Minister – Page 173 – City Business News

December 5, 2016 No Responses

CBN faults alleged unilateral dollar allocation

The Central Bank of Nigeria (CBN) on Sunday denied reports that it allocates dollars unilaterally. CBN Director in charge of Corporate Communications, Mr. Isaac Okoroafor, explained that the CBN had set up an inter-bank foreign exchange market, where anyone who...

December 5, 2016 No Responses

Strategic roles of entrepreneurship in economic growth, by NPA boss

To boost economic growth, the Managing Director of Nigerian Ports Authority (NPA) , Ms Hadiza Bala Usman has emphasised need to promote the activities of medium scale entrepreneurs and foreign investors. Speaking at the Kano Trade fair, the NPA boss...

December 5, 2016 No Responses

‘PayU’ payment system debuts in Nigeria

A global online payment service provider “PayU” has been introduced in Nigeria with innovations that will continue to make the market more competitive. The PayU Payments Nigeria Limited with trading name as “PayU”, according to its Coun...

December 4, 2016 No Responses

FG seeks protection of Cultural Heritage

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for the sensitization of local communities across Africa in order to raise their consciousness about the importance of protecting cultural heritage against marauders. The Minister made ...

December 4, 2016 No Responses

Ogun State honours IITA, AATF and Bill & Melinda Gates Foundation for commitment to agriculture

The International Institute of Tropical Agriculture (IITA), African Agricultural Technology Foundation (AATF), and the Bill & Melinda Gates Foundation were recently honoured by the Ogun State Government for their work on agricultural transformation in Og...

December 3, 2016 No Responses

‘Enabling policies for persons with disabilities are crucial to achieving SDGs’

People with disabilities are the world’s largest minority, says ILO Director-General Guy Ryder. However, their right to productive employment and decent work is frequently denied. Today, the United Nations and the world celebrate the International Day of Per...

December 2, 2016 No Responses

AfDB, UBA sign $150 million line of credit

The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a $ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. UBA Group Managing Di...

December 2, 2016 No Responses

NPA partners Port of Miami on export, trade facilitation

The Nigerian Ports Authority (NPA) and the Port of Miami are collaborating as part of measures to boost export and facilitate trade. Speaking during a visit to the Managing Director of NPA, Ms Hadiza Bala Usman in Lagos, the United...

December 1, 2016 No Responses

Minister explains role of creative industry in economic growth, recovery

The Federal Government has included the Creative Industry in its Economic Recovery and Growth Plan in order to underscore the political will to harness the immense potential of the sector for economic empowerment. The Minister of Information and Culture, Alh...

November 30, 2016 No Responses

NECA faults ‘cool-off’ provisions in FRC’s Code of Corporate Governance

The Nigeria Employers’ Consultative Association (NECA) on Tuesday criticised provisions in the recently suspended Code of Corporate Governance of the Financial Reporting Council (FRCN). According to NECA, there is no justification for the mandatory ‘co...

November 30, 2016 No Responses

ASEA re-elects Onyema, NSE CEO as President

The African Securities Exchanges Association (ASEA) held its 20th Annual General Meeting (AGM) on Sunday 27, November where the election of officers took place. At the meeting, Mr. Oscar N. Onyema, OON Chief Executive Officer (CEO) of the Nigerian Stock...

November 30, 2016 No Responses

House Committee pledges support for NIMASA

The House of Representatives Committee on Maritime Safety, Education and Administration has resolved to support the rebuilding efforts of the Nigerian Maritime Administration and Safety Agency (NIMASA) in its quest to reposition, reform and restructure for the...

November 28, 2016 No Responses

FG to name exporters of substandard agric products

Henceforth, the Federal Government will name individuals and agencies behind export of substandard agricultural products. According to the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, in the spirit of anti-corruption posture, the Federal Go...

November 28, 2016 No Responses

NPA MD implores Dangote, Flour Mills on early reconstruction of Wharf road

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Usman has appealed to the Managements of Dangote and Flour Mills to expedite action towards early reconstruction of Wharf road. Receiving the report on traffic decongestion of Apapa and it&#8217...