City BusinessNews Archives — Page 55 of 371

April 7, 2024 No Responses

UK Backs Creation Of Green International Shipping Routes

The UK government has revealed it will launch the bidding process for the £1.5 million ($1.9 million) funding aimed at establishing zero-emission shipping routes to and from the UK. The latest round of the Clean Maritime Demonstration Competition (CMDC) will look...

April 6, 2024 No Responses

Edo Unveils Manpower Development Scheme For Oil Palm Sector

The Edo State Government through the Edo State Oil Palm Programme (ESOPP) has called for applicants for its manpower development scheme aimed at growing a new crop of workers in its expansive oil plantation sector.In a statement, Acting Team Lead,...

April 6, 2024 No Responses

Atiku: Electricity Tariff Hike Will Compound Nigeria’s Economic Hardship

Former Vice President, Atiku Abubakar has joined the growing list of critics faulting the Federal Government’s hike in electricity tariff. According to Atiku, the move further compounds the citizens’ economic difficulties. The Nigerian El...

April 5, 2024 No Responses

NDDC To Acquire Tractors For Mechanized Farming

The Niger Delta Development Commission, NDDC, has announced plans to purchase modern farming equipment, such as tractors, to boost its agricultural initiatives, notably the Holistic Opportunities, Projects, and Engagement (HOPE) project.Speaking during a visit...

April 5, 2024 No Responses

Tinubu Tasks ECOWAS Parliament On Unity Against Forces Of Division

President Bola Tinubu has called on Economic Community of West African States (ECOWAS) members to come together, strengthen ties, and reject forces of division. The media aide to the President, Ajuri Ngelale, in a statement explained that Tinubu made the...

April 5, 2024 No Responses

FRSC INTER-AGENCY JOINT TASK FORCE ARRESTS 35 TRAILERS CARRYING 982 PASSENGERS

The Inter-agency Joint Task Force recently constituted by the Corps Marshal, Federal Road Safety Corps, Dauda Ali Biu to operate along critical corridors have apprehended 35 trailers carrying 982 passengers. According to the reports of the special intervention...

April 5, 2024 No Responses

NLNG Inaugurates State-Of-The-Art Twin Theatre Suite At JUTH

As part of measures to enhance healthcare services within teaching hospitals in Nigeria and in line with its Hospital Support Programme (HSP), the NIGERIA LNG Limited (NLNG) has inaugurated state-of-the-art twin theatre suite at the University of Jos Teaching ...

April 4, 2024 No Responses

NADDC TO PARTNER AFREXIM ON NNEWI AUTO INDUSTRIAL PARK

The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin, on Thursday visited the Regional Chief Operating Officer of the African Export-Import Bank (Afrexim), Mr. Eric Intong.The purpose of the visit was to solicit ...

April 4, 2024 No Responses

EFCC Grills Bobrisky For Naira Abuse

Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have commenced investigation of Idris Okuneye, a.k.a Bobrisky, for allegedly spraying Naira notes. The EFCC had invited the 31-year old following a video report of spr...

April 4, 2024 No Responses

Edo Refinery Receives 15,000 Barrels Of Crude

Edo Refinery has received a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Inc. and its co-venturer, Millenium Oil & Gas Company Limited. The Chief Executive Officer of...

April 4, 2024 No Responses

Customs Declares ₦1.3tri Revenue In Q1

For the first quarter of 2024, the Nigeria Customs Service (NCS) generated N1.3trillion revenue. Briefing Journalists on Wednesday, the Comptroller General of Customs, Adewale Adeniyi, explained that over 572 seizures were made with a duty-paid value of N10bn....

April 4, 2024 No Responses

Lagos-Calabar Coastal Road: Lagos Engages Land Stakeholders

Top officials from the Ministry of Tourism, Arts and Culture, led by the Commissioner for the Ministry, Mrs. Toke Benson-Awoyinka have sought the patience and understanding of residents of Iru area of the State, particularly those that would be affected...

April 3, 2024 No Responses

FIRS Apologises To Christians

The Federal Inland Revenue Service (FIRS) has apologised to Christians over its controversial Easter message which has stirred controversy. In its Easter message to Christians in Nigeria, the FIRS had shared a flier showing a Point of Sale (PoS) machine....

April 3, 2024 No Responses

Transcorp Power Declares N3.13 Dividend

Transcorp Power Plc (Transcorp Power) has reported N453 billion profit before tax for the year ended December. 31, 2023. Mr Stanley Chikwendu, Group Company Secretary, Transcorp Power, said this indicated a surge of 85 per cent, when compared with N439...