Economy – Page 124 – City Business News

May 30, 2024 No Responses

Tinubu Inaugurates N10b Ibeno Bridge

President Bola Ahmed Tinubu has applauded the Niger Delta Development Commission, NDDC, as he inaugurated the N10 billion Iko-Atabrikang-Opolom-IwuoAchang Road project, which includes the 600-meter Ibeno Bridge, in Ibeno Local Government Area of Akwa Ibom State.Speaking at the commissioning ceremony,...

May 30, 2024 No Responses

FRSC Produces 3.56m Number Plates

The Federal Road Safety Corps (FRSC) produced a total of 3,563,759 number plates for motor vehicles and motorcycles between 2020 and 2022. According to the National Bureau of Statistics (NBS), FRSC produced number plates for motor vehicles tot...

May 29, 2024 No Responses

Dosunmu Canvasses Support For LG Autonomy

Former Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) and public policy analyst, Dr. Ade Dosunmu has described the proposal by the Federal Government to grant full autonomy to the local governments in Nigeria as a welcome develop...

May 29, 2024 No Responses

Chery Displays Style, Strength In Lagos

By citybusinessnews@yahoo.com. – The test drive was an opportunity for the growing list of Chery fans to experience the vehicles firsthand, understand its features, and assess its overall performance.Take off point was the Carloha Showroom in Alapere, La...

May 29, 2024 No Responses

Lagos Unveils Transport Policy, 15 New Boats

Lagos State Government is committed to implementing rigorous safety protocols to protect commuters by leveraging cutting-edge technologies and enhance traffic management in the State. The Governor, Mr. Babajide Olusola Sanwo-Olu stated this on Tuesday while sp...

May 28, 2024 No Responses

Shell Partners Hyundai On Liquefied Hydrogen Carriers

South Korean shipbuilding conglomerate HD Hyundai has partnered with UK energy major Shell to work on the development of large liquefied hydrogen (LH2) carriers. HD Hyundai’s units HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and HD Hyundai ...

May 28, 2024 No Responses

Keyamo: Nigeria Air Remains Suspended Indefinitely

The Nigeria Air project remains suspended indefinitely, Minister of Aviation and Aerospace Development, Festus Keyamo, declared on Monday. Reeling out the achievements of the aviation sector at the 3rd ministerial updates on in Abuja, Keyamo s...

May 27, 2024 No Responses

Reps Committee Harps On Shipping Bill Benefits To Maritime Industry

When passed into law, the Nigerian Shipping and Port Economic Regulatory Agency Bill will curb arbitrary charges and other illegality from operators in the nations maritime industry, the House Committee on Shipping Services and Related Matters, reiterated on M...

May 27, 2024 No Responses

House Committee Seeks Alternative Funding For Deep Blue Project

Honorable Uduak Odudoh, the Acting Chairman of the House Committee on Maritime Safety, Education and Administration, has called for seeking alternate sources of funding for the Federal Government Integrated National Security and Waterways Protection Infr...

May 27, 2024 No Responses

Tinubu Lauds Dangote, Celebrates Oworonshoki-Apapa Expressway Project

President Bola Ahmed Tinubu has described the newly commissioned Oworonshoki-Apapa Expressway as the Tenth Wonder of the World. This is just as he commended the President of Dangote Industries Limited, Alhaji Aliko Dangote, for his selflessness in actual...

May 26, 2024 No Responses

TINUBU: LAGOS-CALABAR COASTAL HIGHWAY WILL REVOLUTIONIZE TRANSPORTATION, BOOST TOURISM

President Bola Tinubu, on Sunday in Lagos, flagged off the construction of the 700km Lagos-Calabar Coastal Highway, stating that the project would revolutionize transportation in Nigeria and bolster the unique economic strength of each zone.The President spoke...

May 26, 2024 No Responses

Shippers’ Council Harps On Early Completion Of Vehicle Transit Areas

As part of measures to promote non oil export, the Nigerian Shippers’ Council (NSC) has is to fast track completion of Vehicle Transit Areas (VTAs) across the Inland Dry Ports (IDPs).Briefing Journalists in Aba, Abia State, the Executive Secretary and...

May 26, 2024 No Responses

TotalEnergies Shareholders Okay €3.01 Per Share Dividend For 2023

Shareholders of TotalEnergies SE have approval the 2023 financial statements and payment of an ordinary dividend of €3.01 per share. Other resolutions approved by the board include: Renewal of the three-year terms as Directors of Mr. Patrick Pouy...

May 26, 2024 No Responses

Kano: NNPP Warns Against State Of Emergency

The New Nigeria People’s Party (NNPP) has warned against the declaration of a state of emergency in Kano State due to the current Emirship tussle in the state. In a statement on Saturday, a spokesman for the party, Ladipo Johnson,...