Tag: Economy

Ecobank Reassures Customers Of 24-Hour Digital Banking Services
December 24, 2023 No Responses

Ecobank Reassures Customers Of 24-Hour Digital Banking Services

Ahead of the Yuletide holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank Digital platforms, which include the Ecobank Cards, Ecobank Mobile app, USSD *326#, Ecobank Online,...
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NADDC  DG LAUDS POSSIBLE ELECTRIC VEHICLES 
December 23, 2023 No Responses

NADDC  DG LAUDS POSSIBLE ELECTRIC VEHICLES 

In line with the vision of the National Automotive Design and Development Council (NADDC) to position Nigeria as one of the leading automotive manufacturing nations of the world, the Director General, NADDC, Mr Joseph Osanipin on Friday 22nd December  202...
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CBN Unveils Guidelines For Regulating Virtual Assets In Nigeria 
December 23, 2023 No Responses

CBN Unveils Guidelines For Regulating Virtual Assets In Nigeria 

The Central Bank of Nigeria (CBN) has unveiled guidelines for virtual assets as part of measures to allow virtual assets service providers (VASPs) which include cryptocurrencies and crypto assets organizations to open accounts with Nigerian banks.  The de...
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Luxury Bus Transport Owners Commence Full Implementation Of 50% Fare Discount
December 22, 2023 No Responses

Luxury Bus Transport Owners Commence Full Implementation Of 50% Fare Discount

The Association of Luxury Bus Owners of Nigeria (ALBON), the owners and operators of long distance mass transit inter-state bus service nationwide, has assured the travelling public that its members have commenced full implementation of the 50 percent fare red...
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NIMASA, NSML Partner To Train 150 NSDP Cadets
December 22, 2023 No Responses

NIMASA, NSML Partner To Train 150 NSDP Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a training agreement with the Nigerian Liquified Natural Gas, NLNG Ship Management Limited, NSML, to facilitate Certificate of Competency (CoC) examinations for beneficiaries of the Nig...
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 ABC Transport Complies With FG Fare Slash, Reduces Ticket Prices By  50%
December 22, 2023 No Responses

 ABC Transport Complies With FG Fare Slash, Reduces Ticket Prices By  50%

Following Federal Government’s initiative of reducing transport fares on dedicated routes across the country, ABC Transport Plc, Nigeria’s foremost road transport company, on Thursday commenced the implementation of the offerPassengers traveling on...
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Air Peace Resumes China Operations Dec 28
December 22, 2023 No Responses

Air Peace Resumes China Operations Dec 28

Air Peace is set to resume its direct flight connectivity to Guangzhou-China on December 28, 2023. This is contained in a news release issued by the airline’s Spokesperson, Stanley Olisa, who also stated that passengers can now fly Accra-China-Accra whic...
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CBN Warns PoS Operators, Banks Against Cash Hoarding
December 22, 2023 No Responses

CBN Warns PoS Operators, Banks Against Cash Hoarding

The Central Bank of Nigeria has issued a warning against Deposit Money banks and Point of Sales (PoS) merchants over alleged hoarding of cash in the country.   A circular signed by CBN’s acting director of Corporate Communications, Hakama...
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Luxury Bus Owners Laud FG On 50 % Fare Slash, Mobilises Members For Implementation
December 21, 2023 No Responses

Luxury Bus Owners Laud FG On 50 % Fare Slash, Mobilises Members For Implementation

The Association of Luxury Bus Owners of Nigeria (ALBON) has described as a welcome development the Federal Government’s decision to slash public transportation fares by 50 percent across the country from Thursday, December 21, 2023, to Thursday, January ...
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NADDC Faults Inflow Of Used Vehicles Into Nigeria, Seeks Minimum Standards 
December 21, 2023 No Responses

NADDC Faults Inflow Of Used Vehicles Into Nigeria, Seeks Minimum Standards 

The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin has frowned at the level of inflow of used cars otherwise referred to as “tokubo” cars into Nigeria. Speaking at an event in Abuja on Public Sector...
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Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation
December 20, 2023 No Responses

Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation

The minister of Marine and Blue Economy, Adegboyega Oyetola, has said that access roads leading to the ports in Nigeria play a pivotal role in the efficiency of the ports. To this end, he has appealed to the minister of...
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Oyetola Raises Committee To Review E- Call Up
December 20, 2023 No Responses

Oyetola Raises Committee To Review E- Call Up

As part of efforts to reduce the Apapa gridlock and strengthen the E-call up system, Marine and Blue Economy minister, Adegboyega Oyetola has set up a committee to review the E-call up system and come up with measures to ensure...
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Lagos To Deploy 1,000 CNG Buses In 2024
December 20, 2023 No Responses

Lagos To Deploy 1,000 CNG Buses In 2024

The Lagos State Government is to deploy about 1,000 Compressed Natural Gas (CNG)-buses before the end of 2024.  Already, the State has concluded plans to take delivery of 100 units of CNG Buses and 50 electric buses from the Federal...
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NCDMB Commits To Capacity Utilisation, Patronage For Nigerian Service Companies
December 20, 2023 No Responses

NCDMB Commits To Capacity Utilisation, Patronage For Nigerian Service Companies

The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companies would remain of strategic importance to take advantage of the massive development of operational capabilities si...
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