Information – Page 347 – City Business News

July 28, 2022 No Responses

FG Approves Additional N16b To Complete Kano-Katsina Expressway

The Federal Executive Council (FEC) on Wednesday approved an augmentation of N16 billion for the completion of the dualisation of the Kano-Katsina Expressway. Minister of Information and Culture, Alhaji Lai Mohammed, made this known while briefing Journalists at the end...

July 28, 2022 No Responses

CBN Issues National Licence To TAJBank

TAJBank Limited Nigeria’s leading non-interest bank has secured approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing Director, Mr Hamid Joda, made this known in a statement on Wednesday. Joda said tha...

July 28, 2022 No Responses

Kumuyi: Deeper Life Global Crusade Will Refocus Youths For Greater Accomplishments

The General Superintendent, Deeper Life Bible Church, Pastor Williams Kumuyi, has said that its six-day Global Crusade beginning on Thursday in Ikorodu, Lagos, will refocus youths for greater accomplishments. Kumuyi, a renowned Bible scholar, said this o...

July 28, 2022 No Responses

Firstmonie Agents Hit One Billion Transaction Volume

Firstmonie has collectively processed transaction volume in excess of one billion, amounting to over N22 trillion, First Bank of Nigeria Ltd, has disclosed Group Head, Marketing and Corporate Communications, Mrs Folake Ani-Mumuney in a statement ex...

July 28, 2022 No Responses

Fidelity Bank Rewards Customers With N10m

Fidelity Bank Plc has rewarded 10 customers with N1million each in the eight monthly draws of its Get Alerts in Millions season five promo (GAIM 5). Dr Ken Opara, the Promo Chairman and Executive Director, Lagos and South-West, said at...

July 28, 2022 No Responses

NIMASA Urges NLNG To Fly Nigerian Flag On Vessels

The Nigerian Maritime Administration and Safety Agency (NIMASA) have urged the Nigeria Liquefied Natural Gas (NLNG) to consider the Nigerian Flag as the first option for its vessels. The Director-General of NIMASA, Dr Bashir Jamoh, made the appeal in a...

July 28, 2022 No Responses

NEPZA, FIRS Agree To Adjust FTZs New Tax Administration Pact

The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have agreed to adjust some sections of the recently signed Memorandum of Understanding (MoU) on effective tax administration, to accommodate some salient concer...

July 28, 2022 No Responses

FG Approves N800m To Purchase Vehicles For NDLEA

The Federal Executive Council (FEC) on Wednesday approved N800 million for the procurement of 32 operational vehicles for the National Drug Law Enforcement Agency (NDLEA). Minister of Information and Culture, Alhaji Lai Mohammed, made this known while briefing...

July 27, 2022 No Responses

Presco Shareholders Get N7.5b Dividend For 2021

By Moses Ebosele, ebosele@hotmail.com — For the financial year ended December 31, 2021, shareholders of Presco Plc, on Wednesday, approved payment of 660kobo per share final dividend, amounting to N6.6Billion. This brought the tota...

July 27, 2022 No Responses

FRSC Warns Motorists Against Speeding On Lagos-Ibadan Expressway

The Federal Road Safety Corps (FRSC) Ogun Command has warned motorists against speeding as part of measures to further reduce accidents on the Lagos-Ibadan Expressway. FRSC Sector Commander, Mr Ahmed Umar, gave the warning in an interview with the News.....

July 27, 2022 No Responses

CVR: INEC Warns Against Multiple Registration

The Independent National Electoral Commission (INEC) has warned eligible voters against multiple registrations during the ongoing Continuous Voter Registration (CVR) exercise. Dr Baba Bila, INEC’s National Commissioner in charge of the North-East zone, mad...

July 27, 2022 No Responses

Reps Amend CBN Act To Stop Governor From Partisan Politics

The House of Representatives has passed a bill after the second reading to stop the Governor of the Central Bank of Nigeria (CBN) from participating in future elections in the country. Rep. Sada Soli, the sponsor of the Bill at...

July 27, 2022 No Responses

Court Remands Man For Allegedly Stealing N11.27m From Fidelity Bank

An Ikeja Special Offences Court on Tuesday remanded a 32-year-old man, Sedeliu Iziomo, in a correctional facility for allegedly stealing N11.27 million from Fidelity Bank Plc. The News Agency of Nigeria (NAN) reports that Iziomo is charged with a two-cou...

July 27, 2022 No Responses

FRSC Laments Cases Of Unclaimed Corpses

The Federal Road Safety Corps (FRSC) has decried the rising cases of unclaimed corpses of accident victims. Worried by the development, the FRSC has advised road transport workers on the importance of maintaining traveller manifest at motor parks for e...