Economy Archives — Page 213 of 230

January 18, 2017 No Responses

LADOL joins world business leaders to promote $12 tri economic development targets

The Lagos Deep Offshore Logistics base (LADOL), has joined notable world business promoters in quest of developing a sustainable business outlook that is expected to unlock over US$12 trillion in new market value as well as repair the global economic...

January 17, 2017 No Responses

Investors get N30b unclaimed dividends as SEC extends free registration period

Over N30 Billion has so far been paid to investors in the Nigerian capital market from the backlog of unclaimed dividend, the Securities and Exchange Commission (SEC) has said. Meanwhile, to further reduce the unclaimed dividends profile and curb its...

January 16, 2017 No Responses

FG warns against sales of SIP forms

No scheme under the Federal Government’s Social Investment Programmes (SIP) attracts an application fee. Also on Sunday, the Federal Government advised Nigerians to refuse paying anyone money, adding that five more states would be joing in the implementa...

January 16, 2017 No Responses

Kaduna targets N50.2b IGR in 2017

The Chairman of the Kaduna State Internal Revenue Service (KDIRS), Muktar Ahmed, said the state government generated more than N17 billion as Internally Generated Revenue (IGR) in 2016. He told the News Agency of Nigeria in Kaduna on Sunday that...

January 15, 2017 No Responses

Osinbajo to visit oil-producing communities

In further demonstration of President Muhammadu Buhari’s readiness and determination to comprehensively address the Niger Delta situation, Vice President Yemi Osinbajo, SAN, will be visiting a number of oil communities across some Niger Delta States star...

January 15, 2017 No Responses

How France can help Africa overcome challenges, by Buhari

The partnership between African continent and France has yielded fruits in so many positive ways but France can do more to help Africa overcome its challenges, President Muhammadu Buhari has said. In a statement issued at the 27th Africa-France Summit...

January 13, 2017 No Responses

Global unemployment to rise by 3.4 million in 2017, says ILO

The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, says a new International Labour Oeganisation ( ILO) report. According to...

January 13, 2017 No Responses

Strategic benefits of Nigeria Commodity Exchange, by Minister, BPE boss

The Minister of Industry, Trade & Investment, Dr. Okechukwu Enelamah has said that the proposed strategic investment in the Nigeria Commodity Exchange (NCX) by the Nigeria Sovereign Investment Authority (NSIA) is aimed at revitalizing the operations of the...

January 13, 2017 No Responses

NSE Photo News

R: Pai Gamde, Acting Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Tinuade Awe, General Counsel & Head, Regulation, NSE; Oscar N. Onyema, OON, Chief Executive Officer, NSE; and Adeolu Bajomo, Executive Director, Market Operations &a...

January 12, 2017 No Responses

Nigeria unveils plan to end hunger by 2030

The Federal Government has launched strategic plan and roadmap to achieve zero hunger by 2030. The plan tagged: “Synthesis Report of the Nigeria Zero Hunger Strategic Review” articulates what Nigeria needs to do to achieve Sustainable Development G...

January 12, 2017 No Responses

TinCan Island Port generates N256.4b in 2016

Between January and December 2016, the Tincan island command of Nigeria customs service (NCS) generated n256.4 billion, compared with N266.1 billion in the previous year. The command attribute the slight drop to some factors beyond its control. In a statement...

January 11, 2017 2 Responses

PwC: Emerging markets still deprived of fit-for-purpose financial systems

A new report from the stable of PwC has challenged Policymakers, regulators and financial services organisations to be more active as part of measures to shape a financial system “that is fit for purpose”. The report explained that lack of...

January 11, 2017 No Responses

FG explains $300m diaspora bond

The Minister of Finance, Mrs Kemi Adeosun, on Tueadsy explained that the $300 million Diaspora bond would be rolled out in March this year. Speaking on Tuesday when the Senior Special Assistant on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, ...

January 10, 2017 No Responses

Motorised weeders demonstrate imperatives of cassava mechanisation

Gasoline powered simple weeders adapted for weeding in cassava farms hold promise and may take off the burden of weeding faced by small-scale farmers in Africa. Initially acquired as tillers, these simple tools are being modified and adapted as weeders...