Economy Archives — Page 150 of 259

December 18, 2022 No Responses

FG Empowers 415 Women, Youths

The Federal Government has empowered 415 youths and women in Niger Delta states in agriculture, information communication technology (ICT) and entrepreneurship. Minister of Niger Delta, Mr Umana Umana, made the disclosure at the graduation ceremony of the trainees of an...

December 17, 2022 No Responses

Buhari Urges American Investors To Invest In Nigeria

Nigeria remains the best destination for American investors to put their money, President Muhammadu Buhari has said. Buhari explained that aside the population advantage in size and demography, various incentives and policies emplaced by the Nigerian Gov...

December 16, 2022 No Responses

Minister Urges Agencies To Strengthen Port Compliance

The Minister of Transportation, Mu’azu Sambo, has urged agencies to strengthen compliance functions to sustain and maintain standards in the ports. Sambo gave the advice at the Convention on Business Integrity (CBi), and Maritime Anti-Corruption Netwo...

December 16, 2022 No Responses

Onne Port: Customs Generates N220b, Targets N360b In 2023

The Nigerian Customs Service, Onne Area Command, has generated over N220 billion in 2022, targets over N360 billion in 2023.The command’s controller, Auwal Muhammad, stated this during an engagement with Journalists at Onne, Rivers State.Muhammad noted that ...

December 16, 2022 No Responses

NPA Bags BPSR’s Excellence Award

The Nigerian Ports Authority (NPA) has been rated excellent in service delivery by the Bureau of Public Service Reforms (BPSR). In the evaluation of the Self Assessment Tool (SAT) on performance ranking, NPA bagged the Platinum Award after scoring...

December 15, 2022 No Responses

Elumelu Laments Trade Discrimination Against Africa

Africa suffers the most trade discrimination in the whole world, Chairman, Heirs Holdings, Mr Tony Elumelu has said, calling on its leaders to address the barriers facing the continent. Elemulu said this at a side event on “Charting the Course:.....

December 15, 2022 No Responses

FCT-IRS Insists On Tax Clearance For Vehicle Registration, Building Approval

Federal Capital Territory (FCT) residents will henceforth present Tax Clearance Certificate (TCC) to carry out certain transactions, the Acting Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr Haruna Abdullahi, has said Abdulla...

December 14, 2022 No Responses

Edo, South Africa, Explore Opportunities In Agric, Entertainment, Others

The Edo State Government and the South African Government are strengthening bilateral relations to explore areas of investment in agriculture, economy, healthcare, entertainment and education, among others. The Head of Edo State Investment Promotion Offi...

December 11, 2022 No Responses

Buhari Approves Disbursement Of N16b, $350m Cabotage fund

President Mohammadu Buhari has approved the disbursement of Cabotage Vessel Financing Fund (CVFF). Minister of Transportation, Mr Mu’azu Sambo, disclosed this during the flag-off ceremony of Batch B of the Third Phase of Nigerian Seafarers Developmen...

December 11, 2022 No Responses

Emefiele: Export Proceeds Repatriation To Hit $1b In Q4

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Saturday expressed optimism that export proceeds repatriation for rebate would hit N1billion fourth quarter of 2022. Emefiele said this at a press conference on the outcome of th...

December 10, 2022 No Responses

FMDQ: Exchange Traded Derivative Will Help Govt Raise Cheaper Funds

By citybusinessnews@yahoo.com — FMDQ Securities Exchange Limited is working towards the launch of Exchange Traded Derivative (ETD) products that will enable the government raise funds at a cheaper cost. Head, Market Architecture, FMDQ Securiti...

December 8, 2022 No Responses

DMO Issues Two FGN Savings Bonds

The Debt Management Office (DMO) has announced its December issuance of two Federal Government of Nigeria (FGN) Savings Bonds at N1,000 per unit. According to a statement by the DMO, the first offer is a two-year FGN Savings Bond due...

December 7, 2022 No Responses

FG Raises Plastics Value Chains Committee

The Federal Government on Tuesday inaugurated a project steering committee to promote sustainable plastics value chains through circular economy practices. The Minister of Environment, Mr Mohammed Abdullahi, who inaugurated the committee in Abuja, explai...

December 6, 2022 No Responses

At ISSAN Confab, CBN, Stakeholders, Harp On Measures Against Cyber Attacks

The Central Bank of Nigeria (CBN) has assured information security stakeholders and the general public of its collaboration to check the rising cases of cyber-attacks within Nigeria’s cyberspace. Director, Payments System Management Department of the...