Economy – Page 213 – City Business News

September 20, 2022 No Responses

Shippers’ Council Implores Stakeholders On Seaports Automation

The Nigeria Shippers Council (NSC) has urged maritime stakeholders to support ongoing automation of the nation’s seaports. Speaking as one of the panelists at the 2022 annual Finance Correspondents Association of Nigeria (FICAN) conference in Lagos, Assistant Director Stakeholder...

September 20, 2022 No Responses

Shippers’ Council, NEXIM, NIWA, Navy, Strengthen Regional Shipping Line Partnership

The Nigeria Export-Import Bank (NEXIM) is currently working with the Nigeria Shippers’ Council (NSC), Nigerian Navy, National Inland Waterways Authority (NIWA) as part of measures to ensure smooth execution of the sub-Saharan regional shipping line project s...

September 20, 2022 No Responses

Yobe Earmarks N10.8b For Road Projects

The Yobe State Government, on Tuesday, disclosed that it will utilise N10.8 billion of the N18 billion refund received from the Federal Government on road construction projects. The News Agency of Nigeria (NAN) reports that the recent N18 billion...

September 19, 2022 No Responses

SEC, UBA, BoI, Others Elaborate On Non-Oil Export Opportunities

The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the Financ...

September 19, 2022 No Responses

UBA DMD: Creative Industry Can Boost Nigeria’s Export Earnings

Mr Muyiwa Akinyemi, the Deputy Managing Director, United Bank for Africa Plc, has advised the Federal Government to take advantage of the opportunities in the creative industry for sustainable export earnings. Akinyemi gave the advice at the annual confe...

September 18, 2022 No Responses

Shippers’ Council, CBN, UBA, Fidelity Bank, Others Harp On Trade Facilitation

By Moses Ebosele, ebosele@hotmail.com — Trade facilitation took the centre stage, in Lagos, on Saturday as key stakeholders brainstorm on challenges, existing modalities and gains recorded so far. Speaking at the event, which forms part ...

September 18, 2022 No Responses

Kano Agro-Project Awards N6b Milk centres, Irrigation Contract

Kano State Agro-Pastoral Development Project (KSADP) has awarded N6 billion contract for the construction of irrigation infrastructure and milk collection centres across the state. The projects would be sited across 16 local government areas of the state, a ...

September 16, 2022 No Responses

Selloffs Persist As Equity Market Drops N19b

Profit-taking continued on Thursday as the market capitalisation of the Nigerian Exchange Ltd. (NGX) lost N19 billion to close at N26.721 trillion as against N26.740 trillion the previous day. The All Share Index (ASI) also decreased by 35.45 points or.....

September 13, 2022 No Responses

FCCPC Targets N14.3b Revenue In 2023

The Executive Vice Chairman, Federal Competition and Consumer Protection Commission (FCCPC), Mr Babatunde Irukera, on Monday, disclosed that the commission had a target revenue of N14.3 billion for 2023. Irukera made this known at a hearing on the 2023-2025 ...

September 13, 2022 No Responses

EFCC Partners Customs, Others To Tackle Corruption

The Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC) has called on stakeholders particularly law enforcement agencies, to support the anti-graft crusade of the commission. The EFCC Zonal Commander, Mr Michael Nzekwe, made the appeal ...

September 12, 2022 No Responses

SEC Harps On Crowdfunding Benefits

The Securities and Exchange Commission (SEC) has said that the operationalization of Crowdfunding will accelerate the Financial Inclusion agenda in Nigeria while increasing the quantum of investible funds by unlocking the untapped capital in the economy. ...

September 9, 2022 No Responses

Q2: Nigeria’s Total Trade Stands At N12.841b

Nigeria’s total merchandise trade stands at N12,841.54 billion, in the second quarter of 2022, the National Bureau of Statistics(NBS), has said. This is according to the NBS Foreign Trade in Goods Statistics Report for Q2 2022 released in Abuja on...

September 9, 2022 No Responses

Edo Harps On Critical Role Of Oil Palm In Economic Diversification

Edo State Governor, Godwin Obaseki, has urged Stockbrokers to consider the impact increased investment in the oil palm sector can make in rejuvenating the Nigerian economy, adding that cash crops such as oil palm, rubber and timber among others were...

September 8, 2022 No Responses

NPA Receives 24 Ships Laden With Wheat, Sugar, Frozen Fish, Others At Lagos Ports

The Nigerian Ports Authority (NPA) on Wednesday said 24 ships conveying bulk sugar, container, bulk wheat, bulk gypsum, frozen fish and others were expected at Lagos ports from September 5 to September 21, 2022. According to NPA, other items expected...