Business – Page 348 – City Business News

July 18, 2022 No Responses

IMB Confirms Piracy Decline In Gulf Of Guinea

The International Maritime Bureau (IMB) in its half-year report for 2022 has commended the reduction in piracy around the globe and expressed optimism that it is a new dawn for the shipping community globally. This is coming on the heels of the...

July 18, 2022 No Responses

NIWA Begins Process To concession Oguta, Lokoja, Baro River Ports

The National Inland Waterways Authority (NIWA) has commenced the process of concessioning Oguta, Lokoja and Baro River ports. Speaking at the formal handing over of the Onitsha River Port to the concessionaire in Abuja, the Managing Director of NIWA, Dr...

July 17, 2022 No Responses

World Bank deploys $114.9b To Finance Global Crisis

The World Bank Group has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022. In a statement on Saturday, the Bank explained that from July 1, 2021, to June 30, 2022, it responded with unprecedented scale...

July 17, 2022 No Responses

Airtel Nigeria Appoints Adebimpe Ayo-Elias as New Human Resources Director

Airtel Nigeria, telecommunications services provider has appointed Adebimpe Ayo-Elias as Director of Human Resources and Administration. Airtel in a statement on Saturday said that in her new role, Ayo-Elias would be responsible for driving the communica...

July 16, 2022 No Responses

Nigeria, EU Present Report On Maize Value Chain

The Nigerian Government and the European Union (EU) Delegation to Nigeria and ECOWAS, on Friday, presented a report on the value chain analysis study on maize. A statement issued on Friday explained that the collaboration was done between Nigeria’s Ministr...

July 16, 2022 No Responses

Rep Lauds Air Peace On Direct Flights To China

The House of Representatives has commended Air Peace on the commencement of direct flight between Nigeria and China. Air Peace on Wednesday announced its official commencement of flight operations into Guangzhou-China, becoming the first Nigerian airline to ...

July 16, 2022 No Responses

Customs Deactivate Five Star Logistics Over N97.3m Debt

The Association of Nigerian Licensed Customs Agents (ANLCA) on Friday said that the Nigeria Customs Service (NCS) had deactivated the Five Star Logistics Ltd terminal from its portal. The acting president of ANLCA, Dr Kayode Farinto, confirmed the developmen...

July 16, 2022 No Responses

SON Management Team Visits NCS, Seeks Closer Collaboration

The Standard Organisation of Nigeria (SON) has sought closer collaboration with the Nigeria Customs Service (NCS) in the fight against the importation of substandard products in the country. SON Director-General, Malam Farouk Salim, made the request when...

July 15, 2022 No Responses

Kaduna Spends N158.1b On Education In Five Years

The Kaduna State Government has spent a total of N158.1 billion out of the N225.1 billion budgeted for the education sector between 2017 and 2021, the sector budget trend analysis has shown. The analysis, indicating a 70.2 per cent performance,...

July 15, 2022 No Responses

My Journey Through NPA, NIWA, By New Transportation Minister

The newly appointed Minister of Transportation, Mu’azu Jaji Sambo has described the Ministry as home, having started his career in the Maritime sector as a Civil Engineer with the Nigerian Ports Authority (NPA) and ended up as the Lagos Area ...

July 14, 2022 No Responses

New Transportation Ministers Assume Office, Pledge Optimum Performance

The new Minister of Transportation, Mu’azu Sambo has pledged to give his best towards achieving President Muhammadu Buhari’s Infrastructure Development Agenda in the transport sector. Sambo said this during the handover ceremony by the former Minister...

July 13, 2022 No Responses

Clark Urges Buhari To Constitute NDDC Board

Elder Statesman and Ijaw leader, Chief Edwin Clark has appealed to President Muhammadu Buhari to constitute a substantive Board for the Niger Delta Development Commission (NDDC) without delay.Clark made the appeal when members of the Delta Central All Progress...

July 13, 2022 No Responses

Heritage Bank Photo News

L-R: Ozena Utulu, Ag. Group Head, Corporate Communications, Heritage Bank; Olaolu Gbenjo, Convener, Live Gratitude; Titilayomi Babaoye, Group Head, Inclusive Banking, Heritage Bank during Gbenjo’s Concert for Life gratitude celebration and par...

July 13, 2022 No Responses

Nigeria’s Crude Oil Production Averaged 1.238m bpd In June

Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in June 2022, the Organisation of the Petroleum Exporting Countries (OPEC) has said OPEC made this known in its Oil Market Report for July 2022...