City BusinessNews – Page 278 – City Business News

January 6, 2023 No Responses

FG Releases N13.89b Pension For 2022 Retirees

The Federal Government has released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDA’s). National Pension Commission (PenCom), made the disclosure on Thursday in a statement on its official twitter handle. ...

January 6, 2023 No Responses

Kaduna Generates N44b Revenue In Ten Months

Between January and October 2022, Kaduna State Government generated N44 billion Internally Generated Revenue (IGR), the State Bureau of Statistics (KDBS) has disclosed. The performance was based on the Monthly IGR Performance Report, published on KDBS we...

January 6, 2023 No Responses

DMO: Alarm Over National Debt Unnecessary

The alarm created around the country’s projected public debt by a segment of the media was unnecessary, the Debt Management Office (DMO), said on Thursday. The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by...

January 5, 2023 No Responses

Forensic Audit: Minister Tasks NDDC Board On Implementation

The Minister of Niger-Delta Affairs, Chief Umana Okon Umana, has charged members of the Governing Board of the Niger Delta Development Commission (NDDC) to be faithful in the implementation of the recommendations of the report of the Commission’s Forensic Au...

January 5, 2023 No Responses

Stock Market Extends Gain By 0.12%

The Nigerian Exchange (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion recorded on Tuesday. Also, the All-Share Index (ASI) increased marginally by 61.9 basis points or 0.12 percent to close ...

January 5, 2023 No Responses

Edo Extends Deadline For Compulsory Vehicles’ Painting

The Edo State Government has extended the deadline for the compulsory painting of all commercial vehicles and profiling of commercial drivers/ owners in the state by two weeks. In a statement, the Managing Director, Edo State Transport Authority, Mrs. Ed...

January 5, 2023 No Responses

SAHCO GETS ISO 9001:2015 CERTIFICATION

Skyway Aviation Handling Company (SAHCO) PLC has been awarded the International Organization for Standardization (ISO 9001:2015) certification for Quality Management system. ISO 9001:2015 is the international standard that identifies requirements for qua...

January 3, 2023 No Responses

DMO Announces 2023 First Offer

The Debt Management Office (DMO) on Monday announced the issuance of its first bonds for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for a subscription. According to a statement by the DMO, one is a two-year FGN Savings...

January 3, 2023 No Responses

FIRS: Tax Clearance Certificate, Now Available In “One Click”

The Federal Inland Revenue Service (FIRS) has announced that taxpayers can now get their Tax Clearance Certificate in a single click via its flagship Taxpro Max solution. The TaxPro Max, a tax administration solution introduced by the apex tax authority....

January 1, 2023 No Responses

CAN Mourns Pope Benedict XVI

Pope Benedict XVI positively influenced people across religious divides all over the world during his life time, the Christian Association of Nigeria (CAN) has declared. The apex Christian body in Nigeria stated this in its condolence message over ...

January 1, 2023 No Responses

NDLEA Seizes 1766.9419kg Illicit Drugs, Arrests 296 Suspects In Oyo

The National Drug Law Enforcement Agency (NDLEA), Oyo State Command arrested 296 suspects for various drug related offences in 2022. In a statement on Saturday, the Agency’s Public Relations Officer, Mrs Mutiat Okuwobi, explained that the arrested suspects...

December 30, 2022 No Responses

Orakwusi Accuses Foreign Vessels Of Violating Fishing Regulations

The Chief Executive Officer, Morbod Group, Mrs Margaret Orakwusi, on Thursday alleged that fish poachers with foreign vessels fail to conform to rules and regulations on African waters. In an interview with the News Agency of Nigeria (NAN), Orakwusi, ...

December 30, 2022 No Responses

Ajaokuta Steel To Generate $1.6b, 500,000 Jobs

Ajaokuta Steel Complex will generate $1.6b annually and provide 500,000 jobs for Nigerian youths, President Muhammadu Buhari has said. Malam Garba Shehu, the Presidential spokesperson in a statement, explained aid that Buhari said this at the Palace of t...

December 29, 2022 No Responses

NGX Extends Bullish Run, Indices Up 0.46%

The Nigerian Exchange (NGX) on Wednesday extended its bullish trend with market capitalisation rising by N125 billion or 0.46 per cent to close at N27.198 trillion from N27.073 on Friday. Also, the All-Share Index (ASI) gained 228.51 points or 0.46...