Business – Page 371 – City Business News

August 4, 2021 No Responses

Heirs Insurance, Heirs Life Confirm Purchase Of Insurance In Five Minutes

Dr. Adaobi Nwakuche, Ag. MD/CEO, Heirs Insurance Limited (Left) and Niyi Onifade, MD/CEO, Heirs Life Assurance Limited Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customers are now able to purchase insurance policies from their...

August 3, 2021 No Responses

Photo News

R-L: Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Permanent Secretary, Federal Ministry of Transportation, Dr. Ajani Magdalene; Nigerian Ambassador to the Democratic Republic of Congo, Ambassador Umar Suleima...

August 2, 2021 No Responses

Dangote Cement Declares N191.6b Profit In Six Months

The Dangote Cement, has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in its unaudited results for the half-year ending on June 30. In a statement on Sunday, the Group Managing Director, Mr...

July 31, 2021 No Responses

Anaroke Bags Ikeja Club Excellence Award For Gender Advocacy

The Founder of MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative, Mr. Kingsley Anaroke has bagged an Award of Excellence for Gender Advocacy and Empowerment from the prestigious Ikeja Club. Anaroke and other distinguished personalities will be conferred th...

July 28, 2021 No Responses

NCC Boosts Broadband Penetration From 6% In 2015 To 45% In 2021

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Communication Commission (NCC) has grown broadband penetration in Nigeria from less than 6% in 2015 to 45% in 2021. Executive Vice Chairman and Chief Executive Office...

July 27, 2021 No Responses

Buhari Signs N982.7b Supplementary Budget Into Law

President Muhammadu Buhari on Monday signed the N982.7 billion supplementary budget for 2021 into law. The Presidency presented the budget to the National Assembly to address urgent security and COVID-19 needs of the nation. Malam Garba Shehu, the ...

July 27, 2021 No Responses

Appeals Project Strengthens Capacity Building, Lists Benefit For 39,000 Nigerians

By Moses Ebosele, ebosele@hotmail.com — The National Project Coordinator, World Bank Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS),Alhaji Mohammed Sani Jobdi has pledged the commitment of t...

July 23, 2021 No Responses

NETCO Declares N18.02b Revenue, Shareholders Get N400m Dividend

For the year ended December 31, 2020, the National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has reported N18.02 billion revenue and profit before tax of N3.37 billion. Also, withi...

July 23, 2021 No Responses

National Assembly Lauds CAC Reform Initiatives

The National Assembly has commended the reform initiatives of the Corporate Affairs Commission (CAC) geared towards improving ease of doing business initiative of the Federal Government. A statement issued by CAC Head of Media Unit, Rashee...

February 4, 2021 No Responses

Experts Task CBN On Open Banking Regulation

Partner and Lead, Digital Transformation, KPMG, Mr Boye Ademola, on Wednesday called on the Central Bank of Nigeria (CBN) to initiate a policy on open banking in Nigeria to transform the sector. Ademola made the call during a virtual panel...

February 4, 2021 No Responses

SEC Nigeria Unveils New Rules, Amendments On Collective Investment Scheme

December 31, 2020 No Responses

KPMG Names Ecobank Nigeria Among Top Three In Customer Service Support To SMEs

Leading audit and professional services company, KPMG Nigeria, has ranked Ecobank Nigeria among the top three banks with good customer experience in the Small and Medium Enterprises (SME) segment. KPMG’s Nigeria banking industry customer experience...

December 28, 2020 No Responses

China Declares $7.77b Auto Export In November

China’s automobile imports and exports expanded further in November, according to data released by the China Association of Automobile Manufacturers (CAAM). Last month, the import and export volume of automobile commodities totaled 16.3 billion U.S. dollars,...

July 13, 2020 No Responses

Customs FOU Generates N17b In Six Months

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) raised Debit Notes of N17 billion between January and June 2020. In a statement on Sunday, the Acting Customs Area Controller of the unit, Usman Yahaya, explained...