All is now set for the City Business News Summit scheduled to hold November 8, 2023 at Oriental Hotels, Lagos State.Expected at the Business Summit titled: “Repositioning Nigerian Economy: 2023 And Beyond” are financial experts, regulators, Industrialists, among others.A statment issued…
Mandilas Group Tasks Stakeholders On Sustainable Cold Chain Industry
Mandilas Group Limited has joined ongoing clamour to curtail post-harvest losses and expansion of the cold chain industry in Nigeria. According to the Group, a vibrant cold chain industry will help preserve and protect the supply of food and…
FRSC Conducts Clearance Operations In Jalingo, Cautions Illegal Park Operators
The Taraba Command of the Federal Road Safety Corps (FRSC), on Saturday, conducted a clearance operation at the Roadblock area of Jalingo to achieve ease in traffic flow. Sector Commander, Selina Williams, who supervised the operation, told Journalists that…
Shortage Of Midwives May Increase To One Million By 2030, Says WHO
The World Health Organisation (WHO) says that shortage of midwives will trigger an increase of one million by 2030 with serious implications for the attainment of Sustainable Development Goals. Dr Matshidiso Moeti, World Health Organsation (WHO) Regional Director for…
Progressive Lawyers Oppose Proposed APC South West Presidential Aspirants’ Meeting
Progressive Lawyers for Osinbajo (PLO) has kicked against the proposed meeting of South West Presidential aspirants on the platform of the All Progressives Congress (APC) by some leaders of the region. In a statement on Thursday, the Convener of…
OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June
The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new target of 1.772mbpd for June 2022. A statement issued…
Tinubu Appoints New Boards For SEC, NAICOM
President Bola Ahmed Tinubu has approved the appointment of new boards for the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM). A statement issued on Friday by presidential spokesman Ajuri Ngelale, explained that the President anticipates that…
FG, States, LGAs Share N1.1tri March Revenue
The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers of government after its April meeting in Abuja. A statement by the Director of Press and…
Minister, NADDC, Components Parts Manufacturers Brainstorm On Auto Policy’s Full Implementation
The Minister of Trade and Investment, Dr. Doris Anite has reiterated the Federal Government’s commitment to the implementation of the Nigerian Automotive Development Policy (NAIDP). Speaking at a stakeholder meeting with the National Automotive Design and Development Council (NADDC), component…
Customs FOU Zone “C” Records N7b Seizures As Compt Kayode Bows Out
Between January 25th, 2023 and April 19th, 2024, the Nigeria Customs Service, Federal Operations Unit, Zone “C” seized contrabands worth N7,577,259,390.00.Outgoing Comptroller Kayode Kolade disclosed this in a farewell message while handing over to his successor and new Comptroller of…
Afolabi Foundation To Award 2000 Scholarship In 2024
The Ajoke Ayisat Afolabi Foundation (AAAF), the philanthropic arm of SIFAX Group, has set a target of awarding a scholarship to 2,000 indigent students across the country in 2024.According to Foluke Ademokun, Executive Coordinator, AAAF, while speaking on the activities…
NCDMB Lauds SNEPCO, Bayelsa Govt As Digital Library Is Inaugurated at Niger Delta University
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended Shell Nigeria Exploration and Production Company (SNEPCo) and the Bayelsa State Government for the completion and inauguration of a Learning Centre and Digital Library…
NNPCL, NCDMB, SNEPCo, Total Energies, Others Donate 2,300-Seater Library To Niger Delta University
As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Exploration and…
Kia Wins Car Design Award
Kia Corporation (Kia) has been honored at the 2024 Car Design Award ceremony, receiving the prestigious accolade for ‘Brand Design Language’. As part of its much-lauded brand relaunch, Kia unveiled its revolutionary new design philosophy, ‘Opposites United,’ in 2021. The design philosophy harnesses three…
EFCC Declares Yahaya Bello Wanted Over Alleged N80.2b Fraud
Former Governor of Kogi State, Yahaya Bello has been declared wanted by the Economic and Financial Crimes Commission (EFCC) over alleged N80.2 billion fraud. EFCC called on those with vital information about the former Kogi governor’s whereabouts to reach the…
Dana Air To Host Free Health Talk, Co-sponsors Abuja City Half Marathon
Dana Air has announced two significant initiatives aimed at promoting health and wellness among its staff and customers. These two events are scheduled to hold on the 25th, 26th and 29th of April in Lagos while the Abuja Half Marathon…
NPA, Customs Harp On Efficient Export Process
The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, who was recently named by President Bola Ahmed Tinubu as a member of the Implementation Committee of the National Single Window Project, on Thursday met with the Comptroller General of…
FG Warns Against Obstruction Of EFCC From Lawful Duty
The Minister of Justice and Attorney-General of the Federation, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial Crimes Commission (EFCC) from carrying out its lawful duty.Fagbemi gave the warning Thursday in a statement released in Abuja.The warning…
NPA Secures $700m Citibank Loan
The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, on Wednesday signed the Mandate Letter to secure a $700m Citibank loan to be funded by the UK Export Finance, UKEF. City Business News report that the loan is to…
Shippers Council To Enforce Registration For Port Service Providers
The Nigeria Shippers Council is to enforce registration for port service providers and users who have failed to register on the council’s online portal by the third quarter of 2024.The Executive Secretary of the NSC, Barr. Pius Akutah disclosed this…