Category: Economy

Poultry Farmers Lament Challenges
September 1, 2020 No Responses

Poultry Farmers Lament Challenges

Poultry farmers on Tuesday lamented various challenges facing the sector and appealed for Federal Government’s intervention.   The farmers made the calls in separate interviews with the News Agency of Nigeria NAN)  in Lagos.   Mr Denison Tsekelor, a farmer, said the...
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Gbajabiamila Meets Buhari, Embarks On `Legislative Diplomacy’ To Ghana
September 1, 2020 No Responses

Gbajabiamila Meets Buhari, Embarks On `Legislative Diplomacy’ To Ghana

President Muhammadu Buhari on Tuesday met behind closed door with Speaker, House of Representatives, Femi Gbajabiamila, at the State House, Abuja.   Speaking to State House correspondents at the end of the meeting, Gbajabiamila stated that he was in the...
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Nigerian Active GSM Subscribers Hit 199.3m
September 1, 2020 No Responses

Nigerian Active GSM Subscribers Hit 199.3m

Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta on Tuesday said  active GSM subscribers in the country have increased from 184 million in December 2019 to 199.3 million in May 2020.Danbatta made the disclosure a...
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Okowa Inaugurates Delta Economic Council
August 29, 2020 No Responses

Okowa Inaugurates Delta Economic Council

Delta State Governor, Ifeanyi Okowa  has inaugurated the State’s Economic Council, with a charge to members to institute a strong, credible and enduring platform for diversification of the economy.  The governor, at the ceremony, in Asaba on F...
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Market Capitalisation Recovers N2b As Volume Drop By 45.46 Per Cent
August 28, 2020 No Responses

Market Capitalisation Recovers N2b As Volume Drop By 45.46 Per Cent

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 45.46 per cent. However, the market capitalisation rose by two billion naira or 0.02 per cent to close at N13.203 trillion against N13.201 trillion recorded...
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NPA To Receive 27 Ships At Lagos Seaports
August 28, 2020 No Responses

NPA To Receive 27 Ships At Lagos Seaports

The Nigerian Ports Authority (NPA) is expecting 27 ships laden with petroleum products, food items and other goods from August  28 to September 5, 2020.   According to NPA’s `Shipping Position’, the ships are expected to arrive at the Lagos Port...
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NEXIM Bank, Yobe Seal Export MoU
August 26, 2020 No Responses

NEXIM Bank, Yobe Seal Export MoU

The Nigerian Export- Import Bank (NEXIM), on Wednesday in Abuja signed a Memorandum of Understanding (MOU) with the Yobe State Government on sustainable economic development in the state.   The Managing Director of the bank, Mr Abba Bello in a...
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NLNG, LCCI Promote Solutions In Carbon Reduction, Bioenergy
August 26, 2020 No Responses

NLNG, LCCI Promote Solutions In Carbon Reduction, Bioenergy

Nigeria LNG Limited (NLNG), in partnership with the Lagos Chamber of Commerce and Industry (LCCI), recently, presented the winning work of The Nigeria Prize for Science 2019, to industry players as part of measures to help reduce the country’s carbon...
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Market Capitalisation Sustain Growth By N20b
August 26, 2020 No Responses

Market Capitalisation Sustain Growth By N20b

The bulls continued to dominate trading on the Nigerian Stock Exchange (NSE) on Wednesday with the key market indices improving further by 0.15 per cent.   Specifically, the NSE All-Share Index which opened at 25,291.73 inched higher by 38.37 points...
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Heritage Bank’s Academy, CBN, 25 Others Receive CIBN’s Certificates of Accreditation
August 26, 2020 No Responses

Heritage Bank’s Academy, CBN, 25 Others Receive CIBN’s Certificates of Accreditation

The Chartered Institute of Bankers of Nigeria (CIBN) has official presented Certificates of Accreditation to Heritage Bank Plc Academy known as “The Refinery” and the Central Bank of Nigeria (CBN) Learning Centre.   The Institute via a Zoom virtual platf...
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NECA Implore Stakeholders On Economic Growth
August 25, 2020 No Responses

NECA Implore Stakeholders On Economic Growth

The Nigeria Employers’ Consultative Association (NECA) has called for concerted efforts by all stakeholders to move the nation’s economy away from a downward slide.  The Director-General of NECA, Mr Timothy Olawale, made the call on Monday in Lagos fo...
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Ibeju-Lekki Youths Reap Benefits of Dangote Refinery Vocational Training
August 24, 2020 No Responses

Ibeju-Lekki Youths Reap Benefits of Dangote Refinery Vocational Training

Many indigent youths in Ibeju-Lekki area of Lagos State are now counting their fortunes and reaping the benefits from the first batch of the vocational training programme organized by Dangote Oil Refinery.   So far, according to a statement, some of....
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SON Develops Standards For Livestock Feeds
August 22, 2020 No Responses

SON Develops Standards For Livestock Feeds

The Standards Organisation of Nigeria (SON) has developed new standards for animal and livestock feeds value chain to support Federal Government efforts in achieving food security.   Director- General of SON, Mr Osita Aboloma,  made this known in a ...
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Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue
August 21, 2020 No Responses

Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue

Representatives of Department of Petroleum Resources (DPR) were queried by the Senate on Friday for remitting only N44. 5 billion into the Consolidated Revenue Fund in 2019 out of N2.4 trillion generated.   This is as heads of many of...
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