Economy – Page 117 – City Business News

June 30, 2024 No Responses

Firm Receives New LPG Carrier

Japanese shipping major NYK, compatriot liquefied petroleum gas (LPG) trader and importer Astomos Energy Corporation have held a delivery and naming ceremony for a new LPG dual-fuel LPG/ammonia carrier. The gas carrier has a length of 229 meters, a breadth...

June 29, 2024 No Responses

Photo News

CNG Powered Kia Rio on Display at the just concluded Nigeria Auto Industry Summit (NAISU) organised by Nigeria Auto Journalists Association (NAJA) in collaboration with National Automotive Design and Development Council (NADDC).

June 29, 2024 No Responses

Photo News

Photo News: Deputy Director, Industry Development Department, Federal Ministry of Industry, Trade and Investment,Mrs Olumuyiwa Ajayi-Ade, at Mikano Motors stand, inspecting CNG powered Pick-Up at the just concluded Nigeria Auto Industry Summit (NAISU) organise...

June 29, 2024 No Responses

CBN Issues Fresh Foreign Currency Deposit Guidelines

The Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex bank. This directive was contained in a circular issued by the Director of Currency Operators,...

June 29, 2024 No Responses

Uzoka-Anite’s Remarks At The Nigeria Auto Industry Summit

Remarks of the Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite at the Nigeria Auto Industry Summit (NAISU) held in Lagos, June 27, 2024. The Minister was represented by Deputy Director, the Industry Development Department, Mrs Olumuyiwa Ajayi...

June 28, 2024 No Responses

Presco Appoints Acting Company Secretary

The Board of Directors of Presco Plc has approved the appointment of the law firm of Abdulai, Taiwo & Co as Acting Company Secretary/General Counsel effective 1st July 2024. In a notice to the Nigerian Exchange Limited (NGX), its shareholders.....

June 28, 2024 No Responses

NPA Tops Presidential Ease-Of-Doing Business Ratings

The Nigerian Ports Authority (NPA) has emerged with a performance score of 100 per cent in the just concluded Cohort #3 of the Presidential Enabling Business Environment Council (PEBEC).In recognition of the dedication to driving the reforms, the Authority is....

June 28, 2024 No Responses

NADDC Boss Projects Economic Growth Through Automotive Industry

To boost the growth of the automotive sector of the nation’s economy, the National Automotive Design and Development Council (NADDC), in collaboration with the Nigeria Auto Journalist Association (NAJA), on Thursday, in Lagos, held the Nigeria Automotive...

June 28, 2024 No Responses

At Auto Summit, Minister, NADDC, NAMA, Others Harp On Collaboration, Infrastructure, Legal Framework

By Moses Ebosele, ebosele@hotmail.com – Nigeia’s automotive stakeholders have stressed the need for unambiguous legal framework and sustained infrastructure development as part of measures to tackle critical issues affecting the sector. Speaking at ...

June 27, 2024 No Responses

SEC, NGX Group Reiterate Commitment To Capital Market Digital Transformation

The Securities and Exchange Commission (SEC) and Nigerian Exchange Group Plc (NGX Group) have reaffirmed their dedication to the comprehensive digitisation of the capital market, aligning with the transformation strategy outlined in the revised Capital Market ...

June 27, 2024 No Responses

FG Approves Upgrade Of Ibadan Airport

Oyo State Governor, Seyi Makinde, disclosed on Wednesday that President Bola Tinubu has approved the upgrade of Ibadan airport, The governor said his administration’s efforts to have the Ibadan Airport, Alakia, upgraded to an international airport have yield...

June 26, 2024 No Responses

Obaseki Harps On Investment In Agriculture

The Edo State Governor, Mr. Godwin Obaseki, has said his government in the last seven and a half years, has prioritized investment in agriculture, boosting the capacity of farmers and creating a market for farm produce as part of efforts...

June 26, 2024 No Responses

Emefiele: Court Orders Final Forfeiture Of $1.4m

The Federal High Court, sitting in Lagos has ordered the final forfeiture to the Federal Government, of the sum of $1.4 million, linked to a former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Justice Ayokunle Faji gave the order...

June 25, 2024 No Responses

Cholera: Lagos Adopts New Strategy, Free Treatment

The Lagos State Government has announced the adoption of the One Health Strategy in response to the recent cholera outbreak in the state.Commissioner for Health, Professor Akin Abayomi, disclosed this today, Tuesday, June 25, 2024 at a press briefing on...