Economy – Page 222 – City Business News

May 22, 2022 No Responses

Zamfara Budgets N17.1b For COVID-19 Recovery Programme

Zamfara State Government has budgeted N17.1billion for COVID-19 action recovery and economic stimulus programme tagged, “Matawalle Vision 2023’’. Performing the formal inauguration of the project, Gov. Bello Matawalle said it was designed to address the challenges associated with the pandemic...

May 21, 2022 No Responses

FG Tasks NAICOM On Prompt Claims Payment

The Federal Government has called on the National Insurance Commission (NAICOM) to put in place measures that will ensure insurance companies meet their obligations to policyholders by paying claims promptly. Dr Zainab Ahmed, the Minister of Finance, Bud...

May 21, 2022 No Responses

Buhari Appoints Adeniran New Statistician-General

President Muhammadu Buhari, has approved the appointment of Mr Semiu Adeniran as the substantive Statistician-General of the Federation and Chief Executive Officer of the National Bureau of Statistics (NBS), with immediate effect. This is contained in a ...

May 21, 2022 No Responses

Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable

Fidelity Bank Plc has announced plans to host an exports roundtable and policy sensitisation workshop for businesses in Benin-City, Edo State capital in partnership with the Edo State Investment Promotion Office (ESIPO) and GIZ on Tuesday, 24 May 2022. &n...

May 20, 2022 No Responses

APPEALS Project Supports 1,142 Food Marketers With Haulage Facilities

As part of measures to ease the transportation of farm produce across the three senatorial districts of Kogi State, the State Coordination Office of the Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project (APPEALS), has fa...

May 20, 2022 No Responses

Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others

The Edo State Governor, Mr. Godwin Obaseki, has said the development of the Benin River Port will guarantee the diversification of the nation’s economy from oil into the non-oil sector such as agriculture and agro-allied businesses, placing the country on...

May 19, 2022 No Responses

ABP Loan: CBN To Clampdown On Defaulting Farmers

The Central Bank of Nigeria (CBN) has appealed to farmers who defaulted in paying back the loans obtained under the Anchor Borrowers’ Programme (ABP) to pay back. Mr Sadeeq Ajayi, in CBN Development Finance Office, made the appeal on Wednesday...

May 19, 2022 No Responses

NIWA Targets Two Million Container Movements Through Inland Waterways

The National Inland Waterways Authority (NIWA) on Wednesday projected the movement of no less than two million containers through the Nigerian inland waterways annually by 2025. The Managing Director of NIWA, Dr George Moghalu, said this while...

May 19, 2022 No Responses

Ministry Implores Maritime Women Practitioners On Collaboration

Dr Magdalene Ajani, the Permanent Secretary, Federal Ministry of Transportation, on Wednesday urged maritime women practitioners on the need for collaboration to achieve maritime safety, security and build capacity. Ajani made the call at the Women’s Interna...

May 17, 2022 No Responses

NLNG At 33, Counts Gains

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) has reiterated its commitment to provide cleaner energy to Nigeria and the world. In a message to mark 33 years of existence on Tuesday, the Managing Director/Chief Execu...

May 17, 2022 No Responses

NCDMB To Host Summit On Midstream, Downstream Operations

By Moses Ebosele, ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the maiden edition of the Nigerian Content Midstream/Downstream Oil & Gas Stakeholders Summit, with theme, Maximizing...

May 17, 2022 No Responses

FMBN Disburses N394.6b To Beneficiaries

The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N394.575 billion to beneficiaries from 1992 to 2022. The Group Head, Corporate Communications (FMBN), Mr Lawal Sauri disclosed this in an interview with the News Agency of Nigeria (NAN) on Monday....

May 16, 2022 No Responses

NPA May Revoke Concession Agreement

The Nigerian Ports Authority (NPA) has disclosed that five terminal operators are being monitored to ensure they do the right things as regards their commitment and obligations as agreed under the Port Concession agreement. Speaking at an interact...

May 16, 2022 No Responses

NPA Partners NLNG On Vessel Traffic Services

By ebosele@hotmail.com The Nigerian Ports Authority (NPA) is working closely with the Nigeria Liquefied Natural Gas (NLNG) to deploy Vessel Traffic Services (VTS) in Bonny. Already, arrangements are being put in place for survey as part...