Author: City BusinessNews

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...

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...

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...

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...

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...

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,...

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...

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...

The Nigerian Senate on Tuesday urged the Federal Ministry of Aviation and relevant authorities to upgrade the Ibadan domestic Airport to the status of an International Airport.  The call was made sequel to the consideration of a motion sponsored by...

L-R: The representative of the Managing Director and Executive Director, Marine and Operations, Nigerian Ports Authority, Dr. Sokonte Huttin Davies and the President, Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON), Otu...

Access Bank Plc has introduced a special account designed to provide Nigerians age 60 and above with free financial and lifestyle support services. Mr Victor Etuokwu, the Executive Director, Retail Banking, Access Bank Plc disclosed this in a statement on...

The upward trend recorded by the Nigerian Stock Exchange (NSE) for some days now was halted on Tuesday following profit taking by some investors. Specifically, the All-Share Index dipped 152.45 points or 0.56 per cent to close at 26,883.33 compared...

The Lagos State Government says plans are on to register religious houses, to ensure sanity in the state. The Commissioner, Lagos State Ministry of Home Affairs, Mrs Uzamat Akinbile-Yussuf, made this known on Tuesday in Alausa, Ikeja, during a Stakeholders...