Tag: City BusinessNews

Court Reaffirms INEC’s Power To Deregister Political Parties
June 5, 2020 No Responses

Court Reaffirms INEC’s Power To Deregister Political Parties

The Federal High Court Abuja on Friday  reaffirmed the powers of the Independent National Electoral Commission (INEC) to deregister political parties. Justice Taiwo Taiwo, delivering judgment in a suit filed by Hope Democratic Party (HDP) against INEC, reaffirmed that the...
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UBA Rewards 100 More Customers With N100,000 Each
June 5, 2020 No Responses

UBA Rewards 100 More Customers With N100,000 Each

United Bank for Africa (UBA) Plc has rewarded another set of 100 loyal customers with a total of N10m in the UBA Bumper account draw. A statement sent to City Business News (www.citybusinessnews.com) on Friday explained that the 100 customers...
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Again, Messi Misses Training
June 5, 2020 No Responses

Again, Messi Misses Training

FC Barcelona captain Lionel Messi sat out Friday’s training session as he has a small thigh strain, the Spanish league champions have said. Barca returned to full training on Monday for the first time in three months ahead of the...
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Niger Inaugurates 2020 Farming Season, Subsidizes Inputs
June 5, 2020 No Responses

Niger Inaugurates 2020 Farming Season, Subsidizes Inputs

The Niger State government on Thursday inaugurated the 2020 farming season and announced subsidies for essential farming inputs to farmers in the state. At the event, Gov. Abubakar Bello explained that the administration would provide fertilizers to farmers fo...
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Nigeria Records 350 New Cases Of Coronavirus
June 5, 2020 No Responses

Nigeria Records 350 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NAN) announced on Thursday that it recorded 350 new confirmed cases of COVID-19, bringing the total number in the country to 11,516. NCDC stated that the new cases were reported from 20 States: Lagos (102),...
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PPPRA Removes Price Cap On Petrol
June 5, 2020 No Responses

PPPRA Removes Price Cap On Petrol

The Petroleum Products Pricing Regulatory Agency (PPPRA) has removed the cap on the price of Premium Motor Spirit (PMS) also known as petrol. The agency made the disclosure in a document it released in Abuja on Thursday entitled, ‘’Market Based...
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NNPC To Deepen Business Portfolios In Power, Medical
June 5, 2020 No Responses

NNPC To Deepen Business Portfolios In Power, Medical

The Nigerian National Petroleum Corporation (NNPC) is firming up business portfolios in the power, medical, housing and other sectors that would strengthen the profitability of the state owned oil company. The corporation said in a statement on Thursday that t...
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Ekiti, Ondo To Give Olumilua Befitting Burial
June 5, 2020 No Responses

Ekiti, Ondo To Give Olumilua Befitting Burial

Ekiti State Governor, Dr Kayode Fayemi, has said that the governments of Ekiti and Ondo States would work out a modality to give a befitting burial to former Governor of the old Ondo State, Evangelist Bamidele Olumilua, who passed on...
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Germany Unveils $130b Stimulus To Kickstart Economy As Car Sales Drop By Half
June 5, 2020 No Responses

Germany Unveils $130b Stimulus To Kickstart Economy As Car Sales Drop By Half

Germany will plough 130 billion euros ($146 billion) into a stimulus package to kick-start an economy severely hit by the coronavirus pandemic, Chancellor Angela Merkel has said.Under the wide-ranging measures outlined in a 15-page document, value-ad...
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NSE Succumbs To Profit Taking, Loses N50b
June 4, 2020 No Responses

NSE Succumbs To Profit Taking, Loses N50b

The Nigerian Stock Exchange (NSE) market indicators succumbed to profit taking on Thursday, dropping by 0.38 per cent. Speficially, the All-Share Index dipped 95.91 points, representing a dip of 0.38 per cent to close at 25,312.05 compared with 25,407.96 poste...
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FBNQuest Educates Nigerians on estate planning, wealth transfer
June 4, 2020 No Responses

FBNQuest Educates Nigerians on estate planning, wealth transfer

FBNQuest Trustees, a subsidiary of FBN Holdings Plc, is offering expert guidance on estate planning as an important requirement for successful wealth transfer. In a statement on Thursday, Mr Adekunle Awojobi, FBNQuest Managing Director, explained that through ...
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COVID-19: Group Unveils New Campaign To Support Seafarers
June 4, 2020 No Responses

COVID-19: Group Unveils New Campaign To Support Seafarers

The Mission to Seafarers has launched a new flagship campaign to address the severe welfare issues facing seafarers worldwide in the wake of the ongoing COVID-19 pandemic. The Flying Angel campaign is a top priority for the organisation as crews remain...
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NPA To Receive 17 Ships With Petroleum Products, Wheat, Frozen Fish, Others
June 4, 2020 No Responses

NPA To Receive 17 Ships With Petroleum Products, Wheat, Frozen Fish, Others

The Nigerian Ports Authority (NPA) is expecting 17 ships laden with petroleum products, food items and other goods. NPA explained on Thursday through its publication, Shipping Position, that the ships are expected to arrive at the Lagos Ports between June...
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Lagos Earmarks N103b For Infrastructure
June 4, 2020 No Responses

Lagos Earmarks N103b For Infrastructure

The Lagos State Government on Wednesday said it  earmarked N103 billion for the aggressive development of infrastructure across the state. Commissioner for Economic Planning and Budget, Mr Sam Egube, made this known during the 2020 Ministerial Press Brief...
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