Economy Archives — Page 79 of 231

November 22, 2023 No Responses

FG To Shipping Firms: Reconcile Tax Books With FIRS Before Dec 31

The Nigerian Government has directed all international shipping companies operating in the country to reconcile their books with the Federal Inland Revenue Service (FIRS) before December 31, 2023. Chairman of the Federal Inland Revenue Service, Zacch Adedeji who gave the...

November 22, 2023 No Responses

CIBN, NGX Forge Partnership To Boost Nigerian Financial Market

The Chartered Institute of Bankers of Nigeria (CIBN) said it would deepen its existing partnership with the Nigerian Exchange Limited (NGX) to further enhance the growth and development of the Nigerian financial market. The President/Chairman, Council of CIBN...

November 22, 2023 No Responses

SAHCO MD Bags Best Practice Award

Skyway Aviation Handling Company (SAHCO) PLC’s Managing Director/CEO, Mr. Basil Agboarumi has been presented the ‘Best Practice Award’ by the Nigerian Institute of Public Relations (NIPR) at the Ibom Icon Resort at Uyo, Akwa-Ibom state. The award was pre...

November 21, 2023 No Responses

Afolabi Bags Zik Award For Entrepreneurial Leadership

Sifax Group Chairman, Dr. Taiwo Afolabi has won the Zik Prize Award for Entrepreneurial Leadership. At the ceremony held in Lagos, the organisers lauded the SIFAX Group’s boss’s business acumen, tenacity and grit which has translated into a success...

November 21, 2023 No Responses

Edo, Delta, Ondo, Ekiti To Repurchase BEDC Shares

The Edo State Governor, Mr. Godwin Obaseki, has said plans are underway by Edo, Delta, Ekiti, and Ondo States, to buy back their shares from the Benin Electricity Distribution Company (BEDC) and reorganize the distribution company, providing a lasting solution...

November 20, 2023 No Responses

Obaseki Decries Persistent Inflation, Dollarization 0f Nigeria’s Economy

The Edo State Governor, Mr. Godwin Obaseki, has decried the surge in inflation and the dollarization of the nation’s economy. Obaseki spoke while delivering his keynote address at the Delta State Executive Retreat 2023 with the theme, “Delivering the M.O.R...

November 20, 2023 No Responses

Maida: Excellent Quality Of Service Non-Negotiable In Telecom Industry

The Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has said that quality of service in the telecommunications sector is non-negotiable as he called for industry collaboration to make this a real...

November 20, 2023 No Responses

NPA To Clampdown On Illegal Container Stripping

The Managing Director of the Nigerian Ports Authority, Mr. Mohammed Bello Koko, over the weekend in Lagos, issued a stern warning against the illegal stripping of containers along the port access road, stressing that the Authority will deal decisively with...

November 19, 2023 No Responses

Firm Gets $530m Contract For Two LNG Carriers

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering Company (HD KSOE) has received an order to build two liquified natural gas (LNG) carriers for an undisclosed shipowner from Africa. According to the company’s stock exchange fi...

November 19, 2023 No Responses

Factors Responsible For Electricity Failure In Nigeria, By Stakeholders

Unknown to many Nigerians, failure in regular electricity supply to households and businesses in the country is not only as a result of government negligence or lack of resources to generate it, but also due to complicated web of offic...

November 19, 2023 No Responses

Nigeria Targets Production Of 2,000 Tractors Yearly

LOCAL production of 2,000 tractors yearly will boost food production, the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has said. It will also create jobs for farmers, especially women and youths and enhance food and nutrition security, he...

November 18, 2023 No Responses

UBA Bags 2023 African Leadership Award

United Bank for Africa (UBA) Plc has been named the African Champion of the Year 2023 at the just concluded Africa Financial Industry Summit, held in Lome, Togo. The Africa Financial Industry Summit (AFIS), organized by Jeune Media Group, publishers...

November 17, 2023 No Responses

NADDC, NAMA Synergise To Strengthen NAIDP

The National Automotive Design and Development Council (NADDC) and the Nigeria Automobiles Manufacturers Association (NAMA) are set for collaborative strategies on speedy passage and proper implementation of the National Automotive Industry Development Plan (N...

November 17, 2023 No Responses

Senate Confirms Maida As NCC Executive Vice Chairman

The Senate has confirmed the appointment of Dr. Aminu Maida as the substantive Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC). Maida was confirmed Thursday in Abuja by the Senate during its plenary session w...