Category: Economy

Report: UK Faces Worst Downturn Of Any Advanced Economy
November 23, 2022 No Responses

Report: UK Faces Worst Downturn Of Any Advanced Economy

(BBC) The UK economy will suffer a bigger blow from the global energy crisis than other leading nations, according to international body the Organisation for Economic Cooperation and Development.  The UK will contract by more than any other nation in...
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Air Peace Resumes Monrovia Dec 2  
November 22, 2022 No Responses

Air Peace Resumes Monrovia Dec 2  

West and Central Africa’s largest carrier, Air Peace, is set to resume its Monrovia service on December 2, 2022, a news release issued by the airline on Monday, November 21, 2022, has revealed.    Stanley Olisa, Spokesperson for Air Peace, dis...
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DMO Offers N100b “Sukuk” Bonds At N1,000 Per Unit
November 21, 2022 No Responses

DMO Offers N100b “Sukuk” Bonds At N1,000 Per Unit

The Debt Management Office (DMO) offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit on Monday on behalf of the Federal Government.   It stated in Abuja that the offer is of 10-year tenor due for maturity...
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Ecobank Nigeria Takes Financial Literacy To Markets, Sensitizes Traders On New Naira Notes  
November 21, 2022 No Responses

Ecobank Nigeria Takes Financial Literacy To Markets, Sensitizes Traders On New Naira Notes  

Ecobank Nigeria, an affiliate of the leading pan-African banking group, the Ecobank Group has taken financial literacy and inclusion to traders in several markets across the country being part of activities to mark “Ecobank Day”, 2022.   Cit...
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FG Inaugurates `Export4Survival’ Campaign 
November 21, 2022 No Responses

FG Inaugurates `Export4Survival’ Campaign 

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IMO Scribe Harps On Nigeria’s Strategic Role In Global Economy  
November 21, 2022 No Responses

IMO Scribe Harps On Nigeria’s Strategic Role In Global Economy  

By Moses Ebosele, ebosele@hotmail.com   The Secretary General of the International Maritime Organization, Kitack Lim has described Nigeria as a very important country not only to Africa, but to the global economy.   City Business News reports ...
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Coscharis Motors Woos Ford Customers With Black Friday Deals  
November 21, 2022 No Responses

Coscharis Motors Woos Ford Customers With Black Friday Deals  

Frontline Nigerian automobile dealership and sole authorized dealer of Ford vehicles in Nigeria, Coscharis Motors has launched a promo aimed at tickling her existing Ford customers and getting them excited this black Friday season.   City Business News report...
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NAFDAC Acting D-G   Convenes Meeting With Directors
November 19, 2022 No Responses

NAFDAC Acting D-G   Convenes Meeting With Directors

The acting Director-General of the National Agency for Food Drug Administration and Control (NAFDAC), Dr Monica Eimunjeze, will on Tuesday convene a meeting with directors of the agency. The Director of Public Affairs of the agency, Dr Jimoh Abubakar, told...
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FG Seeks Reliable Agric Data For Effective Policy Formulation
November 19, 2022 No Responses

FG Seeks Reliable Agric Data For Effective Policy Formulation

Prince Clem Agba, Minister of State for Budget and National Planning has called for reliable agriculture-related data for effective policy formulation and strategies. Agba made the call at the 2022 African Statistics Day Celebration (User/Producer Dialogue) he...
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NIMASA Seeks BPSR  Guidance To Strengthen Reforms
November 18, 2022 No Responses

NIMASA Seeks BPSR  Guidance To Strengthen Reforms

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Thursday approached the Bureau of Public Service Reforms (BPSR) to strengthen its reforms unit for effective service delivery in line with the Federal Government’s plan.  Aisha Jidda, Di...
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Sylva Lauds UTM Offshore, Technical Partners On Nigeria’s First Floating LNG Facility 
November 18, 2022 No Responses

Sylva Lauds UTM Offshore, Technical Partners On Nigeria’s First Floating LNG Facility 

Nigeria’s quest for energy transition received a huge boost on Wednesday when an indigenous firm, UTM Offshore Limited signed agreements with three technical partners, Kellogg Brown and Root (KBR) UK, Japan Gas Corporation (JGC) and Technip Energies Limited,...
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NPA Inaugurates Export Processing Terminal In Lagos
November 2, 2022 No Responses

NPA Inaugurates Export Processing Terminal In Lagos

The Nigerian Ports Authority (NPA), on Tuesday, inaugurated export processing terminal, Diamond Star Export Processing Terminal in Lagos.  The terminal situated at Lilypond in Ijora, would ensure speedy and seamless processing of export cargoes accessing ...
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Conoil Shareholders Get N1.7b Dividend For 2021  
October 28, 2022 No Responses

Conoil Shareholders Get N1.7b Dividend For 2021  

Shareholders of Conoil Plc, at the weekend, unanimously approved the proposed final dividend payout of N1.734 billion, which translates to N2.50 per share, for the 2021 financial year.   The dividend payment ratified at the company’s 52nd Annual General...
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Union Bank Wins Global Finance Award For Best SME Bank    
October 28, 2022 No Responses

Union Bank Wins Global Finance Award For Best SME Bank    

Union Bank of Nigeria has been named as the Best Small and Medium Enterprises (SME) bank in Nigeria by Global Finance – a leading financial international publication, in its second annual 2023 SME Bank Awards.   A statement sent to...
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