Author: City BusinessNews

Nigeria’s Inflation Hits 33.69 Per Cent
May 16, 2024 No Responses

Nigeria’s Inflation Hits 33.69 Per Cent

Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Wednesday. “In April 2024,...
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Obaseki To Broker Peace Between Palace, Enigie
May 16, 2024 No Responses

Obaseki To Broker Peace Between Palace, Enigie

The Edo State Governor, Mr. Godwin Obaseki, has initiated a peace-building process to resolve the issue between His Royal Majesty, Omo N’Oba N’Edo Uku Akpolopkolo, Oba Ewuare II, the Oba of Benin, and some suspended Enigie. Speaking with journalists af...
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Customs Gets N12.5b Approval For 200 Toyota Land Cruiser
May 15, 2024 No Responses

Customs Gets N12.5b Approval For 200 Toyota Land Cruiser

The Federal Executive Council ((FEC) has approved the purchase of 200 Toyota Land Cruiser Buffalo Sports Utility Vehicles (SUV)by the Nigeria Customs Service (NCS). The vehicles will be purchased at the sum of of N12.5 billion plus an additional sum...
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Customs Board Confirms Appointment Of Five DCGs,  Eight ACGs
May 15, 2024 No Responses

Customs Board Confirms Appointment Of Five DCGs,  Eight ACGs

The Nigeria Customs Service Board (NCSB) has confirmed the appointment of five (5) Deputy Comptrollers-General (DCGs) and eight (8) Assistant Comptrollers-General (ACGs) of Customs during its 59th regular meeting.  The meeting, chaired by the Honorable Mi...
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TotalEnergies Supports Clean Cooking In Africa, India With $400m
May 15, 2024 No Responses

TotalEnergies Supports Clean Cooking In Africa, India With $400m

At the Clean Cooking Summit organized by the International Energy Agency (IEA), TotalEnergies announced its ambition of giving 100 million people in Africa and India access to clean cooking by 2030.  Under the arrangement, TotalEnergies will invest m...
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SAHCO KANO STATION RECEIVES ISAGO RE-CERTIFICATION
May 15, 2024 No Responses

SAHCO KANO STATION RECEIVES ISAGO RE-CERTIFICATION

Skyway Aviation Handling Company (SAHCO) PLC’s Kano station has been re-certified by International Air Transport Association (IATA).  The re-certification was issued to SAHCO after it passed the IATA Safety Audit for Ground Operations (ISAGO) standards ...
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Customs CG Tours Huawei HQ, Lantan Port In Shenzhen
May 14, 2024 No Responses

Customs CG Tours Huawei HQ, Lantan Port In Shenzhen

The Comptroller-General of the Nigeria Customs (CGC), Adewale Adeniyi, on Thursday, 9 May 2024, led his team to the Headquarters of Huawei, a famous information and communications technology company in Shenzhen, China, where he discussed opportunities embedded...
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Tinubu To MDAs: Procure CNG Vehicles
May 14, 2024 No Responses

Tinubu To MDAs: Procure CNG Vehicles

President Bola Tinubu has directed all government ministries, departments, and agencies to purchase compressed-natural-gas-powered vehicles.  Presidential spokesman Ajuri Ngelale said this in a Monday statement. “In line with his commitment to ensure en...
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Edo Govt Warns Against Dragging Oba Of Benin, Palace Into Politics
May 14, 2024 No Responses

Edo Govt Warns Against Dragging Oba Of Benin, Palace Into Politics

The Edo State Government has warned the All Progressive Congress (APC) and other political actors in the State against dragging the Benin Royal Palace and the revered Monarch, His Royal Majesty, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Ewuare II...
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NIMASA Unveils Reviewed Minimum Wage Document For Seafarers
May 13, 2024 No Responses

NIMASA Unveils Reviewed Minimum Wage Document For Seafarers

The Nigerian Maritime Administration and Safety Agency (NIMASA) has launched the reviewed minimum wage document for Nigerian Seafarers, developed in line with the provisions of the Maritime Labour Convention MLC 2006. The document, which is for 2023-2025, is a...
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Gunmen Attack Okomu Oil Community, Kill One, Burn Seven Vehicles, Three Houses
May 13, 2024 No Responses

Gunmen Attack Okomu Oil Community, Kill One, Burn Seven Vehicles, Three Houses

In what seems like a continuation of last week’s attack, gunmen on Monday killed one person, burnt seven vehicles, three houses, and injured several others in Marioghionba community, one of Okomu Oil Palm Company Plc’s neighbouring communities in Ovia ...
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NNPC E&P Ltd, NOSL Hit First Oil In OML 13 In Akwa Ibom
May 13, 2024 No Responses

NNPC E&P Ltd, NOSL Hit First Oil In OML 13 In Akwa Ibom

The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd....
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NCDMB Boss Visits Pipe Coating Firms, Pledges Support For Local Capacities
May 13, 2024 No Responses

NCDMB Boss Visits Pipe Coating Firms, Pledges Support For Local Capacities

The Nigerian Content Development and Monitoring Board (NCDMB) has reassured stakeholders of the industry that oil and gas service companies that have established capacities in the country will continue to enjoy patronage through the award of contracts fro...
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LASTMA Launches Call-Up Centre
May 13, 2024 No Responses

LASTMA Launches Call-Up Centre

The Lagos State Traffic Management Agency (LASTMA) is set to inaugurate a call-up centre aimed at providing timely assistance and information to road users while also enabling them to report incidents or misconduct by agency personnel on Lagos roads. Sola...
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