Information Archives — City Business News

July 26, 2024 No Responses

Discovery Celebrates 35th Anniversary With Powerful New Engine

This year, Discovery celebrates 35 years of ingenious versatility with a new special edition version of its luxurious full-size seven-seat Sports Utility Vehicle (SUV).Discovery remains an exceptional family SUV that’s been setting the standard for versatility and all-round breadth of...

July 26, 2024 No Responses

Luxury Bus Owners Dissociate From Nationwide Protests

Long-distance road transport owners and operators whose buses ply various routes across Nigeria have dissociated themselves from the ‘Days of Rage’ nationwide protests planned to commence on Thursday, August 1, 2024. At a press conference in the Utako area...

July 26, 2024 No Responses

Firm Welcomes New LNG-Powered Carrier

German shipping group, Hartmann has taken delivery of a new Liquid Ethylene Gas (LEG) carrier powered by Liquefied Natural Gas (LNG) from Chinese shipbuilding company Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE). The ship is scheduled to use ...

July 26, 2024 No Responses

Shettima, Sanwo-Olu, Others Harp On Collaboration For Effective Development

The Vice President of Nigeria, Senator Kasim Shettima and Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu have emphasised the importance of partnership, innovative thinking, and effective policies for shaping a new blueprint for sustainable development an...

July 26, 2024 No Responses

Photo News

L-R Dr. Muda Yusuf, CEO, CPPE, Dr. Emomotimi Agama, DG SEC and Mrs Yemisi lzuora, Publisher, Oriental News Nigeria Online at the 2024 Oriental News Summit held on Thursday in Lagos.

July 25, 2024 No Responses

NADDC, NOA To Synergize On Public Enlightenment Campaign

To create more awareness of the developments in the Nigeria automotive industry, the National Automotive Design and Development Council(NADDC) and the National Orientation Agency(NOA) are set for collaborative engagements.This was disclosed on Wednesday by the...

July 25, 2024 No Responses

Nigeria Customs Partners US Customs & Border Protection To Combat Illicit Trade

The Nigeria Customs Service is collaborating with the United States Customs and Border Protection Agency (CBP) on using Artificial Intelligence (AI) to curb the flow of illicit drugs and arms into the West African nation.In an exclusive interview with the...

July 25, 2024 No Responses

Lagos To Deploy 2,000 CNG Buses, 5,000 Cars

Lagos State Governor, Babajide Sanwo-Olu has disclosed plans to deploy 2,000 high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation next year (2025). Governor Sanwo-Olu made the revelation at the Lagos Invest...

July 25, 2024 No Responses

ITU Ranks Nigeria High In Digital Transformation Readiness

A new report of the International Telecommunications Union (ITU) has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germ...

July 24, 2024 No Responses

NCDMB, UBEC Explore Capacity Building Opportunities, Support For Basic Education

The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) have agreed to collaborate towards upgrading basic education in the country and building capacities of young Nigerians towards meeting the needs o...

July 24, 2024 No Responses

Again, CBN Raises Interest Rate

The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%. CBN Governor, Olayemi Cardoso, announced this after the apex bank’s 296th Monetary Policy Committee...

July 24, 2024 No Responses

SIFAX Group Appoints Eniola-Jegede Group Coordinating Director

The Board of Directors of SIFAX Group has approved the appointment of Mrs. Wunmi Eniola-Jegede as the Group Coordinating Director. Until this appointment, Eniola-Jegede was the Executive Director, Human Resources, Business Development, and Strategic Planning. ...

July 23, 2024 No Responses

Agwu, Agomoh, Retires As FRSC Promotes Eight Deputy Corps Marshalls

The Secretary to the Government of the Federation, Senator George Akume has approved the appointment of eight Assistant Corps Marshals (ACM), to the rank of Deputy Corps Marshal (DCM).Meanwhile, three of the DCMs are to proceed on immediate retirement, the...

July 23, 2024 No Responses

Minister, NMDPRA, NUPRC, NNPC Team Meet With Dangote

The Minister of State Petroleum Resources [Oil], Heineken Lokpobiri and other stakeholders have held a meeting with the President and CEO of Dangote Group, Aliko Dangote over issues surrounding the Dangote Refinery. Dangote and Nigeria’s regulator...