yetty, Author at City Business News

August 20, 2020 No Responses

SEC Nigeria Vows To Flush Out Illegal Operators

The new Director-General of the Securities and Exchange Commission (SEC), Dr Lamido Yuguda, on Thursday vowed to clamp down on illegal operators luring unsuspecting investors in the market. Yuguda said this in an address delivered at the first Capital...

August 20, 2020 No Responses

NEPZA Commends LADOL’s Agric, Health Free Zone Initiative

Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, has commended LADOL Free Zone. Speaking during an official tour of the Zone, Prof. Adesugba expressed particular support for LADOL expansion in attract...

August 20, 2020 No Responses

Oyo Extends Maternity Leave To Six months

The Oyo State Government on Thursday said efforts are ongoing to ensure that maternity leave for pregnant and nursing mothers who are state employees is extended from four to six months. This is contained in a statement by the...

August 20, 2020 No Responses

Babcock University Produces 66 First Class Graduates

Babcock University, Ilisan – Remo, Ogun State, has graduated 2,169 graduands, comprising 1,686 undergraduates and 483 postgraduates out of which 66 of them made first class. The Department of Christian Religious Studies in the School of Education and Huma...

August 20, 2020 No Responses

Market Capitalisation Extends Growth By N18b

Trading on the Nigerian Stock Exchange (NSE) maintained positive trend on Thursday for the third consecutive days, as its indices increased further by 0.13 per cent. Specifically, the All-Share Index increased by 33.28 points 0.13 per cent to close...

August 20, 2020 No Responses

NRC Faults Demolition Of Facilities In Enugu

The Nigerian Railway Corporation (NRC) on Thursday said the demolition of its facilities by Enugu State government can frustrate ongoing efforts to extend standard gauge rail lines to the South East zone.The Railway District Manager (RDM) (East), Mr Osidipe Ol...

August 19, 2020 No Responses

C&I Leasing To Float N10b Bond

C & I Leasing Plc has perfected plans to raise N10 billion from the capital market through bond issuance for debt refinancing and to boost capital structure. Mr Andrew Otike-Odibi, the company’s Managing Director/Chief Executive Officer, disclosed thi...

August 19, 2020 No Responses

Shippers’ Council Decries Indiscriminate Charges By Shipping Firms

The Management of Nigerian Shippers’ Council (NSC) on Wednesday described as ‘unreasonable and unacceptable the indiscriminate’ high surcharges by multinational shipping firms on Nigerian-bound cargoes. The Executive Secretary of NSC, Mr Hassan Bello,...

August 19, 2020 No Responses

NPA Receives 18 Ships At Lagos Port Complex

Eighteen ships laden with food items and other goods have arrived Lagos Port Complex waiting to berth. According to Nigerian Ports Authority (NPA) publication, `Shipping Position’, the ships are carrying containers, general cargo and gypsum. NPA ex...

August 19, 2020 No Responses

FRSC Tasks Articulated Truck Owners On Maintenance

The Sango-Ota Unit Command of the Federal Road Safety Corps (FRSC) has appealed to articulated truck owners to always ensure proper maintenance of their vehicles before putting them on the roads. The Sango-Ota Unit Commander of FRSC, Mr Akeem...

August 18, 2020 No Responses

Lagos Empowers 800 Rice Farmers

The Lagos State Government ( LASG) has empowered no fewer than 800 rice farmers in the state with preferred high yielding Farrow 44 seeds, new high quality knapsack sprayers, rain boots and farm coats. The State Acting Commissioner for Agriculture,...

August 18, 2020 No Responses

Market Capitalisation Recovers N2b

The key market indices of the nation’s bourse on Tuesday rebounded marginally by 0.02 per cent, due to gains posted by 16 stocks. Specifically, the All-Share Index rose by 3.82 points or 0.02 per cent to close at 25,136.49...

August 18, 2020 No Responses

Prudential Zenith Life Insurance Donates N38millionTo Slum2School

Prudential Zenith Life Insurance has donated $100,000 (N38 million) to Slum2school Africa, to help cushion the impacts of the COVID-19 pandemic on education in disadvantaged communities across Nigeria. Mr Chuks Igumbor, Managing Director and Chief Execu...

August 18, 2020 No Responses

Dollars Scarcity Worsens, Naira Drop To N480

The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a dollar. The News Agency of Nigeria (NAN) reports that the Pound Sterling and the Euro exchanged at N610 and N550, respectively. Trading...