Economy – Page 193 – City Business News

May 22, 2023 No Responses

BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.Speaking at the occasion attended by Heads of State from Ghana, Togo,...

May 22, 2023 No Responses

Photo News

May 20, 2023 No Responses

Photo News

L-R: Special Adviser to Ekiti State Governor on Infrastructure and Public Utilities, Prof. Bolaji Aluko; Ekiti State Governor, Mr Biodun Oyebanji; Head, European Union Delegation to Nigeria and ECOWAS, Ambassador Samuela ISOPI; Chief Economic Adviser to the Go...

May 19, 2023 No Responses

NPA Targets $198b Royalties From Private Seaports In Delta, Ondo, Lagos

Further to Nigerian Ports Authority’s resolve to deliver efficient port services through strategic port development, the Federal Executive Council (FEC) at its sitting on Wednesday, May 17, 2023, approved the development of three milestone port projects: the...

May 17, 2023 No Responses

Nigeria Unveils Revised National Agric Seed Policy

As part of measures to boost farmers’ unrestricted access to best genetics and enhance productivity, the Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar has unveiled Revised National Agricultural Seed Policy According to the Ministe...

May 16, 2023 No Responses

Okonjo-Iweala Cautions Nigeria On Debt Service To Revenue Ratio

The Director-General, World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, on Monday described Nigeria’s debt service to revenue ratio as alarming. Dr. Okonjo-Iweala, who spoke at the Nigeria Governors’ Forum (NGF) 2023 induction for newly elected gove...

May 15, 2023 No Responses

Lekki Port Adopts Electronic Call-Up System, Ready For Transhipments

The promoters of the Lekki Deep Sea Port- Lekki Port LFTZ Enterprise Limited (LPLEL) and the terminal operator-Lekki Freeport Terminal (LFT) have expressed the readiness of the Port for transhipment operations and restore the status of Nigeria as a cargo...

May 15, 2023 No Responses

Lekki Port: Clearance Of Goods Takes Five To Ten Days

The container terminal operator for the Lekki Deep Sea Port-Lekki Freeport Terminal, a subsidiary of the CMA/CGM Group, has assured shippers of a faster turnaround time for the clearance of goods from the Port, stating that it will take between five...

May 13, 2023 No Responses

NPA MD Bags Maritime Icon Of The Year Award

The Managing Director/ Chief Executive Officer of Nigerian Ports Authority (NPA), Mohammed Bello Koko has emerged Champion Newspapers’ Maritime Icon Of the Year Award. City Business News reports that the awards is in recognition of Koko...

May 11, 2023 No Responses

CJN Harps On Sustained Fight Against Piracy

The Chief Justice of Nigeria and Chairman, Board of Governors of the National Judicial Institute, Hon. Justice Olukayode Ariwoola, has stated that the judiciary has a role to play in all legal forms of fight against piracy, noting that a...

May 11, 2023 No Responses

Toyota Appoints CFAO Motors Distributor In Nigeria

By Moses Ebosele, ebosele@hotmail.com Foremost distributor of mobility products and services in Nigeria, CFAO Motors has been appointed as an official distributor of Toyota vehicles in Nigeria. The appointment positions CFAO Motors as the ...

May 11, 2023 No Responses

Nigeria Approves New Auto Policy

The Federal Executive Council (FEC) has approved the new National Automotive Industry Development Plan (NAIDP) 2023. The memo for the plan was presented by the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, during this Wednesday FEC meetin...

May 11, 2023 No Responses

NPA, Customs, NEPZA, Others Reiterate Support For Lekki Port

By Moses Ebosele, ebosele@hotmail.com Key Federal Government agencies have resumed full activities at the recently inaugurated $1.5 billion Lekki Port and Lekki Freeport Terminal. Representatives of the agencies who spoke at an interactive sess...

May 10, 2023 No Responses

NPA, CBN Boost e-Call Up Scheme With NXP Requirements

By Moses Ebosele. ebosele@hotmail.com — As part of measures to enhance Electronic Call Up system, the Nigerian Ports Authority (NPA) in collaboration with the Central Bank of Nigeria (CBN) is at the conclusive stage to integrate the CBN NXP requirements...