Author: City BusinessNews

Presco Bags ICAN Merit Award, Renews Expansion Agenda
May 3, 2021 No Responses

Presco Bags ICAN Merit Award, Renews Expansion Agenda

By Moses Ebosele, ebosele@hotmail.com — The Institute of Chartered Accountants of Nigeria (lCAN), at the weekend, in Lagos State, honoured Presco Plc with its prestigious merit award.   According to ICAN, Presco Plc was singled out for the award because of its “exemplary...
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Customs Invades Ibadan Market, Carts Away Truckloads Of Foreign Rice
May 2, 2021 No Responses

Customs Invades Ibadan Market, Carts Away Truckloads Of Foreign Rice

Men of the Nigeria Customs Service (NCS), Federal Operation Unit (FOU), Zone A invaded Oja Oba Market in Ibadan, Oyo State in the early hours of Saturday and carted away truckloads of foreign bags of rice  The News Agency of Nigeria (NAN) g...
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Danbatta Condoles With Emirs of Kano, Bichi over Mother’s Demise
May 2, 2021 No Responses

Danbatta Condoles With Emirs of Kano, Bichi over Mother’s Demise

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta on Friday, April 30, 2021 led a high-powered delegation of the Commission to condole with the Emirs of Kano and Bichi, Alhaji Aminu Ado Bayero and...
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Minister Urges More Workers’ Contribution To National Development
May 2, 2021 No Responses

Minister Urges More Workers’ Contribution To National Development

The Minister of Women Affairs, Mrs Pauline Tallen, on Saturday urged workers to contribute their quota toward economic, social and political developments of the country.  Tallen made this known in a statement made available to newsmen in commemoration of ...
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Ikpeazu Pledges To Completes Abia Dry Port
May 2, 2021 No Responses

Ikpeazu Pledges To Completes Abia Dry Port

Abia State Governor, Okezie Ikpeazu has reiterated his commitment to deploy necessary resources to realise Dry Port project at Ntigha, near Umuahia. Ikpeazu renewed his resolve on Saturday when officials of the East Gate Inland Container Terminal Li...
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Q1: Dangote Cement To Pay N40.39b Tax
May 2, 2021 No Responses

Q1: Dangote Cement To Pay N40.39b Tax

By citybusinessnews@yahoo.com  — Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter (Q1) of 2021.  According to the financial result published by ...
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Workers Seek More Protection, Support
May 1, 2021 No Responses

Workers Seek More Protection, Support

The COVID-19 pandemic has highlighted the workplace dangers faced by key workers who need far greater protection to do their jobs safely, the International Labour Organization (ILO) has said.   Meanwhile, ILO  has called on w...
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Fidelity Bank Lists Growth Agenda As Shareholders Okay N6.4b For 2020 Dividend
May 1, 2021 No Responses

Fidelity Bank Lists Growth Agenda As Shareholders Okay N6.4b For 2020 Dividend

The Managing Director, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, on Friday  said the bank’s emergence as a Tier 1 financial institution by 2025 is her top priority.   Onyeali-Ikpe who disclosed this on the sidelines of the bank’s 33rd ...
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CMA CGM Seals Order For 22 Containership
May 1, 2021 No Responses

CMA CGM Seals Order For 22 Containership

French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history.  The orders are spread across three Chinese shipbuilders,  Jia...
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Union Bank Confirms Beatrice Bassey As Board Chair
May 1, 2021 No Responses

Union Bank Confirms Beatrice Bassey As Board Chair

The Central Bank of Nigeria (CBN) has confirmed the appointment of Mrs Beatrice Bassey, as the substantive Chair of Union Bank of Nigeria (UBN) Plc.   In a statement on Friday Union Bank explained that  Bassey joined the bank’s board in 2...
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Adeduntan Resumes As FirstBank CEO
May 1, 2021 No Responses

Adeduntan Resumes As FirstBank CEO

First Bank of Nigeria (FBN) on Friday confirmed that Dr Adesola Adeduntan had resumed as the Chief Executive Officer in line with the directives of the Central Bank of Nigeria (CBN).  A statement by the management of the bank said...
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NAFDAC Approves Pfizer Biotech Vaccine
May 1, 2021 No Responses

NAFDAC Approves Pfizer Biotech Vaccine

As part of measures to curtail Covid-19 virus in Nigeria, the National Agency for Food and Drug Administration and Control (NAFDAC) on Friday  approved the Pfizer Biotech Vaccine for emergency use.   Director-General, Prof. Mojisola Ad...
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INEC Expands Polling Units In Enugu To 4,147
May 1, 2021 No Responses

INEC Expands Polling Units In Enugu To 4,147

The Independent National Electoral Commission (INEC) has expanded the polling units in Enugu State from 2,958 to 4,147 polling units to create easy access to polling units in the state.  Dr Emeka Ononamadu, the INEC’s Resident Electoral Commissioner for...
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Nigeria Trains Coconut Farmers On Nursery, Processing
April 30, 2021 No Responses

Nigeria Trains Coconut Farmers On Nursery, Processing

The Federal Ministry of Agriculture and Rural Development has trained 30 coconut farmers on nursery establishment, field development, harvesting, processing and marketing in Edo State, Nigeria  The Permanent Secretary in the ministry, Dr. Ernest Uwakhihe,...
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