Federal – Page 77 – City Business News

October 17, 2022 No Responses

Consider Nigeria Choice Investment Destination, Emefiele Urges Foreign Investors

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged foreign investors to consider Nigeria and other African countries as choice destinations for investment. According to a post on CBN Twitter handle, Emefiele made the call...

October 14, 2022 No Responses

LCCI Tasks FG On N1.97tri Q2 Trade Surplus

The Lagos Chamber of Commerce and Industry (LCCI) has tasked the Federal Government with investments in export infrastructure and other mechanisms to sustain the country’s trade surplus of N1. 97 trillion recorded in the second quarter of 2022. LCCI presid...

October 13, 2022 No Responses

SEC At Gombe Investment Summit, Harps On Opportunities In Capital Market

Investors in Nigeria have been urged to explore the various opportunities available in the capital market in a bid to grow their businesses, create wealth and improve their standards of living. Director General of Securities and Exchange Commission...

October 13, 2022 No Responses

FEC Approves Establishment Of Centre For Aircraft Maintenance

The Federal Executive Council (FEC), has approved the establishment of a Maintenance Repair and Overhaul (MRO) centre expected to generate 185 million dollars. This is contained in a statement issued by Ms Manji Yarling, Acting Head, Media and Publicity,...

October 12, 2022 No Responses

Presco’s Founder, Vandebeeck, Receives National Award, Lauds Nigeria

October 12, 2022 No Responses

FRSC Boss Tasks Driving Schools On Competent Drivers

The Acting Corps Marshal, Federal Road Safety Corps (FRSC), Mr Dauda Biu on Tuesday tasked driving schools to focus on producing competent drivers with an appreciable road safety mindset. According to Biu, this is necessary to further reduce road traffic ...

October 11, 2022 No Responses

Nigeria Decries Low Trade Level With Egypt

Nigeria on Monday decried her low level of trade with Egypt, two economic powers on the African continent. Nigeria’s ambassador to the northern African country, Malam Nura Rimi, noted that statistics showed that notwithstanding the sizes of the two eco...

October 9, 2022 No Responses

NIMASA To Engage Cadets Protesting In Philippines

The Nigerian Maritime Administration and Safety Agency (NIMASA)is to engage the National Seafarers Development Program (NSDP) 2013 cadets protesting at Nigerian embassy in the Philippines. In a statement issued on Saturday, NIMASA said: “We wish...

October 8, 2022 No Responses

2023:Buhari Presents N20.5trn Budget To Joint Session Of NASS

President Muhammadu Buhari, accompanied by Vice-President Yemi Osinbajo and other members of the Federal Executive Council on Friday presented the 2023 budget proposal to a joint session of the National Assembly (NASS). Buhari, who addressed the joint se...

October 7, 2022 No Responses

SMEDAN Pledges To Push Nigeria’s Export Target To $35b

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), on Thursday in Abuja pledged to push Nigeria’s export target further to $35billion over the next five years. The Director-General of SMEDAN, Mr Olawale Fasanya said this at the closing....

October 4, 2022 No Responses

Nigeria Re-Elected As ITU Council Member

Nigeria has been re-elected as a Council member of the International Telecommunication Union (ITU), the United Nations specialised agency that oversees global telecommunication operations. A statement signed by Reuben Muoka, NCC Director, Publ...

October 4, 2022 No Responses

Govt, Stakeholders Explain Agenda For One Million Jobs In Maritime Sector

Determined to reduce unemployment in the country, industry stakeholders and top government officials will on Tuesday meet to discuss how to create one million jobs in the maritime sector for youths within one year. The event, being initiated by the...

October 2, 2022 No Responses

NNPC Acquires OVH Energy Marketing Assets

The Nigerian National Petroleum Company Limited (NNPC LTD.) has completed the acquisition of OVH Energy Marketing Limited (OVHEM) downstream assets under an Accelerated Network Expansion (ANEX) Initiative. Unveiling the acquisition on Saturday in Abuja, Sen. M...

October 1, 2022 No Responses

Nigeria At 62: FG Pledges Improved Welfare For Workers

The Federal Government has pledged to improve the welfare of Nigerian workers as the country marked its 62nd independence. A statement issued on Friday by Minister of Labour and Employment, Sen. Chris Ngige, assured workers that President Muhamma...