Managing Director of Peace Mass Transit (PMT), Dr Maduka Onyishi, returned N2,219,500,000 which was overpaid into his account by the First Bank Nigeria. A cheque bearing the overpaid amount was received on behalf of First Bank by the Business Manager,…

Buhari To Corps Members: Use Your Education To Unite Nigeria
President Muhammadu Buhari on Sunday in Daura, Katsina State, challenged members of the National Youth Service Corps (NYSC) to live up to expectation of the founding fathers by utilising their education and privilege of visiting different parts of the country…

Again, SEC Urges Nigerians to Shun Ponzi Schemes
Nigerians have again been advised to desist from investing their money in various investment schemes that are not registered to carry out fund management functions. This was stated weekend by Ag. Director General of the Securities and Exchange Commission (SEC),…

Sallah: Dakuku Urges Nigerians To Embrace Love, Peace
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians to embrace love and ensure peaceful coexistence among one another as they celebrate Sallah. The NIMASA DG who said that sallah celebration…

Buhari, Ramaphosa To Meet Over Consular, Trade
President Muhammadu Buhari and South African President, Cyril Ramaphosa, will meet in October to discuss issues relating to wellbeing of citizens and ways to further strengthen trade relations between the two largest African economies. In a telephone conversation with the…

Buhari Seeks National Unity As Muslims Celebrate Eid-El-Kabir
President Muhammadu Buhari has said the greatest commitment to Islam is for Muslims to put its good virtues into practice, and by making justice and righteousness the guiding principle of their everyday life.In his Eid el-Kabir Sallah message to Muslims…

Buhari Celebrates Akintola Williams At 100
President Muhammadu Buhari felicitates with renowned chartered accountant, iconic leader and legendary teacher, Chief Akintola Williams, who turns a centenarian, August 9, 2019, congratulating him for many honours and pride brought to Nigeria and Africa. A statement issued by Special…

Presidential Panel Partners FIRS On Recovery Of Tax Revenues
The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) is to partner Federal Inland Revenue Service (FIRS), to recover tax revenues from companies who hitherto have been evading payment. Ms Lucie-Ann Laha, the panel spokesperson in a…

CBN Injects $280.04m, CNY 28.3m Into Retail SMIS
The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04 million from the Central Bank of Nigeria (CBN), which also injected the sum of CNY 28.3 million in the spot and short tenored forwards segment of the…

Ambode Denies Link To N9.9b Bank Account
The immediate past governor of Lagos State, Mr. Akinwunmi Ambode, has denied ownership of any bank account containing N9.9billion.The Economic and Financial Crimes Commission (EFCC) recently disclosed that it had frozen certain accounts linked to some former lagos state personnel.The…

New Samsung Galaxy Note 10 Debuts In Nigeria
By citybusinessnews@yahoo.com — Samsung has unveiled Galaxy Note10, a new line of premium smartphones that combines design with powerful performance. According to the company, the new product is inspired by a generation that flows seamlessly between work and life. It…

FRSC Deploys 956 Personnel, 14 Vehicles For Sallah Patrol In Kano
The Federal Road Safety Corps (FRSC), Kano State Command, has deployed 956 personnel, 14 patrol vehicles, two ambulances and tow trucks to Kano highways so as to ease traffic flow during the Eid-el-Kabir. The FRSC Sector Commander in the state,…

Michelin Hike Tyre Prices
By citybusinessnews@yahoo.com — The management of Michelin on Thursday approved between two and four per cent increase in the prices of Tyre in Africa, India & Middle East region. The announcement will affect tyre prices across the commercial light truck,…

Customs Discovers Another 1.5 Tons Of Cocaine On containership
Following the recent record seizure of cocaine shipment at the Port of Hamburg, local customs officers have discovered a further 1.5 tons of cocaine on board a containership. The cocaine was found during a search of an unnamed boxship, Oliver…