Economy Archives — Page 11 of 247

January 5, 2025 No Responses

SEC To Intensify Crackdown On Ponzi Schemes In 2025

The Securities and Exchange Commission (SEC) has emphasised that protecting investors remains a cornerstone of its mission, assuring that the Commission will intensify efforts to stamp out Ponzi and pyramid schemes while paving the way for legitimate investment opportunities to...

January 5, 2025 No Responses

PETROAN Seeks ₦100b Grant From FG

The Petroluem Products Retail Outlets Owners Association of Nigeria (PETROAN) has appealed to President Bola Tinubu to approve ₦100bn grant to help oil marketers stay afloat. In a statement on Saturday, titled PETROAN’S Retrospect of Nigeria’s Oil ...

January 4, 2025 No Responses

FCT Residents To Experience Two-Week Power Outage

The Abuja Electricity Distribution Company (AEDC), on Friday, announced that some residents of the Federal Capital Territory (FCT) , Abuja will experience power outages between January 6 to 31, 2025. A press statement issued on the AEDC official X handle,...

January 3, 2025 No Responses

Fubara Signs ₦1.1tri Rivers 2025 Budget Into Law

Rivers State Governor, Siminalayi Fubara, has signed the state’s 2025 budget worth N1.1 trillion into law. The budget, christened ‘Budget of Inclusive Growth and Development,’ was presented before the Victor Oko-Jumbo-led State House of Assembly on Decem...

January 2, 2025 No Responses

Tinubu Tasks Govs On Grassroot Development

President Bola Tinubu has tasked the 36 state governors with leading development at the grassroots, saying the financial autonomy granted to local governments is not an attempt to snatch the third tier of government from governors. The President said the...

January 2, 2025 No Responses

NLC Tells FG: Withdraw Tax Bills From National Assembly

The Nigerian Labour Congress (NLC) has urged the Federal Government to withdraw the controversial tax bills from the National Assembly. In his New Year message to Nigerians, especially workers, the President of NLC, Joe Ajaero said the need to withdraw...

January 2, 2025 No Responses

President Tinubu’s New Year Message

Fellow Nigerians, As we enter 2025, I wish everyone a happy and prosperous New Year. May you be rich in joy, success, and good health.As the new year dawns, it brings many hopes, aspirations, and prospects for better days. By...

January 1, 2025 No Responses

Yuletide: Chisco Transport Restates Commitment To Top Quality Services, Lauds Tinubu For 50% Fare Rebate

Nigeria’s Transport Company of the Year, Chisco Transport Ltd, has assured the travelling public of safe and top quality services on all its routes this Christmas/New Year season, and beyond.The company, which has been one of the country’s front runners...

January 1, 2025 No Responses

NDDC Boss Highlights Plans, Expectations For 2025

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has highlighted the plans and expectations of the Commission for 2025, stressing that the Commission will not fail President Bola Tinubu and the people of the Niger...

January 1, 2025 No Responses

2025: Archbishop Martins Harps On Skills Acquisitions, Gainful Employment, Soft Loan Opportunities

The Catholic Archbishop of Lagos, Most Rev. Alfred Adewale Martins, has urged the government, organisations and individuals to move from providing palliatives to better strategies. The Prelate in a statement signed by the Social Communications Director of the ...

December 31, 2024 No Responses

Ardova Seals Bulk Purchase Framework With Dangote Refinery

As part of measures to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery.City Business News reports ...

December 31, 2024 No Responses

Citibank Marks 40 Years In Nigeria

Citibank Nigeria Limited (Citi) is celebrating 40 years of its existence and partnership in Nigeria. From the bank’s foundation as Nigeria International Bank Limited, Citi’s story in Nigeria has been one of continuous growth and transformation. &nbsp...

December 31, 2024 No Responses

Lagos Appoints New Permanent Secretaries

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has approved the appointment of three new Permanent Secretaries in the State Public Service.The new appointees are Mr. Abdul Rafiu Omowole Fashola, Director, Administration & Human Resources and Secretar...

December 30, 2024 No Responses

Rivers Budgets N1.1tri For 2025

Rivers state governor,Siminalayi Fubara has presented a 2025 budget proposal of N1.1 trillion to the Victor Oko-Jumbo-led state house of assembly.Fubara presented the appropriation bill, tagged the “Budget of Inclusive Growth and Development,” to the four-...