Category: Economy

Border Closure: Nigeria Reassures Farmers Of Support
November 3, 2019 No Responses

Border Closure: Nigeria Reassures Farmers Of Support

The Minister of State for Agriculture and Rural Development, Mustapha Shehuri,  on Saturday reassured farmers on accessibility of better farming equipment and government support. Shehuri gave the assurance when he visited the Livestock House of the Federal Ministry of Agriculture...
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Emefiele: CBN’s Unconventional Policy To Grow Economy Paying Off
November 1, 2019 No Responses

Emefiele: CBN’s Unconventional Policy To Grow Economy Paying Off

Ensuring price stability and growing the nation’s economy through unconventional policy is paying off,Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has saidEmefiele stated this at the first Convocation Lecture of Edo University, Iyamho, Auchi on Fr...
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Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore
November 1, 2019 No Responses

Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore

 By Oscar Onyema, CEO, NSE I am honoured to recap the 59th WFE General Assembly & Annual Meeting (GA&AM) held in Singapore, 8-10 October 2019. It always gives me great pleasure to attend the WFE’s flagship conference, which is our...
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SIFAX Boss Tasks African Businesses On Emerging Opportunities In Global Market
November 1, 2019 No Responses

SIFAX Boss Tasks African Businesses On Emerging Opportunities In Global Market

Group Managing Director, SIFAX Group, Mr. Adekunle Oyinloye, has urged businesses on the African continent to dream big by taking advantage of emerging opportunities on the global stage.He said doing this would transform them to global business brands with att...
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Zenith Bank Tops Activity Chart As Investors Stake N1.7b On Shares
October 31, 2019 No Responses

Zenith Bank Tops Activity Chart As Investors Stake N1.7b On Shares

Zenith Bank Plc on Thursday topped activity chart on the floor of Nigeria Stock Exchange (NSE) with a total of 103.69 million shares worth N1.77 billion.At the end of the day, transactions on the floor closed positive with 18 gainers...
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CGC At Onne Port, Explains Seizure Of 87 Containers, N89.7b Revenue Collection
October 30, 2019 No Responses

CGC At Onne Port, Explains Seizure Of 87 Containers, N89.7b Revenue Collection

  By citybusinessnews@yahoo.com The Comptroller-General of Nigeria Customs Service (CGC), Col Hameed Ibrahim Alli (rtd) on Wednesday visited Area 11 Command, Onne Port to get firsthand account of the clampdown on unauthorized import through the axis....
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Emefiele:N100b Needed To Revive Cotton, Textile, Garment Sub-sector
October 30, 2019 No Responses

Emefiele:N100b Needed To Revive Cotton, Textile, Garment Sub-sector

More than N100 billion is needed to revive Cotton, Textile and Garment (CTG) sub sector,the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said. Speaking  after Memorandum of Understanding (MoU) signing ceremony with some critical s...
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Another 12,000 Farmers To Benefit From CBN’s Anchor Borrowers Scheme
October 26, 2019 No Responses

Another 12,000 Farmers To Benefit From CBN’s Anchor Borrowers Scheme

The Rice Farmers Association of Nigeria (RIFAN), Niger chapter, on Saturday said that the Central Bank of Nigeria (CBN) has approved the participation of 12, 000 members in the 2019 Anchor Borrowers Programme (ABP).Alhaji Idris Abini, chairman RIFAN in the...
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Nigeria To IOCs: Foster Peace In Host Communities
October 24, 2019 No Responses

Nigeria To IOCs: Foster Peace In Host Communities

The Federal Government on Thursday admonished International Oil Companies (IOCs) to use culture to foster peace in their host communities.The Minister of Information and Culture, Alhaji Lai Mohammed gave the charge in Port-Harcourt at the maiden Nigerian Agip ...
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Investors Stake N6.18b On Zenith Bank’s 357.23m Shares
October 23, 2019 No Responses

Investors Stake N6.18b On Zenith Bank’s 357.23m Shares

Investors on the floor of Nigerian Stock Exchange (NSE) on Tuesday staked N7.83 billion on 694.02 million shares in 2,780 deals.The volume of shares traded represented an increase of 182.29 per cent compared with 245.85 million shares valued at N1.36...
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Adulterated Palm Oil: EFCC Hands Over 26 Suspects To NAFDAC
October 18, 2019 No Responses

Adulterated Palm Oil: EFCC Hands Over 26 Suspects To NAFDAC

The Economic and Financial Crimes Commission (EFCC), Gombe Zonal Office, has arrested 26 suspects for allegedly adulterating palm oil, and handed them over to the National Agency for Food and Drug Administration and Control (NAFDAC).Mr Michael Wetkas, the Head...
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Buhari Orders Probe Of NDDC
October 17, 2019 No Responses

Buhari Orders Probe Of NDDC

President Muhammadu Buhari has ordered a forensic audit of the operations of the Niger Delta Development Commission (NDDC) from 2001 to 2019.The president gave the directive when he received governors of the states in the Niger Delta area, led by...
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Photo News
October 17, 2019 No Responses

Photo News

Left to Right: Acting Director General Securities and Exchange commission, SEC, Ms. Mary Uduk and Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed at the on-going World Bank/International Monetary Fund Meeting in Washington DC, Thursday.
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CBN: N500, N1000 Denominations Most Commonly Counterfeited Banknotes
October 16, 2019 No Responses

CBN: N500, N1000 Denominations Most Commonly Counterfeited Banknotes

The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a nominal value of N98.82 million was recorded in 2018.The bank said this in the Currency Operations 2018 Annual Report, posted...
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