Economy Archives — Page 14 of 230

October 1, 2024 No Responses

Nigeria @64: Don’t Lose Hope, NLC Urges Nigerians

The Nigeria Labour Congress (NLC) has congratulated Nigerians on the occasion of the country’s 64th independence anniversary. In a message to Nigerians on Monday, the NLC President Joe Ajaero urged the downtrodden Nigerians who bear the marks or burden broken...

October 1, 2024 No Responses

LASG IMPOUNDS 241 UNLICENSED VEHICLES

Citing Sections 15 and 16 of the Lagos State Transport Sector Reform Law (TSRL) 2018, the Lagos State Government has impounded 241 vehicles. According to the State Government, the vehicles were found to be unlicensed and in violation of the...

October 1, 2024 No Responses

UBA Declares N2 Interim Dividend, N1.37tri Earnings In H1 ’24

For the half year ended June 30, 2024, United Bank for Africa (UBA) has grown its earnings by 40 per cent to N1.37 trillion and declared an interim dividend of N2.00 per share. The audited financials released to the Nigerian Exchange Limited...

September 30, 2024 No Responses

NDLEA Arrests Autoparts Dealer

National Drug Law Enforcement Agency (NDLEA) has arrested a Lagos-based auto parts dealer, Ejiofor Chiwuzie, for attempting to export consignments of heroin and cannabis hidden inside LED rechargeable lamps and the metal legs of sofas. According to ...

September 30, 2024 No Responses

FG Hands Over 64 CNG Buses To Labour, NANS

The Federal Government has handed over 64 100-capacity Compressed Natural Gas (CNG) buses to the Organised Labour and the National Association of Nigerian Students (NANS). The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, led the gov...

September 29, 2024 No Responses

SEC Nigeria Vows To Tackle Illegal Fund Managers

The Securities and Exchange Commission(SEC) has warned entities engaged in illegal fund management activities to desist forthwith or be ready to face the full wrath of the law.Director General of the Securities and Exchnage Commission, Dr. Emomotimi Agama stat...

September 29, 2024 No Responses

At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy

For Nigeria to achieve the $1trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasized on the need for banks and Fintech companies to collaborate and drive the real sector growth....

September 29, 2024 No Responses

EFCC Arrests Ishaku Over Alleged N27b Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested and detained a former Taraba State Governor, Darius Ishaku, for alleged involvement in a N27 billion fraud. The former governor will face trial on 15 counts, including criminal breach of trust,.....

September 28, 2024 No Responses

FG Rolls Out 2,000 CNG Powered Tricycles

The Ministry of Youth Development has unveiled plans to launch the first phase of a project to distribute 2,000 Compressed Natural Gas (CNG)-powered tricycles to young Nigerians on October 1, 2024. Briefing Journalists on Friday, Minister of State for Youth...

September 28, 2024 No Responses

Tinubu Appoints Seven Executive Directors For NTA

President Bola Ahmed Tinubu has appointed seven executive directors for the Nigerian Television Authority (NTA). According to a statement issued on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the appointees are: Ay...

September 28, 2024 No Responses

NDIC: Why We Have Not Paid Some Depositors Of Heritage Bank

The Managing Director, Nigeria Deposit Insurance Corporation, NDIC, Mr. Bello Hassan, has disclosed that some of the Insured Depositors of the defunct Heritage Bank are yet to be paid due to failure to provide necessary information of alternative bank acc...

September 28, 2024 No Responses

NDDC Trains 200 Women, Youth Farmers

The Niger Delta Development Commission, NDDC, has concluded the training of 200 women and youths in Livestock Farming and Agro-Processing at the Okiemutie Farms in Eku Amukpe, Sapele Local Government Area of Delta State. Speaking during the closing cerem...

September 27, 2024 No Responses

WMD: Nigeria Mulls Technological Investments, Alternative Fuels For Safe Shipping

The Minister for Marine and Blue Economy, Adegboyega Oyetola, has assured that the Federal Government will increase investments in new technologies and alternative fuels to ensure safe shipping operations in the country.Oyetola, who was represented by the Mini...

September 27, 2024 No Responses

Niger Delta Chamber Of Commerce Takes Off with Sensitisation

The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDDCITMA, a platform to enhance the growth of entrepreneurs in the Niger Delta region, has been formally flagged off by the Managing Director of the Niger Delta Development Comm...