Economy Archives — Page 217 of 247

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...

July 20, 2017 No Responses

UBA increases international spend limit on naira cards to $2000.

Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review, which represents a marked increas...

July 20, 2017 No Responses

‘Any programme to be consumed by Nigerians must be produced in Nigeria’

The Minister of Information and Culture, Alhaji Lai Mohammed, has reiterated the government’s decision that any programme meant for Nigerians must be produced in Nigeria, saying he was not appointed Minister to develop the economy of other countries a...

July 19, 2017 No Responses

FG releases N243.8B second tranche of Paris Club refund to States, FCT

The second tranche of Paris Club refunds has been released by the Federal Government to the 36 states and the Federal Capital Territory (FCT). A statement issued by the Director of Information, Ministry of Finance, Mr. Salisu Danbatta, explained...