Citybusinessnews Archives — Page 57 of 59

May 2, 2022 No Responses

NPA Implores Stakeholders On Rules, Regulations

The Nigerian Ports Authority NPA has pledged to ensure every port player plays by the rule of engagement. The General Manager, Monitoring and Regulatory Services, Eniola Williams gave the assurance in Lagos, during a tour of the ports, by the...

May 2, 2022 No Responses

Indians In Nigeria Commemorate Country’s 75th Independence

No fewer than 400 Indians in Nigeria on Monday engaged in different forms of physical exercise like yoga, aerobics, dance, running and cultural performance to commemorate India’s 75 years of independence. The programme tagged, “Run 4 Unity”, held at the....

May 1, 2022 No Responses

Ondo Recruits 800 Health Workers

The Ondo State government, says over 800 health workers have been employed to fill the gap in the health sector in the state in the last one year. Dr Francis Akanbiemu, Permanent Secretary, State Primary Health Care Development Agency(OSPHCDA),...

May 1, 2022 No Responses

Workers Day: TUC Urges FG ,ASUU To Resolve Difference

Trade Union Congress (TUC), Kaduna State Council has called on the Federal Government, as a matter of urgency, to resume negotiations with the Academic Staff Union of Universities (ASUU) over its prolonged strike. Comrade Abdullahi Danfulani, state...

May 1, 2022 No Responses

NLC Urges C/River Govt To Implement Promotion, Minimum Wage

The Nigeria Labour Congress (NLC) in Cross River State on Sunday called on Gov. Ben Ayade to implement workers’ promotion from 2016 till date. Chairman of NLC in the state, Mr Ben Ukpepi, made the call in Calabar during...

May 1, 2022 one Response

NDLEA Intercepts N1.1b Travellers’ Cheques, 10.89kg Cocaine At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has intercepted travellers’ cheques in various foreign currencies of over N1.1billion at the Murtala Muhammed International Airport, (MMIA), Ikeja, Lagos. A statementr issued on Sunday by Director, ...

April 30, 2022 No Responses

Flour Mills Secures Approval To Acquire 76% Stake In Honeywell

Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by...

April 30, 2022 No Responses

Ministry Tasks LADOL On Local Content, Youth Employment

The Permanent Secretary, Ministry of Transportation, Dr Magdalene Ajani, has urged the Lagos Deep Offshore Logistics Base (LADOL), to promote local content and youth employment. Ajani, in a statement said this was in furtherance of the Federal Governmen...

April 30, 2022 No Responses

20 Pension Fund Administrators Meet Deadline For N5b Minimum Capital

Twenty Pension Fund Administrators (PFAs) met PenCom’s deadline to increase their Minimum Regulatory Capital (shareholders’ fund) from N1 billion to N5 billion by April 27. Pension Commission (PenCom) made the declaration in a statement it issued in Lag...

April 14, 2020 No Responses

IMF Projects Recession For Sub-Saharan Africa In 2020

Sub-Saharan Africa’s gross domestic product is expected to contract 1.6 per cent this year, compared with 3.1 per cent growth in 2019, as the coronavirus pandemic wrecks the region’s economies, the International Monetary Fund said on Tuesday.Various Africa...

December 2, 2019 No Responses

Dangote Refinery Takes Delivery Of Crude Refining Equipment

The Dangote Oil Refinery Company on Sunday took delivery of what it described as the world’s largest crude distillation equipment. Capt. Rajen Sachar, Head, Maritime and Ports Infrastructure of Dangote, told newsmen at the arrival of the equipment in Lagos.....

October 8, 2019 No Responses

Photo News

Minister of State for Transportation, Senator Gbemisola Ruqqayah Saraki (middle) in a photograph with some women in the maritime sector (from right), Dr. (Mrs.) Felicia Mogo, Mrs. Chinwe Ezenwa, Mrs. Mfon Usoro, (from left) Mrs. Irene Macfoy, Obiageli Obi and....

October 8, 2019 No Responses

2020 Budget: Debt To Gulp N2.45tri

President Muhammadu Buhari on Tuesday presented a budget estimate of N10.33 trillion for the year 2020 to a joint session of the National Assembly.The President, while giving a breakdown of the budget estimates, explained that Debt service is estimated at...

October 4, 2019 No Responses

Fidelity Bank Unveils GAIM Season 4

Fidelity Bank Plc on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the culture of savings amongst Nigerians. The Savings campaign which will ride primarily on digital technologies is one...