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Day: May 3, 2024

Nigerian Government to Launch I-DICE Programme, Aims to Create 2 Million Jobs
Business News Other News

Nigerian Government to Launch I-DICE Programme, Aims to Create 2 Million Jobs

Web AdminMay 3, 2024May 3, 2024
The Nigerian government is gearing up to introduce the Investment in Digital and Creative Enterprises (I-DICE) Programme, slated for launch on May 15, with the ambitious target of generating two...
VP Shettima Urges Patience Amidst Economic Reforms by President Tinubu’s Administration
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VP Shettima Urges Patience Amidst Economic Reforms by President Tinubu’s Administration

Web AdminMay 3, 2024May 3, 2024
Vice President Kashim Shettima has once again called upon Nigerians to exhibit patience as President Bola Ahmed Tinubu navigates the country through prevailing economic challenges inherited upon assuming office. Speaking...
Nigerian Oil Regulator to Finalize ExxonMobil-Seplat Asset Sale within Two Weeks
Business News Other News

Nigerian Oil Regulator to Finalize ExxonMobil-Seplat Asset Sale within Two Weeks

Web AdminMay 3, 2024May 3, 2024
In a recent development, Gbenga Komolafe, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has disclosed that the long-awaited asset sale deal between ExxonMobil and Seplat is...
Transnational Corporation (Transcorp) Plc Records Significant Profit Growth in Q1 2024
Business News Other News

Transnational Corporation (Transcorp) Plc Records Significant Profit Growth in Q1 2024

Web AdminMay 3, 2024May 3, 2024
Transnational Corporation (Transcorp) Plc has announced impressive financial results for the first quarter (Q1) of 2024, with profit before tax surging to N45 billion. This growth was propelled by robust...
APM Terminals Nigeria Plans $500 Million Investment in Maritime Sector
Business News Other News

APM Terminals Nigeria Plans $500 Million Investment in Maritime Sector

Web AdminMay 3, 2024May 3, 2024
APM Terminals Nigeria has revealed its intention to inject $500 million into the nation's economy through the maritime sector in the upcoming years. This announcement comes amidst recent controversies surrounding...
Automotive Manufacturing Stakeholders Advocate for Policies and Collaborations to Boost Nigeria’s Sector
Business News Other News

Automotive Manufacturing Stakeholders Advocate for Policies and Collaborations to Boost Nigeria’s Sector

Web AdminMay 3, 2024May 3, 2024
Stakeholders in Nigeria's automotive manufacturing sector have underscored the importance of implementing the right policies and fostering collaborations to propel the sector's growth and facilitate its transition from import-dependent to...
Business Community Faces Strain Due to Frequent Changes in Customs Duty Exchange Rate
Business News Other News

Business Community Faces Strain Due to Frequent Changes in Customs Duty Exchange Rate

Web AdminMay 3, 2024May 3, 2024
Dr. Muda Yusuf, the Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), has expressed concern over the significant burden imposed on the business community by...
Federal Government Plans Upward Review of Mining License Rates and Fees
Business News Other News

Federal Government Plans Upward Review of Mining License Rates and Fees

Web AdminMay 3, 2024May 3, 2024
Dr. Dele Alake, the Minister of Solid Minerals Development, has disclosed the government's intention to increase mining license rates and other related fees payable by mining operators in Nigeria. This...
Government Borrows N11 Trillion Through Bonds and T-bills in Four Months
Press Release

Government Borrows N11 Trillion Through Bonds and T-bills in Four Months

Web AdminMay 3, 2024May 3, 2024
In a significant financial development, the government has disclosed that it borrowed a staggering sum of N11 trillion through bonds and Treasury bills in just four months. The revelation, made...
Panel Uncovers N3.5 Billion Irregularities in Taraba University’s Account
Press Release

Panel Uncovers N3.5 Billion Irregularities in Taraba University’s Account

Web AdminMay 3, 2024May 3, 2024
In a startling revelation, a panel investigating financial practices at Taraba State University has unearthed irregularities totaling N3.5 billion in the institution's accounts. The findings, disclosed by the panel's spokesperson,...

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Tinubu Says Trillions Saved from Fuel Subsidy Now Funding Infrastructure Development

Keystone Bank Empowers Entrepreneurs with SME Business Clinic Initiative

CBN Orders Banks to Submit Capital Recovery Plans Amid Rising Forbearance Exposure

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