Tag: Economy

NGX Group, Market Stakeholders Honour Pascal Dozie
May 7, 2025 No Responses

NGX Group, Market Stakeholders Honour Pascal Dozie

Captains of industry, financial leaders, and dignitaries on Tuesday gathered at the Nigerian Exchange Group House for an Afternoon of Tributes and Special Closing Gong Ceremony in honour of late Dr. Pascal G. Dozie, OON, CON, former President of the...
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Customs Pilots Form M Process On Trade Portal
May 6, 2025 No Responses

Customs Pilots Form M Process On Trade Portal

The Nigeria Customs Service (NCS) has unveiled the pilot phase of Form M processing through its B’Odogwu Unified Customs Management System across all commands of the Service, marking a significant shift in its push towards digitised trade operations. A state...
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FEC Prioritises Local Industry Under New Policy
May 6, 2025 No Responses

FEC Prioritises Local Industry Under New Policy

The Federal Executive Council (FEC) has approved a Nigeria First economic policy targeted at prioritising the use of locally manufactured goods and services in all government procurements. Nigeria’s Minister of Information and National Orientation, Mohammed ...
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Customs To Establish New Command At Nigerdock’s SIIFZ
May 4, 2025 No Responses

Customs To Establish New Command At Nigerdock’s SIIFZ

The Comptroller General of Nigeria Customs Service (NCS), Adewale Adeniyi, has pledged to establish a new Customs Area Command at the Snake Island Integrated Free Zone (SIIFZ).The Customs Boss who stated this during a visit, recently, expressed delight at the....
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Presco Declares ₦58.6b Profit Before Tax In Q1
May 3, 2025 No Responses

Presco Declares ₦58.6b Profit Before Tax In Q1

For the 2025 first quarter (Q1) ended March 31, 2025, Presco Plc, Nigeria’s leading fully integrated edible oil business, has declared ₦58.6 billion Profit Before Tax (PBT), representing a 97.6% year-on-year increase compared to ₦29.7 billion in Q1 2024....
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North-East Unveils Fresh Agenda For Almajiri
May 2, 2025 No Responses

North-East Unveils Fresh Agenda For Almajiri

Executive Governors of the North-East region, including Adamawa, Bauchi, Borno, Gombe, Taraba, and Yobe states, have agreed to collaborate with the National Commission for Almajiri and Out-of-School Children Education (NCAOOSCE) by providing office space in ea...
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SON Cautions Against Use Of Unsafe Tyres, Destroys Substandard products 
May 2, 2025 No Responses

SON Cautions Against Use Of Unsafe Tyres, Destroys Substandard products 

Again, the Standards Organisation of Nigeria (SON) has warned Nigerians not to patronise or use unsafe and expired tyres. According to SON’s Director-General, Dr. Ifeanyi Chukunonso Okeke, the shelf life of tyres is four years, and they must not be...
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EFCC Closely Monitoring MDAs’ Budget Implementation, Says Olukoyede
May 1, 2025 No Responses

EFCC Closely Monitoring MDAs’ Budget Implementation, Says Olukoyede

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr Ola Olukoyode has disclosed that the anti-graft Commission was closely monitoring the 2025 budget implementation by Ministries, Departments and Agencies, MDAs, towards ensuring th...
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Tinubu Inaugurates Katsina Agric Mechanisation Centre
May 1, 2025 No Responses

Tinubu Inaugurates Katsina Agric Mechanisation Centre

President Bola Tinubu is expected to pay a one-day work visit to Katsina State on Friday. The Commissioner for Information and Culture, Bala Salisu Zango, disclosed this on Wednesday during a press briefing held at the Katsina Government House Press...
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Shippers’ Council Trains Shipping Firms, Others
April 30, 2025 No Responses

Shippers’ Council Trains Shipping Firms, Others

The Nigerian Shippers’ Council (NSC) has taken a significant step towards enhancing the ease of doing business in the maritime sector by training four shipping companies and one vessel charterer on its automated Confirmation of Reasonableness of Demurrag...
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NLNG Delegation Visits Tinubu’s SA On Energy, Verheijen
April 30, 2025 No Responses

NLNG Delegation Visits Tinubu’s SA On Energy, Verheijen

As part of measures to deepen collaboration across Nigeria’s gas policy and regulatory landscape, NLNG’s leadership, led by Managing Director/Chief Executive Officer, Philip Mshelbila, has met with the Special Adviser (SA) to President Bola Tinubu on Energ...
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EFCC Charges Banks On Improved KYC
April 30, 2025 No Responses

EFCC Charges Banks On Improved KYC

The Economic and Financial Crimes Commission, EFCC, has called on financial institutions across the country to strengthen their collaboration with the Commission towards ridding the nation of economic and financial crimes and other acts of corruption.   This...
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CAC  Gives Six-Week Ultimatum To Unregistered Businesses
April 30, 2025 No Responses

CAC  Gives Six-Week Ultimatum To Unregistered Businesses

The Corporate Affairs Commission (CAC) has issued a six-week notice to unregistered businesses to register with the Commission. This was disclosed in a statement issued by the CAC on Tuesday, titled: “PUBLIC NOTICE: CARRYING ON BUSINESS IN NIGERIA UNDER AN.....
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NLNG Unveils New Economic Empowerment Strategy
April 30, 2025 No Responses

NLNG Unveils New Economic Empowerment Strategy

NLNG has relaunched one of its key economic empowerment programmes formerly known as Youth Empowerment Scheme (YES) as a way of spurring the growth of small businesses and youths within it’s over 110 host and pipeline communities in Rivers State....
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