Economy – Page 228 – City Business News

March 17, 2022 No Responses

Fidelity Bank Sensitizes Customers on Emerging Opportunities In Non-Oil Exports, CBN RT200 FX Policy

The Central Bank of Nigeria’s (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years have been given a major boost with a recently held workshop for exporters and investors in...

March 16, 2022 No Responses

Nigeria Generates $3b From Non-Oil Export Products In 2021

The Nigerian Export Promotion Council (NEPC) has said that the country exported non-oil products worth 3.45 billion U.S dollars in the 2021 fiscal year. Executive Director of the NEPC, Mr Ezra Yakusak, who disclosed this while speaking at a seminar...

March 16, 2022 No Responses

Wabote: Business Owners Contribute Positively To National Development-

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, says Nigerian business owners are growing and contributing positively to national development in terms of their capacities and capabilities. Wabote stated th...

March 15, 2022 No Responses

NCC To Partner CBN On e-Fraud

The Nigerian Communications Commission (NCC) is to partner Central Bank of Nigeria (CBN) to tackle e-fraud identified as the greatest threat to digital finance. NCC’s Director of Consumer Affairs Bureau, Mr Efosa Idehen, gave the assurance at the...

March 11, 2022 No Responses

Edo Delegation Visits ICRC, Explains Agro-Based River Port

Representatives from Edo Government on Wednesday, visit the Infrastructure Concession Regulatory Commission (ICRC) with a view to establishing an agro-based river port. This is contained in a statement issued by Manji Yarling, the Acting Head, Media and ...

March 10, 2022 No Responses

INEC Assures People With Disabilities Of Unhindered Access At Ekiti, Osun Governorship Elections

The Independent National Electoral Commission (INEC) has made adequate preparations to improve the participation of Persons with Disabilities (PWDs) in the forthcoming Osun and Ekiti governorship elections. INEC’s Resident Electoral Comm...

March 9, 2022 No Responses

NEPZA Pledges Wider Corridor For Women Investors

The Nigeria Export Processing Zones Authority (NEPZA) has reiterated its commitment to provide wider business corridor for prospective women investors to access the country’s Free Trade Zones. A statement issued on Tuesday by Martins Odeh, Head, Corpor...

March 5, 2022 No Responses

Qatari Investments In Nigeria To Hit N500b

The Ambassador of the State of Qatar to Nigeria, Dr. Ali Al-Hajri, says his country has stepped up efforts to increase investment in Nigeria with expectations to hit about N500 billion before the year ends. Al-Hajri said this at the...

March 2, 2022 No Responses

Can LNG Replace Russian Gas In Europe?

By Ed Cox, Head of Global LNG at ICIS — LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely. But the best-connected European LNG terminals...

March 1, 2022 No Responses

CBN Releases Operating Guidelines For R200 Policy

The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy. The News Agency of Nigeria (NAN) recalls that the apex bank recently initiated the R200 policy in an effort to reduce exposure to volatile...

February 27, 2022 No Responses

Buhari Reiterates FG’s Commitment To Partner Private Sector

President Muhammadu Buhari has reiterated the commitment of the Federal Government to partner the private sector as part of measures to move the economy forward. The president, represented by the Minister of Trade and Investment, Mr Niyi Adebayo, stated ...

February 27, 2022 No Responses

KADCCIMA Seeks National Status For Kaduna Trade Fair Complex

The Kaduna Chamber of Commerce, Industries, Mines and Agriculture (KADCCIMA) has appealed to the Federal Government to declare the Kaduna International Trade Fair Complex a “national edifice”. The President, Alhaji Suleiman Aliyu, made the appeal in ...

February 26, 2022 No Responses

VIN:Shippers’ Council Appeals To Protesters, Explains Impact On Economy

The Nigerian Shippers’ Council (NSC) on Friday urged freight forwarding associations protesting against the Vehicle Identification Number (VIN) Valuation Policy at the Lagos ports to suspend their protest in the interest of Nigerian economy. According ...

February 18, 2022 No Responses

Nestlé Nigeria Unveils NESCAFÉ MALTY

Nestlé Nigeria has introduced NESCAFÉ MALTY, a new blend of coffee and maltin the NESCAFÉ 3in1 coffee options. Speaking at the launch of the new NESCAFÉ Malty 3in1 in Lagos, the Managing Directorand CEO of Nestlé Nigeria PLC, Mr Wassim...