Federal Archives — City Business News

September 23, 2023 No Responses

FG, NGX To Drive Startup Listings With Tech Board

The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board. The Minister of Communications, Innovation and Digital Economy, Bosun...

September 23, 2023 No Responses

Cardoso Assumes Duty As CBN Governor

Acting Central Bank of NIgeria (CBN) Governor Dr. Olayemi Cardoso, on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the apex bank, pending his confirmation by the Senate. CBN in a statement, on...

September 22, 2023 No Responses

Tinubu Rings Closing Bell At NASDAQ, Says Nigeria Open For Investment

President Bola Ahmed Tinubu has called on foreign investors to bring their capital into the country as his government is working on easing the free flow of capital. Tinubu stated this just before he rang the Closing Bell of...

September 21, 2023 No Responses

NDDC To Revamp Rivers ICT Centre

The Niger Delta Development Commission, NDDC, has commenced partnership with the Rivers State Government to revamp the government’s Information Communication and Technology, ICT, Centre for the training of youths under the Holistic Opportunity Projects ...

September 20, 2023 No Responses

Full Text Of Tinubu’s Address At UN General Assembly

Mr. President, Heads of State and Government, Secretary-General, Distinguished Delegates, Ladies and Gentlemen, On behalf of the people of Nigeria, I congratulate you on your well-deserved election as President of this Session of the United Nations General Ass...

September 19, 2023 No Responses

Oil Prices Rise On Supply Deficit Concerns

Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia. Reuters report that U.S. West Texas...

September 18, 2023 No Responses

NDLEA Intercepts 6,600 Bottles Of Codeine

The National Drug Law Enforcement Agency (NDLEA) has intercepted 6,600 bottles of codeine-based syrup and arrested six suspects in various raids across the country. A statement issued on Sunday by the Director, Media and Advocacy, NDLEA, Mr Femi Babafemi, expl...

September 18, 2023 No Responses

NCC Boss Harps On Collaboration To Strengthen Payment System

The Nigeria Communication Commission (NCC) has stressed the importance of multidimensional collaboration in enhancing the country’s payment system.The Vice Chairman of NCC, Prof Umar Danbatta, said this at the 2023 annual conference of the Finance Corres...

September 18, 2023 No Responses

Tinubu To Ring NASDAQ Closing Bell As NGX Group Partners U.S CoC, NIPC

President Bola Ahmed Tinubu will ring the Closing Bell of NASDAQ in New York, United States as part of proceedings at the Executive Business Dialogue organized by United States Chamber of Commerce, Nigerian Exchange Group Plc (NGX Group) and Nigerian...

September 17, 2023 No Responses

NASENI Partners REA On Renewable Technologies

The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Halilu and the Managing Director/CEO of the Rural Electrification Agency (REA), Mr. Ahmad Salihijo Ahmad have agreed to work together to deplo...

September 17, 2023 No Responses

Shippers Council Harps On Regional Trade, List Obstacles

More than 400 trade obstacles have been reported through the Trade Obstacles Alert Mechanism (TOAM) along the ECOWAS trade corridor. Speaking on Friday, the Executive Secretary of Nigerian Shippers’ Council (NSC), Emmanuel Jime also explained that various st...

September 16, 2023 No Responses

NDDC Partners OGFTZA On Industrial Parks

The Niger Delta Development Commission (NDDC) is to collaborate with the Oil and Gas Free Trade Zone Authority on the development of industrial parks in the Niger Delta region. According to a statement, the Managing Director, NDDC, Samuel Ogbuku, sai...

September 16, 2023 No Responses

MINILS Confers Fellowship On Danbatta

The Michael Imoudu National Institute of Labour Studies (MINILS) has decorated the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, with the award of Fellowship of the Nigeria Institute of Labour (NIL) under the Federal M...

September 15, 2023 No Responses

Nigeria Insists On BASA Reciprocity With UAE

The Nigerian Government through the Minister of Aviation and Aerospace Development, Mr. Festus keyamo, on Thursday reiterated that the United Arab Emirates (UAE) carriers would return to the Nigerian routes very soon. The Minister explained that the Fede...