Economy Archives — Page 123 of 259

September 2, 2023 No Responses

NLC Communique On Nationwide Strike

COMMUNIQUE AT THE END OF THE NATIONAL EXECUTIVE COUNCIL (NEC) MEETING OF THE NIGERIA LABOUR CONGRESS (NLC) HELD ON THURSDAY, THE 31ST DAY OF AUGUST, 2023 In an all-inclusive session, the National Executive Council (NEC) deeply analyzed the prevailing national...

September 2, 2023 No Responses

GTCO Explains 2023 Half-Year Results

For the period ended June 30, 2023, Guaranty Trust Holding Company (GTCO) Plc has released its audited consolidated and separate financial statements to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). Within the period, the group r...

September 2, 2023 No Responses

Keyamo: Lagos Accounts For 60 Per Cent Of FAAN’s Revenue

Minister of Aviation and Aerospace Development, Festus Keyamo has expressed the Federal Government’s desire to optimize the generating capacity of the Federal Airport Authority of Nigeria (FAAN). Speaking during the facility visit of the Lagos Airport, K...

September 1, 2023 No Responses

Ardova CEO, Olu Adeosun, Resigns

By Moses Ebosele, ebosele@hotmail.com — Ardova Plc has announced the resignation of its Chief Executive Officer (CEO), Olu Adeosun with effect from August 31, 2023. In a statement sent to City Business News, the company explained that...

September 1, 2023 No Responses

NGX To Partner LCCI On Private Sector Advocacy, Listings

Nigerian Exchange Limited (NGX) has expressed its eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing capacity development for both chamber members and the broader e...

August 31, 2023 No Responses

Blue Line Rail Commercial Operations Begin Monday

THE Lagos State Government says it will begin passenger operations on the Blue Line Rail on Monday, September 4, 2023. The Managing Director, Lagos State Metropolitan Area Transport Authority (LAMATA), Mrs Abimbola Akinajo, made this known on Wednesday at Mari...

August 31, 2023 No Responses

Reps Summon Insurance Firms Over Unremitted N267b Workers’ NHF

THE House of Representatives Ad hoc committee investigating non-remittance to the National Housing Fund (NHF) and utilisation of the funds from 2011 has summoned concerned Chief Executive Officers (CEOs) of insurance companies. This is to explain the reason fo...

August 31, 2023 No Responses

NSC, PEBEC, Others Brainstorm On Exports Of Agro Products Bottleneck

The Nigerian Shipper’s Council (NSC) in collaboration with the Presidential Enabling Business Environment Council (PEBEC) and some key stakeholders, recently, held a brainstorming session on how to tackle agro export bottleneck. According to the Execut...

August 30, 2023 No Responses

NGX Group To Pay Interim Dividend On Thursday

Nigerian Exchange Group Plc is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an emergency board meeting convened by the Group...

August 30, 2023 No Responses

Japanese Ambassador Hosts NPA Boss, Harps On Trade, Investment

The Japanese Ambassador and Permanent Representative to ECOWAS, Mr. Matsunaga Kazuyoshi, has commended the Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko for facilitating growth in the value of Nigeria – Japan trade vo...

August 30, 2023 No Responses

JTF Arrest Vessel, 10 Crew Members

THE Joint Task Force Operation Delta Safe (OPDS), on Tuesday arrested an oil vessel MV Ofuoma and 10 crew members conveying alleged illegally refined petroleum products in Rivers. The Component Commander OPDS, Commodore John Siyanbade, who represented the OPDS...

August 30, 2023 No Responses

Tinubu Appoints New NDDC Board, Management

August 29, 2023 No Responses

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...

August 29, 2023 No Responses

Photo News

The Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Mohammed Bello Koko (right) on Tuesday visited the Ag. Comptroller General of the Nigerian Customs Service (NCS), Mr. Adewale Adeniyi (Right) at the Customs Headquarters in Abuj...