City BusinessNews, Author at City Business News

March 6, 2020 No Responses

Katsina To Begin Export Of Tiger Nuts, Hibiscus Sorrel, Sesame Seeds

Katsina State Government has identified Tiger Nuts, Hibiscus Sorrel (Zobo) and Sesame Seeds for export. Katsina State Governor, Aminu Masari said this on Thursday in his keynote address during Katsina State Special Day at the ongoing 41st edition of Kaduna...

March 6, 2020 No Responses

Osibanjo: FG Will Use New Finance Act To Protect MSMEs

The Federal Government will use the opportunities provided by the newly signed Finance Act to protect Micro Small and Medium-scale Enterprises (MSME) in the country, Vice President Yemi Osibanjo, has said. Speaking on Thursday in Abakaliki during the lau...

March 6, 2020 No Responses

Dealers Explain Scarcity Of Titus Fish

Dealers of frozen food items have attributed the ongoing scarcity of Titus fish also known as “mackerel” to pollution of European waters. The dealers, who made this known in separate interviews with the News Agency of Nigeria (NAN) in Lagos...

March 6, 2020 No Responses

2019: Coronation Merchant Bank Declares N5.09b

Coronation Merchant Bank Limited on Thursday announced a profit after tax of N5.09 billion for the financial year ended Dec. 31, 2019. The profit after tax represents a growth of 14 per cent when compared with N4.48 billion recorded in...

March 6, 2020 No Responses

Aboloma Implores Foreign Organisations On Basic Conformity Assessments In Nigeria

Only foreign Conformity Assessment Bodies (CABs) that have complied with set requirements will be allowed to operate in Nigeria, the Standards Organisation of Nigeria (SON), has said Mr Osita Aboloma, SON Director-General said this on Thursday in Abuja at its....

March 6, 2020 No Responses

Premier League Ditches Pre-Match Fair-Play Handshakes Over Coronavirus

The Premier League has announced that the pre-match handshakes between both teams and officials will not take place until further notice because of fears over the spread of coronavirus. The measure comes the day after the government asked the league...

March 5, 2020 No Responses

Coronavirus: California Declares Emergency

California has declared a state of emergency after announcing its first coronavirus death, bringing the US death toll from the disease to 11. The 71-year-old man had underlying health conditions and had been on a cruise ship, said officials. Eleven...

March 5, 2020 No Responses

NPA Boss Seeks Support For Trade Integration, Development

Nigeria is bless with prolific economic potentials to promote trade integration and development, the Managing Director, Nigeria Ports Authority (NPA), Hadiza Bala Usman has said. Usman stated this on Wednesday at a symposium to mark NPA Special Day...

March 5, 2020 No Responses

Toyota Recalls 3.2m Vehicles Worldwide

Toyota Motor Corporation on Wednesday recalled 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling. The Japanese automaker first said in January it would recall 696,000 U.S. vehicles with a fuel pump that...

March 5, 2020 No Responses

Coronavirus: Nigeria May Review 2020 Budget

The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday said the outbreak of Covid-19 has negatively impacted Nigeria’s oil revenue, saying a mid-term review of the 2020 budget will be carried to reflect the realities on ground....

March 4, 2020 No Responses

Nigeria Initiates 43 Road Projects In Tertiary Institutions

The Nigerian Government on Tuesday said it has initiated 43 road infrastructure development projects in Universities and other Institutions of higher education in the country. Babatude Fashola, Minister of Works and Housing, stated this at the formal han...

March 4, 2020 No Responses

Nestle, MTN Nigeria Top Gainers’ Table As NSE Recovers N232b

The Nigerian Stock Exchange (NSE) on Tuesday recovered 1.70 per cent on renewed investors’ interest in high yield dividend stocks. Speficially, the All-Share Index, which opened at 25,816.57, inched 438.54 points or 1.70 per cent to close at 26,255.11. Conse...

March 4, 2020 No Responses

National Assembly Committee Backs Deep Blue Project

The Integrated Security and Waterways Protection Infrastructure, commonly called the Deep Blue Project, received rave reviews on Tuesday from members of the House of Representatives Committee on Maritime Safety, Education and Administration during an oversight...

March 4, 2020 No Responses

FIRS Targets N4trillion Tax From Oil, Gas

The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year. The FIRS made this known in a statement issued by ...