Category: Economy

Honda Sustains Production In Nigeria, Insists On Quality
December 8, 2023 No Responses

Honda Sustains Production In Nigeria, Insists On Quality

By Moses Ebosele, ebosele@hotmail.com Honda Automobile Western Africa Limited (HAWA) has reiterated its commitment to sustain production in Nigeria despite various challenges. Briefing Journalists after a factory tour, the company explained that though it’s vehicle production output has dropped from its...
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DMO Auctions N360b FGN Bonds
December 6, 2023 No Responses

DMO Auctions N360b FGN Bonds

The Debt Management Office (DMO), on Tuesday announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion through auction. According to a statement issued by the DMO, the first offer is April, 2029...
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At CFA Investment Summit, Experts Project Africa As Next Best FDIs Frontier
December 4, 2023 No Responses

At CFA Investment Summit, Experts Project Africa As Next Best FDIs Frontier

With over 400 million young Africans getting ready with the right professions, talents and skills set to be exported into the global workforce, the continent stands the chance of emerging the best destination for Foreign Direct Investments (FDIs) by the...
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SEC Harps On Collaboration To Enhance Economic Growth
December 3, 2023 No Responses

SEC Harps On Collaboration To Enhance Economic Growth

The Securities and Exchange Commission (SEC) has called for an active collaboration between the government and market participants to enhance market growth and facilitate economic development.  The Director-General of SEC,  Mr Lamido Yuguda, made the...
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Shippers’ Council, Lekki Port To Strengthen Relationship, Boost Trade
December 2, 2023 No Responses

Shippers’ Council, Lekki Port To Strengthen Relationship, Boost Trade

The Nigerian Shippers’ Council (NSC) has reiterated its commitment to work with the management of Lekki Deep Seaport as part of measures to promote seamless movement of cargoes. The Executive Secretary and Chief Executive Officer of NSC, Barr....
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Lagos Seeks Collaboration With African Leaders On Continent’s Investment Potentials
November 30, 2023 No Responses

Lagos Seeks Collaboration With African Leaders On Continent’s Investment Potentials

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has charged African leaders, policymakers, intellectuals and all Africans, to initiate strategies that will deliver balanced and equitable development that leaves no one behind. The Governor made this call a...
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Delta Budgets N714.4b For 2024
November 30, 2023 No Responses

Delta Budgets N714.4b For 2024

Delta State Governor, Sheriff Oborevwori on Wednesday presented a budget of N714.4 billion for 2024 to the State House of Assembly for approval. Presenting the budget tagged ”Budget of Hope and Optimism”, Oborevwori said it was made up of N316.6 billi...
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Budget: Nigeria Targets 3.76% Economic Growth In 2024
November 29, 2023 No Responses

Budget: Nigeria Targets 3.76% Economic Growth In 2024

President of Nigeria, Bola Tinubu on Wednesday said his administration is targeting a 3.76 per cent economic growth in the 2024 fiscal year. This was as he spotlighted national security, local job creation and poverty reduction as the top priorities...
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WIA Honours Dana Air As Airline Wins CSR Award
November 29, 2023 No Responses

WIA Honours Dana Air As Airline Wins CSR Award

Dana Air has been honored by the Women in Aviation for celebrating 15 years in Nigeria’s Aviation Industry at the Annual Conference of Women in Aviation Nigeria Chapter held recently in Kano. According the President of Women in Aviation Nigeria, Rej...
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Oyetola Woos Brazil, Jamaica, To Sign MoU With Saudi Arabia
November 29, 2023 No Responses

Oyetola Woos Brazil, Jamaica, To Sign MoU With Saudi Arabia

The minister of Marine and Blue Economy, Adegboyega Oyetola, on Tuesday, continued bilateral discussions with ministers and representatives from the Kingdom of Saudi Arabia, Bangladesh, Brazil and Jamaica, expressing Nigeria’s government interest in lear...
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FEC Approves N27.50trillion Budget For 2024
November 28, 2023 No Responses

FEC Approves N27.50trillion Budget For 2024

The Federal Executive Council (FEC) has approved the 2024 appropriation bill of N27.50 trillion, with a N1.5 trillion increase from the earlier estimated bill. The government had proposed N26.2 trillion but reviewed the Medium Term Expenditure Framew...
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At IMO General Assembly, Oyetola  Reiterates FG’s Commitment To  Reposition Maritime Sector 
November 27, 2023 No Responses

At IMO General Assembly, Oyetola  Reiterates FG’s Commitment To  Reposition Maritime Sector 

Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola has restated the commitment of President Bola Ahmed Tinubu’s administration to reposition the nation’s maritime sector in line with its agenda for economic growth and developme...
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Obaseki In China, Woos Investors
November 27, 2023 No Responses

Obaseki In China, Woos Investors

The Edo State Governor, Mr. Godwin Obaseki, has continued his foreign investment drive, rallying investors to take advantage of the business-friendly environment and other incentives provided by his administration to invest in new frontiers and expand the...
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NDDC To Unveil Sustainable Development Vision
November 26, 2023 No Responses

NDDC To Unveil Sustainable Development Vision

Chairman of the Governing Board, Niger Delta Development Commission (NDDC) Mr. Chiedu Ebie, has disclosed that the new leadership in the Commission will unveil the right vision and set the tone for the management to drive the sustainable development of...
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