yetty, Author at City Business News

May 1, 2022 one Response

NDLEA Intercepts N1.1b Travellers’ Cheques, 10.89kg Cocaine At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has intercepted travellers’ cheques in various foreign currencies of over N1.1billion at the Murtala Muhammed International Airport, (MMIA), Ikeja, Lagos. A statementr issued on Sunday by Director, Media and Advocacy of the agency explained that...

April 30, 2022 No Responses

Theman Takes Over As Gombe FRSC Sector Commander

Corps Commander, Felix Theman has been posted to the Federal Road Safety Corps (FRSC), Gombe State Command, as the new Sector Commander. The command’s Public Relation Officer, Janet Kassa, in a statement on Saturday explained that the new sector...

April 30, 2022 No Responses

Flour Mills Secures Approval To Acquire 76% Stake In Honeywell

Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by...

April 30, 2022 No Responses

PDP: Only National Chairman, Secretary Can Authenticate Membership Cards

The Peoples Democratic Party (PDP) says only its national chairman and the national secretary are vested with power to authenticate party cards. The party made the clarification in a statement by its National Publicity Secretary, Mr Debo Ologunagba ...

April 30, 2022 No Responses

Eid-Fitri: FAAN Beefed Up Security At Airports

The Federal Airports Authority of Nigeria (FAAN) has beefed up security at the nation’s airports ahead of the Eid-el-Fitri celebration. The acting General Manager, Corporate Affairs of FAAN, Mrs Faithful Hope-Ivbaze, in a stat...

April 30, 2022 No Responses

Ministry Tasks LADOL On Local Content, Youth Employment

The Permanent Secretary, Ministry of Transportation, Dr Magdalene Ajani, has urged the Lagos Deep Offshore Logistics Base (LADOL), to promote local content and youth employment. Ajani, in a statement said this was in furtherance of the Federal Governmen...

April 30, 2022 No Responses

20 Pension Fund Administrators Meet Deadline For N5b Minimum Capital

Twenty Pension Fund Administrators (PFAs) met PenCom’s deadline to increase their Minimum Regulatory Capital (shareholders’ fund) from N1 billion to N5 billion by April 27. Pension Commission (PenCom) made the declaration in a statement it issued in Lag...

October 17, 2020 No Responses

Lee Engineering Boss Seeks Import Duty Waiver, Tax Relief For Indigenous Fabrication Firms

Executive Chairman, Lee Engineering, Dr Leemon Ikpea, has appealed to the Federal Government to grant import duty waiver and tax relief for indigenous fabrication companies as part of measures to support the government in job creation and boost the eco...

October 17, 2020 No Responses

Ganduje At NSC, Implores FG On Rail Extension To Dala Inland Port

Governor of Kano State, Abdullahi Ganduje has called on the Nigerian Shippers’ Council (NSC) to follow up with the Federal Ministry of Transportation to declare Dala Inland Dry Port as a destination port. Ganduje made the call when he visited...

October 17, 2020 No Responses

Photo News

R-L: John Jenkins, Managing Director, Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group; Abdullahi Ganduje, Executive Governor, Kano State; Hassan Bello, Executive Secretary/CEO, Nigeria Shippers’ Council and an official of the Kano St...

October 17, 2020 No Responses

British Airways Fined £20m Over Data Breach

British Airways has been fined £20m ($26m) by the Information Commissioner’s Office (ICO) for a data breach which affected more than 400,000 customers. The breach took place in 2018 and affected both personal and credit card data. The fine...

October 15, 2020 No Responses

Bajaj Auto Signs Jay Jay Okocha As Brand Ambassador

Bajaj Auto, the world’s leading manufacturer of 3-wheelers has partnered with Jay Jay Okocha, to endorse its commercial vehicle range consisting of 3-wheeler and 4-wheeler products. Regarded as Nigeria’s greatest and most skillful sports personality, Ja...

October 14, 2020 No Responses

FEC Boosts NRC‘s Security With N1.28b Equipment, N22b For Apapa-Oworonsoki-Ojota Road

The Federal Executive Council (FEC) has approved N1.28billion for the purchase and installation of security equipment at seven stations of the Nigerian Railway Corporation (NRC) along Abuja-Kaduna-Kano lines. The Minister of Transportation, Mr Rotimi Amaechi, ...

October 14, 2020 No Responses

CBN Warns Shipping Lines, Shippers On Export Proceeds Numbers

Non-compliance by shipping lines to the directive by the Federal Government that all export goods leaving the country should carry Nigerian Export Proceeds (NXP) numbers was the focus of discussions during a meeting recently convened by the Central Bank of...