The Nigerian Capital Market Institute (NCMI), a subsidiary of the Securities and Exchange Commission (SEC) is holding a compliance summit for Chief Executive Officers and Compliance Officers on Financial Action Task Force and other related issues.The Summit with the theme:…
FRSC Boss Tasks Special Marshals On Digitalization
The Corps Marshal, Federal Road Safety Corps (FRSC), Shehu Mohammed has enjoined Special Marshals of the Commission to key into the digitalization innovative ideas aimed at improving effective, efficiency and enhancement of productivity.According to the FRSC Boss, digital tools promote…
NNPC Retail Sensitizes 1,000 Auto Mechanics On CNG Adoption, Oleum Lubricant Range
As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel alternative in Nigeria, NNPC Retail Limited (NRL), a subsidiary of the NNPC Ltd, has sensitized over 1,000 auto mechanics…
Leadway Assurance Blames Gtbank For Delayed Annuity Payment
Leadway Assurance has blamed delay in the payment of September 2024 annuity on transaction challenges at Gtbank.Some Gtbank account holders are yet to receive their payments for the Month of September 2024.Leadway Assurance in a notice sent to annuitants explained:“Dear…
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 of State Yakubu Gowon….
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…
Edo Govt Tackles Okpebholo On Looting Allegations
The Edo State Government has given Senator Monday Okpebholo 48 hours to substantiate the looting and vandalization allegations, which he levelled against the government.In a statement by the Special Adviser to the Edo State Governor on Media Projects, Crusoe Osagie,…
CNG: FG Lists Approved Conversation Workshops
The National Automotive Design and Development Council (NADDC) has emphasized the need to obtain standard Compressed Natural Gas (CNG) Conversion from NADDC accredited Vehicle Conversion Workshops across the country.A notice issued by NADDC and obtained by City Business News explained…
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…
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 Business News…
UAE Partners NDDC On Development Projects
The United Arab Emirates, UAE, and the Niger Delta Development Commission, NDDC, have agreed to set up a joint committee to develop a partnership framework to support development projects and programmes in the Niger Delta region.This followed a meeting between…
ODODO Flags Off 20km Obajana-Uro-Aku Rural Road
Kogi State Governor, Ahmed Usman Ododo has flagged off construction of the 20KM Obajana-Uro-Aku rural road linking parts of Lokoja and Adavi local government areas.The project is part of interventions by the Rural Access and Agricultural Marketing Project (RAAMP) supported…
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 by the…
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 Government’s…