Latest Archives — City Business News

May 4, 2024 No Responses

Court Jails Ex-FCMB Manager 121 Years For N112m Fraud

Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former manager with First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting...

April 4, 2024 No Responses

EFCC Grills Bobrisky For Naira Abuse

Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have commenced investigation of Idris Okuneye, a.k.a Bobrisky, for allegedly spraying Naira notes. The EFCC had invited the 31-year old following a video report of spr...

February 9, 2024 No Responses

Glo, MTN Resolve Interconnect Debt Dispute

The Nigerian Communications Commission (NCC) is pleased to announce that the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved. NCC in a statement issued by Reuben Muoka, Director...

September 24, 2023 No Responses

Photo News

Minister of Information and National Orientation, Alhaji Mohammed Idris, fnipr with Nigeria’s Ambassador to the UN, Prof. Tijjani Muhammad Bande taking some moments off at the 78th UN General Assembly in New York.

September 2, 2023 No Responses

Stallion NMN Excites Cricket Fans With World Cup Trophy Tour

Stallion NMN, the official Nissan representative in Nigeria, has completed hosting the Nigeria leg of the International Cricket Council (ICC)’s World Cup trophy tour in association with the Nigeria Cricket Federation (NCF). The cup was displayed to the publi...

August 8, 2022 No Responses

How To Address Nigeria’s Economic Challenges, By NECA

The Nigeria Employers’ Consultative Association (NECA) has described the economic challenges facing the country as multi-faceted and called for a holistic and multi-pronged approach to resolving them. NECA’s Director-General, Mr Wale Oyerinde, in a state...

July 17, 2022 No Responses

World Bank deploys $114.9b To Finance Global Crisis

The World Bank Group has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022. In a statement on Saturday, the Bank explained that from July 1, 2021, to June 30, 2022, it responded with unprecedented scale...

March 4, 2020 No Responses

Nigeria Initiates 43 Road Projects In Tertiary Institutions

The Nigerian Government on Tuesday said it has initiated 43 road infrastructure development projects in Universities and other Institutions of higher education in the country. Babatude Fashola, Minister of Works and Housing, stated this at the formal han...

January 5, 2020 No Responses

Police Confirm Five Persons killed in Kaduna Gas Explosion

The Kaduna Police Command has confirmed the death of five persons in the gas explosion at Sabon Tasha in Kaduna metropolis on Saturday afternoon. The Command’s Public Relations Officers, DSP Yakubu Sabo, made the confirmation in a press statement issued...

June 27, 2019 No Responses

NSE Begins Enlightenment Campaign On ETF

The Nigerian Stock Exchange (NSE) has commenced a three-day enlightenment campaign to increase investors’ awareness and participation in Exchange Traded Funds (ETFs) market. The campaign which runs from June 26 to 28, 2019, will see the Exchange ...

May 4, 2019 No Responses

Sanusi Joins MTN Board

MTN Group, on Friday, in Johannesburg, South Africa,announced the appointment of the Emir of Kano, Mallam Sanusi Lamido Sanusi, into its board. The appointment of the former Central Bank of Nigeria (CBN) governor is part of significant changes...

April 22, 2019 No Responses

Culinary Delights Opens First Pizza King And Mama Mia Restaurant In Lagos

After about two and a half years in the making, Culinary Delights has finally opened the doors of its first outlet to customers with the launch of her first two brands, Pizza King and Mama Mia (Make I chop again)....

April 12, 2019 No Responses

SIFAX Group Unveils Financial Services Subsidiary, Appoints Abitoye GM

In order to take full advantage of emerging opportunities in the financial sector in the country and across the West African territory, SIFAX Group has launched a new subsidiary, Sky Capital and Financial Allied International Limited. The new subsidiary is...