City BusinessNews Archives — Page 229 of 409

September 2, 2020 No Responses

Lagos To Establish Coconut Processing Factory In Badagry

The Lagos State Government is to establish a coconut processing factory in Badagry to further optimize the use of coconut and harness the economic potentials in the value chain.The State Acting Commissioner for Agriculture, Ms Abisola Olusanya, stated this Wednesday...

September 2, 2020 No Responses

DPR Generates N673.7b Revenue In Six Months

The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year. Its Spokesman, Paul Osu, explained in a statement that the Director of DPR, Mr Auwalu Sarki, disclosed this...

September 2, 2020 No Responses

Market Capitalisation Sustains Growth With N24b

The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently, the NSE All-Share Index rose by 46.05 points or 0.18 per cent to close at 25,460.00 compared...

September 2, 2020 No Responses

FG Approves $3.1b For Automation Of NCS

The Federal Executive Council (FEC) on Wednesday approved $3.1billion for the automation of the operations of the Nigeria Custom Service (NCS). Speaking after the virtual meeting presided by President Muhammadu Buhari, Minister of Finance, Budget...

September 1, 2020 No Responses

Joint Border Drill Impounds 134,042 Bags Of Rice, 1,791 Vehicles, Others

The Joint Border Drill codenamed ‘Exercise Swift Response’ has made seizures valued at about N11 billion in the last one year. A statement issued by Public Relations Officer of the Drill, Mr Joseph Attah explained on Tuesday that the...

September 1, 2020 No Responses

Poultry Farmers Lament Challenges

Poultry farmers on Tuesday lamented various challenges facing the sector and appealed for Federal Government’s intervention. The farmers made the calls in separate interviews with the News Agency of Nigeria NAN) in Lagos. Mr Denison Tse...

September 1, 2020 No Responses

Plateau, Max Air Seal MoU

The Plateau State Government has signed a Memorandum of Understanding (MoU) with Max Air as part of measures to boost economic activities in the state. Speaking at the signing ceremony on Tuesday at Government House, Jos, the Secretary to the...

September 1, 2020 No Responses

NLC Condemns Agenda To Concession Major Airports

The Nigeria Labor Congress (NLC) has condemned agenda to concession selected airports across the country. In a statement on Monday, NLC President Ayubba Wabba said:” It was with great alarm that we learnt of the renewed efforts by the Federal...

August 30, 2020 No Responses

Nigeria To Deploy Special Mission Aircraft For Maritime Security

The Chief of the Air Staff, Air Marshal Sadique Abubakar, on Saturday said plans have been concluded for the deployment of a special mission aircraft to Benin to secure the maritime environment. Abubakar made this known during an on-the-spot assessment.....

August 29, 2020 No Responses

Buhari Approves Deployment Of Permanent Secretaries

President Muhammadu Buhari has approved the deployment and redeployment of Permanent Secretaries in the Civil Service of the Federation. A circular issued by Head of the Civil Service of the Federation (HOCSF), Dr Folasade Yemi-Esan, explained that those...

August 28, 2020 No Responses

Customs Auctions 314 Vehicles

The Nigeria Customs Service (NCS) has so far auctioned 314 vehicles through its E-Auction platform. The Customs’ Public Relations Officer, Mr Joseph Attah, explained in a statement on Friday that the total reserved bid amount was N87.9 million while.....

August 28, 2020 No Responses

Aero Begins Abuja-Kaduna Shuttle Operations

Aero Contractors is set to begin shuttle services from Kaduna to Abuja from Tuesday, September 1, 2020. The Chief Executive Officer of Aero Contractors, Capt. Ado Sanusi, in a statement on Friday explained that the operation was in response...

August 28, 2020 No Responses

Helicopter Crash: Sanwo-Olu Commiserates With Victims’ Families

Lagos State Governor, Mr Babajide Sanwo-Olu, has commiserated with families, friends and associates of the victims of the unfortunate helicopter crash in Opebi, Lagos. Sanwo-Olu expressed his condolence in a message signed by his Chief Press Secret...

August 28, 2020 No Responses

GTBank Staff In Court Over Alleged N3.8m Theft

A 34-year-old banker, Temidayo Fabumoye, on Friday appeared before an Igbosere Magistrates’ Court, Lagos, charged with stealing N3.8 million from his employer. Fabumoye, whose residential address was not given, pleaded not guilty to the charge of theft p...