Business Archives — Page 20 of 562

February 2, 2025 No Responses

Access Bank Appoints Uche Orji As Non-Executive Director

Access Holdings Plc has appointed Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc, effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’). A statement sent to City Business...

February 1, 2025 No Responses

NCAA Revokes Eastwind Aviation, Omni-Blu Air’s Operator Certificates

The Nigeria Civil Aviation Authority (NCAA) on Friday revoked the air operator certificates of Eastwind Aviation Logistics Services Limited and Omni-Blu Aviation. In a post on its X handle, the NCAA said the move is part of efforts to “further sani...

February 1, 2025 No Responses

EFCC Arraigns 11 Chinese, One Filipino for Alleged Internet Fraud

The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Friday, January 31, 2025, arraigned 11 Chinese, one Filipino and a company, Genting International Co. Ltd, before Justice D.I. Dipeolu of the Federal High Court sitting in...

January 31, 2025 No Responses

Lassa Fever: Nigeria Records 39 Deaths, 214 Confirmed Cases

Between December 30, 2024 and January 19, 2025, Nigeria Centre for Disease Control (NCDC) and Prevention recorded 214 confirmed cases of Lassa fever and 39 deaths in 10 states across 43 local government areas. Also within the period, NCDC reported...

January 31, 2025 No Responses

Katsina Gov Visits NGX Group, To Leverage Capital Market Opportunities

Nigerian Exchange Group (NGX Group) hosted the Executive Governor of Katsina State, Dr. Dikko Umar Radda, CON, at the Exchange, marking a significant step toward advancing the state’s economic vision through capital market opportunities. The visit reaffirmed...

January 30, 2025 No Responses

Nigeria Secures $1.1b AfDB Loan

The Nigerian Government has secured a $1.1 billion loan from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026. According to Bayo Onanuga, Special Adviser to the President, (Information &amp...

January 30, 2025 No Responses

Coscharis Motors Resumes Tuition-Free Training Academy

Coscharis Motors has reopened its training academy for admission into its one year training programme in automobile technical engineering, which is free of all cost at its CG Eko, Ikeja outlet as part of its corporate social responsibility investment aimed...

January 30, 2025 No Responses

EFCC, NGX RegCo To Strengthen Partnership

NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nig...

January 29, 2025 No Responses

FG Generates ₦2.4b From Marriage Contracts In 2024

The Federal Government generated about N2.4 billion from marriage contracts via its marriage registry in 2024. The Minister of Interior, Olubunmi Tunji-Ojo, who disclosed this on Tuesday explained that the Federal Government planned to further strengthen...

January 29, 2025 No Responses

Photo News

The Managing Director/CEO, Nigeria LNG, Dr. Philip Mshelbila (5th from right), recently met with Authority Chief Executive (ACE) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed (4th from left) in...

January 29, 2025 No Responses

Access Bank Photo News

R-L: Roosevelt Ogbonna, Group Managing Director, Access Bank PLC; Tochi Wigwe, Daughter of Herbert Wigwe, former Group CEO, Access Holdings; Maame Saarah Buckman; Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC; Aigbovbioise Aig-Imoukhuede, Managing Dir...

January 29, 2025 No Responses

CBN To Commence Payment Of Forex Backlog

The Governor of the Central Bank, Olayemi Cardoso has disclosed that the forensic verification to clear all pending foreign exchange backlogs is now completed and payments will commence soon. Speaking during the launch of the foreign exchange code, Cardoso lam...

January 29, 2025 No Responses

DMO: Tinubu Inherited N87.38tri Debt

President Bola Tinubu’s administration inherited a total of N87.38 trillion debt upon assumption of office on May 29, 2023, the Debt Management Office (DMO) has disclosed. The DMO revealed the above in a bid to clarify recent media reports claimi...

January 29, 2025 No Responses

Nigeria Pledges 50% Renewable Energy

President Bola Tinubu has reiterated Nigeria’s commitment to achieving universal energy access by 2030, emphasizing the government’s target of increasing renewable energy to constitute 50% of the national energy mix. The President disclosed this during his...