Sanwo-Olu, FRSC Boss, Others To Grace NAJA Award 

Sanwo-Olu, FRSC Boss, Others To Grace NAJA Award 

The Lagos State Governor, Babajide Sanwo-Olu, and the Corps Marshal of the Federal Road Safety Corps (FRSC), Dauda Biu, will be special guests at the forthcoming Nigeria auto industry award scheduled to hold at the Oriental Hotel in Victoria Island,...
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NPA Boss Bags Vanguard Public Sector Icon Award 

NPA Boss Bags Vanguard Public Sector Icon Award 

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko has been honoured as the Public Sector Icon of the year 2022 by Vanguard newspaper.  Bello-Koko was honoured for his contributions to the Nigerian economy through various far-reaching ...
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Fuel Scarcity Worsens, Bites Harder In FCT

Fuel Scarcity Worsens, Bites Harder In FCT

Residents and motorists in the Federal Capital Territory (FCT) and its environ have continued to lament the hardship being experienced as scarcity of Premuim Motor Spirit (PMS), known as petrol worsened.  A correspondent of the News Agency of Nigeria (NAN...
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Tincan Customs Command Generates N574.3b In 2022 

Tincan Customs Command Generates N574.3b In 2022 

Between January and December, 2022, the Nigeria Customs Service (NCS), Tincan Island Port Command, generated a revenue of N574.3 billion.  The Customs Area Controller (CAC), Tincan Island Port Command, Comptroller Olakunle Oloyede, disclosed this at a new...
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Stock Market Closes Week With N52b Decline

Stock Market Closes Week With N52b Decline

The Nigerian Exchange (NGX) closed negative due to buy-interests and sell-offs in large and small capitalised stocks.   Also, the market capitalisation dropped by N52 billion to close at N28.681 trillion as against N28.733 trillion posted at the previous...
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CNS Flags-Off Obangame Express With Nine Ships, Two Helicopters, Others 

CNS Flags-Off Obangame Express With Nine Ships, Two Helicopters, Others 

The Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo, on Friday flagged-off the 13th Obangame Express with nine ships, two helicopters, maritime awareness domain assets and elements of the Special Boat Services (SBS).  Gambo flagged-off the maritime exer...
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Ecobank Ellevate Partners Ananse Africa, MasterCard Foundation, Train Fashion Entrepreneurs

Ecobank Ellevate Partners Ananse Africa, MasterCard Foundation, Train Fashion Entrepreneurs

Ecobank Ellevate has partnered Ananse Africa and MasterCard Foundation to train fashion entrepreneurs and creatives in Nigeria.   A statement sent to City Business News explained that Ecobank Ellevate is a proprietary service offering designed for bu...
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FIFA Bans Four Uruguay Players

FIFA Bans Four Uruguay Players

Uruguay’s Fernando Muslera and Jose Maria Gimenez were hit with four-match bans by FIFA on Friday.  While Diego Godin and Edinson Cavani were suspended for a game each after they confronted the referee following their World Cup match against Ghana.&nbsp...
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AfDB Commits $10bn To Drive  Food Security In Africa 

AfDB Commits $10bn To Drive  Food Security In Africa 

The African Development Bank (AfDB) Group is to commit $10 billion over the next five years to make Africa food secure.  The president of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa Food Summit in Diamniadio,...
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FEC Approves N1.6b Augmentation For Benue Road  

FEC Approves N1.6b Augmentation For Benue Road  

The Federal Executive Council (FEC) has approved an additional N1.6 billion being augmentation sum for Manyam-Ushongo-Lessel-Kartyo-Oju-Agila road project in Benue State.  The Minister of Information and Culture, Lai Mohammed, disclosed this to State Hous...
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Lassa Fever: Etsako-West Confirms 38 Cases, Esan West 24 

Lassa Fever: Etsako-West Confirms 38 Cases, Esan West 24 

The Edo State Commissioner for Health, Prof. Obehi Akoria, on Wednesday, said Etsako West, Esan West and Esan North East were the most affected local government areas by Lassa fever in the state, urging for the collaboration of residents to...
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Hyundai Reveals All-New KONA SUV

Hyundai Reveals All-New KONA SUV

Hyundai Motor Company has revealed details of its new generation KONA subcompact Sports Utility Vehicle (SUV) for Korea, with information about the global model coming in March, 2023.   According to information obtained by City Business News, the ups...
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Geely Records 1,432,988 Sales In 2022 

Geely Records 1,432,988 Sales In 2022 

Geely Auto has announced its December and annual sales figures for 2022: 146,017 passenger cars were sold in December, and the total cumulative sales of Geely Auto for 2022 reached 1,432,988 units, up 8% year-on-year, with production and sales exceeding...
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NIMASA Task Banks On $350m Cabotage Fund Guidelines 

NIMASA Task Banks On $350m Cabotage Fund Guidelines 

The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of $350 million Cabotage Vessels Finance Fund (CVFF).  The PLIs approved ...
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