Economy/Business - News Agency Of Nigeria

Naira redesign: Supreme Court to deliver judgment March 3

On: February 22, 2023

By Ebere Agozie The Supreme Court on Wednesday fixed March 3 for judgment in the suits filled by some State Governors against the Federal Government over the cashless policy by the CBN in old Naira note withdrawal. Justice Inyang Okoro, who led the seven-member panel of justices, fixed the dateContinue Reading

Speedy implementation of movement critical to AfCFTA success- Zimbabwean tycoon

By: Folashade Adeniran

On: February 21, 2023

In: Business

Mr Ken Sharpe, CEO, WestProp, Zimbabwe By Rukayat Moisemhe Speedy implementation of free movement of persons, goods and services is critical in benefiting from opportunities in the Africa Continental Free Trade Area (AfCFTA), says Mr Ken Sharpe, a Zimbabwean business mogul. Sharpe, also the Chief Executive OfficerContinue Reading

FCTA inaugurates 4th Edition of Abuja business plan competition

By: Salisu Sani Idris

On: February 21, 2023

In: Economy/Business

By Salisu Sani-Idris The Federal Capital Territory Administration ( FCTA) has reiterated its commitment to prioritising young entrepreneurs skills development as a measure to bridge the gap and support economic growth in the nation’s capital. The FCTA’s Permanent Secretary, Mr Adesola Olusade, gave the assurance when he officially launched theContinue Reading

FGN savings bond records N45bn subscription, as DMO unveils subscription portal

By: Afonne Emmanuel

On: February 21, 2023

In: Economy/Business

By Kadiri Abdulrahman The Debt Management Office (DMO), says the Federal Government of Nigeria (FGN) Savings Bond has received a total subscription of N45.135 billion between its inception in 2017 and 2022. The Director-General of the DMO, Patience Oniha said this on Tuesday in Lagos, at the unveiling and demonstrationContinue Reading

Shun overpricing of govt contracts, services, BPP D-G urges procurement officials

By: Afonne Emmanuel

On: February 21, 2023

In: Economy/Business

By Kadiri Abdulrahman The Director-General of the Bureau of Public Procurement (BPP), Mr Mamman Ahmed has advised government officials to shun the idea of inflating and overpricing government contracts. This is contained in a statement issued by BPP Head of Media, Janet McDickson in Abuja on Tuesday. The statement saidContinue Reading

Expert seeks stakeholders collaboration for standard service on mineral exploration

By: Afonne Emmanuel

On: February 21, 2023

In: Economy/Business

By Vivian Emoni The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged relevant stakeholders to collaborate for strong standard services in the mineral sector. The Technical Adviser, NACCIMA mining group, Mr Auwal Bununu, said this in an interview with the News Agency of Nigeria (NAN)Continue Reading

Naira Swap: Bank associations pledge availability of cash

By: Vivian Ihechu

On: February 20, 2023

In: Economy/Business

By Lydia Ngwakwe Three financial associations have assured that the Central Bank of Nigeria (CBN) and commercial banks would do everything possible to ensure availability of the Naira to the general public. The associations are Chief Security Officers in Banks (CSOs), Committee of Heads of Operations of BanksContinue Reading

TAJBank reiterates commitment to deepen penetration across geo-political zones

By: isaac aregbesola

On: February 20, 2023

In: Economy/Business

By Kadiri Abdulrahman TAJBank, a fast growing non-interest financial institution has reiterated its commitment to deepen and sustain its penetration across the geo-political zones across the country. To this end, the bank opened a new branch in Kano. The News Agency of Nigeria (NAN) reports that the Zoo Road, KanoContinue Reading

New monetary policy may reduce inflation in the long term- economist

By: Salisu Sani Idris

On: February 20, 2023

In: Economy/Business

By Okeoghene Akubuike An economist, Dr Ayo Anthony says the new monetary policy by the Federal Government may help reduce Nigeria’s inflation rate in the long term. Anthony said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. He spoke against the backdrop ofContinue Reading

Make cash accessible, remove obstacles —stakeholders plead

By: Salisu Sani Idris

On: February 20, 2023

In: Economy/Business

By Lucy Ogalue Some stakeholders have appealed to the Federal Government and relevant authorities to remove obstacles and improve accessibility of cash to ameleorate the sufferings of Nigerians. They told the News Agency of Nigeria (NAN) on Sunday in Abuja that Nigerians were hungry and getting desperate due to insufficientContinue Reading

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