Business – Page 258 – City Business News

August 9, 2023 No Responses

Zenith Bank, AfCFTA Sign $1m Smart Portal Trade Deal

Zenith Bank Plc, on Tuesday, signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) to build a smart portal for trade on the African continent. Under the arrangement, Zenith is to fund the single portal for trade...

August 9, 2023 No Responses

NPA Partners Agencies On Accelerated Import, Export

The Nigerian Ports Authority (NPA) is working closely with other government agencies such as Customs, Shippers’ Council and Nigerian Maritime Administration And Safety Agency (NIMASA) to ensure that imports and exports are cleared out of the port f...

August 9, 2023 No Responses

Firstbank Graduates More Senior Management Development Programme Participants

First Bank of Nigeria Limited has announced the graduation of 20 successful participants in the fourth edition of its Senior Management Development Programme (SMDP) at an event held recently at Oriental Hotel, Lagos. Before the 2023 graduation, the SMDP had...

August 8, 2023 No Responses

Nigeria To Remove Taxes On Tomatoes, Raw Food Items

The Federal Government will soon end taxes on tomatoes and other raw food items, Chairman, Joint Tax Board (JTB), Mr Muhammad Nami, disclosed on Monday. Nami stated this on Monday at the 153rd JTB meeting with theme: “Harmonisation and codification...

August 8, 2023 No Responses

Seplat Energy’s Gas Revenue Grows To $63.7m

Seplat Energy Plc has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022). This growth is attributed to increased realised gas prices and a rise in sales...

August 8, 2023 No Responses

Hard But Necessary Reforms, Imperative To Ramp Up Tax Revenues, Says Muhammad Nami, Chairman Joint Tax Board

For Nigeria to attain optimum tax revenue collection capacity across the Federal, States and Local Government tax authorities, the country must make hard but necessary reforms that would yield long term benefits. This was the position stated by the Chairman...

August 8, 2023 No Responses

Obaseki: No Plot To Impeach Deputy Governor

The Edo State Governor, Mr. Godwin Obaseki, on Monday, stated that there is no plan to impeach his deputy, Rt. Hon. Comrade Philip Shaibu. The governor, however, noted that the move by Shaibu seeking a court order to stop his...

August 8, 2023 No Responses

NAFDAC Gazettes Two Regulations On Fat, Oil

THE National Agency for Food and Drug Administration and Control (NAFDAC) says the body has gazette the reviewed Fats, Oil and Food containing Fats and Oil Regulation 2022, in a bid to safeguard the health of Nigerians. Prof. Mojisola Adeyeye...

August 8, 2023 No Responses

NLNG Holds Second Digital Communication Skills Workshop For Journalists

Nigeria LNG Limited has completed the second edition of its highly impactful 2023 #NLNGChangeYourStory workshop, aimed at equipping journalists with cutting-edge digital communication and social media skills.Acting Manager, Corporate Communications and Public ...

August 7, 2023 No Responses

Niger Republic Shuts Airspace

Niger’s coup leaders have closed the country’s airspace until further notice, citing the threat of military intervention from their neighbours. Flight tracking website Flightradar24 is showing that there are currently no aircraft in Niger’s s...

August 7, 2023 No Responses

Air Peace Deploys Flight To Antigua, Barbuda

West and Central Africa’s largest airline, Air Peace, has again achieved another milestone by being the first Nigerian airline to operate a nonstop, direct flight to Antigua and Barbuda in the Caribbeans. The airline’s Boeing 777 aircraft with Registra...

August 7, 2023 No Responses

Customs Boss Warns Against Compromise In Benin, Cameroon Borders

The Acting Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi, has warned against any compromise in Benin Republic, Cameroon and other borders following the closure of entries into Niger Republic.As a result of the military coup in Niger,...

August 6, 2023 No Responses

World Bank To Fund 1,000 Solar Power Grids In Nigeria

The World Bank is aiming to help fund construction of 1,000 mini solar power grids in Africa’s biggest economy Nigeria in partnership with the government and private sector, the lender’s president Ajay Banga said on Saturday. Nigeria, with a popula...

August 6, 2023 No Responses

All-New Hyundai Santa Fe Debuts

Hyundai Motor Company has revealed its radically transformed all-new SANTA FE. City Business News report that the fifth-generation midsize SUV carries forward its signature nature-meets-city appeal while implementing major updates shaped by big data around the...