Business – Page 350 – City Business News

July 7, 2022 No Responses

Tax Development: FIRS Boss Harps On Collaboration Among Regulatory Bodies

The Federal Inland Revenue Service (FIRS) has described collaboration among regulatory bodies as critical in deepening FIRS institutional framework through qualitative reporting and effective representation of their clients. Mr Muhammad Nami, the Executive Chairman of FIRS said this when he...

July 7, 2022 No Responses

FEC Approves N22b For NCDMB Conference Hostel Facility

The Federal Executive Council (FEC) has approved N22 billion for the construction of a conference hostel facility for the Nigeria Content Development and Monitoring Board (NCDMB). The facility is to be located opposite the NCDMB building in Yenegoa, the ...

July 7, 2022 No Responses

Global Think-Tank Hails Nigeria For Making Gulf Of Guinea Safer

Chattam House, a world-leading policy institute based in London, has praised the efforts of Nigeria and its military in making the Gulf of Guinea safer for operations. The Global think-tank gave the commendation on Wednesday in London during a meeti...

July 7, 2022 No Responses

FG Targets N720b in Q3 As DMO Unveil Bond Issuance Calendar

The Federal Government is set to generate about N720 billion in the third quarter of 2022 from FGN Bonds. This is according to “FGN Bond Issuance Calendar For Third Quarter, 2022” as released by the Debt Management Office (DMO). The...

July 7, 2022 No Responses

SAAF Pledges To Make Benue Oil Palm Hub

The Director of Agriculture Services, Sir Alex Addingi Foundation (SAAF), Mr Sam Agwa, has pledged the commitment of the foundation to make Benue an oil palm hub. Agwa made the promise during the signing of a Memorandum of Understanding between...

July 7, 2022 No Responses

Abia Awaits DMO’s Nod To Commence Work On Dry Port

The Commissioner for Transport in Abia State, Chief Godswill Nwanoruo, on Wednesday, said the state is awaiting the Debt Management Office’s (DMO) nod to start construction work at the Isiala Ngwa Dry Port.Nwanoruo disclosed this in an interview with the...

July 6, 2022 No Responses

NLNG, Seplat Proffer Solutions To Nigeria’s Gas Crisis

Stakeholders in the gas sector on Tuesday called for a holistic approach in fixing Nigeria’s gas crisis, especially with the lingering supply shortage and price increment. The stakeholders identified insecurity, naira depreciation and lack of a workabl...

July 6, 2022 No Responses

DMO Lists N250b Sovereign Sukuk on NSE, FMDQ

The Debt Management Office (DMO) has listed N250 billion Sovereign Sukuk on the Nigerian Exchange (NSE) Limited and the FMDQ Securities Exchange. The News Agency of Nigeria (NAN) reports that the N250 billion Sovereign Sukuk was issued in December 2021. ....

July 5, 2022 No Responses

DMO Lists Two FGN Savings bonds

The Debt Management Office (DMO) on Monday announced the listing of two FGN savings bonds for subscription for the month of July. It stated that the first is a two-year savings bond due on June 15, 2024, at an interest...

July 5, 2022 No Responses

Income Tax Returns: FIRS Extends Due Date For Companies

The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end...

July 5, 2022 No Responses

NPA Photo News

L-R: Executive Director, Engineering & Techical Services, Prof. Idris Abubakar, Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, Obong of Calabar, Edidem Ekpo Okon Abasi Otu V, Executive Director, Marine & Operations, Hon. Onari ...

July 5, 2022 No Responses

Agric, Fashion Entrepreneurs, Others Emerge Winners of Unity Bank N10m Corpreneurship Challenge Grant

Unity Bank Plc has doled out a N10 million business grant to 30 corps members who emerged the winners of the eighth edition of its flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge. The winners emerged after a busin...

July 5, 2022 No Responses

Union Bank Releases 2021 Citizenship, Sustainability, Innovation Report

Union Bank has released the 6th edition of its annual Citizenship, Sustainability and Innovation (CSI) report, which provides an update on the bank’s initiatives across environmental, social and economic areas during 2021. Like previous editions, this year...

July 4, 2022 No Responses

Customs Onne Port Command Generates N115.26b In Six Months

The Nigeria Customs Service (NCS), Port Harcourt Area ll Command, Onne Port generated N115.26 billion between January and June 2022. A statement issued by the spokesperson for the command, Mrs Ifeoma Ojekwu, quoted the Customs Area Controller, Mr Au...