Tag: Economy

AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS
September 27, 2024 No Responses

AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, represented by the Executive Director, Engineering and Technical Services, Engr. Ibrahim Abba, on Thursday in Lagos, joined industry stakeholders to celebrate this year’s World Maritime Day. The Managing Director, while...
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FG To Direct NIMASA, NPA To Collect Fees, Charges In Naira
September 27, 2024 No Responses

FG To Direct NIMASA, NPA To Collect Fees, Charges In Naira

The Federal Government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) begin collecting charges, fees, fines and others in Naira rather than in foreign currencies.The Special Adviser to th...
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Photo News
September 27, 2024 No Responses

Photo News

L-R: Chairman, Oriental Energy Resources, Mohammed Indimi; Group Executive Director, Commercial Operations, Dangote Industries Limited (DIL), Fatima Aliko Dangote; Co-Chair, Africa Center, Chelsea Clinton; President/CE, DIL, Aliko Dangote; Co-Chair of the Bill...
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CBN Allocates $20,000 To Each BDC At ₦1,590/$
September 26, 2024 No Responses

CBN Allocates $20,000 To Each BDC At ₦1,590/$

The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each of the eligible Bureau De Change (BDC) operators in the country at the rate of N1,590/$. In a circular to all Bureau De Change operators dated...
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CSCS Appoints Adesola, Aisha Muhammed-Oyebode As Directors
September 26, 2024 No Responses

CSCS Appoints Adesola, Aisha Muhammed-Oyebode As Directors

The Central Securities Clearing System (CSCS) Plc has appointed Bola Adesola and Aisha Muhammed-Oyebode to its Board of Directors.A statement issued on Wednesday explained that the appointments reflect CSCS’s commitment to strengthening its leadership wi...
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FG Raises Corps Members Allowance To ₦77,000
September 26, 2024 No Responses

FG Raises Corps Members Allowance To ₦77,000

The Federal Government has approved the increase of Corps Members’ monthly allowance to ₦77,000 with effect from July 2024. In a statement on Wednesday, a spokesperson for the National Youth Service Corps (NYSC), Caroline Embu, said the increment was in...
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Greenwich Merchant Bank Partners PSRG-Richardson On Sustainability For Inclusive Growth
September 25, 2024 No Responses

Greenwich Merchant Bank Partners PSRG-Richardson On Sustainability For Inclusive Growth

Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy towards robust and inclusive growth.This was disclosed in a press release si...
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Ecobank Nigeria Partners Women In Mining On Gold, Gemstone Conference
September 25, 2024 No Responses

Ecobank Nigeria Partners Women In Mining On Gold, Gemstone Conference

Ecobank Nigeria, a subsidiary of the Ecobank Group, is partnering the Women in Mining In Nigeria (WIMIN) for its annual Gold & Gemstone Conference & Exhibition. The 3-day event scheduled for Thursday, September 26th to Saturday, September 28th will be....
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CBN Raises Interest Rate To 27.25%
September 25, 2024 No Responses

CBN Raises Interest Rate To 27.25%

Again, the Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent “to moderate inflation”  which stands at 32.15%. This was revealed by the CBN Governor, Olayemi...
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NDDC To Regularise Budget Cycle, Inaugurates 2025 Budget Committee
September 25, 2024 No Responses

NDDC To Regularise Budget Cycle, Inaugurates 2025 Budget Committee

The Niger Delta Development Commission, NDDC, is to regularise its budget cycle to align with the national budget, as it inaugurates 18-member 2025 Budget Committee to prepare its budget proposals.  Addressing members of the committee during the inaugurat...
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WMD: Oyetola Pledges Zero Piracy, Dantsoho Laud Minister On Efficiency At Seaports
September 25, 2024 No Responses

WMD: Oyetola Pledges Zero Piracy, Dantsoho Laud Minister On Efficiency At Seaports

Ahead of Thursday’s World Maritime Day, the Minister of Marine and Blue Economy, Adegboyega Oyetola, has described the theme for this year’s celebration, “Navigating the Future: Safety First,” as a fitting narrative for the current happ...
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NDDC Receives Database For Youth Internship Scheme
September 24, 2024 No Responses

NDDC Receives Database For Youth Internship Scheme

The Niger Delta Development Commission, NDDC, has received the database produced by its consultant for the Commission’s Youth Internship Scheme launched on August 5, 2024 in Port Harcourt by the Senate President, Chief Godswill Akpabio.  Receiving the datab...
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NDLEA Impounds N13b Opioids At Tincan Port
September 23, 2024 No Responses

NDLEA Impounds N13b Opioids At Tincan Port

The Nigeria Drug Law Enforcement Agency (NDLEA) has intercepted opioids worth N13billion at the Tincan port complex, Lagos State. A statement issued on Sunday by the Agency’s Director of media and publicity, Femi Babafemi explained that up to 250 million...
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FG Donates 100 Trailers Of Rice, Others To Borno Flood Victims
September 22, 2024 No Responses

FG Donates 100 Trailers Of Rice, Others To Borno Flood Victims

The Federal Government has donated food items to flood victims in Maiduguri, Borno State, including 100 trailers of milled rice, among other items.  The Minister of Agriculture, Senator Abubakar Kyari, in a statement on Saturday explained that President B...
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