Author: City BusinessNews

Ecobank Nigeria To Sustain SMEs Support, Grow Agency Banking Network In 2022
December 1, 2021 No Responses

Ecobank Nigeria To Sustain SMEs Support, Grow Agency Banking Network In 2022

Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has said the bank will continue to support Small and Medium Enterprises (SMEs), take banking to every Nigerian through its agency banking network. The bank’s digital services will also support industries that focus...
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NGX Drops Further By N12b
December 1, 2021 No Responses

NGX Drops Further By N12b

The Nigerian stock market ended trading for the month of November on Tuesday still on a bearish note with a loss of N12 billion.  Specificaly, the market capitalisation inched lower by N12 billion or 0.05 percent to close at N22.566...
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ANLCA Tasks FG On East-West Road Dualization
November 30, 2021 No Responses

ANLCA Tasks FG On East-West Road Dualization

The Association of Nigerian Licensed Customs Agents (ANLCA) has decried the effects of bad roads on ease of doing business in the southern part of Nigeria.  They, therefore, urged the Federal Government to speed up action on the East-west Road...
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NGX Records N20b Loss
November 30, 2021 No Responses

NGX Records N20b Loss

Trading in the domestic equities market started the week on Monday with negative sentiments following sell pressure in 20 stocks.  Speficially, the market capitalisation which opened at N22.598 trillion lost N20 billion or 0.09 per cent to close at N22.57...
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First Bank Holds Non-Oil Export Webinar Series
November 30, 2021 No Responses

First Bank Holds Non-Oil Export Webinar Series

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the convening of its non-oil export webinar series.    A statement sent to City Business News explained that the event is centere...
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Kia Displays Style, Strength At Abuja Auto Fair
November 30, 2021 No Responses

Kia Displays Style, Strength At Abuja Auto Fair

Kia Nigeria participated in the recently held 21st Abuja International Auto Fair. At the fair, the all-new 2021 made-in-Nigeria Kia models attracted the vast majority of visitors.    A statement sent to City Business News on Monday explaine...
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INEC Attains 4.4m Fresh Registrations
November 30, 2021 No Responses

INEC Attains 4.4m Fresh Registrations

The Independent National Electoral Commission (INEC)  has recorded 4,420,391 fresh registration in the ongoing Continuous Voter Registration (CVR) as of Monday, November 29, 2021.INEC disclosed this in a Weekly update on CVR for 2nd Quarter Week Eight on Mon...
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Sterling Bank Reiterates Support For Tourism
November 30, 2021 No Responses

Sterling Bank Reiterates Support For Tourism

Head, Tourism Department, Sterling Bank, Mrs Abiola Adelana,  says the bank has mapped out an initiative that would help bridge the gap in the tourism space and create more value for tour operators.  Adelana made this known during the 17th ...
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Lionel Messi Wins Record Seventh Ballon d’Or
November 30, 2021 No Responses

Lionel Messi Wins Record Seventh Ballon d’Or

Paris St-Germain and Argentina forward Lionel Messi won the Ballon d’Or – awarded to the best footballer of the year – for a record seventh time. Messi, 34, helped his country win the Copa America, his first international honour, and...
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Customs Intercepts N71m Cash
November 29, 2021 No Responses

Customs Intercepts N71m Cash

The Katsina State Command of Nigeria Customs Service (NCS) has intercepted a vehicle loaded with more than N71 million.    Briefing Journalists on Monday, Acting Controller at the command, Alhaji Dalhat Wada-Chedi, said: “We intercepted the mo...
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Biontech Announces Development Of Adapted Vaccine For Omicron Variant
November 29, 2021 No Responses

Biontech Announces Development Of Adapted Vaccine For Omicron Variant

The German vaccine manufacturer, Biontech, has announced that it is developing an adapted vaccine. The vaccine is to serve as a precautionary measure while simultaneously carrying out research on the nature of the new Omicron variant of the Coronavirus.  ...
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Nissan Targets 50% EV Sales, Budgets $17.6b
November 29, 2021 No Responses

Nissan Targets 50% EV Sales, Budgets $17.6b

Nissan Motor Company on Monday announced its plans to accelerate the electrification of its vehicle lineup and rate of technology innovation with investments of 2 trillion yen (USD 17.6 billion) over the next five years.    The Ja...
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Buhari Condoles With Cosmas Maduka, Family Over Wife’s Death
November 29, 2021 No Responses

Buhari Condoles With Cosmas Maduka, Family Over Wife’s Death

President Muhammadu Buhari has commiserated with the Founder and Chief Executive Officer of Coscharis Group, Dr Cosmas Maduka, over the passing of his wife, Charity, urging prayers for the family at the trying period.  In a condolence message released by....
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Ayade Suspends Calabar Carnival Over Insecurity, Omicron COVID-19 Variant
November 29, 2021 No Responses

Ayade Suspends Calabar Carnival Over Insecurity, Omicron COVID-19 Variant

Governor  Ben Ayade of Cross River has suspended the 2021 annual Calabar carnival due to insecurity and the outbreak of Omicron COVID-19 variant.  Mr Linus Obogo, Deputy Chief Press Secretary to Gov. Ayade, disclosed this in an interview with th...
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