Tag: Nigeria Business Now

FG prepares to submit 2024 Budget in October

FG prepares to submit 2024 Budget in October   The Ministry of Budget and Economic Planning, of the Federation has begun the preparation of the 2024 budget, which it plans to submit in October 2023. The Director-General, the Budget Office of the Federation, Dr. Ben Akabueze, said this yesterday at[Read More…]

Fidelity records PBT of N76.3bn for H1 2023

Fidelity records PBT of N76.3bn for H1 2023   ……Declares interim dividend of 25 kobo Per Share Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A[Read More…]

Business Activity Falls Amid Record Increase In Selling Prices – Report

Business Activity Falls Amid Record Increase In Selling Prices – Report   Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) report says Nigerian private sector business activity dipped into contraction midway through the third quarter of the year as severe and strengthening price pressures acted to diminish demand.   According[Read More…]

Customs, NPA partners to Enhance Trade Facilitation

Customs, NPA partners to Enhance Trade Facilitation   The Acting Comptroller-General of Customs, Bashir Adewale Adeniyi has expressed commitment to enhance the output of designated export processing terminals. The Customs boss made this revelation in Abuja, when he received the Managing Director of Nigeria Ports Authority (NPA), Muhammad Bello Koko[Read More…]

Ongoing Economic Reforms Will Rejuvenate Nigeria’s Economy, SEC

Ongoing Economic Reforms Will Rejuvenate Nigeria’s Economy, SEC   The Securities and Exchange Commission (SEC) has commended the ongoing multi-layered economic reforms by the current administration, saying the new dispensation is capable of rejuvenating the economy and improving the standard of living of Nigerians. A statement issued by the commission[Read More…]

FG Outlines Plan For Nigeria’s Creative Economy

FG Outlines Plan For Nigeria’s Creative Economy   The federal government through the ministry of Art, Culture and Creative Economy has outlined a plan to grow Nigeria’s creative sector. The minister of Art, Culture and Creative Economy, Hannatu Musawa, stated this in an eight-point plan in a video message to[Read More…]