Economy/Business - News Agency Of Nigeria

Naira gains 0.05% at Investors, Exporters window

On: January 19, 2023

By Lydia Ngwakwe The naira on Wednesday exchanged at 461.25 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.05 per cent compared with the 461.50 it exchanged on Tuesday. The open indicative rate closed at N461 toContinue Reading

Governors invite Emiefele over new Naira notes

By: Rabi'u Sani Ali

On: January 18, 2023

In: Economy/Business

By Emmanuel Oloniruha The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, for a virtual meeting on Thursday over issues related to the new naira notes introduced by the apex bank. The Head, Media and Public Affairs, Nigeria Governors’ Forum (NFG)Continue Reading

British don to share leadership insights on better management of change

By: Julius Toba-Jegede

On: January 17, 2023

In: Business

Paul Griffith By Razak Owolabi. Paul Griffith, the world’s first professor of management to lead a team to launch a rocket, will share insights into how world leaders can better manage change in the present uncertain times. Griffith, a Professor of Practice and the Senior Vice President, Products atContinue Reading

AfCFTA: Buhari urges Africa to boost int’l trade

By: Rabi'u Sani Ali

On: January 17, 2023

In: Economy/Business

By Chiazo Ogbolu President Muhammadu Buhari has urged African countries to expand and diversify their participation in international trade to explore the benefits of the African Continental Free Trade Agreement (AfCFTA). Buhari made the call at the ninth African Shippers’ Day with the theme: “African Continental Free Trade Agreement: AContinue Reading

Max Air appoints Mangal as new CEO

By: Salisu Sani Idris

On: January 16, 2023

In: Economy/Business

By Salisu Sani-Idris The Management of Max Air Limited has approved the appointment of Alhaji Abubakar-Dahiru Mangal as the new Chief Executive Officer (CEO) of the company. A statement made available to newsmen by the company’s media officer on Monday in Abuja said that the appointment followed the the deathContinue Reading

New third-party motor insurance premium will facilitate claims payment – Expert

By: Afonne Emmanuel

On: January 13, 2023

In: Economy/Business

By Ginika Okoye Dr Samuel Onyeka, an insurance consultant, has backed the upward review of the third-party motor insurance premium by the National Insurance Commission (NAICOM). Onyeka, the Director, Transparent Protection Ltd. (TPL)/Gte, a Non-Governmental Organisation (NGO), said that the review would help curb fake insurance and facilitate claims paymentContinue Reading

NASS sends business facilitation bill to Buhari for assent

By: Salisu Sani Idris

On: January 13, 2023

In: Economy/Business

By Lucy Ogalue The Clerk to the 9th National Assembly has transmitted the new Business Facilitation (Miscellaneous Provision) Bill 2022, also known as the Omnibus Bill to President Muhammadu Buhari for his assent. The Special Adviser to the President on Ease of Doing Business/ Presidential Enabling Business Environment Council (PEBEC),Continue Reading

Apapa customs breaks revenue record, rakes in N1.02trn

By: Folashade Adeniran

On: January 12, 2023

In: Economy/Business

Stakeholders at the customs media conference By Chiazo Ogbolu The Nigeria Customs Service (NCS), Apapa Command, on Thursday said it generated N1.02 trillion in 2022. The customs area controller, Comptroller Malanta Yusuf, said this at a news conference in Lagos. Yusuf said the amount was unprecedented in the historyContinue Reading

Equity market rebounds with N154bn gain

By: Rabi'u Sani Ali

On: January 12, 2023

In: Economy/Business

By Olawunmi Ashafa The nation’s bourse rebounded on Wednesday with market capitalisation gaining N154 billion or 0.55 per cent or to close at N28.175 trillion as against N28.021 trillion recorded on Tuesday. Also, the All-Share index (ASI) gained 283.27 points or 0.55 per cent to settle at 51,729.87 as against N51,446.60 recordedContinue Reading

FG reconstitutes NISER, CMD Governing Councils

By: Ismail Abdulaziz

On: January 10, 2023

In: Economy/Business

President Muhammadu Buhari has approved the reconstitution of the governing councils of Nigerian Institute of Social and Economic Research (NISER) and the Centre for Management Development (CMD). The announcement of the presidential approval was contained in a press statement by the Director of Information in the Federal Ministry ofContinue Reading

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