Saudi Arabia unveils agenda for $500b mega city, business zone

Saudi Arabia unveils agenda for $500b mega city, business zone

Saudi Arabia has unveiled plans to build a new city and business zone – a project that will be backed up by more than $500bn (£381bn) in investment. Crown Prince Mohammed bin Salman says the 26,500 sq km (10,232 sq...
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Obaseki to FG: Deregulate petroleum sector now

Obaseki to FG: Deregulate petroleum sector now

The former Group Managing Director of the Nigerian National Petroleum Company (NNPC), Dr Jackson Gaius-Obaseki, has advised the Federal Government to consider full deregulation of the value chains of the nation’s petroleum sector. Gauis-Obaseki, who is cur...
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SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

By citybusinessnews@yahoo.com –           The Securities and Exchange Commission (SEC) has set in motion machinery for the forensic audit of Oando Plc.   To ensure the independence and transparency of the exercise, the Forensic Audit according ...
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Lafarge, Nigeria Breweries, Zenith Bank suffer more losses as market capitalisation drops further by N60b

Lafarge, Nigeria Breweries, Zenith Bank suffer more losses as market capitalisation drops further by N60b

By citybusinessnews@yahoo.com –   Trasnsactions on the floor of Nigerian Stock Exchange (NSE) continued on Monday on a negative trend as market capitalisation dipped further by N60billion.     Specifically, market capitalisation which opened for the...
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NPA Photo News

NPA Photo News

The Executive Management of the Nigerian Ports Authority (NPA) led by Hadiza Bala (2nd from right) during an interactive session with employees of the Organisation.
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‘Our achievements are real, not propaganda’

‘Our achievements are real, not propaganda’

President Muhammadu Buhari said his Administration has recorded concrete achievements which are there for all to see, contrary to the opposition’s statement that the Administration is running on propaganda and lies. The President, who was represented b...
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Union Bank Photo News

Union Bank Photo News

L – R shows Pai Gamde, Acting Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Oscar N. Onyema, OON, Chief Executive Officer, NSE; Cyril Odu, Chairman, Union Bank of Nigeria Plc; Emeka Emuwa, Chief Executive Officer, Union Bank of...
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Ondo to revive LNG firm, seeks partnership with NNPC, Chevron, Shell, others

Ondo to revive LNG firm, seeks partnership with NNPC, Chevron, Shell, others

To boost Ondo State’s economy, the State Governor, Rotimi Akeredolu has announced plans to revive moribund OK LNG, a state government-owned firm.   This was the high point of a meeting held in the office of the Chief of Staff to...
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Group lauds INTELS Chairman’s move to resolve NPA dispute

Group lauds INTELS Chairman’s move to resolve NPA dispute

The Nigerian Importers Integrity Association (NIIA) has commended the Chairman of INTELS Nigeria Limited, Mr. Gabriele Volpi, for intervening in the dispute between his company and the Nigerian Ports Authority (NPA) over remittances into the Treasury Single Ac...
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PDP holds ward congress in Osun

PDP holds ward congress in Osun

The Peoples Democratic Party (PDP) in Osun on Sunday conducted its ward congress across the state.The congress was held in the 332 wards of the state.  A NAN correspondent who monitored the exercise in some wards in Osogbo, Olorunda and Ifelodun...
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How to tackle Apapa gridlock through holding bays, by FRSC

How to tackle Apapa gridlock through holding bays, by FRSC

The Lagos State Sector Command, Federal Road Safety Corps (FRSC) says a permanent solution to the Apapa gridlock is the establishment of holding bays to accommodate trucks and articulated vehicles before loading. The Sector Commander, Mr Hyginus Omeje, who sai...
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Aruna Quadri signs three-year deal with Premier Lotto

Aruna Quadri signs three-year deal with Premier Lotto

In a bid to support the Tokyo 2020 Olympic Games dream of Aruna Quadri, foremost sports betting firm in Nigeria – Premier Lotto has entered into a three-year endorsement deal valued at $75,000 (N27m) with the African table tennis superstar....
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5,400 farmers, agro-dealers benefit from $3m USAID agric scheme

5,400 farmers, agro-dealers benefit from $3m USAID agric scheme

The United States Agency for International Development (USAID) says 5,400 agro-inputs dealers and farmers have benefitted from its three million dollars Feed the Future Nigeria Agro-Inputs Activity. The Nigeria Mission Director of USAID, Stephen Haykin, said...
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Aruna Quadri crashes out of ITTF World Cup

Aruna Quadri crashes out of ITTF World Cup

Aruna Quadri, African Table Tennis Champion, has crashed out of the ongoing International Table Tennis Federation (ITTF) World Cup in Liege, Belgium. Quadri suffered a 6-11, 7-11, 6-11, 7-11 loss to Japan’s Jun Mizutani in the Round of 16 on...
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