Author: City BusinessNews

“Nigeria Loses 68,000 Women Yearly To Pregnancy, Childbirth Complications”
November 29, 2019 No Responses

“Nigeria Loses 68,000 Women Yearly To Pregnancy, Childbirth Complications”

Nigeria is losing 68,000 women yearly as a result of pregnancy and child birth complications, Prof. Dolapo Lufadeju, the National Coordinator, Rotary International Project on National Family Planning Campaign, has said. Lufadeju disclosed this on Thursday during the South West...
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BPE Implores SAHCO Union On Claims, Inaugurates Inter-Agency Committee
November 29, 2019 No Responses

BPE Implores SAHCO Union On Claims, Inaugurates Inter-Agency Committee

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has described the Privatisation of the Skyway Aviation Handling Company Limited (SAHCOL) as one of the best enterprise/reform initiatives implemented by the Bureau. Speaking at the In...
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Suzuki Records 8.8% Drop In Sales
November 29, 2019 No Responses

Suzuki Records 8.8% Drop In Sales

Suzuki on Thursday reported a decline of 8.8 per cent in its sales to 49,419 units for October 2019 in Japan, compared with 54,205 units sold in October 2018.  Standard and small vehicles, also witnessed a dip of 22.3 per...
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DBN Holds Workshop For Executives Of Microfinance Banks
November 29, 2019 No Responses

DBN Holds Workshop For Executives Of Microfinance Banks

The Development Bank of Nigeria as part of its advocacy initiative has held a capacity-building programmeon Environmental & Social Risk Management practice for top executives of Microfinance Banks recently in Lagos.  Giving his opening remarks, the Ma...
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NNPC, Firm Seal Abuja-Kaduna-Kano Pipeline Project Deal
November 28, 2019 No Responses

NNPC, Firm Seal Abuja-Kaduna-Kano Pipeline Project Deal

The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna-Kano Pipeline (AKK) project. The Group Managing Dire...
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Lagos Begins Payment Of N35,000 Minimum Wage November
November 28, 2019 No Responses

Lagos Begins Payment Of N35,000 Minimum Wage November

Governor Babajide Sanwo-Olu of Lagos State has approved the implementation of N35,000 minimum wage for the state workers. In a circular signed by the Head of Service, Hakeem Muri-Okunola, on Wednesday, said the implementation was with effect from Nov. 1....
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Oduduwa University Graduates 717
November 28, 2019 No Responses

Oduduwa University Graduates 717

The Vice Chancellor of Oduduwa University, Ipetumodu, Ile-Ife, Prof. Chibuzo Nwoke, has said that a total of 717 students will graduate during the institution’s 7th convocation ceremony on Thursday. Nwoke, who stated this at a news conference held at the...
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IMO Budgets N197b For 2020
November 28, 2019 No Responses

IMO Budgets N197b For 2020

Governor  Emeka Ihedioha of Imo on Wednesday presented a budget of N197.6 billion for the 2020 fiscal year to the Imo House of Assembly. The budget proposed N91.4 billion for the recurrent expenditure and a capital expenditure of N106.2 billion...
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NPA, Port Of Antwerp Seal MoU
November 28, 2019 No Responses

NPA, Port Of Antwerp Seal MoU

The Management of the Nigerian Ports Authority (NPA) and the Port of Antwerp Belgium have signed a Memorandum of Understanding (MoU) as part of measures to improve operational efficiency.  The MoU which now exists between the two Port entities is...
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FG Approves N19b For Road Projects In FCT, Oyo, Kano
November 28, 2019 No Responses

FG Approves N19b For Road Projects In FCT, Oyo, Kano

The Federal Executive Council (FEC) on Wednesday approved over N19 billion for the construction of road projects in the Federal Capital Territory (FCT), Oyo and Kano States. The Minister of Works and Housing, Mr Babatunde Fashola, disclosed this when he...
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Audi To Sack 9,500 Workers
November 28, 2019 No Responses

Audi To Sack 9,500 Workers

Volkswagen AG’s premium Audi brand plans to cut 9,500 jobs in Germany as part of a sweeping overhaul to improve earnings by around 6 billion euros ($6.61 billion) over the next decade. The positions will be culled through voluntary measures...
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All-Share Index Drops Further By 0.35%
November 28, 2019 No Responses

All-Share Index Drops Further By 0.35%

The Nigerian equities market on Wednesday declined further by 0.35 per cent, amid sustained bearish transactions. The All Share Index (ASI) decreased by 93.23 points or 0.35 per cent to close at 26,790.10 compared with 26,883.33 achieved on Tuesday. Similarly,...
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Messi Scores In 700th Match As Barca Ease Into Last-16
November 28, 2019 No Responses

Messi Scores In 700th Match As Barca Ease Into Last-16

Lionel Messi scored in his 700th match for Barcelona and also set up goals for Luis Suarez and Antoine Griezmann as the Catalans beat Borussia Dortmund 3-1 on Wednesday. The win for Barca ensured that they sealed a spot in...
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Senate Seeks Speedy Completion Of Ajaokuta-Otukpo Rail Line
November 27, 2019 No Responses

Senate Seeks Speedy Completion Of Ajaokuta-Otukpo Rail Line

The Nigerian Senate has urged the Federal Ministry of Transportation to immediately take steps to ensure completion of the construction of the Ajaokuta-Otukpo rail line.  The upper chamber also advised the Ministry to incorporate construction of siding ra...
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