Economy Archives — Page 212 of 230

February 2, 2017 No Responses

FG constitutes task force on food prices

The Federal Governmrnt has constituted a Presidential Task Force to urgently consider measures that would ensure a steady flow of produce to the market and reverse recent price increases. Giving the directive on Wednesday at the Federal Executive Council meeting,...

February 2, 2017 No Responses

Employment Irregularities:SEC gets one week ultimatum

The House of Representatives Committee on Federal Character has given the Security and Exchange Commission, SEC, one week to correct alleged employment irregularities in the commission. The commission was directed to report back to the committee after the dead...

February 2, 2017 No Responses

Contributory pension scheme takes off in Edo

Edo state governor, Godwin Obaseki, on Wednesday appointed 15 pension fund administrators to undertake the enrollment of employees in the state public service in accordance with his 2017 budget presentation speech. A statement by the Chief Press Secretary, Mr....

February 2, 2017 No Responses

FG, UBA restate commitment to development of creative industry

REDTV, an online lifestyle channel that puts the spotlight on Africa with a distinct global appeal, in conjunction with The Naked Convos has premiered a new web-series titled, ‘Our Best Friend’s wedding’. REDTV is supported by the United Bank for...

February 1, 2017 No Responses

FirstBank gets global brands awards

First Bank of Nigeria limited has won the “Best Banking Brand, Nigeria 2016”& “Best Banking Performer, Nigeria 2016” in the Global Brands Awards. The awards are instituted to identify and recognise the significance of exceptional service delivery a...

January 26, 2017 No Responses

How to grow liquidity in emerging markets, by WFE

January 25, 2017 No Responses

Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria Plc, on Tuesday in Lagos, secured shareholders approval for its proposed N40 billion Rights Issue. Speaking at the Extra-Ordinary General Meeting (EGM), Babatunde Savage, Chairman, Guinness Nigeria Plc, said: “Guinness Nigeria has been i...

January 24, 2017 No Responses

Nigeria’s goal is to ensure stronger, more robust African Union, says Osinbajo

Nigeria will continue to work together with other African countries to ensure that the African Union becomes a stronger and more robust organization for the benefit of the continent and its people, the Vice President, Yemi Osinbajo,has said. Osinbajo, who...

January 24, 2017 No Responses

BPE boss seeks concession of 380,000 hectre of River Basin Authority land

The only way to check the encroachment of the over 380,000 hectres of arable land belonging to the 12 River Basin Development Authorities (RBDAs) in the country by unauthorized persons is to concession or lease such land to top flight...

January 24, 2017 No Responses

WFTU President arrives in Nigeria, to interact with trade union leaders

The President of World Federation of Trade Unions (WFTU), Comrade Mzwandile Michael Makwayiba arrived in Lagos, Nigeria on Monday on a three day working visit. On Tuesday, 24th January, Makwayiba is scheduled to meet with Nigerian affiliates and other lead...

January 23, 2017 No Responses

Exchange rate tops agenda as MPC holds first meeting in 2017

Foreign exchange crisis will top the agenda Monday and and Tuesday as the Central Bank of Nigeria’s Monetary Policy Committee (MPC) holds its first meeting in 2017. Members of the committee are also expected to come up with more measures...

January 20, 2017 No Responses

SEC, EFCC seal partnership on efficient investigation, training

To ensure an effective policing of the capital market, the Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have signed a Memorandum of Understanding (MoU). A statement issued by SEC explained that the ceremony t...

January 20, 2017 No Responses

Obaseki inaugurates Agric committee, targets 80,000 jobs

Governor Godwin Obaseki of Edo on Thursday inaugurated an ad hoc committee under the Agriculture Empowerment Initiative to revamp agriculture in the state. Obaseki, while inaugurating the committee at the Government House in Benin, said that the ad hoc committ...

January 19, 2017 No Responses

Dangote at WEF, canvasses genuine efforts at tackling power deficit in Africa

Foremost industrialist and President of Dangote Group, Aliko Dangote has told the audience at the World Economic Forum (WEF)in Davos, Switzerland that a joint effort between government and private sector to tackle the power deficit remained a key element in...