Information – Page 586 – City Business News

November 24, 2016 No Responses

Agric research key to Africa’s transformation, says Sanginga, IITA DG

Integrated systems research approach in agriculture is key to sustainable transformation in Africa, Director-General of the International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga has said. According to Sanginga, the benefits include increase in yields and livelihoods of resource-poor...

November 24, 2016 No Responses

GE unveils ‘Garages’ Advanced Manufacturing Programme in Lagos

General Electric (GE) has officially launched the permanent installation of the Lagos Garage, a hub for advanced manufacturing-based innovation, strategy development, idea generation and collaboration. Co-located with the GE Lagos offices in Victoria Island, ...

November 21, 2016 No Responses

NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal

As part of measures to facilitate access to finance for Nigerian suppliers in the oil and gas sector, Shell with the backing of the Nigerian National Petroleum Corporation (NNPC) has signed $2.2b Memoranda of Understanding with eight Nigerian banks under...

November 21, 2016 No Responses

SEC signs capital market studies MoU with NERDC

The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing Capital Market Studies (CMS) into schools curriculum with the signing of a Memorandum of Understanding (MoU) with the Nigerian Educational Research and Development Cou...

November 20, 2016 No Responses

Pope names 17 new Cardinals

Pope Francis has named 17 new cardinals of the Roman Catholic Church from around the world, many of whom will help choose his successor. The new cardinals come from five continents, and include the Vatican’s envoy to Syria. The range...

November 19, 2016 No Responses

Trial of Driverless bus begins in Japan

A Japanese company has brought us a step closer to autonomous public transport with its Robot Shuttle. Already, the electric Robot Shuttle has completed its first public trials, traversing a 400 meter section of public road along Lake Tazawa in...

November 19, 2016 No Responses

Trump settles Trump University lawsuits for $25m

Donald Trump has settled three Trump University lawsuits for $25m (£20m), the New York Attorney General has said. The US president-elect was being sued by former students who paid $35,000 (£28,000) for real estate “secrets” from his “hand-p...

November 18, 2016 No Responses

Export Expansion Grant resumes in 2017

The Export Expansion Grant (EEG), which was suspended in 2014 following allegations of widespread abuse and the accumulation of significant liability on the Negotiable Duty Credit Certificate (NDCCs), will resume in 2017, Minister of Industry, Trade and Invest...

November 18, 2016 No Responses

Minister seeks Governors’ support for ‘Change Begins With Me’

The Minister of Information and Culture, Alhaji Lai Mohammed, has canvassed the support of State Governors for the success of theFederal Government’s National Re-orientation Campaign, “Change Begins With Me”, which was launched by President...

November 17, 2016 No Responses

‘Illegal artifacts trafficking bane of Nigeria’s quest to leverage on tourism, heritage’

The Minister of Information and Culture, Alhaji Lai Mohammed, has commended the members of the Artifacts Rescuers Association of Nigeria for playing a strategic role in the preservation of the nation’s cultural heritage, saying the ministry will continue...

November 16, 2016 No Responses

Ministry to recover un-remitted N450B from CBN, SEC, NAFDAC, others

The Federal Ministry of Finance has raised a committee to recover unremitted operating surpluses of agencies of government, running into N450billion. The committee led by the Accountant General of the Federation, Alhaji Ahmed Idris, is to reconcile the oper...

November 15, 2016 No Responses

Inflation hits 18.3 %

The National Bureau of Statistics (NBS) in a report released on Monday in Abuja said Consumer Price Index (CPI) increased to 18.3 per cent (year-on-year) in October from 17.9 per cent recorded in September. The CPI, which measures inflation, is...

November 13, 2016 No Responses

Abubakar Umar drags MTN to court over unsolicited SMS, deductions

Former military Governor of Kaduna State, Abubakar Umar, has directed his Lawyers to sue MTN over unsolicited messages and alleged fraudulent deductions. According to Umar the practice has continued despite repeated assurances that it will not happen agai...

November 12, 2016 No Responses

Dana Airlifts four million passengers in eight years

Dana Air marks 8th anniversary of its commercial flight operations. The company has also used the opportunity to reaffirm its commitment to provide “safe, reliable and customer–centric air transport services to its teeming guests”. The airline in a st...