City BusinessNews – Page 170 – City Business News

May 4, 2024 No Responses

Shippers Council Thrift Society Declares N70.9m Dividend For 2023

The Nigeria Shippers Council (NSC) Staff Multipurpose Cooperative Society Limited has declared N70.9million (N70,927,361.19) dividend and net surplus of N141.9million (N141,854,723.73) for the fiscal year 2023, compared to net surplus of N88.9million (N88,895,512.55) recorded in the preceding period of 2022. This...

May 3, 2024 No Responses

Minister Reiterates FG’S Commitment To Fast- Track Development In Auto Sector

The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris NKIRUKA Uzoka-Anite has reiterated the Federal Government’s commitment to boost development in the Nigeria Automotive Industry.The Minister stated this on Friday, 3rd May...

May 3, 2024 No Responses

Pope Appoints Substantive Bishop For Ahiara Diocese

The Holy Father has appointed Bishop Simeon Okezuo Nwobi, C.M.F., until now titular Bishop of Rusgunie and auxiliary of the apostolic administrator sede vacante of Ahiara, as Bishop of the diocese of Ahiara, Nigeria.Bishop Simeon Okezuo Nwobi, C.M.F., was born...

May 3, 2024 No Responses

Youth Empowerment: UBA Employs 398 Across Africa

United Bank for Africa (UBA), held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where 398 young Africans were inducted into the UBA Tribe after a rigorous six-month hands-on-work and learning experience.Th...

May 3, 2024 No Responses

NADDC Partners AAAM, NAMA On Growth Of Nigeria’s Automotive Industry

The National Automotive Design and Development Council (NADDC) has initiated a strategic partnership with the African Association of Automotive Manufacturers (AAAM) and the Nigerian Automotive Manufacturers Association (NAMA) as part of measures to foster the ...

May 3, 2024 No Responses

Seaports Unveil Top Nine Priorities

In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a strong...

May 3, 2024 No Responses

LASTMA Tasks Cadet On Professionalism

The Lagos State Traffic Management Authority (LASTMA) has emphasised the importance of professionalism among its cadet officers in serving the motoring public across the state and ensuring effective traffic management. The Special Adviser to the Governor on Tr...

May 3, 2024 No Responses

CPPE Implores CBN On Quarterly FX Rate For Customs

The Centre for Promotion of Public Enterprise, (CPPE) has asked the Central Bank of Nigeria (CBN) to adopt a specific quarterly exchange rate for import duty collection as a measure towards addressing the problems associated with frequent changes in customs...

May 2, 2024 No Responses

Transcorp Group Sustains 173% Revenue Growth, N45b PBT

Transnational Corporation Plc conglomerate, with investment in the Power, Hospitality, and Energy sectors, has announced Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Transcorp reported year-on-year growth, wi...

May 2, 2024 No Responses

NLC Tasks FG On New Minimum Wage

Organised labour has given the federal government till the end of May to finalise the process of implementing the new national minimum wage for workers. The President of the Nigeria Labour Congress (NLC), Joe Ajaero, made the demand on Wednesday...

May 2, 2024 No Responses

May Day: Tinubu Salutes Nigerian Workers

President Bola Tinubu has congratulated Nigerian workers on the auspicious occasion of Workers’ Day held annually to celebrate the lifeblood of our country.The President salutes Nigerian workers for their fidelity to the peace, progress, and development ...

May 2, 2024 No Responses

NEPL/Seplat JV, Edo Sign Reforestation Agreement

The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves to enable a large-scale tree pl...

May 1, 2024 No Responses

FG Approves Salary Increase For Civil Servants

The Federal Government has approved an increase of between 25% and 35% in salary Increase for Civil Servants on the remaining six Consolidated Salary StructuresThe Salary Structure are Consolidated Public Service Salary Structure (CONPSS), Consolidated Researc...

May 1, 2024 No Responses

Maersk debunks $600m Investment In Nigeria

The management of AP Moller-Maersk has debunked report that it is planning to invest $600 million in Nigerian seaport infrastructure. The Nigerian Government through a statement had claimed that the Danish shipping conglomerate promised to bring an additional ...