yetty, Author at City Business News

March 5, 2024 No Responses

Ghana Suspends GTB, First Bank’s Forex Licences

Citing various breaches of foreign exchange market regulations,the Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited.The suspension takes effect from March 18, 2024, for one...

March 3, 2024 No Responses

Experts Propose Advancing AfCFTA Implementation As Theme Of Next Conference Of Ministers

The next Economic Commission for Africa Conference of African Ministers of Finance, Planning and Economic Development (COM2025) will be held in Ethiopia in March 2025. A statement issued on Sunday explained that at the closing of the Experts Segment of...

March 3, 2024 No Responses

FG Approves 90-Day Window For Payment Of Duty On Improperly Imported Vehicles

To enhance compliance and streamline import processes, the Nigeria Customs Service (NCS), under the directive of the Minister of Finance and Coordinating Minister of the Economy, has announced a 90-day window for regularizing import duties on specific ca...

March 2, 2024 No Responses

Africa Prudential Appoints Catherine Nwosu CEO

Africa Prudential Plc, the pioneering registrar listed on the Nigerian Exchange Group (NGX Group), has announced a historic leadership transition. Effective March 1, 2024, Catherine Nwosu will become the company’s first female Chief Executive Offic...

March 1, 2024 No Responses

CBN Revokes Operational Licenses Of 4,173 BDCs

The Central Bank of Nigeria (CBN), in exercise of the powers conferred on it under the Bankand Other Financial Institutions Act (BOFIA) 2020, Act No. 5, and the Revised OperationalGuidelines for Bureaux De Change 2015, has revoked the licenses of...

March 1, 2024 No Responses

Owerri Customs Impounds N5.35b Contrabands In 2023

Between January and December, 2023, the Nigerian Customs Service (NCS), Federal Operations Unit (FOU), Zone C, Owerri, recovered N5.5billion from smugglers and fraudulent importers. A statement on Friday explained that the unit intercepted contraband from smug...

March 1, 2024 No Responses

NPA Photo News:

February 28, 2024 No Responses

Air Peace Unveils London Flight Fares, Offers Return Economy For N1.2m

Air Peace has gone live with its flight schedules for its London service billed to commence on March 30, 2024, with unbeatable fares. The airline disclosed this on Wednesday, February 28, 2024, in a press statement obtained by City Business...

February 23, 2024 No Responses

NESG, ACF Partner To Boost Nigeria’s Energy Transition, Carbon Finance Market

The Nigerian Economic Summit Group (NESG) in partnership with the African Climate Foundation (ACF), held a private sector stakeholder engagement to strengthen public-private collaboration to implement Nigeria’s energy transition plan and develop the carb...

February 22, 2024 No Responses

NPA Photo News

February 19, 2024 No Responses

Ardova’s Ijora Terminal Begins Operations In March

Ardova Plc’s (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024.Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the facility by the Nigerian Midstre...

February 16, 2024 No Responses

NADDC, Osun Reiterate Mechatronics Training Partnership

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin has reiterated the Council’s commitment for more productive collaboration with Osun State Government.Osanipin made the remark on Thursday duri...

February 15, 2024 No Responses

NADDC Partners Bosch Africa On Components Manufacturing, After- Sales,Others

As part of measures to promote development of automotive industry in Nigeria, the National Automotive Design and Development Council (NADDC) has engaged Bosch Africa on strategic partnership to boost investment in the local auto industry. Speaking at the...

February 13, 2024 No Responses

Segun Awolowo Mourns Ogunbanjo

It is with a heavy heart that I write these words to bid farewell to my dear brother, Abimbola Ogunbanjo who met his untimely demise on Saturday 10th February, 2024.The news of his sudden departure has left me shattered, unable...