Business – Page 368 – City Business News

November 23, 2021 No Responses

NRC Receives 24 Bids For Lagos-Ibadan, Warri-Itakpe e-Ticketing Solutions

The Nigerian Railway Corporation has received a total of 24 bids on open requests for the Lagos/Ibadan and Warri/Itakpe e-ticketing solutions for standards gauge railway operations under Public/Private/Partnership (PPP) arraignment. The Managing Director of the Corporation, Mr Fidet Okhiria, made...

November 23, 2021 No Responses

FMDQ Admits Valency Agro’s N7.24b Commercial Papers

FMDQ Securities Exchange has approved for quotation the Valency Agro Nigeria Ltd. series two and three N4.57 billion and N2.67 billion Commercial Papers (CPs) on its platform. In a statement on Monday, FMDQ explained that the admission was under the com...

November 22, 2021 No Responses

APPEALS Targets 15 Cottage Centres In Lagos

The Lagos State Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project is constructing 15 aggregation and cottage processing centres in three value chains in the state. The state Project Coordinator, Lagos APPEALS,...

November 22, 2021 No Responses

NIMASA Inaugurates Staff Joint Consultative Forum

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has inaugurated an 18-member staff joint consultative forum for the purpose of strengthening the relationship between the Management and the entire workf...

November 21, 2021 No Responses

Niger State Bans Sale Of Motorcycles

Governor of Niger State, Abubakar Sani-Bello has banned the sale of motorcycles in the state. Secretary to the State Government, Ahmed Matane, explained in a statement on Saturday that the ban resulted from incessant security challenges in some parts of....

November 20, 2021 No Responses

NPA Declares N256.28b Revenue In Nine Months

Between January and September 2021, Nigerian Ports Authority (NPA) attained N256.28billion revenue as against the expected N214.65billion. Acting Managing Director of NPA, Mohammed Bello Koko, in documents presented to the House of Representatives Committee on...

November 17, 2021 No Responses

NGX Tasks Investors On Portfolio Diversification

The Nigerian Exchange Ltd (NGX) has stressed the need for diversification of portfolios by investors to ensure enhanced return on investment. The Divisional Head, Trading Business, NGX, Mr Jude Chiemeka, said this at the Retail Investors workshop organis...

November 14, 2021 No Responses

Osinbajo Harps On Unity, Strategic Leadership

At this point in Nigeria’s history, the nation needs a new generation of strategic leaders that will take the country speedily to the next level of development, Vice President, Yemi Osinbajo has said.Osinbajo stated this in Abuja, on Saturday, at the...

November 11, 2021 No Responses

US Sues Uber For Overcharging Disabled People

The US Justice Department (DoJ) is suing ride-hailing app Uber over allegations it has been overcharging disabled people. The DoJ claims Uber’s “wait time” fees are discriminating against disabled passengers who need more than two minutes to ...

November 8, 2021 No Responses

SEC, SON, Others To Brainstorm On Commodities Standards

The Securities and Exchange Commission and the Standards Organisation of Nigeria are set to take their collaboration on Commodities Trading Ecosystem a step further with the hosting of a Commodities Standards Sensitisation Workshop. A statement issued on...

October 29, 2021 No Responses

Seplat Energy Declares N62.6b Operating Profit, Okay $0.025 Dividend For Q3

By ebosele@hotmail.com — Seplat Energy Plc , listed on both the Nigerian Exchange Limited and the London Stock Exchange, has reported a nine month (Q3) 2021 revenue of N182.7billion, representing a rise of 18.7 percent year-on-year. In its unaudited r...

October 29, 2021 No Responses

SON Unveils 37 Standards For Industrial Development

The Standards Organisation of Nigeria (SON) has unveiled 37 standards to boost Nigeria’s industrial development and improve its competitiveness in the African Continental Free Trade Agreement (AfCFTA). Chairman, SON Governing Council, Mrs Evelyn N...

October 29, 2021 No Responses

NIMASA DG Lists Incentives To Boost Nigeria’s Maritime Sector

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, on Thursday said the Federal Government is working on reviving the national shipping fleet with carriage rights of up to 50 per cent of all state-owned cargoes. ...

October 28, 2021 No Responses

ABC Orjiako: Energy Transition Must Be Done In A Collaborative Manner

In recognition that one of the biggest challenges in Energy Transition is the continuous discordant tunes that are being sung across the world, Dr. ABC Orjiako, Chairman, Seplat Energy Plc believes that the best of this new journey can only...