City BusinessNews, Author at City Business News

February 9, 2022 No Responses

Insurance Industry Generates N508b Premium In 2021, Pays N224b Claims

The Chairman, Nigerian Insurers Association (NIA), Mr Ganiyu Musa, on Tuesday said the insurance industry generated N508 billion Gross Premium in 2021, out of which N224 billion was paid as claims. Musa, who said this at a news briefing in...

February 9, 2022 No Responses

FRSC Warns Against Selling Vehicles With Number Plates

The new Federal Road Safety Corp’s (FRSC) Sector Commander in Cross River State, Mrs Elizabeth Akinlade, has warned Nigerians against selling their vehicles with number plates. Akinlade gave the warning when she paid a courtesy visit to the Nigerian Union...

February 9, 2022 No Responses

FirstBank Lauds JAN On Nobel Peace Prize Nomination

FirstBank Nigeria Ltd. has applauded Junior Achievement Worldwide (JA Worldwide) for its nomination for the 2022 Nobel Peace Prize. A statement issued on Tuesday described JA Worldwide as the parent body of Junior Achievement Nigeria (JAN) and othe...

February 9, 2022 No Responses

NPA Boss: Skills Acquisition, Manpower Development Key Focus In 2022

The Acting Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, says skills acquisition and manpower development are among the main areas of focus for the authority in 2022. Bello-Koko made this known during a courtesy visit to him ...

February 9, 2022 No Responses

INEC Records 5,560,093 Fresh Registration

The Independent National Electoral Commission (INEC), says fresh registrants in the ongoing nationwide Continuous Voter Registration (CVR) has hit 5,560,093 as at 7a.m. of February 7, 2022. The commission disclosed this at the Quarter three, week five up...

February 8, 2022 No Responses

FG Lists $4b Eurobonds On FMDQ Exchange

FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria’s four billion dollars Eurobonds under its global medium-term note programme on its platform. This is contained in a statement by FMDQ Exchange made available ...

February 8, 2022 No Responses

ENL Consortium Facilitates Vaccination Of 600 Dockworkers

A terminal operator, ENL Consortium, has facilitated the vaccination of over 600 dockworkers working at its terminal. The Executive Vice Chairman, ENL Consortium, Mrs Vicky Haastrup, explained in a statement on Monday that it was part of its resolve to.....

February 8, 2022 No Responses

GTCO Acquires Wealth Management Firm

Guaranty Trust Holding Company Plc (GTCO Plc) has acquired 100 per cent shares in Investment One Funds Management Limited, a wealth management company. GTCO in a notice signed by Erhi Obebeduo and sent to the Nigerian Exchange Limited on Monday,...

February 8, 2022 No Responses

Hyundai Santa Fe Gets Large SUV Award

The Hyundai Santa Fe has been hailed ‘Large SUV of the Year’ in the prestigious 2022 What Car? of the Year Awards. The What Car? judges also named the Hyundai i10 ‘Best Small Car for the City’ and the Hyundai TUCSON...

February 8, 2022 No Responses

Fidelity Bank Boosts Rice Value Chain, Facilitates Disbursement Of N34b

Fidelity Bank has facilitated the disbursement of over N34 Billion indirect credit to players in the Nigerian rice value chain. A statement sent to City Business News explained that the bank’s interventions in recent years have helped to unloc...

February 8, 2022 No Responses

S/Court Fixes May 6 For Judgment In Imo, Rivers Legal Tussle Over Oil Wells

The Supreme Court on Monday fixed May 6 for judgment in a legal tussle between Rivers and Imo over the ownership of 17 oil wells in their territories. Justice Olukayode Ariwoola, who led a six-man panel of justices, fixed the date...

February 7, 2022 No Responses

Edo Tasks CITN On Expansion Of Frontiers

Edo State Governor, Godwin Obaseki has tasked the Chartered Institute of Taxation of Nigeria (CITN) to be proactive toward expanding the frontier of taxation development in the country. Obaseki gave the charge at the CITN 40th Anniversary Dinner on Satur...

February 7, 2022 No Responses

APM Terminals Apapa Graduates 175 Lean Practitioners

One hundred and seventy-five (175) employees of APM Terminals Apapa have graduated as Lean Practitioners since the start of the Lean Academy in 2019. Lean thinking is a transformational framework that provides a new way to organising human activities to....

February 7, 2022 No Responses

Ecobank Nigeria Expands Agency Banking Locations To 50,000

Ecobank Nigeria says its vision to use its agency banking scheme to drive financial inclusion is fast yielding fruits as it now has over 50,000 agents locations across the country. According to the bank, apart from helping to drive its...