Economy – Page 63 – City Business News

April 1, 2025 No Responses

Tinubu Extends Nandap’s Tenure As Immigration CG

President Bola Tinubu has approved an extension of Mrs. Kemi Nanna Nandap’s tenure as the Comptroller-General of the Nigeria Immigration Service (NIS) through December 31, 2026. A statement issued on Monday by the Special Adviser to the President on Information...

April 1, 2025 No Responses

Mali, Burkina Faso, Niger, Impose 0.5% Levy On Goods From Nigeria, Others

Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods from Nigeria and other Economic Community of West African States (ECOWAS) member-nations. The development comes as they seek to fund a new three-state union after leaving...

March 30, 2025 No Responses

TCIPC Customs, NNS Beecroft Reaffirm Commitment To National Security, Trade Facilitation

The Nigeria Customs Service (NCS), Tincan Island Port Command (TCIPC), and the Nigerian Navy Ship (NNS), Beecroft, have renewed their commitment to securing Nigeria’s maritime borders and facilitating smooth trade operations.This was highlighted during a vis...

March 30, 2025 No Responses

Anxiety Over Meningitis Outbreak In Nigeria

Since early March, meningitis has been spreading rapidly throughout several states across Northwest Nigeria, mainly in Kebbi and Sokoto States, an international non-governmental organisation, Médecins Sans Frontières, also known as Doctors Without Borders, h...

March 29, 2025 No Responses

Tinubu Signs Investments And Securities Bill 2025 Into Law

President Bola Ahmed Tinubu has assented to the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 29 of 2007 and enacts the Investments and Securities Act 2025.This landmark legislation strengthens the legal frame...

March 29, 2025 No Responses

GTCO Declares N1.2tri For 2024

For the 2024 financial year, GTCO Plc declared N1.266 trillion, profit before tax, up from N609.3 billion a year earlier. The Group, in its audited financial statement released on the Nigerian Exchange Limited on Friday, also disclosed a profit after...

March 29, 2025 No Responses

Investdata 2025 Q2 Master Class To Focus On Post-Earnings Season Strategies

The Investdata Master Class for the 2025 Q2 holds Saturday, March 29, 2025 with the theme “Post-Earnings Season Strategies For Winning Edge In Q2 Market Oscillation.” As usual, time-tested equity traders and analysts with decades of experience in technical...

March 28, 2025 No Responses

Nigeria, EU Discuss €1.3b Trade Investments In Nigeria

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun and the European Union (EU) Ambassador to Nigeria, Gautier Mignot, commenced high-level discussions on strengthening EU-Nigeria economic cooperation in Abuja. A statement issued by the...

March 28, 2025 No Responses

IMF Appoints Elumelu To Advisory Council On Entrepreneurship, Growth

Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth, convened by IMF Managing Director, Kristalina Georgieva. Elumelu, Africa’s leadi...

March 27, 2025 No Responses

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the Company’s Chief Finance and...

March 27, 2025 No Responses

Ethiopian Airlines, Archer Sign New Agreement

Ethiopian Airlines and Archer have signed an agreement to introduce the “Launch Edition” Midnight aircraft, marking a significant milestone in bringing advanced eVTOL technology to Ethiopia and the African continent.This partnership aims to develop...

March 27, 2025 No Responses

Akwa Ibom Approves City Bus Scheme For Uyo Metropolis

The Executive Council of Akwa Ibom State Government has ratified and approved the implementation of a modern City Bus transportation system for Uyo metropolis. According to the state government, the project will provide safe, reliable and eco-friendly bu...

March 25, 2025 No Responses

UBA Declares N766.6b Profit For 2024

For the year ended December 31, 2024, United Bank for Africa (UBA) Plc has declared N766.6billion Profit After Tax, up from N607.7billion recorded at the end of 2023, an increase of of 26.14 per cent. The 2024 financials, file...

March 25, 2025 No Responses

NSML Unveils New Logo, Reiterates Commitment

NLNG Shipping and Marine Services Limited (NSML) has launched its new company logo, marking a significant turning point in the Company’s evolution into a leading integrated marine services company and its growth, diversification, and expansion into new marke...