City BusinessNews, Author at City Business News

November 10, 2021 No Responses

Cooperative Societies Contribute N1.2tri To GDP

The more than 300,000 registered cooperative societies in the country contribute over N1.2 trillion to Nigeria’s GDP annually. The declaration was made in Abuja on Wednesday by the Cooperative Rating and Award Society of Nigeria (CRASoN). Its President, Mr Victor...

November 10, 2021 No Responses

Customs Takes Delivery Of 16 Toyota Hilux

The Federal Operational Unit of Nigeria Customs Service (NCS), Zone ‘A’, Ikeja has received sixteen (16) new Toyota Hilux to facilitate the suppression of smuggling and other Customs related Operations within the Zone. Receiving the v...

November 10, 2021 No Responses

SEC Nigeria Urges Corporates to Leverage on Islamic Capital Market

As part of its developmental role, the Securities and Exchange Commission (SEC) has reiterated its commitment to encourage corporates to leverage on the Islamic Capital Market by providing and ensuring an attractive enabling environment. Dire...

November 10, 2021 No Responses

Shippers’ Council Visits Shipping Firms, Seeks Partnership

The Nigerian Shippers ‘Council (NSC) has sought the cooperation and collaboration of shipping companies as part of measures to drive efficiency, transparency and effectiveness of port processes. A statement issued by NSC head of Public Relatio...

November 10, 2021 No Responses

Archbishop Kaigama Celebrates Most Rev. Ebosele Ekpu At 90, 50th Episcopal Anniversary

Archbishop Ignatius Kaigama of Abuja has congratulated Most Rev. Patrick Ebosele Ekpu, Archbishop Emeritus of the Catholic Archdiocese of Benin City on his 90th birthday and 50th ordination anniversary. In a message on Facebook on Wedne...

November 10, 2021 No Responses

Buhari Condoles With Pastor Odukoya Over Wife’s Death

President Muhammadu Buhari has condoled with Pastor Taiwo Odukoya of the Fountain of Life Church, over the loss of his wife, Nomthi. The president, in a condolence message by his Special Adviser on Media and Publicity, Mr Femi Adesina, on...

November 10, 2021 No Responses

Nigerian Navy Deploy Ships, Helicopters For ‘OMI MIMO’ Exercise

The Nigerian Navy (NN) has deployed six ships, two helicopters and the NN Special Boat Service (SBS) alongside two Deep Blue Project ships for OMI MIMO Sea exercise. Rear Adm. Jason Gbassa , the Flag Officer Commanding (FOC) Western Naval...

November 10, 2021 No Responses

Oil Palm Takes Centre Stage As More Investors Indicate Interest In Edo Summit

Players in the oil palm industry, as well as smallholders and large-scale oil palm plantation investors, will on Friday, November 12, 2021, converge in Benin City, Edo State during the Alaghodaro Summit, to explore opportunities in the state’s ric...

November 10, 2021 No Responses

Nigerian Breweries Invests N78b In Raw Materials

As part of measures to boost job creation, Nigerian Breweries Plc (NB) in the last five years invested not less than N78 billion in the cultivation of raw materials across the country. Speaking at an interactive session with Journalists in...

November 10, 2021 No Responses

FG Budgets N250b For Autogas Vehicle Conversion

As part of efforts to ensure that the autogas conversion of vehicles yielded the desired results, the Federal Government says it has set aside N250 billion for willing investors in autogas assembly plants in the country. The Minister of State...

November 10, 2021 No Responses

INEC Declares Soludo Winner Of Anambra Election

The Independent National Electoral Commission (INEC) has declared Prof. Chukwuma Soludo of the All Progressives Grand Alliance (APGA) the winner of November 6 governorship election in Anambra. Soludo polled a total of112,229 votes to defeat his closest r...

November 10, 2021 No Responses

Delta Partners Stallion Auto On Tricycle Plant

Delta Government and Stallion Auto Keke Limited have reached an agreement to establish tricycle manufacturing plant in the state. Dr Kingsley Emu, Chief Economic Adviser to Governor . Ifeanyi Okowa, said this at the exhibition of the new Auto Keke...

November 10, 2021 No Responses

Airtel, MTN, Others Drive NGX Growth Further By N252b

The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel Africa and 23 others. Specifically, the market capitalisation which opened at N22.569 trillion inched higher by N252 billion or ...

November 10, 2021 No Responses

FAAN Apprehends Arik Airline Staff Over Alleged Extortion:

The Federal Airports Authority of Nigeria (FAAN) has apprehended staff of Arik airline while allegedly soliciting bribe from a passenger at the general aviation terminal in Lagos. General Manager, Corporate Affairs of FAAN, Mrs Henrietta Yakubu,&nbs...