Federal – Page 133 – City Business News

January 1, 2017 No Responses

Buhari begins actualisation of ECOWAS mandate

In the discharge of his mandate as the Economic Community of West African States (ECOWAS) mediator for The Gambia, President Muhammadu Buhari has activated the process for the execution of his task. One of the outcomes of the just-concluded ECOWAS Summit...

December 31, 2016 No Responses

NSE Photo News

(L-R) shows Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, Executive Director, Capital Markets Division, NSE; Professor Wole Soyinka and Ms. Tinuade Awe, General Counsel/ Head of Regulation, NSE at the Cl...

December 30, 2016 No Responses

‘FG to revamp, make key festivals attractive’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government is working with the private sector to make major festivals in the country attractive to domestic and foreign tourists. He made the pledge in Offa, Kwara State, at.....

December 30, 2016 No Responses

‘No plastic rice in Nigeria’

The National Agency for Food and Drug Administration and Control (NAFDAC) has explained that laboratory result of the suspected fake rice showed that the product was not plastic but rice contaminated with micro organisms. The Acting Director General, NAFDAC, Y...

December 29, 2016 No Responses

Wike presents N470billion budget for 2017

Rivers State Governor, Nyesom Wike on Wednesday presented a N470 billion budget to the State House of Assembly for 2017. The News Agency of Nigeria reports that the fiscal policy is christened “Golden Jubilee Budget for accelerated development.” NAN reca...

December 28, 2016 No Responses

FG identifies 50,000 ghost workers

The Federal Government has saved N200 billion by eliminating 50,000 ghost workers from its payroll, Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu has said. According to the Government, between February and this month, N13...

December 28, 2016 No Responses

ISPS Code: NIMASA reopens three facilities

Following their partial compliance and written commitments to remedy all identified deficiencies of the International Ship and Port Facility Security (ISPS) Code, the Nigerian Maritime Administration and Safety Agency (NIMASA) has reopened three jetties and po...

December 28, 2016 No Responses

African Food Festival: Ayade, Ita-Giwa, others laud Dangote

Cross River State Governor, Professor Ben Ayade has commemded Dangote Industries ltd for sponsoring the maiden edition of African Food festival Calabar. Declaring the festival open, the Governor who was represented by his wife, Dr. Linda Ayade lauded the exe...

December 27, 2016 No Responses

Coal discovered in Sokoto

The Governor of Sokoto State, Aminu tambuwal has disclosed that coal in commercial deposits had been discovered in the state. In a statement issued by his spokesman, Tambuwal described the discovery as a major boost to Federal Government efforts at...

December 27, 2016 No Responses

FG canvasses support for victorious troops

The Federal Government has congratulated the gallant troops of the Nigerian military for finally seizing the Sambisa Forest from the Boko Haram terrorists and securing the North-east, paving the way for Sunday’s re-opening of two strategic roads in Bor...

December 25, 2016 No Responses

Buhari pledges to tackle poverty

President Muhammadu Buhari has reiterated the resolved of the Federal Government to tackle poverty across the country by stimulating the economy. In his chrismas message on Saturday, Buhari urged Nigerians not to lose hope, but seek divine intervention for t...

December 23, 2016 No Responses

Lack of counter-part funds from FG stalls retirees’ benefits

Organized Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has urged the Federal Government to release its counter-part funds to the National Pension Commission (PENCOM) so that thousands of retired Public Servants can be paid....

December 23, 2016 No Responses

‘Digital Switch Over to provide N100b boost for Nollywood distribution network’

The Digital Switch Over (DSO) in Broadcasting is set to create a N100 billion per annum FreeTV distribution network for Nollywood, among a number of positive spin-offs, the Minister of Information and Culture, Alhaji Lai Mohammed, said on Thursday. Speakin...

December 23, 2016 No Responses

African capital market players seek more innovations, education

A summary of the key themes and issues from the recent African Securities Exchanges Association (ASEA) Annual Conference held in Rwanda at the Kigali Serena Hotel. The conference, hosted by the Rwanda Stock Exchange (RSE) with the theme ‘Road to...