Business – Page 370 – City Business News

September 28, 2021 No Responses

Plateau Generates N17b Internal Revenue In Nine Months

Between January and September 2021, Plateau State Internal Revenue Service (PSIRS) generated N17 billion Internally Generated Revenue (IGR). Chairman, Plateau State Internal Revenue Service (PSIRS), Mr Arlat Dasogot, made the disclosure at the state’s revenue council whistle-blowing sub-committee stakeholder engag...

September 27, 2021 No Responses

Senate Receives Report On $5.792b Mambila Power Projects

The Senate Committee on Local Content on Monday received the report of the Financial Sub-Committee of the Mambila Hydro-Electric Power Projects (HEPP). The Chairman of the Committee, Sen. Teslim Folarin, received the report in Abuja as presented by Mr Mu...

September 27, 2021 No Responses

CBN Pledges More Support For Youth Empowerment

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged more support for youth empowerment, through sports and its other intervention programmes. Osita Nwanisobi, CBN spokesperson quoted Emefiele as making the pledge at the finals of the...

September 23, 2021 No Responses

Russian Firms Indicate Interest In Nigeria

The President of the Russian Chamber of Commerce, Mr Sergey Katyrin, has said that Russian companies and businesses were ready to partner and invest in Nigeria. This was contained in a statement signed by the Nigerian Embassy in Moscow, Russia,...

September 17, 2021 No Responses

Shell Restates Commitment To Research, Development In Nigeria

Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB). Managing Director of the deep-...

September 6, 2021 No Responses

PwC To Support New Network Strategy With Six Focus Areas

PricewaterhouseCoopers (PwC) Africa has announced six key focus areas that will support the execution of its new global strategy, “New Equation”, announced on June 15. In a statement on Sunday, the Chief Executive Officer, PwC Africa, Mr Dion Shango, highl...

September 5, 2021 No Responses

China To Open Third Stock Exchange

China has announced plans to set up a third stock exchange to serve small and medium-sized businesses. President Xi Jinping said the new share market will be in the capital Beijing, during a speech to the International Fair for Trade...

August 31, 2021 No Responses

CBN Partners Bitt Inc On eNaira

The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech Company, Bitt Inc. as the Technical Partner for its digital currency, eNaira. Director, Corporate Communications of the Bank, Mr Osita Nwanisobi ...

August 30, 2021 No Responses

NLNG Explains Role In Domestic LPG Market

The Nigeria LNG Limited (NLNG) has described as “grossly inaccurate” a report which claimed that NLNG produces 22 Million Tonnes Per Annum (MTPA) of Liquified Petroluem Gas, otherwise known as cooking gas. A statement...

August 27, 2021 No Responses

MAN Decries Double Taxation In Lagos

Vice President, Manufacturers Association of Nigeria (MAN), Lagos Zone, Chief John Aluya, has decried what he described as double taxation imposed on manufacturing companies by Lagos State Government. Aluya criticised the act during the 7th Lagos Corpora...

August 26, 2021 No Responses

Gombe Earmarks N17b For Industrial Park

Gombe State Government has earmarked N17 billion for the construction of the Gombe Ultramodern Industrial Park, to promote medium and small-scale enterprises in the state. The State Governor, Alhaji Inuwa Yahaya, revealed this after a closed-door engagement wi...

August 25, 2021 No Responses

Hassan Bello, Ex-Shippers Council Boss, Canvasses Support For Successor

Immediate past Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, on Tuesday, said that his successor, Mr Emmanuel Jime, has immeasurable qualities that the nation’s maritime industry needs. Bello described his successor as a ‘man of st...

August 22, 2021 No Responses

NCC, Others To Increase Nigeria’s GDP‘

The Ministry of Communications and Digital Economy says the Information Communication Technology (ICT) sector will increase its contributions to the country’s revenue, to boost the country’s Gross Domestic Product (GDP). The Minister of Communications and ...

August 22, 2021 No Responses

APM Terminals Apapa Boosts Service Delivery With Berthing Window

Nigeria’s leading container terminal operator, APM Terminals Apapa has launched a Berthing Window service to reduce the waiting time of ships and help consignees take prompt delivery of their consignments at the port. The first Berthing Window fo...