Economy Archives — Page 98 of 259

January 13, 2024 No Responses

NGX Extends Gain By N244b

Positive sentiments persisted on the Nigerian Exchange Ltd., (NGX) on Friday with the All-Share Index extending growth by 0.54 per cent. Specifically, the All-Share Index improved further by 445.56 points points or 0.54 per cent to close at 83,042.96, against...

January 12, 2024 No Responses

Ministers Brief Tinubu On $10b Investment Prospects In Nigeria’s Steel Sector

President Bola Tinubu, on Thursday, at the State House in Abuja, held a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which he received briefing on investment prospects...

January 12, 2024 No Responses

Nigeria Targets 472,000 Metric Tonnes Of Wheat From Dry Season Farming

The Nigerian Government has set a target of achieving around 472,000 metric tonnes of wheat production by the end of the dry season wheat farming programme. Mr. Ishaku Buba, the National Project Coordinator for the National Agricultural Growth Sche...

January 12, 2024 No Responses

FG To Raise N35b For Ajaokuta Light Steel

The Federal Government will raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market. Mr Shuaibu Audu, Minister of Steel Development, disclosed this to State House Correspondents after a meeting with President Bola Tinubu on...

January 11, 2024 No Responses

NADDC To Partner University Of Abuja On Charging Stations, Research

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin on Thursday received the Vice Chancellor of the University of Abuja, represented by the Dean, Faculty of Engineering, Prof. Ibrahim Ozigi on a court...

January 11, 2024 No Responses

SAHCO Renews British Airways Ground Handling Contract For Five Years

Skyway Aviation Handling Company (SAHCO) Plc has renewed ground handling contract to provide aviation ground handling services for British Airways (BA) at the Murtala Muhammed International Airport Ikeja in Lagos and the Nnamdi Azikiwe International Airport in...

January 11, 2024 No Responses

Photo News

January 11, 2024 No Responses

CBN Appoints New CEOs For Union, Keystone, Polaris Banks

Few hours after dissolving the board and management of Polaris, Union, and Keystone banks, the Central Bank of Nigeria (CBN) has appointed new chief executives and executive directors to oversee the affairs of the banks. The apex bank in a...

January 11, 2024 No Responses

Chevron Nigeria Appoints New Chairman/MD

CHEVERON Nigeria Limited, CNL, operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL, has announced the appointment of Jim Swartz as the Chairman and Managing Director of Chevron Nigeria/Mid-Africa Business Unit, effecti...

January 11, 2024 No Responses

NGX All-Share Index Drops By 1.4%, Investors Lose N638b

The Nigerian Exchange closed trading on Wednesday on a negative note, due to price depreciation posted by Tier-one bank stocks and some others. Consequently, the All-Share Index declined by 1,167.46 or 1.4 per cent to close at 82,024.28, as against...

January 11, 2024 No Responses

Zenith Bank Denies MD’s Arrest

Zenith Bank Plc has refuted claims that its Group Managing Director/Chief Executive Officer, Dr Ebenezer Onyeagwu, was arrested and held by the anti-graft agency, the Economic and Financial Crimes Commission, in relation to alleged fraud at the Ministry of Hum...