Federal – Page 74 – City Business News

February 16, 2023 No Responses

FEC Approves Electronic Cargo Tracking Scheme

The Federal Executive Council (FEC) has approved the introduction of an Electronic Cargo Tracking Note Scheme for the country. Briefing Journalists at the end of the Council meeting presided over by President Muhammadu Buhari on Wednesday in Abuja, Minister of Transportation, Mu’azu...

February 15, 2023 No Responses

Fishermen Lament Cash Crunch, Fuel Scarcity

Artisanal fishermen operating along the Atlantic coastline in Niger Delta on Tuesday lamented the hardships they had been facing as Central Bank of Nigeria (CBN) cashless policy cripple their vocation. Niger Delta Coordinator, Artisanal Fishermen Associa...

February 13, 2023 No Responses

Catholic Bishops Seek Cash Policy Review

President Catholic Bishops Conference of Nigeria (CBCN), Most Rev. Lucius Ugorji, on Sunday urged the Federal Government to review the new cash policy to ease the hardships it has caused Nigerians. Ugorji made the appeal at the opening of the...

February 10, 2023 No Responses

CBN Attributes Scarcity Of New Naira Notes To Hoarding

Hoarding of the new Naira notes is responsible for its scarcity, the Central Bank of Nigeria (CBN) has said. The CBN Director, Consumer Protection, Mrs Rashidat Mongunu, said this on Thursday while monitoring microfinance banks in Offa, Offa L...

February 10, 2023 No Responses

Photo News

Pull Out Parade Of Deputy Corps Marshal, Dr Kayode Olagunju (Left) And Wife, Seun Olagunju On Thursday In Abuja

February 10, 2023 No Responses

FG Approves 67 New Broadcast Stations

President Muhammadu Buhari has approved operational licenses for 67 new broadcast outfits, the National Broadcasting Commission (NBC), said on Thursday in Abuja. NBC Director-General Balarabe Ilelah disclosed this while briefing Journalists on the scorec...

February 8, 2023 No Responses

NNPCL Begins Direct Supply Of Petrol To IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday disclosed that the management of the Nigerian National Petroleum Company Ltd. (NNPCL) has allocated petrol to its members directly to ease scarcity. Mr Chinedu Okoronkwo, the N...

February 8, 2023 No Responses

Korean Envoy Harps On African Continent’s Blue Economy Potentials

The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong has described Nigeria as the gateway to unlocking the potential of the African Continent’s Blue Economy. Choi Yeong, who made the assertion during a courtesy cal...

February 4, 2023 No Responses

Group Urges CBN Governor To Resign

A group of Concern Citizens of Sokoto State (CCSS) has urged Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), to resign within 72 hours or face legal action. The group made the call in a letter dated...

February 3, 2023 No Responses

FRSC Promotes 3,628, Appoints Two DCMs

The Federal Road Safety Corps (FRSC) has announced the promotion of 3, 628 marshals and appointment of two Deputy Corps Marshals (DCMs). A statement issued on Thursday by the Corps Public Education Officer, Assistant Corps Marshal, Bisi Kazeem...

February 2, 2023 No Responses

Buhari Inaugurates MOFI Board, FG Targets N100trillion

President Muhammadu Buhari has charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under Management from the current value of N18 trillion to at least N100 trillion in the next 10 years. The president gave the charge at...

February 2, 2023 No Responses

FEC Approves N4b For Construction Of Senate Buildings, Radio Antenna

The Federal Executive Council (FEC) has approved about N4 billion for the execution of three projects across the nation. The amount would cover the construction of Senate Buildings in Osun State University, Osogbo, and Federal University, Lokoja, as well...

January 31, 2023 No Responses

Nigeria Woos Landlocked Countries As Buhari Unveils Dala Inland Dryport

President Muhammadu Buhari has commissioned the Dala Inland Dryport, in Dala Local Government Area of Kano State. The inauguration of the Port form part of President Buhari’s visit to Kano State on Monday. The President, who arrived a...

January 28, 2023 No Responses

Fuel Scarcity Worsens, Bites Harder In FCT

Residents and motorists in the Federal Capital Territory (FCT) and its environ have continued to lament the hardship being experienced as scarcity of Premuim Motor Spirit (PMS), known as petrol worsened. A correspondent of the News Agency of Nigeria (NAN...