. News – Page 19 – City Business News

March 1, 2024 No Responses

CBN Revokes Operational Licenses Of 4,173 BDCs

The Central Bank of Nigeria (CBN), in exercise of the powers conferred on it under the Bankand Other Financial Institutions Act (BOFIA) 2020, Act No. 5, and the Revised OperationalGuidelines for Bureaux De Change 2015, has revoked the licenses of...

March 1, 2024 No Responses

Owerri Customs Impounds N5.35b Contrabands In 2023

Between January and December, 2023, the Nigerian Customs Service (NCS), Federal Operations Unit (FOU), Zone C, Owerri, recovered N5.5billion from smugglers and fraudulent importers. A statement on Friday explained that the unit intercepted contraband from smug...

February 28, 2024 No Responses

Air Peace Unveils London Flight Fares, Offers Return Economy For N1.2m

Air Peace has gone live with its flight schedules for its London service billed to commence on March 30, 2024, with unbeatable fares. The airline disclosed this on Wednesday, February 28, 2024, in a press statement obtained by City Business...

February 23, 2024 No Responses

NESG, ACF Partner To Boost Nigeria’s Energy Transition, Carbon Finance Market

The Nigerian Economic Summit Group (NESG) in partnership with the African Climate Foundation (ACF), held a private sector stakeholder engagement to strengthen public-private collaboration to implement Nigeria’s energy transition plan and develop the carb...

February 19, 2024 No Responses

Ardova’s Ijora Terminal Begins Operations In March

Ardova Plc’s (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024.Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the facility by the Nigerian Midstre...

February 16, 2024 No Responses

NADDC, Osun Reiterate Mechatronics Training Partnership

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin has reiterated the Council’s commitment for more productive collaboration with Osun State Government.Osanipin made the remark on Thursday duri...

February 13, 2024 No Responses

Oyetola Receives Port Community System Report, Lauds NPA

The Minister of Marine and Blue Economy, Adegboyega Oyetola CON, on Tuesday, formally received the report for the implementation of the Port Community System (PCS) in Nigeria, a move that will enhance the ease of doing business in ports within...

February 13, 2024 No Responses

Experts Task Govt On Enabling Environment For Real Sector’s Growth

Notwithstanding mounting challenges in the nation’s economy, experts in the housing industry have said that huge opportunities abound in the country’s real estate sector. They agreed that the sector’s low contribution to the GDP has potential to grow...

February 9, 2024 No Responses

NADDC DG Inspects Ado-Ekiti Training Center

Following the completion of final installation works of equipment at the National Automotive Design and Development Council (NADDC) Automotive Training Centre, located at Ilawe Road, Ado Ekiti, the Director General, NADDC, Mr. Joseph Osanipin on Thursday, Febr...

January 31, 2024 No Responses

FG To Expand NADDC’s Mechatronics Training Scheme

Following a courtesy visit to the National Automotive Design and Development Council (NADDC)by the Special Assistant to the President on Youth Initiative Monitoring and Delivering, Titilope Gbadamisi, young Nigerians have been identified to benefit from the pe...

January 25, 2024 No Responses

Tin Can Island Customs Intercepts Cocaine, Colorado Worth N4.27b

The Nigeria Customs Service, Tin Can Island Command has intercepted four containers laden with illicit drugs, arms and ammunition imported from South Africa and Canada.Comptroller General of the Service, Adewale Adeniyi disclosed this while addressing journali...

January 23, 2024 No Responses

NADDC DG IN SOUTH AFRICA, MEETS AUTO STAKEHOLDERS

As part of measures to strengthen ties with major auto stakeholders and Original Equipment Manufacturers, the Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin, on Monday, 22nd January 2024, met with the Associati...

January 22, 2024 No Responses

NADDC, NMDPRA To Strengthen Partnership

The Director General, National Automotive Design and Development Council (NADDC), Joseph Osanipin has paid a courtesy visit to the Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed.The two Ch...

January 22, 2024 No Responses

Osun To Establish State Security Trust Fund

As part of efforts to secure lives and property of residents in Osun State, Governor Ademola Adeleke has directed the establishment of a State Security Trust Fund as a matter of urgency. In response to logistic and operational needs of...