City BusinessNews, Author at City Business News

February 3, 2022 No Responses

FEC Approves $183.7m For Railway Consultants

The Federal Executive Council (FEC) has approved $183.7 million for consultancy services for supervision of three railway projects in Nigeria. Addressing Journalists on the outcome of the Federal Executive Council (FEC) meeting on Wednesday, the Minister of Transportation, Rotimi Amaechi,...

February 3, 2022 No Responses

Hyundai Delivers 44,022 Units In January

Hyundai Motor India Ltd (HMIL), on Wednesday, reported a decline of 15.35% in its domestic sales to 44,022 units in January 2022. The company had sold 52,005 units in January 2021. Hyundai Motor India exported 9,405 units in January 2022, ...

February 3, 2022 No Responses

Fidelity Bank Finances Ultra-Modern Rice Milling Factory

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe and a host of dignitaries including two state governors to commission a 400 metric tons per...

February 2, 2022 No Responses

Emefiele Tasks Rice Millers On FOREX, Employment

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged rice mills in the country to embrace CBN’s backward integration initiatives aimed at conserving foreign exchange reserves. Information obtained from CBN’s website indic...

February 2, 2022 No Responses

How To Address Corruption At Seaports Through Coordinated Cargo Examination

By Fadipe — National Coordinator, Port Standing Task Team (PSTT), Mr Moses Fadipe, on Tuesday said that a Coordinated cargo examination would address corrupt practices at the ports. Fadipe made this known while addressing agents at the TinCan Islan...

February 2, 2022 No Responses

2022:FMDQ Group Lists Priorities For Growth

FMDQ Group has listed priorities to be pursued by the company in 2022 to enhance the growth and development of the fixed income markets. Ms Kaodi Ugoji, Group Chief Operating Officer, FMDQ Group, said the top priorities were the launch...

February 2, 2022 No Responses

Report: Contraceptive Averts 28m Unsafe Abortions In One Year

Between July 2020 and July 2021, contraceptive use averted 135 million unintended pregnancies, 28 million unsafe abortions, and 140,000 maternal deaths. According to data obtained the Transition to FP2030 Measurement Report 2021, Latin Am...

February 1, 2022 No Responses

AMES-Edo Dry Port Begins Trial Export

The Atlantique Marine and Engineering Services (AMES)-Edo Inland Dry Port has concluded arrangement to commence trial exports from its domestic export warehouse this month (February). A member of the port’s Management Board, Mr Isaac Ebewele, tol...

February 1, 2022 No Responses

Ikeja Electric To Increase Supply Across Network In 2022

Ikeja Electric Plc says its 2022 targets include growth in energy which will increase supply across its network. Already, the electricity Distribution Company has outlined several projects for 2022 across its six business Units – Shomolu, Oshodi, Abule...

February 1, 2022 No Responses

Qatar Airways Cargo Unveils CO2 Emission Calculator

Qatar Airways Cargo customers can now determine their shipments’ carbon emissions via an online emission calculator, as the airline works on developing a fully integrated carbon offsetting solution. Environmental sustainability and decarbonisatio...

February 1, 2022 No Responses

Aregbesola Tasks Engineers On Alternative Energy As Afolabi Inaugurate Tower

The Minister of Interior, Mr Rauf Aregbesola, on Monday in Lagos challenged the nation’s engineers to come up with innovations on alternative sources of energy to reduce the nation’s dependence on petrol. Aregbesola made the call at the 29th Founders’...

February 1, 2022 No Responses

Photo News

L-R: DIRECTOR OF GENDER, AREWA YOUTH CONGRESS, AMINA ABDULAHI, AND THE PRESIDENT OF AREWA YOUTH CONGRESS, RILWAN MUSA DAURA, PRESENTING AREWA EXCELLENCE AWARD AND DECORATION, AS THE “HASKEN MATTASAN AREWA” TO THE GED, STRATEGY, CAPITAL PROJECTS AND PORTFOL...

February 1, 2022 No Responses

NASS Canvasses Stronger Capital Market Regulation

The Chairman, House Committee on Capital Markets and institutions, Hon. Babangida Ibrahim, has called for strengthening of the regulatory framework of the capital market to attract more investments. Ibrahim made the remarks during a stakeholders meeting ...

January 31, 2022 No Responses

E-invoicing: Manufacturers Seek 90 Days Extension

The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to extend the implementation of the E-invoice and E-evaluator initiatives by 90 days to accommodate inputs of the stakeholders. Mr Segun Ajayi-Kadir, Director...