Category: Economy

Traditional Ruler Cautions Against Use Of Chemicals For Fishing
July 11, 2022 No Responses

Traditional Ruler Cautions Against Use Of Chemicals For Fishing

A traditional ruler in Nasarawa State,  Alhaji Usman Abdullahi, has advised the residents of his area and other Nigerians against the use of chemicals for fishing. Abdullahi, the ‘Ehimega Opand, said it was to avoid water pollution and in the interest...
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Abia Awaits DMO’s Nod To Commence Work On Dry Port  
July 7, 2022 No Responses

Abia Awaits DMO’s Nod To Commence Work On Dry Port  

The Commissioner for Transport in Abia State, Chief Godswill Nwanoruo, on Wednesday, said the state is awaiting the Debt Management Office’s (DMO) nod to start construction work at the Isiala Ngwa Dry Port.Nwanoruo disclosed this in an interview with the...
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Income Tax Returns: FIRS Extends Due Date For Companies 
July 5, 2022 No Responses

Income Tax Returns: FIRS Extends Due Date For Companies 

The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end...
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Work Bank Seeks Accelerated Implementation Of NG-CARES By States
June 17, 2022 No Responses

Work Bank Seeks Accelerated Implementation Of NG-CARES By States

The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) has urged the 36 states of the federation and the Federal Capital Territory (FCT) to accelerate the implementation of the programmes.  Prof. Foluso Okunmadewa, the World Bank, Lead Spec...
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Osinbajo Urges Caution On Economic Sovereignty
June 14, 2022 No Responses

Osinbajo Urges Caution On Economic Sovereignty

Africa’s developmental aspirations can be actualised by deepening cooperation and collaboration with the rest of the world, Vice President Yemi Osinbajo has said.  Osinbajo’s spokesman, Laolu Akande, in a statement on Monday explained that the vice pr...
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First Bank Trains 80 Women Entrepreneurs On Export  
June 9, 2022 No Responses

First Bank Trains 80 Women Entrepreneurs On Export  

The Nigeria Export Promotion Council (NEPC) in collaboration with First Bank of Nigeria has commenced training of 80 women entrepreneurs in modern export skills in Sokoto State.  The Head, Trade Promotion Advisor, NEPC, Sokoto Smart Office, Mr Ahmed Yahay...
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FirstBank Partners ELOY Foundation To Empower Women Entrepreneurs 
June 8, 2022 No Responses

FirstBank Partners ELOY Foundation To Empower Women Entrepreneurs 

First Bank of Nigeria has brokered a partnership with ELOY Foundation to create a business shower initiative that will support female entrepreneurs. The bank made this known on Tuesday in a statement issued by Mrs Folake Ani-Mumuney, Group Head, Marketing...
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World Bank Implores Africa On Green, Sustainable Bonds 
May 28, 2022 No Responses

World Bank Implores Africa On Green, Sustainable Bonds 

The World Bank has said that Green, Social and Sustainable (GSS) bonds could contribute to Africa’s sustainable economy.  Mr Jorge Calderon, the Vice President and Treasurer, World Bank Treasury said this at a virtual workshop on GSS Bond Market Develop...
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Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others
May 20, 2022 No Responses

Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others

The Edo State Governor, Mr. Godwin Obaseki, has said the development of the Benin River Port will guarantee the diversification of the nation’s economy from oil into the non-oil sector such as agriculture and agro-allied businesses, placing the country on...
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NLNG At 33, Counts Gains
May 17, 2022 No Responses

NLNG At 33, Counts Gains

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) has reiterated its commitment to provide cleaner energy to Nigeria and the world.  In a message to mark 33 years of existence on Tuesday, the Managing Director/Chief Execu...
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NCDMB To Host Summit On Midstream, Downstream Operations
May 17, 2022 No Responses

NCDMB To Host Summit On Midstream, Downstream Operations

 By Moses Ebosele, ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the maiden edition of the Nigerian Content Midstream/Downstream Oil & Gas Stakeholders Summit, with theme, Maximizing...
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Dangote Cement Declares N413.2b Revenue, ₦105.9b Profit In Q1
May 17, 2022 No Responses

Dangote Cement Declares N413.2b Revenue, ₦105.9b Profit In Q1

For the first quarter (Q1) of 2022 ended March 31, 2022, Dangote Cement Plc recorded unaudited 24.2 percent increase in revenue and an 18 percent increase in profit after tax, amounting to N413.2 billion revenue and profit after tax of₦105.9 billion...
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NPA May Revoke Concession Agreement  
May 16, 2022 No Responses

NPA May Revoke Concession Agreement  

The Nigerian Ports Authority (NPA) has disclosed that five terminal operators are being monitored to ensure they do the right things as regards their commitment and obligations as agreed under the Port Concession agreement.    Speaking at an interact...
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NPA Partners NLNG On Vessel Traffic Services
May 16, 2022 No Responses

NPA Partners NLNG On Vessel Traffic Services

By  ebosele@hotmail.com The Nigerian Ports Authority (NPA) is working closely with the Nigeria Liquefied Natural Gas (NLNG) to deploy Vessel Traffic Services (VTS) in Bonny.    Already, arrangements are being put in place for survey as part...
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