Tag: City BusinessNews

Nigeria, Korea Pledge to Deepen Cooperation in Shipping
September 4, 2020 No Responses

Nigeria, Korea Pledge to Deepen Cooperation in Shipping

Nigeria and South Korea have agreed to intensify their collaboration in trade and shipping development.   This was disclosed in Lagos during a meeting between the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, and Consul...
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Presco Shareholders Okay N2billion Dividend For 2019
September 2, 2020 No Responses

Presco Shareholders Okay N2billion Dividend For 2019

 By Moses Ebosele, ebosele@hotmail.com   Shareholders of Presco Plc, on Wednesday, commended the Board and Management of the company for declaring N2billion dividend for the financial year ended December 31, 2019 despite various challenges.   The sharehol...
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PwC Nigeria Holds Capability Enhancement Workshop For Journalists
September 2, 2020 No Responses

PwC Nigeria Holds Capability Enhancement Workshop For Journalists

Foremost professional services firm, PwC Nigeria has again hosted its annual Capability Enhancement Workshop for journalists.    The half-day workshop which held virtually  in line with COVID-19 protocols around large gatherings, had participan...
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Lagos To Establish Coconut Processing Factory In Badagry
September 2, 2020 No Responses

Lagos To Establish Coconut Processing Factory In Badagry

The Lagos State Government is to establish a coconut processing factory in Badagry to further optimize the use of coconut and harness the economic potentials in the value chain.The State Acting Commissioner for Agriculture, Ms Abisola Olusanya, stated this Wed...
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DPR Generates N673.7b Revenue In Six Months
September 2, 2020 No Responses

DPR Generates N673.7b Revenue In Six Months

The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year.   Its Spokesman, Paul Osu, explained in a statement that the Director of DPR, Mr Auwalu Sarki, disclosed this...
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Market Capitalisation Sustains Growth With N24b
September 2, 2020 No Responses

Market Capitalisation Sustains Growth With N24b

The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting.   Consequently, the NSE All-Share Index rose by 46.05 points or 0.18 per cent to close at 25,460.00 compared...
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FG Approves $3.1b For Automation Of NCS
September 2, 2020 No Responses

FG Approves $3.1b For Automation Of NCS

The Federal Executive Council (FEC) on Wednesday approved $3.1billion for the automation of the operations of the Nigeria Custom Service (NCS).    Speaking after the virtual meeting presided by President Muhammadu Buhari, Minister of Finance, Budget...
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Joint Border Drill Impounds 134,042 Bags Of Rice, 1,791 Vehicles, Others
September 1, 2020 No Responses

Joint Border Drill Impounds 134,042 Bags Of Rice, 1,791 Vehicles, Others

The Joint Border Drill codenamed ‘Exercise Swift Response’ has made seizures valued at about N11 billion in the last one year.    A statement issued by Public Relations Officer of the Drill, Mr Joseph Attah explained on Tuesday that the...
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Poultry Farmers Lament Challenges
September 1, 2020 No Responses

Poultry Farmers Lament Challenges

Poultry farmers on Tuesday lamented various challenges facing the sector and appealed for Federal Government’s intervention.   The farmers made the calls in separate interviews with the News Agency of Nigeria NAN)  in Lagos.   Mr Denison Tse...
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Plateau, Max Air Seal MoU
September 1, 2020 No Responses

Plateau, Max Air Seal MoU

The Plateau State Government has signed a Memorandum of Understanding (MoU) with Max Air as part of measures  to boost economic activities in the state.   Speaking at the signing ceremony on Tuesday at Government House, Jos, the Secretary to the...
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NLC Condemns Agenda To Concession Major Airports
September 1, 2020 No Responses

NLC Condemns Agenda To Concession Major Airports

The Nigeria Labor Congress (NLC) has condemned agenda to concession selected airports across the country.  In a statement on Monday, NLC President Ayubba Wabba said:” It was with great alarm that we learnt of the renewed efforts by the Federal...
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Nigeria To Deploy Special Mission Aircraft For Maritime Security
August 30, 2020 No Responses

Nigeria To Deploy Special Mission Aircraft For Maritime Security

The Chief of the Air Staff, Air Marshal Sadique Abubakar, on Saturday said plans have been concluded for the deployment of a special mission aircraft to Benin to secure the maritime environment.  Abubakar made this known during an on-the-spot assessment.....
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Buhari Approves Deployment Of Permanent Secretaries
August 29, 2020 No Responses

Buhari Approves Deployment Of Permanent Secretaries

President Muhammadu Buhari has approved the deployment and redeployment of Permanent Secretaries in the Civil Service of the Federation.  A circular issued by Head of the Civil Service of the Federation (HOCSF), Dr Folasade Yemi-Esan, explained that those...
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Customs Auctions 314 Vehicles
August 28, 2020 No Responses

Customs Auctions 314 Vehicles

The Nigeria Customs Service (NCS) has so far auctioned 314 vehicles through its E-Auction platform.   The Customs’ Public Relations Officer, Mr Joseph Attah, explained in a statement on Friday that the total reserved bid amount was N87.9 million while.....
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