Tag: City BusinessNews

Transactions maintained upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains.   Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with...

The Federal High Court in Port Harcourt has convicted three persons accused of involvement in the hijack of an Equatorial Guinean flagged vessel named, MV ELOBEY VI, off Equatorial Guinea’s coast on March 21.   Delivering judgement, Justice Mohammed Sa...

The Independent National Electoral Commission (INEC) has fixed Oct. 31 for the conduct of the 12 pending constituencies by-elections in the country.The commission disclosed this in a statement by Mr Festus Okoye, INEC National Commissioner and Chairman, Inform...

A socio-cultural group in Ondo State, Ekiti-Kete Progressive Union, has declared support for Gov. Oluwarotimi Akeredolu’s re-election in the forthcoming governorship election in the state.   The Chairman of the group, Mr Tajudeen Bello, who led the...

The Court of Appeal in Abuja on Monday reversed the  deregistration of 22 political parties by the Independent National Electoral Commission (INEC). The parties were among the 74 political parties de-registered in Feb.6,  2020 by INEC, for not meetin...

The Federal Government has inaugurated the Nigeria Gas Transportation Network Code to  deepen the growth of gas market in the country. The Minister of State for Petroleum Resources, Chief Timipre Slyva, disclosed this at the Virtual launch of The Go-Live...

The Federal Road Safety Corps (FRSC) has arrested 26 drivers over unlatched containers on their articulated vehicles in Lagos and Ogun, as it begins a Special Operation.   FRSC Zonal Commanding Officer in charge of both states, Mr Imoh Etuk,...

Nigeria’s leading Aviation Ground Handling companies; Aviation Handling Services (AHS),Nigerian Aviation Handling Company Plc (Nahco Aviance) and the Skyway Aviation Handling Company (SAHCO) Plc have been urged to consider price adjustment, instead of pr...

SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality,has rewarded and honoured 46 staff at its annual Long Service Award ceremony. The SIFAX Group Long Service Award...

The Federal Government has commenced the feasibility study for the construction of a shipyard on Brass Island in Bayelsa.  The Minister of State for Petrolem Resources, Chief Timipre Sylva, confirmed the development in a statement posted on the Twitter ac...

The All Progressives Congress on Saturday flagged off its campaign ahead of the Governorship election in Edo state on September 19.  The event took place at the University of Benin’s Sports Complex, Benin-city.  Dignitaries who were present include...

Governor of Lagos State, Babajide Sanwo-Olu on Friday pledged to revitalise the agriculture sector in the state as part of measures to boost food production. Sanwo-Olu made the pledge during the inspection of the Songhai Model of the Agricultural Youth...

For the 2019 financial year, SUNU Assurances Nigeria Plc has announced N1.2 billion profit, compared to N914 million attained in 2018.  Speaking during the virtual 33rd Annual General Meeting of the compan...