Regulators Approve Access Bank Zambia Merger With African...
Access Holdings Plc has received final regulatory approval for the acquisition and merger of Access Bank Zambia and African Banking Corporation Zambia Ltd....
headlines
- Regulators Approve Access Bank Zambia Merger With African Banking Corporation - Access Holdings Plc has received final regulatory approval for the acquisition and merger of Access Bank Zambia and African Banking Corporation Zambia Ltd. The Company Secretary, Mr Sunday Ekwochi, explained in a statement on Friday, that the transaction would be completed in the third quarter of 2023. According to Ekwochi,...
- Bello-Koko: NPA Committed To Renovation Of Seafarers Centre - The Nigerian Ports Authority (NPA) has pledged to be involved in the renovation of the Mission to Seafarers (MTS) centre to ensure visiting seafarers have a befitting place. Mr Mohammed Bello-Koko, the NPA Managing Director, said this after inspecting the MTS centre to ascertain its depth of decay on Friday...
- Buhari Congratulates Louis Odion At 50 - President Muhammadu Buhari has congratulated famous journalist and writer, Louis Odion as he marks his 50th birthday, describing him as an indisputable journalism icon. The president’s congratulatory message is contained in a statement by his spokesman, Malam Garba Shehu, on Friday. According to the president, in a country as diverse...
- SON Task Stakeholders On Quality, Safe Products - The Standards Organisation of Nigeria (SON) on Thursday in Ibadan, Oyo State engaged relevant stakeholders dealing in electrical/electronic products on the need to ensure production of quality and safe products. The News Agency of Nigeria (NAN) reports that the sensitisation engagement was held at PentonRise Event Hall, Bodija, Ibadan. In...
- Benin Port Project: NPA, Edo To Dredge Channel - As part of measures to ensure the realisation of the Benin Port Project, the Nigerian Ports Authority (NPA) and the Edo State Government will facilitate the dredging of a river channel to connect the Port to the sea. This is contained in the Request for Qualification document published to invite...
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2023
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Buhari Congratulates Louis Odion At 50
Bello-Koko: NPA Committed To Renovation Of Seafarers Centre
The Nigerian Ports Authority (NPA) has pledged to be involved in the renovation of the Mission to Seafarers (MTS) centre to ensure visiting...
Buhari Congratulates Louis Odion At 50
President Muhammadu Buhari has congratulated famous journalist and writer, Louis Odion as he marks his 50th birthday, describing him as an indisputable journalism...
SON Task Stakeholders On Quality, Safe Products
The Standards Organisation of Nigeria (SON) on Thursday in Ibadan, Oyo State engaged relevant stakeholders dealing in electrical/electronic products on the need to ensure production of quality and safe products. The News...
NPA Remittance To Federation Account Hits N91b
The Nigerian Ports Authority (NPA) remittances to the Consolidated Revenue Account (CRA) of the Federal Government have increased from N80 billion to N91 billion in the last one year. The increase in remittance is coming...
Buhari Wishes Muslim Faithful Happy Ramadan
President Muhammadu Buhari has sent best wishes to Muslims as they commence 30 days of Ramadan fasting, urging that they use the season “to project the best and finest virtues of Islam by personal conduct, and not prec...
CATA Tasks Tax Administrators On Global Technological Advancements
Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves with the necessary skills, capacity and character for effective and efficient tax admini...
EFCC Steps Up Action Against Vote Buying, Deploys Teams
The Economic and Financial Crimes Commission (EFCC) has deployed its personnel across the states where Governorship and State Assembly elections will take place on Saturday. The EFCC Spokesperson, Wilson Uwujar...
Regulators Approve Access Bank Zambia Merger With African Banking Corporation
Access Holdings Plc has received final regulatory approval for the acquisition and merger of Access Bank Zambia and African Banking Corporation Zambia Ltd. The Company Secretary, Mr Sunday Ekwochi, explained in a stateme...
FirstBank Announces Management Associate Programme Application
First Bank of Nigeria Limited has announced call for participation in the third season of its FirstBank Management Associate Programme (FMAP). Interested participants are required to submit their application ...
Stock Market Investors Lose N16b
Investors at the stock market of the Nigerian Exchange Ltd. (NGX) on Monday lost N16 billion due to sell-offs in medium and largely capitalised stocks. The NGX All Share Index (ASI) decreased by 29.35 basis points or 0.0...
Market Capitalisation Down By N313b
The equity market, on Thursday, extended its losing streak for the fifth successive session as the market capitalisation decreased by N313 billion due to investors’ continued profit-taking. The All Shar...
Presco Bags Company Of The Year Award
Presco Plc has emerged winner of the year 2022 company of the year award in recognition of its c contribtions to the agricultural sector in Nigeria.. Speaking at the 2023 Investors’s summit held o...
Bello-Koko: NPA Committed To Renovation Of Seafarers Centre
The Nigerian Ports Authority (NPA) has pledged to be involved in the renovation of the Mission to Seafarers (MTS) centre to ensure visiting seafarers have a befitting place. Mr Mohammed Bello-Koko, the NPA Managing Direc...
Benin Port Project: NPA, Edo To Dredge Channel
As part of measures to ensure the realisation of the Benin Port Project, the Nigerian Ports Authority (NPA) and the Edo State Government will facilitate the dredging of a river channel to connect the Port to the sea. &nb...
Expanding Growth At NPA
The appointment of Mohammed Bello-Koko as the Managing Director of the Nigerian Ports Authority (NPA) has changed the Nigerian seaports narrative. Before now, Nigerian ports have been described as the most expensiv...
Firm Invests $200m In Maritime Leasing Platform
Costamare, Monaco-based owner and provider of containerships and dry bulk vessels for charter, has invested $200 million in Neptune Maritime Leasing Limited, becoming the leading investor in the growth-oriented maritime ...
CRFFN Inaugurates ANLCA Board
The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) on Wednesday inaugurated an eight-man Board of Trustees (BoT) for the Association of Nigerian Licensed Customs Agent (ANLCA). The inauguration of th...
Kia Reveals Electric Flagship SUV
Kia Corporation on Wednesday revealed full images of the exterior and interior design of the Kia EV9, its first three-row electric flagship Sports Utility Vehicle (SUV), which encapsulates bold styling and sophisticated ...
Kia Niro, EV6 GT Make Top Three Finalists In World...
Two Kia models have been selected as a top three finalist in two categories for the 2023 World Car Awards. A statement sent to City Business News explained that the Kia Niro has earned a position among the top three fina...
GAC MOTOR UNVEILS New Brand Technology
GAC MOTOR has officially released its new brand technology-themed KV and TVC. City Business News report that the release of the new brand theme of technology is dedicated to conveying the brand’s core value and b...
Geely Launches New Premium Product Series
Geely Auto Group has launched a new high-end electrified product series, Geely Yinhe at a flagship event in Hangzhou. Information obtained by City Business News explained that the first car from the Geely Yinhe range, th...
Hyundai Begins EV Production In US
Hyundai Motor has commenced production of an electric vehicle (EV) in the US in response to the US Inflation Reduction Act (IRA), which allows no subsidies for imported EVs. Already, the South Korean carmaker has assembl...
NLNG Joins U.N. Group To Reduce Methane Emissions, Pursues Decarbonisation
Nigeria LNG Limited (NLNG) has joined the Oil and Gas Methane Partnership (OGMP 2.0), a partnership coordinated by the United Nations Environment Programme (UNEP) to reduce methane emissions and improve the accuracy and ...
Oil Edges Up On Historic Swiss Banks Deal
Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world’s largest central banks sought to reassure and stabilise global financia...
Shell Lifts Force Majeure On Bonny Light Crude Exports
The Shell Petroleum Development Company of Nigeria Ltd., (SPDC), operator of the SPDC joint venture, has lifted the force majeure on Bonny export programme with effect from March 15, 2023. Mrs Bola Essien-Nelson, the Med...
OPEC Raises Chinese Oil Demand Growth Forecast
The Organization of Petroleum Exporting Countries (OPEC) on Tuesday further raised its forecast for Chinese oil demand growth in 2023 due to the relaxation of the country’s COVID-19 curbs, although it left the global t...
Edo Refinery Orders 150,000 Barrels Of Crude
The Edo Refinery has placed an order for the supply of 150,000 barrels of crude from Decklar Resources Inc and Millennium Oil and Gas Company. The refinery was developed by the Edo Refinery and ...
Photo News
Left—Right: Senior Manager, Securities And Exchange Commission (SEC), Egbuniwe Obinna; Media Consultant, Presco Plc, Moses Ebosele; Vice Chairman, Proactive Shareholders Association Of Nigeria (PROSAN), Oladejo Owolabi...
Photo News
L – R: Alhaji Sulyman Bello, Representative of Lekki Estates Residents and Stakeholders Association; ACP Olajide Agboola, Area Commander, Area J; Chief (Mrs) Odetoyinbo Feyisara, Founder of Moral Rearmanent NGO; Ol...
NIMASA Photo News:
The Nigerian Maritime Administration and Safety Agency (NIMASA) participated at the International Maritime Organisation (IMO) 7th Green Shipping Conference with the theme “Unlocking Opportunities for Green Sh...
NSIB Investigates Lagos Train Accident
By Citybusinessnews@yahoo.com The Nigerian Safety Investigation Bureau (NSIB) has commenced investigation into an accident involving a train with registration number 2215 and a Lagos...
Customs Arrest Forged Clearing Documents Syndicate
The Nigeria Customs Service (NCS), Federal Operations Unit Zone A, has arrested a two-man syndicate that specialises in forging Customs clearing documents. The...
NDLEA Intercepts 778,190 Pills Of Tramadol, Others
The National Drug Law Enforcement Agency (NDLEA) has Intercepted 778,190 pills of pharmaceutical opioids including tramadol from suspects in Taraba and other states....
CBN Disburses N12.65b Agric Intervention Fund
The Central Bank of Nigeria (CBN) has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme from January till date. The CBN Governor, Mr Godwin Emef...
Presco Bags Company Of The Year Award
Presco Plc has emerged winner of the year 2022 company of the year award in recognition of its c contribtions to the agricultural sector in Nigeria.. Speaking at the 2023 Investors’s sum...
Poultry Association Laments Rising Cost Of Eggs
The Poultry Association of Nigeria (PAN) has blamed the hike in the price of eggs on cash scarcity and the rising cost of raw materials. The News Agency of Nigeria (NAN) reports that the cost of a crate of eggs...
SSANU Tasks FG On Varsities Outstanding N50b Earned Allowances
The Senior Staff Association of Nigerian Universities (SSANU) has urged the Federal Government to pay the N50 billion outstanding Earned Allowances to universities and Inter-University Centres in the country. T...
Shutting Down All Nigeria Varsities Over Elections Illegal, Inappropriate, Says...
Legal luminary and founder of Afe Babalola University, Ado-Ekiti, ABUAD, Chief Afe Babalola, SAN, has condemned the closure of all universities in Nigeria by the Federal Government over the general elections.&n...
VC Inaugurates UNICAL Radio
Vice Chancellor of the University of Calabar, Prof. Florence Obi, has formally inaugurated the Radio Unical International 103.5 FM. Radio Unical International is a dedicated terrestrial/digital Frequency ...