City BusinessNews Archives — Page 312 of 400

January 26, 2020 No Responses

SEC Nigeria Goes Tough on Illegal Fund Managers

The Securities and Exchange Commission (SEC) has restated it’s determination to go after illegal fund managers and ensure they are made to face the full wrath of the law.Acting Director-General of the SEC, Mary Uduk, who stated this in an...

January 26, 2020 No Responses

NCC Boss: Professionalism Key To Quality Service Delivery

The Nigerian Communications Commission (NCC) is paying special attention to professionalism because of its strategic role in quality service delivery, Executive Vice Chairman, Prof. Umar Danbatta has said. Danbatta spoke on Saturday in Abuja at the investiture...

January 26, 2020 No Responses

Lassa Fever: NCDC Confirms 29 Deaths, 195 Reported Cases In Eleven States

The Nigeria Centre for Disease Control (NCDC) has disclosed that 29 deaths and 195 confirmed cases of Lassa fever had been reported in 11 states of the federation. Dr Chikwe Ihekweazu, Director General, NCDC, who disclosed this in a statement...

January 25, 2020 No Responses

Fidelity Bank Harps On Youth Empowerment, Rewards Customers

To curb crime and unemployment in the country, the Managing Director, Fidelity Bank Plc, Mr Nnamdi Okonkwo has emphasized need for youth empowerment.Speaking in Lagos on Saturday during Fidelity Bank appreciation party themed; ‘Give them Wings’, Okonkwo sa...

January 25, 2020 No Responses

Experts Caution Against Unprescibed Use Of Sex Stimulants

Some experts have cautioned against excessive and sometimes unprescribed use of sex stimulant in view of its health implications.The News Agency of Nigeria (NAN) reports that sex stimulants could be found in orthodox and natural forms, including herbs, foods a...

January 25, 2020 No Responses

MTN Empowers 2,000 Retailers With Special Kiosks

MTN Nigeria is to empower over 2,000 retailers across the country with its “Kiosk as a Service” scheme.The “Kiosk as a Service” is a scheme that empowers retailers with an omnibus stall that enables each retailer to provide MTN’s bouquet...

January 24, 2020 No Responses

FG Raises Committee On Disbursement Of N70b Cabotage Fund

The Minister of Transportation, Mr Rotimi Amaechi on Thursday in Lagos set up a committee to develop guidelines for disbursing $200million (N70 Billion) Cabotage Vessel Financing Fund (CVFF). The Minister explained that the panel, selected from amo...

January 23, 2020 No Responses

SAHCO Secures Ethiopian Airlines Ground Handling Contract

The Skyway Aviation Handling Company (SAHCO) PLC has secured contract to provide ground handling services to Ethiopian Airlines at the Mallam Aminu Kano International Airport, Kano, Nigeria. A statement issued on Wednesday Manager, Corporate Communications, Ua...

January 23, 2020 No Responses

Stallion Motors-Hyundai Rewards Customer

Stallion Motors – Hyundai and LG recently rewarded Mr. Ebun Sofunde San. In a raffle draw promotion, the happy customer took home an LG Dual cool high end AC Unit. Stallion Group Company, Hyundai Motors registered high sales in 2019...

January 22, 2020 No Responses

Toyota Recalls 3.4m Vehicles Worldwide

Citing electronic defect that can result in air bags not deploying in crashes, Toyota Motor Corporation said on Tuesday that it will recall 3.4 million vehicles worldwide The recall, which includes 2.9 million US vehicles, covers 2011-2019 Corolla, 2011-2013 M...

January 20, 2020 No Responses

Abia, Anambra PDP Protest Supreme Court’s Verdict On Ihedioha

The Peoples Democratic Party (PDP) in Abia and Anambra on Sunday marched round the major streets of Umuahia and Awka capital cities to protest against the Supreme Court’s judgment that sacked Chief Emeka Ihedioha as governor of Imo. Ihedioha, who...

January 19, 2020 No Responses

Firm Seals Charter Deal With Maersk, MSC

German shipping major Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC). Under the arrangement, the space charter deal will give Hapag-Lloyd access to selected services of 2...

January 17, 2020 No Responses

“Nigeria Not Ready For Implementation Of Eco Single Currency”

Nigeria is not yet ready for the implementation of the ECOWAS Single Currency (Eco) in 2020,Minister of Foreign Affairs, Geoffrey Onyeama has saidOnyeama, who made this known on Thursday in Abuja while speaking with Journalists, explained that Nigeria’s posi...

January 17, 2020 No Responses

FG, States, LGs Share N716.2b

The Federation Accounts Allocation Committee (FAAC) has shared N716.298 billion to the three tiers of government for the month of December 2019.The Permanent Secretary, Ministry of Finance, Budget and National Planning, Alhaji Isa Dutse disclosed this while ad...