Economy – Page 95 – City Business News

October 10, 2024 No Responses

Caribbean Countries Seek Dangote’s Partnership In Cement, Fertiliser Production

The Prime Minister of Grenada, Dickon Mitchell, has described the Dangote Petroleum Refinery and Petrochemicals as a significant investment in industrialisation and manufacturing needed by developing countries for their industrial growth.He noted that it is through this type of investment...

October 10, 2024 No Responses

Yingqi Auto Machinery Unveils Factory To Revive Vehicle Engine

Yingqi Auto Machinery Co., Ltd., an auto company specializing in car engine refurbishment, has been established in Lagos to help motorists maximise the service life of their vehicles.In addition, the company provides automotive new energy technology support to...

October 10, 2024 No Responses

NLC Faults Fuel Price Hike

The Nigeria Labour Congress (NLC) on Wednesday rejected the new increase in petrol pump price, saying it will further deepen poverty in the country. “It will further deepen poverty as production capacities dip, more jobs lost with multidimensional negative e...

October 10, 2024 No Responses

National Wire Launches Business Journalism Award for Nigerian Campus Journalists

National Wire, a Nigerian news website has announced the launch of the National Wire Campus Business Journalism Award. The award is an initiative aimed at recognising and celebrating exceptional business journalism among student journalists in Nigeria’s tert...

October 10, 2024 No Responses

‘Emefiele Violated Procedure In Redesigned Naira’

A former Deputy Governor of the Central Bank of Nigeria (CBN), Edward Adamu, on Wednesday told the Federal Capital Territory High Court Abuja that Godwin Emefiele, a former Governor of the Bank did not follow laid down procedure in the...

October 10, 2024 No Responses

Alleged N33.8b Project Fraud: Proceeds Used To Purchase Abuja Properties, Says Witness

Abubakar Kweido, First Prosecuting witness, PW1 in the trial of a former Minister of Power, Saleh Mamman, on Wednesday, October 9, 2024 told a Federal High Court sitting in Abuja before Justice James Omotosho that he former minister allegedly used...

October 9, 2024 No Responses

Seplat CEO: Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems

Africa has abundant gas reserves, and these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged.The Chief Executive Officer, Seplat energy Plc, Mr. Roger Brown, said this during the ongoing Africa ...

October 9, 2024 No Responses

Nigeria Customs Partners WCO, WBG, IMF On Trade Facilitation

The Nigeria Customs Service (NCS), in collaboration with the World Customs Organisation (WCO), the World Bank Group (WBG), and the International Monetary Fund (IMF), is holding a five-day workshop on Post Clearance Audit (PCA) in Abuja to enhance trade facilit...

October 9, 2024 No Responses

Photo News

L-R: Nigeria Civil Aviation Authority (NCAA) Director of Aerodrome & Airspace Standards Engr. Godwin Balang, NCAA Director of Finance & Accounts Mr Olufemi Odukoya, Ex-Director General NCAA Engr. Harold Demuren and NCAA Director of Special Duties Mr Ho...

October 9, 2024 No Responses

Toyota By CFAO Open Day In Abuja Features Latest Land Cruiser Prado

Toyota By CFAO, authorised distributor of Toyota vehicles in Nigeria, is hosting an Open Day event in Abuja, showcasing the All-New 2024 Toyota Land Cruiser Prado alongside other Toyota models tailored for the Nigerian market.The event is scheduled to take...

October 9, 2024 No Responses

EFCC Arrests 13 Suspected Internet Fraudsters In Uyo

Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have apprehended 13 suspected internet fraudsters in Nwaniba area of Uyo, Akwa Ibom State. A statement issued by EFCC explained that they were arrested on Monday,...

October 9, 2024 No Responses

Senate T0 FG: Increase Allocation To Varsities In 2025 Budget

As part of measures to tackle problems of Nigerian universities, the Senate has asked the Federal Government to increase budgetary allocation to federal universities in the 2025 budget. The lawmakers also resolved to mandate the relevant committee or sena...

October 9, 2024 No Responses

Photo News

L- R: Oluseun Onasoga, Southern Africa Subsidiary Country Executive; Access Bank PLC, Kauna Ndilula, Representative of Kula Financial Solutions (Pty) Limited, (Local Partner); Oluseyi Kumapayi, Executive Director African Subsidiaries, Access Bank PLC, and Leon...

October 8, 2024 No Responses

Presco Announces Resignation Of Three Directors

Presco Plc has announced the resignation of Chief (Dr.) Bassey Edem, Osa Osunde and HRH., Prince Aiguobasimwin Akenzua as Non-Executive Directors of the company.According to a statement signed by the company’s Secretary, Alayo Ogunbiyi, the Directors contrib...