Category: Economy

AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS
September 27, 2024 No Responses

AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, represented by the Executive Director, Engineering and Technical Services, Engr. Ibrahim Abba, on Thursday in Lagos, joined industry stakeholders to celebrate this year’s World Maritime Day. The Managing Director, while...
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CBN Allocates $20,000 To Each BDC At ₦1,590/$
September 26, 2024 No Responses

CBN Allocates $20,000 To Each BDC At ₦1,590/$

The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each of the eligible Bureau De Change (BDC) operators in the country at the rate of N1,590/$. In a circular to all Bureau De Change operators dated...
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Greenwich Merchant Bank Partners PSRG-Richardson On Sustainability For Inclusive Growth
September 25, 2024 No Responses

Greenwich Merchant Bank Partners PSRG-Richardson On Sustainability For Inclusive Growth

Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy towards robust and inclusive growth.This was disclosed in a press release si...
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Ecobank Nigeria Partners Women In Mining On Gold, Gemstone Conference
September 25, 2024 No Responses

Ecobank Nigeria Partners Women In Mining On Gold, Gemstone Conference

Ecobank Nigeria, a subsidiary of the Ecobank Group, is partnering the Women in Mining In Nigeria (WIMIN) for its annual Gold & Gemstone Conference & Exhibition. The 3-day event scheduled for Thursday, September 26th to Saturday, September 28th will be....
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CBN Raises Interest Rate To 27.25%
September 25, 2024 No Responses

CBN Raises Interest Rate To 27.25%

Again, the Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent “to moderate inflation”  which stands at 32.15%. This was revealed by the CBN Governor, Olayemi...
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UNGA 2024: Tony Elumelu Sets Out Africa’s Priorities
September 20, 2024 No Responses

UNGA 2024: Tony Elumelu Sets Out Africa’s Priorities

African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late Septemb...
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Shippers’ Council, NPA To Strengthen Partnership
September 20, 2024 No Responses

Shippers’ Council, NPA To Strengthen Partnership

The Nigerian Shippers’ Council (NSC) and Nigerian Ports Authority ( NPA) have expressed their readiness to collaborate and work together to move the nation’ s maritime sector forward.The Executive Secretary and Chief Executive Officer of NSC, Barr Akutah P...
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At AMES Summit, Experts Harp On AfCFTA, Indigenous Fleet, Training, Others
September 20, 2024 No Responses

At AMES Summit, Experts Harp On AfCFTA, Indigenous Fleet, Training, Others

The African Continental Free Trade Area (AfCFTA) presents a majoropportunity for growth in shipping, but Nigeria needs shipping lines toparticipate.According to seasoned experts who spoke at the 16th Association of Marine Engineers and Surveyors (AMES) technic...
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NNPC To Revive Brass, Olokola LNG Projects
September 20, 2024 No Responses

NNPC To Revive Brass, Olokola LNG Projects

As part of measures to maximise the nation’s abundant gas resources for economic development and prosperity, Nigeria National Petroleum Corporation Ltd (NNPCL) has commenced discussions with investors towards bringing back two Liquefied Natural Gas (LNG) pro...
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Coca-Cola Unveils $1b Investment In Nigeria
September 20, 2024 No Responses

Coca-Cola Unveils $1b Investment In Nigeria

President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-...
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Nigeria Targets $1.5b Revenue From Halal By 2027
September 19, 2024 No Responses

Nigeria Targets $1.5b Revenue From Halal By 2027

Nigeria has embraced the Halal economy and is hoping to leverage the opportunities to add the sum of $1.5bn to the country’s GDP by 2027, Vice President Kashim Shettima has said. Shettima revealed this as he attended the Nigeria Halal...
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EFCC Harps On Enhanced Ethics In Accounting Profession
September 19, 2024 No Responses

EFCC Harps On Enhanced Ethics In Accounting Profession

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has charged accountants across the country to show greater regard for the ethics of their profession and observance of the country’s financial regulations. He gav...
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Adeleke Vows To Revive, Complete Osun Airport
September 18, 2024 No Responses

Adeleke Vows To Revive, Complete Osun Airport

Osun State Governor, Ademola Adeleke has expressed his determination to revive and complete the almost 12 year old Osun Airport project to exit Osun as the only state in the South West without an airport.He made the declaration at the...
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ONSA, CSCS To Host 4th Cybersecurity Conferences
September 18, 2024 No Responses

ONSA, CSCS To Host 4th Cybersecurity Conferences

Central Securities Clearing System Plc (CSCS) Plc has announced the forthcoming 2024 Cybersecurity Conference, organized by the Office of the National Security Adviser (ONSA) and CSCS.A statement sent to City Business News on Wednesday explained that the event...
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