Court Dissolves 15-Year-Old Marriage Over Alleged Money Ritual 

Court Dissolves 15-Year-Old Marriage Over Alleged Money Ritual 

A middle-aged housewife, Mrs Olawumi Olasemo on Friday prayed a Mapo Grade ‘A’ Customary Court in Ibadan to dissolve her union to estranged husband, Wale Olasemo on grounds of attempted money ritual and domestic violence.  Olawumi, told the court that...
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Stock Market Closes Week With N52b Decline

Stock Market Closes Week With N52b Decline

The Nigerian Exchange (NGX) closed negative due to buy-interests and sell-offs in large and small capitalised stocks.   Also, the market capitalisation dropped by N52 billion to close at N28.681 trillion as against N28.733 trillion posted at the previous...
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CNS Flags-Off Obangame Express With Nine Ships, Two Helicopters, Others 

CNS Flags-Off Obangame Express With Nine Ships, Two Helicopters, Others 

The Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo, on Friday flagged-off the 13th Obangame Express with nine ships, two helicopters, maritime awareness domain assets and elements of the Special Boat Services (SBS).  Gambo flagged-off the maritime exer...
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Ecobank Ellevate Partners Ananse Africa, MasterCard Foundation, Train Fashion Entrepreneurs

Ecobank Ellevate Partners Ananse Africa, MasterCard Foundation, Train Fashion Entrepreneurs

Ecobank Ellevate has partnered Ananse Africa and MasterCard Foundation to train fashion entrepreneurs and creatives in Nigeria.   A statement sent to City Business News explained that Ecobank Ellevate is a proprietary service offering designed for bu...
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FIFA Bans Four Uruguay Players

FIFA Bans Four Uruguay Players

Uruguay’s Fernando Muslera and Jose Maria Gimenez were hit with four-match bans by FIFA on Friday.  While Diego Godin and Edinson Cavani were suspended for a game each after they confronted the referee following their World Cup match against Ghana.&nbsp...
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AfDB Commits $10bn To Drive  Food Security In Africa 

AfDB Commits $10bn To Drive  Food Security In Africa 

The African Development Bank (AfDB) Group is to commit $10 billion over the next five years to make Africa food secure.  The president of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa Food Summit in Diamniadio,...
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CBN Unveils Africa-Led Domestic Card Scheme

CBN Unveils Africa-Led Domestic Card Scheme

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Thursday, unveiled an African Central Bank led National Domestic Card Scheme (AfriGO) to address local peculiarities.  At the event, which was monitored virtually, Emefiele said the new...
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FG Raises Steering Committee For Proposed Ondo, Benin Ports 

FG Raises Steering Committee For Proposed Ondo, Benin Ports 

The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports.   The inauguration was performed by the  Permanent Secretary of the Ministry of Transportation, Dr Magdalen...
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FEC Approves N1.6b Augmentation For Benue Road  

FEC Approves N1.6b Augmentation For Benue Road  

The Federal Executive Council (FEC) has approved an additional N1.6 billion being augmentation sum for Manyam-Ushongo-Lessel-Kartyo-Oju-Agila road project in Benue State.  The Minister of Information and Culture, Lai Mohammed, disclosed this to State Hous...
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Lassa Fever: Etsako-West Confirms 38 Cases, Esan West 24 

Lassa Fever: Etsako-West Confirms 38 Cases, Esan West 24 

The Edo State Commissioner for Health, Prof. Obehi Akoria, on Wednesday, said Etsako West, Esan West and Esan North East were the most affected local government areas by Lassa fever in the state, urging for the collaboration of residents to...
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Hyundai Reveals All-New KONA SUV

Hyundai Reveals All-New KONA SUV

Hyundai Motor Company has revealed details of its new generation KONA subcompact Sports Utility Vehicle (SUV) for Korea, with information about the global model coming in March, 2023.   According to information obtained by City Business News, the ups...
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Geely Records 1,432,988 Sales In 2022 

Geely Records 1,432,988 Sales In 2022 

Geely Auto has announced its December and annual sales figures for 2022: 146,017 passenger cars were sold in December, and the total cumulative sales of Geely Auto for 2022 reached 1,432,988 units, up 8% year-on-year, with production and sales exceeding...
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Maersk, MSC Terminate Alliance  

Maersk, MSC Terminate Alliance  

Container shipping giants, MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, have agreed to terminate the 2M alliance, effective in January 2025.   2M is a container shipping line vessel sharing agr...
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Man Beats Lover To Death In Bayelsa  

Man Beats Lover To Death In Bayelsa  

A man, Mr Arepamowei Koru, who hails from Ogobiri Community in Sagbama Local Government Area of Bayelsa, has allegedly beaten his 22-year-old girlfriend, Miss Toma Angolo, to death.   The two lovers were said to be cohabiting at the man’s...
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