City BusinessNews, Author at City Business News

August 25, 2024 No Responses

Ogun, Oyo Get More CNG Conversion Centers

The Presidential Compressed Natural Gas Initiative (PCNGI) has launched nine additional conversion centers to the 55 existing conversion centers in Oyo and Ogun States. The launch of the nine CNG conversion centers in Oyo and Ogun States took place on...

August 24, 2024 No Responses

SANWO-OLU TASKS MANUFACTURERS ON TECHNOLOGY, INNOVATION

Lagos State Governor, Babajide Sanwo-Olu has tasked manufacturers to embrace new technology and innovation as tools that can significantly enhance productivity, optimise production processes, reduce waste and improve the quality of goods produced. Govern...

August 24, 2024 No Responses

Afriland Properties Declares N178.6m Interim Dividend

Afriland Properties Plc has declared an interim dividend for the half-year ended 30th June 2024. The real estate company explained that its Board of Directors had approved an interim dividend of 13 kobo per share, amounting to a total payout...

August 24, 2024 No Responses

Photo News

L-R: Boeing’s Field Service Representative, Mr. Kingsley Jarvis; Director General (DG), Nigeria Civil Aviation Authority (NCAA), Capt Chris Najomo and Boeing’s Director, Global Safety and Regulatory Affairs, Middle East and Africa, Chief Aerospace Safety O...

August 23, 2024 No Responses

Oando Completes $783m Acquisition Of Agip Oil Company

Oando Plc has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783m. The company announced this on Thursday in a statement by its Chief Compliance Officer and Company Secretary, Ayotola Jagun. The deal sees Oando, which.....

August 23, 2024 No Responses

NAFDAC Impounds Petrol Tankers For ‘Transporting Vegetable Oil’

The National Agency for Food and Drug Administration and Control (NAFDAC) has seized three petrol tankers used to convey edible vegetable oil in Lagos State. In a post on X on Wednesday, the agency said the oil had reportedly been...

August 22, 2024 No Responses

Nigeria Increases Passport Procurement Fees

The Nigerian Government has increased the fees for the procurement of Nigerian Passports with effect from the 1st of September 2024. A statement by the spokesman of the Nigeria Immigration Service, DCI Kenneth Udo, explained that the increment is a...

August 22, 2024 No Responses

FG Imposes N555.8m Fine On Fidelity Bank

For violating its customers’ data privacy, the National Data Protection Commission (NDPC) has imposed N555.8 million fine on Fidelity Bank Plc. NDPC’s National Commissioner, Vincent Olatunji, disclosed this during a Validation Workshop on t...

August 21, 2024 No Responses

CBN Explains High Remittance Inflows Of $553m In July

For the Month of July, 2024, the Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553m, a 130 per cent increase from the corresponding period in 2023. A statement by the Apex bank’s Ag....

August 21, 2024 No Responses

Kogi To Host GOCOP 2024 Conference on Power, Insecurity, Digital Economy

The Guild of Corporate Online Publishers (GOCOP) has said that its 2024 annual conference will be held in Kogi state on Thursday, October 3. A statement by the Publicity Secretary of GOCOP, Sir Remmy Nweke, quoted the 2024 Conference Planning Commit...

August 21, 2024 No Responses

Court Of Appeal Orders Yahaya Bello To Show Up For Arraignment.

The Court of Appeal, sitting in Abuja on Tuesday, August 20, 2024 ordered a former Kogi State governor, Yahaya Adoza Bello to present himself before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, for arraignment before any further...

August 20, 2024 No Responses

FG Appoints New Management Team For Niger Delta Power Holding Company

President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC) with Engineer Jennifer Adighije as the Managing Director/Chief Executive Officer. A statement issued by the Special Adviser ...

August 20, 2024 No Responses

FirstBank Commemorates Corporate Responsibility & Sustainability Week

FirstBank has announced its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. A statement explained that this year’s edition aims to reinforce the bank’s positive outcomes of sowing seeds of kindn...

August 19, 2024 No Responses

Edo Grants Waiver To Nigeria’s First Loyola Jesuit University

The Edo State Government through the Ministry of Physical Planning, Housing, Urban and Regional Development has granted approval to Jesuit Education Worldwide for the development of the first Loyola Jesuit University in Nigeria. The university, it was gathered...