Economy Archives — Page 9 of 230

October 20, 2024 No Responses

NCAA Reiterates Support For Ibeju-Lekki Airport

The Nigeria Civil Aviation Authority (NCAA) on Saturday affirmed its support for the Lagos State Government in the proposed Ibeju-Lekki Airport. The regulatory body gave this affirmation during a joint meeting to discuss the overview and highlights of the project...

October 19, 2024 No Responses

NADDC, Reps To Propel Auto Industry Through Legislation

Members of the House of Representatives Committee on Delegated Legislation has expressed readiness to synergize with the National Automotive Design and Development Council (NADDC) to further propel the development of the Nigeria Automotive Industry.This was di...

October 19, 2024 No Responses

NCMI Holds Compliance Summit on FATF

The Nigerian Capital Market Institute (NCMI), a subsidiary of the Securities and Exchange Commission (SEC) is holding a compliance summit for Chief Executive Officers and Compliance Officers on Financial Action Task Force and other related issues.The Summit wi...

October 19, 2024 No Responses

Leadway Assurance Blames Gtbank For Delayed Annuity Payment

Leadway Assurance has blamed delay in the payment of September 2024 annuity on transaction challenges at Gtbank.Some Gtbank account holders are yet to receive their payments for the Month of September 2024.Leadway Assurance in a notice sent to annuitants expla...

October 19, 2024 No Responses

AfDB Unveils $100m Investment Bank For Nigerian Youths

The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria. AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head...

October 18, 2024 No Responses

CNG: FG Lists Approved Conversation Workshops

The National Automotive Design and Development Council (NADDC) has emphasized the need to obtain standard Compressed Natural Gas (CNG) Conversion from NADDC accredited Vehicle Conversion Workshops across the country.A notice issued by NADDC and obtained by Cit...

October 18, 2024 No Responses

FG, States, LGAs Share N1.289tri

The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as...

October 17, 2024 No Responses

UAE Partners NDDC On Development Projects

The United Arab Emirates, UAE, and the Niger Delta Development Commission, NDDC, have agreed to set up a joint committee to develop a partnership framework to support development projects and programmes in the Niger Delta region.This followed a meeting between...

October 17, 2024 No Responses

FG Meets Labour Leaders Over Petrol Price Hike

The Federal Government on Wednesday met with the leadership of the Organised Labour at the office of the Secretary to the Government of the Federation, George Akume, Abuja. Minister of Information and National Orientation, Mohammed Idris, led the Federal Gover...

October 17, 2024 No Responses

Lagos To Pay N85,000 Minimum Wage, Explains Debt Profile

The Lagos state government is to pay N85,000 minimum wage to civil servants, higher than the Federal Government’s approved minimum wage of N70,000. Mr Babajide Sanwo-Olu, Lagos state Governor stated this in an interview on Channels Television on Wednesday ...

October 16, 2024 No Responses

NASENI Awards N70.5m Grant To Six Female Engineers

The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira grant to six winners of the Developing Engineering Leaders Throu...

October 16, 2024 No Responses

Access Bank Reaffirms Commitment To War Against Illicit Drug Trafficking, Money Laundering

Access Bank Plc has reinforced its dedication to the fight against illicit drug trafficking and money laundering, committing to a closer partnership with the National Drug Law Enforcement Agency (NDLEA). The bank made this commitment at the formal decoration o...

October 15, 2024 No Responses

NIMASA DG Harps On Public Private Partnership Mode For Maritime Infrastructural development

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola has asserted that adopting the Public Private Partnership (PPP) model is essential for the infrastructural development of Nigeria’s maritime sector.The Direc...

October 15, 2024 No Responses

Access Bank, SaltinGStein Unveil Winbundle Airtime2Win

Access Bank has partnered SaltinGTein to unveil Winbundle Airtime2Win on its digital platform to provide customers a chance to turn airtime purchase into a potential life-changing event.Winbundle Airtime2Win enables customers to purchase airtime via *901# and ...