Author: Citynews

The Kaduna State Government has approved the full relaxation of the 6pm to 6am curfew in all the 23 local government areas of the state. The lifting of the curfew takes effect immediately. Heads of security agencies have been notified of the development. In the meantime, vigorous patrols and security surveillance will continue. It is worth re-iterating that the Kaduna State Government and security agencies will not condone acts which may lead to a breakdown of law and order, in any guise. Citizens are encouraged to go about their lawful activities, and to report any observed threats, suspicious movements and…

Ogun State Governor, Prince Dapo Abiodun says the State, as an industrial hub of the country, will need an increase supply of electricity to unlock more of its economic potentials and attract more investors to the State.Governor Abiodun who stated this at the signing of a Memorandum of Understanding (MoU) between the State Government and a British Power Firm, Konexa, in his office at Oke-Mosan, Abeokuta, said as a leading industrial State, there was need for the State to have constant power supply at all times to serve existing companies and attract new ones.The Governor opined that there was a…

The Nigerian private sector experienced a positive start to the final quarter of 2020 with output and new orders both rising at a robust and accelerated pace. Firms continued to expand purchasing activity and employment in line with higher levels of new work. Sufficient capacity and higher staffing numbers led to another decline in the level of incomplete work. Companies remained optimistic about output in the year ahead, with many firms hoping to expand operations.On the price front, input costs rose, with higher wage and material costs linked to the latest uptick. Cost burdens were passed on to customers which…

The Ogun State Governor, Prince Dapo Abiodun has launched the State Youth Empowerment Scheme, OF-YES with a call on youth to key into the scheme to develop themselves for a secure future. Abiodun, who spoke while launching the scheme at the June 12 Cultural Centre, Kuto, Abeokuta, to mark this year’s National Youth Day with the theme, “Youth, Skills and Insecurity: Connection, Cost and Opportunities,” said the scheme would focus on training participants to become artisans, such as bricklayers, carpenters, welders among others. Participants, the Governor explained, would be selected from those already registered on the job portal and those…

Director, Public Affairs of the Ministry of Health, Tunbosun Ogunbanwo, says Lagos State Government may impose a new lockdown and return other measures if there is a recurrence of high cases of coronavirus in the state. Ogunbanwo on Tuesday stated this in a press statement titled, ‘Lagos calls for precautions against second wave of COVID-19’.The commissioner warned that “the continuous flagrant disregard of safety guidelines by citizens heralds’ danger and may lead to a second wave of new infections in Lagos”.Part of the statement read, “The Lagos State Government has once again stressed the need for residents to strictly adhere…

Ogun State House of Assembly has granted an approval to the request of the State Governor, Prince Dapo Abiodun to extend the tenure of the present 20 Local Government Transition Committee Chairmen and members by another period of three-months, with a call on the Governor to immediately constitute the State Independent Electoral Commission (OGSIEC) for the conduct of elections into the councils in line with the nation’s constitution. The approval followed the presentation of the report of the Committee on Local Government and Chieftaincy Affairs by its Chairman, Akeem Balogun, in respect of the request of the Governor for the…

Standard Bank is participating in the China International Import Expo (CIIE) this year for the third time, as it proves to be an invaluable platform for exposing African client businesses to opportunities in the world’s largest consumer markets. The third rendition of CIIE, to be held between November 5 and 10 in Shanghai, is one of the few international conferences to physically take place this year following the outbreak of COVID-19. “This sends a strong signal that China’s recovery is underway and reaffirms its position of open trade, which benefits the African continent, and is critical at a time when…

The Ogun State Ministry of Education, Science and Technology has found it expedient to clarify earlier statement on schools’ resumption, stating that the existing schedule remains. For the avoidance of doubt, all government primary and secondary schools will not resume full school hours until further notice. Rather all public schools will continue to have their classes in phases to avoid overcrowding and to help curtail the spread of the corona virus. A statement by the Hon. Commissioner for Education, Science and Technology, Prof Abayomi Arigbabu, said that while the staggered school system would be maintained, “additional hour has been added…

Nigeria’s leading innovative Bank, Wema Bank has shortlisted ten finalists to participate in the bootcamp for its 2020 Hackaholics (2.0) Accelerator Program slated for 16th November to 11th December, 2020. The finalists pooled from over five hundred applications were revealed during the two-day pitch program which took place virtually on Friday 30th and Saturday 31st of October 2020. The pitch program commenced with an opening remark by the Managing Director, Wema Bank, Mr Ademola Adebise, who commended the start-ups for their efforts and willingness to contribute to the growth of the Nigerian society. He said “We are very proud to…

As business conditions steadily improve and business confidence remains positive, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has urged Nigerians to maximise savings and investment opportunities available to them. The foremost financial institution has advised customers to be deliberate in achieving their savings and investment goals in order to access rewarding returns. While quoting the recent Purchasing Managers’ Index (PMI) report released by the Bank, Wole Adeniyi, Chief Executive, Stanbic IBTC Bank PLC, said that the moderate improvement of business activities after easing of restrictions related to the coronavirus, will enable income earners to confidently achieve…