Category: News

<strong>Manufacturers Seek End To forex, Energy Crisis </strong>
November 4, 2022 No Responses

Manufacturers Seek End To forex, Energy Crisis 

The Manufacturers Association of Nigeria (MAN), on Thursday, tasked the Federal Government and monetary authorities to address the foreign exchange and energy crises responsible for the unfavorable movements in manufacturing indicators.  Mr Segun Ajayi-Kadir, Director-General, MAN, made the call at...
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Sterling Bank Reaffirms Commitment To Agriculture
November 4, 2022 No Responses

Sterling Bank Reaffirms Commitment To Agriculture

Chief Executive Officer (CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman has said the bank is ready and willing to invest more in Nigeria’s agricultural sector, having invested more than N100 billion; a figure that represents about 15 percent of...
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Lagos Seeks Integrated Approach To Transportation Planning In Africa
November 3, 2022 No Responses

Lagos Seeks Integrated Approach To Transportation Planning In Africa

Lagos State Government has advocated a comprehensive, sophisticated and more integrated approach to transport planning in Africa, to achieve an efficient, equitable and environmentally sensitive system.  The state’s Commissioner for Transportation, Dr Frede...
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World`s Ten Most Indebted Countries
November 2, 2022 No Responses

World`s Ten Most Indebted Countries

Covid-19 has pushed many states’ debts above annual income, causing the global government debt to reach new record highs.   According to the S&P Global Ratings report, the combined debt of all governments worldwide is expected to climb by 9.5% ...
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Reps Panel Accuses Oil Firms Of Tax Evasion
November 1, 2022 No Responses

Reps Panel Accuses Oil Firms Of Tax Evasion

The House of Representatives ad hoc committee investigating the structure and accountability of the Joint Venture (JV) businesses and production sharing contracts (PSCS) of the Nigerian Petroleum Corporation (NNPC) has accused oil companies of tax evasion.&nbs...
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LIRS Boss Lauds Tinubu, Sanwo-Olu, Staff
November 1, 2022 No Responses

LIRS Boss Lauds Tinubu, Sanwo-Olu, Staff

The executive chairman of the Lagos State Internal Revenue Service, LIRS, Mr Ayodele Subair has attributed the success of the unprecedented tax revolution being witnessed in the state, where about 70 per cent of its income is internally generated, to...
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Onyema Bags GCU 2022 Man Of The Year Award
November 1, 2022 No Responses

Onyema Bags GCU 2022 Man Of The Year Award

Chairman of Air Peace, Barrister Allen Onyema, has been conferred with the Man of the Year Award 2022 by the alumni association, Government College of Ughelli, GCU, Class of Friends.  The award ceremony,  held at the Federal Palace Hotel, Lagos, had...
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Edo Sacks Commissioner For Roads, Bridges
November 1, 2022 No Responses

Edo Sacks Commissioner For Roads, Bridges

The Edo State Government has announced the removal of the Commissioner for Roads and Bridges, Engr. Newton Okojie. In a statement sent to City Business News, the Commissioner for Communication and Orientation, Mr. Chris Osa Nehikhare, said “The Hon. commissi...
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Ebola: Nigeria Issues Public Health Advisory 
November 1, 2022 No Responses

Ebola: Nigeria Issues Public Health Advisory 

The Nigeria Centre for Disease Control and Prevention (NCDC) has issued a  public health advisory following the declaration of an Ebola virus disease outbreak in Uganda.  The advisory is contained in a  statement issued by t...
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Ganduje Inaugurates 100 Buses, 50 Taxis In Kano
October 31, 2022 No Responses

Ganduje Inaugurates 100 Buses, 50 Taxis In Kano

Kano State Governor, Abdullahi Ganduje has inaugurated 100 ultra-modern buses and 50 taxis to enhance transportation in the state.  Performing the inauguration at Sabon-Gari Stadium, Kano on Sunday, Ganduje said it was in line with his administration’s ...
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My Gratuity Not Enough To Pay Ransom, Wife Of Kidnapped UI Don Pleads
October 31, 2022 No Responses

My Gratuity Not Enough To Pay Ransom, Wife Of Kidnapped UI Don Pleads

Dr Adebola Agbaje, wife of Prof. Adigun Agbaje, the kidnapped University of Ibadan (UI) don, has pleaded for the release of her husband, saying her expected gratuity was not enough to pay the N50 million ransom demanded.  In an exclusive...
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BPE Explains Inability To Pay N1.8b Severance Benefits To SAHCOL Ex-workers
October 31, 2022 No Responses

BPE Explains Inability To Pay N1.8b Severance Benefits To SAHCOL Ex-workers

The Bureau of Public Enterprises (BPE) says the compulsory contribution to the Treasury Single Account (TSA) is preventing it from paying N1.8 billion severance packages to the ex-staff of the Skypower Aviation Handling Company Limited (SAHCOL) since 2018.&nbs...
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NPA beats Navy to win 2022 Maritime Cup
October 28, 2022 No Responses

NPA beats Navy to win 2022 Maritime Cup

The Nigerian Ports Authority (NPA) football team on Friday defeated its Navy counterparts by a lone goal to emerge winner of the 2022 edition of the Ships & Ports Maritime Cup Competition. This is the second time the NPA team...
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Conoil Shareholders Get N1.7b Dividend For 2021  
October 28, 2022 No Responses

Conoil Shareholders Get N1.7b Dividend For 2021  

Shareholders of Conoil Plc, at the weekend, unanimously approved the proposed final dividend payout of N1.734 billion, which translates to N2.50 per share, for the 2021 financial year.   The dividend payment ratified at the company’s 52nd Annual General...
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