City BusinessNews, Author at City Business News

November 5, 2024 No Responses

Lagos Impounds 70 Vehicles As Taskforce Intensifies Traffic Law Compliance

The Lagos State Environmental and Special Offences Enforcement Unit (Taskforce), on Monday confiscated 70 vehicles for flagrant violation of the Lagos State traffic law as amended. The vehicles were impounded during enforcement exercise carried out by operatives of the agency...

November 5, 2024 No Responses

Nigeria To Reverse $1b Annual Loss To Vehicle Parts Importation

The Federal Government through the National Automotive Design and Development Council (NADDC) has pledged to reverse over $1 billion annually loss to imported vehicle components. NADDC Director-General, Joseph Osanipin stated this on Monday during the Mi...

November 4, 2024 No Responses

NDLEA Seizes N4.5b Cocaine At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has curtailed efforts by members of an international drug syndicate operating between Brazil, Ethiopia and Nigeria to smuggle into Nigeria 845 wraps of cocaine weighing 18.72 kilogrammes through Murtala Muhammed...

November 4, 2024 No Responses

APC Sweeps All Chairmanship Positions In Nasarawa, Cross River

The All Progressives Congress (APC) has won all the chairmanship positions in the local government elections conducted in Nasarawa State and Cross River State on Saturday. In Nasarawa, the ruling party was declared the winner of the chairmanship poll in...

November 3, 2024 No Responses

FG Releases Funds For Payment Of NASU, Federal Retirees

The Federal Government has released funds for payment of withheld salaries of the Non-Academic Staff Union of Federal Universities (NASU). The Office of the Accountant General of the Federation (OAGF) made this known in a statement in Abuja. According to...

November 3, 2024 No Responses

CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres

The Federal Government through the Presidential Compressed Natural Gas Initiative (PCNGI) and the National Automotive Design and Development Council (NADDC), at the weekend advised Nigerians to patronise only accredited centres for the conversion of their...

November 2, 2024 No Responses

At Lagos Trade Fair, Sanwo-Olu Harps On Renewable Energy, Green Business Practices

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has reaffirmed the commitment of the state government to promoting green business practices and renewable energy. City Business News reports that Governor Sanwo-Olu stated this on Friday at the opening cerem...

November 2, 2024 No Responses

Photo News

The Nigerian Shippers Council (NSC), on thursday, celebrated the retirement of Chief Cajetan Chukwuemeka Agu, former Director of Consumer Affairs. City Business News reports that colleagues gathered at the Council’s headquarters in Lagos to honour ...

November 2, 2024 No Responses

Court Orders Final Forfeiture Of $2m, Seven Properties Linked To Emefiele

Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Friday, November 1, 2024, ordered the final forfeiture of the sum of $2.045m, seven landed properties and the two share certificates of Queensdorf Global Fund Limited Trust...

November 2, 2024 No Responses

Tax Bill: Tinubu Rejects NEC’s Proposal

President Bola Tinubu has rejected the National Economic Council’s (NEC) proposal to withdraw the controversial tax reform bill, insisting the council follow the “legislative process.” In a statement on Friday, Tinubu’s spokesperson, Bayo Onanuga,...

November 1, 2024 No Responses

SAHCO WINS NEOSAIR GROUND HANDLING CONTRACT

Skyway Aviation Handling Company (SAHCO) Plc , a leading Ground Handling service provider in Nigeria, has announced its new partnership with NeosAir starting from October 30th, 2024 that would be flying from Milan Malpensa Airport in Italy to Murtala Muhammed....

November 1, 2024 No Responses

Carloha To Light Up Lagos Trade Fair With Chery Vehicles, Discounts, After-Sales Benefits, Others

Sole representative of Chery vehicles in Nigeria, Carloha, has concluded plans to display wide range of Chery Vehicles at the 2024 Lagos International Trade Fair, scheduled to take place at the Tafawa Balewa Square (TBS) from November 1 to November...

October 31, 2024 No Responses

TotalEnergies Announces First Oil From Mero Field

TotalEnergies has announced first oil from the third development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August...

October 31, 2024 No Responses

Nigeria Invests $618m In iDICE Project

The Nigerian Government has announced an investment of $618 million in the Investment in Digital and Creative Enterprises (iDICE) project to strengthen Nigeria’s creative industry including the carnival sector. This was announced by Vice-President Kashim She...