City BusinessNews – Page 312 – City Business News

September 15, 2020 No Responses

Union Bank Staff In Court Over Alleged Theft Of N25m From Customers Accounts

A 32-year-old banker with Union Bank Plc, Benjamin Musa, on Tuesday appeared in a Wuse Zone 6 Chief Magistrates’ Court, Abuja, over alleged theft of N25 million. Musa, whose residential address was not given, is charged with three counts...

September 15, 2020 No Responses

Housewife Seeks Divorce Over Husband’s Gambling Addiction

A trader, Fisayo Akibu, on Tuesday approached a Customary Court sitting in Mapo, Ibadan, seeking dissolution of her 19-year-old marriage to husband, Abiodun over his addiction to gambling Testifying, the mother of four, said:”my husband puts all his ea...

September 15, 2020 No Responses

OPay Partners WorldRemit On International Money Transfer

Opay, A Nigerian financial service technology company, has partnered WorldRemit, a global digital payment platform, on direct transfer of money into its mobile wallets in the country. In a statement on Tuesday, Opay’s Director of Remittance Service, Mr...

September 15, 2020 No Responses

438 Coronavirus Active Cases In Lagos Yet To Turn Up For Treatment

The Lagos State Commissioner for Health, Prof. Akin Abayomi, has disclosed that 438 active cases of COVID-19 in Lagos communities were yet to turn up for treatment in the state’s COVID-19 care centres. Abayomi made the disclosure through his...

September 15, 2020 No Responses

Nigeria Secures Sea Time For 400 Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) has secured more sea time berths for 400 cadets in spite of limitations caused by COVID-19 pandemic. In a statement on Monday, the Director-General of NIMASA, Dr Bashir Jamoh explained that the...

September 15, 2020 No Responses

Chevron Invests N4.3b To Boost Agriculture

Chevron Nigeria Limited invested N4.3 billion through its Partnership Initiatives in the Niger Delta (PIND) to boost agriculture in the oil rich region in 2019. Chevron in its 2019 Corporate Responsibility Report obtained by the News Agency of Nigeria (N...

September 10, 2020 No Responses

Continental Reinsurance Acquires Botswana Subsidiary

Continental Reinsurance Plc on Thursday announced a change in the ownership structure of Continental Reinsurance Ltd Botswana. After its recent acquisition of a minority 40% stake in the company, through its holding company, CRAFIL, from Botswana Insu...

September 10, 2020 No Responses

Buhari Congratulates Adeduntan, First Bank MD On Forbes Best Of Africa Award

President Muhammadu Buhari has rejoiced with Dr Adesola Adeduntan, Managing Director, First Bank Nigeria Limited, as he receives Forbes Best of Africa Award, on September 11 in New York, United States of America. The president’s congratulatory message was co...

September 10, 2020 No Responses

Ondo: Jegede Unfolds Mass Employment Agenda

The Ondo State Peoples Democratic Party (PDP) Candidate for the October 10 Governorship election, Mr Eyitayo Jegede, on Thursday unfolded his agenda with a promise to partner investors on compulsory mass employment for residents in the state if elected.Jegede...

September 10, 2020 No Responses

Customs Intercepts Passenger With 2,886 ATM Cards

The Nigerian Customs Service (NCS), Murtala Muhammed International Airport (MMIA) Command on Thursday handed over a suspect with 2,886 Automated Teller Machine (ATM) cards to the Economic and Financial Crimes Commission (EFCC). The Deputy Controller, MMIA comm...

September 10, 2020 No Responses

Kano Approves N3.2b For Rehabilitation, Construction Of Classrooms

Kano State Government has earmarked N3. 2 billion for schools rehabilitation and construction of classrooms to ensure compliance with COVID-19 protocols when the schools resume. Kano State Universal Basic Education Board (SUBEB) Executive Secretary, Dr Danl...

September 9, 2020 No Responses

FBNQuest Funds Invests N20b In 70 firms

FBNQuest Funds, the merchant banking and asset management arm of FBN Holdings Plc has invested over N20 billion in private equity since 2003. The company’s Vice President, Alternative Investments, Mr Christian Ekpo, disclosed this on Wednesday at a virtual F...

September 9, 2020 No Responses

Marriage Crashes Over Missing Underwear

A Mapo Customary Court in Ibadan on Wednesday dissolved a marraige involving a trader, Sadia Abass, and her husband, Azeez, over a missing underwear. Sadia had petitioned the Court to dissolve her marriage over allegations that he had stolen her...

September 5, 2020 No Responses

NCC Remits N362.34b Into Consolidate Revenue Fund

From 2015 to date, the Nigerian Communications Commission (NCC), remitted N362.34 billion into the Federal Government Consolidate Revenue Fund, Prof. Umar Danbatta, Executive Vice Chairman of NCC, has said.Danbatta, who spoke at an interactive session on Frida...