Category: Economy

Nigerian Shipping And Port Economic Regulatory Agency Bill 2023 Passes Second Reading
February 16, 2024 No Responses

Nigerian Shipping And Port Economic Regulatory Agency Bill 2023 Passes Second Reading

As part of the Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola’s Key Performance Indicator (KPI) for the year 2024, as signed in the performance bond by agencies, the Bill which seeks to repeal the Nigerian Shippers’ Council...
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Delta Inaugurates Oil Palm Mill
February 16, 2024 No Responses

Delta Inaugurates Oil Palm Mill

Delta State Governor, Sheriff Oborevwori has inaugurated a 10-metric tonnes per hour oil palm processing mill at Akwukwu-Igbo in Oshimili North Local Government Area of the state. Oborevwori stated that the inauguration of the plant at Norsworthy Farms and Agr...
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NADDC Partners Bosch Africa On Components Manufacturing, After- Sales,Others 
February 15, 2024 No Responses

NADDC Partners Bosch Africa On Components Manufacturing, After- Sales,Others 

As part of measures to promote development of automotive industry in Nigeria, the National Automotive Design and Development Council (NADDC) has engaged Bosch Africa on strategic partnership to boost  investment in the local auto industry. Speaking at the...
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Ogun Unveils N5billion Palliatives For Residents
February 15, 2024 No Responses

Ogun Unveils N5billion Palliatives For Residents

Ogun State Governor, Dapo Abiodun, has announced the commencement of N5 billion palliatives as part of measures to cushion the impact of the current socio-economic hardship being experienced by residents. Briefing Journalists on Wednesday, the Governor also ap...
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Lagos Flags Off Distribution Of N750m To Market Traders
February 15, 2024 No Responses

Lagos Flags Off Distribution Of N750m To Market Traders

The Lagos State Governor, Mr. Babajide Sanwo-Olu has flagged off the distribution of N750 Million to 15,000 market traders as cash support with each beneficiary receiving N50,000 under the ‘Lagos Market Trader Money’, In his address on Wednesday, Sanwo...
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Ecobank MySME Growth Webinar Series: Expert Makes Case For eCommerce To Grow Small Businesses
February 15, 2024 No Responses

Ecobank MySME Growth Webinar Series: Expert Makes Case For eCommerce To Grow Small Businesses

Operators of small and medium enterprises (SMEs) in the country have been advised to leverage on eCommerce to boost sales and grow their business.  This view was canvassed by Chief Commercial Officer, Jumia Nigeria, Ijeoma Arum,  in her presentation ...
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AfCFTA: NCDMB Advocates Database of Skills, Uniform Standards For Goods, Services
February 15, 2024 No Responses

AfCFTA: NCDMB Advocates Database of Skills, Uniform Standards For Goods, Services

As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation of a database of av...
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Seplat Energy Attains ISO 26000 On Social Responsibility
February 14, 2024 No Responses

Seplat Energy Attains ISO 26000 On Social Responsibility

Seplat Energy Plc has achieved the ISO 26000 endorsement, which is a major milestone that reinforces the Company’s commitment to social responsibility.   The Company’s ISO 26000 journey commenced in September 2021 and was concluded in 2...
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Oyetola Receives Port Community System Report, Lauds NPA 
February 13, 2024 No Responses

Oyetola Receives Port Community System Report, Lauds NPA 

The Minister of Marine and Blue Economy, Adegboyega Oyetola CON, on Tuesday, formally received the report for the implementation of the Port Community System (PCS) in Nigeria, a move that will enhance the ease of doing business in ports within...
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Experts Task Govt On Enabling Environment For Real Sector’s Growth 
February 13, 2024 No Responses

Experts Task Govt On Enabling Environment For Real Sector’s Growth 

Notwithstanding mounting challenges in the nation’s economy, experts in the housing industry have said that huge opportunities abound in the country’s real estate sector. They agreed that the sector’s low contribution to the GDP has potential to grow...
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Cardoso To Nigerians: Moderate Demand For Forex
February 10, 2024 No Responses

Cardoso To Nigerians: Moderate Demand For Forex

The Governor, Central Bank of Nigeria, (CBN), Olayemi Cardoso has implored Nigerians to cut down on their demand for forex. “We must moderate our demands for forex. Where there are opportunities to substitute locally, so we should.” the CBN governor...
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APM Terminals To Invest $500m In Apapa Port
February 10, 2024 No Responses

APM Terminals To Invest $500m In Apapa Port

The owners of APM Terminals have expressed their readiness to invest half a billion dollars in Apapa port to make it one of the biggest in Africa. This was disclosed by the Global CEO of APM Terminals, Mr. Keith Svendsen...
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Shell Seeks NCDMB’s Support For Oil, Gas Projects
February 9, 2024 No Responses

Shell Seeks NCDMB’s Support For Oil, Gas Projects

The leadership of Shell Companies in Nigeria on Wednesday sought the support of the Nigerian Content Development and Monitoring Board (NCDMB) to achieve accelerated development of three major oil and gas projects notably Bonga North deepwater and HI and HA,...
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How Interest Rate, Inflation, and Exchange Rate Will Shape Economic Growth In 2024, By Augusto & Co
February 9, 2024 No Responses

How Interest Rate, Inflation, and Exchange Rate Will Shape Economic Growth In 2024, By Augusto & Co

A Pan-African Credit Rating Agency Agusto & Co has identified three major economic variables that are likely to have a fareaching impact on Nigeria’s growth in Gross Domestic Product (GDP) in 2024.Agusto & Co is a leading provider of industry...
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