City BusinessNews Archives — Page 196 of 370

August 7, 2020 No Responses

NUPENG Directs Tanker Drivers To Suspend Services In Lagos Over Apapa Congestion

The National Leadership of the Nigeria Union of Petroleum and Natural Gas Workers has directed petroleum tanker drivers to withdraw their services from Lagos State effective Aug. 10. NUPENG gave the directive on Friday in a statement signed...

August 7, 2020 No Responses

Buhari To Inaugurate NCDMB’s 17-Storey Headquarters August 13

President Muhammadu Buhari is to inaugurate the 17-storey headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), located at Swali, Yenagoa, in Bayelsa, on August 13. A statement by the board’s management said on Friday in Abuja...

August 7, 2020 No Responses

Ekiti Introduces Tax Relief, Incentives For Businesses

The Ekiti State Government has introduced tax relief and incentives for taxpayers and businesses as part of its ongoing efforts to cushion the negative effects of the COVID-19 pandemic. Mr Olumuyiwa Ogunmilade, the Chairman of Ekiti Internal Revenu...

August 7, 2020 No Responses

Yobe, Firm Seals N2.6b Nguru Modern Market Contract

The Yobe State Government and ADAF BML, have signed a contract worth N2.6 billion for the construction of Nguru Modern Market. The state Commissioner, Commerce, Tourism and Industry, Alhaji Barma Shetima, made the disclosure in an interview with the News...

August 7, 2020 No Responses

INEC Threatens To Halt Edo, Ondo Polls

The Independent National Electoral Commission (INEC) on Thursday threatened to suspend the Edo and Ondo governorship elections if the reported political crisis lead to breakdown of law and order. Mr Festus Okoye, INEC National Commissioner and Chairman, I...

August 7, 2020 No Responses

APC Appoints Ita Udosen Acting Chairman In Akwa Ibom

The All Progressives Congress (APC), has appointed Dr Ita Udosen, as the acting state chairman following the passage of the state chairman, Mr Ini Okopido, on Aug. 5. In a statement issued on Thursday by the State Publicity Secretary of...

August 7, 2020 No Responses

Beirut Explosion: CMA CGM Staff Missing, Several Injured

French container shipping company, CMA CGM, which has deep roots in Lebanon, has launched an emergency plan to conduct a thorough health and safety assessment of its 261 staff members based in Beirut, following the deadly explosion that wreaked havoc...

August 7, 2020 No Responses

FirstMonie Network Records N6tri Transactions

First Bank of Nigeria Ltd processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr Adesola Adeduntan, FirstBank Chief Executive Officer, disclosed this on Thursday, at the bank’s FinTech Summit 4.0 webinar in Lagos....

August 6, 2020 No Responses

Capital market Stakeholders Seek Alternative Funding For Infrastructure Development

Worried by budgetary pressure and reduction in the level of public funds, stakeholders in the capital market are calling for alternative sources of financing to support infrastructure development They spoke on Thursday at a webinar session targeted...

August 6, 2020 No Responses

Seplat Tops Gainers’ Chart As Market Capitalisation Hit N13trillion

The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday advanced by N26 billion to hit N13 trillion mark. Speficially, the market capitalisation closed higher at N13.005 trillion compared with N12.979 trillion recorded on Wednesday...

August 6, 2020 No Responses

Shippers’ Council Donates Equipment, Relief Materials To Orphanage, Hospital In Jos

The Nigerian Shippers’ Council (NSC) has donated hospital equipment and relief materials to Health Centre and an Orphanage in Jos, Plateau State. The Executive Secretary of the Council, Hassan Bello, while presenting the items in Jos on Thursday, explained...

August 6, 2020 No Responses

Army Impounds 342,000 Litres Of AGO In South-South

The Defence Headquarters on Thursday said troops of Operation Delta Safe, discovered and deactivated 25 illegal refineries and impounded 342,000 litres of illegally refined AGO in the South-South in the last two weeks. The Coordinator, Defence Media Operati...

August 6, 2020 No Responses

Osun Unveils N100m Post COVID-19 Economic Intervention Programme

Governor of Osun State, Gboyega Oyetola of Osun on Thursday launched the N100 million Post COVID-19 Economic Intervention Pilot Programme to mitigate the effects of the raging Coronavirus pandemic on the people of the state. Oyetola said at the...

August 6, 2020 No Responses

Potato Prices Crash In Kano

Prices of potatoes have dropped in Kano metropolis amid low patronage of the produce., the reports. A check by the News Agency of Nigeria (NAN) at Yankura, Sabon Gari market on Thursday showed that prices of potatoes and other...