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    Kapital FM 92.9 The Station that Rocks!

Economics

18 Results / Page 1 of 2
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Economics

Netherlands Set For Fresh $250m Investment In Nigeria As Tinubu Meets Dutch PM

The Prime Minister of the Netherlands, Mark Rutte, has said that President Bola Tinubu’s economic reforms have engendered greater confidence in the Nigerian economy by international investors and that Dutch investors have activated another set of $250 million worth of new investments over the next few months, including a $100 million investment in a waste-to-wealth industrial facility in Nigeria’s Lagos State. Rutte disclosed at his official residence, known as The […]

todayApril 26, 2024 3

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Business

Benue Receives International Cerification

The International Organization for Standardization (ISO) has certified the operations of Benue Investment and Property Company Limited (BIPC) as meeting international standards. The Managing Director of Occupational Safety Consultants (OSC) Ltd., Kelvin Acka, presented the certificate on behalf of the ISO, saying the certification signifies that BIPC has implemented robust quality management systems that adhere to internationally recognized standards. Acka explained that the company has demonstrated their commitment to customer […]

todayApril 5, 2024 8

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Economics

Stakeholders Harp On Collaboration To Boost Economy

      Stakeholders at a one day summit on "BRICS Bloc" have called for more measures to boost the economy through effective collaboration with other countries to improve the industrialization and technical know how in Nigeria. The convener of the programme, Professor Williams Azuma said the summit became necessary to prepare Nigeria after indicating interest to join the economic Bloc "BRICS Plus" to grow the nation's Gross Domestic Product, […]

todayMarch 13, 2024 24 1

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Economics

Ukraine’s Food Support To Nig Worrisome- Nigerian Farmers Group

      Some farmers under the Aegis of Nigerian Farmers Group and Cooperative Society has described a nation that cannot feed itself as a dependent nation. The group which gave this indication at a media briefing over Ukraine's food assistance to Nigeria, said Nigeria can fend for herself if farmers in the country are given the enabling environment to thrive. While expressing worry on why Nigeria should decend so […]

todayMarch 11, 2024 142

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Economics

Senate Approves N5.079tr NCS 2024 Budget

    The Senate, has passed the 2024 budget of the Nigeria Customs Service (NCS). The passage of the budget was sequel to the consideration of the report of the Committee on Customs, Excise and Tariffs 2024 Budget of the Nigeria Customs Service submitted by Senator Isah Jibrin representing Kogi East during plenary in Abuja. Highlight of the budget include revenue collection of ₦5,079,069 trillion and expenditure component of N706,434 […]

todayFebruary 16, 2024 3 3

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Economics

UK Economy Shrank At The End Of Last Year

The UK fell into recession during the final three months of last year, official figures show, after the economy shrank by more than expected. Gross domestic product - a key measure of economic activity - dropped by 0.3%. It follows a fall between July and September. The UK is considered to be in recession if GDP falls for two successive three-month periods. It raises questions over whether Rishi Sunak has […]

todayFebruary 15, 2024 2

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Economics

Steel Sector Critical To Driving Economy – Ahmadu

  The Steel Sector is essential in the oil and gas industry as it creates various components that are used in the exploration, production, and transportation of oil and gas. Minister of State for Steel Development, Uba Maigari Ahmadu stated this while delivering his goodwill message at the 8th Sub- Saharan Africa International Petroleum Exhibition and Conference, SAIPEC, in Lagos State. Ahmadu noted that Oil and Gas exploration and production […]

todayFebruary 14, 2024 14

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Economics

Senate Kicks Against Chevron, Ohers Turning Nig To Extractive Zone

    The Senate committee on Local Content has kicked against the extractive operational model carried out in Nigeria by Chevron, Exxon and other oil companies without manufacturing content as done in other climes. This explains why the National Content Development and Monitoring Board, NCDMB, told the committee to invite the oil companies for explanations on their extractive mode of operation without manufacturing content. The committee during its interactive with […]

todayFebruary 7, 2024 3 2

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Economics

House To Investigate Non- Compliance With CBN’s NOP Limits

      The House of Representatives is to investigate non-compliance by banks and financial institutions with the Central Bank of Nigeria, CBN, directives on the Net Open Position, NOP, limits. The house mandated its committees on Banking Regulations and Banking and Institutions to conduct the investigation and report back to the house. According to the CBN, the NOP limit of the overall foreign currency assets and liabilities of banks […]

todayFebruary 7, 2024 3

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