City BusinessNews Archives — Page 62 of 371

March 10, 2024 No Responses

Lagos Govt To Sanction Uber

Citing non-compliance with an important data-sharing agreement, the Lagos State Government has announced its intention to sanction Uber Technologies System Nigeria Ltd. The Lagos State Commissioner for Transportation, Mr Oluwaseun Osiyemi, explained in a statement that the action against Uber was...

March 9, 2024 No Responses

Edo Launches ‘Feed The Hungry’ Initiative, Commits N1b Monthly

The Edo State Governor, Mr. Godwin Obaseki, on Friday, flagged off the “Feed the Hungry” initiative, committing over N1 billion monthly to feed poor and vulnerable residents of the State amid the hardship and suffering occasioned by the dire econ...

March 9, 2024 No Responses

Presco Celebrates International Women’s Day, Seeks Gender Equality

Foremost Producer of Specialty Fats and Oils, Presco Plc, on Friday, joined the international community to mark the 2024 International Women’s Day (IWD), calling for inclusion, a gender-equality world free of bias, stereotypes and discrimination. A...

March 9, 2024 No Responses

Jetour Exhibits Attributes At Lagos Motor Show

Smarting from its superb performance at the Abuja Motor Fair which held late last year at the International Conference Centre, Jetour Mobility Services has once again stolen the show with its models at the Lagos Motor Show, which held at...

March 8, 2024 No Responses

Tinubu Reconstitutes NELMCO Board

President Bola Tinubu has approved the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO). The reconstitution comes with the modification of the NELMCO Board structure, which empowers the Office of the Minister of Powe...

March 8, 2024 No Responses

FG Inaugurates Committee On Implementation Of Oronsaye Report

The Federal Government has inaugurated the Committee on the implementation of the recommendations on the review of reports and White Papers on the Restructuring and Rationalisation of Federal Government Parastatals, Agencies, and Commissions better known as th...

March 7, 2024 No Responses

Tinubu Signs Executive Orders For Oil, Gas Investments

President Bola Tinubu has signed an executive order to improve the investment climate and position of Nigeria as the preferred investment destination for the oil and gas sector in Africa. This is in keeping with his commitment to remove obstacles...

March 7, 2024 No Responses

NCDMB Host Oil Industry Players, Academia, On Research, Innovation Imperatives

Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU), Amassoma, with special focus on needs-driven research and deepening of collaboration and...

March 7, 2024 No Responses

Adesina Bags Awolowo Prize For Leadership

President of the African Development Bank (AfDB), Dr Akinwumi Adesina has bagged the 2023 Obafemi Awolowo Prize for Leadership. At a colourful ceremony on Wednesday in Lagos, Serving and former African Presidents took turns to commend the outstanding leadershi...

March 6, 2024 No Responses

NIMASA, Firm Seal Data Exchange MoU

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a Memorandum of Understanding (MoU) with Sternula Denmark on full-scale Very High Frequency (VHF) Data Exchange System (VDES) space capabilities between the Agency and Sternul...

March 6, 2024 No Responses

Ecobank MySME Growth Series: Expert Proffers Solution To Manage Strategic Staff In “Japa” Era

Against the backdrop of the migration of Nigerian professionals, commonly regarded as ‘japa syndrome’ to developed countries of the world, a human resource expert, Hilda Kabushenga, CEO, The African Talent Company, has said though the factors are beyond or...

March 5, 2024 No Responses

NGX Group Declares N5.2b Profit, N1.5b Dividend For 2023

Nigerian Exchange Group Plc has announced its full-year Audited Financial Statements for the year ended 31 December 2023, with a profit after tax of N5.2 billion and a declaration of a final dividend of N1.5 billion. The Group experienced a...

March 5, 2024 No Responses

NADDC Boss Harps On CNG Benefits, Agenda

Compressed Natural Gas (CNG) will create more jobs and wealth for Nigerians, Director-General, National Automotive Design and Development Council (NADDC), My Joseph Osanipin, reiterated on Monday. The NADDC DG stated this at the Critique/Validation ...

March 5, 2024 No Responses

Obaseki Faults CBN’s New Monetary Policy

The Governor of Edo State, Godwin Obaseki, has faulted the Central Bank of Nigeria for raising the Monetary Policy Rate by 22.75 per cent. Obaseki contended that the decision is not the answer to the ongoing economic challenges in the...