News Archives — Page 3 of 687 — City Business News

January 19, 2025 No Responses

Ecobank Partners CreditCorp On Affordable Loans

Ecobank Nigeria has partnered with the Nigerian Consumer Credit Corporation (CrediCorp) to offer affordable and flexible loans to customers. These loans, according to Ecobank can be used to finance a variety of needs, including paying school fees, rent, maintenance costs, medical...

January 19, 2025 No Responses

Lagos Govt Shuts School Over Pupil’s Death

The Lagos State Government has ordered the closure of Smiley Kids Montessori School, located in Heritage Place Estate, Sangotedo, following a swimming pool accident that claimed the life of a two-year-old girl, Rapheala Ogbodo. The announcement was made via a....

January 18, 2025 No Responses

Court Bars FRSC From Arresting Vehicles, Penalising Drivers With Faded Number Plates

A Federal High Court, sitting in Lagos has restrained the Federal Road Safety Corps (FRSC) from arresting vehicles with faded number plates.Justice Akintayo Aluko made the order on Friday and also restricted the FRSC from imposing any fine or punishment...

January 18, 2025 No Responses

FG, States, LGAs Share ₦1.424tri

A total sum of N 1.424 trillion, being December 2024 Federation Account Revenue, has been shared to the Federal Government, States and Local Government Councils. The revenue was shared at the January 2025 Federation Account Allocation Committee (FAAC) meeting ...

January 18, 2025 No Responses

LASTMA Inducts Solicitor-General As Special Traffic Mayor

The Solicitor-General and Permanent Secretary, Ministry of Justice, Mr Hameed Oyenuga has been inducted into the esteemed corps of Mayors of Lagos State Traffic Management Authority (LASTMA). In his remark, during the induction, the Director of Traffic A...

January 17, 2025 No Responses

INTERPOL’s Maritime Security Unit Seeks Collaboration With EFCC

The International Criminal Police Organization, INTERPOL, through its Maritime Security Unit has sought collaboration with the Economic and Financial Crimes Commission, EFCC, as part of concerted efforts to combat transnational fraud and to check fraudulent ma...

January 17, 2025 No Responses

Tinubu Lauds Govs For Supporting Tax Reform Initiatives

President Bola Tinubu has expressed his appreciation for the Nigeria Governors’ Forum following their unanimous endorsement of the four Tax Reform Bills currently under consideration by the National Assembly.President Tinubu lauds the governors for their...

January 17, 2025 No Responses

Edo Governorship Tribunal Admits PDP, Ighodalo’s Documentary Evidence

The Edo Governorship Election Petition Tribunal on, Friday, January 17th, 2025 admitted in evidence all documentary evidence tendered by Edo PDP Governorship Candidate, Dr. Asue Ighodalo in support of his petition challenging INEC’s declaration of Senato...

January 17, 2025 No Responses

Govs Back Tax Reform Bills

The 36 state governors in Nigerian have thrown their weight behind the Federal Government’s tax reform bills. The governors are also proposing a new sharing formula for value-added tax (VAT). The decision followed a meeting of the Nigeria Governo...

January 17, 2025 No Responses

NIMASA Targets N537b Revenue In 2025

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to attain N560 billion revenue for the year 2025. Director General of NIMASA, Dr. Dayo Moboreola, announced this on Thursday during the agency’s budget defence before the Nati...

January 17, 2025 No Responses

Alleged N1.96bn Fraud: Court Slates Jan 31 For Ex- AGF’s Trial

Justice James Omotosho of the Federal High Court, Maitama, Abuja has fixed January 31, 2025 for the trial of the formerActing Accountant General of the Federation, AGF, Anamekwe Nnabuoku for alleged multiple financial fraud to the tune of N1.96billion.Nnabuo...

January 17, 2025 No Responses

Alleged N12.3b Fraud: EFCC To Arraign Otudeko, Ex-First Bank MD

The Economic and Financial Crimes Commission (EFCC) has filed a 13-count criminal charge against the Chairman, Honeywell Group, Chief Oba Otudeko and a former Managing Director of First Bank, Olabisi Onasanya for allegedly obtaining the sum of N12.3bn from Fir...

January 16, 2025 No Responses

Tinubu Congratulates Nigerian Scientists For Making Biden’s Honour List

President Bola Tinubu has congratulated six distinguished Diaspora Nigerians named by President Joe Biden among the 400 recipients of the Presidential Early Career Award for Scientists and Engineers (PECASE) in the United States.This prestigious recognition, e...

January 16, 2025 No Responses

Eni Awards 30 Post Graduate Scholarship To Nigerian Graduates

Photo Caption: Vice Chairman and Managing Director of NAE, Fabrizio Bolondi and Deputy Managing Director, Dr. Richard Orianzi, presenting the award to some beneficiaries. Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), on behalf of NNPC Limited an...