Economy Archives — Page 193 of 248

November 8, 2019 No Responses

Border closure: Group Cautions Against Selective Approach

The President of the Concerned Youth Empowerment Association, Mr Noble Adaelu has cautioned against selective approach in the effort to rid Nigeria’s borders of unscrupulous activities such as smuggling. Adaelu was reacting to reports that Ghana brought in different commodities...

November 7, 2019 No Responses

Critical Role Of Domestic Savings, Foreign Capital To Nigeria’s Development, By Osinbajo

The Federal Government has stressed the need for mobilisation of domestic savings and foreign capital to finance the country’s needs in infrastructure, agriculture, housing SMEs and other services.Vice President, Prof. Yemi Osinbajo, stated this in a key...

November 5, 2019 No Responses

How Co-operatives Aid Development in African Economies

–Total E&P Co-op as case study — The rapid advancement of mechanization from the mid-1700s to the early 1800s which is now considered as the Industrial Revolution, resulted in job losses for many skilled workers across Europe. The knock-on effe...

November 4, 2019 No Responses

Lagos To Relocate Trade Fair To Permanent Site

The Lagos State Government is to relocate the Lagos International Trade Fair from Tafawa Balewa Square (TBS) to a permanent site.Speaking on Monday after visiting some pavilions at the ongoing 2019 Lagos International Trade Fair, taking place at the Tafawa...

November 1, 2019 No Responses

Emefiele: CBN’s Unconventional Policy To Grow Economy Paying Off

Ensuring price stability and growing the nation’s economy through unconventional policy is paying off,Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has saidEmefiele stated this at the first Convocation Lecture of Edo University, Iyamho, Auchi on Fr...

November 1, 2019 No Responses

Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore

By Oscar Onyema, CEO, NSE I am honoured to recap the 59th WFE General Assembly & Annual Meeting (GA&AM) held in Singapore, 8-10 October 2019. It always gives me great pleasure to attend the WFE’s flagship conference, which is our...

November 1, 2019 No Responses

SIFAX Boss Tasks African Businesses On Emerging Opportunities In Global Market

Group Managing Director, SIFAX Group, Mr. Adekunle Oyinloye, has urged businesses on the African continent to dream big by taking advantage of emerging opportunities on the global stage.He said doing this would transform them to global business brands with att...

October 31, 2019 No Responses

Zenith Bank Tops Activity Chart As Investors Stake N1.7b On Shares

Zenith Bank Plc on Thursday topped activity chart on the floor of Nigeria Stock Exchange (NSE) with a total of 103.69 million shares worth N1.77 billion.At the end of the day, transactions on the floor closed positive with 18 gainers...

October 30, 2019 No Responses

CGC At Onne Port, Explains Seizure Of 87 Containers, N89.7b Revenue Collection

By citybusinessnews@yahoo.com The Comptroller-General of Nigeria Customs Service (CGC), Col Hameed Ibrahim Alli (rtd) on Wednesday visited Area 11 Command, Onne Port to get firsthand account of the clampdown on unauthorized import through the axis....

October 30, 2019 No Responses

Emefiele:N100b Needed To Revive Cotton, Textile, Garment Sub-sector

More than N100 billion is needed to revive Cotton, Textile and Garment (CTG) sub sector,the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said. Speaking after Memorandum of Understanding (MoU) signing ceremony with some critical s...

October 27, 2019 No Responses

Anyaoku, Others Canvass Support For Border Closure

Eminent Nigerians on Saturday canvassed support for President Muhammadu Buhari-led administration on the closure of Nigeria’s border. They made the call at the 2019 Investiture of the Chartered Institute of Bankers of Nigeria (CIBN) on Saturday in Lago...

October 26, 2019 No Responses

Another 12,000 Farmers To Benefit From CBN’s Anchor Borrowers Scheme

The Rice Farmers Association of Nigeria (RIFAN), Niger chapter, on Saturday said that the Central Bank of Nigeria (CBN) has approved the participation of 12, 000 members in the 2019 Anchor Borrowers Programme (ABP).Alhaji Idris Abini, chairman RIFAN in the...

October 24, 2019 No Responses

Nigeria To IOCs: Foster Peace In Host Communities

The Federal Government on Thursday admonished International Oil Companies (IOCs) to use culture to foster peace in their host communities.The Minister of Information and Culture, Alhaji Lai Mohammed gave the charge in Port-Harcourt at the maiden Nigerian Agip ...

October 23, 2019 No Responses

Investors Stake N6.18b On Zenith Bank’s 357.23m Shares

Investors on the floor of Nigerian Stock Exchange (NSE) on Tuesday staked N7.83 billion on 694.02 million shares in 2,780 deals.The volume of shares traded represented an increase of 182.29 per cent compared with 245.85 million shares valued at N1.36...