Business Archives — City Business News

July 27, 2021 No Responses

Buhari Signs N982.7b Supplementary Budget Into Law

President Muhammadu Buhari on Monday signed the N982.7 billion supplementary budget for 2021 into law. The Presidency presented the budget to the National Assembly to address urgent security and COVID-19 needs of the nation. Malam Garba Shehu, the president’s Senior...

July 27, 2021 No Responses

Appeals Project Strengthens Capacity Building, Lists Benefit For 39,000 Nigerians

By Moses Ebosele, ebosele@hotmail.com — The National Project Coordinator, World Bank Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS),Alhaji Mohammed Sani Jobdi has pledged the commitment of t...

July 23, 2021 No Responses

NETCO Declares N18.02b Revenue, Shareholders Get N400m Dividend

For the year ended December 31, 2020, the National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has reported N18.02 billion revenue and profit before tax of N3.37 billion. Also, withi...

July 23, 2021 No Responses

National Assembly Lauds CAC Reform Initiatives

The National Assembly has commended the reform initiatives of the Corporate Affairs Commission (CAC) geared towards improving ease of doing business initiative of the Federal Government. A statement issued by CAC Head of Media Unit, Rashee...

February 4, 2021 No Responses

Experts Task CBN On Open Banking Regulation

Partner and Lead, Digital Transformation, KPMG, Mr Boye Ademola, on Wednesday called on the Central Bank of Nigeria (CBN) to initiate a policy on open banking in Nigeria to transform the sector. Ademola made the call during a virtual panel...

February 4, 2021 No Responses

SEC Nigeria Unveils New Rules, Amendments On Collective Investment Scheme

December 31, 2020 No Responses

KPMG Names Ecobank Nigeria Among Top Three In Customer Service Support To SMEs

Leading audit and professional services company, KPMG Nigeria, has ranked Ecobank Nigeria among the top three banks with good customer experience in the Small and Medium Enterprises (SME) segment. KPMG’s Nigeria banking industry customer experience...

December 28, 2020 No Responses

China Declares $7.77b Auto Export In November

China’s automobile imports and exports expanded further in November, according to data released by the China Association of Automobile Manufacturers (CAAM). Last month, the import and export volume of automobile commodities totaled 16.3 billion U.S. dollars,...

July 13, 2020 No Responses

Customs FOU Generates N17b In Six Months

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) raised Debit Notes of N17 billion between January and June 2020. In a statement on Sunday, the Acting Customs Area Controller of the unit, Usman Yahaya, explained...

March 3, 2020 No Responses

Sanwo-Olu Commissions UBA Business Office

The United Bank for Africa (UBA) has officially added a new touch point to its network. UBA operates in 20 African countries and in the United Kingdom, the USA and France. The new branch in Afriland towers on the Lagos...

December 3, 2019 No Responses

UAE Pledges To Deepen Bilateral Relations With Nigeria

United Arab Emirates (UAE) has expressed its readiness to deepen economic ties with Nigeria toward promoting investment and trade between both countries. Dr Fahad AL-Taffaq, the United Arab Emirates (UAE) Ambassador to Nigeria, made this known in his add...

August 29, 2019 No Responses

Foreign-Owned Businesses Attacked In South Africa

The Nigeria Union has advised Nigerians leaving in South Africa to avoid Pretoria Central Business District (CBD) until the Police Authority certify the area safe for foreign nationals. The Nigerian Union in South Africa (NUSA) gave the advice in the...

February 13, 2019 No Responses

Eterna Photo News

L – R shows Mr. Olumide Bolumole, Head, Listing Business Division, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mr. Mahmud Tukur, Managing Director/CEO, Eterna Plc during a Closing Gong Ceremony to commemorate its 30th y...

January 17, 2019 No Responses

N12m Toyota Rush Begins Sojourn In Nigeria

With a price tag of N12million, Toyota Rush Sports Utility Vehicle (SUV) is now available in the showroom of some Toyota Nigeria Limited (TNL) dealers. Available in 1.5lit engine, the new SUV is being positioned to tackle the growing influence...