Economy – Page 96 – City Business News

October 8, 2024 No Responses

NAFDAC Workers Begin Indefinite Strike

The Senior Staff Association Of Statutory Corporations And Government-Owned Companies (SSASCGOC), an affiliate of the Trade Union Congress of the National Agency for Food and Drug Administration and Control (NAFDAC) has begun an indefinite strike over the failure of the...

October 7, 2024 No Responses

Apapa Customs Command Collects N1.6tr In Q3

The Apapa Port Command of Nigeria Customs Service (NCS) collected N1,610,906,781,421.82k as at the end of the third quarter of 2024, which is higher than N1,172,414,793,960.32k attained as total revenue for the year 2023Customs Area Controller for the Command,...

October 7, 2024 No Responses

Nigeria Customs Acquires New Aircraft For Surveillance

As part of measures to strengthen its air surveillance capabilities, the Nigeria Customs Service (NCS) has acquired a Cessna Grand Caravan EX-208B. The Comptroller-General of Customs, Bashir Adewale Adeniyi, inspected the newly acquired aircraft on Friday, 20 ...

October 7, 2024 No Responses

NDLEA Intercepts ₦9b Opioids, Arrests Canadian

The National Drug Law Enforcement Agency (NDLEA) has arrested a 41-year-old Canadian lady, Adrienne Munju, at the Murtala Muhammed International Airport, Lagos. According to NDLEA, she was nabbed on Thursday, October 3 for importing a large consignment of...

October 7, 2024 No Responses

Nigeria Commences Crude Oil Sales In Naira

Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, explained that in line with the Federal Executiv...

October 7, 2024 No Responses

Photo News

L-R: Special Adviser (Political Matters) to Ekiti State Governor, Chief Jide Awe; Eyesorun of Ado-Ekiti, Mrs Adejugbe, Ekiti State First Lady, Dr Olayemi Oyebanji; and Deputy Governor of Ekiti State, Chief (Mrs) Monisade Afuye, at the grand finale of the...

October 6, 2024 No Responses

Coscharis Technologies Announces $4b Green Power Project

Coscharis Technologies Limited has secured a $4 billion power project to boost Nigeria’s energy landscape.According to Coscharis Group, the initiative will harness renewable energy sources to significantly reduce the country’s reliance on fossil fu...

October 6, 2024 No Responses

IMO Scribe Meets NIMASA DG, Lauds Nigeria On Maritime Security

The Secretary-General, International Maritime Organization (IMO), Arsenio Dominguez, has commended Nigeria for leading the charge to maintain the safety and security of commercial shipping in the Gulf of Guinea.Arsenio Dominguez, who stated this during a meeti...

October 6, 2024 No Responses

Niger Delta Chamber Of Commerce Seeks Training Centres

Former President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Chief George Udagba, has enjoined the Niger Delta Chamber of Commerce, Industry Mines and Agriculture, NDCCITMA, to establish vocational training centres...

October 6, 2024 No Responses

Liyel Imoke: Alleged Expenditure Of $16b Delayed Power Sector Reforms

Former minister of power, who later served as Governor of Cross River State, Senator Liyel Imoke, has described alleged “expenditure” of $16 billion on the power sector by the Olusegun Obasanjo administration as misleading. Imoke, who was also Chairman of....

October 6, 2024 No Responses

Kaduna Denies Borrowing ₦36b

The Kaduna State Government has described a media report as false and misleading, alleging that the state has borrowed ₦36 billion in the past six months. The state government explained that it is paying nearly three times the loan size...

October 5, 2024 No Responses

NDDC To Remodel Foreign Scholarship Scheme

The Niger Delta Development Commission (NDDC) is to remodel its Foreign Post Graduate Scholarship scheme to incorporate a tracking system to monitor the progress of its scholars after graduation, Addressing more than 200 scholars of the Commission, studying in...

October 4, 2024 No Responses

Tinubu Submits Tax Reform Bills To NASS

The Senate has received President Bola Tinubu’s communication seeking consideration and passage of the proposed Fiscal Policy and Tax Reform Bill to align with ongoing financial reforms of the Federal Government and enhance efficiency in tax compliance. The ...

October 4, 2024 No Responses

Nurses Protest Doctor’s Alleged Assault Of Female Student Nurse In Ogun

Nurses with Ogun State Hospital, Ijaye, Abeokuta joined by their colleagues mobilised from other parts of the state, defied the rain on Thursday to protest the alleged assault of a final year student nurse by a Consultant Orthopaedic Surgeon, Nurudeen...