Economy
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Nigeria, Cuba to partner for food security, agriculture advancement
On the sidelines of the G77 + China Leaders’ Summit, the Honourable Minister of Agriculture and Food Security, Senator Abubakar Kyari has signed a Memorandum of Agreement on behalf of the Federal Government with Cuba on food security and agriculture advancement. The Expression of Interest (EOI) is a historic journey to strengthen the ties between Nigeria and Cuba in the…
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Tinubu nominates Olayemi Cardoso as new CBN Governor
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN) This ewas contained in a statement by the Special Adviser to the President on Media and Publicity Ajuri Ngelale on Friday. Cardoso replaces former Governor Godwin Emefiele who was initially suspended by President Tinubu. According…
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NDDC partners OGFTZA on building industrial parks
The Niger Delta Development Commission, NDDC, has pledged to collaborate with the Oil and Gas Free Trade Zone Authority, OGFTZA, on the development of Industrial Parks in the Niger Delta region. The NDDC Managing Director, Samuel Ogbuku, made the commitment during a courtesy visit by a delegation from the OGFTZA, led by its Managing Director, Senator Tijani Kaura at the…
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Nigerian businesses urged to lead African trade growth at IATF2023
In a bid to further strengthen economic ties across the African continent, Nigerian businesses are gearing up to expand their reach and play a pivotal role in the growth of intra-African trade. This commitment was highlighted during the recent High-Level Business Roadshow held in Lagos, Nigeria, where experts and leaders discussed the significance of African economic independence and the opportunities…
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Alake promises collaboration with governors to harness solid mineral resources
The Ministry of Solid Minerals Development will work with governors to harness mineral resources for maximum socio-economic development of the country. The Hon. Minister of Solid Minerals Development , Mr Dele Alake gave this assurance when the Executive Governor of Nasarawa State paid him courtesy visit in his office at the Ministry’s Headquarters in Abuja on Thursday. Speaking further, Mr…
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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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