Information – Page 370 – City Business News

May 17, 2022 No Responses

Sylva Withdraws Presidential Bid, Back To Office

Chief Timipre Sylva, Minister of State for Petroleum, has withdrawn from the presidential race in the All Progressives Congress (APC) and has returned to work.A correspondent of the News Agency of Nigeria (NAN) who monitored development at the ministry in...

May 17, 2022 No Responses

Woman Bags 12 Years Imprisonment For Defrauding Deeper Life Church

An Ekiti High Court on Monday sentenced a 40-year-old Sade Otenuga to 12 years imprisonment for defrauding the Deeper Life Bible Church of N620,000. The court heard that Sade deceived the church into paying her the money on the pretext...

May 17, 2022 No Responses

Abuja-Kaduna Train Resumes May 23

The Federal Government, through the Federal Ministry of Transportation (FMoT), has directed that the Abuja-Kaduna Train Service (AKTS) should resume on May 23. The Deputy Director, Public Relations of the Nigeria Railway Corporation (NRC), Mr Yakub Mahmo...

May 16, 2022 No Responses

TotalEnergies, Partners Inaugurate Projects In Six States

As part of its Batch 4 Corporate Social Responsibility (CSR) projects, TotalEnergies and partners have inaugurated projects in the states of Borno, Benue, Kaduna, Gombe, Delta and Anambra. A statement issued on the company’s website on Sunday said the ...

May 16, 2022 No Responses

Lagos Begins Rehabilitation Of Sex Offenders

Lagos State Government has commenced provision of psychological support for willing sex offenders in a bid to curb sexual and gender-based violence. Mrs Titilola Vivour-Adeniyi, Executive Secretary of Lagos State Domestic and Sexual Violence Agency (DSVA), mad...

May 16, 2022 No Responses

NPA Boss: Automation Backbone Of Port Efficiency

The Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, at the weekend identified automation as the backbone of ports efficiency. Bello-Koko who said this at a media chat with maritime journalists in Lagos noted that modern ports w...

May 15, 2022 No Responses

Osinbajo Woos Jigawa Delegates Ahead Party Primaries

Vice President Yemi Osinbajo, on Saturday, was in Dutse, Jigawa State to meet with All Progressives Congress (APC) delegates from Jigawa, ahead of the party’s primary elections. The vice president, who arrived the venue of the meeting at Three Star...

May 15, 2022 No Responses

FishNet Faults Proposed Release Of Genetically Improved Tilapia

FishNet Alliance, a network of fishers in several African countries, at the weekend cautioned against planned introduction of Genetically Improved Tilapia fish into Nigeria. The coalition stated that the ‘artificial’ variety, if allowed in...

May 15, 2022 No Responses

Okomu Oil, Host Community Resolve Dispute

Okomu Oil Palm Company Plc has resolved its misunderstanding with one of host communities, Imaroghioba. The Company’s Communications Officer, Mr Fidelis Olise, who confirmed the resolution of the feud on Saturday explained that Okomu Oil a...

May 15, 2022 No Responses

Amaechi Inaugurates Governing Boards Of NPA, MAN, NIWA, Others

The Minister of Transportation, Mr Rotimi Amaechi, has inaugurated the five Governing Boards of Parastatals under the Ministry. Amaechi, in a statement on Saturday explained that the board members would help restructure and reposition the agencies ...

May 15, 2022 No Responses

Photo News

L-R: Director, New Growth Areas, Mr Olujimi Aina, Executive Chairman, LIRS, Mr Ayodele Subair, Managing Director, O. M Associates, Mr Olufemi Oguntade during a meeting on Deduction of Withholding Tax on Commission with Stakeholders within the FMCG, Gaming...

May 14, 2022 No Responses

A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs

The Akwa Ibom State Government has commissioned what its described as Africa’s first digital coconut oil refinery Commissioning the factory located in Ikot Akpan Okop village in Mkpat Enin Local Government Area on Friday, former G...

May 14, 2022 No Responses

Spotlight Shines On Nigeria’s Growing Fiscal Deficit

By Lukman Otunuga, Senior Research Analyst at FXTM — It’s no secret that many developing countries boast high fiscal deficits in the pursuit of economic growth. Nigeria’s ballooning debt profile is a perfect example of how excessive government spe...

May 14, 2022 No Responses

Shippers’ Council Partners NWUN, NARTO On Functional Ports’ Corridors

The Nigerian Shippers’ Council (NSC), the lead agency for Port Standing Task Team (PSTT) is to collaborate with the National Association of Road Transport Owners (NARTO) and Maritime Workers’ Union of Nigeria (MWUN) to clear the port corridors of extraneou...