Economy/Business - News Agency Of Nigeria

Security: NFIU assures governors of robust partnership

On: January 22, 2023

By Sumaila Ogbaje The Nigerian Financial Intelligence Unit (NFIU) has assured the Nigerian Governors’ Forum (NGF) of a robust partnership in sanitising the country’s security and financial systems. The agency also assured Nigerians of its determination to fight unwholesome financial transactions and curb corrupt practices. The NFIU Director and ChiefContinue Reading

Redesigned notes: CBN sensitises Muslim faithful in Lagos

By: Olawunmi Ashafa

On: January 21, 2023

In: Economy/Business

By Lydia Ngwakwe The Central Bank of Nigeria (CBN) on Friday took its awareness campaign of the newly redesigned notes (N1,000, N500, N200) to the Lagos Central Mosque at Balogun Market. The News Agency of Nigeria (NAN) reports that the redesigned notes came into use on Dec. 15, 2022,Continue Reading

Alagbon, others take delivery of power transformers, accessories – TC

By: Julius Toba-Jegede

On: January 21, 2023

In: Business

By Constance Athekame The Transmission Company of Nigeria (TCN), says its Alagbon 330/132/33kV Transmission Substation in Lagos recently received truckloads of 2 x 100/125 Mega Volt Ampree (MVA) power transformers and accessories. Mrs Ndidi Mbah, General Manager, Public Affairs, TCN, in a statement in Abuja on Saturday, said thatContinue Reading

Tech firm calls for partnership with FG to bridge gap in real estate sector

By: Afonne Emmanuel

On: January 21, 2023

In: Business

By Victor Okoye A Nigerian Tech Firm, PX PropertyHub, has called for partnership with the federal government in order to showcase its efforts to bridge the gap in the real estate sector. Barr. Nonye Nwabueze, General Manager, Operations/Legal of PX PropertyHub, made the remarks during the official unveiling of theContinue Reading

Adedipe tasks stakeholders on triggers slowing Nigeria’s economy

By: Olawunmi Ashafa

On: January 21, 2023

In: Economy/Business

By Lydia Ngwakwe Lagos, Jan. 21, 2023 (NAN) The Chief Consultant, B. Adedipe Associates Ltd., Dr ‘Biodun Adedipe, has urged stakeholders in business to pay attention to the triggers causing slow down to Nigeria’s economy. Adedipe gave the advice at an economic outlook webinar organised by the First BankContinue Reading

Stock market closes week on negative note

By: Vivian Ihechu

On: January 20, 2023

In: Economy/Business

By Olawunmi Ashafa The local bourse ended the last trading of the week on a negative note as the performance indices declined by 0.06 per cent. Specifically, the market capitalisation dropped by N18 billion or 0.06 per cent to close at N28.646 trillion as against N28.664 trillion posted at the previousContinue Reading

Group sets agenda for Atiku’s proposed $10bn for SMEs

By: Vivian Ihechu

On: January 20, 2023

In: Economy/Business

By Adeyemi Adeleye The Nigerian Business Communities (NBC) for PDP Presidential Candidate, Alhaji Atiku Abubakar and his running mate, Dr Ifeanyi Okowa, have begun conversations around Abubakar’s proposed $10 billion intervention for Small and Medium Enterprises (SMEs) if elected. Abubakar is the presidential candidate of the Peoples Democratic PartyContinue Reading

Ogun Govt spends N82bn on pensions, gratuities in 36 months– Abiodun

By: Vivian Ihechu

On: January 20, 2023

In: Economy/Business

By Abiodun Lawal Abeokuta, Jan . 20, 2023 (NAN) The Ogun Government spent N82bn on payment of pensions and gratuities to state and local government retirees between June 2019 and June 2022. Gov. Dapo Abiodun of Ogun made this known at an interactive session with workers at theContinue Reading

Kwara Geographic Information Agency generated N900m in 2022

By: Olawunmi Ashafa

On: January 20, 2023

In: Economy/Business

By Afusat Agunbiade-Oladipo The Kwara Geographic Information Service (KW-GIS) has generated about N900 million in 2022 through application for land titles from prospective land owners in the state. The Executive Chairman of the agency, Malam Mutalib Shittu, disclosed this while briefing newsmen on Thursday in Ilorin. He said thatContinue Reading

NEPC, group ship agro products to China

By: Ismail Abdulaziz

On: January 20, 2023

In: Business

Commodities By Lucy Ogalue The Nigerian Export Promotion Council (NEPC) and Zeenab Foods Ltd. have commenced the shipment of agro-commodities to Nigerian Export Trade House in China. Mr Victor Ayamere, the Managing Director of the group said this during the kick-off of shipment of the commodities in Idu Industrial LayoutContinue Reading

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