City BusinessNews Archives — Page 186 of 404

January 18, 2023 No Responses

State Governors Invite Emiefele For Meeting Over New Naira Notes

The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, for a virtual meeting on Thursday over issues related to the new naira notes introduced by the apex bank. The Head, Media...

January 18, 2023 No Responses

Economist Tasks FG On Production, Borrowings

The Managing Director/Chief Economist at Analysts Data Service and Resources Limited, Dr Afolabi Olowookere, has said that the Federal Government needs to revive and concentrate on production, review its trade-industrial policy and borrow innovatively for Ni...

January 17, 2023 No Responses

Buhari Harps On International Trade, Benefits Of AfCFTA

President Muhammadu Buhari has challenged African countries to expand and diversify their participation in international trade as part of measures to explore the benefits of the African Continental Free Trade Agreement (AfCFTA). Buhari stated this ...

January 17, 2023 No Responses

Emefiele Resumes, Set For First 2023 MPC

The Governor of the Central Bank of Nigeria (CBN), resumed duty at the apex bank’s headquarters in Abuja on Monday after spending his annual leave abroad. The News Agency of Nigeria (NAN) reports that Emefiele had been out of the...

January 17, 2023 No Responses

Investors Lose N90b In Bearish Trading

Trading activities on the floor of the Nigerian Exchange Ltd. (NGX) closed on a negative note on Monday as market capitalisation was down by N90 billion or 0.31 per cent to close at N28.512 trillion from N28.602 trillion at the...

January 17, 2023 No Responses

NLNG: Bonny Plant Still In Operation

The Nigeria LNG plant on Bonny Island is still active despite a force majeure declared in October 2022 and feed gas supply challenges. Mr Andy Odeh, the General Manager, External Relations and Sustainable Development, NLNG, confirmed this in a statement....

January 17, 2023 No Responses

PVCs: PDP, APC Trade Words In Lagos Over Alleged Manipulation

The Peoples Democratic Party (PDP) has appealed to President Muhammadu Buhari to pay special attention to Lagos State in ensuring free, fair and credible elections, alleging manipulation of collection of the Permanent Voter Cards (PVCs). The Lagos ...

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January 17, 2023 No Responses

Photo News

L-R: The Minister of State for Transportation, Prince Ademola Adegoroye, Director General, Nigerian Maritime Administration And Safety Agency (NIMASA), Dr Bashir Jamoh, the Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello-Koko&nbs...

January 14, 2023 No Responses

FG Earns $4.820b From Non-Oil Export In 2022

Nigeria recorded a non-oil export earnings of $4.820 in 2022, the Nigerian Export Promotion Council (NEPC), disclosed on Friday in Abuja. Presenting the 2022 non-oil export report, the Executive Director/CEO of NEPC, Dr Ezra Yakusak explained that this r...

January 14, 2023 No Responses

Aigbonoga Regains Freedom As Police Kill Two Kidnappers In Edo

The Police Command in Edo State has announced the rescue of the President, Igueben area Customary Court, Mrs Precious Aigbonoga, who was abducted on January 9, 2023 along Benin-Ugoneki-Eguaholor-Ugieghudu-Ebelle Road. A statement issued on Friday by the ...

January 13, 2023 No Responses

Apapa Customs Generates N1.02tri Revenue In 2022

Between January and December, 2022, the Nigeria Customs Service (NCS), Apapa Command, generated N1.02 trillion. The customs area controller, Comptroller Malanta Yusuf, explained on Thursday that the amount was unprecedented in the history of revenue gene...

January 13, 2023 No Responses

Heirs Life Assurance Opens 11 Additional Offices

Heirs Life Assurance (HLA) has opened 11 additional retail offices nationwide to serve its growing number of customers. A statement signed by Mr Timileyin Adebiyi, Communication Manager, HLA attributed the company’s rapid expansion to ...

January 12, 2023 No Responses

Qatar Airways Cargo Highlights Success In 2022

With an overall tonnage of more than 1.7 million tonnes in 2022, Qatar Airways Cargo serves more than 170 destinations, of which 70 have a dedicated freighter service, ten more than in the pre-Covid period, Qatar Airways Cargo can boast...

January 12, 2023 No Responses

Wakanow Appoints Adenike Macaulay As CEO

The Board of Directors and Management of Wakanow Group has appointed Mrs. Adenike Macaulay as Chief Executive Officer of Wakanow Nigeria effective January 2023. A statement sent to City Business News described her as a transformational leader with severa...