Edo Refinery Begins Production

Edo Refinery Begins Production

Edo State Government-backed Edo Modular Refinery has commenced production at its 6,000bpd plant in Ologbo, Ikpoba Okha Local Government Area.  A statement sent to City Business News on Tuesday explained that the facility with its feedstock can produce 50 per...
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Edo, Port of Antwerp, Seal Benin River Port Partnership  

Edo, Port of Antwerp, Seal Benin River Port Partnership  

The Edo State Government has concluded plans with the Port of Antwerp from Belgium as part of measures to finalize the Benin River Ports project.   This was gathered from a meeting of the Benin River Port (BRP) Project Committee with...
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Buhari Seeks Senate’s Confirmation Of Ex-I-G Arase As Chairman PSC

Buhari Seeks Senate’s Confirmation Of Ex-I-G Arase As Chairman PSC

President Muhammadu Buhari has written the Senate seeking the confirmation of the appointment of former Inspector-General (I-G) of Police Solomon Arase (retd), as Chairman, Police Service Commission (PSC).  The request is contained in a letter addressed t...
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Emefiele: Stamp Duty Revenue Is N370b  Not N89trillion   

Emefiele: Stamp Duty Revenue Is N370b  Not N89trillion   

The total revenue collected as stamp duty in six years between  2016 and 2022 is N370,686 billion, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, disclosed on Tuesday.   A House of Representatives member, Alhaji Muhammed Kazaure, ...
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Stockbrokers Project Nigeria’s Economic Growth In 2023

Stockbrokers Project Nigeria’s Economic Growth In 2023

Stockbrokers have assured the investing public that the economy has strong potential to bounce back this year.   They said this at an event organised by Chartered Institute of Stockbrokers (CIS) on “The Nigerian Economic Review of 2022 and Outlook ...
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Photo News

Photo News

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NPA Photo News

NPA Photo News

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FG, States, Local Councils Share N990.189b For Dec 2022  

FG, States, Local Councils Share N990.189b For Dec 2022  

The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for the month of December 2022.   This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of...
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Kia Carens Wins Indian Car Of The Year Award

Kia Carens Wins Indian Car Of The Year Award

The Kia Carens has been crowned as the Indian Car of the Year (ICOTY) 2023 and the Kia EV6 won the Green Car Award 2023 by ICOTY.   A statement sent to City Business News explained that with this, Kia...
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Jime Calls For Dismantling Of Tariff, Non-Tariff Barriers To Intra African Trade

Jime Calls For Dismantling Of Tariff, Non-Tariff Barriers To Intra African Trade

The Executive Secretary, Nigerian Shippers’ Council (NSC), Emmanuel Jime has urged African countries in West, Central Africa sub-region to fast-track the dismantling of various tariff and non-tariff barriers hindering intra-Africa trade. Jime, in his welcome...
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Edo Confirms Four New Cases Of Lassa Fever  

Edo Confirms Four New Cases Of Lassa Fever  

Edo State has recorded four more cases of Lassa fever, raising the total number of confirmed persons in the state to 28.   Briefing journalists in Benin City, the Edo State Commissioner for Health, Prof. Obehi Akoria, said the four...
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Bermuda Stock Exchange To Host WFE Annual Meeting In 2023  

Bermuda Stock Exchange To Host WFE Annual Meeting In 2023  

The World Federation of Exchanges (WFE) has announced Bermuda Stock Exchange (BSX) as host of the industry’s General Assembly & Annual Meeting in 2023.   A statement sent to City Business News explained that the meeting, now in its 62...
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SIFAX ICT Records 8,736 Hours Zero Lost Time Injury <a> </a>

SIFAX ICT Records 8,736 Hours Zero Lost Time Injury  

SIFAX Inland Container Terminal, a subsidiary of SIFAX Group attained 8,736 hours of zero lost time to injury (LTI) during operations at the terminal in 2022.   This was disclosed by Mr. Paul Linden, Managing Director, SIFAX Inland Container Terminal,...
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SAHCO Seeks Duty Waiver For Ground Handling Operators   

SAHCO Seeks Duty Waiver For Ground Handling Operators   

The Managing Director, Skyway Aviation Handling Company (SAHCO) Plc, Mr Basil Agboarumi, has called on the Federal Government to grant duty waiver on operational equipment for ground handling companies operating in the nation’s airports.    Agboaru...
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