Economy Archives — Page 180 of 231

August 28, 2019 No Responses

SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others

By Moses Ebosele, ebosele@hotmail. com To sustain faster turnaround of its operations, Sifax Group has placed order for 24 new trucks, four mobile harbor cranes and other strategic equipments.Already, a subsidiary of the Group, Skyway Aviation Handling Company Plc, (SAHCO)...

August 28, 2019 No Responses

Dakuku Lauds Buhari’s Economic Agenda

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the economic programme of the President Muhammadu Buhari administration is not only succeeding, but it is also reliable. Dakuku stated this...

August 25, 2019 No Responses

Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference

By Moses Ebosele, ebosele@hotmail.com The 2019 Global Maritime Security Conference (GMSC) is to hold October 7th—9th, at the International Conference Centre, Abuja, Nigeria.Hosted by Nigerian Maritime Administration and Safety Agency (NIMASA),...

August 25, 2019 No Responses

Investors Consolidate 3.4b Shares

Investors Consolidate 3.4b Shares The Securities and Exchange Commission (SEC), has announced that considerable progress has been made in the implementation of its consolidation of multiple shareholder accounts and electronic Dividend Mandate Management System...

August 19, 2019 No Responses

FRSC Officials, Five Others Arrested For Extortion

A Joint Inter-Agency Team led by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested 37 officials of the Federal Road Safety Corps (FRSC) for allegedly extorting money from motorists on Nigerian highways.The Team, compri...

August 9, 2019 No Responses

Ambode Denies Link To N9.9b Bank Account

The immediate past governor of Lagos State, Mr. Akinwunmi Ambode, has denied ownership of any bank account containing N9.9billion.The Economic and Financial Crimes Commission (EFCC) recently disclosed that it had frozen certain accounts linked to some former l...

August 5, 2019 No Responses

Nigeria To Address VAT Exemption, Others On Capital Market Transactions

The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on capital market transactions.This was stated by Vice President Yemi Osibanjo at the Awards Night of the...

August 5, 2019 No Responses

NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.The NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, told the News Ag...

August 4, 2019 No Responses

Omo-Agege To Oil Firms: Relocate Headquarters To N/Delta

Deputy President of the Senate Ovie Omo-Agege has urged oil companies operating in the Niger Delta region to relocate their headquarters to the region.Mr. Yomi Odunuga, his Special Adviser on Media and Publicity in astatement on Saturday in Abuja, said...

June 24, 2019 No Responses

Nigeria Harps On Good Corporate Governance, Inaugurates SEC Board

Listed companies in the Capital market have been urged to imbibe good corporate governance and accountability in a bid to accelerate the growth of the market and increase both domestic and foreign investor participation.This was stated by the Permanent Secreta...

June 15, 2019 No Responses

NNPC Inaugurates Trading Company’s New Office

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has tasked staff of the National Oil Company to boost their productivity.The NNPC helmsman’s charge came during his inauguration of a new office complex of its ...

June 14, 2019 No Responses

Nigeria Customs Generates N5.5b Daily

The Nigeria Customs Service (NCS) generates not less than N5.5 billion daily.The Comptroller-General (CGC), Hameed Ali, made this known during a working visit to the headquarters of the National Association of Government Approved Freight Forwarders (NAGAFF) in...

June 14, 2019 No Responses

Fidelity Bank, NIPOST Seal Agency Banking Partnership

The Deputy Managing Director Fidelity Bank Plc, Mohammed Balarabe says the bank will provide banking services in 266 branches through its Agency Banking Partnership with NIPOST towards deepening financial inclusion in the country.The DMD, who disclosed this in...

June 12, 2019 No Responses

CISI, NCMI Sign MoU To Boost Capital Market Growth

The Securities and Exchange Commission (SEC)/Nigerian Capital Markets Institute (NCMI) and the Chartered Institute for Securities & Investment (CISI) have commenced a partnership, which will continue the NCMI’s important mission to be a cataly...