City BusinessNews – Page 406 – City Business News

October 16, 2019 No Responses

Delta Proposes N389b Budget For 2020

The Delta State Government has proposed a N389 billion budget for the 2020 fiscal year.The State’s Commissioner for Information, Mr Charles Aniagwu, disclosed this while briefing newsmen on Wednesday in Asaba.Aniagwu said that the budget approval was part of the...

October 16, 2019 No Responses

NPA Photo News

L-R: The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, the President of Women in Maritime Africa-Nigeria (WIMAFRICA-NIGERIA) Hajia Bola Muse, at the Annual Conference of WIMAFRICA-NIGERIA in Lagos.

October 16, 2019 No Responses

Shell Remits N720b To NDDC In 16 Years

Shell Petroleum Development Company of Nigeria (SPDC) and partners have remitted about $2 billion ( N720 billion) to the Niger Delta Development Commission (NDDC) in 16 years. SPDC’s General Manager, External Relations, Igo Weli, disclosed this on Tuesday at...

October 16, 2019 No Responses

Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA

The Senate has directed its committees on Petroleum Downstream and National Planning to investigate within two weeks why the Petroleum Pricing Regulatory Agency (PPRA) failed to remit five per cent commission it charged on every litre of fuel to FERMA...

October 16, 2019 No Responses

Nigeria To Explore More Investment Opportunities In UAE

The Minister of Industry, Trade and Investment, Mr Richard Adebayo, has said that Nigeria would explore more investment opportunities in the United Arabic Emirate (UAE). According to a statement signed by Mr Julius Toba-Jegede, Special Assistant (Media) to the...

October 16, 2019 No Responses

Volkswagen Postpones Final Decision On Turkey Plant

Volkswagen has postponed the final decision whether to build a car plant in Turkey, the company said, amid international criticism of the country’s military operation in Syria and concerns about potential reputational fallout. “We are carefully mon...

October 15, 2019 No Responses

Lagos Pledges To Pay Above N30,000 Minimum Wage

Lagos State will pay its workers above the N30,000 new national Minimum Wage, State Governor, Babajide Sanwo-Olu has said.Sanwo-Olu made the promise on Tuesday when the state leadership of the Trade Union Congress (TUC), the Nigeria Labour Co...

October 15, 2019 No Responses

Photo New

From left Hajia Lami Tumaka, Director of Special Duties, Nigerian Maritime Administration and Safety Agency (NIMASA); the Managing Director, Nigerian Ports Authority (NPA), Ms Hadiza Bala-Usman; President of WIMA Nigeria, Hajia Bola Muse; and Hajia Aisha Musa,...

October 15, 2019 No Responses

Shippers Council Donates Household Items To Kano Old People’s Home, VVF centre

The Nigerian Shippers Council (NSC) has donated some household itemś to the Kano State Old People’s Home and the Vesico Virginal Fistula (VVF) centre in the state.The items presented to the beneficiaries by the Executive Secretary of the NSC, Mr...

October 15, 2019 No Responses

Access Bank Hits N1b Digital Daily Lending

Access Bank’s expanded Digital Lending Portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value.Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu,...

October 15, 2019 No Responses

NIWA To Conduct Psychiatric Test On Boat Drivers

Boat Drivers in Warri, Delta State will soon be subjected to Psychiatric examination as part of measures to address issues of reckless driving.Speaking on Tuesday in Warri, Delta State, Area Manager of National Inland Waterways Authorit...

October 15, 2019 No Responses

Nigeria Presents `Certificate Of Discharge’ To Transcorp

Vice President Yemi Osinbajo on Monday at the Presidential Villa, Abuja, presented Certificate of Discharge to Transnational Corporation of Nigeria (Transcorp). A certificate of discharge is a written statement of satisfaction that a party has discharged its o...

October 15, 2019 No Responses

Court Freezes 45 Bank Accounts

A Federal High Court on Monday in Abuja ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly involved in smuggling of rice into Nigeria. The companies whose accounts were domiciled with ten commercial banks in Nigeria...

October 15, 2019 No Responses

Photo News

L-R, Director General, ICRC Engr Chidi Izuwah, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Permanent Secretary, Special Duties Ministry of Finance Dr Muhammed Dikwa during a Publi...