Economy
-
Tinubu appoints new heads for CAC, ITF, SMEDAN, others
President Bola Tinubu has named new heads of key organisations and parastatals within the Federal Ministry of Industry, Trade, and Investment. According to Ajuri Ngelale, the President’s spokesperson, the appointment was made in accordance with Mr Tinubu’s effort to base Nigeria’s economic revival on the foundation of trade expansion through small, medium, and large-scale industry facilitation in the country. The…
Read More » -
NCC restores regulatory services to Globacom
The Nigerian Communication Commission (NCC) has restored regulatory services to one of its licensees, Globacom Limited after it successfully cleared its outstanding debt obligations to the Commission for unpaid Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL). The Commission has also stepped down planned enforcement action against Globacom over its breach of extant regulations by failing to pay its…
Read More » -
Era of exporting raw materials is over – Alake
Minister for Solid Minerals Development, Dr Oladele Alake has restated the overarching policy of value addition by any company wth requisite license and permits to mine minerals, just as he made a clarion call to potential investors that the era of exporting raw materials is over. Dr Alake made this known today in Lado village, Udede Development Area, Nasarawa local…
Read More » -
Shettima promises adequate power supply to industrial clusters, others
…holds business roundtable in Agbara, Ogun State The Federal Government has assured investors in the country of the determination of the President Bola Ahmed Tinubu-led administration to ensure adequate power supply across the country especially in industrial clusters. Vice President, Senator Kashim Shettima, gave the assurance during the Agbara Business Roundtable held in Agbara, Ado-Odo-Ota Local Government Area of Ogun…
Read More » -
BREAKING: CBN lifts foreign exchange restrictions on importation of 43 items
The Central Bank of Nigeria (CBN) on Thursday finally lifted the foreign exchange restrictions it placed importers of 43 items eight years ago. The CBN in a statement signed by Dr. Isa AbdulMumin, the director of corporate communications of the bank, said a significant change has been made in the foreign exchange market policy. Importers who were previously restricted from…
Read More » -
Alake: Nigeria Mining Week 2023 to showcase the potential of the mining sector
The Minister of Solid Minerals Development, Dele Alake, has announced the preparations for the 8th Edition of the Nigeria Mining Week, 2023, which will take place from October 16 to October 18, 2023. The Nigeria Mining Week is an annual event that aims to celebrate and uplift the Nigerian mining sector, which plays a pivotal role in diversifying the economy…
Read More » -
Tinubu appoints new leadership across the communications, innovation, digital economy sectors
President Bola Tinubu has announced the appointment of new and returning Chief Executives for various agencies under the Federal Ministry of Communications, Innovation, and Digital Economy. The President also appointed a new Special Adviser to the President on Technology and Digital Economy. According to a statement issued by Chief Ajuri Ngelale, the Special Adviser to the President on Media and…
Read More » -
US institutional investors eye Nigerian capital market, urge regulatory reforms
Institutional investors from the United States under the Institutional Investor Network have expressed interest in allocating their capital and exploring more direct investment opportunities in the Nigerian capital market. This was the subject of discussion at an engagement between Nigerian Exchange Limited (NGX) and a delegation from the United States facilitated by Chapel Hill Denham, consisting of United States Agency…
Read More » -
FG promises unveiling of new tax reforms
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed plans by the Federal Government plans to introduce new tax reforms to boost domestic resource mobilisation. Edun said this on Tuesday while attending the World Bank Group/International Monetary Fund (IMF) annual meetings in Marrakech, Morocco. He said the G-24 meeting which he took part in discussed how…
Read More » -
Experts commend FG on roadmap to sanitize mining sector
Experts have commended the Ministry of Solid Minerals Development on its transformative plans to reposition and sanitize the mining sector towards achieving rapid economic development of the country. Panelists on the Nigerian Television Authority programme, Good Morning Nigeria” recommended that the Ministry should have a positive outlook on previous roadmaps and policies that were enunciated in year 2012 and 2106…
Read More »
Follow our WhatsApp Channel