City BusinessNews, Author at City Business News

April 30, 2025 No Responses

EFCC Charges Banks On Improved KYC

The Economic and Financial Crimes Commission, EFCC, has called on financial institutions across the country to strengthen their collaboration with the Commission towards ridding the nation of economic and financial crimes and other acts of corruption. This charge was given...

April 30, 2025 No Responses

CAC Gives Six-Week Ultimatum To Unregistered Businesses

The Corporate Affairs Commission (CAC) has issued a six-week notice to unregistered businesses to register with the Commission. This was disclosed in a statement issued by the CAC on Tuesday, titled: “PUBLIC NOTICE: CARRYING ON BUSINESS IN NIGERIA UNDER AN.....

April 30, 2025 No Responses

NLNG Unveils New Economic Empowerment Strategy

NLNG has relaunched one of its key economic empowerment programmes formerly known as Youth Empowerment Scheme (YES) as a way of spurring the growth of small businesses and youths within it’s over 110 host and pipeline communities in Rivers State....

April 29, 2025 No Responses

Seplat Energy Declares N1.228tri Revenue In 2025 Q1

Seplat Energy Plc has announced its audited results for the three months ended 31 March 2025, recording a revenue of N1.228 trillion for the period from N268.6 billion reported same quarter last year. Its gross profit soared to N535.4 billion...

April 29, 2025 No Responses

SEC DG In Morocco, Urges Co-Operation Among African Markets

The Securities and Exchange Commission (SEC), has urged cooperation among African markets in a bid to build a stronger interconnection within the continent and enhance development of new products.Director General of the Securities and Exchange Commission, Dr. ...

April 28, 2025 No Responses

Gunmen Kill 14 Farmers

Gunmen suspected to be Boko Haram terrorists have killed 14 farmers and two civilian Joint Task Force members at different locations within Gwoza Local Government Area of Borno State. The 2 Civilian Joint Task Force members were reportedly killed in...

April 28, 2025 No Responses

NDIC Begins Payment To Heritage Bank Depositors

THE Nigeria Deposit Insurance Corporation NDIC has started payment of N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank.A statement issued on Sunday by Hawwau Gambo, Acting Head, Communication and Public Affairs explained that ...

April 27, 2025 No Responses

Pope Francis Laid To Rest

Hundreds of thousands of mourners and world leaders including US President Donald Trump packed St Peter’s Square on Saturday for the funeral of Pope Francis, “pope among the people” and the Catholic Church’s first Latin American leader. Some waited ove...

April 27, 2025 No Responses

Barcelona Defeat Real Madrid 3-2

Barcelona edged Real Madrid 3-2 after extra time, with Jules Kounde’s late strike sealing victory in a thrilling 2025 Copa del Rey final on Saturday in Seville. The Catalans, aiming for a quadruple this season, won the first major trophy...

April 26, 2025 No Responses

FG Explains Aso Rock Solar Installation

The Federal Government (FG), through the Director General, Energy Commission of Nigeria, Mustapha Abdulahi has explained its decision to install solar panels at the Aso Rock Villa, the seat of power in the country. According to Abdulahi, it is unsustaina...

April 26, 2025 No Responses

Lagos Creates 3,941 New Parking Slots

As part of measures to address traffic challenges, the Lagos State Government has created 3,941 new parking slots in key areas of the state. Briefing Journalists, the Commissioner for Transportation, Mr. Oluwaseun Osiyemi explained that the initiati...

April 26, 2025 No Responses

Emirates Shipping Line Joins World Shipping Council

World Shipping Council (WSC) has welcomed Emirates Shipping Line (ESL) as a new member of the Council. A statement explained that WSC represents over 90% of global liner shipping capacity, working with policymakers and stakeholder groups ...

April 26, 2025 No Responses

CBEX: EFCC Declares Eight Persons Wanted

The Economic and Financial Crimes Commission (EFCC) has declared eight persons wanted over their alleged involvement in a fraudulent scheme linked to an online trading platform, Crypto Bridge Exhange, better known as CBEX. A public notice by the EFCC on...

April 25, 2025 No Responses

Gunmen Kidnap 15 Travellers

Gunmen on Thursday abducted not less than 15 travellers in the Gwer West Local Government Area of Benue State. It was gathered that the victims were kidnapped along Adoka-Naka Road. Speaking to journalists on the incident, the Secretary of the...