City BusinessNews Archives — Page 46 of 371

May 10, 2024 No Responses

NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content

The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Felix...

May 10, 2024 No Responses

Coscharis Motors Set For 2024 West Africa Automotive Show

Coscharis Motors has announced plans to be part of the West Africa Automotive Show (WAAS), scheduled to hold at the Landmark Event Center in Lagos from May 14th to 16th, 2024. As one of the premier dealerships in Nigeria when...

May 9, 2024 No Responses

TUC Threatens Nationwide Shutdown

The Trade Union Congress (TUC) has threatened shut down the Nigerian economy should the Federal Government fail to cancel the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria. The TUC in a statement signed by its President,.....

May 9, 2024 No Responses

Lagos Marks 359 Distressed Buildings For Demolition

The Special Adviser to the Lagos State Governor on e-GIS and Urban Development, Dr. Olajide Babatunde has said that any building in Lagos State without building approvals will be pulled down by the State Building Control Agency (LASBCA), after the...

May 8, 2024 No Responses

MT Prestigious Still In Custody Of Navy, Says Firm

Newcross Exploration And Production Limited, has refuted reports on the release of MT Prestigious by the Nigerian Navy.According to the firm, the Vessel apprehended by a private security firm for allegedly stealing crude oil by a Niger-Delta Group, the Niger.....

May 8, 2024 No Responses

Tinubu To Commission Funtua Inland Dry Port

President Bola Ahmed Tinubu to commission Funtua Inland Dry Port on Thursday, 9th May, 2024 in Katsina State.The Commissioning Ceremony will feature key dignitaries, government officials and industry stakeholders.Assistant Director, Public Relations Unit of Sh...

May 8, 2024 No Responses

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...

May 8, 2024 No Responses

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of Premium Motor Spirit (PMS), also known as petrol. A statement issued by the company’s Chief Corporate C...

May 7, 2024 No Responses

Oil Palm: Edo Unveils Agenda For 47,000-hectare New Plantation

The Edo State Governor, Mr. Godwin Obaseki, has unveiled plans for the launch of phase 2 of the State’s Oil Palm Programme (ESOPP) with an additional 47,000 hectares of land to be allocated to new and prospective oil palm investors....

May 7, 2024 No Responses

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...

May 6, 2024 No Responses

NDLEA Smashes Drug Syndicate

The National Drug Law Enforcement Agency (NDLEA) has smashed an international drug syndicate with networks in parts of Nigeria, South Africa and Thailand Meanwhile, no fewer than five members of the cartel were arrested in a two-week intelligence led operation...

May 6, 2024 No Responses

Air Peace Bags ICAN Achievement Award

Air Peace has bagged another accolade for its game-changing milestones in Nigeria’s aviation sector. The airline clinched the Achievement Award in the Corporate Category at the 2024 Institute of Chartered Accountants of Nigeria, ICAN, Awards and An...

May 6, 2024 No Responses

Edo Flags Off Food Support Programme

The Edo State Governor. Mr. Godwin Obaseki, has flagged off the Edo State Food Support Programme, in collaboration with the Christian Association of Nigeria (CAN). The programme which is tagged the Christian Feeding Programme was designed to feed the poorest.....

May 6, 2024 No Responses

Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria. Speaking at an event organized by the National Council on Nutri...