|Friday, January 24, 2020 |
Buhari directs trade minister to set up agro-allied industry in 36 states The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in each state of the federation…..read more.
Lagos airport recorded 96,621 aircraft movements in 2019 The Murtala Muhammed International Airport Lagos recorded 96,621 aircraft movements last year, figures obtained from the Federal Airports Authority of Nigeria have shown.It also handled 187.49 million cargo and 7.319 million passengers within the one-year review period….read more.
Lagos airport recorded 96,621 aircraft movements in 2019 The Murtala Muhammed International Airport Lagos recorded 96,621 aircraft movements last year, figures obtained from the Federal Airports Authority of Nigeria have shown. It also handled 187.49 million cargo and 7.319 million passengers within the one-year review period…..read more
PenCom decries slow compliance to ECRS To issues corporate governance guidelines for operators. The National Pension Commission (PenCom), has decried the slow compliance to the Enhanced Contributor Registration System (ECRS), a platform positioned to build a credible database of contributors under the Contributory Pension Scheme (CPS)…..read more.
Stakeholders chart path to disburse $200m cabotage fund for ship owners Stakeholders in the maritime industry converged on Lagos, yesterday, to determine the modalities for disbursing the $200 million Cabotage Vessel Financing Fund (CVFF), to local ship owners….read more.
‘How eCommerce sub-sector can grow, impact Nigeria’s economy’ For Nigeria’s electronic commerce (eCommerce) sub-sector to grow, become profitable, and subsequently impact the economy, more education is required. This should be supported by various government’s policies and infrastructure development….read more.
PenCom to Enforce Group Life Insurance Law The National Pension Commission (PenCom) has ordered all employers of labour covered by the Pension Reform Act 2014, to submit copies of the insurance certificates with the schedule of benefits of their employees to the commission….read more.
Kure Now Acting NIRSAL MFB CEO, CBN Appoints New Directors The Central Bank of Nigeria (CBN) has appointed Mr. Abubakar Abdulahi Kure as the new acting Managing Director of NIRSAL Micro Finance Bank (NMFB). He replaces Yusuf Phillip Yila who becomes Director, Development Finance of the CBN with effect from Friday, January 24, 2020…read more.
Equity investors seem to be taking some heart from the WHO’s reluctance to declare the new coronavirus, which has killed 25 people in China and infected over 800 more, a ‘global emergency’….read more.
|Oil rebounds, but markets ‘twitchy’ over China virus impact on demand U.S. West Texas Intermediate futures were 24 cents, or 0.4%, higher at $55.83 a barrel. The contract fell 2% on Thursday and is 5% lower for the week…..read more. |
Dollar gains vs euro as ECB holds policy steady, launches review The dollar rose against the euro on Thursday after the European Central Bank left unchanged its key interest rates and stimulus programs and launched a broad review of its policy that was likely to see new President Christine Lagarde redefine the ECB’s main goal and how to achieve it…..read more.