Economy Archives — Page 49 of 231

April 22, 2024 No Responses

NDLEA Nabs Three Wanted Kingpins, Intercepts Oman-Bound Drug Consignment

The National Drug Law Enforcement Agency (NDLEA) has arrested three members of an organized criminal organization which specializes in illicit drug trafficking across Nigeria, South Africa, Mozambique, Europe and America. The NDLEA in a statement signed by its spokesperson, Femi Babafemi,...

April 22, 2024 No Responses

APC Declares Aiyedatiwa Winner Of Ondo Governorship Primary

The All Progressive Congress (APC) has declared Governor of Ondo State, Lucky Aiyedatiwa as the winner of ward primary and the candidate of the party in the coming governorship election in the state. According to APC, Aiyedatiwa secured 48,569 votes...

April 21, 2024 No Responses

Cardoso: Naira Best Performing Currency Globally

Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, on Saturday said the apex bank’s FOREX reforms have made the naira the best-performing currency globally. Cardoso, who at a briefing on the sidelines of the just-ended World Bank/IMF Spr...

April 21, 2024 No Responses

Michael Ugbagu Assumes Duty As Comptroller FOUC, Seeks Co-Operation

Comptroller Michael Ugbagu has assumed office as the 28th Comptroller of the Federal Operations Unit zone C (FOUC) of the Nigeria Customs Service, Owerri. Comptroller Ugbagu took over from his predecessor, Comptroller Kayode Kolade in Owerri, on Friday.&...

April 20, 2024 No Responses

Tinubu Appoints New Boards For SEC, NAICOM

President Bola Ahmed Tinubu has approved the appointment of new boards for the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM). A statement issued on Friday by presidential spokesman Ajuri Ngelale, explained ...

April 20, 2024 No Responses

FG, States, LGAs Share N1.1tri March Revenue

The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers of government after its April meeting in Abuja. A statement by the Director of Press and...

April 19, 2024 No Responses

Customs FOU Zone “C” Records N7b Seizures As Compt Kayode Bows Out

Between January 25th, 2023 and April 19th, 2024, the Nigeria Customs Service, Federal Operations Unit, Zone “C” seized contrabands worth N7,577,259,390.00.Outgoing Comptroller Kayode Kolade disclosed this in a farewell message while handing over to his suc...

April 19, 2024 No Responses

Afolabi Foundation To Award 2000 Scholarship In 2024

The Ajoke Ayisat Afolabi Foundation (AAAF), the philanthropic arm of SIFAX Group, has set a target of awarding a scholarship to 2,000 indigent students across the country in 2024.According to Foluke Ademokun, Executive Coordinator, AAAF, while speaking on the ...

April 19, 2024 No Responses

NCDMB Lauds SNEPCO, Bayelsa Govt As Digital Library Is Inaugurated at Niger Delta University

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended Shell Nigeria Exploration and Production Company (SNEPCo) and the Bayelsa State Government for the completion and inauguration of a Lear...

April 19, 2024 No Responses

NNPCL, NCDMB, SNEPCo, Total Energies, Others Donate 2,300-Seater Library To Niger Delta University

As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Expl...

April 19, 2024 No Responses

EFCC Declares Yahaya Bello Wanted Over Alleged N80.2b Fraud

Former Governor of Kogi State, Yahaya Bello has been declared wanted by the Economic and Financial Crimes Commission (EFCC) over alleged N80.2 billion fraud. EFCC called on those with vital information about the former Kogi governor’s whereabouts...

April 18, 2024 No Responses

NPA, Customs Harp On Efficient Export Process

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, who was recently named by President Bola Ahmed Tinubu as a member of the Implementation Committee of the National Single Window Project, on Thursday met with the Comptroller General of...

April 18, 2024 No Responses

FG Warns Against Obstruction Of EFCC From Lawful Duty

The Minister of Justice and Attorney-General of the Federation, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial Crimes Commission (EFCC) from carrying out its lawful duty.Fagbemi gave the warning Thursday in a statement released i...

April 18, 2024 No Responses

NPA Secures $700m Citibank Loan

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, on Wednesday signed the Mandate Letter to secure a $700m Citibank loan to be funded by the UK Export Finance, UKEF. City Business News report that the loan is to...