Economy – Page 148 – City Business News

February 8, 2024 No Responses

FG Trains, Empowers 250 Farmers

The Federal Ministry of Agriculture and Food Security (FMAFS) has commenced training and empowerment of 250 beneficiaries of National Poverty Reduction with Growth Strategy (NPRGS) in Bayelsa.Permanent Secretary in the ministry, Mr Temitope Fadeshemi, said this on Wednesday during the flag-off...

February 8, 2024 No Responses

Royal Father To FG: Regulate Foodstuffs Prices To Reduce Suffering

OBA Rafiu Balogun, the Elejirin of Ejirin Kingdom in Epe, Lagos State, has called on the Federal Government to regulate prices of foodstuffs and other household commodities. Balogun said that the measure would reduce the suffering of poor Nigerians. The...

February 7, 2024 No Responses

Ministers, CBN, FIRS Pledge To Address High Cost Of Living

The Minister of Finance, Mr Wale Edun, and the Minister of Budget and National Planning, Atiku Bagudu, have assured Nigerians that the high cost of living being witnessed by Nigerians is currently being addressed. Mr Olayemi Cardoso, the Governor of...

February 7, 2024 No Responses

CBN Gov Pledges To Tackle Unauthorised Withdrawals

The Central Bank of Nigeria (CBN) has pledged to deal decisively with any bank found sabotaging monetary policies or guilty of unauthorised withdrawals from customer accounts. The Governor of the apex bank, Mr Olayemi Cardoso made the pledge on Tuesday...

February 7, 2024 No Responses

Senate Reiterates Commitment To Capital Market-Driven Reforms

February 7, 2024 No Responses

Access Bank, JICA Seal $75m Loan Agreement

Access Bank Plc has taken a significant stride towards environmental sustainability with the signing of a historic loan agreement with the Japan International Cooperation Agency. Valued at $75 million, it is JICA’s first private sector investment finan...

February 6, 2024 No Responses

SIFAX Group Consortium To Collaborate With FG, LASG On Aviation Development

SIFAX Group and its aviation partner, Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government to develop the country’s aviation sector. SIFAX Group, through one of...

February 5, 2024 No Responses

NCDMB Parleys Chevron, To Fast-Track Approvals For Oil Industry Projects

The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted to it by operating oil and gas companies. According to NCDMB, the goal is to ensure speedy developm...

February 5, 2024 No Responses

NLNG Trains Women Journalists On Digital Communication Skills

Nigeria LNG Limited has concluded another edition in the series of #NLNGChangeYourStory workshops, focusing on arming women journalists with cutting-edge digital communication and social media skills for reporting gender-based issues. From 30th Jan...

February 3, 2024 No Responses

UBA Appoints Mulili, Samoura As MD/CEO In Kenya, Sierra Leone

United Bank for Africa (UBA) Plc has appointed Ms. Mary Mulili and Mr Mohamed Alhajie Samoura, as the new Managing Directors/Chief Executive Officers of its subsidiaries in Kenya and Sierra Leone respectively. Ms. Mulili’s appointment marks a signi...

February 3, 2024 No Responses

Passengers, Luxury Bus Transporters Fault 333 % Hike In Service Charge On Travellers At Oshodi Terminal

There is an uneasy calm at the section of the Oshodi Terminal Interchange (OTI) occupied by long-distance luxury bus transporters following a sharp increase in service charge collected from passengers by the management of the facility. The service was raised ...

February 2, 2024 No Responses

Atiku Faults FG’s Plan To Remit NNPC Crude Oil Revenue To CBN

The presidential candidate of the Peoples Democratic Party (PDP) in the last general election, Atiku Abubakar, has described the directive from the federal government to remit revenue from the sale of crude oil to the Central Bank Nigeria (CBN) of...

February 2, 2024 No Responses

Adenike Aboderin Resumes As MD SAHCO

The Board of the Skyway Aviation Handling Company (SAHCO) Plc has confirmed the appointment of Adenike Aboderin as Managing Director/Chief Executive Officer with effect from the 1st of February 2024. Mrs. Adenike Aboderin who is taking over from Basil Agboarum...

February 1, 2024 No Responses

Reps Committee Approves N706.67b As NCS 2024 Budget

The House of Representatives Committee on Customs and Excise has approved N706.67 billion as the Nigerian Customs Service (NCS) budget for its 2024 operations. Rep. Leke Abejide (ADC-Kogi), the Chairman of the Committee, stated this after a budget defence sess...