Category: Economy

Shettima: Nigeria, China Strategic Partnership Key To Africa’s Development
October 18, 2023 No Responses

Shettima: Nigeria, China Strategic Partnership Key To Africa’s Development

Vice President Kashim Shettima, says Nigeria’s strategic partnership with China needs to be scaled up because it remains key to Africa’s development. This is contained in a statement issued by Mr Stanley Nkwocha, Senior Special Assistant to the President on...
read more
FG Proposes N26.01tri For 2024 Fiscal Year
October 17, 2023 No Responses

FG Proposes N26.01tri For 2024 Fiscal Year

The Federal Government has proposed the sum of N26.01 trillion for the 2024 appropriation based on oil price benchmark of $73.96 and 21 per cent interest rate. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this to State House...
read more
Alake Seeks Synergy With Interior Ministry
October 14, 2023 No Responses

Alake Seeks Synergy With Interior Ministry

Minister of Solid Minerals Development, Dr. Dele Alake has said synergy with the Interior Ministry is crucial to the development of solid minerals in line with the Renewed Hope agenda of President Bola Tinubu’s administration.  Speaking while welcoming his ...
read more
Lagos Shuts Mile 12, Owode Onirin Markets
October 13, 2023 No Responses

Lagos Shuts Mile 12, Owode Onirin Markets

The Lagos State Government, on Friday, announced the immediate closure of Mile 12 International and Owode Onirin markets for filth and various environmental infractions. A statement sent to City Business News explained that the the markets were closed in a...
read more
Tinubu Appoints New CEOs For CAC, SON, NADDC, Others
October 13, 2023 No Responses

Tinubu Appoints New CEOs For CAC, SON, NADDC, Others

President Bola Tinubu has approved the appointment of new Chief Executive Officers of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment, in line with his resolve to base Nigeria’s economic revival on the founda...
read more
NIMASA Act Amendment Bill Passes First Reading
October 13, 2023 No Responses

NIMASA Act Amendment Bill Passes First Reading

The bill to amend the Nigerian Maritime Administration and Safety Agency NIMASA Act has passed the first reading on the Floor of the Nigerian Senate.  Chairman Senate Committee on Marine Transport, Senator Wasiu Sanni Eshinlokun, who announced this during...
read more
CBN Lifts Restriction On 43 Items
October 13, 2023 No Responses

CBN Lifts Restriction On 43 Items

The Central Bank of Nigeria (CBN) has restated its commitment to boost liquidity in the Foreign Exchange (FX) market. CBN’s Director, Corporate Communications, Dr Isa AbdulMumin, made this known on Thursday in Marrakech. AbdulMumin also announced that Import...
read more
Wabote: Oil Assets Divestments Will Boost Production, Employment  
October 12, 2023 No Responses

Wabote: Oil Assets Divestments Will Boost Production, Employment  

The Nigerian oil and gas industry is poised for a boost in crude oil production, employment creation, and capital injection with the planned divestment of some assets by select international oil and gas companies and concomitant acquisition by Nigerian operati...
read more
Tinubu Appoints New CEOs For NCC, NIPOST, Others
October 12, 2023 No Responses

Tinubu Appoints New CEOs For NCC, NIPOST, Others

President Bola Tinubu has appointed five new Chief Executive Officers across multiple agencies under the Federal Ministry of Communications, Innovations, and Digital Economy.  In a statement on Wednesday, Special Adviser on Media and Publicity, Ajuri Ngel...
read more
Photo News
October 10, 2023 No Responses

Photo News

L-R: Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, inspecting civil work construction at the NCDMB Gas Hub at Polak...
read more
NIMASA DG: Nigerian Maritime Industry Progressing On The Right Path
October 10, 2023 No Responses

NIMASA DG: Nigerian Maritime Industry Progressing On The Right Path

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh, OFR on Monday declared the country’s maritime sector as one of the fastest growing on the African continent. Dr Jamoh, who stated this on Monday dur...
read more
Tinubu Pledges 500,000 Jobs As Ajaokuta Steel Nears Completion
October 9, 2023 No Responses

Tinubu Pledges 500,000 Jobs As Ajaokuta Steel Nears Completion

President Bola Ahmed Tinubu declared on Sunday that with the hitherto abandoned Ajaokuta Steel Complex now nearing completion, the project will have the capacity to employ 500,000 Nigerians once designated as a free trade zone. The President further promised t...
read more
FG Seeks Partnership With Banking Sector On One Million Digital Jobs
October 7, 2023 No Responses

FG Seeks Partnership With Banking Sector On One Million Digital Jobs

The Vice President, Kashim Shettima has called for the partnership and support of the banking sector as part of measures to create one million digital jobs for young Nigerians.  Shettima made this appeal during a meeting with a delegation f...
read more
Divestments Of Oil Assets: NCDMB Warns Against Reduction In Compliance, Tax Revenue
October 6, 2023 No Responses

Divestments Of Oil Assets: NCDMB Warns Against Reduction In Compliance, Tax Revenue

The ongoing and planned divestments of onshore assets by some international operating oil and gas companies (IOCs) and subsequent acquisition by Nigerian operating companies must not be allowed to impact negatively on the level of compliance with the Nigerian ...
read more
1 … 84 85 86 87 88 … 160