City BusinessNews, Author at City Business News

September 9, 2016 No Responses

Frsc deploys 20,000 personnel, 697 vehicles for Sallah patrols

The Federal Road Safety Corps (FRSC) has deployed 20,000 for the sallah celebration scheduled for Monday and Tuesday. According to the FRSC Corps Marshall, Boboye Oyeyemi, the agency was not comfortable with road clashes and casualties, deposit their reduction in...

September 9, 2016 No Responses

Conoil shareholders to get N2.08b dividend

For the year ended December 31, 2015, shareholders of Conoil Plc are to get N2.08 Billion, amounting to N3 per share, compared to N1 paid in the previous year. Despite challenges within the operating year, the company also declared...

September 9, 2016 No Responses

‘We will not abdicate our roles in maritime sector to anybody’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has restated that the Agency is capable of carrying out its regulatory functions and will not abdicate its mandate to anybody. Dr. Peterside made this...

September 9, 2016 No Responses

Mixed reactions as INEC shifts Edo elections to Sept 28

Mixed reactions continue to trail final decision by the Independent National Electoral Commission (INEC) to postpone Edo Governorship election scheduled for this Saturday toSeptember 28, 2016. While the State Chairman of the All Progressive Congress (APC) M...

September 9, 2016 No Responses

Buhari unveils ‘change begins with me’ campaign

President Muhammadu Buhari has described the new National Orientation Programme, Change Begins With Me, as a determination of his administration to carry all Nigerians along. Speaking at the unveiling of the programme in Abuja, Buhari decried the alleged er...

September 8, 2016 No Responses

NPA boss at LADOL, seeks support for local content development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala-Usman on Wednesday commended ongoing multi-billion investment at Lagos Deep Offshore Logistics (LADOL). Speaking during a facility tour of LADOL, Bala-Usman reintegrated the resolve...

September 8, 2016 No Responses

NAF conducts special military exercise in Abuja

The Nigerian Air Force (NAF) on Wednesday simulated a counter terrorist exercise at the Nnamdi Azikiwe International Airport, Abuja. According to NAF, the exercise followed on the heels of recent terrorist attacks in some major airports around the world.....

September 8, 2016 No Responses

Council of State Confirms IGP, approves Commissioners for INEC, NPC

The Council of State and the Police Service Council have confirmed the appointment of Mr Ibrahim Idris as the Inspector General of Police. Briefing State House Correspondents on the outcome of the meeting, the Governor of Jigawa State, Mr Abubakar...

September 8, 2016 No Responses

Uncertities over Edo Elections

TO be or not to be, That was the situation with Edo State Election scheduled to hold on Saturday, September 10, 2016. Already, the Department of State Services, DSS, on Wednesday advised the Independent National Electoral Commission (INEC) to...

September 8, 2016 No Responses

Buhari mourns Olorogun Michael Ibru

President Muhammadu Buhari has consoled the family of Olorogun Michael Ibru, who died on Tuesday in the United States of America (USA) at 85. The President also commiserated with the Government and people of Delta State and the Urhobos in...

September 7, 2016 No Responses

‘Nigeria begins visa on arrival for foreign investors soon’

As part of measures to encourage foreign investors, the Federal Government is to commenece issuance of Visa at point of entry into Nigeria. According to the Vice President, Prof Yemi Osinbajo, the development is expected to curtail perceived bureaucratic b...

September 7, 2016 No Responses

IBM Appoints Dipo Faulkner as Country General Manager for Nigeria

IBM has announced the appointment of Ernest Oladipo Faulkner as Country General Manager, IBM Nigeria. He succeeds Taiwo Otiti who served as Country General Manager, West Africa, since 2010. Dipo will be responsible for IBM’s overall business in Nigeria w...

September 7, 2016 No Responses

Shareholders seek adequate awareness on proposed amendments to CAMA

Members of the Proactive Shareholders Association of Nigeria have urged relevant Government agencies to prevail on the Corporate Affairs Commission (CAC) to extend till end of the year proposed amendment of the Companies and Allied Matters Act (CAMA). Accord...

September 7, 2016 No Responses

FG task banks on fight against corruption, terrorism

The Federal Governmet has challenged financial services sector in Nigeria to support ongoing efforts to tackle corruption, terrorism and money laundering in Nigeria. Speaking at the 10th Annual Banking and Finance Conference in Abuja, President Muhammadu Bu...