Category: Economy

Hassan Bello: Rail Remains Game Changer For Nigeria’s Economy
August 16, 2020 No Responses

Hassan Bello: Rail Remains Game Changer For Nigeria’s Economy

Rail transport remains game changer for Nigeria’s economy and future, Executive Secretary of Nigerian Shippers’ Council (NSC ), Hassan Bello, has said      Speaking on the sideline during  the inspection tour of the Lagos-Ibadan rail project by the Ministers of Transportation,...
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NPA Receives Largest Container Vessel Ever At Onne Ports
August 16, 2020 No Responses

NPA Receives Largest Container Vessel Ever At Onne Ports

The Nigerian Ports Authority (NPA) on Sunday announced the berthing of the biggest container vessel to ever dock at a Nigerian Seaport.   General Manager, Corporate and Strategic Communications, Mr Adams Jatto, in a statement explained that the ...
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SEC Nigeria Holds 1st CMC Meeting In 2020
August 16, 2020 No Responses

SEC Nigeria Holds 1st CMC Meeting In 2020

The Securities and Exchange Commission (SEC) on Sunday announced that the first Capital Market Committee (CMC) meeting in 2020 is scheduled to hold from Thursday August 20 to Friday August 21, 2020.     A CMC Meeting planned for April 2020 could n...
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DPR Pledges To Create Business Opportunities In Oil, Gas Industry
August 16, 2020 No Responses

DPR Pledges To Create Business Opportunities In Oil, Gas Industry

The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and gas industry.   A statement by Mr Paul Osu, the Head, Public Affairs in DPR,...
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Nigeria Earmarks N2.5b For Development Of Wawa-Zange Grazing Reserve
August 14, 2020 No Responses

Nigeria Earmarks N2.5b For Development Of Wawa-Zange Grazing Reserve

The Federal Ministry of Agriculture and Rural Development has earmarked N2.5 billion for the development of Wawa/Zange grazing reserve in Gombe.   Dr Musa Inuwa, the Director in charge of the Gombe office of the ministry disclosed this in an interview...
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NSE Turnover Rises by 86.97%, Other Indices Down 0.15%
August 14, 2020 No Responses

NSE Turnover Rises by 86.97%, Other Indices Down 0.15%

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday rose by 86.97 per cent, just as the market indices dipped by 0.15 per cent.   Specifically, investors traded 482.52 million shares valued at N4.52 billion in 3,897...
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Sokoto Partners UK On ICT Development
August 14, 2020 No Responses

Sokoto Partners UK On ICT Development

The Sokoto State Government on Friday said it was collaborating with the United Kingdom (UK) agency to improve the Information and Communications Technology (ICT) sector in the state.   Governor Aminu Tambuwal made the announcement in a statement issued in...
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MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent
August 13, 2020 No Responses

MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent

Transactions maintained upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains.   Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with...
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Nigerian Navy, NEXIM Bank Seal Inland Waterways MoU
August 13, 2020 No Responses

Nigerian Navy, NEXIM Bank Seal Inland Waterways MoU

The Nigerian Navy on Thursday signed a Memorandum of Understanding (MoU) with the Nigerian Export-Import Bank (NEXIM), to open up the nation’s inland waterways to boost maritime movement of goods and service.    The aimed to enhance economic trade and....
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Diri Urges Agip To Relocate To Bayelsa
August 13, 2020 No Responses

Diri Urges Agip To Relocate To Bayelsa

Bayelsa State Governor, Douye Diri has urged the Nigerian Agip Oil Company (NAOC) to relocate its operational headquarters to Bayelsa where it operated most oilfields and Brass oil export terminal. Diri, made the call at the virtual inauguration of the...
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Market Capitalisation Recovers N135b
August 12, 2020 No Responses

Market Capitalisation Recovers N135b

The Nigerian Stock Exchange (NSE) on Wednesday posted first week gain with the market capitalisation rebounding by N135 billion, amid renewed investor interest.   Speficially, the market capitalisation inched higher by N135 billion or 1.04 per cent to close a...
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Maritime Agencies Unveil 24-Hour Seaports’ Agenda
August 11, 2020 No Responses

Maritime Agencies Unveil 24-Hour Seaports’ Agenda

Heads of maritime agencies in Nigeria have agreed to work on modalities for a quick commencement of 24 hours operation at the ports.    Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this ...
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Nigeria Inaugurates Gas Network Code
August 10, 2020 No Responses

Nigeria Inaugurates Gas Network Code

The Federal Government has inaugurated the Nigeria Gas Transportation Network Code to  deepen the growth of gas market in the country. The Minister of State for Petroleum Resources, Chief Timipre Slyva, disclosed this at the Virtual launch of The Go-Live...
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Stakeholders Advocate Right Pricing For Aviation Ground Handling Services
August 10, 2020 No Responses

Stakeholders Advocate Right Pricing For Aviation Ground Handling Services

Nigeria’s leading Aviation Ground Handling companies; Aviation Handling Services (AHS),Nigerian Aviation Handling Company Plc (Nahco Aviance) and the Skyway Aviation Handling Company (SAHCO) Plc have been urged to consider price adjustment, instead of pr...
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