Information – Page 318 – City Business News

November 1, 2022 No Responses

Onyema Bags GCU 2022 Man Of The Year Award

Chairman of Air Peace, Barrister Allen Onyema, has been conferred with the Man of the Year Award 2022 by the alumni association, Government College of Ughelli, GCU, Class of Friends. The award ceremony, held at the Federal Palace Hotel, Lagos, had...

November 1, 2022 No Responses

Edo Sacks Commissioner For Roads, Bridges

The Edo State Government has announced the removal of the Commissioner for Roads and Bridges, Engr. Newton Okojie. In a statement sent to City Business News, the Commissioner for Communication and Orientation, Mr. Chris Osa Nehikhare, said “The Hon. commissi...

November 1, 2022 No Responses

Ebola: Nigeria Issues Public Health Advisory

The Nigeria Centre for Disease Control and Prevention (NCDC) has issued a public health advisory following the declaration of an Ebola virus disease outbreak in Uganda. The advisory is contained in a statement issued by t...

October 31, 2022 No Responses

Dangote Sugar Declares N24.83b Profit In Nine Months

For the nine months period ended September 30, 2022, Dangote Sugar Refinery Plc has announced a Profit Before Tax (PBT) of N36.27 billion. Group Managing Director, Dangote Sugar Refinery Plc, Mr Ravindra Singhvi, in a statement on Sunday explained that.....

October 31, 2022 No Responses

Ganduje Inaugurates 100 Buses, 50 Taxis In Kano

Kano State Governor, Abdullahi Ganduje has inaugurated 100 ultra-modern buses and 50 taxis to enhance transportation in the state. Performing the inauguration at Sabon-Gari Stadium, Kano on Sunday, Ganduje said it was in line with his administration’s ...

October 31, 2022 No Responses

My Gratuity Not Enough To Pay Ransom, Wife Of Kidnapped UI Don Pleads

Dr Adebola Agbaje, wife of Prof. Adigun Agbaje, the kidnapped University of Ibadan (UI) don, has pleaded for the release of her husband, saying her expected gratuity was not enough to pay the N50 million ransom demanded. In an exclusive...

October 31, 2022 No Responses

BPE Explains Inability To Pay N1.8b Severance Benefits To SAHCOL Ex-workers

The Bureau of Public Enterprises (BPE) says the compulsory contribution to the Treasury Single Account (TSA) is preventing it from paying N1.8 billion severance packages to the ex-staff of the Skypower Aviation Handling Company Limited (SAHCOL) since 2018.&nbs...

October 30, 2022 No Responses

Expert Tasks Bankers On Infrastructure Funding

An infrastructure specialist, Mr Opuiyo Oforiokuma, has urged bankers to come up with a plan to fund infrastructure in Nigeria. Oforiokuma, a Senior Partner at Africa50 Infrastructure Acceleration Fund, gave the advice at the 2022 Fellowship Investiture ...

October 30, 2022 No Responses

2023: Obi Flags Off Campaign, Pledges To Tackle Unemployment, Insecurity

Presidential candidate of the Labour Party (LP) for the 2023 election, Mr Peter Obi, on Saturday in Lafia, Nasarawa State, pledged to tackle unemployment and insecurity if voted into power. Obi who made the pledged at the flag-off of his presidential...

October 29, 2022 No Responses

Nigerian Navy Receives Patrol Vessel From China To Boost Fight Against Piracy

The Minister Of Defence, retired Maj.-Gen. Bashir Magashi, on Friday said that the Nigerian Navy had taken possession of a patrol vessel from China to boost the fight against piracy. The minister said this during the handover of some military...

October 29, 2022 No Responses

Investors Lose N388b On NGX

The Nigerian Exchange Ltd. (NGX) declined further on Friday as market capitalisation depreciated by N388 billion or 1.6 per cent to close at N23.918 trillion from N24.306 trillion on Thursday. Also, the All-Share Index (ASI) fell by 712.54 points or...