Federal – Page 55 – City Business News

February 9, 2024 No Responses

Abducted Passengers Of GIG, ABC Transport Buses Regain Freedom

All the 14 passengers of God Is Good (GIG) Motors and ABC Transport on Thursday finally regained freedom from their abductors in Kogi. SP Williams Ovye-Aya, Kogi Police Command’s Public Relations Officer, who confirmed their release to the News Agency...

February 9, 2024 No Responses

NLC, TUC Issue 14-Day Ultimatum

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have issued a 14-day ultimatum to the Federal Government over the non-implementation of the 16-point agreement both parties reached after the removal of the petrol subsidy. In a statement...

February 8, 2024 No Responses

Royal Father To FG: Regulate Foodstuffs Prices To Reduce Suffering

OBA Rafiu Balogun, the Elejirin of Ejirin Kingdom in Epe, Lagos State, has called on the Federal Government to regulate prices of foodstuffs and other household commodities. Balogun said that the measure would reduce the suffering of poor Nigerians. The...

February 7, 2024 No Responses

Ministers, CBN, FIRS Pledge To Address High Cost Of Living

The Minister of Finance, Mr Wale Edun, and the Minister of Budget and National Planning, Atiku Bagudu, have assured Nigerians that the high cost of living being witnessed by Nigerians is currently being addressed. Mr Olayemi Cardoso, the Governor of...

February 7, 2024 No Responses

CBN Gov Pledges To Tackle Unauthorised Withdrawals

The Central Bank of Nigeria (CBN) has pledged to deal decisively with any bank found sabotaging monetary policies or guilty of unauthorised withdrawals from customer accounts. The Governor of the apex bank, Mr Olayemi Cardoso made the pledge on Tuesday...

February 7, 2024 No Responses

Senate Reiterates Commitment To Capital Market-Driven Reforms

February 6, 2024 No Responses

SIFAX Group Consortium To Collaborate With FG, LASG On Aviation Development

SIFAX Group and its aviation partner, Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government to develop the country’s aviation sector. SIFAX Group, through one of...

February 2, 2024 No Responses

Atiku Faults FG’s Plan To Remit NNPC Crude Oil Revenue To CBN

The presidential candidate of the Peoples Democratic Party (PDP) in the last general election, Atiku Abubakar, has described the directive from the federal government to remit revenue from the sale of crude oil to the Central Bank Nigeria (CBN) of...

February 1, 2024 No Responses

Reps Committee Approves N706.67b As NCS 2024 Budget

The House of Representatives Committee on Customs and Excise has approved N706.67 billion as the Nigerian Customs Service (NCS) budget for its 2024 operations. Rep. Leke Abejide (ADC-Kogi), the Chairman of the Committee, stated this after a budget defence sess...

February 1, 2024 No Responses

Nigeria Attains Steady Increase In Active Voice, Internet Subscription

Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecommunications statistical indicators released by the Nigerian Communications Commission (NCC), which have been a...

January 31, 2024 No Responses

NNPC Woos South Korean Gas Investors

The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The discussions which held in Seoul, South Korea, yesterday were...

January 31, 2024 No Responses

Court Adjourns Suit Against Proof Of Vehicle Ownership Levy

A Federal High Court sitting in Abuja has adjourned a suit seeking to stop the imposition of an annual levy for a certificate of proof of vehicle ownership in the country till March 4, 2024. The Federal Government had in...

January 31, 2024 No Responses

Reps Grills Customs Over Non-Submission Of Three Years Financial Statement

The House of Representatives Public Accounts Committee on Tuesday grilled the officials of the Nigerian Customs Services over the non-submission of audited financial statements for the 2016, 2017, and 2018 financial years to the Auditor General of the Federati...

January 30, 2024 No Responses

Tinubu Congratulates Cardinal Onaiyekan At 80

President Bola Tinubu has felicitated with Cardinal John Onaiyekan, who was the Archbishop of Abuja from 1994 to 2019, on his 80th birthday, In a statement issued on Monday by Chief Ajuri Ngelale, Special Adviser to the President on Media...