City BusinessNews, Author at City Business News

July 10, 2024 No Responses

At Maritime Seminar For Judges, SGF, Oyetola, Others Harp On Critical Role Of Judiciary

As part of measures to boost activities in the maritime sector, Secretary to the Government of the Federation (SGF), Senator George Akume has canvassed a strong and independent judiciary, “where court decisions are transparent, fair, timely”.In his address at the...

July 10, 2024 No Responses

Tinubu Creates Ministry Of Livestock Development

President Bola Tinubu has announced the creation of the Federal Ministry of Livestock Development. Tinubu approved the creation of the ministry on Tuesday when he inaugurated the Presidential Committee on Livestock Reforms at the Council Chamber of the S...

July 10, 2024 No Responses

Traffic Management: Lagos Unveils 24-hr Service Centre

As part of measure to enhance the operations of the Lagos State Traffic Management Authority (LASTMA), the Lagos State Government has launched a 24-hour Customer Service Centre, equipped with dedicated Toll-Free Hotlines, a Walk-In Complaint Centre, a Website,...

July 10, 2024 No Responses

NIMASA: Court Orders Final Forfeiture Of $16,500, ₦127m

The Federal High Court in Lagos has ordered the final forfeiture of $16,500 and another ₦127m fraudulently diverted from the Nigerian Maritime Administration and Safety Agency (NIMASA). The monies are to be forfeited to the Federal Government of Nigeria...

July 9, 2024 No Responses

Lagos Insists On Propper Documentation For Housing Transactions

In a bid to eradicate fraud in the transfer of Homeownership and protect the interest of allottees in case of loss of Homeownership documents, the Permanent Secretary, Ministry of Housing, Engr. Abdulhafis Toriola has advised members of the public that...

July 9, 2024 No Responses

Edo Extends Free Bus Service To November

The Edo State Governor, Mr. Godwin Obaseki, has approved the extension of the free bus scheme implemented by the state government for another five months. With the extension, the scheme will run until November 11, 2024. The free transport scheme...

July 8, 2024 No Responses

Access Holdings Secures Approval For N351b Rights Issue

Access Holdings Plc has received approval from the Securities and Exchange Commission (SEC) for the commencement of its N351 billion Rights Issue. A statement issued on Sunday explained that the approval marks a significant milestone in the Group’s previousl...

July 8, 2024 No Responses

LASTMA Impounds 9,370 Vehicles, Records 256 Casualties In Six Months

Between January and June 2024, the Lagos State Traffic Management Authority (LASTMA) impounded 9,370 vehicles for alleged traffic violations. The General Manager of LASTMA, Mr. Olalekan Bakare-Oki revealed this at the weekend during a meeting with relevant sta...

July 8, 2024 No Responses

NDLEA Arrests Couple, Recovers N2.1b Drug In Lagos

The National Drug Law Enforcement Agency (NDLEA) has raided the Lagos base of a high-profile cocaine syndicate where large consignments of the class A drug meant for export and local distribution were recovered. According to the NDLEA, the syndicate is...

July 7, 2024 No Responses

Lagos Clampdown On Illegal Motor Parks, Impounds 84 Vehicles

The Lagos State Taskforce has carried out an enforcement exercise at Adeniji-Adele and adjoining routes to rid the axis of traffic gridlock and criminal activities caused by illegal operators of bus parks and bus stops along the axis. The Chairman...

July 7, 2024 No Responses

Edun: ECOWAS Single Currency Will Boost W’African Economy

Nigeria is committed to the implementation of a single currency for the Economic Community of West African States (ECOWAS), Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. The minister said the single-currency ECO would foste...

July 6, 2024 No Responses

Excitement As Chery Showroom Debuts At Ikeja City Mall

It was another day of celebration as Carloha Nigeria, the sole importer and franchise holder of Chery unveiled the Chery ultra-modern and smart showroom inside Ikeja City Mall in Lagos.At the colourful event were customers, partners and stakeholders in the...

July 6, 2024 No Responses

FG To Investors: Unlock Potential In Nigeria’s Non-Oil Sector

Citing attractive investment returns in Nigeria, Vice President Kashim Shettima has called for a significant shift from dependence on oil to other critical sectors The Vice President identified agriculture, manufacturing, renewable energy and digital inn...

July 6, 2024 No Responses

Suspected Armed Rubbers Shoot FRSC Personnel

Gunmen suspected to be armed robbers on Friday attacked personnel of the Federal Road Safety Corps (FRSC), simply identified as Abu, who was coming from a bank and heading towards his house at Zango in Lokoja, Kogi State. Abu was disposed...