City BusinessNews – Page 274 – City Business News

February 5, 2023 No Responses

ASSBIFI Seeks Safety Of Banks’ Staff, Property

The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has again called on the security agencies to ensure the safety and security of banks’ staff and property. ASSBIFI President, Mr Olusoji Oluwole, in a statement on Saturday, made the...

February 5, 2023 No Responses

NIMASA DEEP BLUE TEAM RESCUES SEVEN DISTRESSED WORKERS ONBOARD VESSEL

Seven distressed workers have been saved by the prompt response of the Nigerian Maritime Administration and Safety Agency (NIMASA) following a distress call to the Director General, Dr. Bashir Jamoh. The call, which came in at about 11.30 pm on...

February 4, 2023 No Responses

G7, EU Announce Price Cap On Russian Diesel

The Group of Seven (G7) industrialized countries, the European Union and Australia agreed to limit the price of Russian diesel on Friday. The new price cap focuses on refined oil products, following up from a previous price cap on Russian...

February 4, 2023 No Responses

CNG Declares 2023 Multinational Maritime Exercise Successful

The Chief Of Naval Staff (CNS), Vice Adm. Awwal Gambo, on Friday said the 2023 multinational maritime exercise in the Gulf of Guinea, codenamed ‘Obangame Express’, was a huge success. Gambo said this during the review of the exercise at...

February 3, 2023 No Responses

Price Cap On Russian Refined Fuels To Disrupt Trade

The European Union’s ban on imports of Russian refined oil products, including diesel and jet fuel, will disrupt global flows once it takes effect on Sunday and could hurt Moscow more than an embargo on crude oil. Although Western sanctions...

February 3, 2023 No Responses

Air Peace Introduces Abuja-Banjul, -Dakar Connections, Plans Maiduguri, Jos Operations

Air Peace has announced the addition of Abuja-Banjul and Abuja-Dakar connections to its regional network of seven West African cities. A statement sent to City Business News explained that the airline has also kicked off plans to launch flight oper...

February 3, 2023 No Responses

IFC Partners Union Bank ON Trade, SMEs

To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC has announced a partnership with Union Bank of Nigeria Plc as part of measures to help the bank expand lending to hundreds of businesses...

February 2, 2023 No Responses

Buhari Congratulates Siene Allwell-Brown At 70

President Muhammadu Buhari says he shares in the joy of celebrations as seasoned broadcaster, Siene Allwell-Brown, clocks 70, exuding the same poise, confidence and talent that made her a household name in the 70s and 80s. The president, in a...

February 2, 2023 No Responses

FEC Approves N4b For Construction Of Senate Buildings, Radio Antenna

The Federal Executive Council (FEC) has approved about N4 billion for the execution of three projects across the nation. The amount would cover the construction of Senate Buildings in Osun State University, Osogbo, and Federal University, Lokoja, as well...

January 31, 2023 No Responses

Nigeria Woos Landlocked Countries As Buhari Unveils Dala Inland Dryport

President Muhammadu Buhari has commissioned the Dala Inland Dryport, in Dala Local Government Area of Kano State. The inauguration of the Port form part of President Buhari’s visit to Kano State on Monday. The President, who arrived a...

January 28, 2023 No Responses

Tincan Customs Command Generates N574.3b In 2022

Between January and December, 2022, the Nigeria Customs Service (NCS), Tincan Island Port Command, generated a revenue of N574.3 billion. The Customs Area Controller (CAC), Tincan Island Port Command, Comptroller Olakunle Oloyede, disclosed this at a new...

January 28, 2023 No Responses

Buhari To Commission Dala Inland Dry Port On Monday

President Muhammadu Buhari will commission the Dala International Inland Dry Port on Monday, January 31, 2023. A statement issued by the Managing Director, Dala Inland Dry Port, Ahmad Rabiu on Friday explained that all was set for the commissioning of...

January 28, 2023 No Responses

Stock Market Closes Week With N52b Decline

The Nigerian Exchange (NGX) closed negative due to buy-interests and sell-offs in large and small capitalised stocks. Also, the market capitalisation dropped by N52 billion to close at N28.681 trillion as against N28.733 trillion posted at the previous...

January 28, 2023 No Responses

Ecobank Ellevate Partners Ananse Africa, MasterCard Foundation, Train Fashion Entrepreneurs

Ecobank Ellevate has partnered Ananse Africa and MasterCard Foundation to train fashion entrepreneurs and creatives in Nigeria. A statement sent to City Business News explained that Ecobank Ellevate is a proprietary service offering designed for bu...