Category: Economy

SEC seeks SON partnership on commodities trading.

Suleiman Idris- January 12, 2021

The Securities and Exchange Commission (SEC) has requested greater collaboration with the Standards Organisation of Nigeria (SON) to ensure speedy approval and publication of standards ... Read More

We are getting closer to self-sufficiency in liquefied petroleum gas production – Buhari

Abdul Jimoh- December 22, 2020

President Muhammadu Buhari says Nigeria has moved a step closer to the nation’s dream of fully utilising its abundant gas potential. The president said this ... Read More

Buhari calls for ECOWAS commitment as AfCFTA begins Jan. 2021

Abdul Jimoh- December 6, 2020

President Muhammadu Buhari has called for the commitments of member states of the Economic Community of West Africa State (ECOWAS) as the African Continental Free ... Read More

Recession: Financial expert seeks aggressive implementation of ESP

Abdul Jimoh- November 21, 2020

Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability ... Read More

NITDA to Suppport NNPC’s Innovation in Petroleum Sector

Henry Solomon- November 21, 2020

(NAN) The National Information Technology Development Agency (NITDA) has reiterated its resolve to support the Nigeria National Petroleum Corporation (NNPC) to drive innovation in the ... Read More

Kaduna Inland Dry Port strategises to render improved services

Abdul Jimoh- November 11, 2020

The Kaduna Inland Dry Port says it is strategising ahead of 2021 to render better services to its clients and to woo more partners in ... Read More

EU Delegation Visits Minister of Communications & Digital Economy, Pantami, Share Insight on 5G

Henry Solomon- November 5, 2020

As part of strategic dialogue with close partners, a delegation from the European Union to Nigeria and Ecowas, led by the Ambassador, Mr Ketil Karlsen ... Read More

Expert Calls on Citizens to Accept Deregulation Policy

Henry Solomon- September 26, 2020

Mr Joe Nwakwe, a former President, Society of Petroleum Engineers (SPE) says government needs to be encouraged in its efforts to ensure full deregulation of ... Read More

COVID-19 Disruptions and Survival of MSMEs

Henry Solomon- September 26, 2020

By Chijioke Okoronkwo One of the critical areas of global economy adversely affected by the COVID-19 pandemic is the Micro Small and Medium Enterprises (MSMEs) ... Read More

Customs generates N976.6bn revenue in 8 months

Abdul Jimoh- September 10, 2020

The Nigeria Customs Service (NCS) has so far generated N976.6 billion revenue from January to August for the country. The document obtained from the service ... Read More

Over N96bn Paid Across Operational Departments – PTAD

Henry Solomon- September 9, 2020

The Pension Transitional Arrangement Directorate (PTAD) has paid over N96 billion across all the operational departments of the Federal Government between July 2019 and August ... Read More

Edo refinery begins production Sept

Abdul Jimoh- September 8, 2020

The management of the multi-million naira Edo Modular Refinery and Petrochemicals Limited says the project is 99 percent completed and will commence operation end of ... Read More

Adamawa Government to Revamp Abandoned Fertilizer Plant

Henry Solomon- September 8, 2020

Gov. Ahmadu Fintiri of Adamawa says his administration has concluded arrangement to revamp the state-owned fertilizer blending plant. Fintiri gave the assurance on Tuesday shortly ... Read More

Buhari Expresses Concern Over Spiral of Food Prices

Henry Solomon- September 2, 2020

President Muhammadu Buhari has expressed the concern of his administration about the sudden spiral of food prices, at a time when the economy is already ... Read More

ITF Lauds FG’s Directive on Harmonising MDAs Skills Acquisition Programmes

Henry Solomon- September 1, 2020

The Industrial Training Fund (ITF) has commended the Federal Government on its directive to harmonise skills programmes implemented by Ministries, Departments and Agencies (MDAs). The ... Read More

FG Congratulates Adesina on Re-election as AfDB President

Henry Solomon- September 1, 2020

The Federal Government has congratulated Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group on his re-election as the eighth president of the bank ... Read More

Aregbesola Flags Off Construction of Engineering Resource Centre, Decries Skill Gap

Henry Solomon- August 31, 2020

The Minister of Interior, Mr Rauf Aregbesola, on Monday in Lagos called for manpower development to address the skill gap in engineering practice to achieve ... Read More

COVID-19: NACC seeks urgent diversification into non-oil sector

Abdul Jimoh- August 31, 2020

The Nigerian-American Chamber of Commerce (NACC) has called for the adoption of a value-driven national orientation with emphasis on non-oil diversification to mitigate the impact of ... Read More

Malnutrition: FG, States Invest N3.8bn in Procuring `Ready-to Use’ Food–Osinbajo

Henry Solomon- August 18, 2020

Vice President YemiOsinbajo says there has been an increased investment of about N3.8 billion by Federal and state governments especially for the procurement of Ready-to-Use ... Read More

Nigerian Banks Recovered N50.32m Loans Within 9 Days – CBN Director

Henry Solomon- August 18, 2020

Mr Kevin Amugo, Director, Financial Policy and Regulation, Central Bank of Nigeria (CBN), said Nigerian banks recovered about N50.32 million bad loans from debtors within ... Read More