
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