News update Archives — City Business News

December 21, 2021 No Responses

2021: Nigeria Customs Revenue Hits N2.3tri

The Nigeria Customs Service (NCS), on Monday, disclosed that it has so far generated N2.3 trillion revenue into the federation account in 2021. In his presentation at a stakeholders/media engagement on trade facilitation in Lagos, the Deputy National Public Relations Officer, NCS,...

December 17, 2021 No Responses

Court Orders PenCom, Sigma Pension To Pay Retiree 50 Per Cent RSA Of N10m

The National Industrial Court has ordered the National Pension Commission and Sigma Pension Limited to allow a retiree, Rakiya Girei access to withdraw 50 per cent of her Retirement Savings Account (RSA), within 30 days. The judge, Justice Benedict ...

June 25, 2021 No Responses

Rail Transport Generates N5.79b In Three Years

Rail transportation in Nigeria generated N5.79 billion between 2019 and Quarter One of 2021 (Q1, 2021), the National Bureau of Statistics (NBS) has said. It said this in the “Rail Transportation Data for Q1 2019 – Q1 2021” obtained from...

April 22, 2021 No Responses

Sierra Leone’s Road Safety Authority Seeks FRSC’s Support

The Sierra Leone Road Safety Authority (SLRSA) has called on its Nigerian counterpart to assist it in strengthening and building its road management authority. The Executive Director of SLRSA, Mr Ibrahim Sannoh, who made the call when he led a...

September 10, 2020 No Responses

Lagos-Ogun Mass Transit Trains Resumes Monday, Increases Fares

The Nigerian Railway Corporation (NRC) has announced the resumption of Lagos-Ogun Mass Transit Train Services (MTTS) from Monday after five months of suspension to contain the spread of COVID-19 pandemic. A statement issued on Thursday by District Public ...

June 7, 2020 No Responses

Kano Tasks FG On W/African Protocols Review

Kano State Governor, Abdullahi Ganduje has called on the Federal Government to seek review of the West African Protocols that allow free movement as part of measures to stop herdsmen migration to Northern Nigeria. Ganduje made the appeal on Saturday...

April 23, 2020 No Responses

Lockdown: South Africa Deploys 70,000 Troops

More than 70,000 extra troops will be deployed in South Africa to help enforce a lockdown intended to stop the spread of coronavirus, President Cyril Ramaphosa has announced. South Africa has had 3,465 confirmed coronavirus cases – second only to...

March 15, 2020 No Responses

Appeals Project Team Welcomes New National Coordinator

The Management and Staff of the APPEALS Project National Coordinating Office on Friday, March 13, 2020 received the new National Project Coordinator, Mr. Mohammed Sani Jobdi in Abuja. A statement issued by National Communication Specialist, Aishat A. Onusi (Mr...

February 2, 2020 No Responses

Nigeria Deploys N220b To Strengthen Basic Education

The Federal Government has donated a total of N220 billion to endemic states to strengthen basic education and tackle the out-of-school children phenomenon, according to Mr Chukwuemeka Nwajiuba, Minister of State (Education). Nwajiuba disclosed this on Saturda...

January 6, 2020 No Responses

Edo Earmarks N6b For Community Development Projects In 2020

The Edo State Governor, Mr. Godwin Obaseki has said his administration will commit N6 billion this year for the execution of development programmes across the 24 constituencies in Edo State. The governor, in a statement, reassured that the projects to...

December 31, 2019 No Responses

NPA Begins Payment of Disengaged Dockworkers Benefits

The Management of the Nigerian Ports Authority (NPA) has commenced payment of benefits for disengaged 2015 Dockworkers under the aegis of Tally Clerks and Onboard Security Men at the Authority’s Ultra-Modern Sports Centre, in Surulere, Lagos State. A s...

December 25, 2019 No Responses

Nigeria’s Stock Market Ends 2019 In Red

By Chinyere Joel-Nwokeoma (NAN) — With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed,...

December 25, 2019 No Responses

CAN Lauds FG For Releasing Dasuki, Sowore

The leadership of the Christian Association of Nigeria (CAN) has commended the Federal government for ordering the release of former National Security Adviser (NSA), retired Col.m Sambo Dasuki, and the leader of RevolutionNow Movement, Mr Omoyele Sowore....

November 20, 2019 No Responses

LASG Approves 173 New Private Schools

The Lagos State Government, through the Ministry of Education, has given approval for the establishment of 173 private schools across the state’s five divisions. The Commissioner for Education, Mrs Folasade Adefisayo, made this known while issuing letters of...