Economy – Page 216 – City Business News

August 13, 2022 No Responses

Customs Generates N1.293tri In Six Months

Between January and June, this year, the Nigeria Customs Service (NCS), generated N1.293 trillion into the Federation Account, 28.8 per cent higher than the N1.004 trillion attained within the same period in 2021. Addressing Journalists on Friday in Abuja, the...

August 13, 2022 No Responses

WFE: $18 Trillion Wiped Off Global Markets In First Half of 2022

New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, lays bare the full economic impact of the Ukraine war upon a global economy still trying to recover from the...

August 12, 2022 No Responses

NPA Receives 21 Ships With Petroleum Products, Frozen Fish, Wheat, Others

The Nigerian Ports Authority (NPA) on Thursday disclosed that 21 ships are expected to arrive at the port from Aug. 11, 2022 According to NPA in its daily Shipping Position, the ships are expected to arrive at the Lagos Port...

August 10, 2022 No Responses

Cocoa Farmers Task FG, SON On Pesticides Regulation

Cocoa farmers in Cross River, have appealed to the Federal Government to tackle the influx of fake and substandard pesticides into the country. The farmers under the aegis of the Cocoa Association of Nigeria (CAN), Cross River chapter, gave the...

August 9, 2022 No Responses

‘Benin River Port’ll Ease Congestion of Lagos Ports, Enhance Economic Growth‘

Benin River Port, on completion, will ease the congestion being experienced daily at the various ports in Lagos, Edo State Governor, Mr. Godwin Obaseki, reiterated on Monday. Addressing delegates at the panel review exercise on the Environmental an...

August 8, 2022 No Responses

How To Address Nigeria’s Economic Challenges, By NECA

The Nigeria Employers’ Consultative Association (NECA) has described the economic challenges facing the country as multi-faceted and called for a holistic and multi-pronged approach to resolving them. NECA’s Director-General, Mr Wale Oyerinde, in a state...

August 6, 2022 No Responses

FG: Dala Dry Port Has Potential To Service Cargo Needs Of Nigeria, Niger Republic, Mali

The Kano Dala Dry Port project has the potential to service the cargo needs of the North West, North East, Niger Republic and Mali with a seamless transportation system for both import and export, the Permanent Secretary, Ministry of Transportation, Dr Mag...

August 5, 2022 No Responses

FG Partners World Bank On Land Remediation

The Federal Government is to partner World Bank to establish Agro-Climate Resilience in Semi-Arid Landscapes (ACRESAL), a programme to remediate drylands and wetlands across the country. The Minister of Environment, Alhaji Mohammed Abdullahi, said this at th...

August 5, 2022 No Responses

Buhari Challenges BUA Chairman On Investments, Charity

President Muhammadu Buhari has urged businessman and philanthropist, Abdulsamad Rabi’u, to carry forward his momentum of investments and charitable deeds as he marks his 62nd birthday. Malam Garba Shehu, the president’s spokesman stated that the...

August 5, 2022 No Responses

Naira Gains Marginally At Investors, Exporters Window

The Naira on Thursday gained against the dollar at the Investors and Exporters window, exchanging at N428.12. The figure represented an increase of 0.25 per cent compared with the N429.20 it exchanged for the dollar on Wednesday. The open indicative...

August 3, 2022 No Responses

FG Inaugurates National Cocoa Management Committee

The Federal Government on Tuesday inaugurated the National Cocoa Management Committee (NCMC), to tackle some of the challenges in the cocoa sector. Speaking at the inauguration of the 11-man Committee on National Cocoa Management, in Abuja, the Minister ...

August 3, 2022 No Responses

Dakio: Palm Oil, Key To Economic Prosperity In Niger Delta

Interim Administrator, Presidential Amnesty Programme in the Niger Delta, Retired Col. Milland Dikio has challenged youths in the region to exploit opportunities in the oil palm business. Addressing a workshop in Yenagoa organised by a group of ex-agitators...

August 2, 2022 No Responses

Jime: FG To Designate All Inland Dry Port As Port Of Origin

The Executive Secretary, Nigerian Shippers’Council (NSC) Mr Emmanuel Jime, says the Federal Ministry of Transportation is in the process of designating all dry ports to be port of origin and destination. Jime made this known at a stakeholders sensiti...

August 2, 2022 No Responses

DMO Lists Additional FGN Savings Bonds

The Debt Management Office (DMO) has announced two additional Federal Government of Nigeria (FGN) savings bonds for an offer for the month of August, at N1,000 per unit. DMO explained on Monday in Abuja that the first offer is a...