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    Kapital FM 92.9 The Station that Rocks!

Business

275 Results / Page 30 of 31
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Business

NEPZA, OGFZA Seek Customs Collaboration On FTZ’s Development

    The Nigeria Export Processing Zones Authority, NEPZA and Oil and Gas Free Zones Authority, OGFZA have solicited the support of the Nigeria Customs Service, NIS, in the development of the nation's Free Trade Zones, FTZs in the country. The Managing Director/CEO of NEPZA, Prof. Adesoji Adesugba and his counterpart from OGFZA, Senator Tijani Kaura made the request when they paid a courtesy call on the Acting Controller General of NIS, Mr Bashiru Adeniyi in his office in Abuja. […]

todayJuly 28, 2023

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Business

CBN Lifts Ban On Bamboo, Nairabet, AbokiFX, 437 Accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive inflows. The circular, signed by A.M. Barau on behalf of the CBN director of banking supervision, on Tuesday, also instructed banks to notify the concerned customers of […]

todayJuly 26, 2023

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Business

Dollar Now N876 As Forex Shortage Worsens

The naira maintained its downward trend against the dollar as it traded for 876/$ at the parallel market on Sunday. Some Bureau de Change operators, who spoke to The PUNCH, said the local currency had earlier exchanged to the dollar at 820 a week earlier. Since the unification of the exchange rates in the country by the Central Bank of Nigeria in recent weeks, the naira had continued to slide to […]

todayJuly 24, 2023

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Business

Stakeholders Seek Solutions To Challenges Of Economic Free Zones

  The Federal Government is to put in place necessary modalities towards boosting productivity in Economic Free Zones in the country. The Special Adviser to the President on Industry, Trade and Investment, Mr John Uwajimogu stated this in Abuja at a Roundtable with Stakeholders on the Economic Free Zones. Mr Uwajimogu who described Economic Free Zones as key to national development said the forum was organized for stakeholders to brainstorm […]

todayJuly 18, 2023

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Business

Houston To Strengthen Bilateral Trade Relations With Nigeria

  Houston, Texas in the United States of America has promised to strengthen its bilateral trade with Nigeria towards enhancing national economic development. The Mayor of Houston, Texas, USA, Mr Sylvester Turner made the promise in Abuja when he led a business delegation on a visit to the Permanent Secretary, Ministry of Industry, Trade and Investment, Dr. Evelyn Ngige. Mr Turner expressed Houston's readiness to invest in Energy, Agriculture, Technology […]

todayJuly 18, 2023

Business

Non-Oil Export Generates $2.539b, 1st Half Of 2023 – NEPC

The Nigerian Export Promotion Council, NEPC says the non-oil exports in the first half of 2023 generated 2.539 billion dollars. The Executive Director/NEPC of NEPC, Dr Ezra Yakusak made this known in Abuja at the presentation of the first half-year progress report on the non-oil export performance for 2023. Dr Yakusak said the sector recorded a dip in value of export in the first half-year of 2023 due to the general elections and changes in global economic conditions. According to […]

todayJuly 17, 2023

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Business

PoS Operators Begin Implementation Of New Service Charge Monday

Despite recent criticisms of plans to increase the price of service charges, the Association of Mobile Money and Bank Agents in Nigeria has said current economic conditions have not prompted point-of-sale operators to reconsider their plans to implement the new framework starting next Monday. This was as it indicated plans to extend the implementation of the new price range to the Federal Capital Territory and other states. The PUNCH reported […]

todayJuly 15, 2023

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Business

ITF Advocates Skills Empowerment In Tertiary Education System

  The Industrial Training Fund, ITF, has called for skills empowerment in tertiary education system towards ensuring productive graduates that can compete with their counterparts the world over. The Director General of ITF, Sir Joseph Ari made the call in Abuja during the third Annual Forum For Innovation In African Universities, FIAU, with the theme "Strengthening Africa's Higher Education In A Post COVID -19 World". Sir Joseph Ari who said […]

todayJuly 7, 2023

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Business

NiMet , AAAU SIGN MoU ON RESEARCH

NiMet , AAAU SIGN MoU ON RESEARCH In fulfilment of part of it's mandate to add value especially in aviation and meteorology, the Nigerian Meteorological Agency (NiMet), has signed a Memorandum of Understanding (MoU) with the African Aviation and Aerospace University (AAAU), for Research, Resource Development and Exchange programmes. The epoch making event took place yesterday at the take-off campus of the AAAU at Bill Clinton Drive, by Nnamdi Azikiwe […]

todayJuly 7, 2023