Category: Economy

Exchanges Ring The Bell Globally To Support Investor Education, Protection
October 6, 2023 No Responses

Exchanges Ring The Bell Globally To Support Investor Education, Protection

The World Federation of Exchanges (WFE) is organising the annual Ring the Bell for Financial Literacy, to promote awareness of the role and importance of investor education and protection – both fundamental priorities for regulated public markets. A global network of...
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NCDMB Implores Indigenous Oil Operators On Nigerian Content Act
October 5, 2023 No Responses

NCDMB Implores Indigenous Oil Operators On Nigerian Content Act

The Nigerian Content Development and Monitoring Board (NCDMB) has urged the indigenous oil operators to comply with the Nigerian Content Act so as to make the industry robust for all stakeholders. The Executive Secretary (ES), Engr. Simbi Wabote, gave this...
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Africa To Earn $58b Development Aid Through AfCFTA
October 5, 2023 No Responses

Africa To Earn $58b Development Aid Through AfCFTA

Internal trading will earn Africa more than $58 billion in development assistance, the Africa Continental Free Trade Area (AfCFTA) has said. The Chief of Staff, AfCFTA Secretariat, Silver Ojakol, made this known on behalf of the Secretary-General, Wamkele Mene...
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Lagos, Kwara, NNPC, Customs, Others Back GOCOP 7th Annual Conference
October 4, 2023 No Responses

Lagos, Kwara, NNPC, Customs, Others Back GOCOP 7th Annual Conference

The Lagos and Kwara States government as well as the Nigerian National Petroleum Company (NNPC) Limited, Nigeria Customs Service (NCS) are drumming support for the 7th annual conference of the Guild of Corporate Online Publishers (GOCOP), scheduled for Thursda...
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Ecobank Celebrates Customers, Reiterates Excellent Service Delivery
October 4, 2023 No Responses

Ecobank Celebrates Customers, Reiterates Excellent Service Delivery

Ecobank Nigeria has felicitated its customers in commemoration of this year’s Customer Service Week (CSW). The Customer Service Week is an international celebration of the importance of customer service and of the people who serve and support customers daily...
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FG Opens N150b Offers For Sukuk Bonds
October 4, 2023 No Responses

FG Opens N150b Offers For Sukuk Bonds

The Federal government through the Debt Management Office (DMO) has opened offers for subscriptions for 10 years of Ijarah Sukuk at 15.75% interest per annum due in October 2033. DMO explained on Tuesday that the subscription period is billed to...
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NLC, TUC Suspend Strike
October 3, 2023 No Responses

NLC, TUC Suspend Strike

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), on Monday suspended the planned indefinite nationwide strike, which was scheduled to commence on Tuesday, October 3, 2023. This followed the meeting between the leaders of organized labour a...
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Unlocking Prosperity: NGX Group’s Efforts In Bridging The Financial Literacy Gap
October 3, 2023 No Responses

Unlocking Prosperity: NGX Group’s Efforts In Bridging The Financial Literacy Gap

By Clifford Akpolo — Within the intricate landscape of Nigeria’s economic future lies a critical divide that demands the attention of all stakeholders — the chasm of financial literacy. In a nation with boundless aspirations, the sobering realit...
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Edo To Review N40,000 Minimum Wage
October 2, 2023 No Responses

Edo To Review N40,000 Minimum Wage

The Edo State Governor, Mr. Godwin Obaseki, has said his administration has begun to review the N40,000 minimum wage to the State workers. This is with a view to further increasing it as part of measures to cushion the impact...
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FG, States, LGCs Share N1.1tri For August
September 30, 2023 No Responses

FG, States, LGCs Share N1.1tri For August

THE Federation Account Allocation Committee (FAAC) has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August. This is contained in a communiqué issued by the FAAC at its September meeting. The...
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Presco’s Shareholders Get N8.6b Dividend For 2022
September 29, 2023 No Responses

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...
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Oil Prices Fall As Russia, Saudi Arabia Boost Supply
September 29, 2023 No Responses

Oil Prices Fall As Russia, Saudi Arabia Boost Supply

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday.  Reuters report that Brent.....
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Blue Economy Can Help Nigeria Defeat Poverty, Says Prof Pauli
September 29, 2023 No Responses

Blue Economy Can Help Nigeria Defeat Poverty, Says Prof Pauli

The creator of Blue Economy, Prof Gunter Pauli, who hailed President Bola Tinubu for creating the Ministry of Marine and Blue Economy said the policy was overdue considering the abundant opportunities in Nigeria, but, warned that the government must aggressive...
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NAHCO Boosts Service Delivery With 21 Tata Vehicles
September 25, 2023 No Responses

NAHCO Boosts Service Delivery With 21 Tata Vehicles

As part of measures to enhance service delivery, the Nigerian Aviation Handling Company Plc (NAHCO) has unveiled newly acquired fleet of vehicles.  The commissioning ceremony, held at NAHCO’s headquarters in Lagos marked a “pivotal momen...
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