Information – Page 360 – City Business News

June 22, 2022 No Responses

Stock Market Rebounds, Capitalisation Increases By N180b

The market capitalisation of the Nigerian Exchange (NGX) closed trading on Tuesday with a gain of N180 billion to close at N27.544 trillion against N27.364 trillion posted on Wednesday, halting five days of consecutive losses. Similarly, the All-Share Index (ASI)...

June 21, 2022 No Responses

Buhari To Private Sector: Reinvest Profit On Job Creation

President Muhammadu Buhari has appealed to members of the organised private sector to reinvest their profits on creation and retention of jobs. Buhari made the appeal while declaring open the maiden Nigeria Employers’ Summit of the Nigeria Employers’...

June 21, 2022 No Responses

Saraki At Tin Can Island Port, Reaffirms NPA Position On Quay Walls Reconstruction

The Minister of State for Transportation, Senator Gbemisola Saraki has reaffirmed the position of the Nigerian Ports Authority (NPA) for the total reconstruction of Quay walls of the TinCan Island Port Complex which have become weak due to age. &nb...

June 21, 2022 No Responses

Edo Reiterates Support For Oil Palm Investment

The Edo State Governor, Mr. Godwin Obaseki, has said the government’s sustained investment in oil palm cultivation and production will enhance the diversification of the state’s economy from crude oil and support ongoing efforts to engender forest regenera...

June 21, 2022 No Responses

Buhari Greets Adeduntan, First Bank MD On Cranfield University Honour

President Muhammadu Buhari has rejoiced with Group Managing Director/Chief Executive Officer of First Bank Nigeria Plc, Dr Adesola Adeduntan, on recognition by Cranfield University. Cranfield University is one of the most prestigious citadels of learning...

June 21, 2022 No Responses

NPA Photo News

At Tema, Ghana, the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko (Left) joined the Director-General, Ghana Ports and Harbours, the President and Secretary-General of Port Management Association of West and Central Africa (PMAWCA), and...

June 20, 2022 No Responses

Energy Transition: NCDMB Boss Seeks Intensive Petroleum Education

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, has urged the Federal Government and other stakeholders to adopt a strategy to overcome the challenges of energy transition. A statement issued on Sunday...

June 20, 2022 No Responses

INTELS Graduates 38 Beneficiaries Of Women Empowerment Scheme

INTELS Nigeria Limited has graduated 38 women under its Women Empowerment Project Scheme Synergy (WEPSS). The General Manager, Legal and Corporate Services of the company, Mr Amaopusenibo Epelle, made this known in a statement on Sunday. WEPSS is a Corpo...

June 19, 2022 No Responses

NPA Tasks Procurement Dept On Processes, ISO Certification

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko has challenged the procurement department to be more proactive in terms of decisions on processes and procedures. Addressing participants at the NPA Procurement Strategic Retreat ...

June 19, 2022 No Responses

NRC Cautions Nigerians Against Fake Website

The management of the Nigerian Railway Corporation (NRC) has cautioned Nigerians against a fictitious website inviting the unsuspecting general public to question and answer quiz that attracts monetary benefit. The Deputy Director, Public Relations Departmen...

June 19, 2022 No Responses

APC Wins Ekiti Governorship Election

Mr Biodun Oyebanji, the candidate of the All Progressives Congress (APC), has been declared the winner of the Saturday’s Ekiti Governorship election. Declaring the winner, Prof. Oyebode Adebowale, the Independent National Electoral Commission (INEC) Re...

June 18, 2022 No Responses

NIMASA Takes Delivery Of Two UAS, Nine Boats, Ten Armoured Vehicles

The Nigerian Maritime Administration and Safety Agency (NIMASA) has taken delivery of additional mobile assets for enhanced maritime security under his deep blue project. Two Unmanned Aircraft System (UAS), 9 interceptor patrol boats and 10 armoure...

June 18, 2022 No Responses

Edo Explains Tax Credit Scheme For Firms

The Edo State Governor, Mr. Godwin Obaseki, on Friday, inspected the ongoing construction of a 3.6km road and an integrated agricultural project in Ologbo, Ikpoba-Okha Local Government Area of the state. The projects are being financed via tax credit granted.....

June 18, 2022 No Responses

Opinion: Inflation Timebomb Threatens Nigeria’s Outlook

By Lukman Otunuga, Senior Research Analyst at FXTM — There was a period when Nigeria displayed resilience against the inflation menace. As other countries across the globe waged war on rising prices, Africa’s largest economy experienced periods of cool...