Economy
Economy General

Nigeria remains Africa’s top investment destination – TMV

By Abdulfatah Babatunde The Tinubu Media Volunteers (TMV) has praised the African Petroleum Producers’ Organisation (APPO) for citing its Africa Energy Bank headquarters in Nigeria. In a statement emailed to TheNeewsZenith,  on Wednesday, TMV noted that locating the head office of the $5 billion Africa Energy Bank in Nigeria “shows that Nigeria remains a viable investment […]

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Economy National

Customs boss lauds, describes TMP as dependable partner

From Our Correspondent The Comptroller-General of Customs (CGC), Adewale Adeniyi, has described the Trade Modernisation Project (TMP) as a worthy and dependable partner in the modernisation drive. Adeniyi gave the commendation at the weekend after receiving a power generating set and a bus on behalf of the service from TMP in Abuja. Appreciating the TMP […]

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Economy Maritime National

Stakeholders want fisheries captured under Blue Economy ministry

By Opeyemi Muhammad Stakeholders in the fisheries and maritime businesses have called for the review of relevant laws to place fisheries under the Ministry of Blue Economy. They made the call during the first Annual Conference of the Alumni Association of the Federal College of Fisheries and Marine Technology (FCFMT) on Saturday in Lagos. TheNewsZenith […]

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Ecology Environment Oil & Gas

PIA will resolve apprehension in oil communities – Stakeholders

theri ADVERTISEMENT From Our Correspondent Mr Anthony Ifeanya, Anambra State Commissioner for Petroleum and Mineral Resources, says the slow implementation of the Petroleum Industry Act, (PIA) 2021, was causing apprehension in host communities. Ifeanya made the assertion at the opening of a two-day workshop for the leaders of Host Communities of Nigeria Producing Oil and […]

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Business Economy

VP says FG’s commited to prosperous MSMEs

From Our Correspondent Vice-President Kashim Shettima has assured the Federal Government’s commitment to the prosperity of Micro, Small and Medium Enterprises (MSMEs) in the country. Shettima gave the assurance at the World MSMEs Day (Joint Nigeria and African Union event), held in Abuja. TheNewsZenith reports that the Deputy Chief of Staff to the President, Sen. […]

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Economy General

Nigeria’s public debt stock hits N121.67trn in Q1 2024 – NBS

From Our Correspondent Nigeria’s public debt stock rose from N97.34 trillion ($108.23 billion) in the fourth quarter of 2023 to N121.67 trillion ($91.46 billion) in the first quarter of 2024. The National Bureau of Statistics (NBS) released the stock figures on its website Tuesday. It further stated that the Nigerian Domestic and Foreign Debt Report […]

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Economy General

How ‘Customs modernisation’ll boost Nigeria’s economy – Expert

By Jafar Omoniyi The country will reap many benefits when the Nigeria Customs Service (NCS) completes and rolls out its modernisation project, Mr Ahmed Ogunshola, has said. Ogunshola, General Manager of the Trade Modernisation Project (TMP), announced this during a media tour of the Project Management Office of the Nigeria Customs Service Trade Modernisation Project […]

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Business Economy

Tourism ministers discuss AI at Caribibean Week

Artificial Intelligence (AI), the latest global phenomenon, was a major focus at the Caribbean Tourism Organisation’s (CTO) Caribbean Week in New York, where a Ministerial forum looked at leveraging AI for tourism development.   During the discussions, Minister of Tourism, Edmund Bartlett, said this technology will be the new frontier for Caribbean tourism. “It must […]

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Banking & Finance Foreign News

AfDB appoints Nigeria as Director of African Development Institute

By Abdulfatah Babatunde The African Development Bank (AfDB) has appointed Dr Eric Kehinde Ogunleye, a seasoned macroeconomist, as Director of the African Development Institute, effective June 1, 2024. Ogunleye, a Nigerian national, has nearly 20 years of experience in macro and development economics, capacity development and public governance. The new director has experience in regulatory […]

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Economy Foreign News

Tesla shareholders approve Musk’s $56B pay package

Tesla shareholders gave a big thumbs-up to CEO Elon Musk’s controversial $56 billion pay package, the company said on Thursday. This is paving the way for the mogul to keep his focus on his biggest source of wealth. Shareholders also approved a proposal to move the company’s legal home to Texas from Delaware. Tesla announced this […]

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