yetty, Author at City Business News

July 9, 2020 No Responses

NNPC Increases Gas Supply To Power Sector By 19%

The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 19.14 per cent in the average daily natural gas supply to power plants in April 2020. The Corporation disclosed this on its Monthly Financial and Operations Report (MFOR) for...

July 9, 2020 No Responses

Customs Impounds 157 Vehicles, 6,340 Bags Of Rice, Others

Between January and June, 2020, the Nigerian Customs Service (NCS), Federal Operation Unit (FOU), Zone ‘B’, seized 625 goods with Duty Paid Value (DPV) of N1.668billion, compared with 425 items with DPV of N762 million confiscated within same period in...

July 9, 2020 No Responses

NUPENG Pickets Variant Energy Over Alleged Anti-Labour Practices

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Thursday picketed the Victoria Island, Lagos office of Variant Energy Services over anti labour practices. NUPENG Lagos Zonal Chairman, Tayo Aboyeji, explained that the patience and understandi...

July 9, 2020 No Responses

ECOWAS Court Gets Legal Instrument To Enforce Judgments In Ghana

The ECOWAS Court of Justice has received the instrument designating Ghana’s Attorney-General and Minister for Justice as the Competent National Authority for the enforcement of the decisions of the court in the Republic of Ghana. A statement issued by the...

July 9, 2020 No Responses

Maersk Sells Containership For Green Recycling

Maersk, owner and operator of the world’s largest container shipping fleet, has sold a 9, 640 TEU containership Sine Maersk for demolition in Turkey. The 22-year-old containership has a market value of $ 11.69 million, according to the data from...

July 9, 2020 No Responses

Nigeria Arrests 116 Human Traffickers, Rescues 1,489 Victims In Four Years

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) on Thursday said the agency apprehended no fewer than 116 human traffickers and rescued 1,489 victims in four years. The Zonal Commander in charge of Kano, Mr Shehu Umar,...

July 9, 2020 No Responses

FRSC Secures Conviction Of 39 Traffic Offenders

The Nasarawa State Command of the Federal Road Safety Corps (FRSC) has secured the conviction of 39 traffic violators at a mobile court in Garaku, Kokona Local Government Area of the state. The Sector Commander, Mr Ahmed Mohammed explained in...

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 ...