Economy Archives — Page 193 of 222

July 17, 2017 No Responses

NNPC attains five million litres of kerosene output daily

The three refineries of Nigerian National Petroleum Corporation (NNPC) in Port Harcourt, Warri and Kaduna now produce five million litres of Dual Purpose Kerosene (DPK), also identified as kerosene daily. According to NNPC, this represents more than 60 percent of...

July 17, 2017 No Responses

UBA Board to consider accounts, interim dividend on Thursday

The Board of Directors of United Bank for Africa (UBA) Plc would on Thursday, this week, meet to deliberate on the company’s accounts and financial statements for the half year ended June 30, 2017. A statement issued by the Secretary...

July 14, 2017 No Responses

‘Financing conference will take creative industry to golden era’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Creative Industry Financing Conference, scheduled to hold 17-18 July 2017, will take the industry into a golden era of smooth access to short and long term financing, world class man...

July 14, 2017 No Responses

Critical role of quality service delivery in public sector, by Danbatta

The quality of service delivery in the Public sector plays an increasingly important role in the economy of many countries. In today’s global competitive environment, delivering quality service in all sectors is considered as an essential strategy for succ...

July 12, 2017 No Responses

IMO Okays life safety performance criteria guidelines

The International Maritime Organization’s (IMO) Maritime Safety Committee has approved the Guidelines for the Selection of Life Safety Performance Criteria for use in Alternative Design and Arrangements for Fire Safety (SOLAS Regulation II-2/17). As explaine...

July 10, 2017 No Responses

CBN targets single digit inflation

Nigeria “will get back” to single digit inflation, the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has declared. In an interview with Arise Television, Emefiele explained that with the improvement seen in growth from the negative 1.7...

July 6, 2017 No Responses

How to lift privatised entities to desired level, by BPE

Public listings remain a strategic objective of the reform and privatisation programme of the Federal Government, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has said To achieve that, Okoh explained that the Bureau...

July 5, 2017 No Responses

Citibank grants N500m loan for microfinance development in Nigeria

Citibank Nigeria has extended a loan of N500 million to Accion Microfinance Bank (Accion MFB) in Nigeria to drive and promote the development of the microfinance sector in Nigeria. This loan will fund Accion’s loan portfolio and support the...

July 4, 2017 No Responses

Osinbajo canvasses peace, security at AU Summit

Acting President, Prof Yemi Osinbajo, has challenged African leaders to affirm their readiness to tackle root causes of violence. In his address to African leaders in Addis Ababa, Ethiopia, at the 29th session of the African Union (AU) summit, Prof...

July 4, 2017 No Responses

Elumelu commends Afreximbank, seeks support for African Businesses

At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs Holdings and the Tony Elumelu Foundation, congratulated Afrexim for the critical support that the Bank, led by President...

July 2, 2017 No Responses

Ogbeh: No need to panic over non-availability of yams for Nigerians

There is no need to panic about the non-availability of yams for Nigerians to consume. There has never been shortage of yams in Nigeria. Over 30% of the yams we produce in Nigeria rot away. Export therefore provides opportunities to...

June 30, 2017 No Responses

Hope rises on malaria control in Nigeria

Hope is rising on combatting the malaria scourge in Nigeria as this year’s Nigeria Prize for Science competition recorded the highest number of entries so far since the history of the Prize, with twenty seven scientists from around the world...

June 30, 2017 No Responses

Photo Caption

Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd left), the Minister, Federal Ministry of Agriculture and Rural Development, Chief Audu Ogbeh (2nd left), Deputy Governor of Benue State, Engr. Benson Abounu and other dignitaries a...

June 30, 2017 No Responses

FG to publish names of tax defaulters

The Federal Government is to publish names of tax defaulters with effect from March 31, 2018. Speaking in Abuja on Thursday during the unveiling of Voluntary Assets and Income Declaration Scheme (VAIDS), Acting President, Yemi Osinbajo explained that VAID...