Home Tag "Federal Government"

Ministry of Trade To Visit Arahah Market

The Federal Ministry of Industry Trade and Investment (FMITI) has reinterated commitment to trade through the Arahah farmers market- a platform to bring women farmers and sellers in direct contact with consumers to sell fresh farm produce on Saturday 27 February 2021.  The Permanent Secretary of the ministry, Dr Nasiru Sani-Gwarzo who promised to personally […]

FG using AFCFTA to boost FTZs competitiveness

The Managing Director of the Nigeria Export Processing Zones (NEPZA), Prof. Adesoji Adesugba has said both the Federal Government and the Authority were leaving no stone unturned at leveraging on the African Continental Free Trade Zone Agreement (AFCTA) to boost the country’s trade zones’ competitiveness.Adesugba, who is also the Chief Executive Officer of NEPZA made […]

ACCI Welcomes Nigeria’s Exit From Recession

The Abuja Chamber of Commerce and Industry (ACCI) has welcomed Nigeria’s exit from recession in the fourth quarter of 2020.   The Chamber’s President, Dr. Al-Mujtaba Abubakar in a press release stated that the growth in agriculture and telecommunications which offset a sharp drop in oil production was impressive and prays other sectors pick up […]

Nigeria Exits Recession

Africa’s largest economy Nigeria, has officially exited recession helped by the gradual return of economic activities following the easing of restricted movements and stimulus packages by the Central Bank of Nigeria. National Bureau of Statistics says real GDP grew by 0.11% in the fourth quarter of 2020 which is higher compared to the -3.62% growth […]

FG Pledges to Implement ECOWAS Brown Card Insurance Scheme

The federal government has said it will ensure the full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident within the sub-region. The Minister of Finance, Budget and National Planning, Zainab Ahmed, stated this while speaking at the inauguration of Mr. Ganiyu Musa, as the Chairman of […]

Cryptocurrency Ban: CBN Should Reverse itself and Back SEC’s Regulatory Plans-Group

The CBN circular is retrogressive and a tacit sabotage of efforts of Buhari Presidency for Nigeria to lead Africa in digital currency race February 6th, Abuja /BlockchainAlliance : The Central Bank of Nigeria(CBN) should reverse its ban of cyrptocurrency and instead support ongoing efforts by the Security and Exchange Commission(SEC) to create a regulatory framework, […]

NEPZA Boss Hails FG, Sunbelt FZE over 1.5 Billion Investment in KFTZ

The Managing Director/Chief Executive Officer of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba has described the N1.5 billion investment brought into the Kano Free Trade Zone by Sunbelt Free Zone Enterprise as an offshoot of sustained intervention by the Federal Government to maintain the zone as an investors’ attractive anchorage. Adesugba made […]

TCN faults N1.5tn Intervention in Power Sector

The about N1.5tn intervention of the Federal Government in the power sector is not reflecting in the current performance of the industry, the Transmission Company of Nigeria said on Thursday. According to TCN, the intervention was done to boost the performance of operators in the power value chain but this had yet to improve the […]

FG Contracts N900m Railway E-ticketing Service to Concessionaire

The Federal Government on Thursday officially inaugurated the e-ticketing service on the Abuja-Kaduna rail corridor and also announced that the service would be run by a concessionaire. Minister of Transportation, Rotimi Amaechi, who inaugurated the online ticketing service during a virtual event in Abuja, said the initiative was a public private partnership valued at N900m. […]

ILECCIMA Celebrates NACCIMA@60 Through Charity Grants For Micro Businesses In Ijesaland

Twenty women-led, micro businesses benefited from the NACCIMA@60   Charity Grants organized by Ilesa Chamber of Commerce, Industry, Mines and Agriculture (ILECCIMA) covering an initial Ilesa East and West Local Government Areas of Osun State. ILECCIMA is a member of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) which was established in the year […]

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