Economy/Business - News Agency Of Nigeria

Global oil sector needs $12.6t investment, says OPEC

On: February 18, 2021

The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about US$ 12.6-trillion investment to enable it contribute to achieving future global oil demand.Continue Reading

Bears maintain dominance on NSE, market drops further by N15bn

By: Edith Ike-Eboh

On: February 17, 2021

In: Business, Economy/Business

The bears maintained leadership on the NSE on Wednesday with investors losing N15 billion due to persistent profit taking on blue chips.Continue Reading

SON certifies production of shea butter, groundnut cake in Niger

By: Rabi'u Sani Ali

On: February 17, 2021

In: Economy/Business

SON has certified the production of 25 products, including Shea butter and groundnut cake ‘kulikuli’, aimed at improving the nation’s agricultural sector.Continue Reading

Trade experts optimistic of WTO reforms by Okonjo-Iweala

By: Afonne Emmanuel

On: February 17, 2021

In: Economy/Business

Some trade experts affirm that Dr Ngozi Okonjo-Iweala’s appointment as Director-General of World Trade Organisation (WTO) will make a difference through reforms in global economic and trade space.Continue Reading

FG wants private sector participation in cassava production

By: Rabi'u Sani Ali

On: February 17, 2021

In: Economy/Business, Food Security

The Federal Government has urged investors in the private sector to drive the production of the cassava value chain to meet local demand and promote export.Continue Reading

Customs seizes N320m smuggled items in Kebbi

By: Rabi'u Sani Ali

On: February 17, 2021

In: Economy/Business

The Nigeria Customs Service (NCS), Kebbi Command, seized N320 million worth of contraband between January and December 2020.Continue Reading

COVID-19: Kogi earmarks N3bn to stimulate economic recovery

By: Ifeanyi Nwoko

On: February 16, 2021

In: Economy/Business

The Kogi Government has earmarked three billion naira to stimulate economic recovery, following the devastating effects of the coronavirus pandemic in the state and elsewhere.Continue Reading

Trading reverses on NSE, indices down by 0.19%

By: Edith Ike-Eboh

On: February 16, 2021

In: Economy/Business

Trading on the nation’s bourse returned to the negative territory on Tuesday with the market indicators dropping by 0.19 per cent.Continue Reading

I am ready for international challenges – Okonjo-Iweala

By: Edith Ike-Eboh

On: February 16, 2021

In: Economy/Business

Dr Ngozi Okonjo-Iweala, Director-General of the WTO has affirmed her readiness to confront the challenges associated with her job.Continue Reading

DPR to sanction sellers of PMS in Jerry cans

By: Afonne Emmanuel

On: February 16, 2021

In: Economy/Business, Oil & Gas

Department of Petroleum Resources (DPR) in Niger threatens to sanction sellers of large quantity of Premium Motor Spirit (PMS) in Jerry cans.Continue Reading

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