Federal – Page 75 – City Business News

December 11, 2022 No Responses

Buhari Approves Disbursement Of N16b, $350m Cabotage fund

President Mohammadu Buhari has approved the disbursement of Cabotage Vessel Financing Fund (CVFF). Minister of Transportation, Mr Mu’azu Sambo, disclosed this during the flag-off ceremony of Batch B of the Third Phase of Nigerian Seafarers Development Programme (NSDP) TERRA 11,...

December 11, 2022 No Responses

Emefiele: Export Proceeds Repatriation To Hit $1b In Q4

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Saturday expressed optimism that export proceeds repatriation for rebate would hit N1billion fourth quarter of 2022. Emefiele said this at a press conference on the outcome of th...

December 10, 2022 No Responses

FMDQ: Exchange Traded Derivative Will Help Govt Raise Cheaper Funds

By citybusinessnews@yahoo.com — FMDQ Securities Exchange Limited is working towards the launch of Exchange Traded Derivative (ETD) products that will enable the government raise funds at a cheaper cost. Head, Market Architecture, FMDQ Securiti...

December 8, 2022 No Responses

FG Tasks FRSC On Seamless Traffic During Yuletide

The Federal Government has tasked the Federal Road Safety Corps to ensure seamless movement of traffic nationwide before, during and after the Yuletide. The Secretary to the Government of the Federation (SGF) Mr Boss Mustapha gave the charge during the.....

December 6, 2022 No Responses

Nigeria, Saudi Arabia Sign MoU On Air Safety

Nigeria on Monday in Abuja signed Memorandum of Understanding (MoU) with the Kingdom of Saudi Arabia on accident investigation to promote air safety. The Accident Investigation Bureau (AIB)-Nigeria Commissioner, Mr Akin Olateru, said the signing of MoU i...

December 6, 2022 No Responses

At ISSAN Confab, CBN, Stakeholders, Harp On Measures Against Cyber Attacks

The Central Bank of Nigeria (CBN) has assured information security stakeholders and the general public of its collaboration to check the rising cases of cyber-attacks within Nigeria’s cyberspace. Director, Payments System Management Department of the...

December 3, 2022 No Responses

Pantami Decries Illegal Use Of Radio Frequency Spectrum

The Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim Pantami has frowned at the activities of illegal users of frequency spectrum in the domestic economy, noting that its constitute a huge economic loss to the country. He said...

December 2, 2022 No Responses

FG Awards Patent Certificates To 19 Researchers, Inventors

The Federal Government has awarded patent certificates to 19 researchers for their various inventions and innovations in addressing economic problems. The Minister of Science, Technology and Innovation, Dr Adeleke Mamora, presented the certificates to th...

December 2, 2022 No Responses

Abuja–Kaduna Train Service Resumes Dec 5

Train services along the Abuja–Kaduna rail corridor is to resume on December 5, 2022. Managing Director, Nigeria Railway Corporation(NRC), Mr Fidet Okhiria, told the News Agency of Nigeria (NAN) on Thursday that all was set for resumption of...

December 1, 2022 No Responses

FEC Approves PPP For Satellite Internet Broadband

The Federal Executive Council (FEC) has approved the concession of Research and Development of Satellite Internet Broadband Project to ensure uninterrupted and high-speed fixed broadband internet penetration in Nigeria. This is contained in a statement s...

November 30, 2022 No Responses

Buhari Seeks More Secured Border

President Muhammadu Buhari has again called for tighter border security in the Lake Chad region to consolidate the gains of security agencies against terrorist activities in the Sahel region of West Africa. The president made the call in his opening...

November 29, 2022 No Responses

FIRS Seeks Harmonised Systems Among Tax Administrators

The Executive Chairman, Federal Inland Revenue Services (FIRS), Muhammad Nami has appealed for harmonisation of tax systems among member states of Commonwealth Association of Tax Administrators (CATA). Nami made the appeal on Monday in Abuja at the 42nd ...

November 26, 2022 No Responses

FRSC Decries Killing Of Two Personnel

The Acting Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Biu, on Friday decried incessant knock down and crushing of patrol operatives. Reacting to crushing of two patrol operatives by a truck driver along Ikot-Ikpene – Aba route on Friday,...

November 23, 2022 No Responses

IMO Scribe Inaugurates New NIMASA Headquarters

The Secretary General, International Maritime Organization (IMO), Mr. Kitack Lim on Tuesday commissioned the ultra-modern headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA), located at Victoria Island, Lagos State. Spea...