Federal – Page 128 – City Business News

February 22, 2017 No Responses

Photo News

The Minister of Information and Culture, Alhaji Lai Mohammed (middle), flanked by the Chairman, Leadership/Folio Limited, Mr. Fidelis Anosike, and the Permanent Secretary, Federal Ministry of Information and Culture, Mrs. Ayotunde Adesugba, at the signing of MoU between the ministry...

February 21, 2017 No Responses

Unauthorised Employment: Labour faults alleged agenda to sack 3,500 workers

Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has flayed alleged plan by the Federal Government to sack 3,500 public servants “under the guise that their appointments were irregular and unauthorized”. In a pr...

February 21, 2017 No Responses

Amaechi to chair town hall on cargo handling charges

Against the backdrop of a recent audit report revealing that private terminal operators in Nigerian ports lost about N58.9 billion to the rising foreign exchange scarcity, Consumer Price Index (CPI), among others, in eight years, a one-day town hall meeting...

February 21, 2017 No Responses

CBN announces new foreign exchange policy

The Central Bank of Nigeria (CBN) has unveiled a new foreign exchange policy with immediate effect. According to the CBN, in order to ease the difficulties encountered by Nigerians in obtaining funds for foreign exchange transactions, it would henceforth be...

February 21, 2017 No Responses

Maritime Photo News

L-R: The Managing Director, Nigerian Ports Authority (NPA),Hadiza Bala Usman; Deputy Chairman, House of Representatives Committee on Ports, Habours and Waterways, Hon. Kabir Ajanah Muhammed; Chairman of the Committee, Hon. (Dr.) Patrick Asadu; Executive Secr...

February 20, 2017 No Responses

PwC survey predicts distruption of Nigeria’s financial service sector

Nigerian Retail banking and Payments sectors will be the most disrupted by a group of new companies building financial technology (FinTech) solutions, PwC’s Nigeria FinTech Survey 2017 report has predicted. According to PwC, the report is the result of insig...

February 19, 2017 No Responses

FG to open grain reserves

If the prices of food stuff continue to escalate across the country, the Federal Government will open the national grain reserves. Speaking after the inauguration of the management of three Federal Unuversities of Agriculture in Abuja, the Minister of Agricult...

February 18, 2017 No Responses

Nigerian Chamber of Shipping training holds in March

Come Wednesday, March 15 to Friday, March 17, 2017, the Nigerian Chamber of Shipping will hold a three day training programme on the “ABC of Shipping” in Apapa, Lagos. According to an official statement issued by the Chamber, the training,...

February 17, 2017 No Responses

NPA Photo News

L-R: NPA Executive Director, Finance and Administration, Mohammed Bello-Koko; Managing Director, Nigerian Ports Authority, Hadiza Bala Usman; Deputy President, Nigerian Institute of Management (chartered), NIM, Prof. Olukunle Iyanda, FNIM,; Executive Dir. Engi...

February 17, 2017 No Responses

Capacity building panacea to unemployment, says NIMASA DG

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has averred that human capacity development initiative is a panacea to the growing unemployment rate in the economy. The DG who said this at the...

February 17, 2017 No Responses

NNPC records reduction in Pipeline sabotage

The Nigerian National Petroleum Corporation (NNPC) has recorded a marked reduction in the cases of pipeline sabotage. This was disclosed in the Corporation’s monthly Financial and Operations Report for the month of December 2016 which has just been released....

February 16, 2017 No Responses

Nigeria seeks improved trade relations with U.S.

The U.S. Chamber of Commerce’s U.S.-Africa Business Center Tuesday hosted the Nigerian Minister of Industry, Trade and Investment Dr. Okechukwu Enelamah for a roundtable discussion with U.S. business executives at their office in Washington, D.C. The convers...

February 15, 2017 No Responses

FG to expand TSA Coverage, says Adeosun

To cover more agencies in 2017, the Federal Government has concluded plans to expand the Treasury Single Account (TSA). Speaking in Abuja on Tuesday at the opening of a two-day retreat on the TSA, the Minister of Finance, Kemi Adeosun...

February 14, 2017 No Responses

Dangote to launch 25,000 hectares of rice scheme in Sokoto

Come Wednesday this week, Dangote Rice, a subsidiary of Dangote Group is to launch in Sokoto state it’s multi-million naira 25, 000 hectares of rice Outgrower scheme with a prospect of hundreds of thousand of employment opportunities for the rural...