Economy – Page 228 – City Business News

August 26, 2021 No Responses

Gombe Earmarks N17b For Industrial Park

Gombe State Government has earmarked N17 billion for the construction of the Gombe Ultramodern Industrial Park, to promote medium and small-scale enterprises in the state. The State Governor, Alhaji Inuwa Yahaya, revealed this after a closed-door engagement with the Chief...

August 23, 2021 No Responses

NCC Boss Lists Benefits Of Digital Literacy To Socio-Economic Development

The Executive Vice-Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has identified major benefits in promoting digital literacy in the country. Delivering the first Annual Lecture of the Bic...

August 22, 2021 No Responses

NCC, Others To Increase Nigeria’s GDP‘

The Ministry of Communications and Digital Economy says the Information Communication Technology (ICT) sector will increase its contributions to the country’s revenue, to boost the country’s Gross Domestic Product (GDP). The Minister of Communications and ...

August 13, 2021 No Responses

SEC Nigeria Collaborates With RIMAN To Deepen Capital Market

The Securities and Exchange Commission (SEC) has expressed readiness to collaborate with the Risk Management Association of Nigeria (RIMAN) to deepen the capital market. The Director-General of SEC, Mr Lamido Yuguda, stated this in his goodwill message a...

August 11, 2021 No Responses

’Nigeria Can Earn $20b Annually From Oil Palm’

The Edo State Governor, Godwin Obaseki, has reiterated the need for Nigeria to diversify its economy from crude oil, noting that the nation can earn $20billion annually from the cultivation and production of oil palm. Addressing Journalists in...

July 27, 2021 No Responses

Report: Connecting Schools Has The Potential To Boost GDP Up To 20 Percent

An Economist Intelligence Unit (EIU) report sponsored by Ericsson (NASDAQ: ERIC) has found that nations with low broadband connectivity have the potential to realize an increase in GDP by up to 20 percent by connecting schools to the internet. A...

July 27, 2021 No Responses

Appeals Project Strengthens Capacity Building, Lists Benefit For 39,000 Nigerians

By Moses Ebosele, ebosele@hotmail.com — The National Project Coordinator, World Bank Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS),Alhaji Mohammed Sani Jobdi has pledged the commitment of t...

July 24, 2021 No Responses

Buhari Tasks Contractors On Giving Back To Society

President Muhammadu Buhari has urged businessmen and contractors that benefit from government patronage to give back to the society by engaging in Corporate Social Responsibility. The president, according to a statement by his Senior Special Assist...

July 13, 2021 No Responses

Economist Lauds Danbatta On N150b Spectrum Fees In Five Months

An economist, Dr Matthew Otoide has commended the board, management and staff of the Nigerian Communications Commission (NCC) for exceeding its projected revenue from spectrum license fees for 2021 from N36 billion to N150bil...

June 29, 2021 No Responses

Lafarge Reiterates Enhanced Investments In Nigeria

Lafarge Africa Plc has reiterated commitment to collaborate with the Federal Government agencies to improve investments to accelerate its world’s green transformation agenda. The company’s Board Chairman, Mr Adebode Adefioye, in a statement on Monda...

June 13, 2021 No Responses

Buhari Approves N15trillion Infrastructure Firm

By citybusinessnews@yahoo.com — President Muhammadu Buhari has approved the establishment of Infraco Plc, a world-class infrastructure development vehicle wholly focused on Nigeria with a capital structure of N15 trillion. The president revealed thi...

April 19, 2021 No Responses

Potatoe Boosts Plateau Monthly Revenue By N18m

The Project Coordinator, Plateau Potatoes Value Chain Support Project, Mr Thomas Muopshin, has revealed that the project has significantly boosted the state internally generated revenue. Muopshin in a chat with the News Agency of N...

April 7, 2021 No Responses

Shareholders Task Firms To Cut Operational Cost

The Shareholders Association, Ibadan Zone, has urged companies in Nigeria to be decisive and cut operational costs to catalyze the business environment in the face of economic challenges. Mr Eric Akinduro, the Chairman of the Association, gave the advice...

February 27, 2021 No Responses

CBN Tasks Bank CEOs, Others To Reset Economy

The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has urged Bank Chief Executive Officers and other stakeholders to work together to reset the Nigerian economy to achieve massive growth. Emefiele gave the advice at a one-day...