Federal – Page 64 – City Business News

October 4, 2023 No Responses

FG Opens N150b Offers For Sukuk Bonds

The Federal government through the Debt Management Office (DMO) has opened offers for subscriptions for 10 years of Ijarah Sukuk at 15.75% interest per annum due in October 2033. DMO explained on Tuesday that the subscription period is billed to...

October 3, 2023 No Responses

NLC, TUC Suspend Strike

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), on Monday suspended the planned indefinite nationwide strike, which was scheduled to commence on Tuesday, October 3, 2023. This followed the meeting between the leaders of organized labour a...

September 30, 2023 No Responses

FG, States, LGCs Share N1.1tri For August

THE Federation Account Allocation Committee (FAAC) has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August. This is contained in a communiqué issued by the FAAC at its September meeting. The...

September 29, 2023 No Responses

Blue Economy Can Help Nigeria Defeat Poverty, Says Prof Pauli

The creator of Blue Economy, Prof Gunter Pauli, who hailed President Bola Tinubu for creating the Ministry of Marine and Blue Economy said the policy was overdue considering the abundant opportunities in Nigeria, but, warned that the government must aggressive...

September 28, 2023 No Responses

BPSR Identifies NIMASA AS Best MDA In Digital Transformation

The Presidency through the Bureau of Public Service Reforms, BPSR, has declared the Nigerian Maritime Administration and Safety Agency NIMASA as the best Federal Government Agency in Digital Transformation. The Director General, BPSR who convey...

September 27, 2023 No Responses

INEC Fixes Sept., Nov. 2024 For Edo, Ondo Elections

The Independent National Electoral Commission (INEC) has fixed Sept. 21, 2024 for the conduct of Edo governorship election and Nov. 16, 2024 for Ondo State. The commission announced the dates in the timetable and schedule of activities for the two...

September 26, 2023 No Responses

Customs Intercepts Hard Drugs, IED Materials, Others Worth N1.6b

The Nigeria Customs Service, Federal Operations Unit, Zone ’C’ has intercepted cannabis sativa, raw materials for production of explosive devices, as well as other contraband with a Duty Paid Value (DPV) N1.6b. The Zone also arrested nine (9) suspects in.....

September 25, 2023 No Responses

NDDC Fast-Tracks Key Bayelsa, Rivers Link Road

The Managing Director, Niger Delta Development Commission, (NDDC), Dr. Samuel Ogbuku, has disclosed that the Commission is fast-tracking the construction work on the Oruma rigid pavement Road, in Ogbia Local Government Area of Bayelsa State to ensure its commi...

September 25, 2023 No Responses

Photo News

L-R Minister of Justice and Attorney General of the Federation, Chief Lateef Fagbemi (SAN); Ekiti State Governor, Mr Biodun Oyebanji; and Founder, Afe Babalola University, Aare Afe Babalolan (SAN); at a reception in honour of the Minister, at the Alfa...

September 24, 2023 No Responses

Photo News

Minister of Information and National Orientation, Alhaji Mohammed Idris, fnipr with Nigeria’s Ambassador to the UN, Prof. Tijjani Muhammad Bande taking some moments off at the 78th UN General Assembly in New York.

September 23, 2023 No Responses

FG, NGX To Drive Startup Listings With Tech Board

The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board. The Minister of Communications...

September 23, 2023 No Responses

Cardoso Assumes Duty As CBN Governor

Acting Central Bank of NIgeria (CBN) Governor Dr. Olayemi Cardoso, on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the apex bank, pending his confirmation by the Senate. CBN in a statement, on...

September 22, 2023 No Responses

Tinubu Rings Closing Bell At NASDAQ, Says Nigeria Open For Investment

President Bola Ahmed Tinubu has called on foreign investors to bring their capital into the country as his government is working on easing the free flow of capital. Tinubu stated this just before he rang the Closing Bell of...

September 21, 2023 No Responses

NDDC To Revamp Rivers ICT Centre

The Niger Delta Development Commission, NDDC, has commenced partnership with the Rivers State Government to revamp the government’s Information Communication and Technology, ICT, Centre for the training of youths under the Holistic Opportunity Projects ...