Economy Archives — Page 95 of 259

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...

January 25, 2024 No Responses

FIRS Targets N19tri In 2024, Attains N12tri In 2023

For the year 2023, the Federal Inland Revenue Service (FIRS), collected N12.374 trillion as tax revenue, surpassing the year’s target of N10.7 trillion. The Chairman of FIRS, Zacch Adedeji disclosed this at the opening of a two-day strategic management ...

January 25, 2024 No Responses

Lekki Seaport To Receive First LNG-Powered Boxship January 28

CMA CGM Scandola, the first LNG-powered containership of the French shipping company, CMA CGM is scheduled to arrive Lekki Seaport, Lagos, Nigeria, January 28, 2024. Before reaching Lekki, the vessel is scheduled to first call the port of Tema, Ghana...

January 24, 2024 No Responses

FG, States, LGs Share N1.1trillion

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account All...

January 24, 2024 No Responses

Expert Tasks FG On Listings, Tax Revenue

The Managing Director/Chief Executive of Arthur Steven Asset Management Limited, Mr Olatunde Amolegbe, has called on the Federal Government to encourage listings on the nation’s bourse as part of measures to boost capital market participation and tax rev...

January 24, 2024 No Responses

SIFAX Boss Lauds Gerar University On Infrastructure, Donates Bus

SIFAX Group Chairman and the newly-appointed Chancellor of the Gerar University of Medical Sciences, Imope-Ijebu, Ogun State, Dr. Taiwo Afolabi, has commended the university for the quality of infrastructure at the institution’s campus. Afolabi, who w...

January 23, 2024 No Responses

NADDC DG IN SOUTH AFRICA, MEETS AUTO STAKEHOLDERS

As part of measures to strengthen ties with major auto stakeholders and Original Equipment Manufacturers, the Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin, on Monday, 22nd January 2024, met with the Associati...

January 23, 2024 No Responses

World’s Largest Car Carrier Debuts

SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji ...

January 23, 2024 No Responses

Dangote Cement Hits N10tri Market Capitalisation, Otedola Explains Interest

Foremost cement manufacturing firm, Dangote Cement Plc hit a milestone as a N10 trillion company on Monday at the Nigerian Exchange, the first company to attain such a valuation. Meanwhile, Business Man, Mr. Femi Otedola also on Monday confirm...