City Archives — Page 45 of 489

May 7, 2024 No Responses

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...

May 6, 2024 No Responses

NDLEA Smashes Drug Syndicate

The National Drug Law Enforcement Agency (NDLEA) has smashed an international drug syndicate with networks in parts of Nigeria, South Africa and Thailand Meanwhile, no fewer than five members of the cartel were arrested in a two-week intelligence led operation...

May 6, 2024 No Responses

Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria. Speaking at an event organized by the National Council on Nutri...

May 5, 2024 No Responses

Firm Orders Six Cargo Ships

French sailing freight transport company, TransOceanic Wind Transport (TOWT) has ordered six additional vessels from compatriot shipbuilder Piriou. The newbuilds are expected to debut in 2026 and 2027, TOWT said. The order comes as the company prepares to comm...

May 5, 2024 No Responses

Ikoyi Towers’ Squatters Get 48-Hour Quit Notice

The Lagos State Government has given a 48-hour quit notice to illegal occupants of abandoned Ikoyi Towers in Lagos Island. The state’s Commissioner for Environment and Water Resources Tokunbo Wahab gave the notice on Saturday during an inspection of so...

May 5, 2024 No Responses

Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians

President Bola Ahmed Tinubu has urged automotive manufacturers in Nigeria to facilitate the production of affordable vehicles for Nigerians. Tinubu made the remarks during a meeting with the African Association of Automotive Manufacturers (AAAM) and the ...

May 4, 2024 No Responses

Court Jails Ex-FCMB Manager 121 Years For N112m Fraud

Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former manager with First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting...

May 4, 2024 No Responses

Press Freedom Not License To Spread Fake News, Says Minister

Press freedom is not a license for practitioners to spread fake news, misinformation and disinformation, the Minister of Information and National Orientation, Mohammed Idris, has said. Idris stated this on Friday in Abuja while responding to questions from Jou...

May 4, 2024 No Responses

Shippers Council Thrift Society Declares N70.9m Dividend For 2023

The Nigeria Shippers Council (NSC) Staff Multipurpose Cooperative Society Limited has declared N70.9million (N70,927,361.19) dividend and net surplus of N141.9million (N141,854,723.73) for the fiscal year 2023, compared to net surplus of N88.9millio...

May 3, 2024 No Responses

Minister Reiterates FG’S Commitment To Fast- Track Development In Auto Sector

The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris NKIRUKA Uzoka-Anite has reiterated the Federal Government’s commitment to boost development in the Nigeria Automotive Industry.The Minister stated this on Friday, 3rd May...

May 3, 2024 No Responses

Pope Appoints Substantive Bishop For Ahiara Diocese

The Holy Father has appointed Bishop Simeon Okezuo Nwobi, C.M.F., until now titular Bishop of Rusgunie and auxiliary of the apostolic administrator sede vacante of Ahiara, as Bishop of the diocese of Ahiara, Nigeria.Bishop Simeon Okezuo Nwobi, C.M.F., was born...

May 3, 2024 No Responses

Youth Empowerment: UBA Employs 398 Across Africa

United Bank for Africa (UBA), held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where 398 young Africans were inducted into the UBA Tribe after a rigorous six-month hands-on-work and learning experience.Th...

May 3, 2024 No Responses

NADDC Partners AAAM, NAMA On Growth Of Nigeria’s Automotive Industry

The National Automotive Design and Development Council (NADDC) has initiated a strategic partnership with the African Association of Automotive Manufacturers (AAAM) and the Nigerian Automotive Manufacturers Association (NAMA) as part of measures to foster the ...

May 3, 2024 No Responses

Seaports Unveil Top Nine Priorities

In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a strong...