Buhari Tasks Contractors On Giving Back To Society

Buhari Tasks Contractors On Giving Back To Society

President Muhammadu Buhari has urged businessmen and contractors that benefit from government patronage to give back to the society by engaging in Corporate Social Responsibility.   The president, according to a statement by his Senior Special Assistant on Media and Publicity,...
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Universal Insurance, Oando Top Gainers’ Table As Market Capitalisation Recover N43b

Universal Insurance, Oando Top Gainers’ Table As Market Capitalisation Recover N43b

Transactions on the Nigerian Exchange improved further by 0.21 per cent on Friday. Specifically, the All-Share Index which opened at 38,585.52 inched higher by 82.38 points or 0.21 per cent to close at 38,667.90. Also, the market capitalisation rose by...
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NETCO Declares N18.02b Revenue, Shareholders Get N400m Dividend

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...
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National Assembly Lauds CAC Reform Initiatives

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...
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NLNG Appoints Philip Mshelbila New CEO

NLNG Appoints Philip Mshelbila New CEO

The Board of Directors, Nigeria LNG Limited (NLNG) has approved the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive Officer.   A statement issued by General Manager,External Relations and Su...
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Profile Of NLNG New CEO, Philip Mshelbila

Profile Of NLNG New CEO, Philip Mshelbila

The Board of Directors, Nigeria LNG Limited (NLNG) on Friday, July 9, 2021 announced the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive Officer.    Dr. Philip Mshelbila will resum...
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Customs Impounds Four Containers Of N373.5m Wood

Customs Impounds Four Containers Of N373.5m Wood

The Controller General of Customs Strike Force,  Team A, on Wednesday disclosed that it intercepted four container loads of unprocessed woods valued at N373.5 million. The unprocessed woods were about being shipped out of the country to Asia when it...
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Firm Rolls Out N3b Green Bond

Firm Rolls Out N3b Green Bond

A technology firm, OneWattSolar (OWS), has announced the successful issuance of the first series of its N10 billion Green Bond Issuance Programme.  The programme comprised a N2 billion seven-year Green Bond Issue (Tranche I) and a N1 billion seven-year Gr...
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Hassan Bello Urges Shippers Association To Speak With One Voice

Hassan Bello Urges Shippers Association To Speak With One Voice

By citybusinessnews@yahoo.com  — The Nigerian Shippers’ Council (NSC) on Tuesday urged the National Shippers Association of Nigeria (NASAN) to speak with one voice as part of measures to boost its bargaining power nationally and internationally.&nbsp...
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Nigeria’s Total Trade Hits N9.75trillion

Nigeria’s Total Trade Hits N9.75trillion

Nigeria’s total merchandise trade stood at N9.757 trillion representing 6.99 per cent increase in the first quarter  of 2021(Q1),  the National Bureau of Statistics (NBS) has disclosed.   The bureau explained the developmen...
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Buhari Advocates Stronger Nigeria-Turkish Ties

Buhari Advocates Stronger Nigeria-Turkish Ties

President Muhammadu Buhari has originated a phone call across to his Turkish counterpart, Tecep Tayyep Erdoğan where the two leaders had fruitful discussions.  Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, confirme...
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Shareholders Laud Sterling Bank’s 2020 Performance

Shareholders Laud Sterling Bank’s 2020 Performance

Shareholders of Sterling Bank Plc have commended the board and management of the bank for the remarkable display of resilience, improved performance and returns on investment in 2020 financial year  The shareholders gave the commendation at the bank’s 5...
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Customs Tin-Can Island command generates N112.6b In Q1

Customs Tin-Can Island command generates N112.6b In Q1

For the first quarter, 2021, the Nigerian Customs Service (NCS), Tin-Can Island Port command generated N112,696,693,158 billion, indicating 23 per cent increase when compared with revenue earnings of N91billion in the first quarter of  2020.&nbs...
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Obaseki Tasks NAFDAC On Equipped Operational Office In Edo

Obaseki Tasks NAFDAC On Equipped Operational Office In Edo

Governor  Godwin Obaseki of Edo has urged the National Agency For Administration and Control (NAFDAC) to have a fully equipped operational office in the state for effective discharge of its responsibilities.  Obaseki gave the charge when he rece...
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