City BusinessNews Archives — Page 25 of 370

July 28, 2024 No Responses

Nigeria Fortifies Security At Borders

The Nigerian Government has ordered tightened security at the country’s border owing to the planned nationwide protest over the prevalent economic hardship in the country. In a statement, the spokesman of the Nigeria Immigration Service (NIS) KT Udo said the Comptroller...

July 28, 2024 No Responses

CBN Allocates Another $148m To Authorised Dealers

The Central Bank of Nigeria has sold a cumulative amount of $148m to authorised dealers in the Nigerian Foreign Exchange Market (NFEM), to provide liquidity to the foreign exchange market. Acting Director of the Corporate Communications Department, Hakama Ali,...

July 27, 2024 No Responses

Lagos Postpones E-Call Up System For Lekki-Epe Corridor

The E-Call Up system on Lekki-Epe corridor, earlier scheduled to commence August 1, 2024, has been postponed by the lagos state government. The state government on Friday attributed the development to “stakeholders’ request to extend the timeliness to ...

July 27, 2024 No Responses

Reps Pass Shipping, Port Economic Regulatory Agency Bill

The House of Representatives has passed the Nigerian Shipping and Port Economic Regulatory Agency Bill. The Executive Secretary, Nigerian Shippers Council (NSC) Pius Akutah disclosed te development on Friday.Declaring the 2024 Operational Retreat or...

July 27, 2024 No Responses

National Assembly Moves To Strengthen NIMC Act

The National Assembly, as part of the moves to strengthen the regulatory function of the National Identity Management Commission, has embarked on repealing and enacting the NIMC Act No. 23. The NIMC Bill represents a significant legislative endeavour to ...

July 26, 2024 No Responses

Discovery Celebrates 35th Anniversary With Powerful New Engine

This year, Discovery celebrates 35 years of ingenious versatility with a new special edition version of its luxurious full-size seven-seat Sports Utility Vehicle (SUV).Discovery remains an exceptional family SUV that’s been setting the standard for versatili...

July 26, 2024 No Responses

Luxury Bus Owners Dissociate From Nationwide Protests

Long-distance road transport owners and operators whose buses ply various routes across Nigeria have dissociated themselves from the ‘Days of Rage’ nationwide protests planned to commence on Thursday, August 1, 2024. At a press conference in the Utako area...

July 26, 2024 No Responses

Firm Welcomes New LNG-Powered Carrier

German shipping group, Hartmann has taken delivery of a new Liquid Ethylene Gas (LEG) carrier powered by Liquefied Natural Gas (LNG) from Chinese shipbuilding company Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE). The ship is scheduled to use ...

July 26, 2024 No Responses

Shettima, Sanwo-Olu, Others Harp On Collaboration For Effective Development

The Vice President of Nigeria, Senator Kasim Shettima and Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu have emphasised the importance of partnership, innovative thinking, and effective policies for shaping a new blueprint for sustainable development an...

July 26, 2024 No Responses

Photo News

L-R Dr. Muda Yusuf, CEO, CPPE, Dr. Emomotimi Agama, DG SEC and Mrs Yemisi lzuora, Publisher, Oriental News Nigeria Online at the 2024 Oriental News Summit held on Thursday in Lagos.

July 25, 2024 No Responses

Nigeria Customs Partners US Customs & Border Protection To Combat Illicit Trade

The Nigeria Customs Service is collaborating with the United States Customs and Border Protection Agency (CBP) on using Artificial Intelligence (AI) to curb the flow of illicit drugs and arms into the West African nation.In an exclusive interview with the...

July 25, 2024 No Responses

Lagos To Deploy 2,000 CNG Buses, 5,000 Cars

Lagos State Governor, Babajide Sanwo-Olu has disclosed plans to deploy 2,000 high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation next year (2025). Governor Sanwo-Olu made the revelation at the Lagos Invest...

July 25, 2024 No Responses

ITU Ranks Nigeria High In Digital Transformation Readiness

A new report of the International Telecommunications Union (ITU) has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germ...

July 24, 2024 No Responses

NCDMB, UBEC Explore Capacity Building Opportunities, Support For Basic Education

The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) have agreed to collaborate towards upgrading basic education in the country and building capacities of young Nigerians towards meeting the needs o...