Economy – Page 100 – City Business News

September 20, 2024 No Responses

At AMES Summit, Experts Harp On AfCFTA, Indigenous Fleet, Training, Others

The African Continental Free Trade Area (AfCFTA) presents a majoropportunity for growth in shipping, but Nigeria needs shipping lines toparticipate.According to seasoned experts who spoke at the 16th Association of Marine Engineers and Surveyors (AMES) technical summit in Lagos, a...

September 20, 2024 No Responses

NNPC To Revive Brass, Olokola LNG Projects

As part of measures to maximise the nation’s abundant gas resources for economic development and prosperity, Nigeria National Petroleum Corporation Ltd (NNPCL) has commenced discussions with investors towards bringing back two Liquefied Natural Gas (LNG) pro...

September 20, 2024 No Responses

Coca-Cola Unveils $1b Investment In Nigeria

President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-...

September 20, 2024 No Responses

Edo Declares Friday Work-Free Day

The Edo State Government has declared Friday, September 20, a work-free day in the State to enable workers and other electorates travel to their voting areas ahead of the September 21 governorship election in the State.In a statement, Joseph Eboigbe,...

September 19, 2024 No Responses

Nigeria Targets $1.5b Revenue From Halal By 2027

Nigeria has embraced the Halal economy and is hoping to leverage the opportunities to add the sum of $1.5bn to the country’s GDP by 2027, Vice President Kashim Shettima has said. Shettima revealed this as he attended the Nigeria Halal...

September 19, 2024 No Responses

Edo 2024: Makinde Canvasses Support For Ighodalo

Oyo State Governor, Seyi Makinde, on Wednesday declared support for the Edo Peoples Democratic Party (PDP) governorship candidate, Asue Ighodalo. Makinde made this declaration at the groundbreaking ceremony for the upgrade of the Samuel Ladoke Akintola A...

September 19, 2024 No Responses

EFCC Harps On Enhanced Ethics In Accounting Profession

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has charged accountants across the country to show greater regard for the ethics of their profession and observance of the country’s financial regulations. He gav...

September 19, 2024 No Responses

Tinubu Congratulates Hamzat At 60

President Bola Tinubu celebrates the 60th birthday of the Lagos State Deputy Governor, Dr. Kadri Obafemi Hamzat, whom he describes as his esteemed colleague and trusted friend. In a special tribute released today, President Tinubu says that Hamzat’s contribu...

September 18, 2024 No Responses

Adeleke Vows To Revive, Complete Osun Airport

Osun State Governor, Ademola Adeleke has expressed his determination to revive and complete the almost 12 year old Osun Airport project to exit Osun as the only state in the South West without an airport.He made the declaration at the...

September 18, 2024 No Responses

ONSA, CSCS To Host 4th Cybersecurity Conferences

Central Securities Clearing System Plc (CSCS) Plc has announced the forthcoming 2024 Cybersecurity Conference, organized by the Office of the National Security Adviser (ONSA) and CSCS.A statement sent to City Business News on Wednesday explained that the event...

September 18, 2024 No Responses

NAFDAC Shuts Down Cosmetics Factory

The National Agency for Food and Drugs Administration and Control (NAFDAC) has shut down an illegal factory producing counterfeit cosmetic products at Benue Plaza, Trade Fair Complex in Lagos State. In a post on its X handle on Tuesday, NAFDAC...

September 18, 2024 No Responses

Floods: NDDC To Builds Six Multi-Purpose Emergency Shelters

The Managing Director of the Niger Delta Development Commission, NDDC, Dr. Samuel Ogbuku, has disclosed that the Commission in building six multi-purpose emergency shelters in Bayelsa, Delta and Rivers states for Internally Displaced Persons, IDPs, in the even...

September 17, 2024 No Responses

NNPCL/TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off

The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday.Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural....

September 17, 2024 No Responses

Nigeria Creates Disaster Relief Fund For Flood Victims

President Bola Tinubu on Monday announced a disaster relief fund in Maiduguri, Borno State, to assist Nigerian citizens impacted by floods and other disasters. He said the relief fund is already expedient as the climate becomes more unpredictable and many...