yetty, Author at City Business News

January 22, 2025 No Responses

SEC DG: Collective Investment Schemes Increased To N3tri In 2024

The Securities and Exchange Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024.The Director General of the SEC, Dr. Emomotimi Agama who disclosed this during an interaction with reporters in Abuja, explained...

January 22, 2025 No Responses

GOC Commends Troops For Contributions To Increased Oil Production

The General Officer Commanding (GOC) of 6 Division, Nigerian Army (NA), Major General Jamal Abdussalam, has praised the efforts of his troops for significantly boosting oil production in the Niger Delta Region (NDR) over the past year.VIn his farewell address....

January 22, 2025 No Responses

Tinubu Appoints Opeifa Nigerian Railway’s Managing Director

President Bola Ahmed Tinubu has appointed Dr. Kayode Opeifa the Managing Director, Nigerian Railway Corporation (NRC).Opeifa, a former Commissioner for Transportation in Lagos State, is a foremost transport expert.An indigene of Lagos State, Opeifa succeeds Mr...

January 22, 2025 No Responses

NSC Distributes Relief Materials To Schools, Orphanages

As part of it’s Corporate Social Responsibility (CSR), the Nigerian Shippers’ Council (NSC) has distributed learning and relief materials to schools and orphanages in Zaria, Kaduna State.According to the North West Director of the council, Mrs Karimatu...

January 21, 2025 No Responses

Court Orders Final Forfeiture of Property In Lagos

Justice A.O. Owoeye of the Federal High Court sitting in Ikoyi, on Tuesday, January 21, 2025, ordered the final forfeiture of a property, a u-shaped two-storey building in Lagos,to the federal Government of Nigeria.The property is situated in the premises...

January 21, 2025 No Responses

COAS Lauds 402 Special Forces, Seeks Sustained Efforts Against Insurgency

The Chief of Army Staff (COAS), Lieutenant General Olufemi Oluyede, has applauded the remarkable efforts of the 402 Special Forces (SF) Brigade in safeguarding the Kaduna-Abuja road and rail corridor.The commendation came during his operational visit to the Br...

January 20, 2025 No Responses

Alleged ₦76b Fraud: Court Grants Bail To Former AMCON MD, Others

An Ikeja Special Offences Court on Monday granted bail of ₦20 million to Ahmed Kuru, former Managing Director of the Assets Management Corporation of Nigeria (AMCON), and four other defendants on trial for the alleged ₦76 billion and $31.5 million...

January 20, 2025 No Responses

Alleged 76b, $31.5m Fraud: EFCC Arraigns Ex- AMCON MD, Arik Air MD, Union Bank, Others

The Economic and Financial Crimes Commission (EFCC), on Monday, January 20, 2025, arraigned a former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, current Managing Director of Arik Air, Captain Roy Ilegbodu, and Receiver...

January 20, 2025 No Responses

NDDC Reconstructs Irrua-Ewu-Agbede Road In Edo

The emergency reconstruction of the Irrua-Ewu-Agbede Road in Uhunwonde/Esan West Local Government Area of Edo State, being undertaken by the Niger Delta Development Commission (NDDC)is nearing completion.A statement sent to City Business News on Monday explain...

January 20, 2025 No Responses

Ethiopian Airlines Gets IATA CEIV Recertification

Ethiopian Airlines has announced the successful recertification of its IATA Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV) as an Airline and ground handling agent.In a statement issued on Sunday, Ethiopian Airlines said: &#8...

January 19, 2025 No Responses

NDLEA Arrests India-Bound Nursing Student

Attempt by Esther Onyinyechi Uzodinma, a 26-year-old 200-level student of nursing at the Noida International University, Uttar Pradesh, India, to swallow 76 wraps of cocaine hours before her return flight to the South Asian country through the Mallam Aminu Kan...

January 19, 2025 No Responses

Richard Edoki Makes National Hospital Radio Awards 2025 List

Richard Edoki, a Nigerian-born broadcast journalist popularly known as Richybongo, has been named a finalist in the Best Newcomer category at the National Hospital Radio Awards 2025.Organized by the Hospital Broadcasting Association (HBA), this annual event ho...

January 18, 2025 No Responses

Court Bars FRSC From Arresting Vehicles, Penalising Drivers With Faded Number Plates

A Federal High Court, sitting in Lagos has restrained the Federal Road Safety Corps (FRSC) from arresting vehicles with faded number plates.Justice Akintayo Aluko made the order on Friday and also restricted the FRSC from imposing any fine or punishment...

January 17, 2025 No Responses

INTERPOL’s Maritime Security Unit Seeks Collaboration With EFCC

The International Criminal Police Organization, INTERPOL, through its Maritime Security Unit has sought collaboration with the Economic and Financial Crimes Commission, EFCC, as part of concerted efforts to combat transnational fraud and to check fraudulent ma...