Development Archives — City Business News

March 6, 2025 No Responses

Nigeria Joins European Bank As Shareholder

Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD). This addition brings the total number of EBRD shareholders to 77, comprising 75 national shareholders alongside the European Union and the European Investment Bank. In April 2024, Nigeria...

January 13, 2025 No Responses

GOCOP Lauds Okpebholo For Appointing Edomaruse SA, Int’l Development

The Guild of Corporate Online Publishers (GOCOP) has applauded Edo State governor, Mr. Monday Okpebholo for the appointment of Mr. Collins Edomaruse as his Special Adviser, International Development Partners (IDP). President of GOCOP and Publisher o...

January 2, 2025 No Responses

Tinubu Tasks Govs On Grassroot Development

President Bola Tinubu has tasked the 36 state governors with leading development at the grassroots, saying the financial autonomy granted to local governments is not an attempt to snatch the third tier of government from governors. The President said the...

December 30, 2024 No Responses

NDDC Harps On Digital Learning

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, says the Commission is investing in digital learning because it holds the key to unlocking untapped potential and shaping the future of the Niger Delta region.Ogbuku, who....

December 20, 2024 No Responses

Okomu Oil Partners Group On Community Peace, Development

As part of measures to strengthen relationship with neighbouring communities, Okomu Oil Palm Company Plc (OOPC) has signed a Memorandum of Understanding (MoU) with the foundation for Partnership Initiatives in the Niger Delta (PIND), a non-profit organization ...

December 12, 2024 No Responses

NADDC, Senators Tour Mikano Auto Plant

The Director General, National Automotive Design and Development Council (NADDC), Joseph Osanipin, on Tuesday led the Vice Chairman and Members of the Senate Committee on Industry to Mikano International Limited Facility in Lagos State for an oversight visit.&...

December 6, 2024 No Responses

Lagos HOS: Staff Training, Key To Development

The Lagos State Head of Service, Mr. Bode Agoro, has stated that Governor Babajide Olusola Sanwo-Olu’s administration has been investing heavily in training and retraining of public servants in the State because of his strong belief that a skilled and...

December 5, 2024 No Responses

NDDC Reaffirms Commitment To Development In Niger Delta

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has reaffirmed the commitment of the Commission to executing impactful projects and fast-tracking development for the benefit of all the ethnic nationalities in the Niger ...

November 18, 2024 No Responses

Nigeria, India Harp On Investment Treaty, Trade, Cooperation

Nigeria’s President Bola Tinubu and Indian Prime Minister, Narendra Modi, have directed their officials to finalise pending bilateral trade agreements between the two countries. The leaders announced this in a joint statement issued on Sunday in Abuja at the...

September 14, 2024 No Responses

CNG: NADDC DG, Experts Rally Young Nigerians To Embrace Initiative

The National Automotive Design and Development Council (NADDC) in partnership with the Office of the Special Assistant to the President on Youth Initiatives, Monitoring, and Delivery has concluded a two-day programme aimed at equipping young Nigerians with car...

July 26, 2024 No Responses

Shettima, Sanwo-Olu, Others Harp On Collaboration For Effective Development

The Vice President of Nigeria, Senator Kasim Shettima and Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu have emphasised the importance of partnership, innovative thinking, and effective policies for shaping a new blueprint for sustainable development an...

July 17, 2024 No Responses

Access Bank Raises N442b Capital Through Syndicated Tier II Facility

Access Bank Plc has announced its partnership with the Dutch Entrepreneurial Development Bank (FMO). The occasion marked the signing of a monumental syndicate Tier II Facility agreement of USD295 million (the equivalent of about N442,500,000,000), underscori...

July 12, 2024 No Responses

Stakeholders Task Tinubu On Auto Industry Development Plan Bill

President Bola Ahmed Tinubu has been urged to facilitate signing into law the National Auto Industry Development Plan (NAIDP) bill.The automakers made the joint call via a communiqué issued after the Nigeria Auto industry Summit held in Lagos and delivered...

July 11, 2024 No Responses

NDDC Pledges To Accelerate Development With 2024 Budget

The Niger Delta Development Commission, NDDC, has promised that the early approval of the Commission’s 2024 budget will help to fast-track the development and socio-economic transformation of the Niger Delta region.The NDDC Managing Director, Dr Samuel Ogbuk...