yetty, Author at City Business News

August 22, 2020 No Responses

Olukoya Decries Link With Fraud, Clarifies Allegation On UK Church

General Overseer of Mountain of Fire and Miracles Ministries (MFM), Dr. Daniel Kolawole Olukoya, has denied involvement in any fraudulent activities as being portrayed in some sections of the media, which he accused of being bent on churning out malicious...

August 22, 2020 No Responses

Germany Records 2,034 New Coronavirus Cases

The number of new people confirmed to be infected with the novel coronavirus in Germany spiked again on Saturday at a rate not seen since late April. Over the last 24 hours, health authorities across the country recorded 2,034...

August 21, 2020 No Responses

Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue

Representatives of Department of Petroleum Resources (DPR) were queried by the Senate on Friday for remitting only N44. 5 billion into the Consolidated Revenue Fund in 2019 out of N2.4 trillion generated. This is as heads of many of...

August 21, 2020 No Responses

UASC Seeks Immediate Suspension Of Peak Season Surcharge

The Union of African Shippers’ Council (UASC) has called for the immediate suspension of Peak Season Surcharges (PSS) imposed by Shipping Lines serving the West African Trade Route. Head of Public Relations, Nigerian Shippers’ Council (NSC), Rakiya Zuba...

August 21, 2020 No Responses

APC Inaugurates Reconciliation Committee For Aggrieved Members In Imo, Ogun

The All Progressives Congress (APC) on Friday inaugurated a five-member reconciliation committee, headed by Governor of Jigawa State. Abubakar Badaru to reconcile aggrieved members of the party in Imo and Ogun. Governor of Yobe State and APC Caretaker Commi...

August 21, 2020 No Responses

Investors Stake N1.75b On Zenith Bank, FBN Holdings, Nigeria Breweries, Others

The Nigerian Stock Exchange (NSE) on Friday moved 158.62 million shares worth N1.75 billion exchanged in 3,194 deals. This was in contrast with 179.55 million shares valued at N2.53 billion achieved in 3,055 deals on Thursday. An analysis...

August 21, 2020 No Responses

Ogun Unveils Agenda For 2,000 Housing Units

Governor of Ogun State. Dapo Abiodun on Friday announced plans to deliver 2,000 housing units to the people of the state soon at affordable prices. Abiodun disclosed this when he received the Managing Director and Chief Executive Officer of...

August 21, 2020 No Responses

NPDC Targets 600mmscf/d Of Gas Supply To Domestic Market

The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), is looking at boosting its gas supply to the domestic market by 600million standard cubic feet per day (mmscf/d) ...

August 21, 2020 No Responses

SEC Canvasses More Stakeholders’ Engagements

The Securities and Exchange Commission (SEC) is open to engagements with stakeholders as part of measures to foster new partnerships. A press statement issued from the first virtual Capital Market Committee Meeting held on Thursday, quoted the Directo...

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...