Information – Page 53 – City Business News

March 6, 2025 No Responses

FG Files Charge Against MultiChoice

The Federal Government of Nigeria through the Federal Competition and Consumer Protection Commission (FCCPC) has filed a charge against MultiChoice Nigeria Limited and its Chief Executive Officer, John Ugbe, for allegedly violating regulatory directives and obstructing an ongoing inquiry. The...

March 6, 2025 No Responses

Nigeria Joins European Bank As Shareholder

Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD). This addition brings the total number of EBRD shareholders to 77, comprising 75 national shareholders alongside the European Union and the European Investment Bank...

March 6, 2025 No Responses

EDO Tasks Security Agencies On Illegal Revenue Collectors

The Edo State Internal Service has charged security agencies in the State to join in the fight and get rid of illegal revenue collectors. Giving the charge at a one-day security meeting with security agencies, the Executive Chairman, Oladele Bankole-Balogun...

March 5, 2025 No Responses

NDDC To Complete Rivers Kaa-Ataba Bridge This Year

The Chairman of the Niger Delta Development Commission, NDDC, Governing Board, Mr. Chiedu Ebie, has assured that the Commission will complete and inaugurate the 6.2-kilometre Kaa-Ataba Road and bridges linking the Khana Local Government Area to the Andoni...

March 5, 2025 No Responses

Bus Explosion Claims 16 Lives On Abeokuta-Sagamu Expressway

Not less than sixteen passengers were burnt to death in a lone accident involving a Mazda bus along Buhari Estate on the Abeokuta-Sagamu Expressway in Ogun State. The spokesperson for the Federal Road Safety Corps (FRSC) in Ogun State, Florence...

March 4, 2025 No Responses

CNG Conversion: Lagos Trains Vehicle Inspection, Safety Officers

Following the Federal government’s directive on the need to move away from PMS to CNG, the Lagos State Government, through the Safety Commission, has organised a three-day training for Vehicle Inspection/Safety Commission Officers. Speaking at the ...

March 4, 2025 No Responses

Tinubu Approves 11 Private Universities

President Bola Tinubu has approved provisional licenses for 11 private universities in Nigeria, bringing the total number of private universities in the country to 159. The Special Adviser to the President on Media and Public Communication, Sunday Dare, in a.....

March 4, 2025 No Responses

Edo: Tribunal Reserves Judgement In Governorship Election Dispute

The Edo Governorship Election Petition Tribunal has reserved judgment in the petition filed by the Peoples Democratic Party (PDP) and it’s governorship candidate, Asue Ighodalo, challenging the outcome of the governorship election in the state. The three-mem...

March 3, 2025 No Responses

NLC Threatens Nationwide Protests Over Electricity Tariff

NLC Threatens Nationwide Protests Over Electricity Tariff The Nigeria Labour Congress (NLC) has rejected plans by the Federal Government to regularise electricity tariffs for customers for Bands A, B and C. In a communique released on Sunday after the National...

March 3, 2025 No Responses

Businessman Excretes 120 Wraps Of Cocaine

The National Drug Law Enforcement Agency (NDLEA) has arrested a 42-year-old Turkey-bound Angolan businessman Mbala Dajou Abuba at the Mallam Aminu Kano International Airport, Kano for attempting to traffic a large consignment of cocaine, which he ingested. In ...

March 3, 2025 No Responses

SEC Nigeria To Boost Women’s Capital Market Literacy

As part of its its commitment to develop the capital market and increase participation among Nigerians, the Securities and Exchange Commission (SEC) has concluded plans to train selected women in capital market literacy through its training arm, the Nigerian C...

March 2, 2025 No Responses

Ramadan: Reps Warns Against Price Hikes

The Chairman, House of Representatives Committee on Interior, Abdullahi Aliyu has urged grocery traders to refrain from exploiting people by charging exorbitant prices for food items during the Holy month. Aliyu, who made the appeal in his Ramadan message to.....

March 2, 2025 No Responses

Osinbajo, Gbajabiamila Laud Design Week Lagos, Ecobank, Others

Former Vice President of Nigeria, Prof. Yemi Osinbajo, and Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila, have commended the organizers of the ongoing Design and Innovation Exhibition at the Ecobank Pan African Centre (EPAC) in Lagos, noting...

March 1, 2025 No Responses

NGX Group Reports N13.6b Profit, Board Okays N4.4b Dividend For 2024

Nigerian Exchange Group Plc has announced its audited financial results for the year ended 31 December 2024, delivering profit before tax (PBT) of N13.6 billion, indicating 157.3% year-on year growth. According to the Group, the performance was driven by robus...