Category: News

Warren Buffett Donates $4.1b To Charity
June 24, 2021 No Responses

Warren Buffett Donates $4.1b To Charity

Billionaire Warren Buffett has donated another $4.1bn (£2.9bn) worth of Berkshire Hathaway shares to charity. Regarded as the world’s most successful investor, the Berkshire Hathaway chairman has given away huge sums of his wealth to charity.  In a statement, he...
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SAHCO Shareholders Okay N223.34m For 2020 Dividend
June 23, 2021 No Responses

SAHCO Shareholders Okay N223.34m For 2020 Dividend

For the 2020 financial year, shareholders of Skyway Aviation Handling Company (SAHCO) Plc, on Tuesday in Lagos unanimously approved N223.34 million dividend,  amounting to 16.5 kobo per share.  Chairman of the company, Dr Taiwo Afolabi...
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NAFDAC Tasks Stakeholders On Drug Abuse Eradication
June 23, 2021 No Responses

NAFDAC Tasks Stakeholders On Drug Abuse Eradication

The National Agency for Food and Drug Administration and Control (NAFDAC) has stressed the need for all stakeholders to work together towards eradicating the menace of drug abuse in the country.  Prof. Moji Adeyeye, NAFDAC Director General, made the ...
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27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend
June 23, 2021 No Responses

27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

The Okitipupa Oil Palm Plc has resolved to pay its shareholders 25k dividends for the year ended December 31, 2020,  27 years after it last paid.  Chairman of the Board of Directors, Chief Mobolaji Osomo,  made the disclosure at the 31st...
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Kano Free Trade Zone To Generate $2b Export Value
June 23, 2021 No Responses

Kano Free Trade Zone To Generate $2b Export Value

The Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, says the Kano Free Trade Zone (FTZ)  will bring in an export value of  two billion dollars by 2027 after concession.  A statement by Amina Othman, Head, BPE Public Communica...
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BoI Disburses N969.6b In Five Years
June 23, 2021 No Responses

BoI Disburses N969.6b In Five Years

The Bank of Industry (BoI) has disbursed loans worth N969.7 billion to borrowers in five years to support various businesses.   BoI Deputy Head, Business Development, Mrs Aderonke Akinluyi, disclosed this at a webinar by the Lagos Chamber of Com...
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UK To Join Asia-Pacific Free Trade Pact
June 22, 2021 No Responses

UK To Join Asia-Pacific Free Trade Pact

Britain is to start negotiations to join a free trade area which could grant businesses access to “some of the biggest economies of the present and future”, the government has said. The Comprehensive and Progressive Agreement for Trans-Pacific Part...
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Diri Meets British Envoy, Seeks UK Investment In Bayelsa
June 22, 2021 No Responses

Diri Meets British Envoy, Seeks UK Investment In Bayelsa

Bayelsa State Governor, Senator Douye Diri, has promised that his administration would provide and guarantee the enabling environment for United Kingdom investments in the state. Governor Diri gave the pledge on Monday when he met with the United Kingdom&#8217...
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NCC Inaugurates Committee On Spectrum Auction For 5G Deployment
June 21, 2021 No Responses

NCC Inaugurates Committee On Spectrum Auction For 5G Deployment

By citybusinessnews@yahoo.com —  Following the Senate investigative hearing which gave the Fifth Generation (5G) technology a clean bill of health, the Nigerian Communications Commission (NCC) has taken a major proactive regulatory step by inaugura...
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Edo Begins Use Of Revenue Scratch Cards
June 21, 2021 No Responses

Edo Begins Use Of Revenue Scratch Cards

By citybusinessnews@yahoo.com —  The Edo State Internal Revenue Service, (EIRS) has introduced the use of Revenue Scratch Cards to simplify tax payment for businesses owners, particularly those in the informal sector.  In a statement, Head...
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JAMB Delists 25 CBT Centres For Poor Performance
June 21, 2021 No Responses

JAMB Delists 25 CBT Centres For Poor Performance

By citybusinessnews@yahoo.com The Joint Admission and Matriculation Board (JAMB) has delisted 25 Computer-Based Exam Centres (CBT) across the country for poor performance at the 2021 Unified Tertiary Matriculation Examination (UTME) held nationwide on Sat...
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Hassan Bello Celebrates Nigerian Shippers‘ Council Staff
June 21, 2021 No Responses

Hassan Bello Celebrates Nigerian Shippers‘ Council Staff

Immediate past Executive Secretary of Nigerian Shippers Council (NSC), Hassan Bello has attributed achievements recorded during his tenure to the dedication of staff  Speaking at a ceremony organied  in his honour in Lagos, Hassan...
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Irregularities, Confusion Greet 2021 UTME
June 20, 2021 No Responses

Irregularities, Confusion Greet 2021 UTME

By  citybusinessnews@yahoo.com — Criticisms have trailed the 2021 Unified Tertiary Matriculation Examination (UTME), which commenced nationwide on Saturday, June 19th, 2021.  Some centers, accredited for the computer-basedexamination con...
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NASS, NEPZA Laud LADOL’s Achievement
June 20, 2021 No Responses

NASS, NEPZA Laud LADOL’s Achievement

By citybusinessnews@yahoo.com  — The Senate Committee on Trade, Industry and Investment and the Nigeria Export Processing Zone Agency, NEPZA have commended LADOL’s achievement in turning a disused swamp into a world class industrial Free Zone over t...
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