News Archives — City Business News

April 26, 2024 No Responses

Netherlands To Invest $250m In Nigeria

Prime Minister of Netherlands, Mark Rutte has announced $250 million fresh investments in Nigeria. The Prime Minister made the announcement during a meeting with Nigeria’s President Bola Tinubu, who is currently undertaking a three-day visit to the Netherlands. Rutte commended...

April 26, 2024 No Responses

Air Peace Secures Approval For Abuja-London Flights

Air Peace has secured approval for its Abuja-London flights. The Minister of Aviation and Aerospace Development, Festus Keyamo, who disclosed this on Channels Television’s Politics Today programme on Thursday, said he has given approval f...

April 26, 2024 No Responses

MTN, Airtel, Glo, Others Set To Raise Tariff

MTN, Airtel and Globacom have pushed for cost-reflective tariff in view of extant economic realities. This was contained in a statement jointly released by the Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of Telecommun...

April 25, 2024 No Responses

Nigeria Customs Reaffirms Commitment To Gender Equality

The Nigeria Customs Service (NCS) has reiterated its dedication to promoting gender equality in decision-making processes as part of its efforts to combat gender discrimination and gender-based violence.At a capacity-building workshop on gender inclusivity, co...

April 25, 2024 No Responses

Nigeria Revokes Additional 924 Dormant Mineral Licences

The Federal Government has revoked an additional 924 dormant mineral licences with immediate effect. The revoked mineral licences which include 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 small-scale mining licenses, were disclosed...

April 25, 2024 No Responses

Ogbuku: Technology, Key To Growth In Niger Delta

The Managing Director, Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has emphasised the importance of technology in driving economic growth and social development in the Niger Delta region. Speaking at the Port Harcourt Tech Expo 2024, Ogbuku, sa...

April 25, 2024 No Responses

Obaseki Rallies Stakeholders In Uhunmwode, Orhionmwon On Regional Development

The Edo State Governor, Mr. Godwin Obaseki, on Wednesday, met with residents and other stakeholders in Orhionmwon and Uhunmwode Local Government Areas (LGAs) of the State to seek their support and input in the State’s Regional Development and Benin City...

April 24, 2024 No Responses

TotalEnergies Unfolds LNG Project In Omar

France’s energy giant, TotalEnergies has made a final investment decision (FID) for a liquefied natural gas (LNG) project in Oman, designed to run on solar power and serve as the first LNG bunkering hub in the Middle East. This ga...

April 24, 2024 No Responses

Minister, NADDC Boss, Others To Speak At Nigeria Auto Industry Summit

All is now set for the maiden edition of the Nigeria Auto Industry Summit (NAISU) being organized by the Nigeria Auto Journalists Association (NAJA) in partnership with the National Automotive Design and Development Council (NADDC).Scheduled to hold at Radisso...

April 24, 2024 No Responses

Shippers Council Registers 160 Port Operators

The Nigerian Shippers Council (NSC) has enrolled 160 port stakeholders into its Regulated Port Service Provider and Users platform since the initiative began in 2023. The Executive Secretary of NSC, Mr Pius Akutah, made the disclosure to the News Agency....

April 23, 2024 No Responses

Dana Air Reacts As Plane Skids Off Runway

Dana Air regrets to inform the public of a runway incursion involving one of our aircraft, registration number 5N BKI, which was flying from Abuja to Lagos. today 23/04/24We are relieved to confirm that all 83 passengers and crew onboard...

April 23, 2024 No Responses

FG Unveils N200b Intervention Fund For MSMEs, Manufacturers

The Federal Government has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in Nigeria. Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this announce...

April 23, 2024 No Responses

Court Frees Ex-NIMASA DG Over Alleged ₦8.5b Fraud

The Federal High Court sitting in Lagos has freed a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, over an alleged ₦8.5bn fraud brought against him by the Economic and Financial Crimes C...

April 23, 2024 No Responses

Edo Distributes Inputs To 1,734 Farmers

The Edo State Government has commenced the distribution of farm inputs and processing equipment to smallholder farmers across the seven local government areas in Edo South Senatorial District for the 2024 planting season. The distribution was carried out throu...