Business & Economy - Page 73

The official manufacturer and marketer of the Peugeot brand of vehicles in Nigeria, Dangote Peugeot Automobiles Nigeria Limited (DPAN), has taken another bold step towards regaining its leadership position in the auto market. This time, DPAN has commenced the assembly of

The Nigerian Content Development and Monitoring Board (NCDMB) recently in Yenagoa, Bayelsa State, played host to a visiting team of ranking military officers from the Nigerian Army Resource Centre (NARC), Abuja, who are in the state on a local study

By MIKE ABBAH The Central Bank of Nigeria (CBN) has announced that the 299th meeting of its Monetary Policy Committee (MPC) earlier scheduled for February 17 and 18, 2025, will now be held on Wednesday, February 18 and Thursday, February 19, 2025.

Financial experts have warned that the implementation of a new 4% per cent Free-On-Board (FOB) Levy on imports by the Nigeria Customs Service (NCS) would exacerbate inflation in the country. The  NCS had, on Feb. 5 – Wednesday, last week – announced the introduction of

The Executive Secretary, CEO Nigeria shippers’ council, Akutah Pius Ukeyima, has stated that the ongoing reforms in the maritime sector by the federal government, particularly the creation of the Marine and Blue Economy ministry, has repositioned the sector for growth, enthusing that the

The Federal Competition and Consumer Protection Commission (FCCPC), has hailed the Federal High Court ruling over the Commission’s authority to regulate competition and consumer protection across all sectors, including telecommunications. The case was instituted by Emeka Nnubia, a shareholder of MTN and

The Nigeria Employers’ Consultative Association (NECA) has demanded a reversal of the four per cent charge on the Free on Board (FOB) value of imports by the Nigeria Customs Service (NCS). NECA’s Director-General, Mr Adewale-Smatt Oyerinde, made the call in a

President Bola Tinubu on Sunday – yesterday, February 9 – in Lagos praised the late Access Bank CEO, Dr Herbert Wigwe, for his contributions to the growth of various sectors of Nigeria’s economy. Tinubu, represented by the Minister of Finance and Coordinating

An energy expert, Dan Kunle, has warned that the continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite current local refining capacity to meet domestic demand, risks derailing the gains of oil industry deregulation,

The people of Ogoniland have expressed their support for ongoing discussions between their leaders and the federal government regarding the planned resumption of oil extraction in their land. This endorsement was contained in a communique issued at the end of a