THE Chartered Institute of Bankers of Nigeria (CIBN) said it would hold its annual conference to share ideas on how […]
RCategory: Economy
35,000 MT of petrol expected at Lagos ports – NPA
THE Nigerian Ports Authority (NPA) said on Friday that a ship carrying 35,000 metric tonnes of petrol was expected at […]
Transport minister visits ports, says FG to conclude seaport terminal concession agreement
THE Minister of Transportation, Alhaji Mu’azu Sambo, on Friday said that the concession agreement for terminal operators at Nigerian seaports […]
Modular data centres, storage management key to data explosion – Schneider Electric
GLOBAL energy giant, Schneider Electric, has identified modular data centres, micro data centres and better storage management as key elements […]
Trade Fair: LCCI assures exhibitors of safety, improved service
The Lagos Chamber of Commerce and Industry (LCCI) on Friday says it is working assiduously to ensure adequate security and […]
FG to implement five percent tariff hike on calls, data
THE Federal Government has vowed to go ahead with the planned implementation of a five percent hike in call and […]
NEPC urges exporters to utilise bank interventions for exports
THE Nigerian Export Promotion Council (NEPC) has urged exporters in Imo to take advantage of bank interventions for non-oil exports. […]
Ibadan Dry Port: Oyo govt yet to compensate us – Affected house owners
THIRTY-one house owners affected by the acquisition of 90 hectares of land earmarked for the Ibadan Inland Dry Port by […]
Staff redeployment, postings to promote efficiency, accountability, says AuGF
THE Auditor-General of the Federation (AuGF), says recent redeployment of staff in the office is to promote efficiency and accountability. […]
Nigerian banks sound, healthy, safe — Emefiele assures
THE Central Bank of Nigeria, CBN, has allayed the fears of Nigerians on the health of banks in the country, […]
Sign auto policy into law now, assemblers tell FG
FOR the nation’s automotive industry to thrive again, stakeholders in the automotive industry have appealed to the Federal Government for the […]
Over N100m fake products await destruction in Kano
THE Kano State Consumer Protection Council has revealed that it has confiscated fake, adulterated and substandard products worth over N100 […]
Oil subsidy payments: Reps summon CBN Governor, FIRS chair
THE House of Representatives ad-hoc committee investigating oil subsidy payments from 2013 to 2022 Thursday summoned the governor of the […]
Equity market posts losses, market capitalisation down by 0.12%
THE Nigerian stock market recorded loss on Thursday by 0.12 per cent due to losses in some highly capitalised stocks. […]
MTN boss tasks youths on self-development
MR Karl Toriola, Chief Executive Officer, MTN Nigeria, has urged youths to rise above challenges by investing in self-development, to […]
ACTIF2022: African participants to benefit from Barbados visa waiver
AFRICAN participants in the first-ever AfriCaribbean Trade and Investment Forum (ACTIF2022) taking place in Bridgetown, Barbados, from Sept. 1 to […]
NDE trains 30 youths in Bayelsa in waste recycling
THE National Directorate of Employment (NDE) began a three-month training of 30 youths in waste recycling in Yenagoa on Thursday. […]
IADI 2022: NDIC to deepen engagement in deposit insurance
THE Nigeria Deposit Insurance Corporation (NDIC) says it will avail the opportunity of the 20th Anniversary celebration of the International […]
Kwara cabinet okays support for 30,000 female traders
KWARA State Executive Council has approved a programme to empower at least 30,000 female petty traders with a grant of […]
FG seeks $400m private investment to complete millennium tower
THE Federal Government has called on interested investors in the private sector to invest about 400 million dollars required to […]
Lagos begins 2023 budget preparation
LAGOS State Government has begun preparations for 2023 budget with a five-day consultative forum in the five divisions of the […]
N60b investment in donkey business risks collapse, dealers lament
THE Donkey Dealers Association of Nigeria (DDAN) has raised the alarm over threat to its N60 billion investment in donkey business if […]
Naira drops to N680/$ at parallel market despite EFCC’s clampdown
THE naira yesterday weakened against the dollar at the parallel section of the foreign exchange (forex) market. Bureaux De Change […]
UNCTAD spells out actions to curb crypto currencies in developing countries
THE UN Conference on Trade and Development (UNCTAD) has called for action to curb crypto currencies in developing nations. Crypto […]
Afreximbank, SADC business council inaugurate Africa trade investment marketplace
THE African Export-Import Bank (Afreximbank) and the SADC Business Council (SADC BC) have inaugurated the SADC – Africa Trade and […]
Shippers Council gets new board
THE Nigerian Shippers Council (NSC) has expressed optimism for a harmonious working relationship with its newly inaugurated board members. Mr […]
NGX: Index appreciates by 1.47% on Dangote Cement gain
THE Nigerian Exchange Ltd. (NGX) All-Share Index on Wednesday rebounded by 1.47 per cent, following Dangote Cement gain. Specifically, the […]
NDIC boss blames banks failure on managers
MR Bello Hassan, the Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has blamed the failure of banking institutions on the […]
West African Power Pool to create liquidity enhancement fund – Chairman
THE West African Power Pool (WAPP) says it has concluded plans to create a Liquidity Enhancement Revolving Fund (LERF) for […]
Okopoly Rector urges youths to shun cybercrime, embrace entrepreneurship
DR Francisca Nwafulugo, Rector, Federal Polytechnic, Oko, Anambra, has urged youths to embrace entrepreneurial skills and shun cybercrime and other […]
Polaris Bank not sold, all banks safe, sound – NDIC boss
MR. Bello Hassan, Managing Director, Nigeria Deposit Insurance Corporation (NDIC) has said that all Deposit Money Banks (DMBs) in Nigeria, […]
Foreign earnings: Don seeks improved diaspora remittance
A University don, Prof. Ofiafoh Eiya, has advocated for a policy to boost foreign earnings via Diaspora remittances into the […]
Ponzi scheme: NDIC warns Nigerians to beware of fraudulent financial institutions
THE Nigeria Deposit Insurance Corporation (NDIC), has advised Nigerians to beware of ponzi scheme operating under the guise of financial […]
High Unemployment: Time to declare national emergency is now
THE effects of high unemployment rate on the Nigerian economy are enormous and this state of affairs is no doubt fueling…
Naira gains against dollar by 0.52%
THE Naira on Tuesday appreciated against the dollar at the Investors and Exporters window, exchanging at N428.75. The figure represented […]
6 millionaires emerge from Dangote Cement Promo
NO fewer than six customers of Dangote Cement Plc in Lagos on Tuesday emerged millionaires in its ongoing “Bag of […]