Economy Archives — Page 34 of 231

June 28, 2024 No Responses

NADDC Boss Projects Economic Growth Through Automotive Industry

To boost the growth of the automotive sector of the nation’s economy, the National Automotive Design and Development Council (NADDC), in collaboration with the Nigeria Auto Journalist Association (NAJA), on Thursday, in Lagos, held the Nigeria Automotive Industry Summit themed...

June 28, 2024 No Responses

At Auto Summit, Minister, NADDC, NAMA, Others Harp On Collaboration, Infrastructure, Legal Framework

By Moses Ebosele, ebosele@hotmail.com – Nigeia’s automotive stakeholders have stressed the need for unambiguous legal framework and sustained infrastructure development as part of measures to tackle critical issues affecting the sector. Speaking at ...

June 27, 2024 No Responses

SEC, NGX Group Reiterate Commitment To Capital Market Digital Transformation

The Securities and Exchange Commission (SEC) and Nigerian Exchange Group Plc (NGX Group) have reaffirmed their dedication to the comprehensive digitisation of the capital market, aligning with the transformation strategy outlined in the revised Capital Market ...

June 27, 2024 No Responses

FG Approves Upgrade Of Ibadan Airport

Oyo State Governor, Seyi Makinde, disclosed on Wednesday that President Bola Tinubu has approved the upgrade of Ibadan airport, The governor said his administration’s efforts to have the Ibadan Airport, Alakia, upgraded to an international airport have yield...

June 26, 2024 No Responses

Obaseki Harps On Investment In Agriculture

The Edo State Governor, Mr. Godwin Obaseki, has said his government in the last seven and a half years, has prioritized investment in agriculture, boosting the capacity of farmers and creating a market for farm produce as part of efforts...

June 26, 2024 No Responses

Emefiele: Court Orders Final Forfeiture Of $1.4m

The Federal High Court, sitting in Lagos has ordered the final forfeiture to the Federal Government, of the sum of $1.4 million, linked to a former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Justice Ayokunle Faji gave the order...

June 25, 2024 No Responses

Cholera: Lagos Adopts New Strategy, Free Treatment

The Lagos State Government has announced the adoption of the One Health Strategy in response to the recent cholera outbreak in the state.Commissioner for Health, Professor Akin Abayomi, disclosed this today, Tuesday, June 25, 2024 at a press briefing on...

June 25, 2024 No Responses

Tinubu Appoints Tunji Bello FCCPC CEO

President Bola Tinubu has appointed Olatunji Bello as the new Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC). The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, who...

June 24, 2024 No Responses

FCMB-TLG Private Debt Fund Opens For Investment

FCMB Asset Management Limited (FCMBAM), recently, held a signing ceremony for Nigeria’s first Naira denominated Private Debt Fund, the FCMB-TLG Private Debt Fund.The Fund, which has been approved by the Securities and Exchange Commission, is sponsored and ma...

June 24, 2024 No Responses

NDDC Harps On Youth Empowerment

The Niger Delta Development Commission, NDDC, has re-affirmed its commitment to programmes aimed at empowering the youths of the Niger Delta region.The NDDC Managing Director, Dr Samuel Ogbuku, gave this assurance during a stakeholders’ engagement in Akure, ...

June 24, 2024 No Responses

Obaseki Attributes Rising Inflation To Inability To Produce, Export

The Edo State Governor, Mr. Godwin Obaseki, has linked Nigeria’s persistent rising inflation to the country’s inability to consistently produce and export goods and services, noting that the trend continues to affect the nation’s economy negatively. Obas...

June 23, 2024 No Responses

Dangote Refinery Accuses IOCs, NMDPRA Of Sabotage

Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals.A statement issued on Sunday qu...

June 23, 2024 No Responses

EFCC Arrests Ex-Union Bank Staff Over Alleged Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested two former employees of Union Bank for allegedly stealing N4.1 million from the account of a deceased customer.The suspects, Idah Ogoh and Agbo Okwute, were apprehended in Makurdi on June 14,...

June 23, 2024 No Responses

Gunmen Abduct Catholic Priest In Zamfara

Gunmen have kidnapped the parish priest of St. Raymond Catholic Church Damba, Gusau, Zamfara State, Rev. Fr. Mikah Suleiman. The spokesperson of Zamfara State Police Command, Yazid Abubakar explained that the priest was kidnapped around 3 am on Saturday at...