Business – Page 351 – City Business News

July 3, 2022 No Responses

NIMASA Canvasses Stakeholders’ Collaboration On Security

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has called for stakeholders’ collective collaboration on security in the Maritime Sector. Dr Jamoh made the call at a one-day Sensitisation workshop organised by the Agency in collaboration...

July 3, 2022 No Responses

Ardova To File 2021 Audited Financial Statement

The Board and Management of Ardova Plc (Ardova), at the weekend, allay concerns over the recent suspension of trading of the company’s securities on the Nigerian Exchange Limited (NGX) over the late filing of its 2021 Audited Financial Statements. The....

July 3, 2022 No Responses

Calabar Port Complex Receives 72 Vessels In Five Months

Between the months of January and May 2022, Calabar Port received 72 Vessels. The Calabar Port Manager, Mr Festus Olumati, gave the figure on Saturday during the visit of the Managing Director, Nigerian Ports Authority (NPA) Mr Mohammed Bello-Koko...

July 2, 2022 No Responses

FMDQ Exchange Lists Presco’s N50b Bond

The FMDQ Securities Exchange Ltd has approved the listing of oil palm processing company, Presco Plc’s N50 billion bond on its platform. In a statement issued on Friday, FMDQ said: “Following the due diligence of the Exchange’s Board Lis...

July 2, 2022 No Responses

NCDMB Partners Shell, Exxon, NAOC On Oil & Gas Parks

By Moses Ebosele, ebosele@hotmail.com — Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian Agip Oil Company (NAOC) have made significant investments in suppor...

July 2, 2022 No Responses

NEPC Trains 45 Newly Registered Non-Oil Exporters

The Nigerian Export Promotion Council (NEPC) on Friday trained 45 newly registered non-oil exporters in Enugu State on export procedures documentation, certification and other needs. The Assistant Director, NEPC, Mrs Ngozi Ibe, said that ...

July 2, 2022 No Responses

Three Years After, Life Returns To Calabar Port

Calabar Port has returned to life three years after a ship berthed there, Prompting widespread joy and celebration. A general cargo vessel berthed at the port with 204 heavy-duty trucks, 22 cubic meters of mostly pipes, and other containers. Speaking...

July 2, 2022 No Responses

Apapa Customs Command Generates N522.4bn In Six Months

The Nigeria Customs Service (NCS), Apapa Area Command, has generated N522.4 billion in the first half of 2022. The Area Controller, Comptroller Malanta Yusuf, made this known at a news conference in Lagos on Friday. Yusuf said that the figure...

July 2, 2022 No Responses

NGX Suspends Ardova, Niger Insurance, C&I Leasing, Others

The Nigerian Exchange Limited (NGX) has suspended nine companies, effective Friday, 1 July 2022, having failed to file their Audited Financial Statements for the year ended 31 December 2021. The companies according to a statement from the NGX include Afr...

July 2, 2022 No Responses

First Vessel Berths At Lekki Deep Seaport

Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the commencement of operations of the 1.5 billion Lekki Deep Seaport arrived in Nigeria on Friday. The News Agency of Nigeria(NAN) reports that operations at the Deep Seaport are expected to...

July 1, 2022 No Responses

Sterling Bank Emerges Best Financial Institution As ACGSF Rewards Farmers

Sterling Bank was on Thursday named Best Participating Financial Institution for 2021 at the Agriculture Credit Guarantee Scheme Fund (ACGSF). The ACGSF, in an event in Abuja, also rewarded three Agriculture entrepreneurs who took loans and repaid ...

July 1, 2022 No Responses

Heirs Insurance Sponsors $30,000 Tony Elumelu Storytellers Fund

Africa No Filter, a donor collaborative working to transform stereotypical narratives of Africa has launched the Tony Elumelu Storytellers Fund of $30,000 sponsored by Hiers Insurance and Hiers Life Assurance for journalists and artistes. A statemen...

July 1, 2022 No Responses

Saraki: Onitsha River Port Will Generate Over N23b In 30 Years

The Onitsha River Port is positioned to generate over N23billion for the Federal Government in 30 years, the Minister of State For Transport, Gbemi Saraki, has said Saraki, during the signing of the concession of the port on Thursday in...

July 1, 2022 No Responses

Sanwo-Olu Approves Increase In BRT Fares

Lagos State Governor, Babajida Sanwo-Olu has approved an N100 increase in fares of the Bus Rapid Transit (BRT) on all routes. A statement issued on Wednesday by the spokesperson for Lagos State Metropolitan Area Transport Authority (LAMATA), Kolawole Ojelabi, ...