Economy Archives — Page 110 of 231

May 23, 2023 No Responses

KABIR MOHAMMED TAKES OVER AS FAAN MD

Kabir Yusuf Mohammed has resumed as the Managing Director/Chief Executive of the Federal Airports Authority of Nigeria. A statement sent to City Business News on Tuesday explained that this follows his appointment by the Federal Government after the expiration of...

May 23, 2023 No Responses

Nestlé Appoints Oyebode Board Chairman

The Board of Nestlé Nigeria PLC has appointed Mr. Gbenga Oyebode as the new Chairman of the Board of Directors with effect from May 18, 2023. The appointment announced to shareholders and other stakeholders at the Annual General Meeting of.....

May 22, 2023 No Responses

661 Containers Lost At Sea, Says World Shipping Council

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. City Business News report that the report covers the year 2022, sho...

May 22, 2023 No Responses

MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS

The Minister of Transportation, Engineer Mu’azu Jaji Sambo, in Lagos at the weekend commissioned five enforcement boats and four ferries for staff of the Nigerian Maritime Administration and Safety Agency, NIMASA. Also commissioned were newly acqui...

May 22, 2023 No Responses

BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.Speaking at the occasion attended by Heads of S...

May 22, 2023 No Responses

Photo News

May 20, 2023 No Responses

Photo News

L-R: Special Adviser to Ekiti State Governor on Infrastructure and Public Utilities, Prof. Bolaji Aluko; Ekiti State Governor, Mr Biodun Oyebanji; Head, European Union Delegation to Nigeria and ECOWAS, Ambassador Samuela ISOPI; Chief Economic Adviser to the Go...

May 19, 2023 No Responses

NPA Targets $198b Royalties From Private Seaports In Delta, Ondo, Lagos

Further to Nigerian Ports Authority’s resolve to deliver efficient port services through strategic port development, the Federal Executive Council (FEC) at its sitting on Wednesday, May 17, 2023, approved the development of three milestone port projects: the...

May 17, 2023 No Responses

Nigeria Unveils Revised National Agric Seed Policy

As part of measures to boost farmers’ unrestricted access to best genetics and enhance productivity, the Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar has unveiled Revised National Agricultural Seed Policy According to the Ministe...

May 16, 2023 No Responses

Okonjo-Iweala Cautions Nigeria On Debt Service To Revenue Ratio

The Director-General, World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, on Monday described Nigeria’s debt service to revenue ratio as alarming. Dr. Okonjo-Iweala, who spoke at the Nigeria Governors’ Forum (NGF) 2023 induction for newly elected gove...

May 15, 2023 No Responses

Lekki Port Adopts Electronic Call-Up System, Ready For Transhipments

The promoters of the Lekki Deep Sea Port- Lekki Port LFTZ Enterprise Limited (LPLEL) and the terminal operator-Lekki Freeport Terminal (LFT) have expressed the readiness of the Port for transhipment operations and restore the status of Nigeria as a cargo...

May 15, 2023 No Responses

Lekki Port: Clearance Of Goods Takes Five To Ten Days

The container terminal operator for the Lekki Deep Sea Port-Lekki Freeport Terminal, a subsidiary of the CMA/CGM Group, has assured shippers of a faster turnaround time for the clearance of goods from the Port, stating that it will take between five...

May 13, 2023 No Responses

NPA MD Bags Maritime Icon Of The Year Award

The Managing Director/ Chief Executive Officer of Nigerian Ports Authority (NPA), Mohammed Bello Koko has emerged Champion Newspapers’ Maritime Icon Of the Year Award. City Business News reports that the awards is in recognition of Koko...

May 11, 2023 No Responses

CJN Harps On Sustained Fight Against Piracy

The Chief Justice of Nigeria and Chairman, Board of Governors of the National Judicial Institute, Hon. Justice Olukayode Ariwoola, has stated that the judiciary has a role to play in all legal forms of fight against piracy, noting that a...