City BusinessNews Archives — Page 187 of 404

January 11, 2023 No Responses

CBN Sensitises Marketers, Guarantees Availability Of New Notes

The Central Bank of Nigeria (CBN) has assured marketers and traders that it has made the redesigned naira notes (1000, 500, 200) available for them via Automated Teller Machines (ATMs). The Branch Controller, CBN, Lagos State, Mr Koyor Baribokola, gave...

January 11, 2023 No Responses

Naira Gains by 0.04% At Investors, Exporters Window

The naira on Tuesday exchanged at 461.50 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.04 per cent compared with the 461.67 it exchanged on Monday. The open indicative rate closed at N460.25...

January 10, 2023 No Responses

Royal Exchange Insurance Appoints New MD

Royal Exchange General Insurance Company has announced the appointment of Mrs Ebelechukwu Nwachukwu as the new Managing Director/Chief Executive Officer, effective December 1, 2022. The company’s Chairman, Mr Ike Chioke, who made the announcement on Mo...

January 10, 2023 No Responses

FG Approves N4.7b For TETFund Research Grants

The Federal Government has approved the sum of N4,736,782,352.21 for the award of 219 research grants to successful participants under the Tertiary Education Trust Fund (TETFund) National Research Fund (NRF) programme for the 2021 grant cycle. This is co...

January 9, 2023 No Responses

Sanwo-Olu Congratulates Wife At 56

Lagos State Governor, Babajide Sanwo-Olu on Sunday felicitated with his wife, Dr Ibijoke Sanwo-Olu on her 56th birthday. Dr Sanwo-Olu, a medical doctor by profession, clocked 56 on Sunday, January 8. Gov. Sanwo-Olu, in a statement issued by h...

January 8, 2023 No Responses

Nigerian Army Redeploys GOCs, Theatre Commanders

The Chief of Army Staff (COAS), Lt.-Gen. Faruk Yahaya has approved the redeployment of senior officers in an effort to ensure administrative and operational efficiency in the Nigerian Army (NA). The Director, Army Public Relations, Brig.-Gen. Onyema Nwac...

January 6, 2023 No Responses

FG Releases N13.89b Pension For 2022 Retirees

The Federal Government has released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDA’s). National Pension Commission (PenCom), made the disclosure on Thursday in a statement on it...

January 6, 2023 No Responses

Kaduna Generates N44b Revenue In Ten Months

Between January and October 2022, Kaduna State Government generated N44 billion Internally Generated Revenue (IGR), the State Bureau of Statistics (KDBS) has disclosed. The performance was based on the Monthly IGR Performance Report, published on KDBS we...

January 6, 2023 No Responses

DMO: Alarm Over National Debt Unnecessary

The alarm created around the country’s projected public debt by a segment of the media was unnecessary, the Debt Management Office (DMO), said on Thursday. The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by...

January 5, 2023 No Responses

Forensic Audit: Minister Tasks NDDC Board On Implementation

The Minister of Niger-Delta Affairs, Chief Umana Okon Umana, has charged members of the Governing Board of the Niger Delta Development Commission (NDDC) to be faithful in the implementation of the recommendations of the report of the Commission’s Forensic Au...

January 5, 2023 No Responses

Stock Market Extends Gain By 0.12%

The Nigerian Exchange (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion recorded on Tuesday. Also, the All-Share Index (ASI) increased marginally by 61.9 basis points or 0.12 percent to close ...

January 5, 2023 No Responses

Edo Extends Deadline For Compulsory Vehicles’ Painting

The Edo State Government has extended the deadline for the compulsory painting of all commercial vehicles and profiling of commercial drivers/ owners in the state by two weeks. In a statement, the Managing Director, Edo State Transport Authority, Mrs. Ed...

January 5, 2023 No Responses

SAHCO GETS ISO 9001:2015 CERTIFICATION

Skyway Aviation Handling Company (SAHCO) PLC has been awarded the International Organization for Standardization (ISO 9001:2015) certification for Quality Management system. ISO 9001:2015 is the international standard that identifies requirements for qua...

January 3, 2023 No Responses

DMO Announces 2023 First Offer

The Debt Management Office (DMO) on Monday announced the issuance of its first bonds for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for a subscription. According to a statement by the DMO, one is a two-year FGN Savings...