Information – Page 349 – City Business News

July 25, 2022 No Responses

Kogi: Bread To Cost More As Bakers Call-Off Strike

Kogi Master Bakers called off their strike Sunday midnight and resume work Monday, July 25 with hike in prices of bread. Chief Gabriel Bamidele-Adeniyi, Chairman, Association of Master Bakers and Caterers of Nigeria, Kogi Chapter, made the disclosure on Sunday...

July 24, 2022 No Responses

Gunmen Abduct Owner Of Titilayo Hospital In Oyo

Suspected gunmen have abducted the owner of a private clinic, Titilayo Hospital in Gbede, Surulere Local Government Area of Oyo State. The News Agency of Nigeria (NAN) gathered on Saturday that the man, simply identified as “Baba Rasheed”, who owns.....

July 24, 2022 No Responses

Woman Stabs Husband To Death In Adamawa

The Adamawa Police Command has arrested Caroline Barka, a 20-year-old housewife, for stabbing her late husband, Barka Dauda, to death. Mrs Barka is a resident of Angwan Tamiya in the Madagali Local Government Area of the state. A statement issued...

July 23, 2022 No Responses

TinCan Customs Generates N274.32b In Six Months

Between January and June 2022, the TinCan Island Port Customers Command generated N274.32 billion, an increase of 27.50 per cent when compared with N229.32 billion achieved in the corresponding period of 2021. Briefing Journalists on Friday, the comm...

July 23, 2022 No Responses

FG Reaffirms Nigerian Shippers’ Council As Port Economic Regulator

The Permanent Secretary, Federal Ministry of Transportation, Dr Magdalene Ajani, on Friday reiterated that the Nigerian Shippers’ Council (NSC) remained the only port economic regulator. Ajani made the pronouncement at the sensitisation seminar with th...

July 23, 2022 No Responses

2023: 15 Parties Jostle For Lagos Governorship Seat

Fifteen out of 18 political parties in Nigeria are jostling for the governorship seat of Lagos State, the News Agency of Nigeria (NAN) reports. NAN reports that this is contained in details of candidates and political parties contesting the number...

July 22, 2022 No Responses

CBN Partners UNILORIN On N600m Commercial Poultry Farm

The University of Ilorin (UNILORIN) in partnership with the Central Bank of Nigeria (CBN) has inaugurated an integrated commercial poultry farm with a N600 million loan. Prof. Sulyman Abdulkareem, the Vice Chancellor of the university, who spoke at the o...

July 22, 2022 No Responses

Shippers’ Council Wades Into APMT, MWUN Dispute

The management of the Nigerian Shippers’ Council (NSC) has appealed to striking dockworkers at APM Terminal to give the Council the necessary atmosphere to resolve contending issues. Executive Secretary, NSC, Emmanuel Jime, who led the management team dur...

July 21, 2022 No Responses

FEC Approves N7.4b For Irrigation, Aviation Equipment

The Federal Executive Council (FEC) has approved a contract worth N6 billion as augmentation for the Chochi irrigation project in Adamawa as well as N1.4billion for procurement of aviation equipment. Ministers of Water Resources, Sulieman Adamu, and Aviation...

July 21, 2022 No Responses

NPA Boss: We’re Addressing Bottlenecks Affecting Non-Oil Exports

The Nigerian Ports Authority (NPA) is addressing bottlenecks affecting export in the country, Managing Director, Mr Mohammed Bello-Koko, declared on Wednesday in Lagos. Speaking at the 2022 Zenith Bank International Trade Seminar on non-oil e...

July 21, 2022 No Responses

Danbatta Elected Into Nigerian Academy Of Engineering Council

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has been elected to the Governing Council of the Nigerian Academy of Engineering (NAE), a step which signposts his outstandi...

July 21, 2022 No Responses

NCAA Suspends Dana Air

The Nigerian Civil Aviation Authority (NCAA) has suspended Dana Airlines’ Air Transport Licence (ATL) and Air Operator Certificate (AOC) indefinitely, with effect from midnight of Wednesday, July 20, 2022. A statement signed by Capt. Musa Nuhu, the Dir...

July 20, 2022 No Responses

Dangote Industries Completes Issuance Of N187.6b Bonds

Dangote Industries Limited (DIL) has announced the successful completion of the company’s N187.6 billion series 1 bond issuance. The bond is the largest corporate bond ever issued in the history of the Nigerian capital market. The company in a statemen...

July 20, 2022 No Responses

CBN Increases Benchmark Interest Rate To 14%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from its initial 13 per cent. Reading a communiqué after the committee’s meeting in Lagos, Mr...