Economy – Page 263 – City Business News

September 19, 2019 No Responses

Innoson Joins Competition In Pick Up Segment

Innoson has joined ongoing competition in the Pick-Up segment in the Nigerian market.The company recently supplied 100 units to the Enugu state government Conducting Journalists round the vehicles in Enugu, the state Governor, Ifeanyi Ugwuanyi, explained that the new vehicles...

September 17, 2019 No Responses

Buhari Names New Economic Team

President Muhammadu Buhari has constituted an Economic Advisory Council (EAC). The Chairman of the Council, according to a statement by the Special Adviser on Media and Publicity, Femi Adesina, is Prof. Doyin Salami. Dr. Mohammed Sagagi is the Vice Chairman...

September 16, 2019 No Responses

Kukah To Speak On Security, Economy At GOCOP Annual Conference

The Guild of Corporate Online Publishers (GOCOP) has announced Catholic Bishop of Sokoto, Most Rev Dr. Matthew Hassan Kukah, as the keynote speaker at its third annual conference holding on Friday, October 4, 2019 at Sheraton Hotel, Ikeja, Lagos State....

September 13, 2019 No Responses

ICRC Explains Economic Opportunities Partnership With TEF In Conflict Prone Regions

At the just concluded Forum organised by the International Committee of the Red Cross (ICRC), key speakers Tony O. Elumelu, Founder of the Tony Elumelu Foundation and Peter Maurer, President of the International Committee of the Red Cross (ICRC) proffered...

August 28, 2019 No Responses

SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others

By Moses Ebosele, ebosele@hotmail. com To sustain faster turnaround of its operations, Sifax Group has placed order for 24 new trucks, four mobile harbor cranes and other strategic equipments.Already, a subsidiary of the Group, Skyway Aviation Handling Company...

August 28, 2019 No Responses

Dakuku Lauds Buhari’s Economic Agenda

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the economic programme of the President Muhammadu Buhari administration is not only succeeding, but it is also reliable. Dakuku stated this...

August 25, 2019 No Responses

Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference

By Moses Ebosele, ebosele@hotmail.com The 2019 Global Maritime Security Conference (GMSC) is to hold October 7th—9th, at the International Conference Centre, Abuja, Nigeria.Hosted by Nigerian Maritime Administration and Safety Agency (NIMASA),...

August 25, 2019 No Responses

Investors Consolidate 3.4b Shares

Investors Consolidate 3.4b Shares The Securities and Exchange Commission (SEC), has announced that considerable progress has been made in the implementation of its consolidation of multiple shareholder accounts and electronic Dividend Mandate Management System...

August 19, 2019 No Responses

FRSC Officials, Five Others Arrested For Extortion

A Joint Inter-Agency Team led by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested 37 officials of the Federal Road Safety Corps (FRSC) for allegedly extorting money from motorists on Nigerian highways.The Team, compri...

August 9, 2019 No Responses

Ambode Denies Link To N9.9b Bank Account

The immediate past governor of Lagos State, Mr. Akinwunmi Ambode, has denied ownership of any bank account containing N9.9billion.The Economic and Financial Crimes Commission (EFCC) recently disclosed that it had frozen certain accounts linked to some former l...

August 5, 2019 No Responses

Nigeria To Address VAT Exemption, Others On Capital Market Transactions

The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on capital market transactions.This was stated by Vice President Yemi Osibanjo at the Awards Night of the...

August 5, 2019 No Responses

NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.The NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, told the News Ag...

August 4, 2019 No Responses

Omo-Agege To Oil Firms: Relocate Headquarters To N/Delta

Deputy President of the Senate Ovie Omo-Agege has urged oil companies operating in the Niger Delta region to relocate their headquarters to the region.Mr. Yomi Odunuga, his Special Adviser on Media and Publicity in astatement on Saturday in Abuja, said...

June 24, 2019 No Responses

Nigeria Harps On Good Corporate Governance, Inaugurates SEC Board

Listed companies in the Capital market have been urged to imbibe good corporate governance and accountability in a bid to accelerate the growth of the market and increase both domestic and foreign investor participation.This was stated by the Permanent Secreta...