Business & Economy (Page 366)

Hit the ground running, SGF tasks AUDA-NEPAD/APRM Governing Council The Secretary to the Government of the Federation, Mr. Boss Mustapha  has tasked the newly inaugurated National Governing Council of African Union Development Agency- New Partnership for Africa’s Development/ African Peer Review Mechanism (AUDA-NEPAD/APRM) to hit the running especially on itsContinue Reading

Mr Dashe Arlat, the Chairman of Plateau State Internal Revenue Service (PSIRS) says the service generated N9.2 billion between January and June. Arlat disclosed this on Wednesday in Jos at a news conference. He said most of the Internally Generated Revenue (IGR) was from liabilities and interest paid as penaltiesContinue Reading

National Coordinator/Chief Executive Officer, African Union Development Agency- New Partnership for Africa’s Development ( AUDA-NEPAD) Nigeria, Princess Gloria Akobundu, has called on Nigeria’s workforce, especially the youths, to acquire and develop standard skills in any job they have the capacity and likeness to do most. This was said in aContinue Reading

The Ministry of Industry, Trade and Investment, has reiterated the commitment of the Federal Government to empower the youth through the establishment of the Trans-national border markets across the country. The Permanent Secretary, Mr Edet Akpan, disclosed this during a meeting with officials of Niger State Government and other relevantContinue Reading

Lagos, July 18, 2019 (NAN) An Economist, Mr Rasheed Yusuf, says the country’s inflation figure will drop to single digit if the CBN implements its directive to commercial banks to maintain a minimum Loan to Deposit Ratio (LDR) of 60 per cent. Yusuf, the Chief Executive Officer of Trust YieldContinue Reading

Newly appointed NNPC GMD, Mele Kyari By Okon Okon The newly appointed Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mr Mele Kyari has pledged to reposition the corporation. Kyari said he would make the NNPC to be a  global company of excellence to portray the good image ofContinue Reading

The Food and Agriculture Organisation (FAO) says it has distributed 11, 000 fuel-efficient stoves to families displaced by the Boko Haram insurgency in Borno. Patrina Pink, FAO’s Communication Officer, said in a statement in Maiduguri on Wednesday that the stoves were provided under the Norway supported Safe Access to FuelContinue Reading

In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, injected over 337 million dollars in the Inter-Bank Foreign Exchange (Forex) market. The CBN also intervened to the tune of 53.44 million Chinese Yuan in the Spot and Short tenored forwards of the inter-bank foreign exchange market.Continue Reading