yetty, Author at City Business News

June 5, 2023 No Responses

Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share

The shareholders of Ardova Plc, at a Court Ordered Meeting held in Lagos, on Wednesday, 31 May, 2023, approved the Scheme of Arrangement for the holders of its fully paid ordinary shares of 50 kobo each, subject to the approval...

June 5, 2023 No Responses

Elumelu: Africa Needs To Rethink Its Relationship With Business

Africa needs to rethink its relationship with business, foremost Nigerian industrialist and Chairman, Heirs Holdings Group, Tony Elumelu, has reinstated. According to Elumelu, “Africapitalism” means the private sector can transform Africa’s economy and s...

June 5, 2023 No Responses

NGX RegCo, ISSB, FRCN To Host Webinar On Sustainability Disclosure Standards

NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainability disclosure standards for companies as ...

June 5, 2023 No Responses

DNV: Biofuel Key To Maritime Decarbonisation

The flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. In its latest white paper “Biofuels in shipping,” classification society, DNV reported that the current...

June 5, 2023 No Responses

Unity Bank Grows Gross Earnings to N57Billion In 2022

Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended December 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021. ...

May 26, 2023 No Responses

Army Lauds NDDC, Pledges To Sustain Peace In Niger Delta

The Commanding Officer 29 Battalion, Nigerian Army, Port Harcourt, Lt. Colonel Aliyu Manga, has commended the Niger Delta Development Commission, NDDC, for co-operating with security agencies working in the Niger Delta region to ensure peace. Speaking during...

May 26, 2023 No Responses

Shipowners Implore UN Member State On Ambitious Course For 2050

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted detailed proposal for the next round of IMO negotiations set for July this year with the aim of increasing decarbonization tar...

May 26, 2023 No Responses

2023 Hajj: Air Peace Begins Airlift Of Nigerian Pilgrims

Air Peace has commenced the airlift of Nigerian pilgrims for the 2023 Hajj, a statement issued by the airline has revealed. The statement made available to City Business News on Friday explained that the airline will be airlifting the pilgrims...

May 25, 2023 No Responses

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022. This in addition to the N9 paid as interim dividend amounts to a total of...

May 23, 2023 No Responses

Tony Blair Visits Tinubu

Former United Kingdom Prime Minister, Tony Blair, on Tuesday, visited President-elect, Bola Tinubu. The president-elect, Asiwaju Bola Tinubu who disclosed this on his Twitter page on Tuesday said “I received former British Prime Minister and foun...

May 23, 2023 No Responses

KABIR MOHAMMED TAKES OVER AS FAAN MD

Kabir Yusuf Mohammed has resumed as the Managing Director/Chief Executive of the Federal Airports Authority of Nigeria. A statement sent to City Business News on Tuesday explained that this follows his appointment by the Federal Government after the expiration...

May 23, 2023 No Responses

Nestlé Appoints Oyebode Board Chairman

The Board of Nestlé Nigeria PLC has appointed Mr. Gbenga Oyebode as the new Chairman of the Board of Directors with effect from May 18, 2023. The appointment announced to shareholders and other stakeholders at the Annual General Meeting of.....

May 22, 2023 No Responses

661 Containers Lost At Sea, Says World Shipping Council

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. City Business News report that the report covers the year 2022, sho...

May 22, 2023 No Responses

MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS

The Minister of Transportation, Engineer Mu’azu Jaji Sambo, in Lagos at the weekend commissioned five enforcement boats and four ferries for staff of the Nigerian Maritime Administration and Safety Agency, NIMASA. Also commissioned were newly acqui...