Business – Page 354 – City Business News

June 15, 2022 No Responses

Shippers’ Council Trains 501 Staff, Handles 518 Complaints In 2021

By Moses Ebosele, ebosele@hotmail.com — AS part of measures to boost capacity and efficiency, the Nigerian Shippers’ Council (NSC) between June 2021 and June 2022, trained no fewer than 501 staff. Speaking at an interactive session with Journalists on Tuesday in Lagos,...

June 15, 2022 No Responses

APM Terminals Apapa Seals MoU To Recycle Used Tyres

APM Terminals Apapa, Nigeria has signed a Memorandum of Understanding (MoU) with an indigenous firm, FREEE Recycle Limited, to recycle its used tyres. In December 2021, APM Terminals Apapa carried out a successful trial by using pavement blocks produced o...

June 15, 2022 No Responses

CBN, Bankers’ Committee To Unveil Non-Oil Export Optimisation Framework

The Central Bank of Nigeria (CBN) has developed a comprehensive non-oil export optimisation framework, which would be launched at its maiden summit on non-oil exports on June 16. The Director, Corporate Communications Department, CBN, Mr Osita Nwanisobi,...

June 15, 2022 No Responses

SON Tasks Aluminum Roofing Sheet Manufacturers On Standard Product

The Standards Organisation of Nigeria (SON) has called on stakeholders in the aluminum roofing sheet sector to adhere strictly to standard quality parameters during production.The Director-General of SON, Mallam Farouk Salim, made the call in Owerri during a s...

June 14, 2022 No Responses

FirstBank Gets $150m From Afreximbank To Support Businesses

African Export-Import Bank (Afreximbank) has disbursed $150 million to First Bank of Nigeria under it’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head, Marketing and Corporate Communications, FirstBank, Mrs Folake Ani-Mumuney, in a stateme...

June 14, 2022 No Responses

Osinbajo Urges Caution On Economic Sovereignty

Africa’s developmental aspirations can be actualised by deepening cooperation and collaboration with the rest of the world, Vice President Yemi Osinbajo has said. Osinbajo’s spokesman, Laolu Akande, in a statement on Monday explained that the vice pr...

June 13, 2022 No Responses

Oil Palm Investment: Edo Seeks Regional Collaboration

Edo State Government has called for regional collaboration to drive investment into sustainable oil palm production in Nigeria as part of strategies to lift Nigeria’s industrialization effort. Managing Director of the Edo State Investment Promotion Off...

June 13, 2022 No Responses

Host Community Applauds Presco’s Transparency, Support

By Moses Ebosele, ebosele@hotmail.com — Elders and Leaders of Evbuekpen Community, Ikpoba-Okha Local Government Area of Edo State, have commended the Managing Director of Presco Plc, Mr Felix Nwabuko for running an inclusive administration which has giv...

June 12, 2022 No Responses

NDIC Reiterates Commitment To Financial Stability

Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, has said the corporation would continue to monitor the banking sector to address challenges it might be facing. Hassan said this at a retreat for members of the Senate...

June 12, 2022 No Responses

Experts To Brainstorm On Nigeria’s Financial Inclusion Initiative At Oriental News Confab

Key stakeholders in Nigeria’s financial sector would engage in a robust round table discussion on governments key policy which centers around inclusive financial system that will cover all strata of the society. The experts drawn from key private s...

June 11, 2022 No Responses

FIRS Embarks On Nationwide Tax Compliance Campaign

The Federal Inland Revenue Service (FIRS) is to embark on a compliance exercise from July, 2022 on Value Added Tax (VAT) and Withholding Tax (WHT). The announcement is contained in a public notice signed by the FIRS Executive Chairman, Muhammad...

June 11, 2022 No Responses

Squad by GTCO: Reshaping the Nigerian Payment Space

Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency Without a doubt, digital payment is the next growth frontier for financial services. Amongst other...

June 11, 2022 No Responses

Opinion: The Blue Economy: An Untapped Potential

By Okai Abuwinne Anthony — The Blue Economy concept has gained prominence in the last decade. This can be attributed to the depleting resources of countries especially oil and gas and other solid minerals and the concomitant need for nations...

June 10, 2022 No Responses

Customs Hands Over N1.4b Drugs To NDLEA

The Nigeria Customs Service (NCS), Seme Command, on Thursday, handed over tramadol, cannabis sativa and other drugs to the operatives of the National Drug Law Enforcement Agency (NDLEA) in Seme, Lagos State. Speaking at a press briefing, the Customs Area...