Economy – Page 131 – City Business News

April 29, 2024 No Responses

NGF Seeks Safer Transportation Of Petroleum Products

Discussions are advancing among the 36 state governors and strategic federal agencies in the oil and gas industry over the adoption of safer methods of transportation of petroleum products across the country, the Nigerian Governors Forum (NGF) disclosed on Sunday....

April 29, 2024 No Responses

Dangote: Industrialization key To Diversification Of The Economy

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional Sales Director, Lagos/Ogun Dangote Cement PLC, Mr Tunde Mabogunje, disclosed this at the ongoing 13th ...

April 28, 2024 No Responses

120 Vehicles Burnt As Tanker Explosion Causes Carnage In Rivers

More than 120 vehicles and goods worth estimated billions have been destroyed in tanker fire along the East-West Road in Rivers State. Rivers State Governor, Siminalayi Fubara, who visited the scene of the devastating tragedy on Saturday, confirmed five ...

April 28, 2024 No Responses

Lagos-Calabar Coastal Road: Demolition Of Structures Begins

The Minister of Works, David Umahi has flagged off the demolition of buildings on the right of way of the Lagos-Calabar Coastal Road. The demolition exercise began at the Mani Chula Beach, Oniru Waterfront on Saturday. The minister said compensation...

April 27, 2024 No Responses

Tinubu Appoints Jim Ovia As Chairman Education Loan Fund

President Bola Tinubu has appointed renowned banker and businessman, Mr. Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). Ovia is the founder of Zenith Bank Plc and an alumnus of Harvard Business School and...

April 27, 2024 No Responses

Edo 2024: Obaseki, Igbinedion, Danjuma, Ikimi, Others Lead PDP Campaign Council

The Edo State Governor, Mr. Godwin Obaseki has been named head of the Advisory Committee for the 2024 Edo State Peoples Democratic Party (PDP) Governorship Campaign Council, with the Esama of Benin Kingdom, Chief Gabriel Igbinedion and National Leader of...

April 26, 2024 No Responses

Netherlands To Invest $250m In Nigeria

Prime Minister of Netherlands, Mark Rutte has announced $250 million fresh investments in Nigeria. The Prime Minister made the announcement during a meeting with Nigeria’s President Bola Tinubu, who is currently undertaking a three-day visit to t...

April 26, 2024 No Responses

MTN, Airtel, Glo, Others Set To Raise Tariff

MTN, Airtel and Globacom have pushed for cost-reflective tariff in view of extant economic realities. This was contained in a statement jointly released by the Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of Telecommun...

April 25, 2024 No Responses

Nigeria Customs Reaffirms Commitment To Gender Equality

The Nigeria Customs Service (NCS) has reiterated its dedication to promoting gender equality in decision-making processes as part of its efforts to combat gender discrimination and gender-based violence.At a capacity-building workshop on gender inclusivity, co...

April 25, 2024 No Responses

Nigeria Revokes Additional 924 Dormant Mineral Licences

The Federal Government has revoked an additional 924 dormant mineral licences with immediate effect. The revoked mineral licences which include 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 small-scale mining licenses, were disclosed...

April 25, 2024 No Responses

Ogbuku: Technology, Key To Growth In Niger Delta

The Managing Director, Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has emphasised the importance of technology in driving economic growth and social development in the Niger Delta region. Speaking at the Port Harcourt Tech Expo 2024, Ogbuku, sa...

April 25, 2024 No Responses

Obaseki Rallies Stakeholders In Uhunmwode, Orhionmwon On Regional Development

The Edo State Governor, Mr. Godwin Obaseki, on Wednesday, met with residents and other stakeholders in Orhionmwon and Uhunmwode Local Government Areas (LGAs) of the State to seek their support and input in the State’s Regional Development and Benin City...

April 24, 2024 No Responses

Minister, NADDC Boss, Others To Speak At Nigeria Auto Industry Summit

All is now set for the maiden edition of the Nigeria Auto Industry Summit (NAISU) being organized by the Nigeria Auto Journalists Association (NAJA) in partnership with the National Automotive Design and Development Council (NADDC).Scheduled to hold at Radisso...

April 24, 2024 No Responses

Shippers Council Registers 160 Port Operators

The Nigerian Shippers Council (NSC) has enrolled 160 port stakeholders into its Regulated Port Service Provider and Users platform since the initiative began in 2023. The Executive Secretary of NSC, Mr Pius Akutah, made the disclosure to the News Agency....