City BusinessNews – Page 313 – City Business News

July 1, 2020 No Responses

Nigeria Confirms 561 New Coronavirus Cases, 17 Deaths

Nigeria has recorded 561 new cases of Coronavirus, bringing the total number of infections in the country to 25,694. The Nigeria Centre for Disease Control (NCDC) made the disclosure on Tuesday through its official Twitter handle. NCDC explained that the...

July 1, 2020 No Responses

FIRS Generates N66b From Stamp Duty In Five Months

Between January and May, this year, the Federal Inland Revenue Service (FIRS) generated the sum of N66 billion from stamp duty. In a statement on Tuesday, Abdullahi Ahmad, the FIRS Director, Communications and Liaison Department explained that the Executive Ch...

July 1, 2020 No Responses

NSE Reviews Pension Index

The Nigerian Stock Exchange (NSE), on Tuesday, announced the review of the eligibility criteria for the NSE Pension Index in line with changes in the regulatory and market requirements. Chairman, Index Governance Committee, Mr Abimbola Babalola, explained...

July 1, 2020 No Responses

LNG Tanker Collides With Car Carrier

A brand new LNG vessel owned by TMS Cardiff Gas has collided with Cido Shipping’s car carrier offshore Belgium’s Oostende. The 174,000-cbm Amberjack LNG and Grand Venus were in a “minor” collision on June 28 some 25 kilometers offshore the...

July 1, 2020 No Responses

FIFA Bans Former Top Official, Kattner, For 10 years

Soccer’s world governing body FIFA has banned Markus Kattner, a former leading official in the Zurich organisation, for 10 years. The sports governing body fined him one million Swiss francs ($1.06 million) after a probe into bonus payments. FIFA said...

July 1, 2020 No Responses

JLR Reveals New Defender Hard Top SUV

Jaguar Land Rover has revealed the 2021 Land Rover Defender Hard Top, ahead of the rugged 4×4 SUV’s launch later this year.A statement explained that Land Rover will revive its Hard Top moniker through the new commercial De...

June 30, 2020 No Responses

Buhari Pledges Speedy Completion Of $2.5b Ajaokuta-Kaduna-Kano Gas Pipeline Project

President Muhammadu Buhari on Tuesday in Abuja affirmed the Nigerian government’s commitment to ensure timely delivery of the landmark Ajakuota-Kaduna-Kano Gas (AKK) gas pipeline project within budgetary allocation and specifications. Speaking at the virtual...

June 30, 2020 No Responses

SAHCO Shareholders Approve N223.34m Dividend For 2019

Shareholders of Skyway Aviation Handling Company PLC (SAHCOL) on Tuesday approved a total dividend of N223.34 million for the financial year ended December 31, 2019, translating to 16.50k per share. The shareholders unanimously gave the approval at the co...

June 30, 2020 No Responses

Fidelity Bank Lauds NNPC, OilServ, Pledges Support For $2.8b AKK Gas Project

Fidelity Bank Plc, Tuesday commended the Nigerian National Petroleum Corporation (NNPC) and Oilserv, contractors to the $2.8bn Ajaokuta – Kaduna – Kano (AKK) Gas Pipeline Project, which was flagged off Tuesday, June 30, 2020, with the ground breaki...

June 30, 2020 No Responses

35,000 Cotton Farmers For 2020 Wet Season Farming In Zamfara

The National Cotton Association of Nigeria (NACOTAN) Zamfara chapter, has said that no fewer than 35,000 cotton farmers will participate in the 2020 wet season farming under the Federal Government’s Anchor Borrowers’ Programme. NACOTAN’s Chairman in Zamf...

June 30, 2020 No Responses

Navy Impounds Vessel In Akwa Ibom, Three Barges In Rivers Over Illegal Bunkering

The Nigerian Navy Ship Jubilee (NNS) has seized a vessel used for oil bunkering and arrested five suspects in Akwa Ibom. The Commander of NNS Jubilee, Commodore Majid Ibrahim, disclosed this during the handing over of the vessel and suspects...

June 30, 2020 No Responses

Gynaecologist: Women Bleaching Skins Prone To Cancer Of kidney, Infertility

Women in the habit of bleaching their skins are prone to the cancer of the kidney and infertility, Prof. Ernest Orji of the Department of Gynaecology, Obafemi Awolowo University Teaching Hospital Complex (OAUTHC), Ile-Ife, has said. According to Orji, e...

June 30, 2020 No Responses

Osinbajo: Synergy Critical In Managing Nigeria’s Border

Renewed efforts will be channeled towards improving synergy among agencies involved in border management, Vice President Yemi Osinbajo has said. Osinbajo’s spokesman, Laolu Akande, in a statement on Monday in Abuja, said the vice president spoke at the virtu...

June 30, 2020 No Responses

Nigeria Confirms 566 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC), on Monday announced 566 new cases of the coronavirus, bringing the total number of infections in the country to 25,133. According to NCDC, Lagos reported the highest number of cases with 166 new cases,...