Information – Page 361 – City Business News

June 17, 2022 No Responses

Work Bank Seeks Accelerated Implementation Of NG-CARES By States

The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) has urged the 36 states of the federation and the Federal Capital Territory (FCT) to accelerate the implementation of the programmes. Prof. Foluso Okunmadewa, the World Bank, Lead Specialist, Social Protection...

June 17, 2022 No Responses

NADDC DG In Kenya, Seeks Use Of Electric Vehicles In Africa

The Director-General of the National Automotive Design and Development Council (NADDC), Jelani Aliyu, has called on African countries and research institutions to promote and adopt electric vehicles. Aliyu, who made the call in Nairobi, Kenya, expained t...

June 17, 2022 No Responses

Saro Oil Palm Embarks On Pre-Planting Activities In Edo

An integrated agricultural company, Saro Oil Palm Limited has embarked on pre-planting activities in preparation for the development of a 10,000-hectare oil palm plantation in Orhionmwon Local Government Area of Edo State. Managing Director of Saro Oil P...

June 17, 2022 No Responses

NIMASA Donates Educational Materials to Physically Challenged Students In Cross River

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has donated educational materials to the Special Education Centre Primary and Secondary School, Calabar, Cross River State Items donated included computers, printers, whiteboards, school bags, te...

June 16, 2022 No Responses

Dangote Sugar Shareholders Get N12.147b Dividend For 2021

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the best thing that happened to the sector. Speaking to shareholders at the 16th Annual General Meeting (AGM) of Dangote Sug...

June 16, 2022 No Responses

FEC Approves N90.8b For Kashimbila-Takum-Chanchangi Road, Airport Equipment

The Federal Executive Council (FEC) has approved N90.8 billion for the rehabilitation of Kashimbila-Takum-Chanchangi road in Taraba and the procurement equipment for some airports in the country. The News Agency of Nigeria (NAN) reports that N66.9 billion of...

June 16, 2022 No Responses

Shippers’ Council To Hold Maritime Seminar For Judges In July

By Moses Ebosele, ebosele@hotmai.com — The management of Nigerian Shippers’ Council (NSC) in collaboration with the National Judicial Institute (NJI) is to hold a three-day seminar for judges from July 5 to July 7, 2022, at Sheraton Ho...

June 16, 2022 No Responses

IMO Puts Adoption Of $5b Maritime R&D Fund On Hold

The International Maritime Organisation (IMO) has concluded its Marine Environment Protection Committee (MEPC 78) meeting, taking, in the view of the shipping industry, only small steps towards decarbonising the sector. Meanwhile, IMO’s MEPC has reiterated i...

June 15, 2022 No Responses

Shippers’ Council Trains 501 Staff, Handles 518 Complaints In 2021

By Moses Ebosele, ebosele@hotmail.com — AS part of measures to boost capacity and efficiency, the Nigerian Shippers’ Council (NSC) between June 2021 and June 2022, trained no fewer than 501 staff. Speaking at an interactive session wi...

June 15, 2022 No Responses

APM Terminals Apapa Seals MoU To Recycle Used Tyres

APM Terminals Apapa, Nigeria has signed a Memorandum of Understanding (MoU) with an indigenous firm, FREEE Recycle Limited, to recycle its used tyres. In December 2021, APM Terminals Apapa carried out a successful trial by using pavement blocks produced o...

June 15, 2022 No Responses

CBN, Bankers’ Committee To Unveil Non-Oil Export Optimisation Framework

The Central Bank of Nigeria (CBN) has developed a comprehensive non-oil export optimisation framework, which would be launched at its maiden summit on non-oil exports on June 16. The Director, Corporate Communications Department, CBN, Mr Osita Nwanisobi,...

June 15, 2022 No Responses

SON Tasks Aluminum Roofing Sheet Manufacturers On Standard Product

The Standards Organisation of Nigeria (SON) has called on stakeholders in the aluminum roofing sheet sector to adhere strictly to standard quality parameters during production.The Director-General of SON, Mallam Farouk Salim, made the call in Owerri during a s...

June 14, 2022 No Responses

Nigeria Okays 164 Fishing Vessels On Territorial Waters

The Federal Government of Nigeria has licensed 164 vessels to operate on territorial waters and exclusive economic zone. Mr Ime Umoh, the Director, Fisheries Department in the Ministry of Agriculture and Rural Development, made this known at the ‘ Seco...

June 14, 2022 No Responses

FirstBank Gets $150m From Afreximbank To Support Businesses

African Export-Import Bank (Afreximbank) has disbursed $150 million to First Bank of Nigeria under it’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head, Marketing and Corporate Communications, FirstBank, Mrs Folake Ani-Mumuney, in a stateme...