News Archives — City Business News

May 29, 2023 No Responses

Tinubu’s Inauguration Takes Centre Stage

President-Elect, Bola Ahmed Tinubu will be sworn in as Nigeria’s president on Monday, May 29, 2023. Tinubu is expected to quickly improve economic and security conditions, which many alleged worsened under his predecessor Muhammadu Buhari. Tinubu, 71, won February’s election...

May 28, 2023 No Responses

BUHARI’s FAREWELL SPEECH

My fellow Nigerian brothers, sisters and friends of Nigeria… I address you today, in my last assignment as a democratically elected President of our great and well-endowed nation, with a deep sense of gratitude to God, a great deal of...

May 28, 2023 No Responses

Wesley Girls To Represent Nigeria At Stockholm Junior Water Prize Competition

The Wesley Girls Senior Secondary School, Yaba, which falls under Education District IV of Lagos State, will be representing Nigeria at the 2023 Stockholm Junior Water Prize (SJWP) competition in Sweden.The competition brings together the world’s brighte...

May 28, 2023 No Responses

Otedola‘s Tribute To Otunba Subomi Balogun

Otunba Michael Olasubomi Balogun (CON) was a father figure to me, based on his longstanding friendship with my late dad, Sir Michael Otedola, and also his supportive disposition to entrepreneurs who are sincere and committed.At the height of the global finan...

May 28, 2023 No Responses

Niger Delta Science School Wins 2023 NLNG Science Quiz Competition

The annual Nigeria LNG Limited (NLNG)-sponsored science quiz competition in Rivers State ended on Saturday, 27th May 2023 with Niger Delta Science School, Rumuola, Port Harcourt emerging as the winner in the senior secondary school S.S. 2 category. ...

May 28, 2023 No Responses

Brazil, Costa Rica Join International Transport Forum

Brazil and Costa Rica have joined the International Transport Forum (ITF) as the organisation’s 65th and 66th member countries. The ITF’s highest statutory body, the Council of Ministers of Transport, voted to admit both Latin American nations on...

May 28, 2023 No Responses

Kaduna, SAA FLAG OFF N100M FARM INPUTS DISTRIBUTION

The Kano State Agropastoral Project (KSADP) and Sasakawa Africa Association (SAA) on Saturday commenced the distribution of farm inputs to farmers across the 44 Local Governments Areas of the state as part of efforts to increase yield per ha, create...

May 26, 2023 No Responses

Army Lauds NDDC, Pledges To Sustain Peace In Niger Delta

The Commanding Officer 29 Battalion, Nigerian Army, Port Harcourt, Lt. Colonel Aliyu Manga, has commended the Niger Delta Development Commission, NDDC, for co-operating with security agencies working in the Niger Delta region to ensure peace. Speaking during...

May 26, 2023 No Responses

Shipowners Implore UN Member State On Ambitious Course For 2050

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted detailed proposal for the next round of IMO negotiations set for July this year with the aim of increasing decarbonization tar...

May 26, 2023 No Responses

2023 Hajj: Air Peace Begins Airlift Of Nigerian Pilgrims

Air Peace has commenced the airlift of Nigerian pilgrims for the 2023 Hajj, a statement issued by the airline has revealed. The statement made available to City Business News on Friday explained that the airline will be airlifting the pilgrims...

May 25, 2023 No Responses

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022. This in addition to the N9 paid as interim dividend amounts to a total of...

May 24, 2023 No Responses

Akwa Ibom Distributes 600,000 Cocoa Seedlings To Farmers

The Akwa Ibom State Government has commenced the distribution of 600,000 cocoa seedlings to farmers for this year’s planting season. The Commissioner for Agriculture, Dr. Offiong Offor, who performed the distribution of the seedlings to farmers in Ini Local ...

May 24, 2023 No Responses

Anambra Declares 33 Per Cent Increase In IGR

THE Anambra Internal Revenue Service (AIRS) has declared increase in the state’s monthly internally generated revenue (IGR) from an average of N1.5 billion to N2 billion. Speaking during an interactive session with Journalists on Tuesday in Awka, the Chairma...

May 23, 2023 No Responses

Tony Blair Visits Tinubu

Former United Kingdom Prime Minister, Tony Blair, on Tuesday, visited President-elect, Bola Tinubu. The president-elect, Asiwaju Bola Tinubu who disclosed this on his Twitter page on Tuesday said “I received former British Prime Minister and foun...