Metro – Page 27 – City Business News

December 18, 2019 No Responses

DPR Seals Four Gas Plants

The Department of Petroleum Resources (DPR) on Wednesday sealed off four Liquefied Petroleum Gas (LPG) plants, over non-compliance and illegal operations in Lagos.Officers of the Nigeria Security and Civil Defence Corps (NSCDC), which collaborated with the DPR in the exercise,...

December 7, 2019 No Responses

Lagos Shuts Nine Firms Over Tax Evasion

The Lagos State Internal Revenue Service (LIRS) in its enforcement activities, has shut nine companies and hospitality firms over alleged failure to remit N21.59 million consumption taxes to the state government.The Director, Legal Services of the LIRS, Mr Sey...

December 7, 2019 No Responses

Yuletide: FRSC Cautions Drivers In Sokoto, Kebbi, Zamfara

The Federal Road Safety Corps (FRSC) Sokoto Zonal Office, has warned drivers to avoid overloading and speeding as part of measures to ensure accident-free Yuletide.Assistant Corps Marshal (ACM) and Zonal Commanding Officer, Kayode Olagunju, gave the warning wh...

November 27, 2019 No Responses

DPR Sanctions Petrol Outlets, Two Gas Plants

The Department of Petroleum Resources (DPR), Warri Zonal Office has sanctioned three petrol stations and two gas plants over alleged sharp practices in Delta State.Mr Antai Asuquo, Warri Zonal Operations Controller of DPR, represented by Mr Victor Ohwodiosa, t...

November 27, 2019 No Responses

Oyo Budgets N208.8 b For 2020

Governor Seyi Makinde of Oyo State on Wednesday presented N208.8 billion Appropriation Bill for the 2020 fiscal year to the State House of Assembly.The News Agency of Nigeria (NAN) reports that the budget presented by Makinde was N77 billion lower...

November 27, 2019 No Responses

Kano 40th Trade Fair To Host 150 Countries

No fewer than 150 foreign countries and 15 Nigeria states are expected to participate at the Kano 40th Trade Fair scheduled to begin December 30, 2019.This was disclosed on Wednesday by the Acting President, Kano State Chamber of Commerce, Amb....

November 18, 2019 No Responses

Jumia Suspends E-Commerce Business

Online retailer Jumia Technologies, often called “the Amazon of Africa”, said it had suspended its e-commerce platform activities in Cameroon on Monday because it was not suitable for the country.Its shares have tumbled from its Wall Street initial public ...

November 14, 2019 No Responses

NNPC Secures $1.16m Grant For Abuja Power Plant

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project (IPP) modelled to generate 1,350...

November 12, 2019 No Responses

Kaduna Seals PZ Cussons, Others Over Tax Evasion

The Kaduna State Internal Revenue Service (KDIRS) has closed down three companies in Kaduna metropolis over tax evasion amounting to more than N3.2 million.The Executive Chairman of the agency, Dr Said Abubakar, told Journalists in Kaduna after the restraining...

November 12, 2019 No Responses

Top Global Designers Storm Lagos For Zenith Lifestyle Fair

Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly anticipated Lifestyle Fair, which holds from Friday, November 29 to Sunday, December 1, 2019 at the Eko Energy...

November 12, 2019 No Responses

FRSC Lauds Lagos-Ibadan Rail Project, Wants Metro Line Revisited

The Federal Road Safety Corps (FRSC), Lagos State Sector Command, has commended the Federal Government’s commitment to the Lagos-Ibadan standard rail line. Mr Hyginus Omeje, the sector commander, told the News Agency of Nigeria (NAN), on Monday in Lagos that...

November 7, 2019 No Responses

1,620 Workers To Retire In Lagos

The Lagos State Pension Commission (LASPEC) on Thursday said a total of 1, 620 staff of the Lagos State Public Service and Parastatals were expected to retire in the first half of 2020.Mrs Folashade Onanuga, Director-General, LASPEC, disclosed this at...

November 4, 2019 No Responses

Cornerstone Insurance: Only 2.5m of 12m Vehicles In Nigeria Have Genuine Insurance Cover

Out of 12 million registered vehicles in Nigeria, only 2.5 million have genuine insurance cover, Ikeja branch manager of Cornerstone Insurance plc, Pelumi Akindumusire has said.In a chat with motoring journalists, Akindumusire explained that most m...

October 26, 2019 No Responses

NDDC To Distribute 32 Waste Disposal Trucks

The Niger Delta Development Commission (NDDC) is set to distribute 32 waste disposal trucks to the nine states covered by the commission, an official said.The states are Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers.A statement...