News Archives — Page 253 of 735

January 20, 2023 No Responses

CBN To Sanction Banks Dispensing Old Notes Through ATMs

The Central Bank of Nigeria (CBN), on Thursday threatened to sanction banks in Cross River dispensing old naira notes through their Automated Teller Machines, (ATMs). The warning came from Ms Glory Iniunam, Branch Controller of CBN in Cross River, during...

January 20, 2023 No Responses

NIMASA Names Vessel After Folarin

The Nigerian Maritime Administration and Safety Agency (NIMASA) has conluded plans to immortalise the late maritime icon, Otunba Kunle Folarin by naming one of its newly-acquired vessels after him. The Director-General NIMASA, Dr Bashir Jamoh, made this ...

January 20, 2023 No Responses

World’s First Digital Ship Register Debuts

Denmark has launched the world’s first digital ship register to increase security related to ship registration and ship trading. Under the arrangement, Danish Maritime Authority has rolled out a new digital ship register to ease the workload with faste...

January 19, 2023 No Responses

NNPC Secures FEC’s Approval To Invest N1.9tri In 44 Federal Roads

The Federal Executive Council(FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPC LTD.) to invest N1.9 trillion in the reconstruction of 44 federal roads under the tax credit policy. The council gave the app...

January 19, 2023 No Responses

CBN To Banks: Collect Redesigned Notes Or Face Sanction

The Central Bank Governor, Godwin Emefiele, has called on commercial banks to approach the apex bank branches across the country to pick up the new naira notes. Emefiele made the call when the apex bank took its sensitisation tour on...

January 19, 2023 No Responses

FEC Approves N1.4b For 26 Toyota Hilux, Hiace, Others

The Federal Executive Council (FEC) has approved the sum of N1.4 billion for the procurement of vehicles for the hydro-carbon pollution remediation project in Ogoniland, Rivers State. Minister of Environment, Mohammed Abdullahi, disclosed this while brie...

January 19, 2023 No Responses

Customs MMIA Generates N20.9 b In 2022

The Nigeria Customs Service (NCS), Murtala Muhammed International Airport (MMIA) Command, generated N20.9 billion between January and December 2022. This is contained in a statement in Lagos, on Wednesday by Juliana Tomo, a Superintendent of Customs and ...

January 19, 2023 No Responses

FirstBank To Hold 2023 Economic Outlook Webinar

First Bank of Nigeria is to hold its 2023 Nigeria Economic Outlook webinar to deliberate on national and global trends that will shape economic landscape in the new fiscal year. The Group Head, Marketing and Corporate Communications of FirstBank, Mrs...

January 19, 2023 No Responses

Buhari Congratulates Jahman Anikulapo At 60

President Muhammadu Buhari has shared the joy of celebrations with a renowned culture and arts advocate, Jahman Anikulapo, who turned 60. In a congratulatory message issued by his Spokesman, Mr Femi Adesina on Wednesday, the president noted that Ani...

January 19, 2023 No Responses

Catholic Bishops Urge Nigerians To Elect Patriotic, Servant Leaders

For the desired change in the country, Nigerians must vote for leaders who will be true patriots and servants of the people, the Catholic Bishops of Ibadan Ecclesiastical Province have said. The Bishops also advised the electorate to ensure that...

January 18, 2023 No Responses

FG, States, Local Councils Share N990.189b For Dec 2022

The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for the month of December 2022. This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of...

January 18, 2023 No Responses

Kia Carens Wins Indian Car Of The Year Award

The Kia Carens has been crowned as the Indian Car of the Year (ICOTY) 2023 and the Kia EV6 won the Green Car Award 2023 by ICOTY. A statement sent to City Business News explained that with this, Kia...

January 18, 2023 No Responses

Farmers Task Govt On Holistic Approach To Challenges

Farmers’ associations have called on the three tiers of government to employ holistic approach toward addressing the challenges facing the agricultural sector in the country. The Chairman, All Farmers Association of Nigeria (AFAN) in Oyo State, Mr John...

January 18, 2023 No Responses

State Governors Invite Emiefele For Meeting Over New Naira Notes

The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, for a virtual meeting on Thursday over issues related to the new naira notes introduced by the apex bank. The Head, Media...