City BusinessNews – Page 402 – City Business News

October 25, 2019 No Responses

Winners Emerge In NSE Inaugural Hackathon

After a thorough review of entries received, the Nigerian Stock Exchange (NSE) on Thursday announced winners of its maiden edition of X-Kathon competition. X-Kathon is NSE’s first Hackathon designed to encourage Tech enthusiasts to develop innovative Fintech solution to drive...

October 24, 2019 No Responses

Nigeria To IOCs: Foster Peace In Host Communities

The Federal Government on Thursday admonished International Oil Companies (IOCs) to use culture to foster peace in their host communities.The Minister of Information and Culture, Alhaji Lai Mohammed gave the charge in Port-Harcourt at the maiden Nigerian Agip ...

October 24, 2019 No Responses

Maersk Raises 2019 Profit Forecast To $5.8b

Danish shipping major Maersk has raised its expectations for 2019 profit based on the financials for the third quarter and the updated outlook for freight rates, volumes and bunker fuel prices for the rest of the year.The company said that...

October 24, 2019 No Responses

Russia Pledges Support For Lagos-Calabar Rail Line

The Russian Government has agreed to support development of Nigeria’s rail infrastructure by constructing 1,400 kilometres track from Lagos to the South-South city of Calabar. The development was one of the agreements reached at a meeting between President M...

October 24, 2019 No Responses

Group Seeks Repositioning Of Palm Oil Value Chain

A Non-Governmental Organisation (NGO), Solidaridad West Africa, on Wednesday in Abuja identified the need for Nigeria to set up mechanism to reposition the country’s oil palm value chain as part of measures to enhance rapid economic growth. According t...

October 24, 2019 No Responses

Zenith Bank Declares N150.72b Profit In Q3

Zenith International Bank Plc on Wednesday reported a profit after tax of N150.72 billion for nine months ended Sept. 30, 2019. The profit represented a growth of five per cent when compared to N144.18 billion achieved in the corresponding period...

October 24, 2019 No Responses

Alleged Extortion: Another 26 FRSC officials arrested

Another set of 26 officials of the Federal Road Safety Corps (FRSC) has been arrested for alleged extortion of motorists in different parts of the country. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) disclosed this in a...

October 24, 2019 No Responses

Photo News

L-R: Minister of state Power Mr. Jedy Agba, minister of state mines and steel development Mr. Uche Ogah and minister of Science and Technology Dr. Ogbonaya Onu, at Wednesday Federal Executive Council (FEC) Meeting, At the State House, Abuja

October 24, 2019 No Responses

REIGNITING THE LIGHTS OF SPECIAL MARSHALS

-ACM KAYODE OLAGUNJU PhD, FCILT, mni Zonal Commanding Officer, Zone RS 10 (Sokoto, Kebbi and Zamfara States) Zonal Headquarter, Sokoto (Being an address at the 2019 Special Marshals Sectorial Workshop Organized by RS10.2 Kebbi Sector Command on Thursday 24th O...

October 23, 2019 No Responses

Investors Stake N6.18b On Zenith Bank’s 357.23m Shares

Investors on the floor of Nigerian Stock Exchange (NSE) on Tuesday staked N7.83 billion on 694.02 million shares in 2,780 deals.The volume of shares traded represented an increase of 182.29 per cent compared with 245.85 million shares valued at N1.36...

October 23, 2019 No Responses

DPR Seals 167 Filling Stations

The Department of Petroleum Resources (DPR), Ibadan, Oyo State has within 10 months sealed 167 filling stations for various infractions.The DPR Operations Controller, Ibadan, Engr. Oluyemi Olaonipekun, disclosed this on Tuesday in Ibadan during a surveil...

October 23, 2019 No Responses

Iwo Road: PDP Canvasses Support For Makinde

The South-West chapter of the Peoples Democratic Party (PDP) has commended the decision of Gov. Seyi Makinde of Oyo State to reconstruct the Iwo Road Interchange, describing the move as bold and courageous.The South-West PDP, in a statement issued on...

October 23, 2019 No Responses

INEC Projects 10,063 Ad Hoc Personnel For Bayelsa Poll

The Independent National Electoral Commission (INEC) is to deploy 10,063 ad hoc staff for the November . 16 Bayelsa governorship election .Pastor Monday Tom, the INEC Resident Electoral Commissioner for Bayelsa said this at a Roundtable on INEC’s preparednes...

October 23, 2019 No Responses

Maritime Sector To Honour Departed MMS First Lady With ‘Night of Tributes’

As part of efforts to pay homage to the late Mrs. Promise Anaroke, wife of the CEO/ Editor-in-Chief of MMS Plus newspapers, Mr. Kingsley Anaroke, maritime industry stakeholders have set aside November 7th, 2019 for a night of tributes.The event...