Frank Nneji, ABC Transport CEO Retires, Hands Over To Brother

Frank Nneji, ABC Transport CEO Retires, Hands Over To Brother

  By Moses Ebosele, ebosele@hotmail.com The Managing Director/ Chief Executive Officer of ABC Transport Plc, Frank Nneji has retired effective June 30, 2023. A notice to the Nigerian Exchange obtained by City Business News on Tuesday explained that Nneji, who founded the Company...
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CORAN Urges More Modular Refineries Investment In Nigeria

CORAN Urges More Modular Refineries Investment In Nigeria

As part of measures to improve oil and gas downstream, the Chairman, Board of Trustees, Crude Oil Refiners Association of Nigeria (CORAN), Captain Emmanuel Iheanacho has called for encouragement for greater investment in the establishment of modular refineries...
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SEC Explains Amendments To Rules On Shelf Registration

SEC Explains Amendments To Rules On Shelf Registration

The Securities and Exchange Commission( SEC) has exposed some Proposed amendments to rules on Shelf Registration and Pre-offer Waiting Period. SEC at the weekend explained  that the Sundry Amendments are being made to Rule 279(3) on Shelf Registration and...
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Prof. Lai Oso: Sudden Departure Of An Erudite Communicator

Prof. Lai Oso: Sudden Departure Of An Erudite Communicator

The Bible alludes in Ecclesiastes chapter 3and verses 1 and 2 that “to everything there is a season, and a time to every purpose under the heaven: A time to be born, and a time to die; a time to...
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SAHCO Promises Shareholders Enhanced Dividends In 2023

SAHCO Promises Shareholders Enhanced Dividends In 2023

The Chairman of Skyway Aviation Handling Company PLC (SAHCO), Dr Taiwo Afolabi, has promised better dividends for the shareholders of the company for the  current financial year ending Dec. 31, 2023. Afolabi gave the promise at the 13th Annual General...
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FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2

FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the f...
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Photo News

Photo News

L – R: Mr Abiona Babarinde, General Manager, Marketing and Corporate Communications, Coscharis Group; Mr. David Greene, United States Embassy Charge d’ Affaires for Nigeria; Mr. Josiah Samuel, Group Managing Director, Coscharis Group; Mr. Joseph Omokha...
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America’s 10 Richest People Worth More Than 106 Poorest Countries

America’s 10 Richest People Worth More Than 106 Poorest Countries

The concentration of wealth in the hands of a privileged elite has long been a subject of concern and scrutiny, with the gap between the poor increasingly widening. The impact of the gap is highlighted by the fact that the...
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Obaseki Assigns Portfolios To New Commissioners

Obaseki Assigns Portfolios To New Commissioners

The Edo State Governor, Mr. Godwin Obaseki, has approved the assignment of portfolios to the new Commissioners who were recently inaugurated as members of the Edo State Executive Council (EXCO). The governor had on Tuesday, June 13, inaugurated 15 new com...
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Agribusiness: Ecobank Restates Commitment To Youth Empowerment  

Agribusiness: Ecobank Restates Commitment To Youth Empowerment  

The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business ...
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FIRS Partners Market Traders Association On VAT Remittance From Informal Sector 

FIRS Partners Market Traders Association On VAT Remittance From Informal Sector 

The Federal Inland Revenue Service (FIRS) has partnered Market Traders Association of Nigeria (MATAN) as part of measures to collect and remit Value Added Tax (VAT) to the FIRS from markets, especially in the informal sector.   The Association which ...
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Photo News

Photo News

Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko (Middle), Chairman Lagos State Water Corporation, Engr. Mumuni Adekunle Badmos (left) and the Chairperson, Apapa Local Government Area, Hon. Idowu Sebanjo during the commissioning of the re...
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Italy Blocks Chinese Control Of Pirelli Tyre

Italy Blocks Chinese Control Of Pirelli Tyre

Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy’s government to protect Pirelli’s independence. Beijing-controlled chemical giant Sinochem ...
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IndiGo Places Order For 500 Airbus A320 Aircraft

IndiGo Places Order For 500 Airbus A320 Aircraft

Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft – the largest single purchase agreement by any airline in commercial aviation history. The deal, announced on the first day of the Paris Airshow, is worth roughly...
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