Economy

  • WhatsApp Image 2024 12 01 at 8.23.57 PM

     FG reaffirms Nigeria as Africa’s leading investment hub

    In a bold move to assert Nigeria’s economic prowess, the Federal Government has reaffirmed the nation’s position as Africa’s leading investment hub at the France-Nigeria Business Forum in Paris. The Director, Information and Public Relations, Federal Ministry of Finance, Mohammed Manga, stated in a statement on Sunday that the  strategic declaration is poised to catapult Nigeria to the forefront of…

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    NCC introduces licensing framework for A2P services

    …to hold stakeholders forum Dec 20 The Nigerian Communications Commission (NCC) has officially introduced its highly anticipated Licensing Framework for Application-To-Person (A2P) services. This was announced in a statement issued by the Director of Public Affairs, Reuben Muoka, on Friday. According to Muoka, the framework, meticulously developed in accordance with the Nigerian Communications Act (NCA) of 2003, is now accessible…

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  • Dr Aminu Maida EVC Official Portriat 2024 2 447x450 1

    NCC Boss joins IIC Board of Directors

    The Executive Vice Chairman of Nigeria Communication Commission (NCC), Dr. Aminu Maida has joined the Board of Directors of TMT advocacy body of the International Institute of Communications(IIC). Currently serving as the EVC/CEO at NCC, Dr Maida plays a pivotal role in shaping Nigeria’s telecommunications landscape. Under his leadership, the NCC continues to advance connectivity, foster innovation, and promote a…

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  • WhatsApp Image 2024 11 29 at 4.42.36 PM

    FG secures €300m development partnership with France

    In a landmark move to strengthen bilateral ties and drive sustainable development, the Federal Government has secured a €300 million development partnership with France. This significant agreement is set to bolster key sectors of Nigeria’s economy, including healthcare, transportation, and renewable energy. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun led the Federal Republic of…

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  • WhatsApp Image 2024 11 28 at 2.14.17 PM

    Nigeria, France forge economic partnership, as Zenith Bank launches Paris branch

    …UBA also moves to launch operations in Paris By Kunle Sanni Nigeria and France have taken a significant step toward enhancing economic collaboration, with the signing of two landmark agreements during President Bola Tinubu’s state visit to Paris. The agreements, signed on Thursday by President Tinubu and French President Emmanuel Macron, aim to boost critical infrastructure development, agriculture, and food…

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    BREAKING: WTO reappoints Ngozi Okonjo-Iweala as DG

    The World Trade Organisation (WTO) has reappointed Nigeria’s Ngozi Okonjo-Iweala as its Director-General for a second term. This was announced by WTO in a post on X on Friday. WTO said the reappointment will take effect on September 1, 2025.

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  • WhatsApp Image 2024 11 26 at 3.24.08 PM

    NNPCL: Old and New Port Harcourt refineries integrated with one single terminal for products load-out- Official

    The Nigerian National Petroleum Company Limited (NNPCL) has cleared the air on state of the operation of the Port Harcourt refinery. NNPCL, in a statement issued on Friday by its Chief Communications Officer, Olufemi Soneye, said the Old and New Port Harcourt refineries have since been integrated with one single terminal for products load-out and that they share common utilities…

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    NPA assures technical guidance for operationization of Burutu Port

    The Management of Nigerian Ports Authority (NPA) has assured of providing the technical guidance and allied support necessary for operationalization of Burutu Port in Delta State. The Authority said the technical guidance would consolidate the gains made in the facilitation of exports. Managing Director/CEO of NPA, Dr Abubakar Dansoho, gave the assurances when he received the Chairman and Executives of…

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  • Nigerian Senate 2

    BREAKING: Senate passes Tax Reform Bills for second reading

    The Senate on Thursday passed the four tax bills for second reading through voice votes. President Tinubu Bola transmitted the four tax reform bills to the National Assembly for consideration on October 3. The move generated controversy with the Northern governors and other stakeholders kicking against the tax reforms. Worried by the situation, the Presidency explained that the bills were…

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  • WhatsApp Image 2024 04 21 at 4.44.20 PM

    Stay clear of Marino FX Ltd, SEC warns  investors  

    The Securities and Exchange Commission (SEC) has warned the public not to transact any business with Marino FC Limited as the company is not registered by the Commission operate in any capacity in the capital market in Nigeria. This was contained in a notice by the SEC in Abuja Wednesday. According to the Commission, “We hereby notify the public that…

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