Information – Page 543 – City Business News

August 25, 2016 No Responses

Shareholders of Diamond Bank, FCMB, others lose N8.1B over non-remittance of funds

The Foreign Exchange (FOREX) restriction order placed on Diamond Bank Plc, First City Monument Bank Plc (FCMB) and others by the Central Bank of Nigeria (CBN) reverberated yesterday on the floor of the Nigerian Stock Exchange (NSE). Two of...

August 25, 2016 No Responses

FG approves 2017-2019 Fiscal Strategy Framework

The Federal Executive Council (FEC) on Wednesday approved a three-year Fiscal Strategy Framework from 2017 to 2019. Identified as the Medium Term Expenditure Framework (MTEF), the process starts the process for the preparation of the 2017 budget. The Ministe...

August 25, 2016 No Responses

FG pledges support for Artists

The Minister of Information and Culture, Alhaji Lai Mohammed, has reassured the Artists’ Village community at the National Theatre, Lagos, that the government has not abandoned them. The Minister, who stated this in Lagos at a meeting with the representative...

August 23, 2016 No Responses

TUC faults proposed 9% hike on telephone calls, SMS, others

The Trade Union Congress of Nigeria (TUC) has condemned Federal Government’s proposed imposition of Communication Service Tax (CST) “as recently mooted by the Minister of Communication, Mr. Adebayo Shittu”. TUC in statement issued by Its President B...

August 22, 2016 No Responses

Niger Delta Avengers declare ceasefire

The militant group, Niger Delta Avengers has declared ceasefire and announced its willingness to dialogue with the Federal Government. “We are going to continue the observation of our announced ceasefire of hostilities in the Niger Delta against the m...

August 22, 2016 No Responses

Police recruitment test begins today

Barring any last minute test, the Police Service Commission will conduct aptitude test for shortlisted applicants for recruitment into the Nigeria Police Force on August 22 across the country. According to a statement issued by the Head, Press and Public.....

August 21, 2016 No Responses

How to tackle unemployment through Culture, tourism, by Minister

August 20, 2016 No Responses

Customs impounds 14,000 bags of rice at Tin-Can Island Command

The Nigeria Customs Service (NCS), Tin-Can Island Command has intercepted 31 containers of 14,000 bags of rice. Briefing Journalsits on Friday, the Comptroller General of Customs, Col Hameed Ali (rtd), represented by Deputy Comptroller Generals Dan Ugo and...

August 19, 2016 No Responses

Kano registers 1,042 for mass wedding

(NAN)The Kano State Hisbah Board said on Thursday that it had registered 1, 042 prospective couples in 18 local government areas of the state for the state government’s mass wedding programme. The Director-General of the board, Abba Sufi, told the...

August 18, 2016 No Responses

First Bank denies alleged concealment of NPA’s N11.2Billion

By Moses Ebosele – First Bank Nigeria has denied any involvement in the alleged concealment of N11.2 Billion belonging to the Nigerian Ports Authority (NPA). In a statement sent to the Nigerian Stock Exchange (NSE) and obtained by City BusinessNe...

August 17, 2016 No Responses

‘Creative industry can generate one million jobs”

By Moses Ebosele – The creative industry in Nigeria is capable of creating one million jobs in the next three years if properly harnessed, Minister of information and Cukture, Alhaji Lai Mohammed has said. The creative industry encompasses television...

August 17, 2016 No Responses

Amaechi extols late Ojo Maduekwe’s virtues

The Minister of Transportation, Chibuike Rotimi Amaechi has extolled the virtues of the former Minster of Transport, Late Chief Ojo Maduekwe describing him as a great Administrator, Pan – Africanist and a shining Star in the nation’s political fi...

August 17, 2016 No Responses

Havelange, former FIFA President dies at 100

(AP) — Joao Havelange, who as president of FIFA for two decades transformed soccer’s governing body into a multibillion-dollar business and a hotbed for subsequent corruption that damaged its reputation, has died. He was 100. Havelange, who was suffering f...

August 16, 2016 No Responses

Firm seeks support for NB’s golden pen award

As the deadline for the submission of entries for the 2016 edition of the Nigerian Breweries’ Golden Pen Awards closes on Friday, 19th August, 2016, the management of Thisday Newspaper has commended the initiative aimed at rewarding media excellence. Speakin...