News Archives — Page 207 of 725

May 13, 2023 No Responses

Buhari Congratulates NYSC At 50

President Muhammadu Buhari has congratulated a former Head of State, Yakubu Gowon, for the wisdom of setting up the National Youth Service Corps (NYSC) in 1973. In a statement by his spokesperson, Femi Adesina, on Friday, Buhari said the scheme had...

May 13, 2023 No Responses

Geely Releases ESG Report

Geely Automobile Holdings Limited has released its 2022 Environmental, Social and Governance (ESG) report. City Business News report that in the 2022 report, where 2020 is taken as the baseline, Geely Auto’s lifecycle carbon emissions per vehicle decre...

May 13, 2023 No Responses

Hyundai Delivers 1,021,712 Units In Three Months

By Moses Ebosele, ebosele@hotmail.com — Between January and March 2023, Hyundai Motor sold 1,021,712 units around the globe, a 13.2 percent increase from a year earlier. City Business News report that sales in markets outside o...

May 12, 2023 No Responses

Oil Falls On Weak US, Chinese Data

Oil prices fell about two per cent to a one-week low on Thursday as a political standoff over the U.S. debt ceiling stoked recession jitters in the world’s biggest oil consumer, while rising U.S. jobless claims and weak Chinese economic...

May 11, 2023 No Responses

CJN Harps On Sustained Fight Against Piracy

The Chief Justice of Nigeria and Chairman, Board of Governors of the National Judicial Institute, Hon. Justice Olukayode Ariwoola, has stated that the judiciary has a role to play in all legal forms of fight against piracy, noting that a...

May 11, 2023 No Responses

Toyota Appoints CFAO Motors Distributor In Nigeria

By Moses Ebosele, ebosele@hotmail.com Foremost distributor of mobility products and services in Nigeria, CFAO Motors has been appointed as an official distributor of Toyota vehicles in Nigeria. The appointment positions CFAO Motors as the ...

May 11, 2023 No Responses

Nigeria Approves New Auto Policy

The Federal Executive Council (FEC) has approved the new National Automotive Industry Development Plan (NAIDP) 2023. The memo for the plan was presented by the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, during this Wednesday FEC meetin...

May 11, 2023 No Responses

NPA, Customs, NEPZA, Others Reiterate Support For Lekki Port

By Moses Ebosele, ebosele@hotmail.com Key Federal Government agencies have resumed full activities at the recently inaugurated $1.5 billion Lekki Port and Lekki Freeport Terminal. Representatives of the agencies who spoke at an interactive sess...

May 10, 2023 No Responses

NPA, CBN Boost e-Call Up Scheme With NXP Requirements

By Moses Ebosele. ebosele@hotmail.com — As part of measures to enhance Electronic Call Up system, the Nigerian Ports Authority (NPA) in collaboration with the Central Bank of Nigeria (CBN) is at the conclusive stage to integrate the CBN NXP requirements...

May 9, 2023 No Responses

FAAN TO HOLD SECOND EDITION OF NATIONAL AVIATION CONFERENCE

The Federal Airports Authority of Nigeria (FAAN) is set to play host to all stakeholders and investors, at the second edition of the FAAN National Aviation Conference (FNAC2) The theme of this edition, which will be holding at the...

May 9, 2023 No Responses

Obaseki Congratulates Abu Inu Umoru At 60

The Edo State Governor, Mr. Godwin Obaseki has congratulated the Chairman of Setraco and Hartland Construction Companies, Chief Abu Inu Umoru on his 60th birthday. In a statement, the governor extolled Umoru for his “unprecedented and impactful con...

May 9, 2023 No Responses

NIMASA DG X-Rays Untapped Opportunities In Marine Tourism

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has called for collaboration between the tourism and maritime sectors in Nigeria, stating that with the enormous resources inherent in...

May 9, 2023 No Responses

Airtel Pays NCC N58.7b For Spectrum License Renewal

Airtel Nigeria, a subsidiary of Airtel Africa has paid N58.7 billion to the Nigerian Communications Commission (NCC) to renew its 2×10 MHz 2100 MHz spectrum license. A statement to the Nigerian Exchange Limited (NGX) signed by Company Secretary Simon O’Hara...

May 9, 2023 No Responses

Buhari Urges Support For Adeleke As Supreme Court Affirms Victory

President Muhammadu Buhari has urged all citizens and residents of Osun State, particularly her notable sons and daughters, to give the government of Senator Ademola Adeleke all the support it needs to ensure that programmes, policies, plans and aspirations fa...