Economy Archives — Page 17 of 259

February 18, 2025 No Responses

NCDMB Boss Visits Samsung, Africoat

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday visited the facilities of Samsung Heavy Industries Nigeria (SHIN), and Africoat Nigeria Limited, a pipe coating plant, located at Takwa Bay, Lagos.A statement explained...

February 18, 2025 No Responses

TotalEnergies, ENI Seal Gas Export Agreement

TotalEnergies and ENI, on Monday signed an agreement with Cyprus and Egypt for the export of Cyprus Block 6 gas through Egypt. Signed in the presence of President of Egypt, Abdel Fattah El-Sisi and President of Cyprus, Níkos Christodoulídis, TotalEnerg...

February 18, 2025 No Responses

Cardoso Seeks Stronger Economic Ties With Middle East

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community in the region. Speaking during a meeting with Talal Al-Humond, the Assistant Governor for Monetary...

February 18, 2025 No Responses

EFCC Operatives Storm Ekpoma, Arrest 47 Suspected Fraudsters

Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Saturday, February 15, 2025 arrested 47 suspected internet fraudsters at different locations in Ekpoma, Edo State. According to EFCC, the suspects were arr...

February 17, 2025 No Responses

Lagos Tasks Procurement Officers On Good Governance

Newly converted and newly recruited Procurement Officers in the Public Service of Lagos State have been charged to contribute their quota towards good governance in the State by ensuring that the resources available to the State are efficiently utilized. The.....

February 16, 2025 No Responses

Nigeria Customs, NPA Strengthen Port Efficiency Partnership

The Comptroller-General of Customs (CGC), Adewale Adeniyi, has emphasised the importance of collaboration between the Nigeria Customs Service (NCS) and the Nigerian Ports Authority (NPA) in enhancing the efficiency and competitiveness of Nigerian ports.During ...

February 16, 2025 No Responses

Lagos To Estate Facility Managers: Be Innovative, Proactive

The Lagos State Government has charged facility management organisations engaged in managing the Government-owned housing estates to be innovative and proactive in managing equipment and facilities of the State Government estates in their care. The Commi...

February 14, 2025 No Responses

NASS Passes ₦54.99tri 2025 Budget

The National Assembly on Thursday passed the ₦54.99trn 2025 Appropriation Bill. The bill was passed separately by the Senate and the House of Representatives. A breakdown of the budget showed N3.645trn for statutory transfers, N14.317trn for debt servicing, ...

February 14, 2025 No Responses

Tax Evasion: Edo Internal Revenue Service Seeks EFCC’s Support

The Executive Chairman of Edo State Internal Revenue Service, Barrister Oladele Bankole-Balogun, has sought the support and collaboration of the Economic and Financial Crimes Commission in tackling tax evasion in the state. He made the appeal when he led the.....

February 14, 2025 No Responses

NADDC Boss Tasks AMDON On Dealership Regulations

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin has challenged members of the Association of Motor Dealers of Nigeria (AMDON) to address the regulation of used car imports and dealership operation...

February 13, 2025 No Responses

Tariff Hike: NLC Threatens Nationwide Shutdown

The Nigeria Labour Congress (NLC) has condemned the implementation of a 50% tariff hike by telecommunication companies, demanding immediate reversal to the old tariff. The NLC and the Federal Government had earlier constituted a 10-man committee to deliberate ...

February 13, 2025 No Responses

ABC Transport Takes Stock At 32, To Consolidate On Achievements

The Managing Director, ABC Transport Plc, Mr. Jude Nneji, on Wednesday flashed his mind back to the road the company has travelled since inception in 1993, declaring that there have been some daunting challenges on the way. But, he disclosed...

February 13, 2025 No Responses

GTBank Removes POS Processing Fees

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions.This initiative, which took effect Tuesday, 11 February 2025, communicat...

February 13, 2025 No Responses

Shippers Council, Navy To Strengthen Partnership

The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Dr Akutah Pius Ukeyima, recently received the Flag Officer Commanding Western Naval Command, led by Rear Admiral Michael Oamen, and his delegation for a strategic discussion aimed at strengthen...