Economy Archives — Page 2 of 258

April 30, 2025 No Responses

EFCC Charges Banks On Improved KYC

The Economic and Financial Crimes Commission, EFCC, has called on financial institutions across the country to strengthen their collaboration with the Commission towards ridding the nation of economic and financial crimes and other acts of corruption. This charge was given...

April 30, 2025 No Responses

CAC Gives Six-Week Ultimatum To Unregistered Businesses

The Corporate Affairs Commission (CAC) has issued a six-week notice to unregistered businesses to register with the Commission. This was disclosed in a statement issued by the CAC on Tuesday, titled: “PUBLIC NOTICE: CARRYING ON BUSINESS IN NIGERIA UNDER AN.....

April 30, 2025 No Responses

NLNG Unveils New Economic Empowerment Strategy

NLNG has relaunched one of its key economic empowerment programmes formerly known as Youth Empowerment Scheme (YES) as a way of spurring the growth of small businesses and youths within it’s over 110 host and pipeline communities in Rivers State....

April 29, 2025 No Responses

SEC DG In Morocco, Urges Co-Operation Among African Markets

The Securities and Exchange Commission (SEC), has urged cooperation among African markets in a bid to build a stronger interconnection within the continent and enhance development of new products.Director General of the Securities and Exchange Commission, Dr. ...

April 28, 2025 No Responses

NNPC Boss Receives NLNG Delegation

The Group Chief Executive Officer, (GCEO) Nigerian National Petroleum Corporation Limited ( NNPCL), Mr. Bashir Bayo Ojulari, on Monday received a delegation from Nigeria LNG Limited (NLNG) on a courtesy visit.The GCEO described the NLNG as a strategic business...

April 28, 2025 No Responses

GTCO Shareholders Okay N8.03 Per Share Dividend

For the financial year ended December 31, 2024, Shareholders of Guaranty Trust Holding Company (GTCO) Plc have approved the payment of a total dividend of N8.03 per share.This decision was taken at the company’s fourth annual general meeting, held virtua...

April 26, 2025 No Responses

FG Explains Aso Rock Solar Installation

The Federal Government (FG), through the Director General, Energy Commission of Nigeria, Mustapha Abdulahi has explained its decision to install solar panels at the Aso Rock Villa, the seat of power in the country. According to Abdulahi, it is unsustaina...

April 25, 2025 No Responses

FG Pledges To Complete Jos Inland Dry Port

The administration of President Bola Ahmed Tinubu will complete the Jos inland dry port project in Heipang , Plateau State, the Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, MON, has declared.Dr. Akutah...

April 25, 2025 No Responses

SEC To Nigerians: Report Any Suspected Illegal Investment Schemes

The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investments scheme to the commission for proper investigation and necessary action.The Commission said this in a notice issued on Thursday to the investing public,...

April 24, 2025 No Responses

NPA, PEBEC To Enhance Port Efficiency, Ease of Doing Business

The Presidential Enabling Business Environment Council (PEBEC) and the Nigerian Ports Authority (NPA), on Thursday, launched the Ports and Customs Efficiency Commitee (PCEC) to end N912.5 billion Nigeria lost annually to port inefficiencies.Speaking at the ina...

April 24, 2025 No Responses

FG Bans Waivers For Threaded Pipes

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday announced a ban on the issuance of waivers for the importation of threaded pipes for use in the Nigerian oil and gas industry.He handed the directive to...

April 24, 2025 No Responses

NCDMB Pledges Support For MT Group’s Valves Manufacturing Plans

A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in a 15,000 tons per year...

April 24, 2025 No Responses

NIMASA Pledges CVFF Disbursement By August

In response to a firm directive from the Minister of Marine and Blue Economy, Adegboyega Oyetola, the Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged to commence the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF)...

April 24, 2025 No Responses

Commissioner: Over 135,000 People Living With HIV In Lagos

The Lagos State Commissioner for Health, Professor Akin Abayomi, has revealed that over 135,000 residents in the state are currently living with HIV, even as the government steps up efforts to improve healthcare delivery and reduce disease prevalence. He discl...