City BusinessNews, Author at City Business News

February 23, 2018 No Responses

Missing school girls: Yobe Governor apologises over misleading statement

The Yobe Government on Thursday apologised for claiming that some of the abducted school girls at Government Girls College Dapchi had been rescued. Abdullahi Bego, Director-General, Press Affairs to Yobe Governor, gave the apology over the statement, which tur...

February 23, 2018 2 Responses

NIWA Gives Sand Dredgers 14 Days ultimatum to quit Addo, Badore Area

The National Inland Waterways Authority (NIWA) has warned sand dredgers in Addo/Badore area of Lagos State to wind up their operations in the next 14 days, as residents of the area lament untold hardship resulting from dredging activities. The...

February 22, 2018 No Responses

Hassan Bello in Benin, Explains 7,000 Jobs through TTP Projects

The Federal Government prioritises the actualisation of Dry Port and Truck Transit Park (TTP) projects in Edo State, the Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello has said. Speaking during a courtesy vist to Edo State Governo...

February 22, 2018 No Responses

FG sells N79.62b bonds

The Federal Government on Thursday said that it sold N79.62 billion worth of bonds during its February auction. According to a circular posted on the website of the Debt Management Office (DMO), N27.18 billion worth of the bonds were allotted...

February 22, 2018 No Responses

‘Stop Bathing New Babies With Hot Water’

A Community Health Technician, Mrs Hellen Bulu, has advised Nigerian women against bathing their newborn babies with hot water and stretching their hands in an attempt to massage them. Bulu of Family Health Clinic, Abuja, gave the advice in a...

February 22, 2018 one Response

NPA Tasks Security Agencies on Inter-Agency Collaboration

Stakeholders in Onne Port, especially the Security agencies, have been urged to promote an effective inter-agency cooperation and collaboration to ensure the total success of the Presidential Order on the Ease of Doing Business Directive in the Ports. Securi...

February 22, 2018 No Responses

IOSCO to Tackle Conflicts of Interest in Equity Capital Raising Process

The Board of the International Organization of Securities Commissions (IOSCO) is proposing guidance to help its members address conflicts of interest and associated misconduct risks that may arise during the equity capital raising process. Conflicts of inte...

February 22, 2018 No Responses

INTELS Remits $42.6m Into TSA, NPA Awaits Payment Confirmation For $14.5m

The contract termination controversy between INTELS Nigeria Limited and the Nigerian Ports Authority (NPA) may have eased off ‎following the payment of $42.6 million (N13.2 billion) by INTELS into the NPA’s Treasury Single Account (TSA). The Managing Direc...

February 22, 2018 No Responses

AIB sends team to investigate Dana Air incident at Port Harcourt airport

The Accident Investigation Bureau (AIB) has dispatched investigators to Port Harcourt Airport to investigate the incident involving a Dana aircraft, which overshot the runway of the airport on Tuesday. The News Agency of Nigeria (NAN) reports that the spokespe...

February 22, 2018 one Response

FG approves $6.7b for construction of Ibadan – Kaduna standard gauge railway project

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, on Wednesday approved 6.7billion dollars for the construction of Ibadan-Kaduna standard gauge railway project. Addressing State House correspondents on the outcome of the meeting...

February 22, 2018 one Response

Army Rescues Yobe School Girls

Some of the schoolgirls abducted by Boko Haram insurgents at Government Girls secondary school Dapchi in Yobe have been rescued by the army. Alhaji Abdullahi Bego, Director General to Yobe governor on Press affairs, disclosed this in a press statement...

February 21, 2018 one Response

Nissan Team In Nigeria, Discusses Modalities for Vibrant Auto Market

As part of on-going appraisal of its vehicle assembly project in Nigeria, Nissan Motor Company has deployed a high-powered delegation from its headquarters in Japan to discuss compelling strategies with the National Automotive Design and Development Council (N...

February 21, 2018 No Responses

‘Replicate NLNG Model To Increase Gas Sector Opportunities’

The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be replicated in order to generate opportunities for the power and gas sectors in the country. Mai-Bornu spoke at an...