Business – Page 356 – City Business News

June 4, 2022 No Responses

Maritime Agencies Harp On National Single Window

Federal Government Agencies under the auspices of the Federal Ministry of Transportation (FMOT), have reached an agreement to digitalize their internal processes, while also maintaining focus on actualizing the National Single Window regime in the nation’s transportation sector. This agreement...

June 4, 2022 No Responses

NPA Boss Rolls Out More Infrastructure Development Agenda

As part of activities to mark his 100 days in office, the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko, on Friday, rolled out more infrastructure development agenda. Bello-Koko also dismissed report of an imminent co...

June 4, 2022 No Responses

Access Bank Reiterates Support For Entrepreneurs, Small Businesses

Access Bank Plc has pledged to fund entrepreneurs, and create market access for small businesses across the country. A statement by the Deputy Managing Director of the bank, Mr Victor Etuokwu, on Friday, said the bank remained resolute in its...

June 2, 2022 No Responses

Okomu Oil Tops Loser’s Table As Market Capitalisation Drop By 9billion

Bearish sentiment continued at the Nigerian stock market on Wednesday following sell-off in Okumu Oil and Fidelity Bank stocks. Specifically, the market capitalisation lost N9 billion or 0.03 per cent to close at N28.558 trillion from N28.567 trillion on...

June 1, 2022 No Responses

Market Capitalisation Loses N422b

The equities market settled lower on Tuesday as market capitalisation declined by N422 billion to close at N28.567 trillion from N28.989 trillion on Monday. The All-Share Index (ASI) also dipped by 1.45 per cent to 52,990.28 points from 53,772.14 points....

May 31, 2022 No Responses

Adeboye Inaugurates Premium Trust Bank

General Overseer of Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, on Monday, inaugurated a branch of Premium Trust Bank in Asaba, Delta State. The News Agency of Nigeria (NAN) reports that Adeboye, who was the Special Guest, w...

May 30, 2022 No Responses

2021: TAJBank Reports 433 Per Cent Increase In PBT

TAJBank Limited, the second non-interest bank, recorded more milestones in its second year of operations with its profit before tax (PBT) surging to N1.6 billion in FY2021, representing 433% improvement over the preceding year’s profit. This is even as...

May 30, 2022 No Responses

ICAN Award

Mrs Agatha Amajuoyi displaying her 30 Years Meritorious Service Award Plaque presented on Saturday by the Institute of Chartered Accountants of Nigeria (ICAN) in Lagos.

May 29, 2022 No Responses

FBNHoldings Declares N757b Revenue, N166.7b Profit Before Tax In 2021

For the year ended December 31st, 2021, FBN Holdings Plc has attained 28.2% increase in gross revenue to ₦757.3 billion and profit before tax of ₦166.7 billion, an increase of 99.9%.&...

May 28, 2022 No Responses

Market Capitalisation Recovers N504b

The key performance indicators of the Nigerian Exchange closed on Friday with 1.76 per cent growth amid gains in stocks of First Bank of Nigeria Holdings (FBNH), Airtel Africa, amongst others. Specifically, the market capitalisation inched higher by N504...

May 28, 2022 No Responses

Unity Bank To Empower More Underbanked Women Entrepreneurs With Yanga Product

Divisional Head, Retail, SME Banking and E-Business, Unity Bank Plc, Mr. Olufunwa Akinmade has explained that launching the Bank’s latest retail product called Yanga is to create a unique product proposition aimed at empowering the underbanked women entrepre...

May 27, 2022 No Responses

Customs Issues 14-Day Ultimatum To Companies To Pay Excise Duty

The Nigeria Customs Service (NCS) Lagos Industrial Command on Thursday gave companies not yet registered for payment of excise duty under its command 14-days to comply or face sanctions. Speaking at the Lagos Industrial Command stakeholders’ meeting in Lagos...

May 25, 2022 No Responses

CBN Disburses N1tri To Farmers

The Central Bank of Nigeria (CBN) has increased its funding and interventions in various sectors to boost economic growth. Governor of the CBN, Mr Godwin Emefiele, said this on Tuesday in Abuja while presenting a communique issued at the end of...

May 25, 2022 No Responses

Photo News

L-R: Abdulkadir Ahmed, Managing Director, NLNG Ship Management Ltd; Bala Wunti, GGM, NAPIMS; Philip Mshelbilia, MD/CEO, NLNG; Mele Kyari, GMD, NNPC; Adokiye Tombomieye, GED Upstream, NNPC; and Olalekan Ogunleye, Deputy MD, NLNG at the ongoing World Gas Congres...