News Archives — Page 266 of 736

December 12, 2022 No Responses

Lagos Generates N1.25b Agric Revenue, Targets N3b In 2023

The Lagos State Agriculture sector has generated over N1.2billion as revenue this year (2022) despite global food challenges. Speaking at the 2022 Lagos Food Festival on Sunday, the Lagos State Commissioner for Agriculture, Ms Abisola Olusanya, explained that the ministry...

December 12, 2022 No Responses

Twincustom Unveils Customised Luxury Cars In Lagos

Nigeria’s foremost luxury car customisation and detailing company, Twincustom Nigeria Ltd has unveiled a range of customised bespoke car models in Lagos, Nigeria. The cars, remade by hand to suit the high automotive tastes of the targeted user...

December 12, 2022 No Responses

CVFF: UBA, Zenith Bank, Union Bank, Others To Disburse N16b, $350m

Five Banks have been selected for the disbursement of Cabotage Vessel Financing Fund (CVFF). The Banks are: United Bank for Africa (UBA), Zenith Bank, Union Bank of Nigeria, Polaris Bank and Jaiz Bank. Minister of Trans...

December 12, 2022 No Responses

Bright, Ahube, Emerge Top Winners As 4th NLNG Golf Classic Ends

The 2022 edition of the NLNG Golf Classic ended in Bonny, Rivers on Sunday with Victor Bright and Nnenna Ahube clinching the top prize in the men and ladies categories. The News Agency of Nigeria (NAN) reports that the NLNG...

December 11, 2022 No Responses

Buhari Approves Disbursement Of N16b, $350m Cabotage fund

President Mohammadu Buhari has approved the disbursement of Cabotage Vessel Financing Fund (CVFF). Minister of Transportation, Mr Mu’azu Sambo, disclosed this during the flag-off ceremony of Batch B of the Third Phase of Nigerian Seafarers Developmen...

December 11, 2022 No Responses

Photo News

L-R: Irenosen Odigene, Sister; Dcn Odidison Omankhanlen, Father; Barr. Eseohe Eunice Odigene Esq, LLB, BL, Associate Member, ICMC and Mrs Irekpitan Maria Omankhanlen, Mother, during Eseohe’s Call to Bar in Abuja on Thursday

December 11, 2022 No Responses

Emefiele: Export Proceeds Repatriation To Hit $1b In Q4

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Saturday expressed optimism that export proceeds repatriation for rebate would hit N1billion fourth quarter of 2022. Emefiele said this at a press conference on the outcome of th...

December 10, 2022 No Responses

Oil Bounces On Pipeline Shutdown

Oil prices bounced on Friday as closure of a major Canada-to-U.S. crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth. Brent crude futures were at $76.70 a barrel, up...

December 10, 2022 No Responses

FMDQ: Exchange Traded Derivative Will Help Govt Raise Cheaper Funds

By citybusinessnews@yahoo.com — FMDQ Securities Exchange Limited is working towards the launch of Exchange Traded Derivative (ETD) products that will enable the government raise funds at a cheaper cost. Head, Market Architecture, FMDQ Securiti...

December 10, 2022 No Responses

WHO Develops Legal Instrument To Protect World From Future Pandemics

The World Health Organisation (WHO) says that Member States have agreed to develop the first draft of a legally binding agreement designed to protect the world from future pandemics. WHO explained in a statement that the agreement would take in...

December 9, 2022 No Responses

NNPC Disburses N15b For Lagos-Badagry Expressway Reconstruction

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway under the Federal Government Road Infrastructure Tax Credit (RITC) Scheme. The N15 billion represents a 100 per c...

December 9, 2022 No Responses

Popoola Elected ASEA Executive Committee Member

Chief Executive Officer, Nigerian Exchange Limited(NGX), Mr Temi Popoola, has been elected to the Executive Committee of the African Securities Exchanges Association (ASEA). ASEA, the continent’s prime association of securities exchanges was establishe...

December 9, 2022 No Responses

Bill Gates-Backed Blue World Technologies Targets Maritime Sector

The Danish fuel cell manufacturer Blue World Technologies is set to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventio...

December 8, 2022 No Responses

DMO Issues Two FGN Savings Bonds

The Debt Management Office (DMO) has announced its December issuance of two Federal Government of Nigeria (FGN) Savings Bonds at N1,000 per unit. According to a statement by the DMO, the first offer is a two-year FGN Savings Bond due...