Citybusinessnews Archives — Page 45 of 59

January 30, 2023 No Responses

FRSC Boss Recommends Construction Of Barricades On Ojuelegba Bridge

The Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Biu has expressed concern over recurring container crashes on Ojuelegba bridge in Lagos and called for barricades to stop articulated vehicles from using the bridge. Biu said this in a statement...

January 30, 2023 No Responses

Buhari Congratulates Osinbajo’s Father-In-Law, Pa Soyode At 80

President Muhammadu Buhari on Sunday congratulated Chief Olutayo Soyode, father-in-law of Vice-President Yemi Osinbajo, on his 80th birthday. The vice-president, alongside his wife, Dolapo on Sunday, graced the Thanksgiving Service and luncheon held in c...

January 25, 2023 No Responses

Maersk, MSC Terminate Alliance

Container shipping giants, MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, have agreed to terminate the 2M alliance, effective in January 2025. 2M is a container shipping line vessel sharing agr...

January 25, 2023 No Responses

NIMASA Photo News

January 25, 2023 No Responses

Man Beats Lover To Death In Bayelsa

A man, Mr Arepamowei Koru, who hails from Ogobiri Community in Sagbama Local Government Area of Bayelsa, has allegedly beaten his 22-year-old girlfriend, Miss Toma Angolo, to death. The two lovers were said to be cohabiting at the man’s...

January 25, 2023 No Responses

Nigeria Confirms 77 Cases Of Lassa Fever In Ondo, Edo, Ebonyi, Others

The Nigeria Centre for Disease Control and Prevention (NCDC) registered 77 new Lassa fever cases and six-related deaths between January 9 and January 15, 2022. In a statement on Wednesday, NCDC explained that the new cases were recorded in 25...

January 25, 2023 No Responses

Union Bank Save & Win Palli Promo Grand finale Holds Jan 27

Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion.A statement sent to City Business News explained that the grand finale event, which is set to hold...

January 24, 2023 No Responses

CBN Raises Interest Rate To 17.5%

Against projections by some experts, the Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) has increased the monetary policy rate by 100 basis points to 17.5 per cent. This is contained in a communiqué issued at the end...

January 24, 2023 No Responses

Photo News

January 24, 2023 No Responses

PTML Customs Command Generates N229.5b In 2022

Between January and December, 2022, the Nigeria Customs Service (NCS), Ports and Terminal Multiservice Ltd. (PTML) Command generated N229.5 billion. The Customs Area Controller PTML Command, Suleiman Bomai said this at a media conference on Tuesday in La...

January 24, 2023 No Responses

Edo Refinery Begins Production

Edo State Government-backed Edo Modular Refinery has commenced production at its 6,000bpd plant in Ologbo, Ikpoba Okha Local Government Area. A statement sent to City Business News on Tuesday explained that the facility with its feedstock can produce 50 ...

January 24, 2023 No Responses

Edo, Port of Antwerp, Seal Benin River Port Partnership

The Edo State Government has concluded plans with the Port of Antwerp from Belgium as part of measures to finalize the Benin River Ports project. This was gathered from a meeting of the Benin River Port (BRP) Project Committee with...

January 24, 2023 No Responses

Buhari Seeks Senate’s Confirmation Of Ex-I-G Arase As Chairman PSC

President Muhammadu Buhari has written the Senate seeking the confirmation of the appointment of former Inspector-General (I-G) of Police Solomon Arase (retd), as Chairman, Police Service Commission (PSC). The request is contained in a letter addressed t...

January 24, 2023 No Responses

Emefiele: Stamp Duty Revenue Is N370b Not N89trillion

The total revenue collected as stamp duty in six years between 2016 and 2022 is N370,686 billion, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, disclosed on Tuesday. A House of Representatives member, Alhaji Muhammed Kazaure, ...