yetty, Author at City Business News

January 31, 2020 No Responses

Interswitch Lists ₦23b Bond On NSE

The Nigerian Stock Exchange (NSE) on Friday admitted Interswitch Limited’s N23billion Bond.The Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate of 15 percent, is part of a N30 billion Debt Issuance Programme issued through...

January 31, 2020 No Responses

Market Capitalisation Declines By N96b In January

The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday closed trading for the month of January below 29,000 mark following the dominance of the bears.Specifically, the index on Friday dipped 187.40 points or 0.65 per cent to close...

January 31, 2020 No Responses

DPR Automates Downstream Operations

The Department of Petroleum Resources (DPR) has launched its digitization initiative for Downstream operations under the ‘AUTOMATED DOWNSTREAM SYSTEM’ (ADS) program.The digitization initiative is designed to improve overall efficiency and accelerat...

January 30, 2020 No Responses

Minister Tasks Stakeholders On Auto Policy Review

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, on Thursday implored automotive stakeholders to make input to the proposed amendment to the Draft Automotive Policy and Nigerian Automotive Industry Development Plan (NAIDP) as part of measure...

January 30, 2020 No Responses

National Sports Festival: Buhari Seeks Private Sector Investments

President Muhammadu Buhari on Thursday in Abuja called on private sector investors to join hands with the government in youth and sports development in the country.The President made the call when he received the “Torch of Unity’’ and flag-off of...

January 30, 2020 No Responses

SON Pledges To Enforce Mandatory Certification Of Products In 2020

The Standards Organisations of Nigeria (SON) has reiterated its commitment to flush out uncertified products from Kwara Markets in 2020.The state Coordinator of SON, Mrs Esther Okon, made the declaration on Thursday in Ilorin while speaking with the News...

January 30, 2020 No Responses

Ekiti Spends N14m On 2,000 JAMB Forms For Students

The Ekiti Government has purchased 2, 000 Joint Admissions and Matriculation Board (JAMB) forms for candidates in the state seeking admissions into tertiary institutions in the country.The News Agency of Nigeria (NAN) reports that the wife of Ekiti governor, M...

January 30, 2020 No Responses

Refineries: Senate Probes NNPC Over $396m Spent On Maintenance

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015.Accordingly, the Upper Chamber mandated the Committe...

January 29, 2020 No Responses

Tomato Farmers Seek Pest Control Support

Some tomato farmers in Kumo, Gombe have advocated for pest control measures to accelerate cultivation of tomato and perishable produce in the state.A cross section of the farmers made the call in separate interviews with the News Agency of Nigeria...

January 29, 2020 No Responses

SEC Nigeria Photo News

Left to Right: Businesss Editor Businessday Newspaper, Mr. Iheanyi Nwachukwu, Head Corporate Communications Securities and Exchange Commisison, SEC, Mrs Efe Ebelo, Head External Relations SEC, Mr. Sufian Abdulkarim, Editor Businessday Newspaper , Mr. Pat...

January 29, 2020 No Responses

Aisha Hassan-Baba, Orji Join UBA Board

The United Bank for Africa (UBA) Plc has announced the appointments of Aisha Hassan-Baba and Kenneth Orji as Non-Executive Directors on the Group’s Board.In a notice to the Nigerian Stock Exchange (NSE), UBA explained that the new appointments are subject...

January 29, 2020 No Responses

NSE Photo News

L – R: Haruna Jalo-Waziri, Managing Director/CEO, Central Securities Clearing System (CSCS) Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Olumide Bolumole, Head, Listings Business Division, NSE; and Tony Ibeziako, H...

January 29, 2020 No Responses

Kano Assembly Approves Ganduje’s N15b Loan Request

Kano State House of Assembly has approved Governor Abdullahi Ganduje’s request for Local Government Councils in the state to access N15 billion loan for funding the state’s free and compulsory education programme.This followed the adoption of the report of...

January 29, 2020 No Responses

Exxon Mobil Secures $332m Mediterranean deal

Egypt has signed two deals with Exxon Mobil Corporation for oil and gas exploration in the Mediterranean, the petroleum ministry has said.The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the....