Economy
Business Economy

NEPC’s centre to empower youth, women – Minister

By Our Correspondent The Federal Government has inaugurated the Export Skills Acquisition Centre (ESAC) under the Nigerian Export Promotion Council (NEPC) to enhance capacity building for the youths and women. TheNewsZenith reports that the Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, announced this at the inauguration of the centre on Friday in Lagos. ESAC […]

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Business Economy

ICCI, German partners train 70 women entrepreneurs

By Our Correspondent The Ikorodu Chamber of Commerce and Industry (ICCI), with the German Chamber and Association Partnership Project (KVP), jointly trained 70 female Small and Medium-sized Entrepreneurs (SMEs). TheNewsZenith reports that the capacity training took place at the ICCI centre in Ikorodu on Thursday, Lagos State. The training’s theme is “Navigating Legal and Regulatory Issues: […]

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Economy General

Nigeria’s economy transiting to another model – IMPI

From Our Correspondent Publicly available data have shown that the Nigerian economy is responding progressively to the economic policies of the President Tinubu administration, a policy think-tank, the Independent Media and Policy Initiative (IMPI), has said. IMPI’s Chairman, Dr Niyi Akinsiju made the assertion in a statement emailed to TheNewsZenith on Monday. This, the group […]

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Economy Foreign News

Russia urges BRICS partners to create alternative to IMF

Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the International Monetary Fund (IMF). This is to counter political pressure from Western nations before the Brics summit later this month. BRICS, originally comprising Brazil, Russia, India, and China, has expanded to include South Africa, Egypt, Ethiopia, […]

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Business General

MediaFuse-Dentsu wins 2024 marketing group award

By Our Correspondent MediaFuse-Dentsu, a leading advertising agency network powerhouse, has emerged as the “Outstanding Marketing Communications Group” in Nigeria for 2024. The agency and other notable media agencies and advertising personalities within the group won the awards at the National Marketing Stakeholders Summit and Awards 2024 in Lagos. The NewsZenith reports that Marketing Edge […]

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Economy General

Apapa Customs command nets N1.6trn revenue in Q3

By Opeyemi Mohammed The Apapa Port Command of the Nigeria Customs Service (NCS) generated N1.61 trillion between July and September, TheNewsZenith reports. Comptroller Babatunde Olomu, who heads the Area Command, announced the revenue figure in a statement on Monday in Lagos. Olomu said the figure exceeded the N1.17 trillion collected as total revenue in 2023. […]

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Foreign News Oil & Gas

Angola, DR Congo sign new oil & gas deals

By Abdulfatah Babatunde Angola’s Ministry of Mineral Resources, Oil and Gas and the Ministry of Hydrocarbons of the Democratic Republic of the Congo (DRC) have signed an agreement with new terms for the co-development of offshore Block 14. TheNewsZenith reports that the duo signed the agreement during the opening of the Angola Oil & Gas […]

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Banking & Finance Foreign News Insurance

Islamic Corporation signs insurance MoU with Azerbaijan

By Abdulfatah Babatunde The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC) has signed a Memorandum of Understanding (MoU) with the Central Bank of the Republic of Azerbaijan (CBAR) to enhance Islamic insurance services. TheNewsZenith reports that ICIEC is a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group. The […]

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Economy Oil & Gas Transportation

FG gifts 64 CNG buses to Labour Unions, NANS

From Our Correspondent The Federal Government has donated 64 Compressed Natural Gas (CNG) buses to the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC) and the National Association of Nigerian Students (NANS). TheNewsZenith reports that a federal government delegation, led by the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, made […]

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Economy General

FG to register, tax foreigners’ income

From Our Correspondent The Federal Government will now begin to register and tax the incomes of foreigners working in Nigeria under a proposed amendment to the National Identity Management Commission (NIMC) Bill, 2024. TheNewsZenith reports that Mr Bayo Onanuga, Special Adviser to the President, Information and Strategy, announced the new policy while newsmen at State […]

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