Federal – Page 105 – City Business News

November 20, 2017 No Responses

FRSC Lekki remembers Road Traffic Victims

The Lekki unit command of the Federal Road Safety Corps (FRSC) has held different programmes to mark the yearly World Day Remembrance of Road Traffic Crash victims. According to a statement by the Unit Commander, Azubike Onyemeh, series of activities...

November 19, 2017 No Responses

‘Treat money laundering, financial crimes with zero tolerance’

Treat money laundering, financial crimes with zero tolerance to maintain and sustain economic, financial and political stability, the Vice President Yemi Osinbajo, has said. Prof. Osinbajo stated this at the opening ceremony of the Inter-Governmental Acti...

November 17, 2017 No Responses

Gwarzo at CIS conference, implores capital market operators on new business environment

The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has challenged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and business environments which will aid them in performing the...

November 16, 2017 No Responses

FG revokes residence permit of expatriate staff of six firms

The Federal Government, through the Nigeria Immigration Service (NIS), has revoked the residence permit of expatriate staff of six companies operating in the country. The Comptroller-General of the NIS, Mr Muhammad Babandede, announced this in Abuja on Wedn...

November 15, 2017 No Responses

Labour seeks panel on new national minimum wage

By citybusinessnews@yahoo.com – The Association of Senior Civil Servant of Nigeria (ASCSN) has advised the Federal Government to constitute a panel to negotiate new national minimum wage. In an address delivered on Tuesday in Enugu b...

November 14, 2017 No Responses

Gwarzo, SEC boss decries drop in e-dividend registrations, insists on December deadline

By citybusinessnews@yahoo.com – The Director General, Securities and Exchange Commission (SEC), Mounir Gwarzo on Monday in Lagos decried low investors enrollment to the e-dividend payment platform in the last three months. Speaking at the post Capi...

November 10, 2017 one Response

FG to approve three modular refineries in Edo

The Federal Government is processing applications received for the establishment of seven modular refineries in Edo State, Minister of State, Petroleum Resources, Dr. Ibe Kachikwu has said. Speaking in Benin City on Thursday ahead of Alaghodaro Investment Su...

November 8, 2017 No Responses

FG to spend N35b on Housing Programme, N9.8b on Mambilla Hydro Project

The Federal Government has set aside N35.4 billion to address the housing needs of its workforce under the National Housing Programme in 2018. President Muhammadu Buhari made this known when he presented the 2018 budget proposal at the joint session...

November 7, 2017 No Responses

Elumelu at Presidential Villa, implores investors on Nigeria’s business ranking

Foremost industrialist and entrepreneur, Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country. Speaking with Journalists after a visit to the.....

November 7, 2017 No Responses

FG to demolish Costain, Jibowu bridges as construction of Standard Gauge rail track begins in December

The Minister of Transportation, Rotimi Amaechi on Monday said the laying of tracks of Lagos-Ibadan standard gauge rail line would start in December. He also said that Jibowu and Costain bridges in Lagos would be demolished to give way for...

November 5, 2017 No Responses

Presidency explains list of Buhari’s appointments

The Presidency on Saturday released a full list of all the appointments made by President Muhammadu Buhari since he assumed office on May 29, 2015. The Special Adviser to the President on Media and Publicity, Femi Adesina, who released...

November 4, 2017 No Responses

FG to distribute 13m nets

The Federal Government says it will distribute 13 million Long Lasting Insecticidal Nets (LLINs) in collaboration with other stakeholders in six selected states. The Minister of Health, Prof. Isaac Adewole, made this known on Friday in Yola at the flag-off o...

November 3, 2017 No Responses

Buhari to present 2018 budget on Tuesday

President Muhammadu Buhari has written to the National Assembly, informing them of his readiness to present the 2018 appropriation budget on Tuesday, November 7, 2017. In a letter addressed to the Senate President Bukola Saraki and Speaker of the House...

November 2, 2017 No Responses

Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

By citybusinessnews@yahoo.com – The Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone ‘A’, Ikeja has seized Dangote Cement Truck, nine others with not less than 6,206 bags of smuggled rice. Briefing Journalists on ...