Category: News

SEC arraigns BGL officials over alleged capital market scam
September 29, 2017 No Responses

SEC arraigns BGL officials over alleged capital market scam

 The Securities and Exchange Commission (SEC)on  Thursday arraigned  BGL Group and its officials at the Chief Magistrate Court Zone 6, Abuja on charges of  criminal conspiracy, Breach of Trust and cheating contrary to Sections 96, 312, 322 and 323 of the Penal...
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PwC tax academy hosts 200 business executives, reviews LIRS reforms
September 29, 2017 No Responses

PwC tax academy hosts 200 business executives, reviews LIRS reforms

Over 200 business executives including a live online audience within and outside Nigeria are scheduled to attend PwC tax academy scheduled to hold on Friday, September 29, 2017 in Lagos State.   City BusinessNews Online (www.citybusinessnews.com) gathered th...
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WFE implores global securities regulators on information sharing, confidentiality
September 28, 2017 No Responses

WFE implores global securities regulators on information sharing, confidentiality

The World Federation of Exchanges (WFE) on Wednesday responded to the CPMI-IOSCO Framework for Supervisory Stress Testing (“SST”) of Central Counterparties (“CCPs”). ​  According to WFE, the  purpose of the Framework is to guide glo...
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Edo to partner FG on Benin Airport expansion
September 28, 2017 No Responses

Edo to partner FG on Benin Airport expansion

To expand and upgrade the Benin Airport for efficient service delivery and increase passenger traffic, the Federal Airports Authority of Nigeria (FAAN) and the Nigerian Airspace Management Agency (NAMA) have expressed readiness to partner with the Edo State go...
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NPA Photo News
September 28, 2017 No Responses

NPA Photo News

The Managing Director of  the Nigerian Ports Authority (NPA) Hadiza Bala Usman (2nd left), General Manager Finance, Simon Egbo Asinobi, (right),  General manager MD’s office, Capt. Iheanacho  Ebubeogu (2nd right) and the Project Manager of the rehabilitat...
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Ewatto Grammar School Old Student Association (EGOSA) Celebrates 40 Years Anniversary
September 28, 2017 No Responses

Ewatto Grammar School Old Student Association (EGOSA) Celebrates 40 Years Anniversary

Ewatto Grammar School Old Student Association (EGOSA), will on Friday, September 29, 2017 kick of a three-day anniversary celebration to mark the 40 years of the establishment of the secondary school.    The secondary school, which was established in 1977...
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‘FG released N336b capital funds to MDAs in Q1 2017’
September 27, 2017 No Responses

‘FG released N336b capital funds to MDAs in Q1 2017’

The Federal Government has, to date, released N336 billion from the 2017 Budget to Federal Ministries, Departments and Agencies for the funding of capital projects in the first quarter of 2017. The balance of N14 billion is being processed, pending...
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Oando Shareholders Petition National Assembly
September 27, 2017 No Responses

Oando Shareholders Petition National Assembly

Over 100 shareholders of the troubled Oando Plc have written a petition to the National  Assembly alleging corporate governance abuse, mismanagement and gross misconduct.   The petition, addressed to the Chairman, House Committee on Capital Market and Instit...
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NSE elects Ogunbanjo President, declares N22.79b assets
September 26, 2017 No Responses

NSE elects Ogunbanjo President, declares N22.79b assets

Mr. Abimbola Ogunbanjo on Monday emerged President of National Council of the Nigerian Stock Exchange (NSE). He replaced Mr. Aigboje Aig-Imoukhuede who has completed his three-year tenure.   Ogunbanjo was elected at The Exchange’s National Council meeting h...
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Tukur, Ibru, others elect Dossou-Aworet President of African Business Roundtable
September 26, 2017 No Responses

Tukur, Ibru, others elect Dossou-Aworet President of African Business Roundtable

The Executive Board of Directors of African Business Roundtable has elected Founder and Chairman of Petrolin, the Pan African Exploration and Production Oil and Gas Conglomerate, Mr. Samuel Dossou-Aworet as President Africa Business Roundtable (ABR).   Member...
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FG condemns deadly attack on Benin Zoo
September 26, 2017 No Responses

FG condemns deadly attack on Benin Zoo

The Minister of Information and Culture, Alhaji Lai Mohammed, has strongly condemned the attack on Ogba Zoo and Nature Park in Benin, Edo State, on Sunday, during which three policemen were killed and the Head of the Zoo, Dr. Andy Ehanire, was abducted...
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Aruna Quadri empowers players with equipment
September 26, 2017 No Responses

Aruna Quadri empowers players with equipment

To support junior players to fulfill their dream, African Champion, Aruna Quadri has supported local-based players with equipments.  The lucky six players are made up of five male and one female including national junior champion, Azeez Solanke.  According t...
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PwC rallies support for Benue flood victims, donates N2.58m
September 25, 2017 No Responses

PwC rallies support for Benue flood victims, donates N2.58m

By citybusinessnews@yahoo.com   Staff & partners of PwC Nigeria recently donated N2.58m to Sesor Empowerment Foundation for Benue Flood Victims.     Many communities in Benue State were flooded late August following heavy rains, leaving 110,000 people ...
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US announces new travel ban
September 25, 2017 No Responses

US announces new travel ban

The United States has expanded its controversial travel ban to include people from North Korea, Venezuela and Chad. The White House said the restrictions follow a review of information sharing by foreign governments. Donald Trump issued a presidential proclama...
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