Economy

We are not out to kill businesses – AMCON

The Asset Management Corporation of Nigeria (AMCON) on Friday restated its commitment to support the country’s economy by helping businesses to grow. Mr Ahmed Kuru, Managing Director, AMCON made the assertion at a media parley in Lagos. Kuru recalled that AMCON was set up during the 2008/2009 global recession to assist businesses in the country […]

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FX Regime: 3 million maritime employee may lose jobs

Maritime activities closed on Friday with the President, Shippers Association Lagos State, Mr Jonathan Nicol, saying that the floating exchange rate might shed three million staff strength in the maritime sector. Nicol said that the new forex regime had distorted import projections which had now been on decline, reports by News Agency of Nigeria. According to […]

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Recession: Economists urges Govt to boost exports level

Economists on Wednesday called on the Federal Government to stimulate the level of exports of goods and services in order to take the country out of recession. According to reports, the economists said at a monthly round-table in Abuja on the Nigerian economy, that while the country had enough resources to support the diversification strategy […]

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LAMATA, Japan to build $1bn Lagos urban rail

The Lagos State Government says it will partner the private sector, speficically Japan International Cooperation Agency, to construct a $1bn urban rail line. The state Commissioner for Transportation, Dr. Dayo Mobereola, said this during a seminar by the Lagos Metropolitan Area Transport Authority in conjunction with the Japanese firm in Lagos. According to LAMATA, a […]

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Franca do të bashkëpunojë me Kosovën në ekonomi.

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