City BusinessNews, Author at City Business News

July 21, 2024 No Responses

Edo 2024: Obaseki Meets PDP Leaders, Confident Of Victory In Guber Poll

The Edo State Governor, Mr. Godwin Obaseki, at the weekend, met with leaders of the Peoples Democratic Party (PDP) from each ward across the 18 local government areas of the State to strategize ahead of the governorship election taking place...

July 19, 2024 No Responses

NADDC Boss Renews Clamour For More Collaborative Engagements

To enhance the growth of the local automotive industry, the National Automotive Design and Development Council, NADDC, is to strengthen its collaboration with key Stakeholders’ to develop robust policies to boost local production and attract Foreign Dire...

July 19, 2024 No Responses

Carloha Nigeria, ILOTBET Reward EURO 2024 Championship Promo Winner With Tiggo 2 Pro

A passionate football fan, Mr. Samuel Nneke, has emerged the winner of the star prize of brand-new Chery Tiggo 2 Pro in the just concluded EURO 2024 Championship promo.The star prize was handed over to Mr Nneke on Thursday in...

July 19, 2024 No Responses

WITH GIANTS CAMPAIGN, FIRSTBANK IS TRULY WOVEN INTO THE FABRIC OF SOCIETY

The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and...

July 19, 2024 No Responses

Firm Secures $2.67b Contract For 12 Containerships

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has been awarded a contract to construct twelve containerships for an undisclosed shipowner. The order is split between HD KSOE’s two subsidiaries, HD Hyundai He...

July 19, 2024 No Responses

CBN Approves $20,000 For Each BDC Operator

The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at 1,450 naira to a dollar. The apex bank said the sum of $20,000 is to be sold to...

July 19, 2024 No Responses

Minimum Wage: Why Labour Accepted ₦70,000, By NLC, TUC

The Organised Labour agreed to ₦70,000 as the new minimum wage for Nigerian workers because the wage reviews in the country will no longer be every five years but once in three years, the President of the Nigeria Labour Congress...

July 19, 2024 No Responses

Ecobank To Host SMEs On Solar Energy As Alternative Power Source

Ecobank Nigeria is set for its SME Conference on the use of Solar Energy as an alternative source of power for businesses in Nigeria. The monthly virtual conference is part of the Bank’s MySME Growth Series designed to empower SMEs...

July 18, 2024 No Responses

NLNG Reacts To Reports On Tax Appeal Tribunal’s Ruling

The Nigeria Liquefied Natural Gas (NLNG) has refuted reports alleging that Tax Appeal Tribunal ordered NLNG to pay $27.5 million to the Federal Inland Revenue Service (FIRS) as a revised Company Income Tax (CIT) settlement for 2016.Reacting to the reports,...

July 18, 2024 No Responses

TotalEnergies Divests Interest In SPDC JV, Retains Gas Supply To NLNG

TotalEnergies EP Nigeria has signed a sale and purchase agreement (SPA) with Chappal Energies for the sale of its 10% interest in the SPDC JV licenses in Nigeria. SPDC JV is an unincorporated joint venture between Nigerian National Petroleum Corporation...

July 18, 2024 No Responses

NIMC, Online Publishers Roundtable: Implications and Future Directions

By Walter Duru, Ph.D — The digital age has reshaped how we consume and disseminate information, with online media playing a crucial role in shaping public perception and opinion. Recognizing this, the National Identity Management Commission (NIMC), with ...

July 17, 2024 No Responses

Edo Appeals Judgment On Deputy Governor

The Edo State Government has said the incumbent Deputy Governor of the State, Omobayo Marvellous Godwins remains and continues to serve as the valid deputy Governor of the State pending the hearing of the appeal of the judgement that faulted...

July 17, 2024 No Responses

Edo: Court Reinstates Shaibu As Deputy Governor

Justice James Omotosho of the Federal High Court in Abuja on Wednesday, voided the impeachment of Phillip Shuaibu as the Deputy Governor of Edo State.Justice Omotosho, while delivering judgment in the suit, ordered that Shaibu be reinstated to office because.....

July 17, 2024 No Responses

FG, States, LGs Share N1.354tri

THE Federation Accounts Allocation Committee (FAAC) has shared N1.354 trillion June revenue among the Federal Government, states and Local Government Councils (LGCs).The revenue was shared at the July meeting of FAAC, held in Abuja and chaired by the Minister ...