Category: Economy

At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review
January 26, 2024 No Responses

At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

The Group Managing Director and Chief Executive Officer, Nigerian Exchange Group Plc, Temi Popoola has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign capital inflows.  Popoola stated this...
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NOVAmbl Asset Management Dollar Fixed Income Fund Bags 2023 Best Performance Award
January 26, 2024 No Responses

NOVAmbl Asset Management Dollar Fixed Income Fund Bags 2023 Best Performance Award

NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). N...
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Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project
January 26, 2024 No Responses

Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco.  The discussion which was held on the sidelines of a...
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Tin Can Island Customs Intercepts Cocaine, Colorado Worth N4.27b
January 25, 2024 No Responses

Tin Can Island Customs Intercepts Cocaine, Colorado Worth N4.27b

The Nigeria Customs Service, Tin Can Island Command has intercepted four containers laden with illicit drugs, arms and ammunition imported from South Africa and Canada.Comptroller General of the Service, Adewale Adeniyi disclosed this while addressing journali...
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FIRS Targets N19tri In 2024, Attains N12tri In 2023
January 25, 2024 No Responses

FIRS Targets N19tri In 2024, Attains N12tri In 2023

For the year 2023, the Federal Inland Revenue Service (FIRS), collected N12.374 trillion as tax revenue, surpassing the year’s target of N10.7 trillion. The Chairman of FIRS, Zacch Adedeji disclosed this at the opening of a two-day strategic management ...
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FG, States, LGs Share N1.1trillion 
January 24, 2024 No Responses

FG, States, LGs Share N1.1trillion 

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account All...
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Expert Tasks FG On Listings, Tax Revenue
January 24, 2024 No Responses

Expert Tasks FG On Listings, Tax Revenue

The Managing Director/Chief Executive of Arthur Steven Asset Management Limited, Mr Olatunde Amolegbe, has called on the Federal Government to encourage listings on the nation’s bourse as part of measures to boost capital market participation and tax rev...
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NADDC DG IN SOUTH AFRICA, MEETS AUTO STAKEHOLDERS
January 23, 2024 No Responses

NADDC DG IN SOUTH AFRICA, MEETS AUTO STAKEHOLDERS

As part of measures to strengthen ties with major auto stakeholders and Original Equipment Manufacturers, the Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin, on Monday, 22nd January 2024, met with the Associati...
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Dangote Cement Hits N10tri Market Capitalisation, Otedola Explains Interest
January 23, 2024 No Responses

Dangote Cement Hits N10tri Market Capitalisation, Otedola Explains Interest

Foremost cement manufacturing firm, Dangote Cement Plc hit a milestone as a N10 trillion company on Monday at the Nigerian Exchange, the first company to attain such a valuation.  Meanwhile, Business Man,  Mr. Femi Otedola also on Monday confirm...
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NADDC, NMDPRA To Strengthen Partnership
January 22, 2024 No Responses

NADDC, NMDPRA To Strengthen Partnership

The Director General, National Automotive Design and Development Council (NADDC), Joseph Osanipin has paid a courtesy visit to the Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed.The two Ch...
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Lekki Seaport Berths Largest Container Vessel 
January 22, 2024 No Responses

Lekki Seaport Berths Largest Container Vessel 

The Nigerian Ports Authority (NPA), on Sunday, January 21, 2024, successfully received at the Lekki Deep Seaport the largest container carrier to sail on Nigerian territorial waters. The vessel measuring 367M in length over all  christened “Maersk E...
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Shippers’ Council Boss Visits NIMASA
January 22, 2024 No Responses

Shippers’ Council Boss Visits NIMASA

The Management of the Nigerian Shippers’ Council, led by the Executive Secretary, Barrister Akuta Pius Ukeyima paid a working visit to the Nigerian Maritime Administration and Safety Agency, NIMASA. The Director General of NIMASA, Dr. Bashir Jamoh OFR, in hi...
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NADDC To Partner Motor Dealers ON EV, CNG Vehicles
January 20, 2024 No Responses

NADDC To Partner Motor Dealers ON EV, CNG Vehicles

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin, on Friday,19th January, 2024 received the President of the Association of Motor Dealers Of Nigeria (AMDON), Prince Ajibola Adedoyin at the Council&...
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CBN To Hold First MPC Meeting Under Cardoso
January 20, 2024 No Responses

CBN To Hold First MPC Meeting Under Cardoso

The Central Bank of Nigeria (CBN) is to hold its first Monetary Policy Committee meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024. The announcement follows a two-day strategic session...
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