Business & Economy - Page 84

The Nigerian Export Promotion Council (NEPC) has announced that the country’s trade volume in 2024 reached 7.2 metric tons, with a 20.7 per cent increase in value, totaling 5.45 billion dollars. Dr Nonye Ayeni, Executive Director of NEPC, made this statement

The equities market on Monday started the week on a mixed note as the Nigerian Exchange Ltd. All-Share Index (NGX ASI) depreciated by 0.04 per cent. The NGX ASI dipped by 41.70 basis points or 0.04 per cent to close at 105,891.33

Enugu State Governor, Peter Mbah has said that  economic and financial inclusion is imperative in the effort  to grow the nation’s economy, describing it as the secret of the exponential growth in the state’s Internally Generated Revenue (IGR), growth from N30bn

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