Business - HenrisCounty

Nigeria’s Economy: FG, States, LGCs share ₦1.659 trillion from a gross total of ₦2.942 trillion for the month of May 2025

The Federal and State Governments, and Local Government Councils have shared ₦1.659 trillion from a gross total of ₦2.942 trillion for the month of May 2025, the Ministry of Finance…

HenrisCounty June 19, 2025Federal Government, Finance, Minister, Wale EdunNo Comments

Business

Nigeria’s Economy: Edun, Cardoso meet to deepen fiscal-monetary policy alignment

Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, met to deepen fiscal–monetary policy alignment.…

HenrisCounty June 18, 2025CBN, Economy, Finance, Wale EdunNo Comments

Business

CBN affirms strength of banking sector, issues routine transitional guidance for select institutions

The Central Bank of Nigeria (CBN) affirmed via a Press Release, the strength of the Banking Sector, as well as, issued routine transitional guidance for select institutions. According to the…

HenrisCounty June 18, 2025Banks, CBN, Central Bank of Nigeria, NigeriaNo Comments

Business

Dangote Petroleum Refinery to begin distribution of PMS and diesel nationwide

The Dangote Petroleum Refinery has announced, it will start distributing Premium Motor Spirit (PMS) and Diesel nationwide to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across…

HenrisCounty June 16, 2025CNG, Dangote, Nigeria, PMS, RefineryNo Comments

Business

Air Peace reaffirms zero tolerance to v*olence after ‘unruly conduct’ by prominent Nigerian politician

Nigerian Airline, Airpeace, has come out to express its disgust at "unruly conduct" by a prominent Nigerian politician at Lagos airport. Airpeace made this known via a press statement signed…

HenrisCounty June 11, 2025Airport, Aviation, Lagos, PoliticianNo Comments

Business

WAES 2025: Nigeria to host leaders, investors in Economic Summit in Abuja

President Asiwaju Bola Ahmed Tinubu has announced, Nigeria will host leaders, investors and innovators from sixteen (16) different countries at the West Africa Economic Summit (WAES 2025) in Abuja, the…

HenrisCounty June 11, 2025Abuja, Dangote, Lagos, Nigeria, President Tinubu, Sallah, WAES 2025No Comments

Business

Nigeria’s Economy: ‘Peter Obi agreed with our policy of removal of subsidy and unifications of the foreign exchange’ – Bwala

Special Adviser to President Tinubu on Policy Communication, Daniel Bwala, said, 2023 Presidential candidate of the Labour Party (LP), Peter Obi, "agreed" with the Tinubu-led administration's policy of subsidy removal…

HenrisCounty June 9, 2025Anambra State, Bwala, Labour Party, Nigeria, Peter Obi, power, President TinubuNo Comments

Business

Botswana: Diamond production paused due to low global demand

Botswana's main diamond company has suspended production at some of its mines, saying, it is as a result of prolonged fall in global demand. The Southern Africa country is the…

HenrisCounty June 7, 2025Botswana, Diamond, Market, WorldNo Comments

Business

Akwa Ibom State: Governor Eno commissions ‘revamped and rebranded’ Ibom Paint

Executive Governor of Akwa Ibom State, Umo Eno, announced, he has commissioned the "revamped and rebranded" Ibom Paint which is situated at Etinan Local Government Area. The Governor said, he…

HenrisCounty June 7, 2025Akwa Ibom State, Governor, Umo EnoNo Comments

Business

United States: ‘Debt Limit should be entirely scrapped to prevent an Economic catastrophe’ – President Trump

President Donald Trump has called for the entire scrapping of "Debt Limit" to ensure the economy does not plunge into "catastrophe". The US President said, "the Debt Limit should be…

HenrisCounty June 5, 2025President, Treasury, Trump, United States, USNo Comments

Business

Trump Tariffs: ‘I like President Xi of China but he is very tough to make deal with’ – President Trump

United States (US) President Donald Trump has said President of China, Xi Jinping, is tough and “extremely hard to make a deal with”. This is coming some days after the…

HenrisCounty June 4, 2025China, Commerce, Deal, Donald Trump, Tariffs, Trade, United States, US, Xi JinpingNo Comments

Business

Nigeria’s Economy: Nigeria ‘actively’ pursuing ‘massive’ $25 billion undersea gas pipeline project to supply gas to Europe

Vice President, Kashim Shettima, disclosed, "Nigeria is actively pursuing a massive $25 billion undersea gas pipeline project to supply gas to Europe." President Asiwaju Bola Ahmed Tinubu's "bold" economic reforms…

HenrisCounty June 3, 2025Economy, Gas, Kashim Shettima, Vice PresidentNo Comments

Business

‘CNG is thriving. Over $500 million in investments and over 10,000 direct jobs’ – Presidency

The Presidency said, "CNG is thriving and investments are expanding." President Tinubu's CNG plan is "being matched with speed of implementation of the PCNGI." The Presidency through Sunday Dare, Special…

HenrisCounty June 3, 2025CNG, Nigeria, Nigerian National Petroleum Company, NNPCL, Presidency, President Tinubu, UniversitiesNo Comments

Business

Nigeria’s Economy: Moody’s upgrade of Nigeria’s credit rating from Caa1 to B3, a positive signal to investors – President Tinubu

President Asiwaju Bola Ahmed Tinubu has received Moody's Investors Service's latest upgrade of Nigeria's long-term foreign-currency issuer rating from Caa1 to B3, with a Stable Outlook. The President said, Mood's…

HenrisCounty June 2, 2025Bayo Onanuga, Central Bank of Nigeria, Credit, Economy, President TinubuNo Comments

Business

Nigeria’s Economy: ‘We are building a pragmatic, forward-looking and people-centric Central Bank’ – Cardoso

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said, he has advanced several critical priorities which reflect a "pragmatic, forward-looking and people-centric" Central Bank that he is building.…

HenrisCounty June 2, 2025Akwa Ibom State, OlayemiNo Comments

Business

Trump Tariffs: ‘Canada remains resolute in defending our workers’ – LeBlanc reacts after Trump doubled tariffs on steel and aluminium

Canada, through Minister for Canada-US Trade, Dominic LeBlanc, has responded to US President, Donald Trump's "doubling of tariffs on steel and aluminum." LeBlanc said, "In the face of economic threats…

HenrisCounty May 31, 2025Canada, Donald Trump, Minister, Prime Minister, United States, USNo Comments

Business

Trump Tariffs: President Trump raises tariff on steel and aluminium from 25% to 50%

President of the United States (US) announced with "great honour" that his administration has raised tariffs on steel and aluminium from 25% to 50%. The US President said, the new…

HenrisCounty May 31, 2025Aluminum, America, Steel, United States, USNo Comments

Business

Bayelsa State: Governor Diri signs MoU with Dangote ‘for rewarding economic partnership in different business areas’

Governor of Bayelsa State, Duoye Diri, announced he received "Africa's Richest man", Founder and President/Chief Executive of Dangote Group, Alhaji Aliko Dangote, GCON, for a business visit that will benefit…

HenrisCounty May 31, 2025Agriculture, Aliko Dangote, Bayelsa State, Dangote Group, Duoye Diri, Investment, Oil and Gas, power, South-South, SportsNo Comments

Business

President Tinubu congratulates Mauritanian President on the election of Sidi Ould Tah as AfDB President

Nigeria's President, Asiwaju Bola Ahmed Tinubu, has sent his congratulations to President of Mauritania, Mohamed Ould Cheikh El Ghazouani, following the election of Sidi Ould Tah as President of the…

HenrisCounty May 30, 2025Africa, African Development Bank Group, Akinwumi Adesina, Bayo Onanuga, Mauritania, Nigeria, President Tinubu, Sidi Ould Tah, Special AdviserNo Comments

Business

Atiku extends ‘warmest congratulations’ to Sidi Ould Tah on ‘resounding election’ as AfDB President

2023 Presidential candidate of the People's Democratic Party (PDP) has extended his "warmest congratulations" to Mauritania's Sidi Ould Tah following his "resounding election" as President of the African Development Bank…

HenrisCounty May 30, 2025Sidi Ould TahNo Comments