yetty, Author at City Business News

June 11, 2020 No Responses

National Assembly Raises Revised 2020 Budget To N10.810trillion

The two Chambers of the National Assembly on Thursday, raised the N10.509 trillion budget proposed by the executive as revised budget for 2020 fiscal year by N301billion, passing N10.810 trillion as aggregate expenditure for the 2020 revised budget. The N301...

June 11, 2020 No Responses

Polaris Agency Banking, SurePadi Records N10b Transactions

Within its first 100 days of introduction, Polaris Bank’s Agency Banking initiative, SurePadi, has serviced over half a million customers impacting directly an estimated two million households across the seven business regions of the Bank nationwide. &nbsp...

June 11, 2020 No Responses

Customs Reduces Physical Examination Of Cargoes At Seaports

The Nigeria Customs Service (NCS) on Thursday announced the reduction in the number of physical examination of cargoes at the ports. The Deputy Comptroller of Customs, Anthony Anyalogu, explained that it was part of measures to ensure physical distancing and.....

June 11, 2020 No Responses

CBN To Support 70, 000 Maize Farmers In 2020

The Central Bank of Nigeria (CBN) is to support 70,000 maize farmers under its Anchor Borrowers Programme, during the 2020 wet farming season. Head, Development Finance Office, CBN, Mr Nuhu Muazu, reiterated the development on Thursday in Abuja duri...

June 11, 2020 No Responses

Ford Recalls 2.5m Vehicles

Ford is recalling about 2.5 million vehicles in the U.S., Canada and elsewhere because of a nagging door latch problem and a brake fluid leak.The door latch recall covers more than 2.1 million cars, SUVs and vans in the U.S. The...

June 9, 2020 No Responses

Senate Probes BPE Over Non-Performance Of Paper Mills

The Senate has mandated its Committee on Privatization to investigate the operations and non-performance of paper mills sold by the Bureau of Public Enterprises to private interests. This was just as the Upper Chamber rejected a call on the Federal...

June 9, 2020 No Responses

Senate Wades Into Bonny Island’s Mysterious Deaths

The Senate has mandated its Committee on Health (Primary and Communicable Disease) to meet with the Nigeria Centre for Disease Control (NCDC) following the number of mysterious deaths recorded in Bonny Island, Rivers State. The upper chamber while urging the...

June 9, 2020 No Responses

Tony Attah, MD/CEO, Nigeria LNG Limited’s Speech During A Visit To Governor Nyesom Wike

I must start by offering the good wishes of the Nigeria LNG family and our sincere appreciation for the tremendous efforts of the Government of Rivers State, under your astute leadership, in fighting the onslaught of the Coronavirus pandemic in...

June 9, 2020 No Responses

ILO Seeks Release Of 150,000 Seafarers Trapped On Board Ships

The International Labour Organization (ILO) on has called for urgent and coordinated action to release the 150,000 to 200,000 seafarers trapped on board ships around the world because of measures to contain the COVID-19 virus.The ILO in a statement on M...

June 9, 2020 No Responses

BUA Cement lifts NSE As Market Capitalisation Retains N45b

The Nigerian Stock Exchange (NSE) key market indices improved further by 0.34 per cent on Tuesday due to sustained interest in BUA Cement. Speficially, the All-Share Index which opened at 25,249.96, rose by 85.19 points or 0.34 per cent to...

June 9, 2020 No Responses

MTN Nigeria Explains Completion Of N100b Commercial Paper

MTN Nigeria Communications (MTNN) Plc on Tuesday announced the successful issuance of N100 billion Series I & II Commercial Paper (CP) notes. MTNN stated this in a notice to the Nigerian Stock Exchange (NSE) and the investing public signed by...

June 9, 2020 No Responses

Customs Confiscates N3.2b Items, Arrest Eight Suspects

The Nigerian Customs Service (NCS) Border Drill Operation Sector 4, Katsina said it seized various goods with Duty Paid Value (DPV) worth N3.2 billion from January 2020 to date. Aliyu Mohammed, the sector coordinator, Border Drill Operation Sector 4, Katsina,....

June 9, 2020 No Responses

Lagos APC Bans Justice Forum, Mandate Group, Others

The Governor’s Advisory Council (GAC) has announced the dissolution of all political groups within the All Progressives Party (APC) in the state. The 27-member GAC, the highest decision-making organ of the party in the state, announced the dissolution on Tu...

June 9, 2020 No Responses

Mother Of 13 Gives Birth To Quadruplets In Zaria

A 34-year-old housewife, Hauwa’u Sulaiman, of No. 70 Alfadarai in Zaria, also a mother of 13, gave birth to a set of quadruplets at the Gambo Sawaba General Hospital, Zaria, on Friday, June 5.Sulaiman told the News Agency of Nigeria...