Author: City BusinessNews

NDDC Budgets N1.9trillion For 2024
June 11, 2024 No Responses

NDDC Budgets N1.9trillion For 2024

The Niger Delta Development Commission, NDDC, has presented its budget proposals of N1.911 Trillion for 2024 to the Senate Committee on the NDDC at the National Assembly. Presenting the proposals to the Senate Committee, chaired by Senator Asuquo Ekpeyong, the NDDC...
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Access Bank Completes Acquisition Of BancABC Tanzania
June 11, 2024 No Responses

Access Bank Completes Acquisition Of BancABC Tanzania

Access Bank Plc has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (BancABC Tanzania), in line with its strategic expansion goals. With the successful acquisition of BancABC Tanzania by the Ba...
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FG, States, LGs Share N1.1trillion May Revenue
June 11, 2024 No Responses

FG, States, LGs Share N1.1trillion May Revenue

The Federal Government, States and Local Government Councils in the country have shared N1,143.210 trillion May 2024 Federation Accounts Revenue. The Federation Accounts Allocation Committee (FAAC) disclosed this in a communiqué issued at the end of its lates...
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EFCC Secures Final Forfeiture of 20 Properties, 10 Vehicles, Others For Arthur Eze
June 10, 2024 No Responses

EFCC Secures Final Forfeiture of 20 Properties, 10 Vehicles, Others For Arthur Eze

The Economic and Financial Crimes Commission, EFCC has through the Court of Appeal, Abuja recovered 20 properties, 10 vehicles and three princely wristwatches from two brothers, Olisaebuka Eze and Onyeka Nnadozie Eze for a petitioner, Arthur Eze. In a final...
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NADDC, Weststar, Carloha, Toyota, Lanre Shittu Motors, Others Back Auto Summit
June 10, 2024 No Responses

NADDC, Weststar, Carloha, Toyota, Lanre Shittu Motors, Others Back Auto Summit

As the countdown begins in earnest for the maiden edition of the Nigeria Auto Industry Summit (NAISU) scheduled to hold at Radisson Lagos, GRA Ikeja, on June 27, 2024, major stakeholders in the automotive sector have expressed support for the...
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NDLEA Intercepts 176,000 Codeine Shipment From India
June 10, 2024 No Responses

NDLEA Intercepts 176,000 Codeine Shipment From India

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted another consignment of 175,000 bottles of opioid imported from India. The is coming barely a week after seizing a shipment of codeine-based syrup at the Port Harcourt Ports co...
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Photo News
June 10, 2024 No Responses

Photo News

L-R: Director, Presco Plc, Mr Osa Osunde; Director, Presco Plc,  Amb Nonye Udo;  Director, Presco Plc, Chief Bassey Edem; Managing Director/Chief Executive Officer, Presco Plc, Mr Felix Nwabuko;   Chairman, Presco Plc, Mr Olakanmi Rasheed S...
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Okomu Clash: Obaseki Visits Wounded Soldiers, Vows To Apprehend Perpetrators
June 10, 2024 No Responses

Okomu Clash: Obaseki Visits Wounded Soldiers, Vows To Apprehend Perpetrators

The Edo State Governor, Mr. Godwin Obaseki has visited soldiers wounded during an attack by assailants in Okomu Community. The governor, who expressed his displeasure over the incident, vowed that the State Government will fish out individuals and groups behin...
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NIMASA DG Mourns Ferdinand Agu
June 9, 2024 No Responses

NIMASA DG Mourns Ferdinand Agu

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has described the death of Architect Ferdinand Agu, former Director General of the defunct National Maritime Authority (NMA), as a rude shock.Reacting ...
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Green Marine Certifies First Terminal
June 9, 2024 No Responses

Green Marine Certifies First Terminal

Canadian terminal operator, LOGISTEC, has revealed that its Deception Bay terminal, located in the Arctic region, is now officially certified as part of the Green Marine Environmental Program — the first terminal to be certified in the Far North. With...
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Oyetola To Visit NIWA, Inaugurate Projects
June 9, 2024 No Responses

Oyetola To Visit NIWA, Inaugurate Projects

The Minister of Marine and Blue Economy, Adegboyega Oyetola, will on Tuesday, June 11, embark on a one-day working visit to the National Inland Waterways Authority (NIWA) headquarters, in Lokoja, Kogi State. This was disclosed in a statement by the...
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NDDC Secures 100 Hectares For Agric Project In Akwa Ibom
June 9, 2024 No Responses

NDDC Secures 100 Hectares For Agric Project In Akwa Ibom

The agricultural component of the Holistic Opportunities for Programme and Engagement, Project HOPE, of the Niger Delta Development Commission, NDDC, has secured over 100 hectares from Itak Ikot Udo community in Ikot Ekpene Local Government Area of Akwa Ibom S...
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LSM CEO, Taiwo Shittu Unfolds Agenda For CNG Buses, Lauds Tinubu’s Initiative
June 8, 2024 No Responses

LSM CEO, Taiwo Shittu Unfolds Agenda For CNG Buses, Lauds Tinubu’s Initiative

Managing Director and Chief Executive Officer, Lanre Shittu Motors(LSM)Ltd, Taiwo Shittu has commended President Bola Ahmed Tinubu for the ongoing reforms in Nigeria’s automotive sector and mass transportation initiatives in the country through CNG buses...
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Court Grants Final Forfeiture of University, Hotel, Factory
June 8, 2024 No Responses

Court Grants Final Forfeiture of University, Hotel, Factory

Justice Joyce Abdulmalik of the Federal High Court sitting in Abuja, on Friday, June 7, 202 ordered the final forfeiture of every asset of NOK University, Gwasmyen Water Factory, Gwasmyen Event Center and Gwasmyen International Hotel in Kaduna State.The Econom...
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