Economy Archives — Page 79 of 187

December 16, 2022 No Responses

NPA Bags BPSR’s Excellence Award

The Nigerian Ports Authority (NPA) has been rated excellent in service delivery by the Bureau of Public Service Reforms (BPSR). In the evaluation of the Self Assessment Tool (SAT) on performance ranking, NPA bagged the Platinum Award after scoring...

December 15, 2022 No Responses

Elumelu Laments Trade Discrimination Against Africa

Africa suffers the most trade discrimination in the whole world, Chairman, Heirs Holdings, Mr Tony Elumelu has said, calling on its leaders to address the barriers facing the continent. Elemulu said this at a side event on “Charting the Course:.....

December 15, 2022 No Responses

FCT-IRS Insists On Tax Clearance For Vehicle Registration, Building Approval

Federal Capital Territory (FCT) residents will henceforth present Tax Clearance Certificate (TCC) to carry out certain transactions, the Acting Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr Haruna Abdullahi, has said Abdulla...

December 14, 2022 No Responses

Edo, South Africa, Explore Opportunities In Agric, Entertainment, Others

The Edo State Government and the South African Government are strengthening bilateral relations to explore areas of investment in agriculture, economy, healthcare, entertainment and education, among others. The Head of Edo State Investment Promotion Offi...

December 11, 2022 No Responses

Buhari Approves Disbursement Of N16b, $350m Cabotage fund

President Mohammadu Buhari has approved the disbursement of Cabotage Vessel Financing Fund (CVFF). Minister of Transportation, Mr Mu’azu Sambo, disclosed this during the flag-off ceremony of Batch B of the Third Phase of Nigerian Seafarers Developmen...

December 11, 2022 No Responses

Emefiele: Export Proceeds Repatriation To Hit $1b In Q4

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Saturday expressed optimism that export proceeds repatriation for rebate would hit N1billion fourth quarter of 2022. Emefiele said this at a press conference on the outcome of th...

December 10, 2022 No Responses

FMDQ: Exchange Traded Derivative Will Help Govt Raise Cheaper Funds

By citybusinessnews@yahoo.com — FMDQ Securities Exchange Limited is working towards the launch of Exchange Traded Derivative (ETD) products that will enable the government raise funds at a cheaper cost. Head, Market Architecture, FMDQ Securiti...

December 8, 2022 No Responses

DMO Issues Two FGN Savings Bonds

The Debt Management Office (DMO) has announced its December issuance of two Federal Government of Nigeria (FGN) Savings Bonds at N1,000 per unit. According to a statement by the DMO, the first offer is a two-year FGN Savings Bond due...

December 7, 2022 No Responses

FG Raises Plastics Value Chains Committee

The Federal Government on Tuesday inaugurated a project steering committee to promote sustainable plastics value chains through circular economy practices. The Minister of Environment, Mr Mohammed Abdullahi, who inaugurated the committee in Abuja, explai...

December 6, 2022 No Responses

At ISSAN Confab, CBN, Stakeholders, Harp On Measures Against Cyber Attacks

The Central Bank of Nigeria (CBN) has assured information security stakeholders and the general public of its collaboration to check the rising cases of cyber-attacks within Nigeria’s cyberspace. Director, Payments System Management Department of the...

December 5, 2022 No Responses

DMO Boss At CAMCAN Workshop, Lists Ways To Tackle Nation’s Debt Burden, Revenue Challenges

The Director-General, Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration as part of measures to tackle revenue challenges. Speaking at the 2022 Capital Market Correspondents Assoc...

December 4, 2022 No Responses

Oyebanji Signs N21b Supplementary Budget

Ekiti State Governor, Mr Biodun Oyebanji, on Friday accented to the N21 billion supplementary budget duly passed by the state House of Assembly. With the development, the Appropriation for the 2022 fiscal year stands at N122,669,039,657.27, (one hundr...

December 2, 2022 No Responses

FG Awards Patent Certificates To 19 Researchers, Inventors

The Federal Government has awarded patent certificates to 19 researchers for their various inventions and innovations in addressing economic problems. The Minister of Science, Technology and Innovation, Dr Adeleke Mamora, presented the certificates to th...

December 1, 2022 No Responses

FEC Approves PPP For Satellite Internet Broadband

The Federal Executive Council (FEC) has approved the concession of Research and Development of Satellite Internet Broadband Project to ensure uninterrupted and high-speed fixed broadband internet penetration in Nigeria. This is contained in a statement s...