Federal Archives — City Business News

November 21, 2024 No Responses

OYETOLA DEPOSITS THREE ACCESSION INSTRUMENTS AT THE IMO

The Minister of Marine and Blue Economy, Adegboyega Oyetola on Wedneday deposited three Instruments of Accession to IMO Conventions that were signed by President Bola Tinubu, GCFR. This event took place at the headquarters of the International Maritime Organization (IMO),...

November 20, 2024 No Responses

Dantsoho Seeks Completion Of International Highway, Rail Routes To Ensure Service Provision To Landlocked Countries

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho has advocated for among other measures, the sustained pursuit and completion of the international highway, and rail routes cutting across Hinterland and Coastal, such as the Nig...

November 20, 2024 No Responses

Presidency Lauds Olukoyede On Reforms, Preventive Frameworks

The Special Adviser to the President on Policy Coordination and Head, Central Delivery Coordination Unit, Hadiza Bala Usman has commended the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede on the laudable reforms in the...

November 18, 2024 No Responses

Nigeria, India Harp On Investment Treaty, Trade, Cooperation

Nigeria’s President Bola Tinubu and Indian Prime Minister, Narendra Modi, have directed their officials to finalise pending bilateral trade agreements between the two countries. The leaders announced this in a joint statement issued on Sunday in Abuja at the...

November 15, 2024 No Responses

FEC Approves ₦47.9tn 2025 Budget

The Federal Executive Council has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year. The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this on Thursday while briefing State House correspondents after the FEC m...

November 14, 2024 No Responses

Customs Revenue Collection Hit N5.7tri

The Nigeria Customs Service (NCS), on Wednesday, announced a revenue collection of N5.7 trillion as of November 12, 2024. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this at the ongoing 2024 Comptroller-General of Customs Conference in Abuja...

November 14, 2024 No Responses

Tinubu Signs Six IMO Instruments Of Accession

President Bola Ahmed Tinubu has signed the instruments of accession for six Conventions of the International Maritime Organization (IMO). This action paves the way for Nigeria to officially deposit these instruments of access at the IMO headquarters, which ser...

November 13, 2024 No Responses

Ember Months: FRSC Begins Campaign In Lagos

THE Federal Road Safety Corps (FRSC), Lagos Sector Command, on Tuesday began the 2024 ”Ember” months campaign in the state. The campaign, being done in collaboration with Guinness Nigeria PLC, has as its theme, ”Speak Up Against Dangerous Driving: Crashe...

November 11, 2024 No Responses

Minimum Wage: NLC Declares Strike

The Nigeria Labour Congress (NLC) has directed its members in states that are yet to commence the implementation of the new minimum wage to commence an indefinite strike, beginning from December 1, 2024. The directive is part of the resolutions...

November 10, 2024 No Responses

Tinubu Off To Saudi Arabia

President Bola Tinubu will depart Abuja on Sunday, November 10, 2024 for Riyadh, Saudi Arabia, to attend the Joint Arab-Islamic Summit, which will focus on the current situation in the Middle East. According to a statement issued on Saturday by...

November 6, 2024 No Responses

Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Corporation has announced plans to increase its exploration holdings in African oil producers such as Nigeria and Angola. The company promised to ramp up its exploration efforts due to the anticipated potential for a production rebound in both countrie...

November 6, 2024 No Responses

Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks

The Nigerian Government has reaffirmed its commitment to go on with the $26 billion African Atlantic Gas Pipeline project in collaboration with Morocco, Mauritania, and the Economic Community of West African States (ECOWAS). Representatives of Nigeria ex...

November 5, 2024 No Responses

PETROAN Accuses Dangote Of Trying To Stifle Competition

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of ...

November 3, 2024 No Responses

FG Releases Funds For Payment Of NASU, Federal Retirees

The Federal Government has released funds for payment of withheld salaries of the Non-Academic Staff Union of Federal Universities (NASU). The Office of the Accountant General of the Federation (OAGF) made this known in a statement in Abuja. According to...