yetty, Author at City Business News

July 7, 2020 No Responses

FRSC Arrests 236 Traffic Offenders In Seven Days

The Federal Road Safety Corps (FRSC) in Rivers has arrested a total of 236 traffic offenders within one week. The state Sector Commander, Corps Commandant Salisu Galadunci disclosed this to the News Agency of Nigeria (NAN) on Tuesday in Port...

July 7, 2020 No Responses

600 Firms Bid For Nigeria’s 57 Marginal Oilfields

Over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in Nigeria, the Department of Petroleum Resources (DPR) has said. Director of DPR, Mr Auwalu Sarki made the disclosure while speaking on Tuesday in a.....

July 7, 2020 No Responses

FCTA Threatens To Shut GTBank Over Alleged COVID-19 Protocol Violation

The Federal Capital Territory Administration (FCTA) has threatened to seal some Guarantee Trust Bank branches in Abuja over alleged non-adherence to COVID-19 safety protocols in their operations. Chairman of the FCTA Enforcement Team on COVID-19, Mr Ikharo Att...

July 6, 2020 No Responses

Nigeria Proposes N2.3t To Boost Mining, other sectors

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has proposed N2.3 trillion to boost the mining and other sectors of the economy in post COVID-19 rescue operations. Adegbite said this in an interactive session with Journalists on Federal...

July 6, 2020 No Responses

Yuguda, New SEC Nigeria Boss Resumes, Pledges To Tackle Market Manipulation

The Director General of the Securities and Exchange Commission(SEC) Mr. Lamido Yuguda has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond. Yuguda resumed alongside the Executive Commis...

July 6, 2020 No Responses

FG Grants 60% Debt Relief To Broadcast Stations

The Federal Government has approved 60 percent debt forgiveness for all debtor broadcast stations in the country to cushion the effects of COVID-19 on the industry. The Minister of Information and Culture, Alhaji Lai Mohammed, announced this on Monday in...

July 6, 2020 No Responses

Ganduje: APC ‘Il Win Edo Governorship Election

The National Campaign Council of the All Progressives Congress (APC) has expressed optimism that the party will win the Sept. 19 Edo Governorship election.Gov. Abdullahi Ganduje, the leader of the council said this shortly after the inauguration of the c...

July 6, 2020 No Responses

Access Bank To Reward Over 1,000 DiamondXrra Customers

Access Bank Plc is to reward over 1,000 DiamondXtra customers with various grants and cash prize in the second DiamondXtra quarterly draw of Season 12. The bank’s Group Head, Retail Products and Segments, Adaeze Ume, disclosed this in a statement...

July 6, 2020 No Responses

Market Capitalisation Opens Week With N162b Loss

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day. Specifically, the market capitalisation which opened at N12.695 trillion lost N162 billion to close at N12.533 trillion. Also, the...

July 6, 2020 No Responses

Amnesty Programme Gulps N30m In Katsina

The Katsina State Government said on Monday that it had spent about N30 million on amnesty programme for repentant bandits and cattle rustlers in the state before the programme collapsed. Mr Mustapha Inuwa, the Secretary to the State Government (SSG),...

July 3, 2020 No Responses

PwC Nigeria Admits Eight New Partners

PwC Nigeria has admitted eight professionals into its partnership, with effect from July 1, 2020. According to PwC, this is a record number for “the leading professional services firm, demonstrating its commitment to diversity, inclusion, and developin...

July 3, 2020 No Responses

African Ministers, Social Partners Join ILO Summit On COVID-19

More than 50 African ministers of labour or employment, along with representatives of workers’ and employers’ organizations and international organizations joined the International Labour Organization Regional Office for Africa on Thursday, 2 July for a vi...

July 3, 2020 No Responses

Poultry Farmers Decry Scarcity Of Day-Old Chicks

Some poultry farmers have lamented the scarcity of day-old chicks required for rearing, a situation they blame on the COVID-19 lockdown period. The farmers made the complaints in separate interviews with the News Agency of Nigeria (NAN) in Lagos on...

July 3, 2020 No Responses

BUA To Set Up 3m Metric Tonnes Cement Plant In Adamawa

The Chairman of BUA Group of Company, Alhaji Abdussamad Rabiu, on Friday disclosed that the firm will set up a three million metric tonnes cement plant in Adamawa. Rabiu disclosed this when he paid a courtesy visit to Gov. Ahmadu...