City BusinessNews – Page 280 – City Business News

December 18, 2022 No Responses

FG Empowers 415 Women, Youths

The Federal Government has empowered 415 youths and women in Niger Delta states in agriculture, information communication technology (ICT) and entrepreneurship. Minister of Niger Delta, Mr Umana Umana, made the disclosure at the graduation ceremony of the trainees of an...

December 17, 2022 No Responses

Buhari Urges American Investors To Invest In Nigeria

Nigeria remains the best destination for American investors to put their money, President Muhammadu Buhari has said. Buhari explained that aside the population advantage in size and demography, various incentives and policies emplaced by the Nigerian Gov...

December 14, 2022 No Responses

Edo, South Africa, Explore Opportunities In Agric, Entertainment, Others

The Edo State Government and the South African Government are strengthening bilateral relations to explore areas of investment in agriculture, economy, healthcare, entertainment and education, among others. The Head of Edo State Investment Promotion Offi...

December 14, 2022 No Responses

NGX Congratulates CSCS On 25th Anniversary

Nigerian Exchange Ltd. (NGX) has congratulated the Central Securities and Clearing System Plc (CSCS) on its 25th-anniversary celebration, while calling for more collaboration. Its Chief Executive Officer, Mr Temi Popoola, made the remarks during a closing go...

December 12, 2022 No Responses

CVFF: UBA, Zenith Bank, Union Bank, Others To Disburse N16b, $350m

Five Banks have been selected for the disbursement of Cabotage Vessel Financing Fund (CVFF). The Banks are: United Bank for Africa (UBA), Zenith Bank, Union Bank of Nigeria, Polaris Bank and Jaiz Bank. Minister of Trans...

December 12, 2022 No Responses

Bright, Ahube, Emerge Top Winners As 4th NLNG Golf Classic Ends

The 2022 edition of the NLNG Golf Classic ended in Bonny, Rivers on Sunday with Victor Bright and Nnenna Ahube clinching the top prize in the men and ladies categories. The News Agency of Nigeria (NAN) reports that the NLNG...

December 11, 2022 No Responses

Emefiele: Export Proceeds Repatriation To Hit $1b In Q4

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Saturday expressed optimism that export proceeds repatriation for rebate would hit N1billion fourth quarter of 2022. Emefiele said this at a press conference on the outcome of th...

December 10, 2022 No Responses

Oil Bounces On Pipeline Shutdown

Oil prices bounced on Friday as closure of a major Canada-to-U.S. crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth. Brent crude futures were at $76.70 a barrel, up...

December 10, 2022 No Responses

FMDQ: Exchange Traded Derivative Will Help Govt Raise Cheaper Funds

By citybusinessnews@yahoo.com — FMDQ Securities Exchange Limited is working towards the launch of Exchange Traded Derivative (ETD) products that will enable the government raise funds at a cheaper cost. Head, Market Architecture, FMDQ Securiti...

December 9, 2022 No Responses

Bill Gates-Backed Blue World Technologies Targets Maritime Sector

The Danish fuel cell manufacturer Blue World Technologies is set to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventio...

December 7, 2022 No Responses

FG Raises Plastics Value Chains Committee

The Federal Government on Tuesday inaugurated a project steering committee to promote sustainable plastics value chains through circular economy practices. The Minister of Environment, Mr Mohammed Abdullahi, who inaugurated the committee in Abuja, explai...

December 6, 2022 No Responses

Nigeria, Saudi Arabia Sign MoU On Air Safety

Nigeria on Monday in Abuja signed Memorandum of Understanding (MoU) with the Kingdom of Saudi Arabia on accident investigation to promote air safety. The Accident Investigation Bureau (AIB)-Nigeria Commissioner, Mr Akin Olateru, said the signing of MoU i...

December 6, 2022 No Responses

TotalEnergies Joins Zero-Emission Shipping Coalition

TotalEnergies has joined the Castor Initiative, a multinational coalition committed to making zero-emission shipping a reality, to support the uptake of ammonia as a green fuel and the development of ammonia-powered tankers. The global coalition, which inclu...

December 6, 2022 No Responses

At ISSAN Confab, CBN, Stakeholders, Harp On Measures Against Cyber Attacks

The Central Bank of Nigeria (CBN) has assured information security stakeholders and the general public of its collaboration to check the rising cases of cyber-attacks within Nigeria’s cyberspace. Director, Payments System Management Department of the...