Category: Economy

5G Spectrum: NCC Issues Final Letters Of Licence Awards to MTN, Mafab Communications 
May 4, 2022 No Responses

5G Spectrum: NCC Issues Final Letters Of Licence Awards to MTN, Mafab Communications 

The Nigerian Communications Commission (NCC) on Wednesday confirmed issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Monday, December...
read more
Dangote Cement Completes N116b Bonds
May 4, 2022 No Responses

Dangote Cement Completes N116b Bonds

‘ Dangote Cement has completed its N116 billion series 2 bond issuance which is the largest corporate bond issuance in the Nigerian capital market.    In a statement published on the Nigerian Exchange Ltd Website on Wednesday, the company expla...
read more
Lekki Port: Nigeria To Earn $201b, Generates 169,972 Jobs
May 4, 2022 No Responses

Lekki Port: Nigeria To Earn $201b, Generates 169,972 Jobs

The Federal Government of Nigeria and the Lagos State government will earn revenue of over $201 billion in 45 years and generate 169,972 jobswhen the Lekki Deep Sea Port becomes fully operational, Minister of Information and Culture, Alhaji Lai Mohammed s...
read more
Nigeria To Host Gulf Of Guinea Maritime Security Conference
May 3, 2022 No Responses

Nigeria To Host Gulf Of Guinea Maritime Security Conference

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy in partnership with the Inter-Regional Coordination Centre (ICC) Yaoundé have concluded arrangements to host the fifth plenary of the Gulf of Guinea Mari...
read more
NPA Implores Stakeholders On Rules, Regulations
May 2, 2022 No Responses

NPA Implores Stakeholders On Rules, Regulations

The Nigerian Ports Authority NPA has pledged to ensure every port player plays by the rule of engagement. The General Manager, Monitoring and Regulatory Services, Eniola Williams gave the assurance in Lagos, during a tour of the ports, by the...
read more
Flour Mills Secures Approval To Acquire 76% Stake In Honeywell
April 30, 2022 No Responses

Flour Mills Secures Approval To Acquire 76% Stake In Honeywell

Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by...
read more
Ministry Tasks LADOL On Local Content, Youth Employment  
April 30, 2022 No Responses

Ministry Tasks LADOL On Local Content, Youth Employment  

The Permanent Secretary, Ministry of Transportation, Dr Magdalene Ajani, has urged the Lagos Deep Offshore Logistics Base (LADOL), to promote local content and youth employment.   Ajani, in a statement said this was in furtherance of the Federal Governmen...
read more
20 Pension Fund Administrators Meet Deadline For N5b Minimum Capital 
April 30, 2022 No Responses

20 Pension Fund Administrators Meet Deadline For N5b Minimum Capital 

Twenty Pension Fund Administrators (PFAs) met PenCom’s deadline to increase their Minimum Regulatory Capital (shareholders’ fund) from N1 billion to N5 billion by April 27.   Pension Commission (PenCom) made the declaration in a statement it issued in Lag...
read more
MAN Tasks FG On Speedy Implementation Of AfCFTA
April 29, 2022 No Responses

MAN Tasks FG On Speedy Implementation Of AfCFTA

The Manufacturers Association of Nigeria (MAN) has tasked the Federal Government to speedily commence the implementation of the African Continental Free Trade Area (AfCFTA) to support its industrialisation agenda and for competitiveness.  The President of...
read more
Nigeria Budgets N50b To Position Export Oriented Businesses 
April 27, 2022 No Responses

Nigeria Budgets N50b To Position Export Oriented Businesses 

The Federal Government has committed N50 billion toward positioning export-oriented businesses in Nigeria, Vice President Yemi Osinbajo, said on Tuesday in Abuja.   Speaking at a two-day National Conference on Non-oil Export organised by the Nigerian...
read more
<strong>Delta Seeks N150b Credit Facility From Zenith Bank, Others</strong>
April 27, 2022 No Responses

Delta Seeks N150b Credit Facility From Zenith Bank, Others

The Delta House of Assembly has approved a request by  Governor  Ifeanyi Okowa for a bridging finance facility of N150 billion in favour of the state government.  The governor’s request  is contained in a letter which was read at&nbs...
read more
Fidelity Bank Drives Non-Oil Exports Awareness In North Central Through RT200 FX Seminar 
April 15, 2022 No Responses

Fidelity Bank Drives Non-Oil Exports Awareness In North Central Through RT200 FX Seminar 

Governor Simon Lalong of Plateau state has lauded the RT200 FX Programme by the Central Bank of Nigeria’s (CBN), stating that the nation stands to gain a lot in terms of expanding its foreign exchange earning capacity through previously underutilis...
read more
Buhari Orders Release Of 40,000 Tons Of Grains
April 13, 2022 No Responses

Buhari Orders Release Of 40,000 Tons Of Grains

President Muhammadu Buhari has approved the immediate release of 40,000 metric tons of assorted grains from the Strategic Grains Reserve, to assist less-privileged Nigerians to celebrate the forthcoming Easter and Sallah festivities.  The Minister of Agricult...
read more
Fidelity Bank Takes Non-Oil Exports Campaign To North Central
April 11, 2022 No Responses

Fidelity Bank Takes Non-Oil Exports Campaign To North Central

Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy.   ...
read more
1 … 58 59 60 61 62 … 110