Tag: Economy

FG To Raise N758b Bond
February 5, 2025 No Responses

FG To Raise N758b Bond

The Federal Executive Council (FEC) on Tuesday gave an approval to the Debt Management Office to raise N758 billion bond to clear the backlog of pension liabilities for all categories of pensioners. FEC also approved a 30 million Euro long-term...
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Lagos Reaffirms Commitment To Human Capital Development
February 5, 2025 No Responses

Lagos Reaffirms Commitment To Human Capital Development

Lagos State Government has reiterated its commitment to invest in human capital development as part of measures to enhance governance and service delivery. The Commissioner for Establishments and Training, Mr. Afolabi Ayantayo, made this assertion on Tuesday a...
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Diri Harps On Agge Seaport As FG’s Team Visits Bayelsa
February 4, 2025 No Responses

Diri Harps On Agge Seaport As FG’s Team Visits Bayelsa

‎Governor of Bayelsa State, Senator Douye Diri, has restated his administration’s commitment towards actualising the deep seaport project at Agge in Ekeremor Local Government Area of the state.Governor Diri gave the assurance when he received the federal g...
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EFCC, Nigeria Customs, NFIU, Train Law Enforcement Officers
February 4, 2025 No Responses

EFCC, Nigeria Customs, NFIU, Train Law Enforcement Officers

The Economic and Financial Crimes Commission (EFCC) in collaboration with the Nigeria Customs Service (NCS) and the Nigeria Financial Intelligence Unit (NFIU) have organized a two-day empowerment Workshop for fifty law enforcement officers drawn from various a...
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Edo Records N10b IGR In January
February 4, 2025 No Responses

Edo Records N10b IGR In January

Executive Chairman, Edo State Internal Revenue Service (IGR), Hon. Oladele Bankole-Balogun has revealed that the Edo Internal Revenue Service (EIRS) recorded over N10billion in the month of January, 2025.Bankole-Balogun revealed the development when he paid a ...
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Nigeria Generates $831.14b From Oil, Gas In 24 Years
February 4, 2025 No Responses

Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria generated over $831.14 billion in revenue from the oil and gas sector between 1999 and 2023, the Nigeria Extractive Industries Transparency Initiative (NEITI), has declared.  NEITI’s Executive Secretary, Ogbonnaya Orji, stated this on Monday when he...
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Dangote Refinery Crashes Ex-Depot Price Of PMS To N890
February 2, 2025 No Responses

Dangote Refinery Crashes Ex-Depot Price Of PMS To N890

Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective from Saturday, February1, 2025. A statement sent to City Business News explained that the  price adju...
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NCAA Revokes Eastwind Aviation, Omni-Blu Air’s Operator Certificates
February 1, 2025 No Responses

NCAA Revokes Eastwind Aviation, Omni-Blu Air’s Operator Certificates

The Nigeria Civil Aviation Authority (NCAA) on Friday revoked the air operator certificates of Eastwind Aviation Logistics Services Limited and Omni-Blu Aviation. In a post on its X handle, the NCAA said the move is part of efforts to “further sani...
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EFCC Arraigns 11 Chinese, One Filipino for Alleged  Internet Fraud
February 1, 2025 No Responses

EFCC Arraigns 11 Chinese, One Filipino for Alleged  Internet Fraud

The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Friday, January 31, 2025, arraigned 11 Chinese, one Filipino and a company, Genting International Co. Ltd, before Justice D.I. Dipeolu of the Federal High Court sitting in...
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Katsina Gov Visits NGX Group, To Leverage Capital Market Opportunities
January 31, 2025 No Responses

Katsina Gov Visits NGX Group, To Leverage Capital Market Opportunities

Nigerian Exchange Group (NGX Group) hosted the Executive Governor of Katsina State, Dr. Dikko Umar Radda, CON, at the Exchange, marking a significant step toward advancing the state’s economic vision through capital market opportunities. The visit reaffirmed...
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EFCC, NIRA To Strengthen Cyber Security Collaboration
January 30, 2025 No Responses

EFCC, NIRA To Strengthen Cyber Security Collaboration

The Nigeria Internet Registration Association, (NIRA) has resolved to strengthen its existing collaboration with the Economic and Financial Crimes Commission (EFCC) towards enhancing the country’s cyber security.The resolution was reached on Wednesday, Janua...
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Nigeria Secures $1.1b AfDB Loan
January 30, 2025 No Responses

Nigeria Secures $1.1b AfDB Loan

The Nigerian Government  has secured a $1.1 billion loan from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026. According to Bayo Onanuga, Special Adviser to the President, (Information &amp...
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EFCC, NGX RegCo To Strengthen Partnership
January 30, 2025 No Responses

EFCC, NGX RegCo To Strengthen Partnership

NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nig...
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IGR: Edo Inland Revenue Service Lauds NNPC
January 29, 2025 No Responses

IGR: Edo Inland Revenue Service Lauds NNPC

The Executive Chairman, Edo State Internal Revenue Service (EIRS,) Hon. Oladele Bankole-Balogun has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) E&P Limited for their contributions to the Internally Generated Revenue (IGR)...
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