Business – Page 355 – City Business News

June 10, 2022 No Responses

Coscharis Unveils Free Service Voucher Promo For Renault Customers

The foremost automobile dealer and sole representative of the Renault brand in Nigeria, Coscharis Motors have announced a free service voucher worth N150, 000.00 (one hundred and fifty thousand naira only) for every Renault vehicle purchased from the company. Making...

June 9, 2022 No Responses

Access Bank Acquires $37m Stake In Kenya’s Sidian Bank

Access Bank Holding Plc has concluded plans to acquire Kenya’s Sidian Bank Ltd., for N15 billion ($37 million). The bank disclosed this in a notice signed by Mr Sunday Ekwochi, Company Secretary of the bank, and made available on the....

June 9, 2022 No Responses

First Bank Trains 80 Women Entrepreneurs On Export

The Nigeria Export Promotion Council (NEPC) in collaboration with First Bank of Nigeria has commenced training of 80 women entrepreneurs in modern export skills in Sokoto State. The Head, Trade Promotion Advisor, NEPC, Sokoto Smart Office, Mr Ahmed Yahay...

June 9, 2022 No Responses

Nestle Partners Wecyclers To Rid Nigerian Environment Of Plastic Pollution

Nestle Nigeria and Wecyclers have put resources together to ensure that the Nigerian environment is rid of plastic pollution. Already, the two firms have put in place a strategy to eradicate waste plastics from the society in other to protect...

June 8, 2022 No Responses

Nigeria Targets 500,000t Of Cocoa Production By 2024

The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, has reiterated the commitment of the Federal Government to increase Nigeria’s cocoa production from the present 340,000 tonnes to 500,000 tonnes by 2024. A statement issued by Mr ...

June 8, 2022 No Responses

NEPZA, FIRS Sign MoU On Effective Tax Administration In Free Trade Zones

The Nigeria Export Processing Zones Authority (NEPZA) has signed a Memorandum of Understanding (MoU) with Federal Inland Revenue Service (FIRS) for effective administration of taxes in the free trade zones. Signing the MoU on Tuesday in Abuja, the Execut...

June 8, 2022 No Responses

FirstBank Partners ELOY Foundation To Empower Women Entrepreneurs

First Bank of Nigeria has brokered a partnership with ELOY Foundation to create a business shower initiative that will support female entrepreneurs. The bank made this known on Tuesday in a statement issued by Mrs Folake Ani-Mumuney, Group Head, Marketing...

June 8, 2022 No Responses

NIMASA Donates Relief Materials To IDPs, Security Equipment To Niger

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Tuesday donated relief materials to Internally Displaced Persons (IDPs) and security equipment to Niger State. The Director-General of NIMASA, Dr Bashir Jamoh, flagged off the distributio...

June 7, 2022 No Responses

TAJBank Explains N100b Maiden Sukuk Offering For Private Sector

TAJBank Limited, Nigeria’s leading non-interest bank, is set to launch Nigeria’s first private sector Sukuk offering valued at N100 billion. According to a statement by the bank’s Managing Director, Mr Hamid Joda, the Sukuk offering is currently un...

June 7, 2022 No Responses

Presco Tasks Oil Palm Stakeholders On Research, Smallholder Farmers

By Moses Ebosele, ebosele@hotmail.com — The Managing Director, Presco Plc, Felix Nwabuko, on Monday, appealed to Oil Palm Stakehoders and Government Agencies to support sustained research as part of measures to boost expansion and e...

June 6, 2022 No Responses

SEC Proposes Unique Identifiers For Capital Market Participants

To curtail fraud in the capital market and reduce the quantum of unclaimed dividends, the Securities and Exchange Commission (SEC) has concluded plans to give capital market participants unique identifiers. According to SEC, this formed part of ongoing...

June 6, 2022 No Responses

Shareholders Laud NASCON’s N2.97b Net Profit In 2021

National Salt Company of Nigeria (NASCON) Allied Industry Plc, a subsidiary of Dangote Industries (DIL) Ltd., recorded a net profit of N2.97 billion, while profit before tax rose from N3.9 billion to N4.3 billion for the year 2021. A statement issue...

June 6, 2022 No Responses

FRSC Deploys 1,500 Personnel, 35 Vehicles For APC Presidential Primary

The Corps Marshal, Federal Road Safety Corps (FRSC), Dr. Boboye Oyeyemi, has ordered the deployment of 1,500 personnel and 35 vehicles for the All Progressive Congress (APC) Presidential Primary Elections. A statement issued by the Corps Public Education...

June 6, 2022 No Responses

Mandilas Group Implores Medical Outreach Beneficiaries On Regular Check-Up

Mandilas Group Limited under the aegis of The John Basil Mandilas Foundation has concluded a two-day free medical outreach for employees and others within the company’s immediate community in Lagos Island East Local Council Development Authority (LCDA).&nbsp...