Economy Archives — Page 12 of 247

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-member assembly on Monday.A total...

December 30, 2024 No Responses

FirstBank Lays Off 100 Senior Staff

FirstBank, part of FBN Holdings’ has exited about 100 senior staff members.According to Nairametrics, some of the bank’s top executives were asked to leave as part of its repositioning plan for 2025.The exits appear to be part of a concerted...

December 30, 2024 No Responses

Warri Refinery Goes Live

The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State is now up and running.This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during...

December 30, 2024 No Responses

NDDC Harps On Digital Learning

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, says the Commission is investing in digital learning because it holds the key to unlocking untapped potential and shaping the future of the Niger Delta region.Ogbuku, who....

December 30, 2024 No Responses

Adeleke Presents Staff Of Office To ENL Consortium Chairman, Oba Adesuyi Haastrup

Osun State Governor, Senator Ademola Adeleke on Sunday presented Staff of Office to the new Owa Obokun of Ijeshaland, Oba Clement Adesuyi Haastrup.While presenting the Staff of Office in Ilesa, the Governor admonished the ENL Consortium Chairman and new Deputy...

December 29, 2024 No Responses

‘Everybody Loves Jenifa’ Pushes Cinema Sales To ₦1b In One Week

Funke Akindele’s newly released movies, “Everybody Loves Jenifa” and “Alakada! Bad and Boujee”, have pushed Nigerian cinemas to record ticket sales of over ₦1 billion in one week. According to Nile Media Entertainment Group data, tickets worth N1.0...

December 28, 2024 No Responses

South Korean Technical Team Installs Rice Mills In Bayelsa

In furtherance of the bilateral relationship between both parties, a technical team from the Republic of South Korea has completed installation of modern rice processing mills in Bayelsa State.A statement issued byDaniel Alabrah,Chief Press Secretary to Govern...

December 28, 2024 No Responses

Maritime Workers Laud Oyetola, Dantsoho On Commitment To Welfare

The Minister of Marine & Blue Economy, Alhaji Oyetola Adegboyega and the Managing Director, Nigerian Ports Authority (NPA) Dr. Abubakar Dantsoho, have been commended by the Senior Staff Association of Statutory Corporation and Government Owned Companies (S...

December 27, 2024 No Responses

Lagos Warns NightClubs Against Overcrowding

The Lagos State Safety Commission has cautioned nightclubs and lounges against overcrowding. According to the Director-General/CEO, Lagos Safety Commission, Mr. Lanre Mojola, despite the government’s support of the vibrant nightlife and the economic be...

December 26, 2024 No Responses

SEC DG To Stakeholders: Let’s Strive To Build A Fair, Transparent Market

Stakeholders in the capital market have been urged to strive to build a capital market that is fair, transparent, and inclusive.Director General of the SEC, Dr. Emomotimi Agama stated this in a Christmas Message to the capital market Community.Agama who...

December 26, 2024 No Responses

Edo Earmarks N70b For Agric Sector In 2025

To address food insecurity and make Edo sufficient in food production, Governor Monday Okpebholo has earmarked over N70 billion for agriculture in the newly-signed Edo 2025 budget. The 2025 budget tagged, “Renewed Hope for a Rising Edo” is meant to...

December 25, 2024 No Responses

Greenwich Group Celebrates 30th Anniversary, Rewards 45 Staff

The Greenwich Group, a leading financial solutions provider in Nigeria has marked 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while contributing to the growth and development of the Nigerian economy.The ...

December 24, 2024 No Responses

Tinubu: No Regret Removing Petrol Subsidy

President Bola Tinubu, on Monday insisted that he has no regrets removing petrol subsidy in May 2023. In his first Presidential Media chat, Tinubu explained that Nigeria cannot continue to be Father Christmas to neighbouring countries. The President said...

December 23, 2024 No Responses

FG Lifts Ban On Mining In Zamfara

Five years after, the Federal Government has lifted the ban on mining activities in Zamfara State. A statement issued on Sunday by the Ministry’s spokesman, Segun Tomori explained that the Minister of Solid Minerals Development, Dele Alake, disclosed t...