Economy
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Investors laud mining roadmap, plan visits to Nigeria
Nigeria’s mining roadmap was investors’ toast as curtains drew over the 21st Africa Down Under conference in Perth, Australia. Ecstatic investors besieged the exhibition booth of the Ministry of Solid Minerals at the Pan Pacific Hotel venue of the event following the announcement of enticing package of incentives unveiled by the Minister of Solid Minerals, Dele Alake, at the fourth…
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BREAKING: Tinubu appoints Zacch Adedeji FIRS acting chairman
President Bola Tinubu has appointed Zacch Adedeji as the Acting Chairman of the Federal Inland Revenue Service (FIRS). Until his appointment, Adedeji was the Special Adviser to the President on Revenue. He was also Commissioner for Finance in Oyo State from 2011 to 2015 after which he served as the Executive Secretary of the National Sugar Development Council (NSDC). Adedeji…
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PHOTO NEWS: Keyamo declares open 7th Aviation Africa Summit and Exhibition
Minister of Aviation and Aerospace Development, Festus Keyamo on Wednesday, declared open the the 7th Aviation Africa Summit and Exhibition in Abuja. The summit which holds Wednesday and Thursday is where all the major stakeholders in the aviation sector from Africa and around the world gather to discuss trends, innovations, challenges, and opportunities in the African aviation sector.
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Nigerians can now import goods via Benin Republic – NCS
Importers in Nigeria who intend to bring their goods through the Cotonou Ports in Benin Republic can now do so legally. This decision emerged as a key outcome during the two-day visit of Mr. Alain Kinkati, the Director-General of Customs Service of Benin Republic, as outlined in a communique released at the conclusion of their meeting in Abuja on Tuesday.…
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42 successful bidders announced in 2022 Nigerian Gas Flare Commercialisation Programme
The Nigerian Upstream Petroleum Regulatory Commission has announced 42 bidders as winners in the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) auction process. NUPRC, in their announcement, stated that the issuance of letters of award to these 42 companies/entities who were successful in the bidding process is currently in progress. The commission, in its statement, revealed that these 42 winning…
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Immigration clears 60,000 passport backlogs in four days – FG
The Minister of Interior, Dr Olubunmi Tunji-Ojo, has confirmed the clearance of about 60,000 passport backlog in four days out of over 200,000 pending passport applications. This is consequent upon the directives given to the immigration service by the minister to ensure clearance of all pending passport applications within two weeks. Tunji-Ojo made this known when the Minister of Humanitarian…
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MSMEs: 1.3 million to get jobs in 17 states, FCT
In a bid to complement the Federal Government’s efforts to improve the economy and create more jobs, a group of partners in the Micro, Small and Medium Enterprises (MSME) space are set to execute various MSME-focused interventions, targeting 1.3 million beneficiaries across 17 States and FCT. The MSME and Job Creation Unit of the Vice President’s Office which is coordinating…
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African carriers need additional 160 aircraft by 2042 – Airbus director
Mr Joep Ellers, Airbus Airline Marketing Director for Africa, had said that African carriers will need at least 160 new passenger and freighter aircraft to meet the rising demand by 2042. Ellers made the assertion on Tuesday in Abuja while addressing newsmen ahead of Aviation Africa Summit and Exhibition scheduled to hold on Sept. 13 to Sept.14. in Abuja. According…
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Olam denies fraud allegations in Nigeria, orders review
Olam Group Ltd.’s shares tumbled the most in over three years after the agricultural commodities trader denied allegations of a multibillion dollar fraud in Nigeria and ordered a review into the matter. The company categorically denies the allegations about Olam Nigeria and its subsidiaries, and refutes all “baseless and inflammatory statements,” it said in a filing to the Singapore exchange…
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NASENI CEO charts new course for management, staff
The new Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, has charged the management team to commit fully to the new direction being charted for the agency. Halilu stated this Monday, as he began receiving operational briefings from the agency’s management and senior staff. He reiterated that under his watch, NASENI will…
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