Author: City BusinessNews

Diri: Expect My Cabinet In Three Months
March 1, 2020 No Responses

Diri: Expect My Cabinet In Three Months

Governor  Douye Diri of Bayelsa says he will constitute his cabinet “in the next three months”. The News Agency of Nigeria (NAN), reports that Diri disclosed this at a Thanksgiving Service held at the King of Glory Chapel, Government House,...
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US Confirms First Coronavirus Death
March 1, 2020 No Responses

US Confirms First Coronavirus Death

The US has reported its first death from the new coronavirus, in the north-west state of Washington. Officials said the patient was a man in his 50s with underlying health conditions. President Donald Trump said more cases were “likely” but...
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Seaports Seek More Funds To Tackle Coronavirus
February 29, 2020 No Responses

Seaports Seek More Funds To Tackle Coronavirus

The British ports industry is requesting further support for port health authorities to prevent coronavirus spreading and impacting businesses. As the number of new confirmed cases of the Wuhan COVID-19 grows, particularly in mainland Europe, the British Ports...
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Ikeja Electric Appoints Folake Soetan CEO
February 29, 2020 No Responses

Ikeja Electric Appoints Folake Soetan CEO

 Ikeja Electric Plc has announced the appointment of Mrs Folake Soetan as its Acting Chief Executive Officer. The electricity distribution company made the announcement in a statement signed by its Head of Corporate Communications, Mr Felix Ofulue.  ...
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NPA Photo News
February 29, 2020 No Responses

NPA Photo News

The Executive Director, Engineering & Technical Service, NPA, Prof. Idris Abubakar, the Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, Publisher of Qinda Books, Lola Shoneyin, the Executive Director, Marine & Operation, NPA, Dr. ...
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First Bank Wins 2019 Oil And Gas Banker Award
February 29, 2020 No Responses

First Bank Wins 2019 Oil And Gas Banker Award

First Bank of Nigeria Limited was recently presented with the Oil and Gas Banker of Year 2019 award at the Patrons’ Dinner and Industry Awards of the Nigeria International Petroleum Summit held at Transcorp Hilton, Abuja. The four-day event, comprising.....
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NSE Market Capitalisation Loses N308b
February 29, 2020 No Responses

NSE Market Capitalisation Loses N308b

Trading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case after Egypt and Algeria. The News Agency of Nigeria (NAN) reports that the panic mood affected trading on the...
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Tata Motors To Wind Up Auto Retail Business
February 29, 2020 No Responses

Tata Motors To Wind Up Auto Retail Business

Tata Motors is winding up its auto retail business Concorde Motors as part of its strategy to move away from non-core businesses.  Set up in the late 90s in partnership with Jardine Matheson’s Jardine Motors, the Concorde retail business over...
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Coronavirus Threatens Euro 2020, Tokyo 2020 Qualifiers, 2022 World Cup
February 29, 2020 No Responses

Coronavirus Threatens Euro 2020, Tokyo 2020 Qualifiers, 2022 World Cup

Fifa president Gianni Infantino has not ruled out next month’s international fixtures being postponed as the spread of coronavirus continues. England and Wales have friendly matches, while Scotland, Northern Ireland and Republic of Ireland play Euro 2020...
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Dana Air Introduces Additional Flights On Lagos, Abuja, Port Harcourt, Uyo Routes
February 28, 2020 No Responses

Dana Air Introduces Additional Flights On Lagos, Abuja, Port Harcourt, Uyo Routes

As part of it route consolidation and route expansion project, Dana Air has introduced additional flights on it Lagos, Abuja, Port Harcourt and Uyo routes. The additional flights which would be operated by the airline’s latest Boeing 737 aircraft, will...
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NSE Intensifies Financial Literacy Campaign Through Comic Book
February 28, 2020 No Responses

NSE Intensifies Financial Literacy Campaign Through Comic Book

—- By Olumide Orojimi Nigeria’s financial ecosystem is rapidly evolving with the introduction of increasingly disruptive financial products and services. As the world moves to more sophisticated financial instruments, the need to pay closer attention t...
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Ecobank To Appeal Judgment On Disputed FIRS Tax Liability
February 28, 2020 No Responses

Ecobank To Appeal Judgment On Disputed FIRS Tax Liability

Ecobank Nigeria wishes to provide its position on a statement released by the Federal Inland Revenue Service (FIRS) on the judgement of the Tax Appeal Tribunal (TAT), sitting in Lagos in respect of a disputed tax liability between the Bank...
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FG Approves N32b For Roads, Aviation, Water Projects
February 27, 2020 No Responses

FG Approves N32b For Roads, Aviation, Water Projects

The Federal Government of Nigeria has approved N32 billion for projects under the Works and Housing, Water Resources and Aviation ministries. Briefing Journalists on Wednesday after the weekly Federal Executive Council (FEC) meeting at the Presidential Villa, ...
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Diri: Supreme Court Only Affirmed God’s Judgment
February 27, 2020 No Responses

Diri: Supreme Court Only Affirmed God’s Judgment

Bayelsa State Governor, Senator Douye Diri, has said Wednesday’s Supreme Court ruling was only affirmation of God’s judgement, which paved the way for him to emerge victorious. Senator Diri also said that there is no victor no vanquished as the...
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