Business – Page 361 – City Business News

April 28, 2022 No Responses

GTCO Declares N54.3b Profit Before Tax In Q1

Guaranty Trust Holding Company Plc, (GTCO) has released its unaudited financial results for the first quarter of 2022 to the Nigerian Exchange Ltd., (NGX) and London Stock Exchanges, declaring a profit before tax of N54.3 billion. The group, in a...

April 27, 2022 No Responses

Nigeria Budgets N50b To Position Export Oriented Businesses

The Federal Government has committed N50 billion toward positioning export-oriented businesses in Nigeria, Vice President Yemi Osinbajo, said on Tuesday in Abuja. Speaking at a two-day National Conference on Non-oil Export organised by the Nigerian...

April 27, 2022 No Responses

Ataga: Court Dismisses Objection By Chidinma’s Lawyer To Cross-Examine Access Bank’s Employee

A Lagos High Court sitting at the Tafawa Balewa Square on Tuesday dismissed the objection raised by the counsel to Chidinma Ojukwu to cross-examine an employee of Access Bank over the late Mr Usifo Ataga’s bank statements tendered as exhibits. ...

April 27, 2022 No Responses

Delta Seeks N150b Credit Facility From Zenith Bank, Others

The Delta House of Assembly has approved a request by Governor Ifeanyi Okowa for a bridging finance facility of N150 billion in favour of the state government. The governor’s request is contained in a letter which was read at&nbs...

April 27, 2022 No Responses

Eid-el Fitr: FRSC Deploys 25,224 Personnel Nationwide

The Federal Road Safety Corps (FRSC) said it had deployed 25,224 personnel across the country for the Sallah celebrations. The Corps Marshal, FRSC, Dr Boboye Oyeyemi, said this on Tuesday in Abuja, at the beginning of the Eid-el Fitr motor...

April 27, 2022 No Responses

AIB-N Releases Four Preliminary Reports

The Accident Investigation Bureau, Nigeria (AIB-N), has released four preliminary reports on serious incidents and accidents involving aircraft owned and operated by some Nigerian airlines. The airlines included United Nigeria Airlines Limited, Max Air, Air ...

April 27, 2022 No Responses

First Bank Photo News

L-R: Dr Ken Giam, Chairman African Leadership Magazine; Rosalyn Henderson Myers, Representative for South Carolina House of Representatives USA; Dr. Adesola Adeduntan, CEO, FirstBank; Judge Carlos Moore, President National Bar Association for the Advancement o...

April 27, 2022 No Responses

Lagos4Lagos Chairman Returns To APC As Party Readmits Defectors

The All Progressives Congress (APC) on Tuesday welcomed Mr Sunday Ajayi, the Chairman of Lagos4Lagos Movement, and Mr Segun Aka-Basorun, former Vice Chairman of Kosofe Local Government, back to its fold. The News Agency of Nigeria (NAN) recalls that the...

April 26, 2022 No Responses

Amaechi Seeks Final Approval For Ibadan Dry Port

The Minister of Transportation, Mr Rotimi Amaechi, on Monday promised to seek the Federal Executive Council’s (FEC) approval for the commencement of Ibadan Dry Port before the end of May, 2022. Amaechi, who is also aspiring to take over from...

April 25, 2022 No Responses

Fidelity Bank To Boost Schools’ Profitability With Value-Adding Products

Fidelity Bank Plc has introduced a bouquet of products designed to help schools run profitably and seamlessly. Specifically targeted at privately-run primary, secondary and tertiary educational institutions in the country, the collection of products incl...

April 25, 2022 No Responses

Opinion: Lagos, Delta 2023 Guber ‘Endorsements’ Of A Kind

By Ehichioya Ezomon — The settings are similar, but the endorsement of governorship aspirants by pressure groups in Lagos and Delta States is affecting the Peoples Democratic Party (PDP) in differing ways. In Lagos, the Governance Advisory Cou...

April 23, 2022 No Responses

Stakeholders Tackle SEC Over Alleged Arbitrary Increase In CMOs Fees

The Issuers and Investors Alternative Dispute Resolution Initiative (IIADRI) has condemned alleged arbitrary and unilateral increase in fees charged to Capital Market Operators (CMOs) by the Securities and Exchange Commission (SEC). A statement join...

April 22, 2022 No Responses

Minister Inaugurates APPEALS Project National Steering Committees

The Minister of Agriculture and Rural Development, Dr. Mohammed Mahmood Abubakar on Thursday inaugurated the National Steering Committees (NSCs) of the Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project and two other...

April 21, 2022 No Responses

AfDB To Double Africa’s Climate Finance To $25b

The African Development Bank (AfDB) will within the next five years double the climate change finance of Africa to $25 billion Dr Kevin Kariuki, AfDB Vice-President for Power, Energy, Climate and Green Growth, said this at a virtual news conference...