City BusinessNews – Page 309 – City Business News

July 8, 2020 No Responses

Federal Character Commission Audits MDAs Nominal Rolls

The Federal Character Commission (FCC) is to commence auditing of the nominal rolls of federal Ministries, Department and Agencies (MDAs). Speaking on Wednesday in Abuja, the New Executive Chairman of the Commission, Dr Muheeba Dankaka, explained that the aim was to...

July 8, 2020 No Responses

Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest. Specifically, the All-Share Index rose by 180.59 points or 0.75 per cent to close at 24,278.07 compared...

July 8, 2020 No Responses

Ex-NNPC Boss: I Received $9.8m As Gift After I Left Office

Former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, on Wednesday, told the Federal High Court, Abuja, that substantial part of the money found at his Kaduna residence by Economic and Financial Crime Commission (...

July 8, 2020 No Responses

Dana Air Resumes Operations

Following the recent re-opening of the airports by the Federal Government, Dana Air has announced the resumption of its flight services on July 9, 2020 The airline will operate three daily flights from Lagos to Abuja and back while the date...

July 8, 2020 No Responses

Lagos Receives 16 Vehicles From Shell

The Lagos State Government on Wednesday received 16 security operations vehicles from Shell Nigeria Exploration and Production Company Ltd (SNEPCo) toward enhancing security in the state. Speaking during the handover ceremony at the Lagos House, Marina, Lagos ...

July 8, 2020 No Responses

Photo News

L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala-Usman (middle), Executive Secretary, Nigerian Shippers Council, Barr. Hassan Bello, during the M...

July 8, 2020 No Responses

Ecobank Nigeria Extends Agric Loan To 70,000 Farmers

Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during this planting season. This is one of the bank’s initiatives to ...

July 8, 2020 No Responses

Nigeria To Review Size Of Embassies

The Federal Government is to review the operations of some of its embassies abroad as well the Technical Aid Corps (TAC) scheme. Minister of Foreign Affairs, Geoffery Onyeama, disclosed this when he featured as the special guest on News Agency...

July 8, 2020 No Responses

Ekiti, CBN To Empower 1,000 Cassava Farmers

The Ekiti Government in partnership with the Central Bank of Nigeria (CBN) is to empower no fewer than 1,000 cassava farmers as part of measures to ensure increased cultivation of the commodity in the state. Speaking on Tuesday at the...

July 8, 2020 No Responses

Nigeria Reports 503 New Coronavirus Cases, 15 Deaths

Nigeria has recorded 503 new COVID-19 cases, as total infections from the virus rise to 29,879. The Nigeria Centre for Disease Control (NCDC) through its twitter handle on Tuesday explained that as at July 7, a total of 503 new...

July 8, 2020 No Responses

FG, NEXIM Bank, Sealink Seal Water Transportation MoU

The Federal Government on Tuesday in Abuja, signed a Memorandum of Understanding (MoU) with NEXIM Bank and Sealink Company to facilitate water transportation in the country. The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, who signed the MO...

July 8, 2020 No Responses

Nissan Secures $7.8b From Creditors

Nissan Motor has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales due to the coronavirus pandemic, its latest annual securities report shows.In a filing to Japanese...

July 7, 2020 No Responses

CEOs Of Maritime Agencies Converge At NSC, Reiterate Synergy, Efficiency

The Chief Executive Officers (CEOs) of maritime agencies in Nigeria on Tuesday converge at the headquarters of Nigerian Shippers Council (NSC) to brainstorm on various modalities and areas of collaborations. The meeting had in attendance Executive Secret...

July 7, 2020 No Responses

FRSC Arrests 236 Traffic Offenders In Seven Days

The Federal Road Safety Corps (FRSC) in Rivers has arrested a total of 236 traffic offenders within one week. The state Sector Commander, Corps Commandant Salisu Galadunci disclosed this to the News Agency of Nigeria (NAN) on Tuesday in Port...