Business – Page 347 – City Business News

July 26, 2022 No Responses

NIMASA Inaugurates Expert Team On Maritime Security, Strategy

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has inaugurated the Expert Level Planning Team (ELPT) of the Agency to draft the National Maritime Security Strategy (NMSS) to sustain the Agency’s successes in the fight against...

July 26, 2022 No Responses

Ecobank Nigeria Extends Remittance Services To Business Accounts Holders

Ecobank Nigeria has extended its innovative remittance services to its business account holders. According to Ecobank, this implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise ...

July 25, 2022 No Responses

Nigeria Customs Service Hails Modernisation Project Court Judgment

The Nigeria Custom Service (NCS) said on Sunday that it would immediately commence its modernisation plan following the vacation of an interim order earlier placed on it by a Federal High Court in Abuja. The order vacated on Friday by...

July 23, 2022 No Responses

TinCan Customs Generates N274.32b In Six Months

Between January and June 2022, the TinCan Island Port Customers Command generated N274.32 billion, an increase of 27.50 per cent when compared with N229.32 billion achieved in the corresponding period of 2021. Briefing Journalists on Friday, the comm...

July 22, 2022 No Responses

CBN Partners UNILORIN On N600m Commercial Poultry Farm

The University of Ilorin (UNILORIN) in partnership with the Central Bank of Nigeria (CBN) has inaugurated an integrated commercial poultry farm with a N600 million loan. Prof. Sulyman Abdulkareem, the Vice Chancellor of the university, who spoke at the o...

July 22, 2022 No Responses

Photo News

L-R: The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, MD Zenith Bank Plc, Ebenezer Onyeagwu, Governor of Central Bank (CBN), Godwin Emefiele at the 2022 Zenith Bank International Trade Seminar in Lagos.

July 22, 2022 No Responses

Shippers’ Council Unveils New Operational Manual For Inland Dry Ports

The Nigeria Shippers’ Council (NSC), on Thursday in Kano, unveiled an operational manual for Inland Dry Ports to enhance efficiency at the ports across the country. The Executive Secretary of the Council, Mr Emmanuel Jime, who spoke at the official...

July 21, 2022 No Responses

FEC Approves N7.4b For Irrigation, Aviation Equipment

The Federal Executive Council (FEC) has approved a contract worth N6 billion as augmentation for the Chochi irrigation project in Adamawa as well as N1.4billion for procurement of aviation equipment. Ministers of Water Resources, Sulieman Adamu, and Aviation...

July 21, 2022 No Responses

NPA Boss: We’re Addressing Bottlenecks Affecting Non-Oil Exports

The Nigerian Ports Authority (NPA) is addressing bottlenecks affecting export in the country, Managing Director, Mr Mohammed Bello-Koko, declared on Wednesday in Lagos. Speaking at the 2022 Zenith Bank International Trade Seminar on non-oil e...

July 20, 2022 No Responses

CBN Increases Benchmark Interest Rate To 14%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from its initial 13 per cent. Reading a communiqué after the committee’s meeting in Lagos, Mr...

July 20, 2022 No Responses

Transport Ministry, Shippers’ Council To Sensitise Stakeholders

The Federal Ministry of Transport (FMOT) is collaborating with the Nigerian Shippers’ Council (NSC) to organize a sensitization programme on some functions of the council. A statement issued by Rakiya Dhikru-Yagboyaju, Head, Public Relations, NSC, expl...

July 19, 2022 No Responses

DMO Raises N123b In July FG Bond Auction

The Debt Management Office (DMO) has raised N123.85billion in its July Federal Government of Nigeria (FGN) bond auction. A statement issued by DMO on Monday explained that the three instruments auctioned were valued at N75 billion each, totalling N225 bi...

July 18, 2022 No Responses

Group Tasks FG On Incentives For Manufacturers

The National Union of Chemical, Footwear, Rubber, Leather and Non-Metallic Employees (NUCFRLANMPE) has tasked the Federal Government with incentives to cushion the effects of the harsh economy on manufacturers. Mr Babatunde Olatunji, the President of NUCFRLA...

July 18, 2022 No Responses

STOAN Congratulate New Transportation Minister

The Seaport Terminal Operators Association of Nigeria (STOAN) on Sunday congratulated the new Minister of Transportation, Mr Mu’azu Sambo, on his appointment by President Muhammadu Buhari. The Chairman of STOAN, Princess Vicky Haastrup, in a statement ...