Economy Archives — Page 136 of 259

June 7, 2023 No Responses

Fidelity Bank Holds International Trade expo in Houston October

Building on the resounding success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK last November, Fidelity Bank Plc, has announced plans to host the second edition of the trade expo in Houston,...

June 7, 2023 No Responses

Edo Urges Collaboration To Safeguard Food Supply Chain, Reduce Foodborne Diseases, Others

The Edo State Governor, Mr. Godwin Obaseki, has emphasized the need for increased collaboration among global stakeholders to address vulnerabilities within the food supply chain, ensuring a more secure and resilient food system that guarantees that more people...

June 5, 2023 No Responses

Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share

The shareholders of Ardova Plc, at a Court Ordered Meeting held in Lagos, on Wednesday, 31 May, 2023, approved the Scheme of Arrangement for the holders of its fully paid ordinary shares of 50 kobo each, subject to the approval...

June 5, 2023 No Responses

Elumelu: Africa Needs To Rethink Its Relationship With Business

Africa needs to rethink its relationship with business, foremost Nigerian industrialist and Chairman, Heirs Holdings Group, Tony Elumelu, has reinstated. According to Elumelu, “Africapitalism” means the private sector can transform Africa’s economy and s...

June 5, 2023 No Responses

NGX RegCo, ISSB, FRCN To Host Webinar On Sustainability Disclosure Standards

NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainability disclosure standards for companies as ...

June 5, 2023 No Responses

DNV: Biofuel Key To Maritime Decarbonisation

The flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. In its latest white paper “Biofuels in shipping,” classification society, DNV reported that the current...

June 4, 2023 No Responses

Edo Partners Group, To Boost Capacity Of 3000 Workers

Edo state government has entered into a partnership with Technology for Social change and Development Initiative (Tech4dev) as part of measures to boost capacity of 3000 workers. Addressing journalists in Benin City, the Edo State Head of Service, Anthony Okun...

June 3, 2023 No Responses

Samsung Signs $172m Crude Carrier Contract

South Korean shipbuilder Samsung Heavy Industries (SHI) has signed a contract for the construction of two crude carriers. The shipbuilding firm will construct the vessels for an undisclosed shipowner from Oceania. The value of both ships is estimated at $172.....

June 3, 2023 No Responses

NLC: COMMUNIQUE AT THE END OF AN EMERGENCY NEC MEETING HELD ON FRIDAY, 2ND OF JUNE, 2023

On Monday, the 29th day of May, 2023 the President of the Federal Republic announced during his inaugural speech the withdrawal of Subsidy on Premium Motor Spirit (PMS) in Nigeria. Consequently, the price of the product which is central to transportation....

June 3, 2023 No Responses

MTN Is Africa’s Most Valuable Brands

Despite difficult operating conditions, Africa’s most valuable brands have demonstrated resilience and growth in 2023, according to the latest report by leading brand valuation consultancy, Brand Finance. The top 200 brands in Africa have seen a co...

June 2, 2023 No Responses

Onyema Projects More Investment Flows In Nigeria

On the back of the new administration’s readiness to remove the fuel subsidy, unify exchange rates and ensure that investors and foreign businesses repatriate their hard-earned dividends and profits home, the Group Chief Executive Officer, Nigerian...

June 2, 2023 No Responses

David Isiavwe: Nigeria Needs More Investment In Infrastructure To Support Electronic Payment Systems

Cybersecurity expert, Dr. David Isiavwe says despite the gains of the cashless policy in Nigeria, implementation is challenged due to inadequate critical infrastructure to support electronic payment systems, particularly in rural areas. Dr. Isiavwe, who ...

June 1, 2023 No Responses

Oil Prices Dip Amid Weak Chinese Demand

Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks, triggering fears of an oversupply amid signs of weaker Chinese demand. Reuters report that Brent crude...

May 28, 2023 No Responses

Kaduna, SAA FLAG OFF N100M FARM INPUTS DISTRIBUTION

The Kano State Agropastoral Project (KSADP) and Sasakawa Africa Association (SAA) on Saturday commenced the distribution of farm inputs to farmers across the 44 Local Governments Areas of the state as part of efforts to increase yield per ha, create...