Economy – Page 105 – City Business News

August 28, 2024 No Responses

Tinubu To Visit China, Hold Talks With Xi Jinping

President Bola Tinubu will hold bilateral talks with his Chinese counterpart Xi Jinping at the Forum on China–Africa Cooperation Summit between September 4 and 6, 2024. Tinubu will visit China to represent the West African bloc ECOWAS at the Summit....

August 27, 2024 No Responses

Niger Lifts Ban On Mining

Niger State Government has suspended its ban on mining activities in the state, a year after Governor Umaru Bago placed the restriction. Acting Governor Yakubu Garba announced the suspension at the Government House in Minna, outlining the conditions for mining...

August 27, 2024 No Responses

Obaseki: Our Master Plan Is Not A Political Document

The Edo State Governor, Mr. Godwin Obaseki has said the Benin City and Edo State Regional Development Plan is not a political document but a guide to succeeding administrations to chart the continuous development and growth of the State. The...

August 26, 2024 No Responses

LNG: NNPC Expands Global Market Footprint To Japan, China

In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered...

August 26, 2024 No Responses

NDLEA Intercepts N2.2b Codeine Bottles At Seaport

THE National Drug Law Enforcement Agency (NDLEA) has intercepted no fewer than 1,596 cartons of codeine-based syrup containing 319,200 bottles of the opioid worth N2.2 billion in street value. In a statement on Sunday, NDLEA’s Director of Media and Advocacy,...

August 26, 2024 No Responses

Asue Ighodalo Vows To Tackle Insecurity, Boost Agriculture, Marine Economy, Others

The People’s Democratic Party (PDP) candidate in the September 21st Governorship Election in Edo State, Dr Asue Ighodalo has outlined his vision to address poverty and insecurity and improve economic development. He aims to make Edo a model o...

August 25, 2024 No Responses

Ogun, Oyo Get More CNG Conversion Centers

The Presidential Compressed Natural Gas Initiative (PCNGI) has launched nine additional conversion centers to the 55 existing conversion centers in Oyo and Ogun States. The launch of the nine CNG conversion centers in Oyo and Ogun States took place on...

August 24, 2024 No Responses

Shippers’ Council Unveils Digital Platform

The Nigerian Shippers’ Council (NSC) has unveiled its Electronic Regulatory Process Portal (ERPP),l.a digital platform designed to enhance According to NSC, platform is designed to regulate functions and promote efficiency in the port sector.The initiative i...

August 24, 2024 No Responses

NSML’s Training Centre Earns UK MCA Accreditation

NLNG Shipping and Marine Services Limited’s (NSML’s) Maritime Centre of Excellence (MCOE) has made history by becoming the first training centre in Africa to receive the highly sought-after accreditation from the UK Maritime and Coastguard Agency (UK MCA)....

August 24, 2024 No Responses

SANWO-OLU TASKS MANUFACTURERS ON TECHNOLOGY, INNOVATION

Lagos State Governor, Babajide Sanwo-Olu has tasked manufacturers to embrace new technology and innovation as tools that can significantly enhance productivity, optimise production processes, reduce waste and improve the quality of goods produced. Govern...

August 24, 2024 No Responses

Afriland Properties Declares N178.6m Interim Dividend

Afriland Properties Plc has declared an interim dividend for the half-year ended 30th June 2024. The real estate company explained that its Board of Directors had approved an interim dividend of 13 kobo per share, amounting to a total payout...

August 24, 2024 No Responses

Photo News

L-R: Boeing’s Field Service Representative, Mr. Kingsley Jarvis; Director General (DG), Nigeria Civil Aviation Authority (NCAA), Capt Chris Najomo and Boeing’s Director, Global Safety and Regulatory Affairs, Middle East and Africa, Chief Aerospace Safety O...

August 23, 2024 No Responses

Oando Completes $783m Acquisition Of Agip Oil Company

Oando Plc has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783m. The company announced this on Thursday in a statement by its Chief Compliance Officer and Company Secretary, Ayotola Jagun. The deal sees Oando, which.....

August 23, 2024 No Responses

NAFDAC Impounds Petrol Tankers For ‘Transporting Vegetable Oil’

The National Agency for Food and Drug Administration and Control (NAFDAC) has seized three petrol tankers used to convey edible vegetable oil in Lagos State. In a post on X on Wednesday, the agency said the oil had reportedly been...