City BusinessNews, Author at City Business News

June 1, 2017 No Responses

Production of Vaccine: FG approves N2.5b JV with May & Baker

The Federal Executive Council (FEC) has approved N2.5billion Joint Venture (JV) agreement between the Federal Government and May & Baker Plc to produce vaccines from 2017 to 2021. Briefing Journalists after the FEC meeting on Wednesday, the Minister of Health,...

May 31, 2017 No Responses

NPA intensifies surveillance, bans touts from Seaports

The Nigerian Ports Authority (NPA) has intensified security surveinance at all Seaports in the country in compliance with an Executive Order issued by Acting President, Prof Yemi Osinbajo. Under the arrangement, all touts and hawkers are now banned in...

May 31, 2017 No Responses

CBN enhances Naira with $482.6m

As part of ongoing efforts, the Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of $482.6 million. A statement issued by its Acting Director, Corporate Communications, Isaac Okorafor, in Abuja explained that...

May 31, 2017 No Responses

Gowon, Obasanjo, Adesina, Elumelu, others to speak at IITA’s 50th anniversary

Two former heads of state of Nigeria, Dr Yakubu Gowon, and Chief Olusegun Obasanjo will be among dignitaries that would grace the 50th anniversary celebration of the International Institute of Tropical Agriculture (IITA) in Ibadan on 24 July. The...

May 31, 2017 No Responses

UBA celebrates Africa Day with Glitz, Glamour

The United Bank for Africa (UBA) Plc, on Thursday, joined the world to celebrate the 2017 Africa Day across the 19 African countries of operations with the theme: ‘Africa, the new Frontier.’ According to the Bank, Africa Day is dedicated to celebr...

May 31, 2017 No Responses

Obaseki commiserates with Otaru, Momoh family

Governor Godwin Obaseki of Edo State has sent his heartfelt condolences to the Otaru of Auchi, Alhaji Aliru H. Momoh (Ikelebe III) and the entire Momoh family on the passing of Professor Abubakar Momoh, who was of the royal family. Late Professor...

May 31, 2017 No Responses

NLC: Abubakar Momoh, an irreplaceable loss

The sudden death of Professor Abubakar Momoh, Director General of the National Electoral Institute is a big blow to the Labour Movement and an irreplaceable loss, the Nigeria Labour Congress (NLC) declared on Monday. In a statement issued by...

May 31, 2017 No Responses

MRS Photo News

L–R: Oscar N. Onyema, OON, Chief Executive Officer, NSE presenting a gong to Mr. Andrew Gbodume, Managing Director, MRS Nigeria Plc at the Facts Behind the Figures presentation at the Exchange on Tuesday.

May 31, 2017 No Responses

NIMASA Photo News

L-R: Dr. Grant Akata, Secretary General, Shipowners Association of Nigeria (SOAN), Barrister Temisan Omatseye, former DG NIMASA, Capt. Adewale Ishola, Former President , Nigerian Association of Master Mariners and Isichei Osamgbi, Head Corporate Communicat...

May 31, 2017 No Responses

Petroleum ministry under scrutiny as Senate halts concession of Port Harcourt Refinery to AGIP, OANDO

Citing alleged irregularities, the Senate on Tuesday asked the Ministry of Petroleum Resources to halt all transactions relating to the proposed concession of the Port Harcourt refinery to Agip and Oando. The lawmakers who are questioning the rationale behin...

May 30, 2017 No Responses

IITA: 35,930Kilograms of seeds offer to Borno among best planting materials, lifeline for North East

The improved seeds donated by the International Institute of Tropical Agriculture (IITA) to Borno State are lifelines for farmers, and will help rebuild the livelihoods of food insecure persons in the region. Tagged ‘seeds of renaissance’, the 35,930 kilog...

May 30, 2017 No Responses

Heritage Bank explains financial literacy training for children

In a bid to expose the citizenry to financial literacy at a very early age in life, Heritage Bank Plc, has exposed children between the age bracket of five and seven years to banking services. The programme, which is part...

May 30, 2017 No Responses

Drewry: Container carriers heading to profit

The majority of container shipping lines lost money in the first three months of 2017, but higher rates and fast-growing demand will soon show on the bottom line, according to shipping consultancy Drewry. In its last Container Forecaster report, Drewry...

May 30, 2017 No Responses

FRSC boss, Caleb Varsity VC, others for NAJA workshop

All is now set for the second edition of the 2017 Nigeria Auto Journalists Association (NAJA) Training and Capacity building workshop slated for June 8-9, 2017 in Lagos. At this year’s event, Boboye Oyeyemi, Corp Marshal of the Federal Roads...