Economy – Page 187 – City Business News

July 19, 2023 No Responses

IMO Gets New Secretary-General

The International Maritime Organization (IMO) Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama, for an initial 4-year term as the next Secretary-General. Valesco will start his tenure as of 1 January 2024, subject to the Assembly’s...

July 19, 2023 No Responses

NNPC Explains Increase In Fuel Price

The Nigerian National Petroleum Company Ltd, has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the market realities. The company’s Group Chief Executive Officer, Malam Mele Kyari, stated this in an interview...

July 18, 2023 No Responses

Petrol Pump Price Climbs to 617, 700 Naira in Lagos, Abuja

July 18, 2023 No Responses

NPA Generates N191.4b Revenue In Six Months, Remits N55.7b To CRF

The Nigerian Ports Authority (NPA) has generated a total revenue of N191, 430,093,501.00 (One hundred and ninety-one billion, four hundred and thirty million, ninety-three thousand and five hundred and one naira only) from its operations in the first half of.....

July 18, 2023 No Responses

NASENI Invites Producers of Lithium Batteries To Manufacture In Nigeria

The National Agency for Science and Engineering Infrastructure (NASENI) is calling on investors to collaborate with the Agency in local production and domestication of Lithium batteries among other renewable energy solutions. The Executive Vice Cha...

July 14, 2023 No Responses

Tinubu Declares State Of Emergency On Food Security

President Bola Ahmed Tinubu, on Thursday, in Abuja, declared a state of emergency on food security. According to the President, all matters pertaining to food and water availability and affordability, as essential livelihood items, be included within the purvi...

July 14, 2023 No Responses

Australia Appoints First Woman To Lead Central Bank

Australia’s central bank says it will be led by a woman for the first time since it was founded in 1960. Michele Bullock will succeed Philip Lowe, who is coming to the end of a seven-year term as governor of...

July 14, 2023 No Responses

Seplat CEO: Nigeria’s Upstream Sector Needs Success Stories To Attract More Investments

There is a severe need for funding in the upstream and midstream segment of the energy sector in Nigeria, and relevant success stories from the country will facilitate these investments, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown,...

July 14, 2023 No Responses

Obaseki Showcases Investment Opportunities In Edo

The Edo State Governor, Mr. Godwin Obaseki, on Thursday, at the BusinessDay CEO Forum, showcased investment opportunities in Edo as well as the impacts of the public-private partnerships that have translated to the remarkable transformation of various sectors ...

July 14, 2023 No Responses

UNITED CAPITAL LAUNCHES CAMPAIGN TO PROMOTE FINANCIAL INCLUSION FOR WOMEN

United Capital Asset Management Ltd., a subsidiary of United Capital Plc, has launched the #ThisGirlInvests campaign to promote financial independence and security for women across Nigeria. A statement explained that the campaign seeks to enc...

July 13, 2023 No Responses

Air Peace Begins Lome July 28, Announces Special Antigua Flights

Nigeria’s leading airline, Air Peace, is expanding its regional connectivity with the launch of Lome(Togo) route on July 28, 2023, a news release issued by the airline on Thursday, July 13, 2023, has revealed. The airline has also announced s...

July 13, 2023 No Responses

NDDC Unveils Project HOPE for Niger Delta Youths

The Niger Delta Development Commission, NDDC, has flagged off a youth development and empowerment scheme designed to create a comprehensive resources database of the youth population of the Niger Delta region. Flagging off the project at the NDDC headquarters ...

July 13, 2023 No Responses

Benin Port: NLC Lauds Emergence Of Mota Engil Africa As Preferred Bidder

The Nigeria Labour Congress, Edo State Chapter, has applauded the Edo State Governor, Mr. Godwin Obaseki, on the emergence of a preferred bidder for the development of the Benin Port.In a statement, Edo NLC chairman, Odion Olaye, while hailing Governor Obasek...

July 11, 2023 No Responses

DBN Empowers 1,000 MSMEs

The Development Bank of Nigeria (DBN) in continuation of its capacity development training programmes for Micro, Small and Medium Enterprises (MSMEs) in Nigeria, has organised a one-day training for over 1,000 small businesses across six states in the North-Ea...