Economy Archives — Page 23 of 247

October 29, 2024 No Responses

NADDC Boss In Morocco, Highlights Auto Sector’s Investment Opportunities

In line with the investment promotion drive of Nigerian Automotive Industry Development Plan (NAIDP), the Director General, National Automotive Design and Development Council (NADDC), Mr Oluwemimo Joseph Osanipin on Tuesday, 29th October, 2024 presented the investment opportunities that abound in...

October 29, 2024 No Responses

Access Bank Unveils ‘Power Of 100 Africa’ To Celebrate Women

Access Bank has announced the launch of The Power of 100 Africa initiative, aimed at honoring women driving change across various sectors in Africa. Building on the success of the 2015 Power of 100 book, which celebrated influential Nigerian women,...

October 29, 2024 No Responses

Shippers’ Council: Non-Implementation Of Cargo Tracking Notes Cost Nigeria $500m Annually

The Executive Secretary, Nigerian Shippers Council (NSC), Barr Pius Akutah, on Monday, disclosed that Nigeria is losing $500million annually due to the non-implementation of the International Cargo Tracking Notes (ICTN).Akutah disclosed the development during ...

October 29, 2024 No Responses

Northern Govs Faults Proposed Tax Reform Bill

The Northern Governors Forum has kicked against the proposed Tax Reform Bill that was forwarded to the National Assembly. It stated that the proposed tax bill is against the interests of the North and other sub-nationals. In a communique read...

October 29, 2024 No Responses

Chukwuma Applauds Fintiri For Buying IVM Vehicles As NIPR Volunteers To Promote Innoson Brand

The Chairman/Chief Executive Officer, Innoson Vehicle Manufacturing Company Ltd (IVM), Chief Innocent Ifediaso Chukwuma, CON, has urged governors and other public office holders to borrow a leaf from their counterpart in Adamawa State who has adopted a p...

October 29, 2024 No Responses

Photo News

Nigerian Institute of Public Relations (NIPR) President, Dr. Ike Neliaku (right), congratulates Innoson Vehicle Chairman, Chief (Dr.) Innocent Chukwuma, CON, after presenting to him the NIPR Diamond Anniversary Award during a facility tour of the IVM auto plan...

October 29, 2024 No Responses

United Capital Emerges Biggest Winner At 2024 BAFI Award

United Capital Group dominated the 2024 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, securing five major awards and solidifying its position as a top-tier financial services powerhouse. City Business News report that the Pan-Af...

October 29, 2024 No Responses

Senate Begins Screening Of Ministerial Nominees Tuesday

The Senate is set to begin screening of seven ministerial nominees recently announced by President Bola Tinubu on Tuesday This follows the earlier request to the Senate by President Tinubu to confirm the new ministerial nominees. The Special Adviser to.....

October 28, 2024 No Responses

FBNHoldings Opens N150b Rights Issue

FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion, to existing shareholders.This offering by FBNHoldings is based on one new ordinary share for every six ordinary...

October 28, 2024 No Responses

CNG: Dangote Invests $280m In Trucks, Infrastructure

Dangote Cement Plc has invested over $280million in Compressed Natural Gas (CNG) technology and infrastructure, in line with President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner alternatives for Nigerians, Tinub...

October 28, 2024 No Responses

NDLEA Intercepts US, Europe-Bound Drugs, ₦16.6b Opioids At Seaports

The National Drug Law Enforcement Agency (NDLEA) has intercepted some hard drugs concealed in soles of shoes and hair attachments heading to the United States and some parts of Europe. Announcing this in a statement on Sunday, NDLEA spokesman, Femi...

October 27, 2024 No Responses

Bayelsa Announces N80,000 Minimum Wage

Governor of Bayelsa State, Senator Douye Diri, has approved the sum of N80,000 as the new minimum wage for workers in the state’s civil service, effective November 1, 2024.Governor Diri also approved an increase in the monthly pension of retired...

October 27, 2024 No Responses

Tinubu Congratulates Shirley Botchwey, Incoming Commonwealth Secretary-General

President Bola Tinubu on Saturday congratulated Ghana’s Minister for Foreign Affairs and Regional Integration, Shirley Botchwey on her election as the incoming Secretary-General of the Commonwealth. On Friday, leaders of the 56 Commonwealth nations meeting i...

October 26, 2024 No Responses

Corruption: Customs Boss Reads Riot Act to Newly Inaugurated ACTU Members

As part of ongoing efforts to enhance integrity and transparency in Customs operations, the Comptroller-General of Customs (CGC), on Thursday, 25 July 2024, read a riot act to the Anti-Corruption and Transparency Unit (ACTU) members at the Nigeria Customs Head...