City BusinessNews, Author at City Business News

June 16, 2018 No Responses

FRSC Returns 65,000 Euros To Benin Bound Accident Victims On Iyare Motors

The Federal Road Safety Corps (FRSC), Ogun command, said it had returned over 65,000 Euros recovered from an accident scene to the victims. Mr Clement Oladele, the Sector Commander, disclosed this in a statement by the command’s Public Education...

June 16, 2018 No Responses

IITA Principal Scientist Wins 2018 Cassava Prize

A Principal Scientist and Cassava Breeder with the International Institute of Tropical Agriculture (IITA), Dr Alfred Dixon; and Dr Hernan Ceballos of the International Center for Tropical Agriculture (CIAT) have won the 2018 Golden Cassava Prize. The prestigio...

June 16, 2018 No Responses

Again, Super Eagles Assure Nigerians

Super Eagles’ head coach Gernot Rohr and captain Mikel Obi say the team is capable of delivering on its promise on Saturday against Vatreni of Croatia. The Nigerian side will face Croatia at the Kaliningrad Stadium in their opening Group...

June 16, 2018 No Responses

Photo News

President Muhammadu Buhari and his wife, Aisha receives some women on Sallah Homage at the Residence, Presidential Villa Abuja. PHOTO; SUNDAY AGHAEZE. JUNE 15 2018

June 16, 2018 No Responses

Nigerian Media Code of Election Coverage Gets More Endorsement

Enthusiasm is running high that the Nigerian media is committed to the professional and ethical coverage of the 2019 elections. This is as a result of the growing number of media outfits endorsing the Nigerian Media Code of Election Coverage...

June 15, 2018 No Responses

Investors Stake N18.4b On Shares In Four Days

The floor of Nigerian Stock Exchange (NSE) recorded a total turnover of 1.738 billion shares worth N18.462 billion in 14,790 deals between Monday and Friday this week. It’s a four-day trading session this week as the Federal Government of...

June 15, 2018 No Responses

FRSC Deploys 3,500 Personnel, 43 Patrol Vans, Trucks, Others

As part of measures to ensure accident free Sallah celebration, the Federal Road Safety Corps (FRSC), Lagos and Ogun states zone has deployed over 3500 personnel, including regulars and Special Marshals, Medical team, 43 patrol vans, eight motorbikes, six ambu...

June 15, 2018 No Responses

Rolls-Royce To Sack 4,600 Workers

Engineering firm Rolls-Royce is to cut 4,600 jobs over the next two years as part of a major reorganisation. Middle managers and back-office staff are to bear the brunt of the cuts, which are expected to hit its Derby base...

June 15, 2018 No Responses

Air Ticket Sales In Nigeria Generates N505.2billion

The Nigerian Civil Aviation Authority (NCAA) has disclosed that air tickets in the country was N505.2billion in 2017. According to the regulatory agency, the sales included that of domestic and international airlines. The breakdown of the sales indicat...

June 15, 2018 No Responses

CBN Lifts Retail SMIS With $343.06m Forex

The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Ban...

June 15, 2018 No Responses

Bankers’ Committee: Importers With Chinese Yuan Invoices To Pay Less

The Central Bank of Nigeria (CBN)-led Bankers’ Committee declared on Thursday in Lagos that importers with invoices from Chinese exporters will pay less than their other counterparts. At the end of its meeting in Lagos, the committee, comprising commercial...

June 15, 2018 No Responses

Russia Humbles Saudi Arabia 5-0

It was expected. Russia made a fine start to their 2018 FIFA World Cup campaign as they defeated Saudi Arabia in the tournament’s opening game. Yuri Gazinskiy scored the first goal of the tournament after only 12 minutes when he...

June 14, 2018 No Responses

NIMASA Seeks Improved Conditions For Dock Workers

The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to the welfare of dock workers in the maritime industry as the Agency organised a meeting of the employers and labour unions in the maritime sector under the...

June 14, 2018 No Responses

Customs FOU Impounds N1.4b Contraband

Between May 16th and June 12th 2018, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’ Ikeja, confiscated various contraband, goods and vehicles with a duty paid value (DPV) of One Billion, Three Hundred and Forty Five Million,...