City BusinessNews, Author at City Business News

October 24, 2021 No Responses

My Defection To APC Informed By Patriotic Considerations, Says Okeke, Anambra Deputy Governor

Deputy Governor of Anambra State, Dr Nkem Okeke, has dismissed claims and reports in some quarters that his recent defection from the All Progressives Grand Alliance (APGA) to the All Progressives Congress (APC) was informed by APGA’s failure to choose...

October 23, 2021 No Responses

FBN Holdings Denies Femi Otedola’s Acquisition

By Moses Ebosele, ebosele@hotmail.com – FBN Holdings (FBNH) Plc, on Thursday, denied the reported acquisition of a majority stake in the company by Businessman, Mr Femi Otedola. In a statement published on the website of the Nigerian Exchange (NGX...

October 23, 2021 No Responses

AIICO Insurance Director Resigns

By Moses Ebosele, ebosele@hotmail.com — The Executive Director of AIICO Insurance Plc in charge of Retail Business, Mr. Olusola Ajayi has resigned from the Board of the Company. A notice sent to the Nigerian Exchange (NGX)...

October 23, 2021 No Responses

CBN Earmarks N200b For Healthcare Sector

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Friday said the apex bank had earmarked N200 billion to support the healthcare sector as part of measures to drive the recovery of Nigeria’s economy. Emefiele said this at the...

October 23, 2021 No Responses

NRC To Resume Services On Abuja-Kaduna Route Oct 23

The Nigerian Railway Corporation (NRC) is to resume normal services on the Abuja-Kaduna train service (AKTS) route on Saturday, October 23, 2021.. The Managing Director of NRC, Mr Fidet Okhiria, explained on Friday that the corporation was also com...

October 23, 2021 No Responses

NCC Lists Measures To Guard Against “Flubot” malware

The management of Nigerian Communications Commission (NCC) on Friday alerted Nigerians of the existence of new, high-risk and extremely damaging, Malware called “ Flubot”. A statement issued by the Director of Public Affairs (DPA), NCC, Dr. Ikechukwu A...

October 23, 2021 No Responses

NCC Explains Emergency Communications Centres, Tasks Media On Peace, Unity

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Communications Commission’s (NCC) Emergency Communications Centres (ECC) have become a rallying point for the promotion of the security of lives and property of citizens, the Executive Vice Chairman...

October 23, 2021 No Responses

Pope Francis Receives PSG Shirt From Messi

Pope Francis has thanked Argentina football star Lionel Messi for sending him a Paris Saint-Germain (PSG) club jersey. “Lionel Messi, dear brother, thank you for the jersey and the dedication,” the pontiff said in a video published on Friday by...

October 22, 2021 No Responses

Freight Forwarders Threaten Strike Over Alleged Extortion By Shipping Firms

Freight forwarders in Nigeria have issued a threat to the down tool from the nation’s seaports in the next two weeks due to alleged extortion and high-handedness by shipping companies. The National Association of Government Approved Freight Forwarders (NA...

October 22, 2021 No Responses

TotalEnergies Receives New LNG Carrier

Japanese shipping major, NYK Line, has delivered Liquefied Natural Gas (LNG) carrier, LNG Endeavour to French energy giant, TotalEnergies. According to World Maritime report, the LNG carrier is equipped with a WinGD X-DF diesel engine that can...

October 22, 2021 No Responses

Bua Cement, MTNN, Airtel, lift NGX By N237b

Bullish sentiments persisted on the Nigerian Exchange (NGX) Ltd on Thursday with the market capitalisation increasing further by N237 billion due to investors’ sentiment in bellwethers. The bellwethers are BUA Cement, MTN Nigeria Commnuciations (MTNN) ...

October 22, 2021 No Responses

INEC: We Are Satisfied With Level Of Preparations For Anambra Governorship Election

The Independent National Electoral Commission (INEC) on Thursday, said it is satisfied with the current level of preparations for the November 6 Anambra governorship election. In a statement by its National Commissioner and Chairman, Information and Voter Educ...

October 22, 2021 No Responses

Another Shell’s Tanker Joins Signal Maritime Pool

Signal Maritime, the Signal Group’s shipping arm, has taken commercial management of MT Silver London, the new Shell’s medium-range (MR) tanker, increasing the pool’s fleet size to 15. The addition of the energy major’s tonnage as well ...

October 22, 2021 No Responses

Russia To Export Premium Cars To Middle East, Africa In 2022

Russia will begin exporting its premium car Aurus to the countries of the Middle East and North Africa next year, Adil Shirinov, the company’s Chief Executive Officer, has said. “I think that it [export] will definitely start next ...