Economy – Page 232 – City Business News

September 27, 2021 No Responses

Fidelity Bank Boss Reiterates Support For SMEs

Banks are not shying away from their responsibilities of supporting Small and Meduim Enterprises (SMEs), Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, has said. Speaking at the annual conference/30th anniversary of the Finance Correspondents Association of Nigeria (FICAN),...

September 26, 2021 No Responses

Ecobank, Future Face Africa Begin Model Search

Ecobank Nigeria has entered into partnership with Future Face of Africa for a new talent search “that will be the largest scouting competition Africa has ever seen”. A statement explained that Future Face will focus on new talents, both male...

September 23, 2021 No Responses

FG To Promote Digital Economy

The Federal Government has said that it would facilitate the promotion of industrial digital economy, sustainable and inclusive economic development in Nigeria and Africa. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, said this at ...

September 23, 2021 No Responses

Russian Firms Indicate Interest In Nigeria

The President of the Russian Chamber of Commerce, Mr Sergey Katyrin, has said that Russian companies and businesses were ready to partner and invest in Nigeria. This was contained in a statement signed by the Nigerian Embassy in Moscow, Russia,...

September 16, 2021 No Responses

Ondo, Ekiti Export 2,233 Cocoa Bean Containers In Eight Months

Between January and August 2021, Ondo/Ekiti Area Command of the Nigeria Customs Service (NCS) processed the export of 2,233 containers of cocoa beans. Comptroller of Ondo/Ekiti Area Command, Uche Ngozi made the disclosure on Wednesday during a wo...

September 13, 2021 No Responses

Fidelity Bank Grows PBT by 72.4% In Six Months

Fidelity Bank Plc has posted a profit before tax (PBT) of N20.6 billion for the six months ended June 30, 2021. The Managing Director/Chief Executive Officer of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, disclosed this in the bank’s audited half-year (H1)...

September 12, 2021 No Responses

Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1

Federation of Agricultural Commodity Association of Nigeria (FACAN) says Nigeria’s agricultural export stood at N127 billion in the first quarter of 2021. The figure, according to the organisation, represents 128 percent increase, compared to N55.8 billion i...

September 11, 2021 No Responses

‘Export Africa Commodities As Single Products To Avoid Dual Taxation’

The Chairman/Chief coordinator of African Single Market World Commodities Summit and Expo, Mr Angelo Peter, has urged investors to ensure that African commodities are exported as single product as part of measures to discourage dual taxation. He made thi...

September 10, 2021 No Responses

Tincan Island Customs Command Generates N320b

The Area Controller, Tincan Island Command, Nigeria Customs Service, Comptroller Abdullahi Musa, on Thursday said that the command generated N320.96 billion from January to August, 2021. Musa made this known at a media conference in Lagos. He said that...

September 9, 2021 No Responses

NCC’S STRATEGIC VISION PLAN 2021-2025

SPEECH BY THE EXECUTIVE VICE CHAIRMAN/CHIEF EXECUTIVE OF THE NIGERIAN COMMUNICATIONS COMMISSION (NCC), PROF. UMAR GARBA DANBATTA, FNSE, FAEng, FRAES, FNIEEE AT THE LAUNCHOF THE COMMISSION’S STRATEGIC VISION PLAN 2021-2025, NCC PODCAST AND THE BOOK...

September 9, 2021 No Responses

CBN Tasks Banks, Others On Bulk Payment

The Central Bank of Nigeria (CBN) has directed commercial banks and Payment Service Providers (PSPs) in the country to improve on all bulk payments and transfers systems to ensure transparency. Mr Jimoh Musa, CBN’s Director, Payment System Management D...

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 wi...

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 ...