City BusinessNews Archives — Page 71 of 371

February 3, 2024 No Responses

Passengers, Luxury Bus Transporters Fault 333 % Hike In Service Charge On Travellers At Oshodi Terminal

There is an uneasy calm at the section of the Oshodi Terminal Interchange (OTI) occupied by long-distance luxury bus transporters following a sharp increase in service charge collected from passengers by the management of the facility. The service was raised from...

February 3, 2024 No Responses

AFCON: Nigeria Defeat Angola To Reach Semi-Finals

The Super Eagles of Nigeria on Friday beat Angola to advance into the semi-final game of the ongoing 2023 TotalEnergies CAF Africa Cup in Cote d’Ivoire. A lone goal from Ademola Lookman in the 41st minute gave Nigeria the lead...

February 2, 2024 No Responses

Atiku Faults FG’s Plan To Remit NNPC Crude Oil Revenue To CBN

The presidential candidate of the Peoples Democratic Party (PDP) in the last general election, Atiku Abubakar, has described the directive from the federal government to remit revenue from the sale of crude oil to the Central Bank Nigeria (CBN) of...

February 2, 2024 No Responses

Adenike Aboderin Resumes As MD SAHCO

The Board of the Skyway Aviation Handling Company (SAHCO) Plc has confirmed the appointment of Adenike Aboderin as Managing Director/Chief Executive Officer with effect from the 1st of February 2024. Mrs. Adenike Aboderin who is taking over from Basil Agboarum...

February 1, 2024 No Responses

Reps Committee Approves N706.67b As NCS 2024 Budget

The House of Representatives Committee on Customs and Excise has approved N706.67 billion as the Nigerian Customs Service (NCS) budget for its 2024 operations. Rep. Leke Abejide (ADC-Kogi), the Chairman of the Committee, stated this after a budget defence sess...

February 1, 2024 No Responses

Nigeria Attains Steady Increase In Active Voice, Internet Subscription

Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecommunications statistical indicators released by the Nigerian Communications Commission (NCC), which have been a...

February 1, 2024 No Responses

FBN Holdings Appoints Otedola As Chairman

First Bank of Nigeria Holdings Plc has appointed the 20th richest man in Africa, Femi Otedola, as its new Chairman. FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the decision was made at...

January 31, 2024 No Responses

NNPC Woos South Korean Gas Investors

The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The discussions which held in Seoul, South Korea, yesterday were...

January 31, 2024 No Responses

Court Adjourns Suit Against Proof Of Vehicle Ownership Levy

A Federal High Court sitting in Abuja has adjourned a suit seeking to stop the imposition of an annual levy for a certificate of proof of vehicle ownership in the country till March 4, 2024. The Federal Government had in...

January 31, 2024 No Responses

Reps Grills Customs Over Non-Submission Of Three Years Financial Statement

The House of Representatives Public Accounts Committee on Tuesday grilled the officials of the Nigerian Customs Services over the non-submission of audited financial statements for the 2016, 2017, and 2018 financial years to the Auditor General of the Federati...

January 31, 2024 No Responses

Edo Attains N62b IGR In 2023

Despite a challenging economic crisis fueled by the removal of fuel subsidy, Edo State Internally Generated Revenue (IGR) grew by over 40 percent in 2023, recording N17bn increase from the N45bn generated in 2022. The Chairman, Edo Taskforce on Internally...

January 31, 2024 No Responses

Etihad Cargo Attains IATA CEIV Lithium Batteries Certification

Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved the International Air Transport Association’s (IATA) Centre of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification. The carrier is the third M...

January 30, 2024 No Responses

NDDC Partners Indigenous Firm In Cassava Starch Production

Niger Delta Development Commission (NDDC) is prepared to go into partnership with an indigenous cassava starch manufacturing factory in Sagbama Local Government Area of Bayelsa State as part of measures to create job opportunities for the youths.The NDDC Execu...

January 30, 2024 No Responses

Toyota Halts Shipment Over Certification Concerns

Toyota Motor has suspended shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities in certification tests for diesel engines. A special investigative committee found irregularities during horsepower output ...