City BusinessNews – Page 310 – City Business News

July 7, 2020 No Responses

600 Firms Bid For Nigeria’s 57 Marginal Oilfields

Over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in Nigeria, the Department of Petroleum Resources (DPR) has said. Director of DPR, Mr Auwalu Sarki made the disclosure while speaking on Tuesday in a...

July 7, 2020 No Responses

FCTA Threatens To Shut GTBank Over Alleged COVID-19 Protocol Violation

The Federal Capital Territory Administration (FCTA) has threatened to seal some Guarantee Trust Bank branches in Abuja over alleged non-adherence to COVID-19 safety protocols in their operations. Chairman of the FCTA Enforcement Team on COVID-19, Mr Ikharo Att...

July 7, 2020 No Responses

Hassan Bello Harps On Seaports‘ Digitisation

Digitisation will ensure efficiency, competitiveness and reduce corruption at Seaports, Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, has said Speaking in Lagos on Monday during a courtesy visit to the council’s headquarters &nb...

July 7, 2020 No Responses

Nigeria Confirms 575 New Coronavirus Cases

Nigeria’s coronavirus infections on Monday surpassed the 29,000 cases as the Nigeria Centre for Disease Control (NCDC) announced 575 new confirmed cases. The NCDC said on its official twitter handle that the total number of infections from the virus has...

July 7, 2020 No Responses

Sarumi, Dafinone, Others Seek Support For Seafarers’ Welfare

The Chairman, Mission To Seafarers Lagos (MTSL), Chief Adebayo Sarumi on Monday pledged to work toward improving welfare of seafarers in Nigeria. According to him, over 3, 000 ships berth in Lagos yearly, with 80 per cent being foreign flagged,...

July 6, 2020 No Responses

Nigeria Proposes N2.3t To Boost Mining, other sectors

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has proposed N2.3 trillion to boost the mining and other sectors of the economy in post COVID-19 rescue operations. Adegbite said this in an interactive session with Journalists on Federal...

July 6, 2020 No Responses

Yuguda, New SEC Nigeria Boss Resumes, Pledges To Tackle Market Manipulation

The Director General of the Securities and Exchange Commission(SEC) Mr. Lamido Yuguda has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond. Yuguda resumed alongside the Executive Commis...

July 6, 2020 No Responses

FG Grants 60% Debt Relief To Broadcast Stations

The Federal Government has approved 60 percent debt forgiveness for all debtor broadcast stations in the country to cushion the effects of COVID-19 on the industry. The Minister of Information and Culture, Alhaji Lai Mohammed, announced this on Monday in...

July 6, 2020 No Responses

Ganduje: APC ‘Il Win Edo Governorship Election

The National Campaign Council of the All Progressives Congress (APC) has expressed optimism that the party will win the Sept. 19 Edo Governorship election.Gov. Abdullahi Ganduje, the leader of the council said this shortly after the inauguration of the c...

July 6, 2020 No Responses

Access Bank To Reward Over 1,000 DiamondXrra Customers

Access Bank Plc is to reward over 1,000 DiamondXtra customers with various grants and cash prize in the second DiamondXtra quarterly draw of Season 12. The bank’s Group Head, Retail Products and Segments, Adaeze Ume, disclosed this in a statement...

July 6, 2020 No Responses

Market Capitalisation Opens Week With N162b Loss

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day. Specifically, the market capitalisation which opened at N12.695 trillion lost N162 billion to close at N12.533 trillion. Also, the...

July 6, 2020 No Responses

Amnesty Programme Gulps N30m In Katsina

The Katsina State Government said on Monday that it had spent about N30 million on amnesty programme for repentant bandits and cattle rustlers in the state before the programme collapsed. Mr Mustapha Inuwa, the Secretary to the State Government (SSG),...

July 6, 2020 No Responses

Nigeria Reports 544 New Coronavirus Cases

Nigeria has recorded 544 new COVID-19 cases, a development which has taken the country’s total infection tally to 28,711. The Nigeria Centre for Disease Control (NCDC) disclosed this on its official twitter handle on Sunday. NCDC explained that the 544...

July 6, 2020 No Responses

NAVY, NIMASA To Align Maritime Training

Plans are at an advanced stage to harmonise the training procedures of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy as part of measures to improved safety and security of the country’s maritime space. The develo...