Author: yetty
DMO Re-Opens Auction For N360b FGN Bonds
The Debt Management Office (DMO) on Tuesday offered four Federal Government of Nigeria (FGN) Bonds valued at N360 billion for subscription through auction. According to the DMO, the first offer is a February 2028 FGN Bond valued at N90 billion...
Okomu Oil Empowers Women On Waste To Wealth Initiatives
Okomu Oil Palm Plc has empowered not less than 70 women on how to turn waste to wealth as part of activities to mark the 2023 International Women’s Day. According to Okomu Oil Palm Plc, the two day skills acquisition...
FG Takes Over Yobe Cargo Airport
The Federal Government has taken over the recently inaugurated Muhammadu Buhari International Cargo Airport, Damaturu, Gov. Mai Mala Buni of Yobe, disclosed on Monday. Speaking at the launch of a book titled: “Gov. Buni’s 1,500 projects” authored by Alha...
Pfizer Stakes $43b On Seagen
Pfizer, the pharmaceutical giant, has entered a merger agreement with Seagan Inc., a global biotechnology company, for $43 billion or $229 per share. Seagan discovers, develops and commercialises cancer medicines. The companies expect to complete the merger in...
Naira Loses Further To Dollar
Naira lost further to the dollar on Monday as it exchanged at N461.67 at the Investors’ and Exporters’ window. The rate represented a decrease of 0.04 per cent, compared to the N461.50 for which it exchanged to the dollar at...
Shareholders Hold Investors Summit Thursday
All is now set for the 2023 Investors’ Summit organized by members of the Proactive Shareholders Association of Nigeria (PROSAN). Under the chairmanship of former chairman, NAHCO AVIANCE, Alhaji Sulaiman Yahyah, the event is scheduled to hold on Thursday, Ma...
CBN To Banks: Comply With Supreme Court’s Judgement On Naira Notes
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson in a statement said, “In compliance with the established tradition of obedience to court orders...
NSIB Investigates Lagos Train Accident
By Citybusinessnews@yahoo.com The Nigerian Safety Investigation Bureau (NSIB) has commenced investigation into an accident involving a train with registration number 2215 and a Lagos State BRT staff bus with registration number 04A-48LA. The acciden...
Qatar Airways Cargo Celebrates International Women’s Day With All-Female Flight
Qatar Airways Cargo celebrated International Women’s Day with a scheduled Boeing 777 freighter from Doha to Shanghai operated entirely by crew made up of women. A statement explained that from the ground staff overseeing and handling the cargo, t...
Winners Emerge In Ecobank Supper Reward Campaign
Ecobank Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated (ETI), has rewarded four customers, being winners in the Super Rewards deposit promo with N1 million each. The Super Rewards Campaign is a customer-focused initiative ...
Court Sets Aside Execution On Stallion
The Federal high court in Lagos has set aside a purported execution carried out by Guaranty Trust Bank (GTB)Plc against Stallion Nigeria Limited over alleged N13 billion judgement debt. Justice Ambrose Lewis Alagoa in a ruling deliv...
Irabor Tasks Military On Peaceful Elections
The nation is looking up to the armed forces and other security agencies to ensure peaceful and smooth elections, the Chief of Defence Staff, Gen. Lucky Irabor, has said Irabor, who was represented by the Chief of Defence Policy and...