City BusinessNews Archives — Page 275 of 369

February 17, 2020 No Responses

CBN Seeks Land For Nestle, WAMCO, L&Z To Build Dairy Factories In FCT

The Central Bank of Nigeria (CBN) has appealed to Federal Capital Territory Administration to allocate land to some companies to build dairy factories, in furtherance of its policy to develop the nation’s economy.The CBN Governor, Mr Godwin Emefiele, made the...

February 17, 2020 No Responses

3,000 Undergraduates Benefit From Fidelity Youth Empowerment Programme

Fidelity Bank Plc, has trained over 3,000 undergraduates from various tertiary institution on skills acquisition through its youth empowerment programme.Nnamdi Okonkwo, the bank’s CEO made this disclosure during the closing ceremony of the Fidelity Youth Emp...

February 17, 2020 No Responses

NSE Records N96b loss

Transactions on the floor of Nigeria Stock Exchange (NSE) opened the week on Monday still on a negative mood as sell-off in high capitalised stocks dragged the All-Share Index (ASI) further down by 0.67 per cent.Specifically, the All-Share Index dipped...

February 17, 2020 No Responses

Rice Farmers In Kano Seek More Earth Dams

The Rice Farmers Association of Nigeria (RIFAN) Kano State chapter, has called on Governor Abdullahi Ganduje to construct more earth dams to boost irrigation activities across the 44 Local Government Areas of the state.The Secretary, Alhaji Ado Hassan, m...

February 17, 2020 No Responses

Oyo To Revoke Four Road Contracts

The Oyo State Government is to terminate four road contracts for failing to meet up with the performance specifications and schedule.Prof. Raphael Afonja, the State Commissioner for Public Works and Transports, made this known in Ibadan on Monday.The News Agen...

February 17, 2020 No Responses

Kia Reveals Next-Generation Sorento

Ahead of its first public appearance at the 2020 Geneva International Motor Show, Kia Motors Corporation on Monday revealed the first official images of the new Kia Sorento .The concept of ‘refined boldness’ inspired Kia’s designers, who sought to ...

February 17, 2020 No Responses

NNPC, Shell, Total, Others Disburse $360m For Ogoni Clean-Up

The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners of Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC), have disbursed $360million towards the Og...

February 17, 2020 No Responses

Sanwo-Olu, Amaechi, Others To Discuss Nigeria’s Future At 3rd Freedom Online Lecture

Governor Babajide Sanwo-Olu of Lagos State will, on Tuesday, February 25, lead other speakers to discuss the future of Nigeria at the third annual lecture of Freedom Online in Lagos. A statement by the Managing Director/Editor-in-Chief of the online newspaper,...

February 16, 2020 No Responses

Ikeja Electric Targets N170b Revenue In 2020

Ikeja Electric (IE) has projected total revenue of N170 billion in 2020 with the implementation of the increment in various classes of electricity tariff. The company is to create a new tariff class called Bilateral for customers and had signed...

February 14, 2020 No Responses

APM Terminals Seeks Construction Permit

APM Terminals Poti, part of Dutch terminal operator APM Terminals, has re-initiated the process of obtaining the necessary permits to build a new deep-water multipurpose port in Poti.On February 11, 2020, APM Terminals submitted an application to the Technical...

February 14, 2020 No Responses

Police Impose Curfew In Bayelsa

The Bayelsa Police Command has imposed a dusk-to-dawn curfew over violent protests by alleged political supporters in the state.The Commissioner of Police, Usher Anozie, while briefing Journalists on Friday in Yenagoa, said the curfew was from 8pm to 6am...

February 14, 2020 No Responses

NNPC Recruits 1,050 Graduate Trainees

The Nigerian National Petroleum Corporation (NNPC) has announced the recruitment of 1,050 Graduate Trainees, signaling the successful completion of its 2019/2020 employment exercise.A statement from the corporation’s Acting Group General Manager, Group Publi...

February 14, 2020 No Responses

Photo News

Representatives of Ports & Cargo Handling Services Limited, subsidiary of SIFAX Group, Infrastructure Concession and Regulatory Commission and the Nigerian Ports Authority during the 2020 Compliance and Performance Monitoring of Public Private Partnership ...

February 13, 2020 No Responses

INEC, APC, PDP React To Supreme Court Ruling On Bayelsa

The Independent National Electoral Commission (INEC) will effect the Supreme Court ruling on Bayelsa governorship election once it is served with the certified true copy of the judgment.INEC National Commissioner and Chairman, Information and Voter Educa...