City BusinessNews, Author at City Business News

March 14, 2020 No Responses

Osinbajo’s Outrider Dies In Road Accident

The Presidency has announced the death of a police outrider on the convoy of Vice President, Yemi Osinbajo. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, in a statement in Abuja,...

March 14, 2020 No Responses

Access Bank Sets Aside N1b For DiamondXtra Season 12

Access Bank Plc on Friday unveiled DiamondXtra season 12 savings promo to boost savings culture and drive Federal Government’s financial inclusion initiative. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, explained at the launch in Lago...

March 14, 2020 No Responses

Zamfara, Dubai Firm Seal MoU On Surveillance Helicopters

Governor Bello Matawalle of Zamfara State has signed a Memorandum of Understanding (MoU) with Dubai-based Worldwide Jet Aviation SA, for helicopters to carryout aerial surveillance on criminal hideouts in the state. A statement signed by Zailani Bappa, t...

March 14, 2020 No Responses

Photo News

L-R: Olusola Adekoya, CEO, Shodex Beautification Landmark Ltd and Member, City Profs Educational Foundation (CPEF) Governing Board; Alhaji Ismail Adetola Lawal, Founder/Chairman, IAL Nigeria Ltd & Chairman, CPEF Board of Patrons; Great Grand Ma, Essie Flor...

March 13, 2020 No Responses

Coronavirus Crashes Global Stock Markets

Shares around the world have plunged as investors fear the spread of the coronavirus will destroy economic growth with government action insufficient to arrest the decline. The main UK index dropped more than 10% in its worst day since 1987....

March 13, 2020 No Responses

Minister To Nigeria: Don’t Shake hands, Don’t Hug

The Minister of Interior, Mr Rauf Aregbesola has cautioned Nigerians to reduce the culture of handshakes and hugs to avoid contracting coronavirus (COVID-19). Aregbesola said this at the ground-breaking ceremony of a 3000-capacity custodial centre in Karshi, A...

March 13, 2020 No Responses

Enugu Airport To Reopen Before Easter

Senator Hadi Sirika, Minister of Aviation has reiterated that Akanu Ibiam International airport, Enugu closed down in August, 2019 for runway rehabilitation will be reopened for use before Easter. A statement issued in Abuja and signed by Mr James Odaudu...

March 13, 2020 No Responses

Aisha Buhari Seeks Enabling Environment For Private Hospitals

First Lady, Federal Republic of Nigeria, Dr. Mrs. Aisha Muhammadu Buhari has advocated for a review of the interest rates associated with loans from both commercial and development banks granted for the establishment of private hospitals and the provision of.....

March 13, 2020 No Responses

BMW Declares $115.4b In 2019

BMW on Thursday reported a 29-percent drop in profits in 2019, blaming heavy legal costs and high investments in a challenging economic environment. Despite record revenues of 104 billion euros ($115.4 billion), driven by strong sales of its highest-end models...

March 12, 2020 No Responses

FG Approves N13b For Pest Control In States

The Federal Executive Council (FEC) on Wednesday in Abuja approved N13.9billion for the purchase of insecticides for pest control in states affected by quelea birds. The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono disclosed this when he a...

March 12, 2020 No Responses

Reps To Invite Minister, SON, Others Over Influx Of Fake Products

The House of Representatives has resolved to invite the Minister of Industry, Trade and Investment, the Director-General, Standard Organisation of Nigeria (SON) and the Director-General, Federal Competition and Consumer Protection Commission over influx of sub...

March 12, 2020 No Responses

Stocks Fall As US Imposes EU Travel Ban

Asian stocks traded sharply lower after President Donald Trump suspended all travel to the US from mainland Europe in a bid to slow the spread of the coronavirus. It followed steep losses on Wall Street, with the Dow Jones plunging...

March 12, 2020 No Responses

Dana Motors Displays Made-In-Nigeria Kia, DFM Models In Abuja

Dana Motors, a leading auto company in Nigeria participated in the recently held media parade organized by the National Automotive Design and Development Council [NADDC] in Abuja. A prelude to the eventful Argungu Motor rally, the all-new 2020 Kia and...

March 11, 2020 No Responses

Health Minister Tests Positive For Coronavirus

United Kingdom Health minister and Conservative MP Nadine Dorries been diagnosed with coronavirus. Ms Dorries, the first MP to test positive, said she had taken all the advised precautions after finding out and had been self-isolating at home. It comes...