Federal – Page 144 – City Business News

October 22, 2016 No Responses

FBN Capital to host Govt, Business leaders at annual conference

In line with its commitment to provide a platform that will facilitate interaction for identifying sustainable growth opportunities in Nigeria, FBN Capital Limited, the Investment Banking and Asset Management subsidiary of FBN Holdings Plc. will host its Annual Investor Conference...

October 22, 2016 No Responses

NPA pledges improve power generation at seaports

The Management of Nigerian Ports Authority (NPA) has called on operators at the Nation’s Seaports to collaborate as part of measures to boost power generation. The chairman of the Organisation’s board of Directors Mr. Emmanuel Adesoye, who gave this.....

October 21, 2016 No Responses

Senate tasks FG on withdrawal of airlines from Nigeria

The Deputy Senate President, Senator Ike Ekweremadu has described withdrawal of airlines from Nigeria as a bad omen for the country. Speaking during a session on the proposed concessioning of four airports on Thursday, the Deputy Senate President explained...

October 21, 2016 No Responses

New National Counter Terrorism Strategy underway in Nigeria

(NAN) The Federal Government on Thursday said it had put in place the needed structures for the full implementation of the National Counter Terrorism Strategy (NACTEST). The National Security Adviser, Babagana Monguno, said this in Lagos at the opening of...

October 21, 2016 No Responses

Dangote canvasses tax relief for SMEs

Foremost Businessman and President/ Chief Executive of Dangote Group, Aliko Dangote, on Thursday urged government at all levels to reduce the multiple taxes placed on small and medium businesses (SMEs). Dangote said in a statement in Lagos explained that...

October 20, 2016 No Responses

FERMA comes under scrutiny

The Federal House of Representatives has resolved to probe how the Federal Roads Maintenance Agency (FERMA) utilised its budgetary allocation from September, 2015 till date. The resolution was based on the adoption of a motion by Representative Kamale Adam...

October 20, 2016 No Responses

Customs arraigns two smugglers

The Nigeria Customs Service, Federal Operations Unit, (Zone A) on Tuesday arraigned two alleged smugglers before Magistrate Y.A. Aje-Afunwa of the Magistrate Court, Ikeja, Lagos State on nine (9) counts charge of smuggling prohibited items. According to ...

October 20, 2016 No Responses

IMF declares Nigeria Africa’s biggest economy

Despite ongoing economic challenges, the International Monetary Fund (IMF) has affirmed Nigeria as the biggest economy in Africa ahead of South Africa and Egypt. However, the IMF’s World Economic Outlook for October 2016, puts South Africa’s GDP at 28...

October 20, 2016 No Responses

FG approves transaction adviser on rail concessioning

The Federal Executive Council (FEC) on Wednesday approved the appointment of transaction advisers to negotiate with General Electric (GE) on railline concessioning. Speaking at the end of the meeting presided over by President Muhammadu Buhari, Minister ...

October 20, 2016 No Responses

FG approves N30 billion for mining

The Federal Executive Council (FEC) on Wednesday approved N30 billion intervention fund for mining exploration in the country. Addressing Journalists after the meeting presided over by President Muhamadu Buhari, the Minister of Mining and Steel Development,...

October 20, 2016 No Responses

MAN Photo News

L – R The Nigerian Stock Exchange (NSE) Executive Director, Market Operations and Technology, Mr. Ade BajomoVice President, Multinational, , Mr. Christos Giannopoulos, Director General, Manufacturer Association of Nigeria (MAN); Mr. Segun Ajayi-Kadir, Chief ...

October 19, 2016 No Responses

Critical role of capital market data delivery in economic development, by NSE boss

Capital Market data delivery play critical role in economic development, the Chief Executive of Nigerian Stock Exchange (NSE), Mr Oscar Onyema has said. In his key note address at NSE market data workshop on Tuesday in Lagos, Onyema said...

October 19, 2016 No Responses

Conduct Census in 2018, Senate tells Buhari

The Senate on Tuesday passed a resolution urging President Muhammadu Buhari to issue a proclamation for the conduct of the National population and Housing census in 2018. The resolution was based on a motion sponsored by Senator Suleiman Othman...

October 18, 2016 No Responses

LCCI holds public-private dialogue on port efficiency, maritime sector roadmap

The Lagos Chamber of Commerce and Industry (LCCI), in collaboration with the Financial Derivatives Company, a renowned economic consultancy firm, is to hold a Public-Private Dialogue on Port Efficiency & Maritime Sector Roadmap in Nigeria. According to ...