Economy Archives — Page 66 of 231

January 31, 2024 No Responses

Reps Grills Customs Over Non-Submission Of Three Years Financial Statement

The House of Representatives Public Accounts Committee on Tuesday grilled the officials of the Nigerian Customs Services over the non-submission of audited financial statements for the 2016, 2017, and 2018 financial years to the Auditor General of the Federation. This...

January 31, 2024 No Responses

Edo Attains N62b IGR In 2023

Despite a challenging economic crisis fueled by the removal of fuel subsidy, Edo State Internally Generated Revenue (IGR) grew by over 40 percent in 2023, recording N17bn increase from the N45bn generated in 2022. The Chairman, Edo Taskforce on Internally...

January 31, 2024 No Responses

Etihad Cargo Attains IATA CEIV Lithium Batteries Certification

Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved the International Air Transport Association’s (IATA) Centre of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification. The carrier is the third M...

January 30, 2024 No Responses

NDDC Partners Indigenous Firm In Cassava Starch Production

Niger Delta Development Commission (NDDC) is prepared to go into partnership with an indigenous cassava starch manufacturing factory in Sagbama Local Government Area of Bayelsa State as part of measures to create job opportunities for the youths.The NDDC Execu...

January 30, 2024 No Responses

Ecobank Explains Nine Percent Interest Rate For SuperSavers Account Holders

Ecobank Nigeria, a subsidiary of the Ecobank Group has announced interest rates on its SuperSavers accounts. In a statement issued on Monday, Ecobank explained that the SuperSavers account is a high-yield savings account type tailored for customers who wish...

January 29, 2024 No Responses

Burkina Faso, Mali, Niger Exit ECOWAS

The military Governments in Burkina Faso, Mali and Niger announced on Sunday immediate withdrawal from the Economic Community of West African States (ECOWAS). In a joint statement, leaders of the three countries explained that it was a “sovereign...

January 29, 2024 No Responses

Dangote Cement Rewards Distributors

For their continued loyalty, the management of Dangote Cement Plc, at the weekend rolled out the drums to celebrate its teeming distributors across the country. The funfair and celebration were in appreciation of its customers’ patronage in the pre...

January 28, 2024 No Responses

NDDC Trains 200 Youths On Welding, Fabrication

The Niger Delta Development Commission (NDDC) has trained 200 youths across the Niger Delta region in welding and fabrication, in recognition of the importance of the skills in the engineering sector, especially in oil and gas, construction and manufacturing.S...

January 27, 2024 No Responses

WCO Honours NPA MD, Bello-Koko

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, has bagged a Merit Award from the World Customs Organization (WCO) on the occasion of the International Customs Day, 2024. Mohammed Bello has since appointment as MD/ CEO of NPA...

January 27, 2024 No Responses

LAMATA: 25% Discount On Transport Fares In Lagos Ends On Sunday

The Lagos Metropolitan Area Transport Authority (LAMATA) has announced the cessation of the 25% discount on transport fares across the entire Lagos State Public Transport System, starting from Sunday, January 28, 2024. In a public notice issued on ...

January 26, 2024 No Responses

At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

The Group Managing Director and Chief Executive Officer, Nigerian Exchange Group Plc, Temi Popoola has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign...

January 26, 2024 No Responses

NOVAmbl Asset Management Dollar Fixed Income Fund Bags 2023 Best Performance Award

NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). N...

January 26, 2024 No Responses

Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which was held on the sidelines of a...

January 25, 2024 No Responses

Tin Can Island Customs Intercepts Cocaine, Colorado Worth N4.27b

The Nigeria Customs Service, Tin Can Island Command has intercepted four containers laden with illicit drugs, arms and ammunition imported from South Africa and Canada.Comptroller General of the Service, Adewale Adeniyi disclosed this while addressing journali...