yetty, Author at City Business News

July 9, 2020 No Responses

Nigeria Explains Deregulation Of Oil Downstream Sector

The Minister of State for Petroleum Resources, Chief Timipre Sylva on Thursday aid the deregulation of the downstream oil sector was to ensure economic growth and development of the country. In a statement, Sylva explained that was unrealistic to continue...

July 9, 2020 No Responses

Anambra Generates N26.4b In 2019

The Anambra state Government on Thursday said it realized N26.4 billion as Internally Generated Revenue (IGR) in 2019. Mr David Nzekwu, Chairman of the State Internal Revenue Service, stated this while defending the agency’s financial transactions in 2...

July 8, 2020 No Responses

Federal Character Commission Audits MDAs Nominal Rolls

The Federal Character Commission (FCC) is to commence auditing of the nominal rolls of federal Ministries, Department and Agencies (MDAs). Speaking on Wednesday in Abuja, the New Executive Chairman of the Commission, Dr Muheeba Dankaka, explained th...

July 8, 2020 No Responses

Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest. Specifically, the All-Share Index rose by 180.59 points or 0.75 per cent to close at 24,278.07 compared...

July 8, 2020 No Responses

Ex-NNPC Boss: I Received $9.8m As Gift After I Left Office

Former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, on Wednesday, told the Federal High Court, Abuja, that substantial part of the money found at his Kaduna residence by Economic and Financial Crime Commission (...

July 8, 2020 No Responses

Dana Air Resumes Operations

Following the recent re-opening of the airports by the Federal Government, Dana Air has announced the resumption of its flight services on July 9, 2020 The airline will operate three daily flights from Lagos to Abuja and back while the date...

July 8, 2020 No Responses

Lagos Receives 16 Vehicles From Shell

The Lagos State Government on Wednesday received 16 security operations vehicles from Shell Nigeria Exploration and Production Company Ltd (SNEPCo) toward enhancing security in the state. Speaking during the handover ceremony at the Lagos House, Marina, Lagos ...

July 8, 2020 No Responses

Photo News

L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala-Usman (middle), Executive Secretary, Nigerian Shippers Council, Barr. Hassan Bello, during the M...

July 8, 2020 No Responses

Ecobank Nigeria Extends Agric Loan To 70,000 Farmers

Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during this planting season. This is one of the bank’s initiatives to ...

July 8, 2020 No Responses

Nigeria To Review Size Of Embassies

The Federal Government is to review the operations of some of its embassies abroad as well the Technical Aid Corps (TAC) scheme. Minister of Foreign Affairs, Geoffery Onyeama, disclosed this when he featured as the special guest on News Agency...

July 7, 2020 No Responses

Interest In Airtel Africa, BUA Cement, Zenith Bank Lift Market Capitalisation By N35b

The nation’s bourse halted negative trend on Tuesday due to investors’ interest in Airtel Africa, BUA Cement and 15 other equities. Consequently, the All-Share Index rose by 71.43 points or 0.30 per cent to close higher at 24,097.48 compared with...

July 7, 2020 No Responses

CEOs Of Maritime Agencies Converge At NSC, Reiterate Synergy, Efficiency

The Chief Executive Officers (CEOs) of maritime agencies in Nigeria on Tuesday converge at the headquarters of Nigerian Shippers Council (NSC) to brainstorm on various modalities and areas of collaborations. The meeting had in attendance Executive Secret...

July 7, 2020 No Responses

Largest Online Gathering Of Workers, Employers, Others To Brainstorm On Post-Pandemic Recovery

More than 50 Heads of State and government, as well as prominent global employers’ and trade union leaders are to take part in global discussions on COVID-19 and the World of Work, which be held online, 7-9 July.A statement issued...

July 7, 2020 No Responses

NPA Reacts To Alleged Lopsided Appointments Of GMs, Heads Of Departments

The management of Nigerian Ports Authority (NPA) on Tuesday described alleged lopsided appointments of General Managers/Heads of Departments as “unfounded and riddled with untruth”. According to NPA, General Managers are usually appointed from t...