yetty, Author at City Business News

July 29, 2020 No Responses

FBN Holdings Declares N296b Gross Earnings, ₦49.5b Profit In Six Months

FBN Holdings Plc on Wednesday announced its unaudited results for the six months ended June 30, 2020. The financial institution declared gross earnings of ₦296.4 billion, up 5.8% when compared to the previous year of ₦280.3 billion. Meanwhile, Profit after...

July 29, 2020 No Responses

World Bank Approves $500m For Girls’ Education In Kano, Katsina, Kebbi, Four Others

The World Bank has approved a $500 million credit for the Adolescent Girls Initiative for Learning and Empowerment (AGILE) towards improving secondary education opportunities among girls in seven states in Nigeria. A statement from the bank in Abuja on Wedne...

July 29, 2020 No Responses

Boat Accident: LASWA Hands Over Captain, Passengers To Police

The Lagos State Waterways Authority (LASWA) has handed over the captain and passengers rescued from the Tuesday evening boat accident to the marine police for further investigations and sanctions. Speaking during an interview with the News Agency of Nige...

July 29, 2020 No Responses

Jaguar Land Rover Appoints Thierry Bollore New CEO

Chairman of Tata Sons, Tata Motors and Jaguar Land Rover plc, N Chandrasekaran, has announced Thierry Bolloré as the new Chief Executive Officer of Jaguar Land Rover, effective 10 September 2020.Bolloré succeeds Prof Sir Ralf Speth, who will take up...

July 27, 2020 No Responses

FG Directs Secondary Schools To Resume August 4

The Federal Government has directed all Secondary schools in the country to reopen on August 4, 2020 to enable students in final classes sit for their examination.Specifically, the government said students will have two weeks to prepare for the West...

July 24, 2020 No Responses

NLC Condemns 6% Stamp Duty On Tenancy, Lease Agreements

The Nigeria Labour Congress (NLC) on Friday condemned six per cent stamp duty fee introduced by the Federal Inland Revenue Service (FIRS) for every tenancy and lease agreement in Nigeria. NLC President, Comrade Ayuba Wabba, in a statement on...

July 24, 2020 No Responses

Greece Exempts Seafarers From Entry Restriction

Greece has exempted seafarers from COVID-19-related travel restrictions, meeting its pledge to the IMO to facilitate crew change. GAC Greece said that the Greek government has allowed seafarers entry into its country together with citizens of the following...

July 24, 2020 No Responses

Court Jails Two Men For Adulterating Engine Oil

A Federal High Court in Lagos on Friday sentenced two men, Kingsley Meteke and John Uche, to two years imprisonment each for adulterating engine oil. The convicts were charged alongside two others – Olaide Shittu and Abdulquadri Olayinka. They were...

July 24, 2020 No Responses

Ogun, IITA Seal Agric MoU

The Ogun Government on Friday signed a Memorandum of Understanding (MoU) with the International Institute of Tropical Agriculture (IITA) as part of measures to boost the agricultural sector in the state. The Commissioner for Agriculture, Dr Adeola ...

July 24, 2020 No Responses

Seplat, Bua Cement Top Losers’ Table As Market Capitalisation Drop By N45b

The Nigerian Stock Exchange (NSE) on Friday returned to the negative territory on with key market indices declining by 0.35 per cent. Specifically, the All-Share Index (ASI) dipped 85.04 points to close at 24,427.73 compared with 24,512.77 achieved on Thursday...

July 24, 2020 No Responses

Court Adjourns National Theatre Concession Suit

A Federal High Court in Lagos on Friday adjourned until Oct. 29, continuation of hearing in a suit by a company, Topwideapeas Ltd., challenging nullification of its concession over the National Arts Theatre Complex. The plaintiff described itself as...

July 24, 2020 No Responses

FRSC Vows To Prosecute Traffic Offenders As Mobile Courts Convict 359 In Plateau, Nasarawa

The new Zonal Commanding Officer for the Federal Road Safety Corps (FRSC) in Zone 4 comprising Plateau, Benue and Nasarawa States Assistant Corps Marshal Kayode OLAGUNJU, mni has vowed to prosecute erring motorists in the Zone to improve safety situation...

July 24, 2020 No Responses

Deeper Life Bible Church Holds Young Professionals Forum

As part of measures to address clamour for quality leadership especially among the youths, the Young Professionals Forum (YPF) of the Deeper Life Bible Church has announced the hosting of its second annual leadership summit. A statement issued on Friday...

July 22, 2020 No Responses

DPR Implores Lubricant Producers On Export

Director, Department of Petroleum Resources (DPR), Mr Auwalu Sarki, has enjoined lubricant producers in the country to look beyond the shores of Nigeria and target the export market in the distribution of their products. A statement signed by Mr Paul Osu, ...