City BusinessNews, Author at City Business News

April 28, 2021 No Responses

Ford To Develop, Produce Own Electric Vehicle Batteries

Saying that it wants to control the key technology for electric vehicles, Ford plans to open a battery development center near Detroit by the end of next year.The company said the 200,000-square-foot facility will have equipment to design, test and even...

April 27, 2021 No Responses

Group, Sterling Bank Unveil Support For 200,000 Farmers

A group, Makarios Global Resources, has unveiled plans to support 200,000 farmers this cropping season in Kano and Plateau States. A statement issued by the Managing Director of the organisation, Mr Binchang Binfa, on Monday explained that the group in...

April 27, 2021 No Responses

Nigeria, ICC Yaoundé Pioneer Initiative To Counter Piracy

Nigeria and the Inter Regional Coordination Centre (ICC) Yaoundé have formed a forum to galvanise regional and international efforts to ensure security in the Gulf of Guinea (GOG). The Gulf of Guinea Maritime Collaboration Forum (GOG-MCF/SHADE) was floated af...

April 27, 2021 No Responses

Nigeria To Receive 29.8m Doses Of J&J COVID-19 Vaccines

Nigeria is to receive 29.8 million doses of Johnson and Johnson (J&J) COVID-19 vaccines, the National Primary Health Care Development Agency (NPHCDA), disclosed on Monday. NPHCDA Executive Director, Dr Faisal Shuaib, who made this pu...

April 27, 2021 No Responses

PDP Denies Generating N10b In 2019

The Peoples Democratic Party (PDP), has denied an allegation that it generated the sum of N10 billion from sale of nomination and expression of interest forms in 2019. A member of the PDP, Mr Kazeem Afegbua, has petitioned the Economic...

April 27, 2021 No Responses

Emirates Airline To Resume Flights To Nigeria

Emirates Airline will soon resume its flight operations in and out of Nigeria, the Director-General of Nigeria Civil Aviation Authority (NCAA), Musa Nuhu, said on Monday Nuhu, while speaking at the national briefing of the Presiden...

April 27, 2021 No Responses

NIMASA Explains Investment In Three Helicopters, Four Air Vehicles, Deploys 250 Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to launch new Deep Blue Project (DBP) “in the coming weeks” as part of measures to boost maritime security, safety and shipping development. ...

April 26, 2021 No Responses

TAJBank Declares N845m Profit In 2020

For the year ended December 2020, TAJBank has declared N845million Profit After Tax (PAT) and total assets of N50 billion. In a statement on Sunday, TAJBank explained that result attained within its first year of operation “ highest earning per.....

April 26, 2021 No Responses

NAMA Certifies 24 New Air Traffic Controllers

The Nigerian Airspace Management Agency (NAMA)has secured certification for 24 newly recruited air traffic controllers. NAMA explained that the certification by the Nigerian Civil Aviation Organization (NCAA), came after the trainees had successfully com...

April 26, 2021 No Responses

JAMB Reschedules 2021 UTME Mock Examination

The Joint Admissions and Matriculations Board (JAMB) has postponed the 2021 mock Unified Tertiary Matriculation Examination (UTME), earlier scheduled for Saturday, April 30, to Thursday, May 20, 2020. In a statement signed by its Head, Public ...

April 26, 2021 No Responses

REDTV’s TMC Emerges ‘Web Series Of The Year 2020’

The Men’s Club (TMC), Africa’s highly anticipated online series powered by the United Bank for Africa’s Lifestyle and Entertainment channel, REDTV, has emerged the winner of Gage’s Awards’ Web Series of the Year 2020. Following a thorough a...

April 25, 2021 No Responses

IBEDC Generates N7b Monthly

Ibadan Electricity Distribution Company (IBEDC) generates over N7 billion revenue monthly from its coverage areas. The Chief Technical Officer of IBEDC, Mr Akin Abiodun, disclosed this on Saturday during the inauguration of a new 2.5MVA, 33KV/...

April 25, 2021 No Responses

Zamfara Bans Sale Of Petroleum Products

Zamfara Government has banned the sale of petroleum products in areas that recorded recent upsurge of banditry in the state. This is contained in a statement signed by the Commissioner of Information, Alhaji Ibrahim Dosara, issued in Gusau on Saturday.&n...

April 25, 2021 No Responses

India Hospitals Send SOS As Covid Toll Surges

Indian hospitals say their patients are dying because of a shortage of oxygen as Covid case numbers and deaths set new records for a third day running. India has recorded nearly a million infections in three days, with 346,786 new...