Category: Economy

Customs Generates N4.99b At Murtala Mohammed Area Command In September
October 8, 2019 No Responses

Customs Generates N4.99b At Murtala Mohammed Area Command In September

The Nigeria Customs Service (NCS), Murtala Mohammed Area Command generated the sum of ₦4,991,674,905.00 billion revenue in the month of September, 2019.A statement issued by the commands Public Relations Officer, Ephraim Joseph Haruna on Tuesday explained that the  figure exceeds ...
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Buhari Tasks NESG On Economic Growth
October 8, 2019 No Responses

Buhari Tasks NESG On Economic Growth

President  Muhammadu Buhari on Monday challenged Nigerian economists to  come up with innovative, productive and made-in-Nigeria ideas as part of measures to grow the economy. Speaking at the 25th editions of Nigerian Economic Summit (NES25) in Abuja...
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Cornerstone, Seplat Top Losers’ Table As Market Indices Drop Further By N59b
October 7, 2019 No Responses

Cornerstone, Seplat Top Losers’ Table As Market Indices Drop Further By N59b

Transactions on the floor of Nigeria Stock Exchange (NSE) resumed on a negative note on Monday with market capitalization dropping further by 0.45 per cent or N59billion.Specifically, the market capitalisation lost N59 billion or 0.45 per cent to close at...
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Access Bank To Reward 30 DiamondXtra Customers Daily
October 5, 2019 No Responses

Access Bank To Reward 30 DiamondXtra Customers Daily

In commemoration of Nigeria’s 59 years’ independence anniversary, Nigeria’s leading retail bank, Access Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence Splash” to reward over 30 DiamondXtra customers daily with cash p...
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Fidelity Bank Unveils GAIM Season 4
October 4, 2019 No Responses

Fidelity Bank Unveils GAIM Season 4

Fidelity Bank Plc  on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the culture of savings amongst Nigerians. The Savings campaign which will ride primarily on digital technologies is one...
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NPA Replies Bua, Alleges Blackmail
October 2, 2019 No Responses

NPA Replies Bua, Alleges Blackmail

The Nigerian Ports Authority (NPA) has accused the management of Bua Ports and Terminal Limited of alleged blackmail.Reacting to newspaper advertisement published by Bua Ports in some National Newspaper on Monday, NPA alleged that it was designed to among othe...
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NSE Celebrates Akintola Williams At 100
October 1, 2019 No Responses

NSE Celebrates Akintola Williams At 100

The Nigerian Stock Exchange (NSE) on Monday organized a symbolic Closing Gong ceremony in celebration of the centenary birthday of one of its leaders, Pa. Akintola Williams.Pa. Akintola Williams, is the only surviving signatory to the original Memorandum and A...
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NSE Records Eight Per Cent Drop In Revenue
October 1, 2019 No Responses

NSE Records Eight Per Cent Drop In Revenue

Citing uncertainties, the Nigerian Stock Exchange (NSE) on Monday  reported  eight per cent decline in revenue for the financial year ended December  31,  2018.The Chief Executive Officer of the NSE, Mr Oscar Onyema, made the disclosure on Monday at the...
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Air Peace Secures Approval For Daily Flights To South Africa
October 1, 2019 No Responses

Air Peace Secures Approval For Daily Flights To South Africa

The South African government has granted Air Peace the permit to commence commercial flights to Johannesburg, the Nigerian Ministry of Foreign Affairs has said.A spokesperson for the ministry, Ferdinand Nwonye, said the proprietor of the airline, Allen Onyema,...
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Heritage Bank MD: Credible ID Management Will Foster Access To Credit
October 1, 2019 No Responses

Heritage Bank MD: Credible ID Management Will Foster Access To Credit

Managing Director /CEO, Heritage Bank, Mr Ifie Sekibo , has stressed the need for the federal government to work towards creating a credible and strong identity management towards expanding access to credit in the country.Sekibo noting that while the Bank...
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Exploring Collaboration Between NSE, Tuface Idibia
October 1, 2019 No Responses

Exploring Collaboration Between NSE, Tuface Idibia

By Olumide Orojimi, To advance its position as the sustainable securities exchange championing Africa’s growth, The Nigerian Stock Exchange (NSE) has signed one of Africa’s biggest musicians, Innocent Tuface Idibia (Tuface) as its first Good Cause Ambassad...
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SEC Nigeria Inaugurates Private Equity Committee
September 30, 2019 No Responses

SEC Nigeria Inaugurates Private Equity Committee

Private sector activities have been described as key drivers for economic growth and development as they create jobs and pay the taxes that finance services and investments.This was stated by Acting Director General of the Securities and Exchange Commission, S...
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Innoson To Expand Operations As Ekiti, Gombe, Bauchi, Kogi, Others Patronize Firm
September 30, 2019 No Responses

Innoson To Expand Operations As Ekiti, Gombe, Bauchi, Kogi, Others Patronize Firm

By citybusinessnews@yahoo.com The Chairman of Innoson Group of Companies, Chief Innocent Chukwuma has commended President Muhammadu Buhari for the support and patronage from the Federal Government.Briefing Journalists on Sunday in Nnewi, Anambra State, Ch...
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Ten Varsity Students Win NIMASA Educational Grants
September 30, 2019 No Responses

Ten Varsity Students Win NIMASA Educational Grants

The Minister of Transportation, Rt. Hon. Rotimi Amaechi, has said that the new maritime security infrastructure being built by the Federal Government, the Deep Sea Project, would be a major economic trigger for the country. Amaechi stated this in Lagos,...
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