Tag: Economy

Hyundai Motor Group To Donate $1.1m For Moroccan Earthquake, Libya Flood Recovery
September 19, 2023 No Responses

Hyundai Motor Group To Donate $1.1m For Moroccan Earthquake, Libya Flood Recovery

Hyundai Motor Group has announced a $1.1 million contribution to aid Morocco and Libya in their recovery efforts following severe earthquakes and floods. The donations come from the four affiliates of Hyundai Motor Group (Hyundai Motor Company, Kia, Hyundai Engineering &...
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Oando Declares N32.9b Profit For 2021
September 19, 2023 No Responses

Oando Declares N32.9b Profit For 2021

Oando Plc, on Monday, declared N32.9 billon profit-after-tax in its full-year-ended 2021 financials. A statement explained that 2023 has seen the Company record positive highlights, including the recent announcement of its intent to acquire the Nigeria Agip Oi...
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Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry
September 18, 2023 No Responses

Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry

Ecobank Nigeria has opened a creative studio for the promotion of talents and creativity across the African continent. Known as EPAC Studios, it is a carefully crafted space for telling authentic African stories in art, culture, lifestyle, and entertainment. T...
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Photo News
September 18, 2023 No Responses

Photo News

L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United Bank for Africa, Bashir A. Nuhu, Di...
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NDLEA Intercepts 6,600 Bottles Of Codeine
September 18, 2023 No Responses

NDLEA Intercepts 6,600 Bottles Of Codeine

The National Drug Law Enforcement Agency (NDLEA) has intercepted 6,600 bottles of codeine-based syrup and arrested six suspects in various raids across the country. A statement issued on Sunday by the Director, Media and Advocacy, NDLEA, Mr Femi Babafemi, expl...
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NCC Boss Harps On Collaboration To Strengthen Payment System
September 18, 2023 No Responses

NCC Boss Harps On Collaboration To Strengthen Payment System

The Nigeria Communication Commission (NCC) has stressed the importance of multidimensional collaboration in enhancing the country’s payment system.The Vice Chairman of NCC, Prof Umar Danbatta, said this at the 2023 annual conference of the Finance Corres...
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Tinubu To Ring NASDAQ Closing Bell As NGX Group Partners U.S CoC, NIPC
September 18, 2023 No Responses

Tinubu To Ring NASDAQ Closing Bell As NGX Group Partners U.S CoC, NIPC

President Bola Ahmed Tinubu will ring the Closing Bell of NASDAQ in New York, United States as part of proceedings at the Executive Business Dialogue organized by United States Chamber of Commerce, Nigerian Exchange Group Plc (NGX Group) and Nigerian...
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NASENI Partners REA On Renewable Technologies
September 17, 2023 No Responses

NASENI Partners REA On Renewable Technologies

The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Halilu and the Managing Director/CEO of the Rural Electrification Agency (REA), Mr. Ahmad Salihijo Ahmad have agreed to work together to deplo...
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Shippers Council Harps On Regional Trade, List Obstacles
September 17, 2023 No Responses

Shippers Council Harps On Regional Trade, List Obstacles

More than 400 trade obstacles have been reported through the Trade Obstacles Alert Mechanism (TOAM) along the ECOWAS trade corridor. Speaking on Friday, the Executive Secretary of Nigerian Shippers’ Council (NSC), Emmanuel Jime also explained that various st...
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NDDC Partners OGFTZA On Industrial Parks
September 16, 2023 No Responses

NDDC Partners OGFTZA On Industrial Parks

The Niger Delta Development Commission (NDDC) is to collaborate with the Oil and Gas Free Trade Zone Authority on the development of industrial parks in the Niger Delta region. According to a statement, the Managing Director, NDDC, Samuel Ogbuku, sai...
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Tinubu Nominates Yemi Cardoso As CBN Governor
September 15, 2023 No Responses

Tinubu Nominates Yemi Cardoso As CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending his confirmation by the Senate.⁣A statement signed...
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Dana Motors Introduces CNG-Powered Vehicles In Nigeria
September 15, 2023 No Responses

Dana Motors Introduces CNG-Powered Vehicles In Nigeria

In response to rising fuel costs and increasing vehicle expenses, Dana Motors Limited, the exclusive distributor of Kia in Nigeria has announced plans to bring Compressed Natural Gas (CNG) vehicles to the Nigerian market. A statement sent to City Business...
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NDDC Pledges Support For Young Entrepreneurs
September 15, 2023 No Responses

NDDC Pledges Support For Young Entrepreneurs

The Niger Delta Development Commission, NDDC, has pledged to support young entrepreneurs in the Niger Delta region through targeted skill development initiatives to promote sustainable development.Speaking during a courtesy visit by a delegation from the Coali...
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Edo, Namibia Explore Investment Opportunities
September 14, 2023 No Responses

Edo, Namibia Explore Investment Opportunities

The Edo State Governor, Mr. Godwin Obaseki, has initiated talks with the Namibian Government to explore trade and investment opportunities in livestock production, technology, and management services, among others between the Country and Edo State. The governo...
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