Investors in stock market traded 3.281 billion shares worth N63.517 billion in 60,782 transactions on the Nigerian Exchange Ltd. (NGX) during the week. NGX, in its weekly report made available in Lagos, said this was in contrast to 1.818 billion shares valued at N47.226 billion in 64,222 deals last week.Continue Reading
By Peter Okolie The Nigeria Customs Service (NCS), Federal Operations Unit Zone C, Owerri has handed over assorted contraband pharmaceuticals worth millions of Naira to the National Agency for Food and Drug Administration and Control (NAFDAC). Comptroller Michael Ugbuagu, in-charge of NCS Zone C, Owerri, handed over the confiscated contrabandsContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commended the Investment and Security Tribunal (IST) for its contribution by efficiently resolving disputes among investors, companies and individuals. Dr Mohammed Shehu, Chairman of the commission, disclosed this when he received a delegation from the IST led byContinue Reading
By Vivian Emoni Sen. Abubakar Bagudu, Minister of Budget and Economic Planning, has reaffirmed the Federal Government’s commitment in fostering a conducive business environment for economic growth. Bagudu said this at a virtual event organised by National Policy Advocacy Centre (NPAC), of Abuja Chamber of Commerce and Industry (ACCI), inContinue Reading
Generation By Salif Atojoko President Bola Tinubu says the rationale behind his administration’s economic reforms is to protect the interests of future generations. “For 50 years, Nigeria was spending money of generations yet unborn and servicing the West Coast of our subregion with fuel. It was getting difficult to planContinue Reading
By Martha Agas The Nigeria Customs Service (NCS), says it has intercepted undeclared 1.1 million U.S. dollars and 135,900 Saudi Riyals at the Mallam Aminu Kano International Airport in Kano. Its Spokesperson, Abdullahi Maiwada, made this known in a statement on Thursday in Abuja. Maiwada said the seizure was madeContinue Reading
By Rukayat Moisemhe Credit finance experts have called for the prioritisation of financial literacy in school curriculums as a means of empowering both businesses and individuals to navigate lending. The experts made this call at the First Central Credit Bureau event on Thursday in Lagos, themed: “Exploring Credit Opportunities andContinue Reading
By Lucy Ogalue The Federal Government has reaffirmed its commitment to revitalising Nigeria’s leather industry to boost job creation, economic diversification, and industrial development. The Minister of State for Industry, Sen. John Enoh, stated this on Thursday, during a meeting with the Steering Committee on Strategic Implementation Plan of theContinue Reading
By Okeoghene Akubuike The Infrastructure Concession Regulatory Commission (ICRC), says plans are ongoing to fast-track construction of the Dasin Hausa Dam through Public-Private Partnership (PPP). A statement issued by Ifeanyi Nwoko, the Acting Head, Media and Publicity, ICRC, on Thursday in Abuja, said this was the focus of a meetingContinue Reading
By Nana Musa The Federal Capital Territory Internal Revenue Service (FCT-IRS) has urged all residents in the territory to file their Annual Income Returns before March 31. The Head, Corporate Communications, FCT-IRS, Mr Mustapha Sumaila, announced the deadline in a statement on Wednesday in Abuja. Sumaila said that filing annualContinue Reading
