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Economics at tvcnews.tv

Friday, Apr 26

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Tinubu arrives Riyadh for Special World Economic Forum

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President Bola Tinubu has arrived in Riyadh, the capital of Saudi Arabia, to participate in the 2024 Special World Economic Forum (WEF) on Global Collaboration, Growth, and Energy for Development. President Tinubu’s arrival in Riyadh is…

21

Tinubu appoints Jim Ovia Chairman of Nigerian Education Loan Fund

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President Bola Tinubu has approved the appointment of Mr. Jim Ovia, renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). Mr. Ovia is the founder of one of Nigeria’s leading banks and…

15

TUC calls for speedy conclusion of minimum wage process

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The Trade Union Congress has criticised the government for lack of key actors’ engagement before the recent increase in electricity tariffs. The Congress also calls for speedy conclusion on a new minimum Wage. These labour leaders are on…

Ginger farmers in Kaduna facing seedling shortage due to blight infection

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Ginger farmers in Kaduna state are faced with a likely shortage of seedlings due to the recent ginger blight. The Farmers have been advised to adopt crop rotation to help rejuvenate the soil and combat future crop diseases. Kaduna State…

14

CSOs call on FG to stop award of pipeline contracts to fmr militants

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Leaders of Civil Society groups have called on the federal government to stop the pattern of giving pipeline contracts to former agitators. The groups while expressing full support for the reforms of President Bola asked Nigerians to be…

12

Ondo 2024: Akinnodi emerges as ADP gov’ship candidate

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Ahead of the November 16 governorship election in Ondo state, Ayodeji Akinnodi, has emerged as the candidate of the Action Democratic Party (ADP) in the state. Akinnodi emerged on consensus candidate as the leadership adopted him as the…

Ondo Federal High Court orders INEC to publish 2021, 2022 audited financial statements

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A Federal High Court in Akure, Ondo State capital, has granted an Order of Mandamus compelling the Independent National Electoral Commission (INEC) to publish the 2021 and 2022 Audited Financial Statements. The court also granted an Order…

Thursday, Apr 25

20

Breaking: Akeredolu’s former deputy emerges PDP gov’ship candidate

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A former Deputy Governor of Ondo State, Agboola Ajayi has emerged as the candidate of the Peoples Democratic Party for the November 16 governorship election.Mr. Ajayi polled 264 votes at the primary election of the party held at the…

19

Nigeria ready, open for business, Tinubu tells investors in Netherlands

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President Bola Tinubu has participated in the Nigeria-Dutch business forum in Netherlands where he assured foreign investors that Nigeria is indeed ready and open for business. This meeting comes after an earlier meeting between President…

18

Ondo PDP Gov’ship primary will be credible – Committee Chairman

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The Chairman of the People’s Democratic Party (PDP) Governorship Primary Election Committee in Ondo State who also doubles as Bayelsa Deputy Governor, Lawrence Ewhrudjakpo, has assured the aspirants of a level playing field. Mr.…

15

Fmr President Jonathan inaugurates key projects in Akwa Ibom state

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Former President, Goodluck Jonathan has inaugurated some key projects in Uyo, Akwa Ibom State. He was accompanied by the governor of the State, Umo Eno and some top government functionaries. Some of the projects commissioned includes; 1…

14

PDP holds indirect primary to elect Gov’ship candidate in Ondo

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All is now set for the People’s Democratic Party Primary Election holding at the International culture and events center popularly known as the “Dome”. The Aspirants are in a last minute rush to woo the delegates. A total of 627 delegates…

13

Enugu govt., bans illegal tax, revenue collection

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Enugu state government has announced the ban of illegal tax collection and revenue collection contracts cancelled. The was made public at a news conference in Enugu to curb Incessant harassment and extortion. The growing concern of multi…

11

FG revokes 924 dormant mining licences

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The Nigerian government has revoked 924 dormant mining licences covering exploration, mining, small scale mining and quarrying. Minister of Solid Minerals Development, Dele Alake, says the move is to cleanse the sector of licence…

Wednesday, Apr 24

19

Biden signs $95 billion war aid package to support Ukraine, Israel, Taiwan

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U.S President Joe Biden has signed into law a $95 billion (€89 billion) aid package that includes assistance for Ukraine, Israel and Taiwan as well a provision that would force social media site TikTok to either be sold or be banned in the…

FG Seeks $10 Billion Investment, Launches Incentives For Oil, Gas

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The Federal Government has endorsed the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector. The guidelines are in accordance with the Presidential Directive aimed at enhancing the Nigerian oil &…

17

President Tinubu Approves Take-Off Of Consumer Credit Scheme

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President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme. Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and…

FG Suspends Dana Air Operations Till Further Notice

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The Minister of Aviation, Festus Keyamo has suspended Dana Airline operations in the country till further notice. The directive followed the incident involving a Dana Air plane at Lagos airport on Tuesday which forced aviation authorities…

16

FG may review entry age to higher institutions at 18 years

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The Senate committee on Tertiary institutions and Tetfund says the national Assembly will come up with a legislation to review entry age into tertiary institutions in the country. Members of the committee made this known after monitoring…

15

TESLA’s Profit Falls In First Quarter 2024 Despite Job Cuts

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Tesla has announced its profits fell sharply in the first three months of the year to $1.13bn (£910m), compared with $2.51bn in 2023. It caps a difficult period for the electric vehicle (EV) maker, which – faced with falling sales – has…

14

Cross River govt. inaugurates Economic Management Team

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The Cross River State Government has inaugurated a nine-member Economic Management Team to drive its efforts. According to a statement signed by Mr. Nsa Gill, Chief Press Secretary to the Governor, the team was tasked with critically…

13

U.S: Fragments of bird flu detected in samples of pasteurised milk- FDA

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The U.S Food and Drug Administration has announced that fragments of the avian flu virus were found in some pasteurised milk samples in the United States. While the government insists that the milk is safe to consume, it states that it is…

11

UAE announces $50M commitment to Lives, Livelihoods Fund 2.0

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The UAE has pledged $50 million to the second phase of the Lives and Livelihoods Fund 2.0 (LLF 2.0), a large multi-donor development program that assists Islamic Development Bank (IsDB) member nations in developing long-term solutions to…

Tuesday, Apr 23

23

Ondo Majority Leader, Ogunmolasuyi congratulates Governor Aiyedatiwa

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Majority Leader of the House of Representatives, Honourable Oluwole Ogunmolasuyi has congratulated Governor Lucky Aiyedatiwa for winning the APC Gubernatorial Primary Election. Ogunmolasuyi who doubles as Chairman, Southwest Majority…

18

EFCC To Prosecute Some Of Its Operatives To Cleanse Agency

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Chairman of the Economic and Financial Crimes Commission Ola Olukoyede says the commission has commenced internal cleansing by creating a fraud risk assessment and control department in the commission. The commission will pursue to the…

We’ve uncovered 419 training school for students – EFCC chairman

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Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede said the commission has commenced internal cleansing by creating a fraud risk assessment and control department in the commission. The antigraft boss says the…

17

Rivers Assembly Vetoes Governor Fubara’s Assent To LG Bill

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The Rivers State House of Assembly has vetoed Governor Siminalayi Fubara’s assent to pass the Local Government Amendment Bill into law. The Local Government Amendment Bill No. 4 of 2024 is an additional modification to the Local Government…

16

Governor Fintiri Promises To Rebuild Yola Market, Assist Traders

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Victims of recent fire outbreak that destroyed goods worth millions of naira in Yola market may soon be back on their feet. This is because Governor of Adamawa state Umaru Fintiri says he will rebuild the market for better efficiency. This…

15

Breaking: Ex-Reps deputy speaker, Emeka Ihedioha resigns from PDP

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Former deputy speaker of the House of Representatives, Emeka Ihedioha has resigned his membership from the People’s Democratic People in Imo State. The former governor announced his resignation from the party in a letter written to the…

Dangote Crashes Diesel Price, Aviation Fuel Below ₦1,000

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Dangote Petroleum Refinery has announced a new selling price for its diesel and aviation fuel. The company disclosed that diesel will now sell at ₦940 per litre while aviation fuel will sell at ₦980 per litre. The price change of N940 is…