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Tag: Dailytrust
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SEC Issues Framework On Banking Sector Recapitalisation
Categories: BusinessContinue Reading: SEC Issues Framework On Banking Sector RecapitalisationIn a bid to support the Central Bank of Nigeria’s recapitalisation programme towards achieving the targeted objectives, the Securities and Exchange Commission has released its Framework on Banking Sector Capitalisation…
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NNPC, TotalEnergies JV announce $550m Ubeta Field dev’t project
Categories: BusinessContinue Reading: NNPC, TotalEnergies JV announce $550m Ubeta Field dev’t projectTo yield revenue of $7bn over the next 20 years In a major step towards boosting Nigeria’s oil and gas production, the NNPC and TotalEnergies JV have officially announced a…
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Garri, rice record 50% price increase in Enugu
Categories: BusinessContinue Reading: Garri, rice record 50% price increase in EnuguThe price of cassava flakes, popularly known as garri and rice has recorded more than a 50 per cent increase in Enugu metropolis, the News Agency of Nigeria (NAN) reports….
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Customs records N4.4trn revenue in 1yr
Categories: BusinessContinue Reading: Customs records N4.4trn revenue in 1yrThe Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has revealed that in the last one year, the organisation has recorded a 74 per cent revenue growth, amounting to…
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Why beans price bloated in Nigeria – CFAN
Categories: AgricultureContinue Reading: Why beans price bloated in Nigeria – CFANThe recent high cost of beans experienced in the country which has sent panic across the nation has been an issue that dominates almost every platform of discussion. It was…
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Experts seek right policies on renewable energy devt
Categories: BusinessContinue Reading: Experts seek right policies on renewable energy devtThe General Manager of FrazEnergy Ltd (A subsidiary of Oilserv Group), Mr. Osi Okonkwo, has called for more investment in the development of renewable energy resources. According to him, specific…
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Creative industry will contribute $100bn to Nigeria’s economy by 2030 – FG
Categories: BusinessContinue Reading: Creative industry will contribute $100bn to Nigeria’s economy by 2030 – FGThe Federal Government says it is targeting a $100bn contribution to Nigeria’s Gross Domestic Products (GDP) from the creative industry by 2030. The Minister of Culture, Art and Creative Economy,…
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Nigeria’s real estate investment lacks incremental value tracker
Categories: BusinessContinue Reading: Nigeria’s real estate investment lacks incremental value trackerThe chairman of Maihomm, Eni Eniola has said that real estate investment lacks incremental value tracker, adding that the valuation of properties are not estimated based on specific incremental percentage…
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NITDA inaugurates startup labelling committee
Categories: BusinessContinue Reading: NITDA inaugurates startup labelling committeeThe National Information Technology Development Agency (NITDA) has taken a significant step towards driving the implementation of the Nigeria Startup Act (NSA) with the inauguration of the Startup Labelling Committee….
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How closure of Balanga Dam impoverished farmers
Categories: AgricultureContinue Reading: How closure of Balanga Dam impoverished farmersBalanga Dam was established in the 1980s to provide means of livelihood and provide job security. However, the closure of the dam five years ago by the Gombe State government…
