Nigeria Archives — Page 337 of 675

February 1, 2020 No Responses

UBA Revamps NextGen Account

United Bank for Africa (UBA) Plc, has revamped its NextGen account which targets students in tertiary institutions and members of the National Youth Service Corps (NYSC), with added features and benefits. A statement issued on Friday explained that NextGen is...

January 31, 2020 No Responses

Prices Of Vehicles May Soar As NADDC Proposes 125% Import Tariff

Nigeria’s automotive sector regulator, National Automotive Design and Development Council (NADDC) has proposed 100 per cent import tariff for Fully Built Units (FBUs) and 125 per cent for used cars. The Federal Government had in November 2013, raised d...

January 31, 2020 No Responses

Market Capitalisation Drops By N41b

Transactions on the Nigerian Stock Exchange(NSE) on Thursday maintained downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent. The News Agency of Nigeria (NAN) reports that the market capi...

January 31, 2020 No Responses

Kano Spends N500m To Train 200 Auto Mechanics‎

The Kano State Government said it had spent N500 million on training and empowerment of 200 youths as mechanics, panel beaters and welders at the Peugeot Automobile and Nigeria Training Centre, Kaduna. Governor Abdullahi Ganduje disclosed this on Thursday duri...

January 30, 2020 No Responses

DBN Disburses N133b To MSME’s In 18 months

In the last 18 months, Development Bank of Nigeria (DBN) disbursed a total of N133 billion to Micro, Small and Medium Enterprises (MSMEs) operators across the country. The DBN Managing Director, Mr Tony Okpanachi, disclosed this at the ongoing Nigerian...

January 30, 2020 No Responses

Nigeria, India Sign MoU On Sugar Institute

The National Sugar Institute (NSI) of India and the National Sugar Development Council (NSDC), on Wednesday signed an Memorandum of Understanding (MoU) for the establishment of a Sugar Institute in Nigeria. The MoU was signed by the Executive Secretary of...

January 30, 2020 No Responses

Market Capitalisation Drops Below N15tri Mark

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday dropped to N14 trillion mark due to persistent profit taking. Specifically, the market capitalisation which opened at N15.132 trillion shed N138 billion or 0.91 per cent to close at...

January 29, 2020 No Responses

Guinness To Boost Water Supply In Edo, Kano, Others With N480m

Guinness Nigeria Plc has pledged to provide N480 million for the provision of clean drinking water for communities in five states. According to its Sustainable Development Manager, Mrs Titilola Alabi, the beneficiaries of the 10-year project are: E...

January 28, 2020 No Responses

Dangote Tomato Decries Alleged Importation Through Seaports, Seeks Effective Surveillance

The Managing Director of Dangote Tomato Processing Company, Alhaji Abdulkarim Kaita, has called for effective surveillance at the nation’s seaports as part of measures to check alleged importation of tomato paste by unpatriotic Nigerians. He told the News Ag...

January 28, 2020 No Responses

FG Advises States On Realistic Industrial Plan

To revive the sector for economic development and job creation, the Minister of State, Trade, Industries and Investment, Maryam Katagum has advised States to develop a realistic industrial plan. Katagum stated this while answering questions from Journalists in...

January 28, 2020 No Responses

Fadama Project: Ondo Farmers Cultivate 2,238ha Of Cassava, 472ha Of Rice

Between 2014 and December, 2019, farmers in Ondo State cultivated not less than 2,238ha of cassava and 472ha of rice through the Fadama lll AF Project. . The State Project Coordinator, Mr Olusiji Olatunde made the disclosure at the Implementation...

January 28, 2020 No Responses

Car Dealer Drags Ex-Fiancée, Father To Court

A car dealer, Bashir Magaji on Monday dragged his former fiancée Sadiya Muhammad and her father Umar, before an upper Sharia court sitting at Tudun Wada. Kaduna for refusing his marriage proposal. The plaintiff, who resides in Tudun Wada, Kaduna,...

January 27, 2020 No Responses

Customs Impounds Three Trucks Of Smuggled Sweets, Green Tea

The Nigeria Customs Service (NCS), Federal Operations Unit, Zone B, has seized three trucks carrying cartons of sweets, green tea and cosmetics smuggled into the country. The Controller of the unit, Mr Mustapha Sarki-Kebbi explained in Katsina on Sunday ...

January 27, 2020 No Responses

JAMB Registers 700,000 Candidates In Two weeks

Within two weeks, the Joint Admissions and Matriculation Board (JAMB) has registered 700,000 candidates for the 2020 Unified Tertiary Matriculation Examination (UTME) nationwide. The Board’s Head, Media and Information, Dr Fabian Benjamin, made this known in...