City BusinessNews Archives — Page 51 of 371

April 21, 2024 No Responses

Michael Ugbagu Assumes Duty As Comptroller FOUC, Seeks Co-Operation

Comptroller Michael Ugbagu has assumed office as the 28th Comptroller of the Federal Operations Unit zone C (FOUC) of the Nigeria Customs Service, Owerri. Comptroller Ugbagu took over from his predecessor, Comptroller Kayode Kolade in Owerri, on Friday. Comptroller Ugbagu...

April 21, 2024 No Responses

Ondo APC Primary: Oke, Others Demand Fresh Exercise

Some aspirants have raised concerns about the conduct of the All Progressives Congress (APC) primary for the Ondo governorship elections. In a statement, the Olusola Oke Campaign Organisation described the exercise as a “sham”. “The truth is that no prim...

April 20, 2024 No Responses

Tinubu Appoints New Boards For SEC, NAICOM

President Bola Ahmed Tinubu has approved the appointment of new boards for the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM). A statement issued on Friday by presidential spokesman Ajuri Ngelale, explained ...

April 20, 2024 No Responses

FG, States, LGAs Share N1.1tri March Revenue

The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers of government after its April meeting in Abuja. A statement by the Director of Press and...

April 20, 2024 No Responses

Minister, NADDC, Components Parts Manufacturers Brainstorm On Auto Policy’s Full Implementation

The Minister of Trade and Investment, Dr. Doris Anite has reiterated the Federal Government’s commitment to the implementation of the Nigerian Automotive Development Policy (NAIDP). Speaking at a stakeholder meeting with the National Automotive Design an...

April 19, 2024 No Responses

Customs FOU Zone “C” Records N7b Seizures As Compt Kayode Bows Out

Between January 25th, 2023 and April 19th, 2024, the Nigeria Customs Service, Federal Operations Unit, Zone “C” seized contrabands worth N7,577,259,390.00.Outgoing Comptroller Kayode Kolade disclosed this in a farewell message while handing over to his suc...

April 19, 2024 No Responses

Afolabi Foundation To Award 2000 Scholarship In 2024

The Ajoke Ayisat Afolabi Foundation (AAAF), the philanthropic arm of SIFAX Group, has set a target of awarding a scholarship to 2,000 indigent students across the country in 2024.According to Foluke Ademokun, Executive Coordinator, AAAF, while speaking on the ...

April 19, 2024 No Responses

NNPCL, NCDMB, SNEPCo, Total Energies, Others Donate 2,300-Seater Library To Niger Delta University

As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Expl...

April 19, 2024 No Responses

Kia Wins Car Design Award

April 19, 2024 No Responses

EFCC Declares Yahaya Bello Wanted Over Alleged N80.2b Fraud

Former Governor of Kogi State, Yahaya Bello has been declared wanted by the Economic and Financial Crimes Commission (EFCC) over alleged N80.2 billion fraud. EFCC called on those with vital information about the former Kogi governor’s whereabouts...

April 18, 2024 No Responses

NPA, Customs Harp On Efficient Export Process

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, who was recently named by President Bola Ahmed Tinubu as a member of the Implementation Committee of the National Single Window Project, on Thursday met with the Comptroller General of...

April 18, 2024 No Responses

FG Warns Against Obstruction Of EFCC From Lawful Duty

The Minister of Justice and Attorney-General of the Federation, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial Crimes Commission (EFCC) from carrying out its lawful duty.Fagbemi gave the warning Thursday in a statement released i...

April 18, 2024 No Responses

NPA Secures $700m Citibank Loan

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, on Wednesday signed the Mandate Letter to secure a $700m Citibank loan to be funded by the UK Export Finance, UKEF. City Business News report that the loan is to...

April 18, 2024 No Responses

Shippers Council To Enforce Registration For Port Service Providers

The Nigeria Shippers Council is to enforce registration for port service providers and users who have failed to register on the council’s online portal by the third quarter of 2024.The Executive Secretary of the NSC, Barr. Pius Akutah disclosed this...