Economy Archives — Page 158 of 258

September 13, 2022 No Responses

EFCC Partners Customs, Others To Tackle Corruption

The Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC) has called on stakeholders particularly law enforcement agencies, to support the anti-graft crusade of the commission. The EFCC Zonal Commander, Mr Michael Nzekwe, made the appeal during a...

September 12, 2022 No Responses

SEC Harps On Crowdfunding Benefits

The Securities and Exchange Commission (SEC) has said that the operationalization of Crowdfunding will accelerate the Financial Inclusion agenda in Nigeria while increasing the quantum of investible funds by unlocking the untapped capital in the economy. ...

September 9, 2022 No Responses

Q2: Nigeria’s Total Trade Stands At N12.841b

Nigeria’s total merchandise trade stands at N12,841.54 billion, in the second quarter of 2022, the National Bureau of Statistics(NBS), has said. This is according to the NBS Foreign Trade in Goods Statistics Report for Q2 2022 released in Abuja on...

September 9, 2022 No Responses

Edo Harps On Critical Role Of Oil Palm In Economic Diversification

Edo State Governor, Godwin Obaseki, has urged Stockbrokers to consider the impact increased investment in the oil palm sector can make in rejuvenating the Nigerian economy, adding that cash crops such as oil palm, rubber and timber among others were...

September 8, 2022 No Responses

NPA Receives 24 Ships Laden With Wheat, Sugar, Frozen Fish, Others At Lagos Ports

The Nigerian Ports Authority (NPA) on Wednesday said 24 ships conveying bulk sugar, container, bulk wheat, bulk gypsum, frozen fish and others were expected at Lagos ports from September 5 to September 21, 2022. According to NPA, other items expected...

September 7, 2022 No Responses

Export Earnings Takes Centre Stage As FICAN Holds Annual Conference

All is now set for the 2022 edition of the up Finance Correspondents Association of Nigeria (FICAN) annual conference. A statement issued by the leadership of the association disclosed that the conference, which will hold on Saturday 17th and Sunday...

September 7, 2022 No Responses

FMDQ Approves N30b Commercial Paper programme To Boost Agriculture

The FMDQ Securities Exchange Ltd. has approved the registration of the Johnvents Industries Ltd N30 billion Commercial Paper (CP) to boost agriculture productivity. A statement issued on Tuesday explained that the approval was in furtherance of the compa...

September 6, 2022 No Responses

DMO Offers Two New FGN Savings Bonds

The Debt Management Office (DMO), on Monday, announced two new Federal Government of Nigeria (FGN) savings bonds offer at N1,000 per unit for September. According to the DMO, on its website, the first one is a two-Year FGN Savings Bond...

September 4, 2022 No Responses

NIWA Seeks Proper Funding, Infrastructure

Huge opportunities in the nation’s waterways can be maximised if there are infrastructure and proper funding, the Nigerian Inland Waterways Authority (NIWA), has said A statement issued on Saturday quoted Managing Director, NIWA, Dr George Moghalu, as ...

September 3, 2022 No Responses

NAFDAC Warns Importers, Exporters Against Sharp Practices At Ports

The National Agency for Food and Drugs Administration and Control (NAFDAC) has advised importers and exporters in the Eastern Ports and Bonded Terminals to adhere to the rules and regulations guiding ports’ operations. Head, Ports Inspection Directorat...

August 30, 2022 No Responses

FG Plans To Spend N19.76tri In 2023

The Federal Government is proposing to spend N19.76 trillion in 2023. Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, made the declaration in Abuja on Monday when she said the 2023 budget had a proposed deficit of N11.3...

August 30, 2022 No Responses

FG Releases N6.25b For Establishment Of Cattle Ranches In Katsina

Katsina State Deputy Governor, Alhaji Mannir Yakubu has disclosed that the Federal Government has released N6.25 billion for the establishment of cattle ranches in local government areas affected by banditry in the state. Yakubu, also Commissioner for Ag...

August 28, 2022 No Responses

World Bank Engages GBV Service Providers In Kaduna

The Kaduna State Adolescent Girls Initiative for Learning and Empowerment (AGILE), a World Bank-supported project, has engaged Gender-Based Violence (GBV) service providers, to provide health and psychosocial services to adolescent survivors. The Pr...

August 27, 2022 No Responses

CBN Releases $265m To Settle Outstanding Ticket Sales

The Central Bank of Nigeria (CBN),on Friday, released the sum of 265 million dollars to airlines operating in the country to settle outstanding ticket sales. According to a statement issued by the Director, Corporate Communications Department of CBN, Mr Osita....