Economy
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Tinubu approves new appointments in Nigeria Customs Service
President Bola Ahmad Tinubu has approved the appointment of new management members for the Nigeria Customs Service. This was contained in a press statement issued by Abdullahi Maiwada, Chief Superintendent of Customs and National Public Relations Officer, Nigeria Customs Service. The statement said the new appointments were made following the retirement of some management members in the Service and the…
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FG ready to support Google in creating one million digital jobs – Tinubu
President Bola Tinubu has expressed the willingness of the Federal Government of Nigeria to support global tech giant, Google Incorporated, to create one million digital jobs in Nigeria. The President gave the assurance at the State House, Friday evening during the visit of Google Vice President (News), Mr. Richard Gingras, to his office. President Tinubu told the visiting Google executive…
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NCC warns of fraudulent LinkedIn account impersonating Danbatta
The Nigerian Communications Commission (NCC) has issued a public alert, raising concerns over a fraudulent LinkedIn account impersonating the Executive Vice Chairman (EVC), Prof. Umar Garba Danbatta. According to a statement issued by the NCC, the account in question is suspected to have been created by unscrupulous individuals with malicious intent, aiming to deceive unsuspecting members of the public and…
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Nigeria’s fuel subsidy removal squeezes European refiners as petrol demand shrinks
Europe’s petrol market, one of the continent’s primary outlets for fuel exports, is experiencing a substantial contraction following recent developments in Nigeria. The removal of fuel subsidies in Nigeria has triggered a notable decline in domestic demand, affecting the regional market for smuggled fuel. Traditionally, North America and West Africa (WAF), with Nigeria as a key player, have been the…
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Shettima restates FG’s commitment to reviving ALSCON
The Vice President, Sen. Kashim Shettima has restated the determination of the Bola Tinubu administration to revive the Aluminium Smelter Company of Nigeria (ALSCON), particularly by engaging with key stakeholders in the industry. Shettima stated this on Friday at a meeting with the management of Russian Aluminium Company – UC RUSAL and other stakeholders in the project, on the sideline…
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Lagos will partner Customs for ports turnaround – Sanwo-Olu
Lagos State Governor, Mr. Babajide Sanwo-Olu, has reiterated his administration’s commitment to making Lagos a business destination for as many investors as possible to improve the economic prosperity of the state. He said the Lagos State government will continue to partner with the Nigeria Customs Service to ensure turnaround for the ports in the state to be globally competitive and…
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Lamido of Adamawa commends NCC’s Consumer Protection Initiatives
The Lamido of Adamawa, Dr. Muhammadu Mustapha, has commended the Nigerian Communications Commission (NCC) on a range of its telecom consumer protection initiatives, including the recent Village Square Dialogue (VSD), which held at the weekend in Yola, Adamawa State. Kakakin Adamawa, Prof. Abubakar Tahir, who represented Lamido Adamawa at the Consumer Conversation programme of the Commission with the theme: “Know…
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Panellists to discuss digital culture, democracy at unveiling of book on cyber politics
A panel is set to discuss the implications of digital culture for democracy during the public presentation of a book by the Head of Media Relations at the Nigerian Communications Commission (NCC), Omoniyi Ibietan, on Tuesday, 25 July 2023, the publishers of the book have said. The panel discussion will follow the review of Cyber Politics: Social Media, Social Demography…
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Foreign transactions on NGX rise to N145.1bn in H1 2023
Amid the bounce of a new administration and raft of changes in government policies, total foreign transactions performed by investors at the floor of the Nigerian Exchange Limited (NGX) grew to N145.08 billion in the first six months (H1) of 2023. This is according to the recently released data on domestic and foreign portfolio investment report in Nigeria’s equity trading…
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Nigerians’ll reap economic gains of Tinubu’s reforms in Q1 2024 – Rewane
The Chief Executive Officer, Financial Derivatives Company Limited, Bismarck Rewane has said that the gains of the present reforms in the economy by President Bola Tinubu will manifest in the first quarter of 2024. Rewane said this on Saturday, while speaking on Arise News TV programme, even as he said that there will be more pains this year as a…
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