Category: Economy

Farmers Seek Improved Investment In Agriculture
August 22, 2023 No Responses

Farmers Seek Improved Investment In Agriculture

AS economic situation bites harder on Nigerians, some farmers in Gombe have urged the state government to leverage the additional funds received from the Federation Account Allocation Committee (FAAC), to invest in the agriculture. They said such investment was imperative...
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NETCO Declares N5.53b Profit For 2022
August 22, 2023 No Responses

NETCO Declares N5.53b Profit For 2022

THE NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has reported a profit before tax of N5.53 billion for the year ended Dec. 31, 2022. The profit represents a 178 per cent...
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Tinubu Appoints Minister For Niger Delta, Redeploys Oyetola To Marine & Blue Economy
August 21, 2023 No Responses

Tinubu Appoints Minister For Niger Delta, Redeploys Oyetola To Marine & Blue Economy

President Bola Ahmed Tinubu has approved the redeployment of Abubakar Momoh from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development. In a statement on Sunday, Presidential spokesman, Ajuri Ngelale explained that Tinubu will announ...
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$3b NNPCL/Afreximbank’s Naira Rescue Agenda Excites Tinubu
August 21, 2023 No Responses

$3b NNPCL/Afreximbank’s Naira Rescue Agenda Excites Tinubu

President Bola Tinubu is happy that the $3 billion in crude-for-cash funding secured from the African Export-Import Bank (Afreximbank) by the Nigerian National Petroleum Corporation (NNPC) Limited is gradually giving a breather to the foreign exchange market.&...
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SIFAX Logistics Boosts Operations With 13 New Trucks
August 19, 2023 No Responses

SIFAX Logistics Boosts Operations With 13 New Trucks

SIFAX Logistics Company Limited, the haulage subsidiary of SIFAX Group, has boosted its operations with the acquisition of 13 brand new trucks. The trucks, which are 33 tons 6×4 MAN diesel vehicles with 400 horsepower, will help the company increase its....
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FG Approves 5b Palliative For Each State, FCT
August 18, 2023 No Responses

FG Approves 5b Palliative For Each State, FCT

The Federal Government has approved N5billion for each state and the Federal Capital Territory (FCT) to procure food items for distribution to the poor in their respective states. Governor Babagana Zulum of Borno State disclosed this at the Presidential Villa,...
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GOCOP To Hold 2023 Annual Conference In Abuja
August 18, 2023 No Responses

GOCOP To Hold 2023 Annual Conference In Abuja

The Guild of Corporate Online Publishers (GOCOP) has announced that its 2023 Annual Conference will be held in Abuja, Nigeria’s Federal Capital Territory. According to a press statement signed by Danlami Nmodu, mni and Olumide Iyanda, Chairman and Secret...
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Stakeholders To Brainstorm On Digital Infrastructure At FICAN Conference
August 18, 2023 No Responses

Stakeholders To Brainstorm On Digital Infrastructure At FICAN Conference

In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions in line with Nigeria’s Payment System Vision (PSV) 2025.The Central Bank of Nigeria (CBN) in December...
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Firm Unveils Ultra-Modern Showroom 
August 15, 2023 No Responses

Firm Unveils Ultra-Modern Showroom 

Carloha Nigeria, provider of luxury automobiles has announced the opening of its new ultra-modern showroom at The Palms in Lekki, Lagos State. A statement sent to City Business News explained that “the state-of-the-art facility will serve as a showcase for.....
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Carloha Nigeria Strengthens Leadership Team With Key Appointments
August 15, 2023 No Responses

Carloha Nigeria Strengthens Leadership Team With Key Appointments

Carloha Nigeria, player in the automotive industry in Nigeria has announced the appointment of Joseph Omokhapue as Sales and Marketing Director and Chuks Nwagbara as Chief Finance Controller. A statement sent to City Business News on Tuesday explained that the...
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NCC Showcases Indigenous Telecom Achievements At NTICE 2023 Expo
August 15, 2023 No Responses

NCC Showcases Indigenous Telecom Achievements At NTICE 2023 Expo

The Nigerian Communications Commission (NCC) is set to showcase achievements so far recorded in the promotion of indigenous content in the telecommunications sector at the second edition of the Nigerian Telecommunications Indigenous Content Expo (NTICE 2023), ...
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NADDC, Coscharis, Stallion,Others Back 2023  NAJA  Workshop
August 12, 2023 No Responses

NADDC, Coscharis, Stallion,Others Back 2023  NAJA  Workshop

The National Automotive Design & Developmentt Council Council (NADDC), Coscharis Motors, Stallion Motors Nigeria Limited, Jet Systems Limited and Weststar Associates Ltd are among leading stakeholders in the automotive industry supporting this year’s tra...
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ACAMB To Brainstorm On Marketing Financial Services In Dynamic Times
August 9, 2023 No Responses

ACAMB To Brainstorm On Marketing Financial Services In Dynamic Times

The Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communication professionals working in Deposit Money Banks (DMBs) in Nigeria, has announced Thursday, August 17, 2023, as the date for its 2nd National...
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NIMASA Hands Over Modular Floating Dock Site To Technical Partners
August 9, 2023 No Responses

NIMASA Hands Over Modular Floating Dock Site To Technical Partners

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA has handed over the leased site at the Continental Shipyard Limited (CSL) of the Nigerian Ports Authority to the technical partners, Melsmore.  A statement issued by NIMASA e...
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