Economy Archives — Page 180 of 249

June 15, 2020 No Responses

Vessels Conveying Fuel, Fish, Bitumen, Others To Berth At Delta Seaports

The Nigerian Ports Authority (NPA) on Monday disclosed that nine vessels laden with fuel and other items are expected at the Delta ports.NPA in its daily publication, ‘Shipping Position’ identified some of the expected vessels to include: MT Tornado, Orchard, Ihem and...

June 11, 2020 No Responses

National Assembly Raises Revised 2020 Budget To N10.810trillion

The two Chambers of the National Assembly on Thursday, raised the N10.509 trillion budget proposed by the executive as revised budget for 2020 fiscal year by N301billion, passing N10.810 trillion as aggregate expenditure for the 2020 revised budget. The ...

June 11, 2020 No Responses

Polaris Agency Banking, SurePadi Records N10b Transactions

Within its first 100 days of introduction, Polaris Bank’s Agency Banking initiative, SurePadi, has serviced over half a million customers impacting directly an estimated two million households across the seven business regions of the Bank nationwide. &nbsp...

June 11, 2020 No Responses

Customs Reduces Physical Examination Of Cargoes At Seaports

The Nigeria Customs Service (NCS) on Thursday announced the reduction in the number of physical examination of cargoes at the ports. The Deputy Comptroller of Customs, Anthony Anyalogu, explained that it was part of measures to ensure physical distancing and.....

June 11, 2020 No Responses

CBN To Support 70, 000 Maize Farmers In 2020

The Central Bank of Nigeria (CBN) is to support 70,000 maize farmers under its Anchor Borrowers Programme, during the 2020 wet farming season. Head, Development Finance Office, CBN, Mr Nuhu Muazu, reiterated the development on Thursday in Abuja duri...

June 9, 2020 No Responses

Senate Probes BPE Over Non-Performance Of Paper Mills

The Senate has mandated its Committee on Privatization to investigate the operations and non-performance of paper mills sold by the Bureau of Public Enterprises to private interests. This was just as the Upper Chamber rejected a call on the Federal...

June 9, 2020 No Responses

BUA Cement lifts NSE As Market Capitalisation Retains N45b

The Nigerian Stock Exchange (NSE) key market indices improved further by 0.34 per cent on Tuesday due to sustained interest in BUA Cement. Speficially, the All-Share Index which opened at 25,249.96, rose by 85.19 points or 0.34 per cent to...

June 9, 2020 No Responses

MTN Nigeria Explains Completion Of N100b Commercial Paper

MTN Nigeria Communications (MTNN) Plc on Tuesday announced the successful issuance of N100 billion Series I & II Commercial Paper (CP) notes. MTNN stated this in a notice to the Nigerian Stock Exchange (NSE) and the investing public signed by...

June 8, 2020 No Responses

Shippers’ Council, Stakeholders Harp On Sustained Cargo Evacuation From Seaports By Rail

The Nigerian Shippers’ Council (NSC) is to supervise Standard Operating Procedure (SOP) of cargo evacuation between the Nigerian Railway Corporation (NRC) and the APM Terminal. Speaking on Monday at the resumed evacuation of cargoes by rail in Lagos, Mrs Ife...

June 8, 2020 No Responses

Airtel Africa Celebrates 10 Years Milestone With 110m Customers

Airtel Africa, a telecommunications provider in 14 countries across sub-Saharan Africa, celebrates its 10-year anniversary in June, the company said in a statement on Monday.The company said in the statement that over the past decade it had supported social tr...

June 8, 2020 No Responses

IITA: Cassava Seed System Profitable For Players In Value Chain

The cassava seed system is profitable across the value chain, the International Institutes of Tropical Agriculture (IITA) has said. In a statement issued on Sunday, IITA Project Director, Dr Hemant Nitturkar explained that the Building and Economically Su...

June 7, 2020 No Responses

Tomatoes’ Price Soar In Enugu Markets

Price of tomatoes has soared by about 60 per cent in some major markets in Enugu, the News Agency of Nigeria (NAN) reports. A NAN survey conducted on Saturday revealed that a big basket of tomatoes, which cost N16,000 some...

June 7, 2020 No Responses

“Post-COVID Recovery Should Lock In Ocean Sustainability“

The Commonwealth Secretary-General, Patricia Scotland is urging governments to ensure their countries’ post-COVID economic recoveries are environmentally sustainable and safe for the ocean. Forty-seven of the Commonwealth’s 54 member countries ha...

June 5, 2020 No Responses

UNCTAD Appoints Dona Bertarelli Special Adviser For Blue Economy

Dona Bertarelli, the fastest woman to sail around the world, philanthropist, ocean conservation advocate and entrepreneur, has been named theUNCTAD Special Adviser for the Blue Economy. Ms. Bertarelli will help UNCTAD promote a sustainable blue economy, partic...