Economy Archives — Page 47 of 185

September 18, 2023 No Responses

NDLEA Intercepts 6,600 Bottles Of Codeine

The National Drug Law Enforcement Agency (NDLEA) has intercepted 6,600 bottles of codeine-based syrup and arrested six suspects in various raids across the country. A statement issued on Sunday by the Director, Media and Advocacy, NDLEA, Mr Femi Babafemi, explained...

September 18, 2023 No Responses

NCC Boss Harps On Collaboration To Strengthen Payment System

The Nigeria Communication Commission (NCC) has stressed the importance of multidimensional collaboration in enhancing the country’s payment system.The Vice Chairman of NCC, Prof Umar Danbatta, said this at the 2023 annual conference of the Finance Corres...

September 18, 2023 No Responses

Tinubu To Ring NASDAQ Closing Bell As NGX Group Partners U.S CoC, NIPC

President Bola Ahmed Tinubu will ring the Closing Bell of NASDAQ in New York, United States as part of proceedings at the Executive Business Dialogue organized by United States Chamber of Commerce, Nigerian Exchange Group Plc (NGX Group) and Nigerian...

September 17, 2023 No Responses

NASENI Partners REA On Renewable Technologies

The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Halilu and the Managing Director/CEO of the Rural Electrification Agency (REA), Mr. Ahmad Salihijo Ahmad have agreed to work together to deplo...

September 17, 2023 No Responses

Shippers Council Harps On Regional Trade, List Obstacles

More than 400 trade obstacles have been reported through the Trade Obstacles Alert Mechanism (TOAM) along the ECOWAS trade corridor. Speaking on Friday, the Executive Secretary of Nigerian Shippers’ Council (NSC), Emmanuel Jime also explained that various st...

September 16, 2023 No Responses

NDDC Partners OGFTZA On Industrial Parks

The Niger Delta Development Commission (NDDC) is to collaborate with the Oil and Gas Free Trade Zone Authority on the development of industrial parks in the Niger Delta region. According to a statement, the Managing Director, NDDC, Samuel Ogbuku, sai...

September 15, 2023 No Responses

Tinubu Nominates Yemi Cardoso As CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending his confirmation by the Senate.⁣A statement signed...

September 15, 2023 No Responses

Dana Motors Introduces CNG-Powered Vehicles In Nigeria

In response to rising fuel costs and increasing vehicle expenses, Dana Motors Limited, the exclusive distributor of Kia in Nigeria has announced plans to bring Compressed Natural Gas (CNG) vehicles to the Nigerian market. A statement sent to City Business...

September 15, 2023 No Responses

NDDC Pledges Support For Young Entrepreneurs

The Niger Delta Development Commission, NDDC, has pledged to support young entrepreneurs in the Niger Delta region through targeted skill development initiatives to promote sustainable development.Speaking during a courtesy visit by a delegation from the Coali...

September 14, 2023 No Responses

Edo, Namibia Explore Investment Opportunities

The Edo State Governor, Mr. Godwin Obaseki, has initiated talks with the Namibian Government to explore trade and investment opportunities in livestock production, technology, and management services, among others between the Country and Edo State. The governo...

September 14, 2023 No Responses

MSC To Acquire 49% Stake In Hamburg’s HHLA

A wholly owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping company, has revealed plans to acquire a substantial 49% shareholding in HHLA Hamburger Hafen und Logistik AG, a prominent port operation, container trans...

September 13, 2023 No Responses

UBA Declares N404b PBT, 50k Interim Dividend

For the half year ended June 30, 2023, United Bank for Africa (UBA) Plc, delivered an outstanding performance as announced in its audited financial report. The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group...

September 13, 2023 No Responses

NIMASA DG: Seafarers Welfare Key To Success Of Maritime Sector

The Nigerian Maritime Administration and Safety Agency (NIMASA) hosted an enlightenment workshop for seafarers, employers of seafarers and other maritime stakeholders in Lagos on Seafarers’ Medical Certification and other related issues concerning the health...

September 13, 2023 No Responses

Amit Sharma: Nissan’s New E-Power Technology Is Game Changer

General Manager of Stallion NMN, Nigeria’s exclusive representative of Nissan brand, Amit Sharma, has described Nissan’s E-POWER, a revolutionary technology which has already been introduced to both the Qashqai and the X-Trail, models as a game changer in ...