Tag: Economy

Africa’s Asset Recovery Forum Seeks Action against Stolen Assets
April 16, 2025 No Responses

Africa’s Asset Recovery Forum Seeks Action against Stolen Assets

The African Asset Recovery Practitioners Forum, AARP, has charged African countries to join hands in forging a road map and actionable processes against resource theft and asset recovery on the continent. This charge was given at the ongoing inaugural meeting...
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NADDC Boss At MOMAN AGM, Harps On Local Component Production
April 16, 2025 No Responses

NADDC Boss At MOMAN AGM, Harps On Local Component Production

The Director General, National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin has laid out a transformative vision for Nigeria’s motorcycle and 3-wheeler industry centered on local component production.In his address at the Annu...
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FG, States, LGs Shared ₦1.5trillion
April 16, 2025 No Responses

FG, States, LGs Shared ₦1.5trillion

For the Month of March 2025, the Federation Account Allocation Committee (FAAC) has shared ₦1.578 trillion among the Federal Government, states and local governments. A communique made available by the Director, Press and Public Relations, Office of the Acco...
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SMEs Financing: SEC, SMEDAN Embark On Enlightenment Campaigns
April 16, 2025 No Responses

SMEs Financing: SEC, SMEDAN Embark On Enlightenment Campaigns

The Securities and Exchange Commission is to collaborate with the Small and Medium Enterprises Development Agency of Nigeria to implement joint nationwide sensitization campaigns on “Financing SMEs through the Capital Market.” Director General of the SEC, ...
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Oyetola To NIMASA: Commence Process Of CVFF Disbursement
April 15, 2025 No Responses

Oyetola To NIMASA: Commence Process Of CVFF Disbursement

The Minister of Marine and Blue Economy, Adegboyega Isiaka Oyetola has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF)...
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OPEC Cuts 2025 Oil Demand Forecast
April 15, 2025 No Responses

OPEC Cuts 2025 Oil Demand Forecast

The Organization of the Petroleum Exporting Countries (OPEC) on Monday slightly cut its forecast for oil demand growth, citing the impact of US tariffs on the world economy. In its Monthly Oil Market Report (MOMR) for April, the Secretariat now...
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Apapa Customs Command Collects ₦694.1b In Q1
April 15, 2025 No Responses

Apapa Customs Command Collects ₦694.1b In Q1

The Apapa Port Command of Nigeria Customs Service (NCS) has collected a total of  ₦694,167,949,142.56  as 2025 first quarter revenue Area Controller of the Command, Comptroller Babatunde Olomu  who disclosed this when he receive...
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ISA Bans Unregistered Digital Asset Exchanges, Online Forex Platforms
April 14, 2025 No Responses

ISA Bans Unregistered Digital Asset Exchanges, Online Forex Platforms

The newly enacted Investments and Securities Act, 2025 (ISA 2025) has made it illegal to operate digital asset exchanges or online foreign exchange trading platforms without formal registration with the Securities and Exchange Commission (SEC).Signed into law ...
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SCAN Lauds Oyetola For Appointing Akinola As Media Adviser
April 13, 2025 No Responses

SCAN Lauds Oyetola For Appointing Akinola As Media Adviser

The Shipping Correspondents Association of Nigeria (SCAN) has commended the Minister for Marine and Blue Economy, Gboyega Oyetola for appointing foremost maritime Journalists, Dr Bolaji Akiola, as Special Adviser on Media and Communications.In a statement issu...
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Seplat Energy Sustainability Commitments Are Largely Long-Term, Says COO
April 13, 2025 No Responses

Seplat Energy Sustainability Commitments Are Largely Long-Term, Says COO

Seplat Energy Plc has restated its commitments to energy sustainability as it impacts people, environment and corporate governance, stressing that its focus is long-term with dividends accruable beyond today.The Chief Operating Officer, Seplat Energy, Mr. Sams...
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TCIPC Customs Harps On  Zero Tolerance For Corruption 
April 13, 2025 No Responses

TCIPC Customs Harps On  Zero Tolerance For Corruption 

The Nigeria Customs Service (NCS) Tincan Island Port Command (TCIPC), has reiterated its unwavering commitment to integrity and professionalism at a one day lecture organised by the Anti-Corruption and Transparency Unit (ACTU) of the NCS, in collaboration with...
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Shippers’ Council Harps On Digital Transformation
April 12, 2025 No Responses

Shippers’ Council Harps On Digital Transformation

The Executive Secretary/CEO, Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, has stated that the Council remains committed to its role as the port economic regulator and is actively pursuing its transition into the Nigerian Port Economic Regulatory Agency...
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Shippers’ Council Seeks Liaison Desks At Nigerian embassies
April 12, 2025 No Responses

Shippers’ Council Seeks Liaison Desks At Nigerian embassies

The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Dr. Pius Akutah, paid a courtesy visit to the Minister of Foreign Affairs, Amb. Yusuf Tuggar on Friday at his office in Abuja.According to Akutah, the visit is aimed at fostering collaborat...
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Digital Assets: Nigeria Predicts Exit From Grey List
April 11, 2025 No Responses

Digital Assets: Nigeria Predicts Exit From Grey List

The Securities and Exchange Commission (SEC) has predicted that the nation may exit the grey list soon with the inclusion of digital assets regulation in the recently signed Investments and Securities Act 2025 by President Bola Ahmed Tinubu.Director General of...
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