Federal – Page 37 – City Business News

June 23, 2024 No Responses

Dangote Refinery Accuses IOCs, NMDPRA Of Sabotage

Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals.A statement issued on Sunday quoted Edwin as...

June 22, 2024 No Responses

NIMC Refutes Alleged Data Compromise

The National Identity Management Commission (NIMC) hasdebunked alleged exposure of sensitive data of Nigerian citizens.A statement issued on Saturday by Kayode Adegoke,Head, Corporate Communications assured the public that the data of Nigerians has notbeen com...

June 21, 2024 No Responses

Nigeria’s Debt Up By ₦24.33trn In Three Months

Debt Management Office (DMO) on Thursday disclosed that Nigeria’s total public debt is now ₦121.67 trillion ($91.46 billion), The DMO said as of March 31, 2024, the country’s domestic and external debts stood at ₦121.67 trillion ($91.46 billion). Niger...

June 20, 2024 No Responses

NNPC, TotalEnergies JV Seal $550m FID On Ubeta Field Project

In a major step towards boosting Nigeria’s oil and gas production, the NNPC-TotalEnergies JV has announced a $550 million Final Investment Decision (FID) on the Ubeta Field Development Project. A statement issued on Thursday by Olufemi Soneye, Chief Co...

June 20, 2024 No Responses

NDDC Engages Afreximbank On Development Strategies

The Niger Delta Development Commission, NDDC, has started discussions with officials of the African Export-Import Bank, Afreximbank, as part of its efforts to collaborate with development partners in the quest for economic growth in the Niger Delta region. Spe...

June 19, 2024 No Responses

Cholera: Lagos Begins Water Sampling

Following the recent Cholera outbreak in some parts of Lagos State, the Lagos Water Corporation (LWC) has initiated what it described as “comprehensive measures to safeguard public health and ensure access to safe drinking water across the state”. A statem...

June 19, 2024 No Responses

NDDC Extends Free Healthcare To Cross-River Communities

The Niger Delta Development Commission, NDDC, has taken the first phase of its Free Healthcare Programme, which it relaunched on June 16, 2024, to the General Hospital, Akamkpa in Cross River State for the benefit of people in the rural...

June 16, 2024 No Responses

Train 7: NLNG Reaffirms Commitment, Benefits To Nigerians

Nigeria LNG Limited (NLNG) has reaffirmed its commitment to delivering economic benefits through the Train 7 project on Bonny Island.Speaking at a reconvened session of the Senate and House of Representatives’ Joint Committee on Gas (the Committee), offi...

June 16, 2024 No Responses

Nigeria’s Inflation Rises To 33.95 Per Cent

Nigeria’s inflation rate increased to 33.95 per cent in May 2024, the National Bureau of Statistics (NBS) disclosed in its latest data. According to the NBS Consumer Price Index report released on Saturday, this represents an increase of 0.26% points...

June 15, 2024 No Responses

Shippers’ Council Lauds Terminal Operator For Automation Investment

The Nigerian Shippers’ Council has lauded the West Africa Container Terminal for its investment in automation. The Executive Secretary/Chief Executive Officer of NSC, Akutah Ukeyima, gave the commendation during his recent visit to the terminal in Onne Port,...

June 14, 2024 No Responses

EFCC, FBI Strengthen Partnership

The Economic and Financial Crimes Commission (EFCC)and the Federal Bureau of Investigation (FBI)on Friday, June 14, 2024 brokered a renewed strategic alliance towards tackling the menace of internet crimes and other waves of emerging and old crimes that are of...

June 14, 2024 No Responses

Tinubu To Observe Eid-El-Kabir In Lagos

President Bola Tinubu will depart Abuja, the nation’s capital, for Lagos State on Friday ahead of Eid-el-Kabir.The President will observe Eid-el-Kabir in Lagos, where he will also spend the Sallah holidays.The President will mark the occasion in prayers ...

June 14, 2024 No Responses

Tinubu Appoints Tanimu Yakubu As DG Budget Office

President Bola Tinubu has approved the appointment of Mr. Tanimu Yakubu as the Director-General of the Budget Office of the Federation, following the expiration of the tenure of Mr. Ben Akabueze. Mr. Yabuku is an accomplished economist and was Chief...

June 14, 2024 No Responses

NDDC To Support 4,500 Rice, Cassava Farmers

The Niger Delta Development Commission, NDDC, has commenced a partnership with communities in the Niger Delta region to empower 4,500 rice and cassava farmers to ensure food security in the region and country at large. Speaking during the onboarding Programme....