Business News Archives — Page 23 of 48

August 12, 2020 No Responses

Poultry Farmers Seek FG, Oyo Govt’s Intervention To Save Industry

The Poultry Association of Nigeria (PAN), Oyo State branch has sought the intervention of the Federal and State government to save the poultry industry from collapse. Mr Gbemisoye Agboola, the PAN Chairman made the call on Tuesday during a news...

August 11, 2020 No Responses

FG Approves Last Evacuation Flight From U.S.

The Federal Government has approved the ninth and last evacuation flight for Nigerians stranded in the United States due to COVID-19 travel restrictions. The Consul General of Nigeria in New York, Mr Benaoyagha Okoyen, announced this in a statement dated...

August 11, 2020 No Responses

Report: Drivers Who Keep Windows Down Exposed To 80 Per Cent More Air Pollution

Car users from the world’s least affluent cities are exposed to a disproportionate amount of in-car air pollution because they rely heavily on opening their windows for ventilation, finds a first-of-its-kind study from the University of Surrey.According ...

August 10, 2020 No Responses

Heritage Bank Partners CBN On Improved Investment, Job creation

Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investments and job creation. A statement issued at the weekend explai...

August 9, 2020 No Responses

ExxonMobil Nigeria Appoints Richard Laing CEO

ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria with effect from August 1, 2020. Manager, Media and Communications, ExxonMobil, Mr Ogechukwu Udeagha, confirmed the dev...

August 7, 2020 No Responses

Yobe, Firm Seals N2.6b Nguru Modern Market Contract

The Yobe State Government and ADAF BML, have signed a contract worth N2.6 billion for the construction of Nguru Modern Market. The state Commissioner, Commerce, Tourism and Industry, Alhaji Barma Shetima, made the disclosure in an interview with the News...

August 7, 2020 No Responses

FirstMonie Network Records N6tri Transactions

First Bank of Nigeria Ltd processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr Adesola Adeduntan, FirstBank Chief Executive Officer, disclosed this on Thursday, at the bank’s FinTech Summit 4.0 webinar in Lagos....

August 6, 2020 No Responses

NEPZA Mulls Incentives, Loans For Firms In Free Trade Zones

Nigeria Export Processing Zones Authority (NEPZA) is considering incentives and loans for enterprises operating in Free Trade Zones (FTZ) in the country. Managing Director of the Agency, Prof. Adesoji Adesugba stated this in an interview with the News Agency o...

August 4, 2020 No Responses

Custodian To Acquire 51% Stake In UPDC

The Custodian Investment Plc has signed a binding agreement with UAC of Nigeria Plc to purchase 51 per cent equity interest in UACN Property Development Company (UPDC) Plc. In a statement posted on the Nigerian Stock Exchange (NSE) website on...

August 3, 2020 No Responses

Bajaj Keke Partners With Stallion Group To Attain Market Dominance

Foremost conglomerate in Nigeria, Stallion Group recently emerged sole representative of Bajaj in Nigeria. In this interview, Managing Director, Stallion Auto KeKe Ltd, Mr. Manish Rohtagi bares his mind on the Bajaj brand, growth agenda, after-sales, network e...

August 2, 2020 No Responses

Oyo Defends N100b Bond

Oyo State Deputy Governor, Alhaji Rauf Olaniyan, on Saturday said the state government’s decision to finance developmental projects through borrowings was in order. Speaking during an interactive session with Journalists in Ibadan, Olaniyan explained that su...

July 31, 2020 No Responses

NEPZA Partners Firm On Agric Special Economic Zone

The Nigeria Export Processing Zones Authority and Nigeria’s first Digital Agriculture Platform, Farmcrowdy, are discussing options for the establishment of an Agriculture Special Economic Zone for Nigeria. In a statement on Thursday, Managing Director ...

July 31, 2020 No Responses

Minister Lauds Seplat, Explains Cost Containment In Oil, Gas Industry

The Federal Government has embarked on industry-wide cost containment measures to strengthen the oil and gas sector in order to cushion the effect of COVID-19 pandemic on the economy. Mr Timipre Sylva, the Minister of State for Petroleum Resources, said...

July 31, 2020 No Responses

Revamped National Theatre To Create 8,000 Jobs On Completion

The National Arts Theatre handed over to the Central Bank of Nigeria (CBN) for rehabilitation, will generate no less than 8000 jobs upon completion, the Minister of Information and Culture, Lai Mohammed has said. . The minister stated this on ...