Category: News

FG revokes residence permit of expatriate staff of six firms
November 16, 2017 No Responses

FG revokes residence permit of expatriate staff of six firms

The Federal Government, through the Nigeria Immigration Service (NIS), has revoked the residence permit of expatriate staff of six companies operating in the country.  The Comptroller-General of the NIS, Mr Muhammad Babandede, announced this in Abuja on Wednesdayin a statement issued...
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Shareholders to Tinubu: You must resign to save Oando from further trouble
November 16, 2017 No Responses

Shareholders to Tinubu: You must resign to save Oando from further trouble

The crisis rocking Oando Plc assumed another dimension on Wednesday as a group of shareholders called on the embattled company’s management team led by its Group Chief Executive, Wale Tinubu to resign.  President of the Trusted Shareholders’ Association...
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Labour seeks panel on new national minimum wage
November 15, 2017 No Responses

Labour seeks panel on new national minimum wage

By citybusinessnews@yahoo.com –        The Association of Senior Civil Servant of Nigeria (ASCSN) has advised the Federal Government to constitute a panel to negotiate new national minimum wage.   In an address delivered on Tuesday in Enugu b...
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Diamond Bank customer wins car in western union promo
November 15, 2017 No Responses

Diamond Bank customer wins car in western union promo

Diamond Bank customer, Mr Patrick Anyatonwu  has emerged star prize winner of the just concluded ‘Western Union Back to School Promo” held at Diamond bank Awolowo road, Ikoyi branch, Lagos State.    He was rewarded with a brand new Hyundai Accent salo...
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Gwarzo, SEC boss decries drop in e-dividend registrations, insists on December deadline
November 14, 2017 No Responses

Gwarzo, SEC boss decries drop in e-dividend registrations, insists on December deadline

By citybusinessnews@yahoo.com –   The Director General, Securities and Exchange Commission (SEC), Mounir Gwarzo on Monday in Lagos decried low investors enrollment to the e-dividend payment platform in the last three months.   Speaking at the post Capi...
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Ufitfly in Jerusalem, begins fresh edition December 20
November 14, 2017 No Responses

Ufitfly in Jerusalem, begins fresh edition December 20

The November edition of the Jerusalem Pilgrimage packaged by Ufitfly came to an end in Israel with the participants receiving their Justice of the Peace (JP) certificates.   The 9-days pilgrimage which saw the pilgrims depart the shores of Nigeria...
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Female business owners to hold 2017 annual seminar, trade fair in Lagos
November 14, 2017 No Responses

Female business owners to hold 2017 annual seminar, trade fair in Lagos

The Network of Enterprising Women (NEWN), a network of 200 female business owners in Nigeria and the Diaspora, is to  hold its 2017 annual seminar and trade fair tagged ‘Partnering and Collaborating for Business Excellence’ on November 23, 2017 at...
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Lagos to shut headquarters of banks, others November 20
November 13, 2017 No Responses

Lagos to shut headquarters of banks, others November 20

The Lagos State Government on Sunday said it would begin to shut the corporate headquarters of organisations that had defaulted in remitting statutory taxes to the government from November 20, 2017.  The Commissioner for Finance, Mr Akinyemi Ashade, who made....
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Osinbajo: N200b Benin industrial park will create 170,000 jobs
November 12, 2017 No Responses

Osinbajo: N200b Benin industrial park will create 170,000 jobs

The Vice President, Professor Yemi Osinbajo on Saturday, performed the groundbreaking ceremony of the N200 billion Benin Industrial Park at Iyanomo in Ikpoba Okha Local Government Area of Edo State.  Speaking at the event, Prof. Osinbajo said the industrial...
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NPA boss at lagos trade fair, harps on capacity building, efficient port system
November 11, 2017 No Responses

NPA boss at lagos trade fair, harps on capacity building, efficient port system

By  citybusinessnews@yahoo.com    The Managing Director of  Nigerian Ports Authority (NPA), Hadiza Bala Usman has pledged to invest more resources in capacity building as part of measures to attain an efficient port system.   Bala Usman made the remark a...
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At Alaghodaro summit, Omoigui-Okauru, Akpata, Ihonvbere, others tackle institutional barriers to investments
November 11, 2017 No Responses

At Alaghodaro summit, Omoigui-Okauru, Akpata, Ihonvbere, others tackle institutional barriers to investments

As the Alaghodaro Investment Summit got underway on Friday in Benin City, the Edo State capital, investment experts and heads of federal government regulatory agencies proffered solutions to the bureaucratic bottlenecks in government that are hindering the gro...
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Labour to National Assembly: Don’t scrap housing loans board
November 10, 2017 No Responses

Labour to National Assembly: Don’t scrap housing loans board

Organised labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has cautioned the National Assembly over alleged plan to scrap the Federal Government Staff Housing Loans Board (FGSHLB).  In a press statement issued in Lagos on...
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SIFAX Group boss shares business tips with Next Titan contestants
November 10, 2017 No Responses

SIFAX Group boss shares business tips with Next Titan contestants

To succeed in the daunting path of entrepreneurship, vision, unique business ideas, persistence, self confidence, creativity and hard work have been identified as some of the essential ingredients that must be paid close attention to.  This was disclosed by D...
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‘IOSCO report on implementation of G20 recommendations to strengthen securities markets’
November 9, 2017 No Responses

‘IOSCO report on implementation of G20 recommendations to strengthen securities markets’

The Board of the International Organization of Securities Commissions (IOSCO) today published a report on the implementation of the G20/FSB post-crisis recommendations aimed at strengthening securities markets.  The Implementation Report: G20/FSB Recommendati...
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