Economy Archives — Page 36 of 231

June 18, 2024 No Responses

More Stakeholders Back Auto Industry Summit

As momentum gathers for the maiden edition of the Nigeria Auto Industry Summit (NAISU) scheduled to hold at Radisson Lagos, GRA Ikeja, on June 27, 2024, more stakeholders in the automotive sector have expressed their support for the event. Already,...

June 17, 2024 No Responses

NDLEA Impounds N4.7b Cocaine

The National Drug Law Enforcement Agency (NDLEA) has clampdown on a cartel controlled by alleged drug baron and his sister, seizing cocaine and methamphetamine worth over N4.1 billion. In a statement issued on Sunday by the Director of Media and...

June 16, 2024 No Responses

SIFAX Shipping Partners ECU Worldwide to Boost LCL Export

SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, has sealed a partnership deal with ECU Worldwide, the world’s number one LCL player, to boost export activities from Nigeria.A statement issued at the weekend explained that Less-than-Container Loa...

June 16, 2024 No Responses

Train 7: NLNG Reaffirms Commitment, Benefits To Nigerians

Nigeria LNG Limited (NLNG) has reaffirmed its commitment to delivering economic benefits through the Train 7 project on Bonny Island.Speaking at a reconvened session of the Senate and House of Representatives’ Joint Committee on Gas (the Committee), offi...

June 16, 2024 No Responses

Cholera: Lagos Confirms 15 Deaths, Activates Emergency Centre

Following the initial alert and advisory issued by the Lagos State Ministry of Health on the cholera outbreak, the Lagos State Government has activated its Public Health Emergency Operations Centre (PHEOC) at Mainland Hospital, Yaba, Lagos. According to ...

June 16, 2024 No Responses

Nigeria’s Inflation Rises To 33.95 Per Cent

Nigeria’s inflation rate increased to 33.95 per cent in May 2024, the National Bureau of Statistics (NBS) disclosed in its latest data. According to the NBS Consumer Price Index report released on Saturday, this represents an increase of 0.26% points...

June 15, 2024 No Responses

Ecobank’s “Adire Lagos” Opens With Over 100 Exhibitors

The annual Ecobank “Adire Lagos” exhibition has taken off in grand style with over 100 exhibitors showcasing their wares. The 4-day fair which opened June 14 and ends 17th, is taking place at the Ecobank Pan African Centre (EPAC) complex...

June 15, 2024 No Responses

Shippers’ Council Lauds Terminal Operator For Automation Investment

The Nigerian Shippers’ Council has lauded the West Africa Container Terminal for its investment in automation. The Executive Secretary/Chief Executive Officer of NSC, Akutah Ukeyima, gave the commendation during his recent visit to the terminal in Onne Port,...

June 14, 2024 No Responses

EFCC, FBI Strengthen Partnership

The Economic and Financial Crimes Commission (EFCC)and the Federal Bureau of Investigation (FBI)on Friday, June 14, 2024 brokered a renewed strategic alliance towards tackling the menace of internet crimes and other waves of emerging and old crimes that are of...

June 14, 2024 No Responses

Tinubu To Observe Eid-El-Kabir In Lagos

President Bola Tinubu will depart Abuja, the nation’s capital, for Lagos State on Friday ahead of Eid-el-Kabir.The President will observe Eid-el-Kabir in Lagos, where he will also spend the Sallah holidays.The President will mark the occasion in prayers ...

June 14, 2024 No Responses

First Bank Partners International Women’s Society To Empower Women

First Bank of Nigeria Limited has partnered International Women’s Society (IWS) to empower over 250 widows, in commemoration of the 2024 International Widows’ Day.The News Agency of Nigeria (NAN) reports that beneficiaries at the Lagos event, tagged “IWS...

June 14, 2024 No Responses

Guardian Day: Carloha Nigeria Showcases Chery Vehicles At Circle Mall

Carloha Nigeria has concluded plans to display Chery at Circle Mall, Lekki, Lagos, from June 15 to June 18, 2024, to celebrate Chery Guardian Day with the theme “Love in every kilometer”.According to Carloha, visitors to Circle Mall will have...

June 14, 2024 No Responses

Tinubu Appoints Tanimu Yakubu As DG Budget Office

President Bola Tinubu has approved the appointment of Mr. Tanimu Yakubu as the Director-General of the Budget Office of the Federation, following the expiration of the tenure of Mr. Ben Akabueze. Mr. Yabuku is an accomplished economist and was Chief...

June 14, 2024 No Responses

NDDC To Support 4,500 Rice, Cassava Farmers

The Niger Delta Development Commission, NDDC, has commenced a partnership with communities in the Niger Delta region to empower 4,500 rice and cassava farmers to ensure food security in the region and country at large. Speaking during the onboarding Programme....