City BusinessNews – Page 291 – City Business News

July 22, 2022 No Responses

CBN Partners UNILORIN On N600m Commercial Poultry Farm

The University of Ilorin (UNILORIN) in partnership with the Central Bank of Nigeria (CBN) has inaugurated an integrated commercial poultry farm with a N600 million loan. Prof. Sulyman Abdulkareem, the Vice Chancellor of the university, who spoke at the official...

July 22, 2022 No Responses

Shippers’ Council Wades Into APMT, MWUN Dispute

The management of the Nigerian Shippers’ Council (NSC) has appealed to striking dockworkers at APM Terminal to give the Council the necessary atmosphere to resolve contending issues. Executive Secretary, NSC, Emmanuel Jime, who led the management team dur...

July 20, 2022 No Responses

CBN Increases Benchmark Interest Rate To 14%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from its initial 13 per cent. Reading a communiqué after the committee’s meeting in Lagos, Mr...

July 18, 2022 No Responses

Unical Seeks NDDC, TETFUND Support To Build New Library

Vice Chancellor of the University of Calabar (Unical), has called on the Tertiary Education Trust Fund (TETFUND) to come to its aid in the construction of a new library for the institution. Prof. Obi, who spoke in an interview with...

July 17, 2022 No Responses

World Bank deploys $114.9b To Finance Global Crisis

The World Bank Group has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022. In a statement on Saturday, the Bank explained that from July 1, 2021, to June 30, 2022, it responded with unprecedented scale...

July 16, 2022 No Responses

Nigeria, EU Present Report On Maize Value Chain

The Nigerian Government and the European Union (EU) Delegation to Nigeria and ECOWAS, on Friday, presented a report on the value chain analysis study on maize. A statement issued on Friday explained that the collaboration was done between Nigeria’s Ministr...

July 15, 2022 No Responses

Oil Theft: NIMASA To Deploy Special Mission Aircraft

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has given assurances that two special mission aircrafts in the deep blue project fleet of the agency will be deployed to fight oil theft and protect...

July 13, 2022 No Responses

Clark Urges Buhari To Constitute NDDC Board

Elder Statesman and Ijaw leader, Chief Edwin Clark has appealed to President Muhammadu Buhari to constitute a substantive Board for the Niger Delta Development Commission (NDDC) without delay.Clark made the appeal when members of the Delta Central All Progress...

July 13, 2022 No Responses

Nigeria’s Crude Oil Production Averaged 1.238m bpd In June

Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in June 2022, the Organisation of the Petroleum Exporting Countries (OPEC) has said OPEC made this known in its Oil Market Report for July 2022...

July 13, 2022 No Responses

Buhari Shares Emotional Moment With Classmates

President Muhammadu Buhari on Tuesday in Daura, Katsina State, had an emotional reunion with his primary and secondary school classmates coming to pay homage to him to mark the Sallah celebrations. The President inquired about each individual’s well-be...

July 10, 2022 No Responses

Manufacturers Task FG On Increasing Cost Of Diesel

The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to provide an integrated support system to reduce the impact of the increasing cost of diesel on manufacturing. In a statement issued on Saturday, Director-General, MAN, Mr S...

July 8, 2022 No Responses

NIMASA, SEMA Task Stakeholders On Security Challenges

The Ekiti State Emergency Management Agency (SEMA) and Nigerian Maritime Administration and Safety Agency (NIMASA) have urged stakeholders in the security sector to be proactive in gathering security information. The two agencies made the plea at a workshop ...

July 7, 2022 No Responses

NIMASA Donates Items To Hospitals, Schools In Plateau

The Nigerian Maritime Administration and Safety Agency (NIMASA) have donated hospital equipment and educational items to some hospitals and schools in Plateau State. NIMASA Assistant Director, Special Duties (External Relations & Technical Cooperation), Mr...

July 7, 2022 No Responses

Tax Development: FIRS Boss Harps On Collaboration Among Regulatory Bodies

The Federal Inland Revenue Service (FIRS) has described collaboration among regulatory bodies as critical in deepening FIRS institutional framework through qualitative reporting and effective representation of their clients. Mr Muhammad Nami, the Executive C...