Economy Archives — Page 128 of 259

August 9, 2023 No Responses

NPA Partners Agencies On Accelerated Import, Export

The Nigerian Ports Authority (NPA) is working closely with other government agencies such as Customs, Shippers’ Council and Nigerian Maritime Administration And Safety Agency (NIMASA) to ensure that imports and exports are cleared out of the port faster. Featuring in a panel...

August 8, 2023 No Responses

Nigeria To Remove Taxes On Tomatoes, Raw Food Items

The Federal Government will soon end taxes on tomatoes and other raw food items, Chairman, Joint Tax Board (JTB), Mr Muhammad Nami, disclosed on Monday. Nami stated this on Monday at the 153rd JTB meeting with theme: “Harmonisation and codification...

August 8, 2023 No Responses

Seplat Energy’s Gas Revenue Grows To $63.7m

Seplat Energy Plc has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022). This growth is attributed to increased realised gas prices and a rise in sales...

August 8, 2023 No Responses

Hard But Necessary Reforms, Imperative To Ramp Up Tax Revenues, Says Muhammad Nami, Chairman Joint Tax Board

For Nigeria to attain optimum tax revenue collection capacity across the Federal, States and Local Government tax authorities, the country must make hard but necessary reforms that would yield long term benefits. This was the position stated by the Chairman...

August 8, 2023 No Responses

NAFDAC Gazettes Two Regulations On Fat, Oil

THE National Agency for Food and Drug Administration and Control (NAFDAC) says the body has gazette the reviewed Fats, Oil and Food containing Fats and Oil Regulation 2022, in a bid to safeguard the health of Nigerians. Prof. Mojisola Adeyeye...

August 8, 2023 No Responses

NLNG Holds Second Digital Communication Skills Workshop For Journalists

Nigeria LNG Limited has completed the second edition of its highly impactful 2023 #NLNGChangeYourStory workshop, aimed at equipping journalists with cutting-edge digital communication and social media skills.Acting Manager, Corporate Communications and Public ...

August 7, 2023 No Responses

Niger Republic Shuts Airspace

Niger’s coup leaders have closed the country’s airspace until further notice, citing the threat of military intervention from their neighbours. Flight tracking website Flightradar24 is showing that there are currently no aircraft in Niger’s s...

August 7, 2023 No Responses

Air Peace Deploys Flight To Antigua, Barbuda

West and Central Africa’s largest airline, Air Peace, has again achieved another milestone by being the first Nigerian airline to operate a nonstop, direct flight to Antigua and Barbuda in the Caribbeans. The airline’s Boeing 777 aircraft with Registra...

August 6, 2023 No Responses

World Bank To Fund 1,000 Solar Power Grids In Nigeria

The World Bank is aiming to help fund construction of 1,000 mini solar power grids in Africa’s biggest economy Nigeria in partnership with the government and private sector, the lender’s president Ajay Banga said on Saturday. Nigeria, with a popula...

August 6, 2023 No Responses

SEC, PENCOM, NGX To Host Webinar On Securities Lending

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities a...

August 5, 2023 No Responses

NDDC Trains Finance, Audit Staff

The Niger Delta Development Commission, NDDC, says that training is crucial in upscaling its management processes to enhance efficiency and transparency in its service delivery to the people of the Niger Delta region.Speaking during a two-day in-house training...

August 4, 2023 No Responses

DMO Lists N130b Sukuk On NGX, FMDQ

The Debt Management Office (DMO) has listed the N130 billion Sovereign Sukuk on the Nigerian Exchange Group (NGX) and the FMDQ Securities and Exchange. A statement issued by DMO explained that the instrument was opened for subscription in November 2022,...

August 4, 2023 No Responses

Customs Boss Visits IGP, Seeks Collaboration

The Acting Comptroller-General of Customs, Bashir Adewale Adeniyi, on Thursday, paid a courtesy visit to the Ag. Inspector General of Police, Kayode Egbetokun, at the Force Headquarters, Abuja. Addressing the leadership of the Force, the CGC, Adewale Adeniyi c...

August 3, 2023 No Responses

Deepen Partnership With Africa, Tinubu Urges UK

President Bola Tinubu has urged the United Kingdom to strengthen its partnership with Nigeria and the African continent through increased investments across various sectors. He made the call on Wednesday when he received the United Kingdom’s ...