News - Business and Economy

Ecobank Gets New Managing Director

5 months ago /

The newly Appointed Managing Director and Regional Executive of Ecobank Nigeria Patrick Akinwuntan says Bank Customers can expect more Customer friendly Innovations that will make their Banking easier

Nigerian Pension Fund Asset Rises To N 8.2tn In Q2, 2018

5 months ago /

The National bureau of statistics (NBS), says pension fund asset in the second quarter stands at eight point two trillion naira as against seven point nine trillion naira recorded in the first quarter.  

Nigeria, Germany To Improve Cooperation In Trade And Investment

5 months ago /

Nigeria and Germany have agreed to improve cooperation in the areas of Agriculture, Trade and Investment as well as risk financing.

Benue Assembly Passes 2018 Supplementary Budget

5 months ago /

The Benue State House of Assembly on Thursday approved a revised expenditure of Two Hundred and Twenty Eight Point Two Billion Naira for the Twenty Eighteen fiscal year.

N-Power Beneficiaries In Kwara Appeal For Soft Loans

5 months ago /

Volunteers for the n-power scheme in Kwara state have urged the federal government to make the scheme permanent or provide soft loans for volunteers at the end of the twenty four months programme.

CBN To Give SMEs Operators Loan At 9%

5 months ago /

The Central Bank of Nigeria has begun incentivizing deposit money banks to give single digit loans of 9% to small and medium enterprise (SME) operators in the real sector.

Osinbajo Advocates Fiscal Federalism As Panacea To Nigeria’s Economic Challenges

5 months ago /

Vice President Yemi Osinbajo says prudent Management of National Resources and provision of Infrastructure,  are better ideas for Nigeria's Development challenges.

Trade Experts Want Nigeria To Promote Non-Oil Export To Address Trade Imbalance

6 months ago /

Experts who made this call in Lagos while speaking on the Ease of Doing Business and boosting Exports Trade in the Country said depending so much on Importation is hurting Local Production.

UNESCO, SDG. Office To Empower More Young Nigerians

6 months ago /

The National Coordinator of a UNESCO  Project TAP THE AUGUST PROJECT,  Olusegun Ladigbolu says Thousands of Youths have received training while others are currently being Empowered to  make them contribute to the Nation’s Economic Prosperity

Biz: Markets Update

6 months ago /

The Nigerian Equities Market advanced marginally by 0.21% on Monday to open the week in Green Territory.

Abia To Partner Kano In Small And Medium Scale Enterprises

6 months ago /

The Abia State Governor, Okezie Ikpeazu says his Administration will partner with the Kano State Government on Small and Medium Scale Enterprises development, in the State.

Kwara State Internal Revenue Drops In Second Quarter 2018

6 months ago /

The count down to the 2019 general election is already taking its toll on the internally generated revenue of kwara state as the internal revenue service says it recorded low collection in the second quarter of 2018.

National Economic Council Holds At The Aso Rock Villa

6 months ago /

Twelve governors attended the meeting of the National Economic Council on Thursday; others were represented by their deputies.

Fed Govt Initiates Micro-Credit For Petty Traders

6 months ago /

The federal government has launched a new initiative under the Government Enterprise and Empowerment Programme (GEEO)

F.G To Invest More In Free Trade Zone

6 months ago /

The Nigerian government says it has no excuse not to embrace continuous investment in the free trade zone model which has been a success in most countries.

Fire Guts Baga Road Market, Maiduguri

6 months ago /

The Police in Maiduguri have confirmed that about 8 shops stocked with various food items worth millions of Naira have been destroyed by fire at the Baga Road Market in Maiduguri.

Market Update

6 months ago /

Transactions on the floor of the Nigerian Stock Exchange remained bearish on Thursday as the Nse Asi dropped by 19 basis points on sustained profit taking activity to record four straight days of losses this week.

Nigeria’s Finance Minister Proposes Sanctions For MDAS That Fail To Remit Operating Surplus

6 months ago /

Nigeria’s Minister of Finance, Kemi Adeosun, has proposed that the Fiscal Responsibility Act 2007 be reviewed to make provisions for sanctions that can be applied against Government  Ministries, Departments and Agencies which fail to remit their operating surplus to the consolidated Revenue Fund.

Pension Fund Assets Increase To N8.23 Trillion

6 months ago /

The Net Asset value of the Pension Assets of the contributory pension fund has increased by seven hundred and sixteen point nine billion Naira as at June twenty eighteen to eight point two three trillion naira.

Fed. Govt Canvasses More Inclusive Growth For Nigeria

6 months ago /

The Nigerian government says more attention needs to be given to local government areas in the country to ensure inclusive growth.