City Business Archives — City Business News

October 29, 2023 No Responses

Bello, Onyema, Maida, Yusuf, Sheidu-Shabi For City Business News Summit

All is now set for the City Business News Summit scheduled to hold November 8, 2023 at Oriental Hotels, Lagos State.Expected at the Business Summit titled: “Repositioning Nigerian Economy: 2023 And Beyond” are financial experts, regulators, Industrialists, among others.A statment issued...

March 22, 2022 No Responses

FirstBank Splashes N4m On Customers In Verve Card Promo

First Bank of Nigeria Ltd. has rewarded 300 customers with the sum of N4 million at the bank’s ongoing Verve Card campaign. A statement issued on Monday by its Group Executive, e-Business & Retail Products, Mr Chuma Ezirim explained that...

February 11, 2022 No Responses

18 Ships Laden With Petroleum Products, Others Berth At Lagos Ports

Not less than 18 ships laden with petroleum products, food items and other goods are expected at the Lagos Port Complex from February 10 to 22, 2022. According to NPA’s Shipping Position, the ships also contained general cargo, bulk wheat,...

January 20, 2022 No Responses

SEC Lauds NGX, CSCS, Others On Market Development

The securities and Exchange Commission has commended the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market stakeholders for professionally working to develop the Market while pulling through the challenges brought by Co...

January 17, 2022 No Responses

GSK Rejects $65b Unilever Bid For Consumer Goods Division

GlaxoSmithKline has rejected three Unilever offers to buy its consumer goods division, including one worth £50b ($65b). GSK said the proposals “fundamentally failed” to reflect the value of the division. With a successful bid, Unilever &#821...

January 7, 2022 No Responses

2021: NCS Explains N2.2tri Revenue

Between January and December 2021, the Nigeria Customs Service (NCS) generated N2.23 trillion revenue, representing 43.45 per cent increase over N1.5 trillion collected in 2020. In a statement on Thursday, NCS spokesman, Mr Joseph Attah said:”Nig...

January 1, 2022 No Responses

Buhari’s New Year Speech

PRESIDENT MUHAMMADU BUHARI’S STATEMENT TO THE NATION ON JANUARY 1, 2022 We remain grateful to the Almighty God for yet another Year attained as a country, united by a common destiny and resolute in our determination to overcome the several challen...

November 8, 2021 No Responses

FMDQ, Luxembourg Seal Dual Listing Partnership

As part of measures to boost international visibility and facilitate dual listing of green bonds, FMDQ Securities Exchange Limited has entered into a strategic partnership with Luxembourg Stock Exchange (LuxSE). This was revealed during the signing...

October 8, 2021 No Responses

NGX Implores Investors On Long-Term Investments

The Nigerian Exchange (NGX) Limited has advised investors to consider long-term investments, for maximum returns from those on listed companies. The Head, Market Surveillance/Investigation, NGX Regulation, Mr Abimbola Babalola, gave the advice at a virtu...

September 29, 2021 No Responses

GOCOP To Host Business Lunch With Corporate Affairs Managers

The Guild of Corporate Online Publishers (GOCOP) has concluded plans to host corporate affairs managers to a business lunch at the Sheraton Hotel, Ikeja, Lagos. A statement issued by the Guild explained that the event is part of the activities lined...

June 23, 2021 No Responses

BoI Disburses N969.6b In Five Years

The Bank of Industry (BoI) has disbursed loans worth N969.7 billion to borrowers in five years to support various businesses. BoI Deputy Head, Business Development, Mrs Aderonke Akinluyi, disclosed this at a webinar by the Lagos Chamber of Com...

May 5, 2021 No Responses

NPA, NBS Sign MoU On Data Collection At Seaports

The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics on port related activities. The MoU was signed on Tuesday in Abuja by Mr Yemi...

April 30, 2021 No Responses

Omo-Agege Seeks More Maritime Universities

Deputy President of the Senate, Sen.Ovie Omo-Agege (APC-Delta) has called for the establishment of more maritime universities across Nigeria. Yomi Odunuga, His Special Adviser, Media and Publicity in a statement said Omo-Agege made the submission in Abuj...

April 22, 2021 No Responses

First Bank CEO Urges Govt, Businesses To Leverage Technology, Innovation

Dr Adesola Adeduntan, Chief Executive Officer (CEO), First Bank Group, has urged government, relevant financial authorities and businesses to leverage technology and innovation for better financial inclusion and an improved Nigerian economy. Adeduntan gave the...