• Ipea revisa estimativa do valor adicionado do setor agropecuário

    O Instituto de Pesquisa Econômica Aplicada (Ipea) revisou hoje (16) a estimativa para o valor adicionado (VA) do setor agropecuário de 2021, passando de um aumento de 1,2% para retração de 1,2%. Segundo os pesquisadores do Grupo de Conjuntura do instituto, a revisão das séries de contas nacionais trimestrais feita pelo ...

  • CNC: após período de quedas, confiança do comércio volta a subir

    Depois de três quedas mensais seguidas, os comerciantes voltaram a apresentar otimismo no final do ano. O Índice de Confiança do Empresário do Comércio (Icec) apurado pela Confederação Nacional do Comércio de Bens, Serviços e Turismo (CNC) subiu 0,3% em dezembro, acumulando alta de 10,9% em 2021. Na série dessazonalizada, o Icec ...

  • New AEDC Board, Interim Mgt Assume Office

    The new board  and interim management of Abuja Electricity Distribution Company has assumed office. The board is made up of Victor Osadolor as Chairman. Osadolor is currently Chairman of UBA Pensions, a non-executive director of African Finance Corporation (AFC), and former deputy managing director of the United Bank for Africa ...

  • Nigeria’s Green Bond Market Value Hits N55bn

    Nigerian Exchange Limited (NGX) said, the value of Nigeria’s green bonds market has grown to N55.52 billion in four years. The CEO, NGX, Temi Popoola  disclosed this during the Sustainable Finance Training 2021  hosted by NGX in collaboration with the International Finance Corporation (IFC). According to Popoola, the Exchange is ...

  • SMEDAN Begins Training Of Youths On Business Skills Devt Initiative

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has begun training for the first batch of youths under the entrepreneurship and vocational components of the National Business Skills Development Initiative (NBSDI). In a statement from the Corporate Affairs Unit of the agency, a total number of 1,015 youths, ...

  • Our Tax System Must Work For Everyone – Nami

    The 2021 Finance Bill must be tailored towards enabling an efficient tax system that works for every Nigerian. Chairman of the Federal Inland Revenue Service, Muhammad Nami made the remarks yesterday at a stakeholder engagement  on the Finance Bill 2021 at the House of Representatives, Abuja. “We must build a ...

  • Audi will resume production in Brazil in 2022

    RIO DE JANEIRO, BRAZIL - On Tuesday, the German luxury carmaker Audi announced that it would restart the production of models in the country in mid-2022 at the manufacturing complex in conjunction with its parent, Volkswagen, in São José dos Pinhais (PR). Audi had halted its production line in Paraná ...

  • NBSDI Beneficiaries Commend SMEDAN, Seek Soft Loans

    Beneficiaries of the National Business Skills Development Initiative (NBSDI) under the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) across the country have commended the agency for the initiative. In their separate reactions, beneficiaries commended the federal government for such a painstaking programme geared towards capacity building, skills acquisition, ...

  • 5G: Minister Flags Off 3.5GHz Spectrum Auction

    The minister of communications and digital economy, Prof. Isa Ali Ibrahim Pantami, has flagged-off the process for the commencement of the auction of the 3.5 gigahertz (GHz) spectrum for the deployment of 5G in the country. The auction being organised by the Nigerian Communications Commission (NCC) is holding at the ...

  • Foreign Investors, Shareholders Call For Reduction Of Banks’ CRR

    Analysts and banks’ shareholders  have called on the Central Bank of Nigeria (CBN) to review its policy on Cash Reserve Requirement (CRR) which, they said, has reduced banks’ liquidity position, thus, making them unattractive to foreign investors and limiting their lending capacity. Similarly, the Independent Shareholders Association of Nigeria (ISAN) ...

  • Samsung Heavy Industries Diversifies Into Container Operations

    Samsung Heavy Industries Nigeria (SHIN) has partnered with COSCO Shipping Lines (Nigeria) Company Limited on handling and storage of empty containers at the SHI-MCI yard. This will be an alternative potential business to earn revenue during ‘low season’ of offshore project while creating more job opportunities for Nigerians, the company ...

  • Row Gets Messier As UAE Bans Foreign Airlines From Airlifting Nigerians

    Several Nigerian air passengers are presently stranded at airports across the world as the fiasco between the federal government of Nigeria and the government of the United Arab Emirates (UAE) took another dimension on Monday. Recall that Nigerian Civil Aviation Authority (NCAA) withdrew the ministerial approval granted Emirates Airlines by ...

  • Again, Titan Trust Bank Wins NY Magazine’s Best Trade Finance Provider Award

    Titan Trust Bank Limited has again added to its list of laurels as the lender, at the weekend, emerged ‘Best Trade Finance Provider in Nigeria’ for the Year 2021 in the recently released Global Finance Magazine World’s Best Trade Finance Providers Awards. This is the second time in a row ...

  • SMEDAN Begins Training Of Youths On Business Skills Devt Initiative

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has begun training for the first batch of youths under the entrepreneurship and vocational components of the National Business Skills Development Initiative (NBSDI). In a statement from the Corporate Affairs Unit of the agency, a total number of 1,015 youths, ...

  • Jani: Tax Credit Initiative For Private Sector By President Buhari Good For Our Economy

    Nigeria’s Participation at IATF I am impressed with the massive showing at the fair. I think the IATF this year has been very successful and the impact on Nigerians or whichever the participation has been remarkable. Despite the challenges of visa issuance but we have one of the biggest delegations, ...

  • NDLEA Arrests Ghanaian, 2 Nigerians With 9.9kg Cocaine, Meth

    Operatives of the National Drug Law Enforcement Agency (NDLEA), have arrested a Ghanaian and two Nigerians at the Nnamdi Azikiwe International Airport, Abuja and Akanu Ibiam international Airport, Enugu respectively for trafficking a total of 9.953kilograms of Cocaine and Methamphetamine. 25-year-old John Kadja, whose father is from Kumasi, Ashanti region ...

  • Unubiko Foundation Earmarks N250m To Rebuild Ovukwu-Abam Secondary School

    The chairman/founder, Unubiko Foundation, Chief James Ume, has revealed that the organization has launched a N250m intervention fund to rebuild the Ovukwu-Abam Secondary School, Atan Abam in Abia State. Ume said this on Thursday in Lagos at the launch of a book titled: “Technology and Development – An African Perspective,” ...

  • Why Air Peace Lost Flight Frequencies At Sharjah Airport, UAE Tells Nigerian Govt

    The United Arab Emirates (UAE), has written the federal government of Nigeria why a Nigerian carrier, Air Peace, lost its flight frequency slot at Sharja airport. In a letter dated December 10 and addressed to the Minister of Aviation, Hadi Sirika and signed by Abdulla Bin Touq Al Mari, Minister of Economy and ...

  • Court Orders NDLEA To Release Alleged Colombian Drug Baron

    Justice Lewis Alagoa of the Federal High Court in Lagos has ordered the National Drug Law Enforcement Agency (NDLEA) to release a Colombian, Alexander Bedoye, being detained for alleged drug trafficking, from its custody. Justice Alagoa gave the order while ruling on a fundamental rights enforcement application filed by the ...

  • Okonjo-Iweala Calls For Collaborative Measures In Tackling Corruption

    World Trade Organisation, Director General, Dr Ngozi Okonjo-Iweala has appealed to all Nigerians to collaborate with the Federal Government in order to fight and win war against corruption. Iweala, who made the call at the launch of compendium by Human & Environmental Development Agenda (HEDA) fifth edition on Thursday in ...

  • South West Governors Seek More Constitutional Powers For Amotekun

    The South West governors have sought more constitutional powers for the Western Nigerian Security Network codenamed Operation Amotekun, calling on the Federal Government to increase its capacity. Oyo State governor, Seyi Makinde stated this in his goodwill message at the opening ceremony of the Law Week 2021 of the Nigerian ...