Federal – Page 93 – City Business News

September 27, 2021 No Responses

CBN Pledges More Support For Youth Empowerment

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged more support for youth empowerment, through sports and its other intervention programmes. Osita Nwanisobi, CBN spokesperson quoted Emefiele as making the pledge at the finals of the All-Financial Institutions...

September 5, 2021 No Responses

Buhari To Visit Imo On Thursday

All is set for President Muhammadu Buhari’s visit to Imo State on Thursday, September 9, 2021. Addressing Journalists at the Sam Mbakwe International Cargo Airport, Owerri, on Saturday, the State Governor, Hope Uzodinma, who spoke upon his return...

August 27, 2021 No Responses

MAN Decries Double Taxation In Lagos

Vice President, Manufacturers Association of Nigeria (MAN), Lagos Zone, Chief John Aluya, has decried what he described as double taxation imposed on manufacturing companies by Lagos State Government. Aluya criticised the act during the 7th Lagos Corpora...

August 22, 2021 No Responses

Ojobo, NCC Ex-Image Maker Mourns Ahmed Joda

Former Director Public Affairs (DPA) at Nigerian Communications Commission (NCC), Mr. Tony Ojobo has said late Alhaji Ahmed Joda tenure as Chairman, Board of Commissioners was instrumental to the revolution witnessed in the ICT Ecosystem in Nigeria O...

August 10, 2021 No Responses

FRSC Decorates Nine Officers

The Federal Road Safety Corps (FRSC), Kaduna State Sector Command, on Monday, decorated nine of its officers promoted to their next rank. The Sector Commander, Mr Hafiz Mohammed, while decorating the officers urged them to see their promotion as an...

August 5, 2021 No Responses

FEC Approves $11.17b Rail Project

The Federal Executive Council (FEC) has approved the sum of $11.17 b to link all Nigeria’s coastal cities by rail in six years. Minister of Information and Culture, Lai Mohammed, disclosed this on Wednesday while briefing Journalists after the virtual....

July 24, 2021 No Responses

Buhari Tasks Contractors On Giving Back To Society

President Muhammadu Buhari has urged businessmen and contractors that benefit from government patronage to give back to the society by engaging in Corporate Social Responsibility. The president, according to a statement by his Senior Special Assist...

September 1, 2020 No Responses

LADOL For Operational Study Tour By Federal Staff College

Chief Instructor/ Training Assistance Team at the Nigerian Custom Staff College, Navy Capt. SO Abduraheem has described LADOL Free Zone as a success, a success which he says is driven by the Zones operational plans. Navy Capt. Abduraheem stated this...

February 27, 2020 No Responses

FG Approves N32b For Roads, Aviation, Water Projects

The Federal Government of Nigeria has approved N32 billion for projects under the Works and Housing, Water Resources and Aviation ministries. Briefing Journalists on Wednesday after the weekly Federal Executive Council (FEC) meeting at the Presidential Villa, ...

May 14, 2019 No Responses

TSA Yields N30trillion

The Accountant-General of the Federation (AGF), Idris Ahmed, on Monday explained that seven years after it was created, the Treasury Single Account (TSA) has yielded more than 30 trillion for the Federal Government, . Speaking with Journalists on t...

May 14, 2019 No Responses

JAMB Remits N5b To Federation Account

The Joint Admissions and Matriculation Board (JAMB) has remitted N5 billion to the Federation Account in 2019. This is against the N8 billion it returned to the government purse last year. JAMB’s Head of Information, Dr Fabian Benjamin, confirmed this...

May 13, 2019 No Responses

Nigeria To Blacklist Firms Over N5tr AMCON Debts

The Nigerian Government has concluded plans to blacklist firms and individuals on the Asset Management Corporation of Nigeria’s (AMCON) debtors’ list. Under the proposed arrangement, they will no longer be allowed to do business with the govern...

May 6, 2019 No Responses

NNPC Remits N153.01b Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the January released in Abuja on Sunday. “Within the peri...

March 5, 2019 No Responses

Nigeria Offers New Bonds For March

The federal government has offered for subscription two-year and three-year savings bonds at 11.62 per cent and 12.62 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained from the DMO website on...