Economy Archives — Page 200 of 231

August 10, 2017 No Responses

Hong Kong issues block exemption for liner VSAs

Hong Kong has granted a block exemption order (BEO) for vessel sharing agreements (VSAs) in the liner shipping industry. The country’s competition commission issued the order on August 8 in response to an application received from the Hong Kong Liner Shipping...

August 9, 2017 No Responses

Customs impounds 12 new Toyota LandCruiser, 17 Hilux, others worth N1.3billion

By Moses Ebosele, ebosele@hotmail.com – Thirty-seven new vehicles allegedly smuggled into the country through land borders has been impounded by the Nigeria Customs Service (NCS). Briefing Journalists in Lagos on Tuesday, Comptroller General o...

August 4, 2017 No Responses

NSE gets CSR award

The Lagos Chamber of Commerce and Industry (LCCI) has honoured the Nigerian Stock Exchange (NSE) with Corporate Social Responsibility (CSR) of the Year Award. Speaking at the Commerce & Industry Awards 2017 , Muda Yusuf, Director General of the....

August 3, 2017 No Responses

IMF: Economic backdrop in Nigeria remains challenging

The economic backdrop in Nigeria remains challenging, despite some signs of relief in the first half of 2017, International Monetary Fund (IMF), has said. At the end of a visit to Nigeria, IMT team led by Amine Mati, Senior...

August 3, 2017 No Responses

Ecobank unveils “double your target saving” Promo

Ecobank Nigeria has unveiled a “Target Savings Promo”, giving customers the opportunity to win double their savings in the bank within a specified period. The promo tagged, Double Your Target Savings Promo is intended for customers who want to build...

August 1, 2017 No Responses

FG implores Dangote on 2019 completion date for refinery

The Federal Government has said it relies heavily on the Dangote refinery to fulfil its promise to Nigerians to end fuel importation by December 2019. To this end, the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, who visited...

July 31, 2017 No Responses

Sultan of Sokoto: We need more Tony Elumelus to take our children off the streets

The Sultan of Sokoto, Sultan Muhammadu Sa’ad Abubakar III, has commended the Tony Elumelu Foundation and its Founder, Tony O. Elumelu for their contribution to entrepreneurship and creation of jobs for young people in the North. The Sultan made t...

July 31, 2017 No Responses

Oscar Onyema, NSE CEO elevated fellow of IoD Nigeria

The Chief Executive Officer of Nigerian Stock Exchange, Mr Oscar N. Onyema was on Friday, July 28, 2018 elevated to a Fellow of the Institute of Directors, Nigeria. Fellowship is one of the highest honours the IoD can bestow...

July 30, 2017 No Responses

Nigeria reiterates right business environment for investors

Industrialisation and diversification of the economy remain the focus of President Muhammadu Buhari’s administration, the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelama has said. Speaking during his visit to Abia State, the Minister ...

July 28, 2017 No Responses

Osinbajo: FG is unequivocally committed to success of private sector

First, let me say how pleased I am to be here today. There are two events taking place here today: the first is the formal release ceremony to discharge Indorama Eleme Petrochemicals Limited, (IEPL), from the mandatory Monitoring Programme of...

July 27, 2017 No Responses

Osinbajo inaugurates $1.5B Indorama fertilizer plant

Acting President, Yemi Osinbajo, will inaugurate a new world-class fertilizer plant built by Indorama Eleme Fertilizer and Chemicals Limited on Thursday in Port Harcourt, Rivers State. The plant with production capacity for 1.5 million Metric Tons of Urea ...

July 27, 2017 No Responses

EFCC recovers N328.9b from NNPC retails, Oando, Total, Mobil, others

The Economic and Financial Crimes Commission (EFCC) has recovered a total sum of N328, 988,296,990.62 from NNPC retails, Oando Plc, Mobil Plc, Conoil Plc, Total Plc, OVH Energy Plc, Forte Oil and Gas Plc, MRS Oil Plc and NIPCO Oil...

July 26, 2017 No Responses

Guinness Nigeria Photo News

L–R:Ron Plumridge, Finance Director, Guinness Nigeria Plc; Viola Graham-Douglas, Corporate Relations Director, Guinness Nigeria Plc; Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Peter Ndegwa, Managing D...

July 23, 2017 No Responses

Nigeria to inaugurate $700,000 capacity development facility for youth agripreneurs

Nigeria will on Monday 24 July, 2017 inaugurate $700,000 youth training facility comprising two major training rooms that can sit conveniently 50 trainees each. Funded by the Federal Ministry of Agriculture and Rural Development and IITA, the facility s...