Business Archives — Page 147 of 566

September 2, 2023 No Responses

Keyamo: Lagos Accounts For 60 Per Cent Of FAAN’s Revenue

Minister of Aviation and Aerospace Development, Festus Keyamo has expressed the Federal Government’s desire to optimize the generating capacity of the Federal Airport Authority of Nigeria (FAAN). Speaking during the facility visit of the Lagos Airport, Keyamo said 60 per...

September 1, 2023 No Responses

Ardova CEO, Olu Adeosun, Resigns

By Moses Ebosele, ebosele@hotmail.com — Ardova Plc has announced the resignation of its Chief Executive Officer (CEO), Olu Adeosun with effect from August 31, 2023. In a statement sent to City Business News, the company explained that...

September 1, 2023 No Responses

NGX To Partner LCCI On Private Sector Advocacy, Listings

Nigerian Exchange Limited (NGX) has expressed its eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing capacity development for both chamber members and the broader e...

September 1, 2023 No Responses

Dana Air Recruits, Trains More Nigerian Pilots, Engineers

As part of its strategic expansion of flights and fleet in the coming months, Dana Air has recruited and trained more eminently qualified Nigerian Pilots, Engineers and Flight Dispatchers. Speaking on the recruitment drive, the Chief Operating...

August 31, 2023 No Responses

Lagos State Pays N2.017b To 644 Retirees

LAGOS State Government paid N2.017 billion as retirement benefits to 644 of its retirees on Wednesday. Director-General, Lagos State Pension Commission, (LASPEC) Mr Babalola Obilana, disclosed this at the 101st batch Retirement Bond Certificate presentation fo...

August 31, 2023 No Responses

Blue Line Rail Commercial Operations Begin Monday

THE Lagos State Government says it will begin passenger operations on the Blue Line Rail on Monday, September 4, 2023. The Managing Director, Lagos State Metropolitan Area Transport Authority (LAMATA), Mrs Abimbola Akinajo, made this known on Wednesday at Mari...

August 31, 2023 No Responses

Reps Summon Insurance Firms Over Unremitted N267b Workers’ NHF

THE House of Representatives Ad hoc committee investigating non-remittance to the National Housing Fund (NHF) and utilisation of the funds from 2011 has summoned concerned Chief Executive Officers (CEOs) of insurance companies. This is to explain the reason fo...

August 31, 2023 No Responses

NSC, PEBEC, Others Brainstorm On Exports Of Agro Products Bottleneck

The Nigerian Shipper’s Council (NSC) in collaboration with the Presidential Enabling Business Environment Council (PEBEC) and some key stakeholders, recently, held a brainstorming session on how to tackle agro export bottleneck. According to the Execut...

August 31, 2023 No Responses

Man City Agree £47.3m Nunes Deal With Wolves

Manchester City have reached a verbal agreement with Wolves over a £47.3m deal to sign midfielder Matheus Nunes. The deal for the 25-year-old has not been formally agreed yet but if completed, there will be no add-ons. City had a previous...

August 30, 2023 No Responses

JTF Arrest Vessel, 10 Crew Members

THE Joint Task Force Operation Delta Safe (OPDS), on Tuesday arrested an oil vessel MV Ofuoma and 10 crew members conveying alleged illegally refined petroleum products in Rivers. The Component Commander OPDS, Commodore John Siyanbade, who represented the OPDS...

August 30, 2023 No Responses

Tinubu Appoints New NDDC Board, Management

August 30, 2023 No Responses

Zenith Bank Appoints Juliet Ehimuan As Non-Executive Director

The Board of Directors at Zenith Bank Plc has appointed Dr. Juliet Ehimuan as Non-Executive Director of the bank. A notice to the Nigerian Exchange signed by Company Secretary, Michael Osilama Otu said: “The Board of Directors of Zenith Bank Plc...

August 29, 2023 No Responses

Nigeria Ends Borrowing

The Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation. The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this...

August 29, 2023 No Responses

GOCOP Visits Acting Customs CG

The Guild of Corporate Online Publishers has visited the acting Comptroller General of Nigeria Customs Service, CG Adewale Adeniyi, in Abuja as part of preparations for its Annual General Conference. The GOCOP team was led on the visit to the CG by.....