Economy Archives — Page 151 of 258

December 1, 2022 No Responses

FEC Approves PPP For Satellite Internet Broadband

The Federal Executive Council (FEC) has approved the concession of Research and Development of Satellite Internet Broadband Project to ensure uninterrupted and high-speed fixed broadband internet penetration in Nigeria. This is contained in a statement signed by Manji Yarling, Acting...

November 30, 2022 No Responses

Photo News

L-R: Commissioner for Finance and Economic Development, Mr Akin Oyebode; Secretary to the State Government, Dr. Habitat Adubiaro; Ekiti State Governor, Mr Biodun Oyebanji; Managing Director of Ecobank Plc, Mr. Bolaji Lawal; and Regional Head, Southwest, Angela...

November 29, 2022 No Responses

FIRS Seeks Harmonised Systems Among Tax Administrators

The Executive Chairman, Federal Inland Revenue Services (FIRS), Muhammad Nami has appealed for harmonisation of tax systems among member states of Commonwealth Association of Tax Administrators (CATA). Nami made the appeal on Monday in Abuja at the 42nd ...

November 28, 2022 No Responses

Dangote Targets 300,000 Fresh Jobs For Nigerians

Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the co...

November 28, 2022 No Responses

Presco Wins 2022 Agriculture Sectoral Leader Award

By Moses Ebosele, ebosele@hotmail.com — Presco Plc has emerged winner of sectoral leadership award in Agriculture at the 2022 PEARL Awards held on Sunday in Lagos. The category had Livestock Feeds Plc and Okomu Oil Palm Plc, but, Presco Plc wa...

November 26, 2022 No Responses

Emefiele: Nigeria’s Rising Inflation Consistent With Global Trend

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, on Friday said the steady increase in headline inflation from 15.60 per cent in January to 20.77 per cent in September was consistent with global trends. Emefiele said this at the 57t...

November 25, 2022 No Responses

Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps Members

Unity Bank Entrepreneurship Development Initiative – Corpreneurship Challenge, targeted at empowering fresh graduates and Corp Members on one-year compulsory national youth service has, in its ninth edition of the Corpreneurship Challenge held ...

November 25, 2022 No Responses

Okomu Oil Pledges More CSR Projects To Host Communities

The Management of Okomu Oil Palm Company Plc has reiterated its commitment to provide host communities with the necessary Corporate Social Responsibility’s ( CSR) projects as part of measures to sustain existing cordial relationships. The M...

November 25, 2022 No Responses

Photo News

November 24, 2022 No Responses

Buhari Tasks Corporate Leaders On Ethics, Technology

President Muhammadu Buhari has tasked leaders of corporate organisations to build the capacity of Nigerian youths to be innovative and embrace technology to make positive contributions to their organisations and the nation. The president, represent...

November 24, 2022 No Responses

Air Peace Resumes Uyo Operations With N50,000 Fare

West and Central Africa’s largest carrier, Air Peace, has announced the resumption of its Uyo service on December 1, 2022. A statement sent to City Business News on Thursday by Spokesperson for Air Peace, Stanley Olisa...

November 24, 2022 No Responses

Edo Receives N2.1b As Oil Derivation Fund

The Edo State Government received only N2.1 billion from the N28b that accrued to the state as 13 percent oil derivation fund for oil-producing states. Edo State Commissioner for Budget and Finance, Mr. Joseph Eboigbe, disclosed this while briefing journalis...

November 23, 2022 No Responses

Union Bank Gets Euromoney Market Rankings In Five Categories

Union Bank of Nigeria (UBN) Plc has received high ratings in five categories at the 2022 Euromoney market rankings. Mrs Ogochukwu Ekezie-Ekaidem, the Chief Brand and Marketing Officer, UBN, made the announcement in a statement on Tuesday in Lagos . ...

November 23, 2022 No Responses

Sierra Leone Imports Innoson Vehicles For Armed Forces

A breakthrough was recorded on Monday in the implementation of the African Continental Free Trade Area (AfCTA) when the government of Sierra Leone took delivery of the first batch of vehicles produced by Innoson Vehicle Manufacturing Company Ltd, Nnewi, Anambr...