News Archives — Page 292 of 729

August 26, 2022 No Responses

Manufacturers Task CBN On FOREX Allocation

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to allocate more FOREX to manufacturers to allow for the importation of raw materials and machinery. Edo/Delta branch chairman of MAN, Dr Okwara Udensi, made the...

August 26, 2022 No Responses

Côte d’Ivoire Terminal Receives Electric Cranes

Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal and APM Terminal’s joint venture facility, has received its final equipment before the terminal goes live in November 2022. Namely, the new zero-emissions terminal has just received ...

August 26, 2022 No Responses

Citi Bank To Close Russian Branches

US bank Citigroup is to close its remaining branches and consumer banking operations in Russia as it exits the country in protest at the war in Ukraine. The move, which affects 2,300 staff in the country, follows an exodus of...

August 26, 2022 No Responses

First Bank Sponsors Surgery Of 50 VVF Patients, Empowers 100

First Bank of Nigeria has sponsored the surgery of 50 Vesico Virginal Fistula (VVF) patients and supported 100 patients with empowerment packages in Kano State. The Executive Director, Public Sector, FBN, Mr Abdullahi Ibrahim, said on Thursday in Kano th...

August 25, 2022 No Responses

FEC Approves N43.6b For Road Projects In Northeast

The Federal Executive Council (FEC) has approved N43.6 billion for the construction and reconstruction of roads in Borno, Yobe, Adamawa, Gombe and Bauchi States. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq...

August 25, 2022 No Responses

NIMASA DG Tasks Industrial Council On Seafarers’ Welfare

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has called on the National Joint Industrial Council (NJIC) to improve the welfare of Nigerian seafarers. Jamoh made the call at the NJIC review of the Minimum...

August 25, 2022 No Responses

Buhari Celebrates Sultan Of Sokoto, Sa’ad Abubakar III At 66

President Muhammadu Buhari congratulated the Sultan of Sokoto, Sa’ad Abubakar 111, on his 66th birthday, Aug. 24. In a congratulatory message issued by his spokesman, Mr Femi Adesina, on Wednesday in Abuja, the president joined family members, friends and ...

August 25, 2022 No Responses

Stock Market Recovers N65b

Trading activities on the Nigerian Exchange Ltd., (NGX) closed on a positive note on Wednesday, with indices growing by 0.22 per cent following gains by BUA Cement, Nestle and Stanbic Bank Specifically, the market capitalisation gained N65 bil...

August 25, 2022 No Responses

ANLCA Seeks Freight Forwarders’ Village At Lekki Deep Seaport, Explains Crisis

The Association of Nigeria Licensed Customs Agents (ANLCA) has appealed to the management of Lekki Deep Seaport to provide a Freight Forwarders’ Village for customs brokers as obtained in other modern automated ports in the world. The Acting National Preside...

August 24, 2022 No Responses

Nigeria Exports $2.6b Non-Oil Products In Six Months

Nigeria exported over 4. 146 million metric tonnes of non-oil products, worth $2.593 billion from January to June 2022, the Nigerian Export Promotion Council (NEPC), disclosed on Tuesday. Presenting the first half year 2022 progress report to Journ...

August 24, 2022 No Responses

Nigeria Decries Abuse Of Expatriate Quota Policy

The Minister of Interior, Alhaji Rauf Aregbesola has decried the abuses and gross violations of Nigeria’s expatriate quota policy by foreigners and some organisations in the country. Aregbesola condemned the practice on Tuesday in Abuja at the re-inaug...

August 24, 2022 No Responses

Kaduna Customs Area Command Gets New Controller

Mr Yakubu Salihu has assumed duty as new Controller, Kaduna Area Command of the Nigeria Customs Service (NCS). Salihu replaced Abubakar Sanusi who was transferred to the NCS Headquarters, Abuja. Sanusi, the outgoing controller, on Tuesday in Kaduna...

August 24, 2022 No Responses

Man Drags Mother-In-Law To Court Over Wife’s Refusal To Return Home

A businessman, Isma’il Ibrahim, on Tuesday dragged one Zainab Muhammad, his mother-in-law, to a Shari’a Court at Rigasa Kaduna, for allegedly refusing to allow his wife to return to her matrimonial home. The complainant, a Resident at Police Station road...

August 24, 2022 No Responses

FRSC Declares ‘Rotational’ Number Plate Illegal

The Federal Road Safety Corps (FRSC) has ordered an immediate investigation into the case of a video circulating on social media which displayed a vehicle with rotational number plates. A statement issued by the Corps Public Education Officer, Mr Bisi Kazeem....