Economy – Page 261 – City Business News

October 8, 2019 No Responses

Buhari Tasks NESG On Economic Growth

President Muhammadu Buhari on Monday challenged Nigerian economists to come up with innovative, productive and made-in-Nigeria ideas as part of measures to grow the economy. Speaking at the 25th editions of Nigerian Economic Summit (NES25) in Abuja, with the theme...

October 7, 2019 No Responses

Cornerstone, Seplat Top Losers’ Table As Market Indices Drop Further By N59b

Transactions on the floor of Nigeria Stock Exchange (NSE) resumed on a negative note on Monday with market capitalization dropping further by 0.45 per cent or N59billion.Specifically, the market capitalisation lost N59 billion or 0.45 per cent to close at...

October 5, 2019 No Responses

Access Bank To Reward 30 DiamondXtra Customers Daily

In commemoration of Nigeria’s 59 years’ independence anniversary, Nigeria’s leading retail bank, Access Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence Splash” to reward over 30 DiamondXtra customers daily with cash p...

October 4, 2019 No Responses

Fidelity Bank Unveils GAIM Season 4

Fidelity Bank Plc on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the culture of savings amongst Nigerians. The Savings campaign which will ride primarily on digital technologies is one...

October 4, 2019 No Responses

Nigeria, Qatar, Russia Fault Unilateral Economic Sanctions

The 21st Ministerial Meeting of Gas Exporting Countries commenced on Thursday in Moscow, Russia under the Chairmanship of Manuel Salvador Quevedo Fernandez, Power Minister of Petroleum of the Bolivarian Republic of Venezuela. The Meeting was attended by ...

October 1, 2019 No Responses

NSE Celebrates Akintola Williams At 100

The Nigerian Stock Exchange (NSE) on Monday organized a symbolic Closing Gong ceremony in celebration of the centenary birthday of one of its leaders, Pa. Akintola Williams.Pa. Akintola Williams, is the only surviving signatory to the original Memorandum and A...

October 1, 2019 No Responses

NSE Records Eight Per Cent Drop In Revenue

Citing uncertainties, the Nigerian Stock Exchange (NSE) on Monday reported eight per cent decline in revenue for the financial year ended December 31, 2018.The Chief Executive Officer of the NSE, Mr Oscar Onyema, made the disclosure on Monday at the...

October 1, 2019 No Responses

Air Peace Secures Approval For Daily Flights To South Africa

The South African government has granted Air Peace the permit to commence commercial flights to Johannesburg, the Nigerian Ministry of Foreign Affairs has said.A spokesperson for the ministry, Ferdinand Nwonye, said the proprietor of the airline, Allen Onyema,...

October 1, 2019 No Responses

Heritage Bank MD: Credible ID Management Will Foster Access To Credit

Managing Director /CEO, Heritage Bank, Mr Ifie Sekibo , has stressed the need for the federal government to work towards creating a credible and strong identity management towards expanding access to credit in the country.Sekibo noting that while the Bank...

October 1, 2019 No Responses

Exploring Collaboration Between NSE, Tuface Idibia

By Olumide Orojimi, To advance its position as the sustainable securities exchange championing Africa’s growth, The Nigerian Stock Exchange (NSE) has signed one of Africa’s biggest musicians, Innocent Tuface Idibia (Tuface) as its first Good Cause Ambassad...

September 30, 2019 No Responses

SEC Nigeria Inaugurates Private Equity Committee

Private sector activities have been described as key drivers for economic growth and development as they create jobs and pay the taxes that finance services and investments.This was stated by Acting Director General of the Securities and Exchange Commission, S...

September 30, 2019 No Responses

Ten Varsity Students Win NIMASA Educational Grants

The Minister of Transportation, Rt. Hon. Rotimi Amaechi, has said that the new maritime security infrastructure being built by the Federal Government, the Deep Sea Project, would be a major economic trigger for the country. Amaechi stated this in Lagos,...

September 28, 2019 No Responses

Lawan Seeks Legislation For Budget Cycle

President of the Senate, Ahmad Lawan, has underscored the need to have a budget reform that will include a law on timeliness in budget passing.“We can reform our budget cycle if there is a law on timeliness for budget passing,”...

September 28, 2019 No Responses

Nigeria Highlights Climate Change Challenges

President Muhammadu Buhari Friday in New York gave some insights into the severe climate challenges confronting the country.At a meeting with the Nigerian Youths Climate Group shortly before his departure for Abuja at the conclusion of his engagements on the.....