Tag: Economy

NASS Passes ₦54.99tri 2025 Budget
February 14, 2025 No Responses

NASS Passes ₦54.99tri 2025 Budget

The National Assembly on Thursday passed the ₦54.99trn 2025 Appropriation Bill. The bill was passed separately by the Senate and the House of Representatives. A breakdown of the budget showed N3.645trn for statutory transfers, N14.317trn for debt servicing, N13.64trn for...
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Tax Evasion: Edo Internal Revenue Service Seeks EFCC’s Support
February 14, 2025 No Responses

Tax Evasion: Edo Internal Revenue Service Seeks EFCC’s Support

The Executive Chairman of Edo State Internal Revenue Service, Barrister Oladele Bankole-Balogun, has sought the support and collaboration of the Economic and Financial Crimes Commission in tackling tax evasion in the state. He made the appeal when he led the.....
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NADDC Boss Tasks  AMDON  On Dealership Regulations
February 14, 2025 No Responses

NADDC Boss Tasks  AMDON  On Dealership Regulations

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin has challenged members of the Association of Motor Dealers of Nigeria (AMDON) to address the regulation of used car imports and dealership operation...
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Tariff Hike: NLC Threatens Nationwide Shutdown
February 13, 2025 No Responses

Tariff Hike: NLC Threatens Nationwide Shutdown

The Nigeria Labour Congress (NLC) has condemned the implementation of a 50% tariff hike by telecommunication companies, demanding immediate reversal to the old tariff. The NLC and the Federal Government had earlier constituted a 10-man committee to deliberate ...
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ABC Transport Takes Stock At 32, To Consolidate On Achievements 
February 13, 2025 No Responses

ABC Transport Takes Stock At 32, To Consolidate On Achievements 

The Managing Director, ABC Transport Plc, Mr. Jude Nneji, on Wednesday flashed his mind back to the road the company has travelled since inception in 1993, declaring that there have been some daunting  challenges on the way. But, he disclosed...
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GTBank Removes POS Processing Fees
February 13, 2025 No Responses

GTBank Removes POS Processing Fees

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions.This initiative, which took effect Tuesday, 11 February 2025, communicat...
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Shippers Council, Navy To Strengthen Partnership
February 13, 2025 No Responses

Shippers Council, Navy To Strengthen Partnership

The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Dr Akutah Pius Ukeyima, recently received the Flag Officer Commanding Western Naval Command, led by Rear Admiral Michael Oamen, and his delegation for a strategic discussion aimed at strengthen...
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Shittu Leads Maritime Stakeholders To Award Dinner For Customs CG
February 13, 2025 No Responses

Shittu Leads Maritime Stakeholders To Award Dinner For Customs CG

A former National President of Association of Nigerian Licensed Customs Agents (ANLCA) and Chairman of Skelas Group, Prince Olayiwola Shittu, will lead maritime industry stakeholders as the Chairman to  the much-anticipated award dinner being organised by Nig...
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CBN Stops Free Withdrawals For Customers Using Other Banks’ ATMs
February 12, 2025 No Responses

CBN Stops Free Withdrawals For Customers Using Other Banks’ ATMs

Charges will now apply anytime customers use the Automated Teller Machines (ATMs) of banks, the Central Bank of Nigeria (CBN) has declared.   This was contained in a circular dated February 10, 2025, and addressed to all banks and financial instituti...
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NPA Photo News
February 11, 2025 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho (left) receiving the Chairperson, Seaport Terminal Operators Association of Nigeria (STOAN), Olori Vicky Haastrup at the NPA Headquarters in Marina, Lagos on Tuesday, 11th February, 2...
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Dangote Peugeot Begins 3008 GT Assembly, Unveils Landmark Pickup
February 11, 2025 No Responses

Dangote Peugeot Begins 3008 GT Assembly, Unveils Landmark Pickup

Dangote Peugeot Automobiles Nigeria Limited (DPAN), has commenced the assembly of the GT model of Peugeot 3008. With its 1.6 litre turbo engine, Peugeot 3008 GT has expanded the existing line-up of vehicles from the assembly lines of the modern...
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Shippers’ Council Implore Stakeholders On Challenges
February 9, 2025 No Responses

Shippers’ Council Implore Stakeholders On Challenges

To successfully tackle factors associated with rising operational cost in the shipping industry  and the need to further stimulate Nigeria’s economic growth, the Nigerian Shippers’ Council (NSC) recently convened a high-level meeting with industr...
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NNPCL: No Explosion At Warri Refinery
February 8, 2025 No Responses

NNPCL: No Explosion At Warri Refinery

The Nigerian National Petroleum Company Limited (NNPC) has described as false report of an explosion at the Warri refinery.  According to NNPCL, Warri refinery is currently loading eight trucks of diesel and kerosene per day. A statement issued by the...
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NPA Increases Tariff, Assure Port Competitiveness
February 6, 2025 No Responses

NPA Increases Tariff, Assure Port Competitiveness

Faced by the exigency of bringing Nigerian Ports up to speed with those of its peers in terms of infrastructure and equipment, the Nigerian Ports Authority (NPA) has secured necessary approvals for an upward review in its tariffs which was...
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