Minister – Page 108 – City Business News

February 16, 2018 No Responses

Nigeria, Global Bodies Move To Stop Illicit Financial Flows in Africa

Nigeria and global organisations, including theOrganisation for Economic Cooperation and Development (OECD) and the World Bank Group, have agreed on high-level collaborations with Nigeria and other African countries to stop Illicit Financial Flows (IFF) in Africa. This was a...

February 15, 2018 No Responses

Dakuku: Judiciary Key to Developing Blue Economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency is taking deliberate steps to work with the Judiciary and other arms of Government to reposition Nigeria’s maritime indust...

February 13, 2018 No Responses

Adeosun to Address UN, OECD on Tax, Revenue Leakages

The Honourable Minister of Finance, Mrs. Kemi Adeosun, has been invited by the Organisation for Economic Cooperation and Development to speak at the Platform for Collaboration on Tax Conference on Thursday, February 15, at the United Nations in New York....

February 8, 2018 No Responses

Nigerian Railway generates N4.1billion in 2017

The Managing Director, Nigeria Railway Corporation (NRC), Mr Fidet Okhiria, said on Wednesday that the cooperation generated N4.12 billion in 2017, as against the N4.85 billion targeted. Okhiria made this known during the 2018 Budget Defence and the organisati...

February 8, 2018 No Responses

FG re-appoints Consortium of Banks to implement $2.5b Euro bond

The Federal Government has announced the re-appointment of a consortium of banks including Citi Group, Standard Chartered, Stanbic IBTC, Whitten-Case and African Practice to implement its 2.5billion dollars Eurobond scheme. The Minister of Finance, Mrs Kemi Ad...

February 6, 2018 No Responses

CBN injects $210m into foreign exchange market

Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various segments of the market. Giving a breakdown of the amount, the acting Director, Corporate...

February 5, 2018 No Responses

NRC to hold retreat on 2018 agenda

Mr Fidet Okhiria, the Managing Director, Nigerian Railway Corporation (NRC), on Sunday said the Corporation would be holding a retreat to set agenda for 2018. Okhiria told the News Agency of Nigeria (NAN) in Abuja that the retreat would hold...

February 2, 2018 No Responses

27 ships expected at Lagos Seaports

The Nigerian Ports Authority (NPA) says 27 ships are expected to arrive in Apapa and Tin Can Island Ports in Lagos from Feb. 2 to Feb. 24. NPA, in its daily publication, `Shipping Position’, issued on Friday in Lagos, said...

February 1, 2018 No Responses

NNPC seeks PPP arrangement for pipelines

Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), on Wednesday said its subsidiary companies would partner with the private sector to build more pipelines across the country. Baru said this in Abuja in a statement by th...

February 1, 2018 No Responses

USCG expresses satisfaction with ISPS code compliance level in Nigeria

The United States Coast Guard (USCG) has expressed satisfaction at the compliance level of Nigeria with the International Ships and Ports Security (ISPS) facility Code at the nation’s ports. A delegation from the USCG led by Lt. Commander Jacob...

January 31, 2018 No Responses

Oando: Minister, Gwarzo differ at public hearing over forensic audit

Minister of Finance, Mrs Kemi Adeosun, on Tuesday insisted that suspension of Mr Munir Gwarzo, Director-General of Security and Exchange Commission (SEC), was valid. At an investigative hearing organised by House of Representatives Committee on Capital Market ...

January 31, 2018 No Responses

Amaechi’s absence stalls Ministry of Transportation budget defence

Minister of Transportation Rotimi Amaechi’s absence from the House Committee on Land Transport on Tuesday stalled the ministry’s 2018 Budget defence. The exercise, which was scheduled to hold at the National Assembly Conference Hall in Abuja, was adjourned...

January 30, 2018 No Responses

Mineral Resources: Fayemi seeks partnership with varsities

Mr Kayode Fayemi, the Minister of Mines and Steel Development, on Monday called for collaborative efforts with universities to explore Nigeria’s abundant mineral resources. He made the plea at the Golden Jubilee celebration of Geology Department of...

January 30, 2018 No Responses

Bala Usman: We shall maximize huge potential in seaports for increased revenue generation

To successfully tap huge economic potentials available in the maritime sector, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured relevant Stakeholders of the management resolve to provide enabling environment and infrastruc...