Economy. Archives — City Business News

October 23, 2024 No Responses

Shippers Council Seeks Amendment Of Act

The Executive Secretary, Nigerian Shippers Council (NSC), Pius Akutah, on Wednesday described the agency’s 1978 Act as obsolete.According to Akutah, the proposed amendment will align the agency with modern trend and development.Speaking at the Council headquarters when the Nigerian Maritime...

September 30, 2024 No Responses

Access Bank Strengthens Women Empowerment In Southern Africa

Access Bank Plc has reinforced its dedication to advancing women’s empowerment across Southern Africa with the relaunch of its ‘W’ Initiative in Zambia and Botswana.The ‘W’ Initiative, which provides a wide array of financial services and support pro...

September 4, 2024 No Responses

Again, Dangote Industries Emerges Most Valuable Brand In Nigeria

For the seventh consecutive years, Dangote Industries Limited has emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others.The latest report of the TOP 50 BRANDS NIGERIA rankings, an annual...

August 27, 2024 No Responses

Reps At Port & Cargo, To Partner Oyetola On Port Concession Renewal

The House of Representatives Committee on Privatisation and Commercialisation has assured port stakeholders of the readiness of the committee to collaborate with the Minister of Marine and Blue Economy, Mr. Gboyega Oyetola, to resolve the port concession renew...

June 30, 2024 No Responses

How To Lift Nigeria’s Auto Industry, By NAMA

Nigeria’s automotive industry holds significant potential to contribute to the country’s economic development, the Nigeria Auto Manufacturers Association (NAMA) has said.In his presentation at the maiden edition of the Nigeria Auto Industry Summit ...

November 15, 2023 No Responses

Air Peace Photo News

The Chief Executive Officer, Centre For The Promotion of Free Enterprise (CPPE), Dr Muda Yusuf; spokesperson of Air Peace, Stanley Olisa and Publisher of City Business News Online, Moses Ebosele at City Business News Summit in Lagos where Air Peace...

September 5, 2023 No Responses

Carloha Extetnds Tentacles To The Palms

By Moses Ebosele, ebosele@hotmail.com Carloha Nigeria, one of the leading automotive dealerships has unveiled its state-of-the-art showroom at The Palms, Lekki, Lagos State. Speaking at the clourful ceremony where the star attraction was ...

August 15, 2023 No Responses

NCC Showcases Indigenous Telecom Achievements At NTICE 2023 Expo

The Nigerian Communications Commission (NCC) is set to showcase achievements so far recorded in the promotion of indigenous content in the telecommunications sector at the second edition of the Nigerian Telecommunications Indigenous Content Expo (NTICE 2023), ...

May 1, 2023 No Responses

NAFDAC Probes Indomie Noodles

The National Agency for Food and Drug Administration and Control (NAFDC) has commenced investigation and is responding to the news of recalled Indomie noodles by Taiwan and Malaysia authorities. A statement issued on Monday explained that on May 2,20...

August 15, 2022 No Responses

Nigeria’s Inflation Rate Increases To 19.64% In July

Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis in July, 2022, the National Bureau of Statistics (NBS), has revealed . Prince Semiu Adeniran, the Statistician-General of the Federation and Chief Executive Officer, Nat...

May 17, 2022 No Responses

Dangote Cement Declares N413.2b Revenue, ₦105.9b Profit In Q1

For the first quarter (Q1) of 2022 ended March 31, 2022, Dangote Cement Plc recorded unaudited 24.2 percent increase in revenue and an 18 percent increase in profit after tax, amounting to N413.2 billion revenue and profit after tax of₦105.9 billion...

May 11, 2022 No Responses

NPA Awards Contract For Escravos Channel Dredging

As part of measures to revive the port in Delta State, the Federal Government has awarded contract for remedial dredging of Escravos channel. Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko, who disclosed this in ...

May 4, 2022 No Responses

5G Spectrum: NCC Issues Final Letters Of Licence Awards to MTN, Mafab Communications

The Nigerian Communications Commission (NCC) on Wednesday confirmed issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Mon...

May 21, 2020 No Responses

Minister To NIMASA Board: Complete Deep Blue Sea Project

The Minister of Transportation, Mr Rotimi Amaechi, has charged the newly inaugurated board of the Nigerian Maritime Administration and Safety Agency (NIMASA) to ensure speedy completion of the deep blue sea project. Amaechi, while inaugurating members of the b...