yetty, Author at City Business News

July 13, 2020 No Responses

Daukoru Emerges NLNG Board Chairman

President Muhammadu Buhari has approved the reconstitution of the representatives of Nigeria on the Board of Nigerian Liquefied Natural Gas Limited (NLNG) under the chairmanship of Former Minister of State for Petroleum, Edmund Daukoru. A memo signed by the Minister of State for Petroleum...

July 13, 2020 No Responses

Ondo Distributes 20,000 Cocoa Seedlings To Farmers

No fewer than 100 cocoa farmers in Isua-Akoko, Ondo State on Monday, benefitted from the 20,000 free hybrid cocoa seedlings, donated by the State Government.The News Agency of Nigeria (NAN) reports that the distribution exercise was the core target of...

July 13, 2020 No Responses

Nigeria’s Stock Market Opens Week With N55b Loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Specifically, the market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion....

July 13, 2020 No Responses

Singapore, London, Shanghai,Top New List Of Most Important Shipping Hub

The 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) Index has been published by the Baltic Exchange, in collaboration with Xinhua, the Chinese state news agency. The index, in its seventh edition, provides an independent ranking of the perf...

July 13, 2020 No Responses

Nigeria’s Unclaimed Dividends Hit N158.44b

The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria (NAN) reports. Data obtained exclusively by NAN from the Securities and Exchange Commission (SEC) show that the...

July 13, 2020 No Responses

ILO Renews Commitment To Create Better World Of Work After COVID-19

The Director-General of the International Labour Organization (ILO), Guy Ryder, has welcomed the commitment and determination of world leaders to build a better world of work as a core element of recovery from the COVID-19 crisis . Speaking at the close of ...

July 13, 2020 No Responses

FRSC Warns Personnel Against Collecting Bribe From Motorists

The Federal Road Safety Corps (FRSC) in Ogun, has warned its personnel to desist from collecting bribe from motorists in the state. The Ogun Sector Commander of FRSC, Mr Ahmed Umar, gave this warning in an interview with the News...

July 13, 2020 No Responses

Court Dismisses N5b Libel Suit Against Thisday

An FCT High Court, in Kubwa on Monday, dismissed a N5 billion libel suit filed by a Chartered Accountant, Nixon Alanza, against Thisday Newspaper Limited and Diamond Bank PLC . Delivering judgment, Justice Bello Kawu , held that the plaintiff...

July 10, 2020 No Responses

Nigeria Clarifies Tax On House Rents, C of O, Others

The Director-General of the Budget Office of the Federation, Mr Ben Akabueze, on Friday said tax on rents, Certificate of Occupancy (C of O) and others is not a new law to the system. Akabueze made the clarification while fielding...

July 10, 2020 No Responses

MTN Nigeria, Vitafoam, Others Lift Market Capitalisation By N15b

July 10, 2020 No Responses

Immigration Refuses Departure Of 58 Nigerian Medical Doctors To UK

Operatives of the Nigeria Immigration Service (NIS) at Murtala Muhammed International Airport (MMIA) Ikeja, Lagos, has refused the departure of 58 Nigerian Medical Doctors to United Kingdom. The Spokesman of the service, Mr Sunday James, in a statement on Frid...

July 10, 2020 No Responses

SEPLAT Appoints Onwuka CFO, ED

The Board of Directors of Seplat Petroleum Development Company Plc has announced the appointment of Mr. Emeka Onwuka as Chief Financial Officer (CFO) and Executive Director of with effect from August 1, 2020. Mr. Onwuka has over 30 years’ experience in....

July 10, 2020 No Responses

Buhari Directs Release Of 50% Of Capital Expenditure, Signs N10.8tr Revised 2020 Budget

President Muhammadu Buhari has signed into law the revised N10.8 trillion 2020 budget, and directed the release of at least 50 per cent of the approved 2020 revised capital expenditure to Ministries, Departments and Agencies (MDAs). The News Agency of...

July 10, 2020 No Responses

Olugbade: Barge, Off Docks Will Aid Port Decongestion

Captain Ibraheem Olugbade, Executive Director, SIFAX Off Dock, has urged all the stakeholders in the maritime sector to adopt the option of barge transportation for the movement of consignments from the Lagos ports. Olugbade said the challenges of congestion a...