City BusinessNews, Author at City Business News

August 6, 2021 No Responses

Okowa Seeks Proper Monitoring Of Crude Oil Production

Governor of Delta State, Ifeanyi Okowa has called for proper monitoring of Nigeria’s crude oil production to ascertain the volume and ensure transparency and accountability in the oil and gas sector. Okowa made the call at the opening of a...

August 6, 2021 No Responses

Yar’Adua’s Son Remanded In Prison For Crushing Four To Death

A Magistrate’s Court in Yola on Thursday remanded Aminu Yar’Adua, 36, the son of late former President Musa Yar’Adua, in prison for allegedly killing four people in an auto crash in Yola. Yar’Adua, a student of the American University of...

August 6, 2021 No Responses

Nigeria Records 566 New Covid-19 Cases, 11 Deaths

The Nigeria Centre For Disease Control (NCDC) on Thursday reported 566 additional COVID-19 infections due to a surge in the spread of the Delta variant in the country. The NCDC, which made this known via its website on Friday Morning,...

August 6, 2021 No Responses

NPA Expects 23 Ships Laden With Petroleum Products, Frozen Fish, Others

The Nigerian Ports Authority (NPA) is expecting 23 ships laden with petroleum products, food items and others from August 5 to August. 22, 2021. NPA in its publication, `Shipping Position, explained that the ships are expected to arrive at the...

August 6, 2021 No Responses

Messi To Leave Barcelona This Summer

Lionel Messi’s two-decade stay at FC Barcelona is over after “financial and structural obstacles” prevented him from signing a new deal, the LaLiga club announced. Barca insist both they and Messi were willing to extend his stay, but claim LaLiga.....

August 5, 2021 No Responses

Nigeria, Korea Sign $13m MoU On e-Governance

The Nigerian Government has concluded plans to fully digitise its processes, particularly in the civil service and other government institutions by 2026. Minister of Communication and Digital Economy, Dr Isah Pantami disclosed this on Thursday when he si...

August 5, 2021 No Responses

Lufthansa Seeks €5.5 Fresh Capital

Lufthansa halved its losses in the second quarter, compared with the pandemic-hit second quarter of last year, the German airline announced on Thursday. This emerged from the deep crisis in the sector caused by the Coronavirus pandemic. Chief execu...

August 5, 2021 No Responses

Coscharis Motors Unveils New Jaguar F-Pace

By Moses Ebosele, ebosele@hotmail.com — Photo Caption: R-L: Jaguar Land Rover General Manager (Sales, Coscharis Motors), Ufuoma Umukoro, Group General Manager, Marketing & Corporate Communicat...

August 5, 2021 No Responses

CBN: Banks Refunded N89b To Customers In June

The Governor of the Central Bank of Nigeria (CBN), Dr Godwin Emefiele, on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. Emefiele made the disclosure during a CBN...

August 5, 2021 No Responses

Edo Allocates 57,000 Hectares Of Land To Oil Palm Investors

Edo State Governor, Mr. Godwin Obaseki, on Thursday, disclosed that the State Government has allocated over 57,000 hectares of land to smallholders and large oil palm plantation investors in four Local Government Areas (LGAs) of the state, under the Edo...

August 5, 2021 No Responses

FEC Approves $11.17b Rail Project

The Federal Executive Council (FEC) has approved the sum of $11.17 b to link all Nigeria’s coastal cities by rail in six years. Minister of Information and Culture, Lai Mohammed, disclosed this on Wednesday while briefing Journalists after the virtual....

August 5, 2021 No Responses

NLNG Explains CSR Initiative, Gas Resources Development

The Nigeria LNG Limited (NLNG) has so far spent about $200m on Corporate Social Responsibility (CSR) programmes as part of measures to help build the nation. Speaking on Wednesday in Lagos at the 2021 Society of Petroleum Engineers ...

August 5, 2021 No Responses

SEC: Securities Issuers Forum will aid market Development

The Director-General, Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has expressed optimism that the Securities Issuers Forum (SIF) will aid the development of the capital market and the economy. Yuguda made the assertion in his opening address ...

August 5, 2021 No Responses

Uganda’s Chemutai Wins Gold As Kenya Dominate Men’s 800m

Peruth Chemutai became the first Ugandan woman to win an Olympic medal as she took gold in the women’s 3,000m steeplechase on day 12 of the Tokyo Games. Kenya’s silver medallist from Rio Hyvin Kiyeng claimed the bronze behind Chemutai. ...