City BusinessNews, Author at City Business News

September 23, 2021 No Responses

CAC Registers 245,000 SMEs Free Of Charge

The Corporate Affairs Commission (CAC) has registered more than 245,000 Small and Medium Enterprises businesses free of charge. The Registrar-General, Alhaji Garba Abubakar, told the News Agency of Nigeria (NAN) in Abuja on Wednesday that it did this with the approval of the Federal Government. ...

September 23, 2021 No Responses

Nigeria Sets in Motion Actions for Ballast Water Management

Nigeria is taking proactive steps to address its exposure to the threat of ballast water because of the high tanker traffic in its waters, Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has said. Jamoh, sta...

September 23, 2021 No Responses

NPA Explains Fire Outbreak At Headquarters In Lagos

The Nigerian Ports Authority (NPA) on Wednesday, said there was fire incident at a wing of its headquarters in Lagos. General Manager, Corporate and Strategic Communications, Mr Olaseni Alakija, in a statement explained that the fire incident ...

September 23, 2021 No Responses

Cryptocurrencies In Circulation Exceed 5,000 In 12 Months

The cryptocurrency sector is still growing, attracting more investors aiming to leverage various benefits of the industry. Additionally, the number of new cryptocurrencies joining the market is also accelerating as creators seek to leverage t...

September 23, 2021 No Responses

FG To Promote Digital Economy

The Federal Government has said that it would facilitate the promotion of industrial digital economy, sustainable and inclusive economic development in Nigeria and Africa. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, said this at ...

September 23, 2021 No Responses

Osinbajo, Gbajabiamila, Sanwo-Olu, Ex-Govs Honour Awo In Lagos

Vice-President, Yemi Osinbajo led other prominent Nigerians, including the Speaker, House of Representatives, Honourable Femi Gbajabiamila; Lagos State governor, Mr Babajide Sanwo-Olu; former governors of Ogun State, Chief Olusegun Osoba and Chief Gbenga Dani...

September 23, 2021 No Responses

Reps Task NCC, CBN On ATM, Web fraud

The House of Representatives has challenged the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) to ensure all monies lost as a result of Card/ ATM and web-based fraud are refunded to the affected victims. The...

September 23, 2021 No Responses

Russian Firms Indicate Interest In Nigeria

The President of the Russian Chamber of Commerce, Mr Sergey Katyrin, has said that Russian companies and businesses were ready to partner and invest in Nigeria. This was contained in a statement signed by the Nigerian Embassy in Moscow, Russia,...

September 23, 2021 No Responses

NSC Photo News

The Nigerian Shippers Council (NSC) has donated dialysis machines with chair, hospital beds & nettings among others, to General Hospital, Marina Lagos. Dr Ismail Ganikale (Left), Medical Director/CEO, General Hospital, Lagos welcoming Hon. Emma...

September 23, 2021 No Responses

West Ham Knock Out Man Utd

West Ham gained revenge for Sunday’s Premier League defeat against Manchester United by knocking their hosts out of the Carabao Cup at Old Trafford. Manuel Lanzini’s ninth-minute effort, his first goal in almost 12 months and only his second since....

September 22, 2021 No Responses

Nigeria In Talks With OPEC+, To Raise Quota

Nigeria is in talks with OPEC+ to raise its oil production quota to about 2.2 million barrels per day, the OPEC member’s petroleum minister told reporters on Tuesday in Dubai.“What we’re getting right now is 1.74 million barrel...

September 22, 2021 No Responses

NLNG Explains Cooking Gas Shortage

The Nigeria LNG Limited (NLNG) on Tuesday said marketers were unable to offtake the full 450,000MTPA of Liquefied Petroleum Gas (LPG) allocated to the Nigerian market by the company due to various factors. The News Agency of Nigeria (NAN) reports...

September 22, 2021 No Responses

Ecobank Nigeria MD Makes Case For Eurobond Market

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has described Federal Government’s plan for a Eurobond issuance in the International Capital Market (ICM) as a step in the right direction, stressing that the fundamentals and potentials of...

September 22, 2021 No Responses

Shippers’ Council Boss Implore Stakeholders On Port Reforms

The Nigerian Shippers’ Council (NSC) on Tuesday urged maritime stakeholders to embrace the many reforms put in place by the council to help bring sanity to the port system. Mr Emmanuel Jime, NSC Executive Secretary, made the appeal at the...