City BusinessNews, Author at City Business News

July 3, 2024 No Responses

Bill To Repeal NIMC Act Passes Second Reading

A bill to repeal the National Identity Management Commission (NIMC) Act 2007 has passed the second reading in the Senate. The bill provides for the establishment of a National Identity Database, and the NIMC is charged with the responsibilities for...

July 2, 2024 No Responses

NNPC Declares State Of Emergency On Crude Oil Production

In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this...

July 2, 2024 No Responses

Cardoso: Non-Bank Transactions Threaten Financial Stability In West Africa

The rising transaction volumes by non-banks threaten financial stability in West Africa, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said. He stated this on Monday at the 10th meeting of the College of Supervisors for...

July 2, 2024 No Responses

NDDC To Develop New Strategies For Niger Delta Development

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has assured that the Niger Delta Stakeholders Summit, coming up on July 10-13, 2024, will develop strategies for economic growth and development of the Niger Delta Region....

July 2, 2024 No Responses

Customs Impounds N4b Arms Shipment

The Nigeria Customs Service has intercepted a shipment of assorted arms and ammunition originating from Turkey and estimated to be worth about ₦4bn. The Controller General of Customs, Bashir Adeniyi, on Monday, revealed that the 40-feet container with regist...

July 2, 2024 No Responses

Foundation Marks Obaseki’s 67 Birthday

The management and staff of Roseluyi Exceptional Students Academy (RESA) have held a party in honour of the 67th birthday of Edo State Governor, Mr. Godwin Obaseki. Addressing journalists in Benin City, the Founder/Visioner of Roseluyi Exceptional Students Aca...

July 1, 2024 No Responses

PwC Nigeria Announces Three New Partners

PwC Nigeria has announced the admission of three new partners effective, 1 July 2024.They include Marilyn Obaisa-Osula (Consulting & Risk Services), Taiwo Oyaniran (Assurance), and Tim Siloma (Tax & Regulatory Services).This announcement is part of PwC...

July 1, 2024 No Responses

Carloha Nigeria Unveils Chery Showroom At Ikeja City Mall

All is now set for the opening of Chery Showroom at Ikeja City Mall courtesy Carloha Nigeria.According to Carloha Nigeria, this landmark event scheduled for Thursday, July 4, 2024 promises to be a spectacular celebration of innovation, style, and automotive...

July 1, 2024 No Responses

NDLEA Arrests 60 Suspects In Abuja

The National Drug Law Enforcement Agency (NDLEA) on Sunday arrested Sixty suspects comprising 25 males and 35 females at a drug party in Abuja. The suspects were nabbed in the nation’s capital on Friday night following credible intelligence about the...

July 1, 2024 No Responses

Ecobank Nigeria Unveils Promo, To Reward 500 Customers

Ecobank Nigeria, a subsidiary of the Ecobank Group, has unveiled a deposit mobilisation campaign ‘Ecobank Super Rewards ‘Millionaire Geng Promo’ targeted at rewarding customers’ loyalty. The six-month campaign, which is set to run between J...

June 30, 2024 No Responses

Adeleke Unveils Implementation Committee On Food Security

Governor Ademola Adeleke has opened up on the plans of his administration for the agricultural sector in the state, assuring stakeholders that farm inputs, tractorization and issue of food security are being addressed by his government. Speaking after a meetin...

June 30, 2024 No Responses

Firm Receives New LPG Carrier

Japanese shipping major NYK, compatriot liquefied petroleum gas (LPG) trader and importer Astomos Energy Corporation have held a delivery and naming ceremony for a new LPG dual-fuel LPG/ammonia carrier. The gas carrier has a length of 229 meters, a breadth...

June 30, 2024 No Responses

Photo News

CNG Powered Innoson Pick-Up on Display at the just concluded Nigeria Auto Industry Summit (NAISU) organised by Nigeria Auto Journalists Association (NAJA) in collaboration with National Automotive Design and Development Council (NADDC).

June 29, 2024 No Responses

Photo News

CNG Powered Kia Rio on Display at the just concluded Nigeria Auto Industry Summit (NAISU) organised by Nigeria Auto Journalists Association (NAJA) in collaboration with National Automotive Design and Development Council (NADDC).