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Business and Economy

FG begins review of oil and gas free zones authority Act

The Federal Government on Tuesday in Abuja began review of the Act establishing Oil and Gas Free Zones Authority (OGFZA) in Nigeria.The review is...

COVID-19: Buhari meets Economic Council, vows to protect Nigerians

President Muhammadu Buhari says Nigeria has foreseen the economic problems that may come in the wake of the COVID-19 pandemic, and will explore all...

Bauchi speaker empowers 500 unemployed youths

Mr Abubakar Suleiman, Speaker, Bauchi State House of Assembly has disbursed N5 million to 500 unemployed youths to enable them to engage in...

FG issues N968.092 bn promissory notes so far- DMO

The Debt Management Office (DMO), said as at Feb. 29, the Federal Government had issued promissory notes valued at N968.09 billion across a number...

MWUN threatens to declare state of emergency on shipping sector

The Maritime Workers Union of Nigeria (MWUN)  says it will declare a state of emergency in the shipping sector if the Shipping Association of...

NSE market indicators record 0.12% loss

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a loss of 0.12 per cent, driven by investors’ sell-off...

Oil price crash: Oyo govt. to re-prioritise expenditure, cut 2020 budget

The Oyo State government is set to re-prioritise its expenditure and cut its 2020 budget to survive the impacts of oil price crash in...

ACCI inaugurates women trade group to facilitate entrepreneurship

The Abuja Chamber of Commerce and Industry (ACCI) has inaugurated the Women Trade Group (WTG) of the chamber, as parts of efforts to encourage entrepreneurship...

Rivers Port to receive first RoRo vessel soon

Nigerian Ports Authority (NPA) on Sunday said that the Rivers Port in Port Harcourt would receive its first ever RoRo vessel in few weeks...

French coy, FCMB partner to grow MSMEs in Nigeria

Proparco and First City Monument Bank (FCMB) have signed a N2 billion risk-sharing facility agreement to promote the growth of Micro, Small, and Medium-Scale...

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