City BusinessNews, Author at City Business News

December 17, 2021 No Responses

Court Orders PenCom, Sigma Pension To Pay Retiree 50 Per Cent RSA Of N10m

The National Industrial Court has ordered the National Pension Commission and Sigma Pension Limited to allow a retiree, Rakiya Girei access to withdraw 50 per cent of her Retirement Savings Account (RSA), within 30 days. The judge, Justice Benedict Kanyip, delivering...

December 17, 2021 No Responses

Again, Customs Intercept 22,500 Litres Of Petroleum Products In Badagry

The Nigeria Customs Service (NCS), Seme Command, says it has intercepted another 750 jerry cans (30 litres) of petroleum products, making 22,500 litres, at Oloko Creek in Badagry. Mr Hussain Abdullahi, the Customs Public Relations Officer (CP...

December 17, 2021 No Responses

FRSC Returns N2.6m To Auto Crash Victim

Zamfara Command of Federal Roads Safety Corps (FRSC) has returned the sun of N2,580,000 to an auto crash victim, Bashir Abdullahi in the state. The Sector Commander, Iro Danladi, handed over the recovered money to the victim in Gusau on...

December 17, 2021 No Responses

SIFAX Group Photo News

L-R: Oluwakayode Alonge, Group Head, Human Resources; Kunle Owobamirin, Senior Manager, Shipping; Bode Ojeniyi, Group Executive Director and Olumuyiwa Akande, Group Head, Corporate Communications all of SIFAX Group at the 2021 BusinessDay Nigerian Busines...

December 17, 2021 No Responses

SIFAX Group Boss Mourns Oba Olowu

Dr. Taiwo Afolabi, Group Executive Vice Chairman, SIFAX Group, has described the death of Olowu of Owu kingdom, Oba AdegboyegaDosunmu, Amororo II, as a great loss to the company and the nation. The monarch, who died at the weekend, was the...

December 17, 2021 No Responses

Liverpool Beats Newcastle 3-1

Liverpool’s Trent Alexander-Arnold scored with a spectacular strike as they overcame the loss of three players to suspected positive COVID-19 tests to beat Newcastle United 3-1 in the Premier League on Thursday. The result meant Liverpool moved onto 40...

December 16, 2021 No Responses

AMACOS 94/99 Set Elects New Executives

L-R: Newly Elected AMACOS 94/99 Alumni Executives, General Secretary; Olufadeke Omo-Omorodion, Treasurer; Adetutu Yakub, President; Lanre Oyegbola -Sodipo, Vice President; Adebayo Adeoshun, Social Secretary; Johanna Ogundowo, Welfare Of...

December 16, 2021 No Responses

FEC Approves $1.9b To Boost Power Supply To 7,000 Megawatts

The Federal Executive Council (FEC) has approved $1.9 billion for the procurement of equipment for the nation’s power sector as part of measures to boost power supply across the country, through the Presidential Power Initiative. Briefing Jour...

December 16, 2021 No Responses

Yakubu: Undemocratic Takeover Of Govt Poses Great Challenge To ECONEC

The undemocratic takeover of government in some West African countries has created a great challenge for Electoral Commissions in the sub-region, according to the Independent National Electoral Commission (INEC) Chairman, Prof. Mahmood Yakubu. Speaking at Wedn...

December 16, 2021 No Responses

Edo Inaugurates 12-Man Road Safety Advisory Council

The Edo State Governor, Mr. Godwin Obaseki has inaugurated a 12-man Edo State Road Safety Advisory Council, charged with the responsibility of coordinating the state’s road safety targets and driving the implementation of the road safety sector strategic pla...

December 16, 2021 No Responses

5G Auction: NCC Reacts To Alleged Tinubu’s Connection To Mafab Communications

The management of the Nigerian Communications Commission (NCC) has denied knowledge of an alleged connection between Mafab Communications limited and the All Progressive Congress (APC) National Leader, Senator Bola Tinubu A statement issued on Wed...

December 15, 2021 No Responses

APM Terminals Investment In Apapa Hits N180b

The management of APM Terminals, Apapa, Nigeria, has invested not less than $438 million ( N180 billion) in acquisition of modern cargo handling equipment. In a statement on Tuesday, the Manager, Mr Steen Knudsen, expained that the equipment are for seam...

December 15, 2021 No Responses

Reps Approve FG’s $5.8b Loan Request

The House of Representatives has approved President Muhammadu Buhari’s loan request of 5.8 billion dollars.The approval followed the adoption of the report of the House Committee on Aids, Loans and Debt Management on Tuesday in Abuja.Presenting the report, R...

December 15, 2021 No Responses

Hyundai Motor Distributes Relief Materials To Flood Victims

Hyundai Motor through its corporate social responsibility arm, Hyundai Motor India Foundation has distributed relief materials to flood affected people in Sriperumbudur. According to the company, Dry rations, bed sheets, mats and t...