Tag: Economy

Nigeria’s Equities Market Rebounds On Fiscal Policy Optimism
November 12, 2025 No Responses

Nigeria’s Equities Market Rebounds On Fiscal Policy Optimism

The Nigerian equities market staged a sharp rebound on Wednesday, November 12, 2025, as investors responded positively to reassurances from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, regarding the government’s position on Capital Gains...
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Finance Minister Assures Market Confidence As NGX Lists MREIF
November 11, 2025 No Responses

Finance Minister Assures Market Confidence As NGX Lists MREIF

Nigerian Exchange (NGX) on Tuesday hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony to commemorate the listing of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREI...
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ECCIMA Backs 15% Tax On Imported Fuel
November 11, 2025 No Responses

ECCIMA Backs 15% Tax On Imported Fuel

The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has commended the Federal Government’s decision to impose a 15 percent tax on imported petrol and diesel, describing it as a bold and strategic policy that will stimulate economic growth...
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Tinubu Reaffirms Commitment To Siemens Power Project
November 10, 2025 No Responses

Tinubu Reaffirms Commitment To Siemens Power Project

Tinubu Reaffirms Commitment To Siemens Power Projec President Bola Tinubu on Monday in Abuja reaffirmed his administration’s commitment to the Presidential Power Initiative (PPI), pledging full government support to Siemens Energy to ensure the delivery of r...
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Dangote, Thyssenkrupp Uhde Sign Deal To Expand Urea Production Capacity In Nigeria
November 10, 2025 No Responses

Dangote, Thyssenkrupp Uhde Sign Deal To Expand Urea Production Capacity In Nigeria

Dangote, Thyssenkrupp Uhde Sign Deal To Expand Urea Production Capacity In Nigeria   Thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde, has entered into a strategic agreement with Dangote Fertiliser Limited (DFL) to license ...
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Nord Rolls Out Three Electric Vehicle Models
November 10, 2025 No Responses

Nord Rolls Out Three Electric Vehicle Models

Nord Automobiles Limited has launched Tavet Motion, a new subsidiary dedicated to electric vehicles (EVs), with the unveiling of three groundbreaking models — Luto, Garent, and Vant — at a high-profile event held on Thursday at the Oriental Hotel, Lagos...
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Customs Port Harcourt Area I Command Attains N33b Revenue In October
November 10, 2025 No Responses

Customs Port Harcourt Area I Command Attains N33b Revenue In October

The Port Harcourt Area I Command of the Nigeria Customs Service (NCS) has achieved a revenue collection of ₦33.753 billion in October 2025, its highest monthly performance to date.This was disclosed in a statement issued by the Command’s Public Relations.....
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Ogun II Customs Command Reaffirms Business-Friendly Environment
November 10, 2025 No Responses

Ogun II Customs Command Reaffirms Business-Friendly Environment

The Customs Area Controller, Ogun II Command, Comptroller Olusola Akingbade, has reaffirmed her commitment to sustaining a business-friendly environment while strengthening engagement with key industrial stakeholders across the state.In a statement issued by t...
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Edo Deepens EIRS Staff Capacity With Training On New Tax Act
November 10, 2025 No Responses

Edo Deepens EIRS Staff Capacity With Training On New Tax Act

The Edo State Internal Revenue Service (EIRS), in collaboration with the Institute of Revenue Management and Research (IRMR), has concluded a two-day training and capacity-building programme for its management and staff on the New Tax Act, 2025.Held at the Sun...
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PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack
November 9, 2025 No Responses

PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack

Nigeria’s digital payment landscape reached a groundbreaking milestone on Friday, November 7, 2025, as the first live transaction was successfully completed on the National Payment Stack (NPS) at exactly 11:56 a.m.City Business News reports that the historic...
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Yusuf Ali To Lead National Security Dialogue At Gavel International Annual Lecture
November 9, 2025 No Responses

Yusuf Ali To Lead National Security Dialogue At Gavel International Annual Lecture

Eminent Nigerian legal scholar, Professor Yusuf Olaolu Ali, SAN, will lead distinguished Nigerians on Tuesday, November 11, 2025, in addressing the country’s pressing security challenges amid serious allegations by the United States of religious genocide tar...
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CBN Harps On Effective Communication For Banking Recapitalisation, $1tri Economy
November 9, 2025 No Responses

CBN Harps On Effective Communication For Banking Recapitalisation, $1tri Economy

The Central Bank of Nigeria (CBN) has identified strong and effective communication as a catalyst for achieving the ongoing banking sector recapitalisation and advancing the country’s ambition of becoming a $1 trillion economy.Mr. Philip Ikeazor, the CBN Dep...
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Popoola: Gender Equity Key To Strong Governance, Business Resilience
November 8, 2025 No Responses

Popoola: Gender Equity Key To Strong Governance, Business Resilience

Gender equity is no longer merely a moral cause in corporate Nigeria, it has become central to governance, profitability, and long-term business resilience, according to Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group)...
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Dantsoho Applauds PMAWCA’s Unity, Reaffirms Vision For Regional Growth
November 8, 2025 No Responses

Dantsoho Applauds PMAWCA’s Unity, Reaffirms Vision For Regional Growth

President of the Port Management Association of West & Central Africa (PMAWCA) and Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has expressed profound gratitude to all participants for their contributions toward advancing...
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