Tag: City BusinessNews

FG Harps On Renewable Energy Transport System  
February 18, 2024 No Responses

FG Harps On Renewable Energy Transport System  

The Federal Ministry of Transportation has made significant technological advancements aimed at promoting environmentally and economically sustainable transportation solutions nationwide.  The Minister of Transportation, Saidu Alkali, made this declaration during his speech at the commencement of the Executive session of...
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Customs Impounds N19.6M Sex Enhancement Drugs
February 17, 2024 No Responses

Customs Impounds N19.6M Sex Enhancement Drugs

The Nigeria Customs Service (NSC), joint border patrol team, sector IV, has seized a consignment of sex enhancement drugs worth N19.6M in Sokoto state. Briefing Journalists in Sokoto, Coordinating Comptroller, Mr. Kolapo Oladeji, explained that trucks carrying...
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NADDC To Partner Anambra, Harps On Component Parts Manufacturing
February 17, 2024 No Responses

NADDC To Partner Anambra, Harps On Component Parts Manufacturing

The Director General, National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin has identified Nnewi, Anambra State as a hub for the manufacturing of automotive component parts in Nigeria.  Addressing a delegation fro...
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Parallex Bank Unveils Mobile App 2.0
February 17, 2024 No Responses

Parallex Bank Unveils Mobile App 2.0

Parallex Bank Ltd. has announced the launch of a new and improved mobile banking app called Parallex Mobile App 2.0.  The Managing Director, Parallex Bank, Dr. Olufemi Bakre, said in a statement on Friday in Lagos, that the advanced mobile...
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Apomu Day: A Celebration Of Cultural Heritage
February 17, 2024 No Responses

Apomu Day: A Celebration Of Cultural Heritage

The people of Apomu in Nigeria and in Diaspora came together to celebrate Apomu Day on February 10, 2024.  Apomu day is an eagerly anticipated event that showcases the rich cultural heritage and investment opportunities in the town.The event was...
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DMO Offers N2.5trillion FGN Bonds For Subscription
February 16, 2024 No Responses

DMO Offers N2.5trillion FGN Bonds For Subscription

The Debt Management Office has offered two Federal Government of Nigeria bonds valued at N2.5 trillion for subscription at N1,000 per unit. The first offer is a seven-year bond valued at N1.25 trillion and expected to mature in February 2031....
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Nigeria Signs MoU On 10,000 Tractors
February 16, 2024 No Responses

Nigeria Signs MoU On 10,000 Tractors

The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with John Deere to supply Nigeria with 2000 tractors yearly in the next five years. According to the Minister of Agriculture and Food Security, Abubakar Kyari, the move...
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Nigerian Shipping And Port Economic Regulatory Agency Bill 2023 Passes Second Reading
February 16, 2024 No Responses

Nigerian Shipping And Port Economic Regulatory Agency Bill 2023 Passes Second Reading

As part of the Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola’s Key Performance Indicator (KPI) for the year 2024, as signed in the performance bond by agencies, the Bill which seeks to repeal the Nigerian Shippers’ Council...
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Senate Passes N5.079trn 2024 Customs Budget
February 16, 2024 No Responses

Senate Passes N5.079trn 2024 Customs Budget

The Senate on Thursday, February 15, passed the sum of N5.079 trillion as the 2024 budget for the Nigeria Customs Service (NCS). The approval followed the adoption of recommendations of the Senate Committee on Customs, Excise, and Tariffs at plenary....
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Delta Inaugurates Oil Palm Mill
February 16, 2024 No Responses

Delta Inaugurates Oil Palm Mill

Delta State Governor, Sheriff Oborevwori has inaugurated a 10-metric tonnes per hour oil palm processing mill at Akwukwu-Igbo in Oshimili North Local Government Area of the state. Oborevwori stated that the inauguration of the plant at Norsworthy Farms and Agr...
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Ogun Unveils N5billion Palliatives For Residents
February 15, 2024 No Responses

Ogun Unveils N5billion Palliatives For Residents

Ogun State Governor, Dapo Abiodun, has announced the commencement of N5 billion palliatives as part of measures to cushion the impact of the current socio-economic hardship being experienced by residents. Briefing Journalists on Wednesday, the Governor also ap...
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Lagos Flags Off Distribution Of N750m To Market Traders
February 15, 2024 No Responses

Lagos Flags Off Distribution Of N750m To Market Traders

The Lagos State Governor, Mr. Babajide Sanwo-Olu has flagged off the distribution of N750 Million to 15,000 market traders as cash support with each beneficiary receiving N50,000 under the ‘Lagos Market Trader Money’, In his address on Wednesday, Sanwo...
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Ecobank MySME Growth Webinar Series: Expert Makes Case For eCommerce To Grow Small Businesses
February 15, 2024 No Responses

Ecobank MySME Growth Webinar Series: Expert Makes Case For eCommerce To Grow Small Businesses

Operators of small and medium enterprises (SMEs) in the country have been advised to leverage on eCommerce to boost sales and grow their business.  This view was canvassed by Chief Commercial Officer, Jumia Nigeria, Ijeoma Arum,  in her presentation ...
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AfCFTA: NCDMB Advocates Database of Skills, Uniform Standards For Goods, Services
February 15, 2024 No Responses

AfCFTA: NCDMB Advocates Database of Skills, Uniform Standards For Goods, Services

As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation of a database of av...
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