World FZO Elects NEPZA’s MD into Board of Directors

World FZO Elects NEPZA’s MD into Board of Directors

By Oluwakemi Kindness The Managing Director, Nigeria Export Processing Zones Authority, NEPZA, Dr. Olufemi Ogunyemi, has won election into the Board of the World Free Zone Organisation (WFZO) in Dubai. African participants, and their counterparts from Europe and Latin America at this year’s World Free Zone Congress rendered their block votes that led to his election. The Management of the Nigeria Export Processing Zone Authority said it views this concerted […]

October 1, 2024 14 2

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NEPC, NPC to partner on capacity building for Export Promotion

By Oluwakemi kindness The Nigerian Export Promotion Council (NEPC) and National Productivity Centre (NPC) have agreed to partner to enhance service delivery to the exporting community through capacity building for Trade Promotion Officers. The Executive Director of NEPC, Nonye Ayeni, stated this in Abuja on Monday while receiving the Director General of NPC, Baffa Dan Agundi in her office. According to Ayeni “We are committed to working with relevant stakeholders […]

September 23, 2024 17 6

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NSDC, Abuja Chamber of Commerce Collaborate on Sugar Investment Drive

Oluwakemi Kindness The National Sugar Development Council (NSDC) is partnering with the Abuja Chamber of Commerce and Industry (ACCI) to seek potential collaborations that can add value to the Council’s search for serious investments into the sugar subsector. Discussions on the pact commenced with the visit of ACCI leadership led by Emeka Obegolu, SAN, to the Executive Secretary of the Council, Kamar Bakrin. Bakrin who shared the history and mandate […]

September 18, 2024 5 1

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NEPZA licences $150m investment portfolio Free Zone in FCT

By Oluwakemi kindness The Nigeria Export Processing Zones Authority (NEPZA) has again boosted the country’s manufacturing and export indexes with the licencing of Abuja Industrial Park (ZEBERCED) Free Zone with initial one hundred and fifty million U.S dollar investment portfolio. Managing Director of NEPZA, Dr. Olufemi Ogunyemi, in a remark, while handing over the Operating Licence to the Turkish owners of the private zone, revealed that the new business ecosystem […]

September 11, 2024 11 3

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Federal Government launches five hundred million dollars bond

Written by Oluwakemi Kindness The Federal Government of Nigeria has launched a five hundred dollar million domestic bond, marking a significant milestone in the country's economic reform and development journey. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who stated this while unveiling the Series I five hundred million dollars Domestic Federal Government of Nigeria U.S Dollar Bond in Lagos, said the launch is a bold […]

August 16, 2024 46

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Expert Tips: Flexible Income Ideas for Students to Earn While Studying

Writing by Julian Adetinuyo Experts often recommend that students focus on flexible income opportunities that align with their class schedules. This will help them become proactive and resourceful in making income while in school. By leveraging skills, networks, and available resources, students can successfully earn extra income to support themselves during their studies, while also enabling them contribute meaningfully to the economic growth of the society. Student experiences Adebimpe Oluronke, […]

August 9, 2024 23 1

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Minister advocate for more investment to fast-track economic growth

The Minister of Budget and Economic Planning, Senator Atiku Bagudu, has highlighted the disparity between Nigeria’s federal budget and those of other populous nations such as Indonesia and Brazil, emphasizing the urgent need for increased investment. Speaking at the launch of ActionAid Nigeria’s Country Strategy Paper (CSP), themed “Citizens’ Action Against Poverty and Injustice (2024-2034),” held in Abuja, Bagudu, provided a comparative analysis of Nigeria's budget against its international counterparts. […]

August 9, 2024 13

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CBN Reaffirms Commitment to Provide Liquidity Support to FX Markets

The Central Bank of Nigeria (CBN) has offered eight hundred and seventy six million dollars to fulfil bids submitted by customers at an auction concluded on Wednesday, August 7, 2024. This is the latest testament to the CBN's ongoing commitment to support the proper functioning of the foreign exchange market by enhancing liquidity when necessary. A statement on Wednesday by the Director of Cooperate Communication, Hakama Sidi-Ali, said in line […]

August 8, 2024 11 1

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CBN Approves Unity Bank Plc and Providus Bank Merger

The Central Bank of Nigeria (CBN) has announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This strategic move the bank said is designed to bolster the stability of Nigeria’s financial system and avert potential systemic risks. The apex bank, in a statement on Tuesday by its acting Director of Corporate Communications, Hakama Sidi-Ali, said the merger is […]

August 7, 2024 16