City BusinessNews Archives — Page 49 of 371

April 29, 2024 No Responses

Dangote: Industrialization key To Diversification Of The Economy

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional Sales Director, Lagos/Ogun Dangote Cement PLC, Mr Tunde Mabogunje, disclosed this at the ongoing 13th Gateway International Trade Fair at...

April 29, 2024 No Responses

Innoson, Other Bus Makers To FG: Implementation Of CNG Initiative Subverts Nigeria’s New Auto Policy

The news that the Federal Government was set to unveil the first batch of about 5600 “palliative” compressed natural gas (CNG) and electric vehicles as part of the first anniversary celebration of President Bola Tinubu’s administration, has set off rippl...

April 28, 2024 No Responses

Grimaldi Takes Delivery Of 4th Multipurpose RoRo For West Africa

Italian shipping company Grimaldi has taken delivery of Great Abidjan, the fourth ship in a series of six multipurpose roll-on/roll-off (RoRo) units belonging to the new G5 class. Following the delivery, Great Abidjan will soon be transporting rolling freight ...

April 28, 2024 No Responses

120 Vehicles Burnt As Tanker Explosion Causes Carnage In Rivers

More than 120 vehicles and goods worth estimated billions have been destroyed in tanker fire along the East-West Road in Rivers State. Rivers State Governor, Siminalayi Fubara, who visited the scene of the devastating tragedy on Saturday, confirmed five ...

April 28, 2024 No Responses

Lagos-Calabar Coastal Road: Demolition Of Structures Begins

The Minister of Works, David Umahi has flagged off the demolition of buildings on the right of way of the Lagos-Calabar Coastal Road. The demolition exercise began at the Mani Chula Beach, Oniru Waterfront on Saturday. The minister said compensation...

April 27, 2024 No Responses

Tinubu Appoints Jim Ovia As Chairman Education Loan Fund

President Bola Tinubu has appointed renowned banker and businessman, Mr. Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). Ovia is the founder of Zenith Bank Plc and an alumnus of Harvard Business School and...

April 27, 2024 No Responses

Edo 2024: Obaseki, Igbinedion, Danjuma, Ikimi, Others Lead PDP Campaign Council

The Edo State Governor, Mr. Godwin Obaseki has been named head of the Advisory Committee for the 2024 Edo State Peoples Democratic Party (PDP) Governorship Campaign Council, with the Esama of Benin Kingdom, Chief Gabriel Igbinedion and National Leader of...

April 27, 2024 No Responses

Court Orders Arrest Of Ex-DG

A Federal High Court sitting in Apo, Abuja has ordered the arrest of the former Director General of the National Institute for Legislative and Democratic Studies, Ladi Hamalai for her failure to appear in the corruption case preferred against her...

April 26, 2024 No Responses

Netherlands To Invest $250m In Nigeria

Prime Minister of Netherlands, Mark Rutte has announced $250 million fresh investments in Nigeria. The Prime Minister made the announcement during a meeting with Nigeria’s President Bola Tinubu, who is currently undertaking a three-day visit to t...

April 26, 2024 No Responses

Air Peace Secures Approval For Abuja-London Flights

Air Peace has secured approval for its Abuja-London flights. The Minister of Aviation and Aerospace Development, Festus Keyamo, who disclosed this on Channels Television’s Politics Today programme on Thursday, said he has given approval f...

April 26, 2024 No Responses

MTN, Airtel, Glo, Others Set To Raise Tariff

MTN, Airtel and Globacom have pushed for cost-reflective tariff in view of extant economic realities. This was contained in a statement jointly released by the Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of Telecommun...

April 25, 2024 No Responses

Nigeria Customs Reaffirms Commitment To Gender Equality

The Nigeria Customs Service (NCS) has reiterated its dedication to promoting gender equality in decision-making processes as part of its efforts to combat gender discrimination and gender-based violence.At a capacity-building workshop on gender inclusivity, co...

April 25, 2024 No Responses

Nigeria Revokes Additional 924 Dormant Mineral Licences

The Federal Government has revoked an additional 924 dormant mineral licences with immediate effect. The revoked mineral licences which include 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 small-scale mining licenses, were disclosed...

April 25, 2024 No Responses

Ogbuku: Technology, Key To Growth In Niger Delta

The Managing Director, Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has emphasised the importance of technology in driving economic growth and social development in the Niger Delta region. Speaking at the Port Harcourt Tech Expo 2024, Ogbuku, sa...