Category: Economy

DPR Implores Lubricant Producers On Export
July 22, 2020 No Responses

DPR Implores Lubricant Producers On Export

Director, Department of Petroleum Resources (DPR), Mr Auwalu Sarki,  has enjoined lubricant producers in the country to look beyond the shores of Nigeria and target the export market in the distribution of their products. A statement signed by Mr Paul Osu, Head,...
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Ogun Generates N15.11b Revenue In Six Months
July 22, 2020 No Responses

Ogun Generates N15.11b Revenue In Six Months

The Ogun Internal Revenue Service (OGIRS), on Wednesday said it generated N15.11 billion revenue between January and June for the state government.  Mr Adekunle Adeosun, the Head of the Agency, stated this while appearing before members of Ogun ...
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Access Bank Rewards 1,000 Customers With N87.74m
July 22, 2020 No Responses

Access Bank Rewards 1,000 Customers With N87.74m

Access Bank Plc on Wednesday splashed N87.74 million on over 1,000 customers who emerged winners at the second quarterly draw of DiamondXtra Season 12 reward scheme. Mr Rob Giles, the bank’s Head, Retail Product Insight and Capabilities, said the winners...
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APPEALS Project Admits 12 More States, Empowers 10,200 Women, Youth
July 21, 2020 No Responses

APPEALS Project Admits 12 More States, Empowers 10,200 Women, Youth

  By citybusinessnews@yahoo.com The Agro-Processing Productivity Enhancement And Livelihood Improvement Support Project (APPEALS) has selected not less than 10,200 Women and Youth for training on all value chains and business modules on agribusinesses. &nbs...
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FIRS Clarifies Stamp Duty Rates
July 21, 2020 No Responses

FIRS Clarifies Stamp Duty Rates

The Federal Inland Revenue Service (FIRS) has published detailed information to guide taxpayers and the general public on rates payable as stamp duty. Director Communications and Liaison Department of the FIRS, in a statement on Tuesday said the clarification ...
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Naira Exchanges At N472 To Dollar At Parallel Market
July 21, 2020 No Responses

Naira Exchanges At N472 To Dollar At Parallel Market

The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos State, the News Agency of Nigeria (NAN) reports. The Pound Sterling and the Euro also exchanged for N575 and N530 respectively. The Naira, however,...
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Lagos To Empower 2,743 Farmers July 28
July 21, 2020 No Responses

Lagos To Empower 2,743 Farmers July 28

Not less than 2,743 farmers and other agriculture value chain operators will receive agricultural inputs and productive assets under the Lagos State 2020 Agricultural Value Chains Empowerment Programme on July 28. The Acting Commissioner for Agriculture, Ms Ab...
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NPA Seeks More Truck Parks Outside Seaport Environment
July 21, 2020 No Responses

NPA Seeks More Truck Parks Outside Seaport Environment

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated need for  more truck terminals outside seaport environment.  Speaking at the 14th Annual Business Law e-conference, Bala Usman also explained that NPA is n...
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Heritage Bank Upgrades HB ‘Padie’ Mobile App
July 21, 2020 No Responses

Heritage Bank Upgrades HB ‘Padie’ Mobile App

Heritage Bank has upgraded its HB ‘Padie’ mobile application to HB ‘Padie’ 2.0, which comes with new improved features for convenient, quick, secure and affordable way for seamless 24/7 banking transaction.     A statement explained that the HB ‘...
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Farmers Laud CBN’s Ban On Maize Importation
July 21, 2020 No Responses

Farmers Laud CBN’s Ban On Maize Importation

Farmers under the aegis of Maize Growers Processors and Marketers Association of Nigeria (MAGPAMAN) on Sunday applauded the Central Bank of Nigeria (CBN) for stopping maize importation to boost local production. Some of the farmers, who spoke with the News...
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Labour Commends FIRS Over Increase In Revenue Generation
July 21, 2020 No Responses

Labour Commends FIRS Over Increase In Revenue Generation

Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has commended the management team of the Federal Inland Revenue Service (FIRS) for considerably boosting Federal Government revenue via stamp duty collection just as it...
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SEC Nigeria Pledges To Attract More Investors
July 21, 2020 No Responses

SEC Nigeria Pledges To Attract More Investors

Director General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda at the weekend, pledged the determination of the current management of the Commission to make the capital market more accessible to Nigerians in a bid to attract more investors. &nbs...
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NIMASA Advocates Tougher Sanctions Against Untrained,Uncertified Boat Skippers
July 21, 2020 No Responses

NIMASA Advocates Tougher Sanctions Against Untrained,Uncertified Boat Skippers

The Nigerian Maritime Administration and Safety Agency (NIMASA)has vowed to go tougher with untrained and uncertified boat skippers, who often ignored safety procedures and endanger the passengers’ lives. Director-General of NIMASA, Dr Bashir Jamoh...
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Industrialist Implores Youths On Palm Kernel Business
July 19, 2020 No Responses

Industrialist Implores Youths On Palm Kernel Business

An Entrepreneur, Mr Charles Emmanuel, has urged Nigerian youths to tap into Palm Kernel Oil (PKO) business as part of measures to be self-reliant and contribute to the nation’s development. The entrepreneur made the call in an interview with the...
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