City News Archives — Page 28 of 39

July 13, 2020 No Responses

Beyond The NDDC Forensic Audit

By Horatius Egua — It was yet another shocking revelation, at the Senate hearing, at the National Assembly, on the trouble Niger Delta Development Commission (NDDC), that the Interim Management Committee (IMC) led by Professor Pondei Kemebradikumo allocated about N1.3...

July 10, 2020 No Responses

Again, Canada-Abuja Evacuation Flight Stalled

The special evacuation flight for Nigerian citizens in Canada earlier scheduled for Friday has been stalled. The Nigeria High Commission in Ottawa, in a statement, explained that the decision was based on request by the intending evacuees. According to the...

July 9, 2020 No Responses

Access Bank To Acquire Zambian Bank

Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its...

July 8, 2020 No Responses

FG, NEXIM Bank, Sealink Seal Water Transportation MoU

The Federal Government on Tuesday in Abuja, signed a Memorandum of Understanding (MoU) with NEXIM Bank and Sealink Company to facilitate water transportation in the country. The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, who signed the MO...

July 6, 2020 No Responses

Fidelity Bank Appoints Chike-Obi Chairman

Fidelity Bank Plc has announced the appointment of Mr Mustafa Chike-Obi as the Chairman of the bank. Chike-Obi, who is currently Executive Vice Chairman at Alpha African Advisory, has over 40 years of experience in investment banking and the financial...

July 5, 2020 No Responses

Kano Inaugurates Committee On Missing Children

Governor of Kano State, Abdullahi Ganduje has inaugurated a 16-member Implementation Committee for the Report of the Judicial Commission of Inquiry into Missing Kano Children. A statement issued on Saturday by Mr Abba Anwar, the Chief Press Secretar...

July 5, 2020 No Responses

Police Averts Chaos As Customs, Traffic Officers Clash

The Police in Kwara on Saturday averted a bloody clash between personnel of the state Road Traffic Management Authority (KWARTMA) and Nigeria Customs Service (NCS) over a minor incident. The Chief Executive Officer of KWARTMA, Mr Yekeen Bello, who confirmed...

July 5, 2020 No Responses

FRSC Promotes Fomsuk, Obayemi To DCM

The Federal Road Safety Commission Board (FRSCB) has approved the promotion of two Assistant Corps Marshal from the North Central Geopolitical Zone to the rank of Deputy Corps Marshal with immediate effect. FRSC’s Corps Marshal, Dr Boboye Oyeyemi, annou...

July 3, 2020 No Responses

Lagos Begins Fund Disbursement To Abule-Egba Pipeline Explosion Victims

The Lagos State Government has commenced fund disbursement to Abule-Egba pipeline explosion victims residing at the Lagos State Emergency Management Agency (LASEMA) Relief Camp, Igando. Dr Olufemi Oke-Osanyintolu, Director- General of LASEMA, made this known i...

July 1, 2020 No Responses

Conoil Records N139.8b Turnover, Declares N2 Dividend For 2019

For the financial year ended December 31, 2019, Conoil Plc recorded a turnover of N139.8 billion, representing an increase of 14.4 per cent when compared with N122.21 billion achieved in the corresponding period in 2018. In a statement on Tuesday,...

July 1, 2020 No Responses

Airtel Official Bags Five Years Jail For N2.2m Fraud

A Magistrates’ Court in Igbosere, Lagos, on Tuesday sentenced a customer service representative of Airtel Nigeria Ltd, Jeremiah Mustapha, to five years in correctional centre, for facilitating a N2.2 million fraud. Mustapha, 32, was arraigned on June 14, 201...

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,...

June 28, 2020 No Responses

Edo: Atiku Activates 150 Support Groups For Obaseki

Ahead of the September 19 Governorship poll, former Vice President Atiku Abubakar has donated his 150 support groups to Governor Godwin Obaseki’s Governorship Campaign Organisation in Edo State. A statement signed by Mr Oladimeji Fabiyi...