Economy. Archives — City Business News

December 17, 2024 No Responses

Ethiopian Airlines, Air Congo Seal Partnership

Ethiopian Airlines, on Tuesday, announced partnership with the Government of the Democratic Republic of the Congo (DRC) for the establishment of Air Congo.Air Congo’s operations began with two Boeing 737-800 aircraft, serving domestic markets, starting with seven airports within the...

December 16, 2024 No Responses

CGC To Comptroller Olomu: Sustain Tempo Of High Revenue With Compliance

Comptroller General of Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has commended the Area Controller of Apapa Port Command, Comptroller Babatunde Olomu, for the command’s outstanding revenue collection of over N2.2trillion and urged him to sus...

December 4, 2024 No Responses

Senate Passes Investments, Securities Bill 2024

In a major boost to the operations of the Securities and Exchange Commission(SEC) and the Nigerian capital market, the Senate has passed the Investments and Securities Bill 2024.The Investments and Securities Bill, meant to repeal the Securities and Exch...

November 29, 2024 No Responses

UBA Photo News

Group Chairman, United Bank for Africa (UBA) Plc, Mr Tony O. Elumelu, CFR; French Minister of Finance, Mr. Antoine Armand signing a landmark business cooperation agreement for the development of UBA’s full banking operations in France. Watching on are Presid...

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 he...

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...