Economy/Business - News Agency Of Nigeria

SEC optimistic of ISB passage before May 29

On: April 13, 2023

By Ginika Okoye The Securities and Exchange Commission (SEC) has expressed optimism that the Investment and Securities Bill (ISB) will be passed into law by President Muhammadu Buhari before May 29. Mr Lamido Yuguda, the Director-General of SEC, expressed the optimism at a news conference held on the first quarterContinue Reading

We never claimed to be pension consultant, ASSOPEP replies PENCOM

By: Salisu Sani Idris

On: April 11, 2023

In: Economy/Business

By Rukayat Adeyemi Association of Pension Desk Practitioners of Nigeria (ASSOPEP) on Tuesday denied an allegation by the National Pension Commission (PenCom) that it was parading itself as a pension consultant. Mr Nelson Bassey, Head of Administration, ASSOPE, said this in a statement made available to newsmen in Lagos. HeContinue Reading

NIMASA takes delivery of brand-new mass transit boats

By: Rabi'u Sani Ali

On: April 11, 2023

In: Economy/Business

By Chiazo Ogbolu The Nigerian Maritime Administration and Safety Agency (NIMASA) has taken delivery of brand-new mass transit boats for staff use. The Director General of NIMASA, Dr Bashir Jamoh, said this in his official Twitter handle on Tuesday. The information reads: “We are practising what we preach. Our deliberateContinue Reading

Cornerstone Insurance partners Bus54 to protect passangers on transit

By: Salisu Sani Idris

On: April 8, 2023

In: Economy/Business

By Rukayat Adeyemi Bus54, an online bus booking platform in Nigeria, has partnered with Cornerstone Insurance Plc to provide protection to passangers while travelling. Ms Cordelia Ekeocha, Head, Marketing and Corporate Communications Group, Cornerstone insurance, said this in a statement on Thursday in Lagos. Ekeocha said that under the termsContinue Reading

Experts task women entrepreneurs on digital transformation

By: Folashade Adeniran

On: April 6, 2023

In: Economy/Business

By Itohan Abara-Laserian The Digital Transformation Centre Nigeria (DTC) has advised women entrepreneurs to be fearless, courageous and embrace digital transformation to boost their businesses. Dr Thuweba Diwani, Head of Project, DTC Nigeria, gave the advice at a seminar on Wednesday in Lagos. The News Agency of Nigeria (NAN) reportsContinue Reading

SMEs crucial to surmounting nation’s challenges – Arunma Oteh

By: isaac aregbesola

On: April 3, 2023

In: Economy/Business

By Deborah Coker A former treasurer and also former Vice-President of the World Bank, Dr Arunma Oteh, (2015 – 2018) says Small and Medium Enterprises (SMEs) are capable of bailing Nigeria out of its multi-dimensional challenges. Oteh made the declaration on Monday in Abuja in a lecture she delivered atContinue Reading

Free trade zones scheme generates N35.1bn customs duty in 2021 – NEPZA

By: Afonne Emmanuel

On: April 3, 2023

In: Economy/Business

By Ella Anokam The Nigeria Export Processing Zones Authority (NEPZA), says that the Free Trade Zones (FTZs) Scheme generated a total of N35.1 billion for government as Customs Duty in 2021. The authority said the sum of N408.3 million was also remitted as Pay As You Earn (PAYE) taxes inContinue Reading

Free trade zones: NEPZA tackling knowledge gap challenge, others — Adesugba

By: Afonne Emmanuel

On: April 3, 2023

In: Economy/Business

By Ella Anokam The Nigeria Export Processing Zones Authority (NEPZA), says steps are being taken to resolve challenges of knowledge gap of the Free Trade Zones (FTZS) scheme by policymakers and stakeholders. Prof. Adesoji Adesugba, the Managing Director and Chief Executive Officer of NEPZA said this on Sunday in AbujaContinue Reading

Expert wants leaders elect to adopt insurance for more IGR

By: Afonne Emmanuel

On: April 3, 2023

In: Economy/Business

By Ginika Okoye Mr Ekerete Gam-Ikon, an insurance expert has advised elected leaders at all levels to adopt insurance as their strategic action toward improving Internally Generated Revenue (IGR) in states. Gam-Ikon, the Convener of Insurance September, an insurance platform, in a document on Sunday said the revenue could beContinue Reading

Licensed money lenders warn loan defaulters against practice

By: Afonne Emmanuel

On: April 2, 2023

In: Business

By Rukayat Moisemhe Money Lenders Association has warned individuals to desist from obtaining loans from licensed money lending platforms and deliberately refuse to liquidate such loans. Mr Gbemi Adelekan, President, Money Lenders Association, read the Riot Act to online loan defaulters in an interview with the News Agency of NigeriaContinue Reading

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