Economy – Page 229 – City Business News

February 17, 2022 No Responses

Lagos Targets One Million Coconut Seedlings In 2022

The Lagos State Coconut Development Authority (LASCODA) says it will produce one million coconut seedlings in conjunction with the private sector in 2022. LASCODA’s General Manager, Mr Dapo Olakulehin told the News Agency of Nigeria (NAN) on Wednesday in Lagos...

February 9, 2022 No Responses

NPA Boss: Skills Acquisition, Manpower Development Key Focus In 2022

The Acting Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, says skills acquisition and manpower development are among the main areas of focus for the authority in 2022. Bello-Koko made this known during a courtesy visit to him ...

January 26, 2022 No Responses

Emefiele: Food Prices Will Moderate In 2022

The Central Bank of Nigeria (CBN) on Tuesday assured Nigerians that food prices would not accelerate the way people had anticipated in 2022. The CBN Governor, Mr Godwin Emefiele, said this while answering questions from the press after presenting the...

January 26, 2022 No Responses

SEC: No Extension Of 2022 License Renewal Exercise After January 31

The Securities and Exchange Commission (SEC) has warned Capital Market Operators (CMOS) and relevant stakeholders that the Jan 31 deadline for renewal of registration licence will not be extended. SEC, in a circular posted on its website, said that ...

January 22, 2022 No Responses

CBN Begins e-Invoice For Importers, Exporters

The Central Bank of Nigeria (CBN) is to begin e-invoice for imports and exports from February 1, 2022. A circular to all authorised dealers and the general public signed by CBN Director in charge of Trade and Exchange Department, Dr....

January 15, 2022 No Responses

SON Tackles Cyber Crimes, Hackers With Standardisation

The Standards Organisation of Nigeria (SON) has expressed its commitment to standardise the nation’s Information Technology (IT) sector as part of measures to tackle huge financial losses to cyber-crimes and hackers,. According to reports, Nigeria ...

January 13, 2022 No Responses

FG Releases 49 New Crop Varieties To Farmers

As part of measures to boost food production in Nigeria, the Federal Government has released 49 new high yield crop varieties to farmers through the National Varieties Release Committee (NVRC). NVRC Chairman, Chief Oladosu Awoyemi, disclosed this on Wedn...

January 12, 2022 No Responses

LCCI Tasks FG On Inflation, Others

The Lagos Chamber of Commerce and Industry (LCCI) has called for better management of the country’s inflation, foreign exchange(FX) and debt portfolio indexes. LCCI President, Dr Michael Olawale-Cole, made the call during the Chamber’s 2022 first qua...

January 11, 2022 No Responses

Nigeria, Greece Sign MoU On Economy, Security

The Federal Government has signed a Memorandum of Understanding (MoU) with the Hellenic Republic of Greece to strengthen bilateral ties, Nigeria’s economy diversification, and security, among others. Nigeria’s Minister of Foreign Affairs, Geoffrey On...

December 22, 2021 No Responses

Obaseki: Edo Has The Largest Oil Palm Plantation Under Cultivation In Nigeria

With the cultivation of 120,000 hectares, Edo State has the largest oil palm plantation under cultivation in Nigeria, Edo State Governor, Godwin Obaseki has said Obaseki said this during a visit by members of the Plantation Owners Forum of Nigeria...

December 12, 2021 No Responses

World Bank Applauds Kano State APPEALS Project

The World Bank on Saturday in Kano commended the successes recorded in its Agro-processing Productivity Enhancement and Livelihood Improvement Support Project. Dr Adetunji Oredipe, World Bank Task Team Leader gave the commendation while fi...

December 9, 2021 No Responses

Housing Deficit: SEC Pledges Collaboration With Stakeholders

The Securities and Exchange Commission (SEC) has pledged to collaborate with relevant stakeholders on real estate investments in as part of measures to curtail housing deficit in the country. Director-General of the SEC, Mr. Lamido Yuguda made...

December 7, 2021 No Responses

AMCON To Publish Debtors’ List In January

The Asset Management Corporation of Nigeria (AMCON) has concluded arrangements to publish the full list of the names of individuals, institutions as well as their Directors on its Non-Performing Loans (NPLs) portfolio in national newspapers. The Chairman...

December 7, 2021 No Responses

Market Capitalisation Dips Further By N83b

Transactions in the domestic equities market carried on last week’s bearish performances with the indices dropping by 0.38 per cent, amid sell pressure. Thus, the All-Share Index declined by 159.31 points or 0.38 per cent to close at 42,008.60 from...