City BusinessNews, Author at City Business News

June 18, 2021 No Responses

Air Peace Begins Daily Flights To Ilorin, Takes Delivery Of New Aircraft

By citybusinessnews@yahoo.com — Air Peace has commenced daily flights from Lagos to Ilorin and Ilorin to Abuja as part of its expansion drive and realisation of its goal to connect major cities in Nigeria. Media Executive Officer of the airline, Mr...

June 18, 2021 No Responses

Navy Impounds 251 Bags Of Smuggled Rice

The Nigerian Navy, Forward Operating Base (FOB), Ibaka, Mbo Local Government Area of Akwa Ibom, has impounded 251 bags of smuggled rice and siezed the boat used in smuUggling the rice. The Commanding Officer, FOB, Navy Capt. Suleiman Abdullahi, disclosed...

June 18, 2021 No Responses

Police Arrest Man For Allegedly Raping 85-Year-Old Stepmother

The Police Command in Ekiti State on Thursday said it has arrested a 65-year-old man, Durodola Ogundele, for allegedly having canal knowledge of his stepmother. A statement by the command’s Spokesperson, Mr Sunday Abutu, in Ado-Ekiti, said Ogundel...

June 18, 2021 No Responses

NPA Photo News

The Acting Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello Koko flanked by the Exec. Dir., Marine & Operations, Hon. Onari Brown(right), Exec. Dir., Engineering & Technical Services, Prof. Idris Abubakar left) and the Port Manag...

June 18, 2021 No Responses

FBN Holdings Harps On Critical Role Of Financial Statement To Investment Drives

FBN Holdings (FBNH) Plc on Thursday harped on the importance of financial statements reporting to drive investments in the country. The Chief Finanicial Officer of FBNH, Oyewale Ariyibi, said this at the Capital Market Correspondents Association of Niger...

June 17, 2021 No Responses

Ex-Bank PHB MD Jailed For N25.7b Fraud, Wife Acquitted

An Ikeja High Court on Wednesday night sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six years’ imprisonment for defrauding the bank of N25.7 billion. In a 12-hour judgment, Justice Lateefa Okunnu....

June 17, 2021 No Responses

Locally Assembled Hyundai Kona Fantastic, Says Osinbajo After Test-Drive

By citybusinessnews@yahoo.com — Vice President Yemi Osinbajo has thumped up for the Hyundai Kona Electric Car assembled in Nigeria, describing it as a fantastic machine. The Nigerian Vice president made the remark on Tuesday after test-drivi...

June 17, 2021 No Responses

JAMB Releases 2021 Mock Result

The Joint Admission and Matriculation Board (JAMB) has released the result of the 2021 Unified Tertiary Matriculation Examination (UTME) mock exam conducted on June 3, 2021. JAMB spokesperson, Dr Fabian Benjamin, in a statement on Wednesday said: &n...

June 17, 2021 No Responses

NEXIM Bank Urges Nigeria To Boost Regional Trade

The Nigerian Export-Import Bank (NEXIM Bank) has advised the Federal Government to make effort to boost Nigeria’s trade in the ECOWAS and African continent. Managing Director, NEXIM Bank, Mr Abba Bello, gave the advice in Abuja on Wednesday, at t...

June 17, 2021 No Responses

Dangote Cement Issues N50b Bond

By citybusinessnews@yahoo.com — Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme. Chief Executive Officer, Dangote Ce...

June 17, 2021 No Responses

Zenith Bank Gets Best Corporate Governance Financial Services Award

Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2021 by the Ethical Boardroom for the second consecutive year. The Group Managing Director/Chief Executive of the bank, Mr Ebenezer Onyeagwu, in a statement o...

June 17, 2021 No Responses

Seplat, MTN Lift Trading On NGX By 0.15%

Trading activities on the Nigerian Exchange rebounded on Wednesday with a gain of 0.15 per cent due to interest inSeplat Plc and MTN Nigeria Communications (MTNN). Specifically, the All-Share Index increased by 57.41points or 0.15 per cent to close ...

June 17, 2021 No Responses

Caesarean Section Rates Rise To 21%

World Health Organisation (WHO) says caesarean section use continues to rise globally, now accounting for more than one in five (21 per cent ) of all childbirths. WHO, in a statement on Wednesday, stated that the rising rates suggested increasing...

June 17, 2021 No Responses

World Leaders To Address ILO’s World Of Work Summit

World leaders and representatives from governments, workers’ and employers’ organizations will speak at the virtual International Labour Conference World of Work Summit that will take place 17–19 June.The Summit will focus on the response to the devastat...