Economy Archives — Page 177 of 231

October 11, 2019 No Responses

Customs Port Harcourt Area II Command Generates ₦81.2b Revenue In Q3

The Nigeria Customs Service (NCS), Area II Command Onne Port generated a total revenue of eighty-one billion, one hundred and ninety-six million, six hundred and ninety-seven thousand, eight hundred and fifty- eight naira, and fifty-seven kobo (₦81,196,697,858.57) in the third...

October 11, 2019 No Responses

BPSR Seeks Partnership With BPE On Moribund Industries

Director General of the Bureau of Public Service Reforms (BPSR), Mr. Dasuki Ibrahim Arabi has sought the collaboration of the Bureau of Public Enterprises (BPE) to reform some moribund industries in the country in line with its mandate. Speaking when...

October 11, 2019 No Responses

NSE Reviews Pricing Methodology Rules

The Nigerian Stock Exchange (NSE) on Thursday announced amendment to the rules on Pricing Methodology and price movements of equity securities traded on The Exchange.The amendments, effective from Friday, October 11, 2019 areaccording to Rules 15:29.2. C.2 of ...

October 9, 2019 No Responses

Nigeria, Luxembourg Stock Exchange Sign Green Bond Markets MoU

The Nigerian Stock Exchange (NSE) and the Luxembourg Stock Exchange (LuxSE) on Wednesday announced the signing of a Memorandum of Understanding (MoU) to cooperate in promoting cross listing and trading of green bonds in Nigeria and Luxembourg.The announcement ...

October 9, 2019 No Responses

Global Maritime Security Conference Communiqué

Delegates at the Global Maritime Security Conference (GMSC) rose yesterday from the three days engagement from Monday 7th to Wednesday 9th October, at the International Conference Centre in Abuja, with a firm declaration to globally criminalise acts of insecur...

October 9, 2019 No Responses

Nigerian Senate Begins Debate On 2020 Appropriation Bill

The Senate on Wednesday commenced debate on the 2020 Appropriation Bill presented to the National Assembly by President Muhammadu Buhari.Buhari on Tuesday presented a budget estimate of N10.33 trillion for the year 2020 at a joint sitting of the National...

October 8, 2019 No Responses

Buhari’s 2020 Budget Speech

Budget of Sustaining Growth and Job CreationDelivered By:His Excellency, Muhammadu BuhariPresident, Federal Republic of NigeriaAt the Joint Session of the National Assembly, AbujaTuesday, October 8, 2019PROTOCOLS1. I will start by asking you to pardon my voice...

October 8, 2019 No Responses

NASS Gets N125b, Transportation N123b As Buhari Presents 2020 Budget

President Muhammadu Buhari on Tuesday presented the year 2020 budget proposal to a joint session of the National Assembly In Abuja Nigeria.Presenting the Budget proposal, Buhari explained in details effort put in place by the present administration to lift the...

October 8, 2019 No Responses

Ecobank Displays Financial Products At 25th Nigeria Economic Summit

Ecobank Nigeria has put on display some of its cutting edge financial products at the ongoing 25th Nigerian Economic Summit in Abuja.Among products on display are its ubiquitous payment solution, the EcobankPAy ; the Ecobank Omni, the Rapid Transfer and...

October 8, 2019 No Responses

Customs Generates N4.99b At Murtala Mohammed Area Command In September

The Nigeria Customs Service (NCS), Murtala Mohammed Area Command generated the sum of ₦4,991,674,905.00 billion revenue in the month of September, 2019.A statement issued by the commands Public Relations Officer, Ephraim Joseph Haruna on Tuesday explained th...

October 8, 2019 No Responses

Buhari Tasks NESG On Economic Growth

President Muhammadu Buhari on Monday challenged Nigerian economists to come up with innovative, productive and made-in-Nigeria ideas as part of measures to grow the economy. Speaking at the 25th editions of Nigerian Economic Summit (NES25) in Abuja...

October 7, 2019 No Responses

Cornerstone, Seplat Top Losers’ Table As Market Indices Drop Further By N59b

Transactions on the floor of Nigeria Stock Exchange (NSE) resumed on a negative note on Monday with market capitalization dropping further by 0.45 per cent or N59billion.Specifically, the market capitalisation lost N59 billion or 0.45 per cent to close at...

October 5, 2019 No Responses

Access Bank To Reward 30 DiamondXtra Customers Daily

In commemoration of Nigeria’s 59 years’ independence anniversary, Nigeria’s leading retail bank, Access Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence Splash” to reward over 30 DiamondXtra customers daily with cash p...

October 4, 2019 No Responses

Fidelity Bank Unveils GAIM Season 4

Fidelity Bank Plc on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the culture of savings amongst Nigerians. The Savings campaign which will ride primarily on digital technologies is one...