Author: City BusinessNews

NDLEA Bursts Drug Syndicate At Lagos Airport
October 21, 2024 No Responses

NDLEA Bursts Drug Syndicate At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has arrested two businessmen for attempting to import and export cocaine pellets and parcels of Loud, a synthetic strain of cannabis through the Lagos airport. The suspects – Okechukwu Emmanuel, Iwuagwu Ikedi Victory...
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NDDC MD: NDCCITMA Will Create Jobs, Boost Businesses
October 21, 2024 No Responses

NDDC MD: NDCCITMA Will Create Jobs, Boost Businesses

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has stated that the formation of the Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA was borne out of the need to create jobs a...
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FG Unveils Export Skills Centre In Lagos 
October 20, 2024 No Responses

FG Unveils Export Skills Centre In Lagos 

As part of measures to boost non-oil exports, the Federal Government has unveiled the Export Skills Acquisition Centre (ESAC) in Apapa, Lagos State. The Minister of Industry, Trade, and Investment, Doris Nkiruka Uzoka-Anite, announced the launch via her o...
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NCAA Reiterates Support For Ibeju-Lekki Airport
October 20, 2024 No Responses

NCAA Reiterates Support For Ibeju-Lekki Airport

The Nigeria Civil Aviation Authority (NCAA) on Saturday affirmed its support for the Lagos State Government in the proposed Ibeju-Lekki Airport. The regulatory body gave this affirmation during a joint meeting to discuss the overview and highlights of the proj...
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AfDB Unveils $100m Investment Bank For Nigerian Youths
October 19, 2024 No Responses

AfDB Unveils $100m Investment Bank For Nigerian Youths

The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria.  AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head...
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Kia Pickup Debuts With Top-Tier Features
October 19, 2024 No Responses

Kia Pickup Debuts With Top-Tier Features

Kia has unveiled the final teaser video and images of the Kia Tasman ahead of the brand’s debut entry into the pickup truck market.  City Business News report that the Kia Tasman will make its world premiere at the Jeddah International...
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FG, States, LGAs Share N1.289tri
October 18, 2024 No Responses

FG, States, LGAs Share N1.289tri

The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as...
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At NATCO 2024, Carloha Projects CNG, Displays With Arrizo 5 Conversion
October 18, 2024 No Responses

At NATCO 2024, Carloha Projects CNG, Displays With Arrizo 5 Conversion

Carloha Nigeria, sole assembler of Chery brand of vehicles in Nigeria has consolidated its grip in the sector by demonstrating the use of Compressed Natural Gas (CNG) at the just concluded Nigerian Artisans and Technicians Conference (NATCO).  City Busine...
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FG Probes Jigawa Tanker Explosion
October 17, 2024 No Responses

FG Probes Jigawa Tanker Explosion

The Federal Government, through the Ministry of Petroleum Resources, has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority to investigate the tanker explosion that claimed the lives of over 100 people in Jigawa State. In a directive...
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FG Meets Labour Leaders Over Petrol Price Hike
October 17, 2024 No Responses

FG Meets Labour Leaders Over Petrol Price Hike

The Federal Government on Wednesday met with the leadership of the Organised Labour at the office of the Secretary to the Government of the Federation, George Akume, Abuja. Minister of Information and National Orientation, Mohammed Idris, led the Federal Gover...
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CNG: FG Unveils N10b Credit Scheme For Vehicle Conversions
October 17, 2024 No Responses

CNG: FG Unveils N10b Credit Scheme For Vehicle Conversions

The Federal Government through the Ministry of Finance Incorporated (MOFI) has partnered key stakeholders to introduce the Credit Access for Light and Mobility (CALM) Fund, a N10 billion credit initiative to support Nigerians in converting their vehicles to ...
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Lagos To Pay N85,000 Minimum Wage, Explains Debt Profile
October 17, 2024 No Responses

Lagos To Pay N85,000 Minimum Wage, Explains Debt Profile

The Lagos state government is to pay N85,000 minimum wage to civil servants, higher than the Federal Government’s approved minimum wage of N70,000. Mr Babajide Sanwo-Olu, Lagos state Governor stated this in an interview on Channels Television on Wednesday ...
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NASENI Awards N70.5m Grant To Six Female Engineers
October 16, 2024 No Responses

NASENI Awards N70.5m Grant To Six Female Engineers

The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira grant to six winners of the Developing Engineering Leaders Throu...
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Access Bank Reaffirms Commitment To War Against Illicit Drug Trafficking, Money Laundering
October 16, 2024 No Responses

Access Bank Reaffirms Commitment To War Against Illicit Drug Trafficking, Money Laundering

Access Bank Plc has reinforced its dedication to the fight against illicit drug trafficking and money laundering, committing to a closer partnership with the National Drug Law Enforcement Agency (NDLEA). The bank made this commitment at the formal decoration o...
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