Economy Archives — Page 24 of 230

August 17, 2024 No Responses

Ecobank Unveils Top Finalists For 2024 Fintech Challenge

Ecobank has announced the top finalists for the first-ever and inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event held at the Ecobank Pan African Centre in Lagos, Nigeria. According to Ecobank, the finalists were selected from a cohort of 40...

August 17, 2024 No Responses

FG, States, LGAs Share N1.358trilion In July

For the Month of July, 2024, N1.3 trillion has been disbursed to the Federal , State and Local Government Areas. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. A...

August 17, 2024 No Responses

Ondo Begins Payment Of N3.2b Gratuity To Retirees

Ondo State Governor, Lucky Aiyedatiwa, has flagged off the third batch of payment of a sum of N3.2 billion backlog of gratuities to retirees in the state. The payment is made up of N2.2 billion in gratuities to state civil...

August 16, 2024 No Responses

NPA Appoints New Port Managers For Apapa, Tin Can, Others

The Nigerian Ports Authority (NPA) has appointed new port managers as part for measures to enhance efficiency.The appointment, according to NPA takes immediate effect.A memo dated August 14, 2024 signed by the NPA Managing Director, Dr. Abubakar Dantsoho, expl...

August 16, 2024 No Responses

Nigeria Confirms 39 Cases Of Monkey Pox

The Nigeria Centre for Disease Control (NCDC) has confirmed 39 cases of monkeypox across 33 states and the Federal Capital Territory. Director General of the NCDC, Dr Jide Idris, disclosed the development on Thursday at a press briefing on the declaration of...

August 16, 2024 No Responses

‘Cartel Behind Nigeria’s Payment Of War Risk Premium’

The persistent war risk premium imposed on vessels operating in Nigerian waters is influenced by a cartel within the international insurance sector, the Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola, has ...

August 15, 2024 No Responses

NCDMB Boss At BEAMCO, Lauds NLNG, Train-7 Project

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday visited the facilities of BEAMCO Nigeria Limited in Lagos and commended the oil and gas service firm for the giant strides it recorded in....

August 15, 2024 No Responses

ACCESS Holdings Plc Extends Rights Issues Acceptance To August 24

Following the approval of the Securities & Exchange Commission (SEC), Access Holdings Plc has extended the acceptance period for its ongoing Rights Issue to August 23, 2024. It was initially scheduled to close on August 14, 2024. A statement signed...

August 15, 2024 No Responses

Lagos To Crackdown On Vandals Of BRT Buses

The Lagos State Government has vowed to crack down and bring the full weight of the law on criminal elements who are fond of attacking and vandalising BRT buses in the state. Mr. Idowu Oguntona, the Managing Director/CEO of Lagos...

August 13, 2024 No Responses

DMO Offers Two FG Savings Bonds For Subscription

The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a statement by the DMO on Monday, the first offer is a two-year FGN savings bond due...

August 13, 2024 No Responses

NIMC Reaffirms Commitment To Protection Of NIN Database

The Director General/Chief Executive Officer of NIMC, Engr Abisoye Coker-Odusote, has reiterated the safety and protection of data in its National Identity Database (NIDB) as the country commemorates the National Civil Registration and Vital Statistics (CRVS) ...

August 13, 2024 No Responses

UBA, Four Others Face $900k Fraud Charges

United Bank for Africa (UBA) Plc has announced a strategic partnership with the Young Lawyers Forum (YLF) of the Nigerian Bar Association (NBA) with the aim to propel the professional development of over 50,000 young legal practitioners across Nigeria, by...

August 12, 2024 No Responses

NDLEA Intercepts US, UK-Bound Cocaine Consignments

The National Drug Law Enforcement Agency (NDLEA) has intercepted multi-billion-naira worth of cocaine concealed in automobiles and Ghanaian fabric, Kente. In a statement issued on Sunday by the agency’s spokesman, Femi Babafemi, 2.32 kilograms of cocaine con...

August 11, 2024 No Responses

Lagos Increases Blue Rail Line Trips To 72 Per Day

The Lagos Rail Mass Transit (LRMT) Blue Line will from Monday, 12th August 2024 increase its number of trips from 54 to 72 per day. However, the current schedule for Sunday operations remained unchanged The Managing Director of Lagos Metropolitan.....