Minister – Page 51 – City Business News

January 4, 2024 No Responses

Delta To Disburse N2b Special Agricultural Intervention Fund To Farmers In January

Delta State Governor, Sheriff Oborevwori has announced that the state government is set to distribute a Special Agricultural Intervention Fund of N2 billion to farmers this month. The governor revealed this information on Wednesday while examining the Accelerated Agricultural Development...

January 1, 2024 No Responses

‘FG Must Address Economic Hardship In 2024’

January 1, 2024 No Responses

Nasarawa Partners Shippers Council On Inland Dry Port, Export

As part of measures to facilitate seamless export out of the country, the Nasarawa State Government has expressed willingness to partner with the Nigerian Shippers’ Council (NSC) for the establishment of an Inland Dry Port (IDP) in the state. Speaking...

December 31, 2023 No Responses

National Assembly Passes N28.7trillion 2024 Budget

The National Assembly on Saturday passed the 2024 Appropriation Bill, increasing the sum to ₦28.7 trillion from the initial ₦27.5 trillion presented by President Bola Tinubu late November. The lawmakers in the Senate and the House of Representatives ...

December 31, 2023 No Responses

Revamping Nigeria’s Seaports For Growth

On assumption of duty as Managing Director/CEO of the Nigerian Ports Authority NPA, Mohammed Bello-Koko was quite clear and intentional on his mission and vision for the nation’s seaports, which were then seriously grappling with infrastructural decay across...

December 28, 2023 No Responses

Nigeria Firm To Export Gas To South Africa

A Nigerian-based energy company, Riverside LNG, has revealed ongoing discussions regarding a potential agreement to supply gas to South Africa from the first quarter of 2024. This would mark the first such deal between the two nations, sh...

December 26, 2023 No Responses

Experts Laud Lagos Govt On Economy, Budget

Lagos State government has been commended for its efforts on the economy and the 78 percent performance of the year 2023 Budget as of September. Business experts and economists gave the commendation at a Round Table organised by the Economic...

December 25, 2023 No Responses

Lagos Shuts Quilox Night Club

Citing safety and other environmental infractions,the Lagos State Government has shut down Quilox Night Club located in Victoria Island. Officials of the Lagos State Environmental Protection Agency (LASEPA) and the Lagos State Safety Commissio...

December 24, 2023 No Responses

Lagos Releases Impounded Trucks

The Lagos State Government has released trucks impounded by the Traffic Management Authority (LASTMA) during a special operation on Friday, 22nd December, 2023. City Business News report that the trucks were impounded for impeding traffic flow on the Cele-Apap...

December 23, 2023 No Responses

CBN Unveils Guidelines For Regulating Virtual Assets In Nigeria

The Central Bank of Nigeria (CBN) has unveiled guidelines for virtual assets as part of measures to allow virtual assets service providers (VASPs) which include cryptocurrencies and crypto assets organizations to open accounts with Nigerian banks. The de...

December 22, 2023 No Responses

CBN Warns PoS Operators, Banks Against Cash Hoarding

The Central Bank of Nigeria has issued a warning against Deposit Money banks and Point of Sales (PoS) merchants over alleged hoarding of cash in the country. A circular signed by CBN’s acting director of Corporate Communications, Hakama...

December 22, 2023 No Responses

Photo News

Director General, Nigerian Maritime Administration and Safety Agency ( NIMASA), Dr Bashir Jamoh, OFR (Right) and the Executive Secretary, Nigerian Shippers’ Council (NSC), Pius Ukeyima Akutah, MON in a tete-a-tete on how inter Agency collaboration can enh...

December 20, 2023 No Responses

Lagos To Deploy 1,000 CNG Buses In 2024

The Lagos State Government is to deploy about 1,000 Compressed Natural Gas (CNG)-buses before the end of 2024. Already, the State has concluded plans to take delivery of 100 units of CNG Buses and 50 electric buses from the Federal...

December 20, 2023 No Responses

NCDMB Commits To Capacity Utilisation, Patronage For Nigerian Service Companies

The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companies would remain of strategic importance to take advantage of the massive development of operational capabilities si...