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…

Budget: Nigeria Targets 3.76% Economic Growth In 2024
President of Nigeria, Bola Tinubu on Wednesday said his administration is targeting a 3.76 per cent economic growth in the 2024 fiscal year. This was as he spotlighted national security, local job creation and poverty reduction as the top priorities…

WIA Honours Dana Air As Airline Wins CSR Award
Dana Air has been honored by the Women in Aviation for celebrating 15 years in Nigeria’s Aviation Industry at the Annual Conference of Women in Aviation Nigeria Chapter held recently in Kano. According the President of Women in Aviation Nigeria, Rejoice…

Dana Air Photo News
Head, Corporate Communications, Dana Air, Kingsley Ezenwa (Left) and the Publisher, City Business News Online, Moses Ebosele at the City Business News Summit in Lagos where Dana Air emerged as the Corporate Social Responsibility (CSR) Airline Of The Year 2023

Oyetola Woos Brazil, Jamaica, To Sign MoU With Saudi Arabia
The minister of Marine and Blue Economy, Adegboyega Oyetola, on Tuesday, continued bilateral discussions with ministers and representatives from the Kingdom of Saudi Arabia, Bangladesh, Brazil and Jamaica, expressing Nigeria’s government interest in learning from their knowledge and experiences.This was…

15 Key Resolutions From Auto Stakeholders’ Engagement With NADDC In Lagos
Key Auto Players in Nigeria have challenged the Federal Government to stimulate growth of local manufacturing clusters as part of measures to support the automotive sector. This form part of the recent Auto Policy Stakeholders’ Engagement in Lagos organised by the National Automotive Design and…

Qatar Airways Cargo, IATA Conclude One Record Hackathon in Qatar
Qatar Airways Cargo and IATA have concluded the first-ever One Record Hackathon in the Middle East, in Doha, Qatar. 17 teams from around the world came together for a thrilling 28 hour competition to submit highly sophisticated and innovative solutions…

Photo News
L-R: Chief Finance Officer, Presco Plc, Johnson Amandor; Director, Presco Plc, HRH (Prince) Aiguobasinmwin O. Akenzua; Director Presco Plc, Chief (Dr.) Bassey E.O Edem,MFR, Managing Director, Presco Plc, Felix Nwabuko; Director, Presco Plc, Mr. Osa Osunde; company secretary, Presco Plc,…

FEC Approves N27.50trillion Budget For 2024
The Federal Executive Council (FEC) has approved the 2024 appropriation bill of N27.50 trillion, with a N1.5 trillion increase from the earlier estimated bill. The government had proposed N26.2 trillion but reviewed the Medium Term Expenditure Framework (MTEF) after it was recently…

New LASTMA Boss Unfolds Agenda
The newly appointed Acting General Manager of the Lagos State Traffic Management Authority (LASTMA), Mr. Bakare Oki Olalekan has advised personnel of the Agency to be civil, demonstrate empathy and shun corruption in whatever guise while discharging their statutory duties on the roads….

NADDC Raises Alarm Over DG’s Impersonation, Fraud
The National Automotive Design and Development Council (NADDC) on Monday raised alarm over the alleged impersonation of its Director General, Mr Oluwemimo Joseph Osanipin. In a public notice obtained by City Business News, NADDC said: “It has come to our notice that some unscrupulous persons…

Maida Urges Nokia To Invest In Nigeria’s ICT R&D
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has requested Nokia Networks to increase its investments in Research and Development (R&D) to support the growth of Information and Communication Technology…

Seplat Energy wins SISA’s CSR Award For Education Empowerment
Seplat Energy Plc has won the Social Impact & Sustainability Awards (SISA) CSR Award for Education Empowerment organized by CSR Reporters. CSR Reporters is Africa’s premier all-Corporate Social Responsibility (CSR) and Sustainability publication; and the SASA, which is n ow in its fourth year,…

At IMO General Assembly, Oyetola Reiterates FG’s Commitment To Reposition Maritime Sector
Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola has restated the commitment of President Bola Ahmed Tinubu’s administration to reposition the nation’s maritime sector in line with its agenda for economic growth and development. He disclosed that his ministry…

Agency Partners DP World On Maritime Logistics
The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based port developer and operator, to advance decarbonization solutions for ports and maritime logistics. Through the agreement, the two organizations will collaborate on decarbonizing the…