Economy Archives — Page 183 of 259

August 17, 2020 No Responses

NACCIMA Seeks Stronger Nigeria, Indonesia Agribusiness Ties

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for closer ties between Nigeria and Indonesia, especially in the area of agribusiness technology. The National President, NACCIMA,Hajiya Saratu Iya Aliyu, made the call, according...

August 17, 2020 No Responses

Market Capitalisation Records N35b Loss

The Nigerian Stock Exchange (NSE) opened trading for the week on Monday with a loss of N35 billion, amid weak sentiments. Market capitalwithion, which opened at N13.145 trillion inched lower by N35 billion or 0.27 per cent, to close...

August 16, 2020 No Responses

Hassan Bello: Rail Remains Game Changer For Nigeria’s Economy

Rail transport remains game changer for Nigeria’s economy and future, Executive Secretary of Nigerian Shippers’ Council (NSC ), Hassan Bello, has said Speaking on the sideline during the inspection tour of the Lagos-Ibadan rail project ...

August 16, 2020 No Responses

NPA Receives Largest Container Vessel Ever At Onne Ports

The Nigerian Ports Authority (NPA) on Sunday announced the berthing of the biggest container vessel to ever dock at a Nigerian Seaport. General Manager, Corporate and Strategic Communications, Mr Adams Jatto, in a statement explained that the ...

August 16, 2020 No Responses

SEC Nigeria Holds 1st CMC Meeting In 2020

The Securities and Exchange Commission (SEC) on Sunday announced that the first Capital Market Committee (CMC) meeting in 2020 is scheduled to hold from Thursday August 20 to Friday August 21, 2020. A CMC Meeting planned for April 2020 could n...

August 16, 2020 No Responses

DPR Pledges To Create Business Opportunities In Oil, Gas Industry

The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and gas industry. A statement by Mr Paul Osu, the Head, Public Affairs in DPR,...

August 13, 2020 No Responses

MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent

Transactions maintained upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains. Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with...

August 13, 2020 No Responses

Nigerian Navy, NEXIM Bank Seal Inland Waterways MoU

The Nigerian Navy on Thursday signed a Memorandum of Understanding (MoU) with the Nigerian Export-Import Bank (NEXIM), to open up the nation’s inland waterways to boost maritime movement of goods and service. The aimed to enhance economic trade and....

August 10, 2020 No Responses

Nigeria Inaugurates Gas Network Code

The Federal Government has inaugurated the Nigeria Gas Transportation Network Code to deepen the growth of gas market in the country. The Minister of State for Petroleum Resources, Chief Timipre Slyva, disclosed this at the Virtual launch of The Go-Live...

August 10, 2020 No Responses

Stakeholders Advocate Right Pricing For Aviation Ground Handling Services

Nigeria’s leading Aviation Ground Handling companies; Aviation Handling Services (AHS),Nigerian Aviation Handling Company Plc (Nahco Aviance) and the Skyway Aviation Handling Company (SAHCO) Plc have been urged to consider price adjustment, instead of pr...

August 7, 2020 No Responses

Ekiti Partners Ecobank On Women Empowerment, Others

Ekiti State Government has partnered with Ecobank to ensure financial inclusion, women empowerment, micro credit loans and agency banking across communities in the state. This was disclosed in Ado-Ekiti at the maiden edition Se’tigbo (Have You H...

August 7, 2020 No Responses

NIMASA Reiterates December Deadline For Single-Hull Tanker Ban, Secures Approval For CVFF disbursement

The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated that the country remains steadfast in its decision to stop the use of single-hull tankers by December 31 this year. Director-General of NIMASA, Dr. Bashir Jamoh, stated this.....

August 7, 2020 No Responses

Ekiti Introduces Tax Relief, Incentives For Businesses

The Ekiti State Government has introduced tax relief and incentives for taxpayers and businesses as part of its ongoing efforts to cushion the negative effects of the COVID-19 pandemic. Mr Olumuyiwa Ogunmilade, the Chairman of Ekiti Internal Revenu...

August 6, 2020 No Responses

Capital market Stakeholders Seek Alternative Funding For Infrastructure Development

Worried by budgetary pressure and reduction in the level of public funds, stakeholders in the capital market are calling for alternative sources of financing to support infrastructure development They spoke on Thursday at a webinar session targeted...