CBN Unveils Africa-Led Domestic Card Scheme

CBN Unveils Africa-Led Domestic Card Scheme

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Thursday, unveiled an African Central Bank led National Domestic Card Scheme (AfriGO) to address local peculiarities.  At the event, which was monitored virtually, Emefiele said the new card...
read more
FG Raises Steering Committee For Proposed Ondo, Benin Ports 

FG Raises Steering Committee For Proposed Ondo, Benin Ports 

The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports.   The inauguration was performed by the  Permanent Secretary of the Ministry of Transportation, Dr Magdalen...
read more
FEC Approves N1.6b Augmentation For Benue Road  

FEC Approves N1.6b Augmentation For Benue Road  

The Federal Executive Council (FEC) has approved an additional N1.6 billion being augmentation sum for Manyam-Ushongo-Lessel-Kartyo-Oju-Agila road project in Benue State.  The Minister of Information and Culture, Lai Mohammed, disclosed this to State Hous...
read more
Lassa Fever: Etsako-West Confirms 38 Cases, Esan West 24 

Lassa Fever: Etsako-West Confirms 38 Cases, Esan West 24 

The Edo State Commissioner for Health, Prof. Obehi Akoria, on Wednesday, said Etsako West, Esan West and Esan North East were the most affected local government areas by Lassa fever in the state, urging for the collaboration of residents to...
read more
Hyundai Reveals All-New KONA SUV

Hyundai Reveals All-New KONA SUV

Hyundai Motor Company has revealed details of its new generation KONA subcompact Sports Utility Vehicle (SUV) for Korea, with information about the global model coming in March, 2023.   According to information obtained by City Business News, the ups...
read more
Geely Records 1,432,988 Sales In 2022 

Geely Records 1,432,988 Sales In 2022 

Geely Auto has announced its December and annual sales figures for 2022: 146,017 passenger cars were sold in December, and the total cumulative sales of Geely Auto for 2022 reached 1,432,988 units, up 8% year-on-year, with production and sales exceeding...
read more
NIMASA Task Banks On $350m Cabotage Fund Guidelines 

NIMASA Task Banks On $350m Cabotage Fund Guidelines 

The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of $350 million Cabotage Vessels Finance Fund (CVFF).  The PLIs approved ...
read more
Mikano Motors Rewards Staff

Mikano Motors Rewards Staff

The Management of Mikano Motors has commended staff of the company for their outstanding contributions to the growth of the company in 2022.   Speaking at an award ceremony held at the company’s vehicle Assembly plant along Lagos-Ibadan Expressway,...
read more
FRSC Recovers, Returns N3.2m To Accident Victim

FRSC Recovers, Returns N3.2m To Accident Victim

The Federal Road Safety Corps (FRSC), Kogi Sector Command on Tuesday recovered and returned the sum of N3. 2 million to the family of an accident victim in the state.  The News Agency of Nigeria (NAN) reports that the money...
read more
NAFDAC Shuts Vegetable Oil Outlet 

NAFDAC Shuts Vegetable Oil Outlet 

The National Agency for Food and Drug Administration and Control (NAFDAC) has closed a vegetable oil-packaging outlet in Gidan Ruwa, Airport Road, Nassarawa Local Government of Kano State.  The coordinator of the agency in Kano State, Alhaji Kasim Ibrahim...
read more
Buhari Inaugurates Lekki Deep Sea Port 

Buhari Inaugurates Lekki Deep Sea Port 

President Buhari inaugurates 16.5 metres deep LekkiSea Port  President Muhammadu Buhari on Monday inaugurated the 16.5 metres deep Lekki Sea Port in Lagos.  President Buhari, who arrived at the venue in a helicopter alongside  Gov. Babajide Sanwo-Ol...
read more
NPA, NIMASA, Shippers‘ Council, Others Reiterate Support For Lekki Seaport 

NPA, NIMASA, Shippers‘ Council, Others Reiterate Support For Lekki Seaport 

Chief Executive Officers of some agencies in the maritime sector on Monday reiterated support for the newly inaugurated Lekki Deep Seaport.   Speaking at the  official inauguration of the Port by President Muhammadu Buhari in Lagos on Monda...
read more
NAFDAC Warns Against Use Of Weight Loss Pill 

NAFDAC Warns Against Use Of Weight Loss Pill 

The National Agency for Food and Drugs Administration and Control (NAFDAC) has cautioned Nigerians against the use of the drug  — Weight Rapid Loss Capsule.  The caution is contained in an alert with No. 049/2022, signed by NAFDAC’s Director-Gene...
read more
Dana Air introduces Promo Fares 

Dana Air introduces Promo Fares 

Dana Air has introduced promo fares to encourage more online booking on its website www.flydanaair.com starting from 18th January to 28th of February 2023.   A statement sent to City Business News on Sunday explained that Dana Air customers...
read more