Category: Economy

Stockbrokers Project Nigeria’s Economic Growth In 2023
January 24, 2023 No Responses

Stockbrokers Project Nigeria’s Economic Growth In 2023

Stockbrokers have assured the investing public that the economy has strong potential to bounce back this year.   They said this at an event organised by Chartered Institute of Stockbrokers (CIS) on “The Nigerian Economic Review of 2022 and Outlook for...
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Photo News
January 24, 2023 No Responses

Photo News

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FirstBank To Hold 2023 Economic Outlook Webinar 
January 19, 2023 No Responses

FirstBank To Hold 2023 Economic Outlook Webinar 

First Bank of Nigeria is to hold its 2023 Nigeria Economic Outlook webinar to deliberate on national and global trends that will shape economic landscape in the new fiscal year.  The Group Head, Marketing and Corporate Communications of FirstBank, Mrs...
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FG, States, Local Councils Share N990.189b For Dec 2022  
January 18, 2023 No Responses

FG, States, Local Councils Share N990.189b For Dec 2022  

The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for the month of December 2022.   This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of...
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Kia Carens Wins Indian Car Of The Year Award
January 18, 2023 No Responses

Kia Carens Wins Indian Car Of The Year Award

The Kia Carens has been crowned as the Indian Car of the Year (ICOTY) 2023 and the Kia EV6 won the Green Car Award 2023 by ICOTY.   A statement sent to City Business News explained that with this, Kia...
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Economist Tasks FG On Production, Borrowings
January 18, 2023 No Responses

Economist Tasks FG On Production, Borrowings

The Managing Director/Chief Economist at Analysts Data Service and Resources Limited,  Dr Afolabi Olowookere, has said that the Federal Government needs to revive and concentrate on production, review its trade-industrial policy and borrow innovatively for Ni...
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Jime Calls For Dismantling Of Tariff, Non-Tariff Barriers To Intra African Trade
January 17, 2023 No Responses

Jime Calls For Dismantling Of Tariff, Non-Tariff Barriers To Intra African Trade

The Executive Secretary, Nigerian Shippers’ Council (NSC), Emmanuel Jime has urged African countries in West, Central Africa sub-region to fast-track the dismantling of various tariff and non-tariff barriers hindering intra-Africa trade. Jime, in his welcome...
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Buhari Harps On International Trade, Benefits Of AfCFTA
January 17, 2023 No Responses

Buhari Harps On International Trade, Benefits Of AfCFTA

President Muhammadu Buhari has challenged African countries to expand and diversify their participation in international trade as part of measures to explore the benefits of the African Continental Free Trade Agreement (AfCFTA).   Buhari stated this ...
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FG Earns $4.820b From Non-Oil Export In 2022 
January 14, 2023 No Responses

FG Earns $4.820b From Non-Oil Export In 2022 

Nigeria recorded a non-oil export earnings of $4.820 in 2022, the Nigerian Export Promotion Council (NEPC), disclosed on Friday in Abuja.  Presenting the 2022 non-oil export report, the Executive Director/CEO of NEPC, Dr Ezra Yakusak explained that this r...
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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 62...
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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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