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Economy

Latest Economy News

NEXIM bank to promote sesame seeds processing for export in Katsina

The Nigerian Export-Import Bank (NEXIM) says it has concluded plans to promote

Improved Electricity: Don urges FG to Resolve Challenges

Prof. Sylvester Egwu, a Howard University Professor of Mechanical/Energy Engineering, has on

43 Buildings Collapsed in Nigeria in 2019 – Building Institute

No fewer than 43 buildings under construction collapse in Nigeria in 2019,

Coronation Merchant Bank allays fears of Naira Devaluation in 2020

Coronation Merchant Bank on Wednesday expressed optimism that the nation’s currency would

SON advises Firms on Measures to Boost Consumers’ confidence, Global Competitiveness

The Standard Organisation of Nigeria (SON) has called on Nigerian manufacturers to

NPA expects 15 ships Laden with Petroleum Products, Food Items

The Nigerian Ports Authority (NPA) says it is expecting 15 ships laden

SEC wants State Govt’s to establish Project Companies to Boost IGR

The Securities and Exchange Commission Nigeria (SEC) on Tuesday advised state governments

SON to establish Laboratories in 6 Geo-political Zones

The Standards Organisation of Nigeria (SON) says it has concluded plans to

N30,000 Pension Increment: Pensioner lauds El-Rufai, urges emulation by FG, others

The 19 Northern States Forum of Nigerian Pensioners has commended Gov. Nasir

FG approves N7bn to Support Creative Industry

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says

Tariff Increment: Ikeja Electric Targets N170bn Revenue in 2020

Ikeja Electric (IE) Plc says it is targeting total revenue of N170

Communities Laud FG Over Ikot Ekpene Highway Construction

South-South and South-East communities have commended the Federal Government for approving the

Intra-African Trade Fair will boost Participants’ Opportunities – MD

Ms Kanayo Awani, Managing-Director, Afreximbank’s Intra-African Trade Initiative, says the second Intra-African

NSE moves 132.62m Shares worth N1.28bn in Bearish Trading

The Nigerian Stock Exchange (NSE) on Friday transacted 132.62 million shares valued

Security: Link SIM cards, national ID cards, BVN – Minister urges NCC

Minister of Communications and Digital Economy, Dr. Isa Pantami, has called on

Infrastructure development: Senate wants investors key into Tax Credit Scheme

The Senate on Wednesday said it would amend laws to make Public/Private

Gov. Matawalle assents to N188.5 bn Appropriation Bill

Gov. Bello Matawalle of Zamfara has pledged to start full implementation of

FIRS Inaugurates Intelligence System to Track Tax Evaders

The Federal Inland Revenue Service (FIRS) has inaugurated a National Intelligence Gathering

AEDC Earmarks N1bn for Nasarawa Power Evacuation Project

The Abuja Electricity Distribution Company (AEDC) says it has committed N1.04 billion

ANLCA Endorses Collection of Practitioners’ Operating Fee(POF) at Ports

The Association of Nigerian Licensed Customs Agents (ANLCA) on Tuesday said it

CBN Approves 6 Companies for Dairy Products Importation

The Central Bank of Nigeria (CBN), has approved six dairy companies operating

Afreximbank expects over $40bn trade, investment deals at 2nd IATF billed for Rwanda

African Export-Import Bank (Afreximbank) says it expects trade and investment deals totaling

World Bank: North responsible for 87% of Nigeria’s poverty

A new report by the World Bank shows that Northern Nigeria recorded

SEC to Partner DFID for Financial Technology Development

The Securities and Exchange Commission (SEC) says it will partner with the

Conditional Cash Transfer: Payment for 3,000 Beneficiaries Begins in Sokoto

The Sokoto State cash transfer unit has commenced the monthly payment of

FG Awards Over 70 Road Projects in North Central – Official

  The Federal Government had awarded more than 70 road projects from

Forex: CBN injects $218.41m, CNY 18m into Retail Secondary Market

The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million

AfDB lauded for 2020 African Economic Outlook

The African Development Bank’s (AfDB) Economic Outlook 2020 for the continent had

Hard Facts About Northern Nigeria You Probably Don’t Know

Editor’s note:  Northern Nigeria is faced with challenges of security of lives

7.5% VAT: Nigerians React Angrily

As the reality of the Value Added Tax (VAT) increment that commenced