City BusinessNews, Author at City Business News

November 19, 2021 No Responses

Crude Oil Hovers Above Six-Week Low

Oil prices rose slightly on Thursday after dropping to six-week lows as investors wondered about how much crude major economies would release from their strategic reserves and how much that would ease global crude demand pressures. Prices fell to six-week...

November 19, 2021 No Responses

Buhari Signs Climate Change, AMCON Amendment Bills Into Law

President Muhammadu Buhari has signed into law two bills passed by the National Assembly, including the climate change bill. The now Climate Change Act owes its origin to a bill sponsored by a member of the House of Representatives, Sam...

November 19, 2021 No Responses

FG Approves N656b Budget Support Facility For States

President Muhammadu Buhari has approved N656 billion Bridge Financing Facility for the 36 States. Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, disclosed this on Thursday at a virtual NEC meeting presid...

November 19, 2021 No Responses

SEC, SON Sensitize Stakeholders On Benefits Of Commodities Exchanges

Commodities Exchanges has been described as critical to enabling investment diversification, risk management, price discovery and transactional efficiency which will, in turn, create jobs and facilitate economic development among other benefits. The Director...

November 19, 2021 No Responses

Lions Club Partners The Heal World Movement

Tagged as Homeday 2021, Heal the World movement, an arm of Tola Olukilede International Ministries, with the aim of raising people of power, purpose and prosperity worldwide hosted several orphanages and disadvantaged children across the country with numerous ...

November 19, 2021 No Responses

Super Eagles: Coach, Gernot Rohr, To know Fate Next Week

The Minister of Youth and Sports, Sunday Dare, says the Nigeria Football Federation (NFF) will decide the fate of Super Eagles Head Coach, Gernot Rohr, next week. Dare stated this on Thursday at the weekly ministerial briefing organized by the...

November 18, 2021 No Responses

SEC To Retire 152 Top Staff, Spends N6b On Salaries

As part of measures to boost financial inflow, the Securities and Exchange Commission (SEC) has concluded plans to retire 152 top management staff. Presenting the agency’s budget performance for 2021 and projections for 2022 before members of the...

November 18, 2021 No Responses

Nigeria To Allocate $200m For Creation Of 780 Agric Service Centres

The Vice President, Prof. Yemi Osinbajo, says the Federal Government is to allocate $200 million for the creation of 780 Agricultural Service Centres to serve as catalysts for training and equipment sharing, under the Nigeria-Brazil bilateral development progr...

November 18, 2021 No Responses

NGX Outlines Benefits Of Special Purpose Acquisition Firms

The Nigerian Exchange Ltd (NGX) has identified the Special Acquisition Compaines (SPACs) as a timely solution that will offer an alternative route to increasing the number of listings in the capital market. The Head, Listing Business of the NGX, Mr...

November 18, 2021 No Responses

JBS Elderly Health And Wellbeing Foundation Extend Operations, Supports Underprivileged Elderly In Abuja.

A Non-Governmental Organisation (NGO), JBS Elderly Health and Wellbeing Foundation Africa has food and other relief materials to the underprivileged Elderly In Abuja. In a statement, the group revealed that they have extended operations to the Northern part of...

November 17, 2021 No Responses

Orjiako Steps Down As Seplat Energy Chairman

By Moses Ebosele, ebosele@hotmail.com — Dr. A.B.C. Orjiako has stepped down as Chairman and from the Board of Directors of Seplat Energy Plc. Orjiako’s decision to step down is coming about one week after the res...

November 17, 2021 No Responses

Ardova Completes N25.3b Series 1 Bond

Ardova Plc (AP) has successfully completed the N25.3billion Series 1 Fixed Rate Senior Unsecured Bond issue under its N60 billion debt issuance programme. Chief Executive Officer of AP, Mr Olumide Adeosun,in a statement on Wednesday explained that the ...

November 17, 2021 No Responses

Former NIMASA D-G Defects To APC

A Former Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Chief George Eneh, has defected from the People’s Democratic Party (PDP) to All Progressives Congress (APC). Eneh said he decided to join APC to wrest power from th...

November 17, 2021 No Responses

FG, States, LGCs Share N671.9 b For October

The Federal Government, States and Local Government Councils (LGCs) on Wednesday, shared N671.910 billion as Federation Accounts Allocation Committee (FAAC) for October. A statement by Mr Oshundun Olajide, the Acting Director, Information, Ministry of Fi...