Economy – Page 61 – City Business News

April 9, 2025 No Responses

NLNG Reintroduces N1b MSME Scheme For Host Communities

NLNG has officially reintroduced its MSME scheme in partnership with the Bank of Industry, Nigeria (BOI), “setting the stage for meaningful economic transformation in our host communities and Gas Transmission areas”.The ₦1billion fund offers access to affordable loans at a...

April 9, 2025 No Responses

NADDC Delegation Visits Germany

A delegation led by the Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin, on Tuesday concluded a tour of the Lucas-Nuelle factory in Kerpen, Germany, as part of a 6-day official trip. According to NADD...

April 9, 2025 No Responses

At Enugu Trade Fair, Dantsoho Implores Traders, investors To Leverage NPA’s Export Processes, Opportunities

The Managing Director, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has implored the trading and investing public to explore the tailor-made simplified export processes and other vistas of opportunity present at the Nigerian Ports Authority.Dr Dantsoh...

April 9, 2025 No Responses

NDDC To Establish Sports Institute In Niger Delta

The Managing Director of the Niger Delta Development Commission. NDDC, is to establish a sports institute to coinsolidate the gains of the Niger Delta Sports Festival and enhance sports development in the Niger Delta region. Ogbuku announced this during the...

April 9, 2025 No Responses

Photo News

L- R; Mrs Ego Boyo(Director, Miss Nigeria Org.), Mr Omar Karameh (Group Executive Director, Mikano International, Mr Mofid Karameh (Chairman,Mikano International), Ms Doris Ogah (45th Miss Nigeria), Mr Peng Tao (Executive VP, Changan Auto), Mr Tom Yin (Vice ...

April 8, 2025 No Responses

NECA Lauds Nigeria Customs Service On Trade Facilitation

The Nigeria Employers’ Consultative Association (NECA) has commended the Nigeria Customs Service (NCS) for the recent policy reforms and operational improvements introduced under the current administration, particularly in the area of trade facilitation.This...

April 8, 2025 No Responses

Tinubu Mourns Business Icon, Pascal Dozie

President Bola Ahmed Tinubu, on Tuesday extended his heartfelt condolences to the Dozie family, the business community, and all Nigerians on the passing of Chief (Dr.) Pascal Gabriel Dozie, an elder statesman, entrepreneur, and banker. He was 85.Chief Pascal D...

April 8, 2025 No Responses

Trump Threatens 50% Tariffs On China

US President Donald Trump on Monday threatened huge additional tariffs on imports from China if Beijing did not withdraw its retaliation plans, adding that Washington would begin talks with other countries that want negotiations. The fresh action would stack o...

April 8, 2025 No Responses

FCT Declares Free Health Insurance, Caesarean Section For Pregnant Women

The Federal Capital Territory (FCT) administration has declared a free health insurance scheme and caesarean section for all pregnant women living in the area. The FCTA’s Mandate Secretary for Health, Adedolapo Fasewa, disclosed this on Monday while co...

April 7, 2025 No Responses

Nnamdi Azikiwe International Airport Welcomes Inaugural Direct Flight From Algiers

Nnamdi Azikiwe International Airport, Abuja, on Sunday, April 6th, 2025,welcomed the inaugural direct flight from Algiers, operated by Air Algérie.The Boeing 737 (registration: 7T-VJR) landed at 16:05HRS, with dignitaries from the Nigerian Embassy in Algiers ...

April 7, 2025 No Responses

100 Exhibitors For ‘Oja Oge’ By Ecobank

Building on the success of its first edition, Ecobank Nigeria is set to host the second edition of its pop-up marketplace, “Oja Oge by Ecobank.” A statement sent to City Business News explained that the 3-day fashion, beauty, wellness, and...

April 6, 2025 No Responses

CBN Injects $197.71m To Boost Liquidity

The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in the foreign exchange market. In a statement on Saturday, CBN’s Director of Financial Markets Department, Omolara Duke, said the apex bank has...

April 5, 2025 No Responses

Tinubu Appoints Sotinrin As Bank Of Agriculture MD

President Bola Tinubu has appointed Ayo Sotinrin as the new Managing Director of the Bank of Agriculture, effective immediately. A statement issued on Friday by the President’s spokesperson, Bayo Onanuga, explained that Sotinrin brings a diverse and extensiv...

April 5, 2025 No Responses

United Capital Shareholders Get M14.4b Dividend For 2024

Shareholders of United Capital Plc has approved a total dividend payout of N14.4 billion for the 2024 financial year, representing 33% increase from the previous year. Speaking at the company’s 12th Annual General Meeting (AGM) held at the Transcorp Hi...