City BusinessNews Archives — Page 195 of 403

September 27, 2022 No Responses

Stock Market Rebounds By N87b

The Nigerian Exchange (NGX) was upbeat on Monday as market capitalisation increased by N87 billion or 0.33 per cent to close at N26.532 trillion from N26.445 trillion recorded on Friday. Also, the All-Share Index (ASI) increased by 162.70 basis points,...

September 27, 2022 No Responses

Delta, Lagos, NIMASA, Chevron, Access Bank, Unity Bank, Support GOCOP Confab

The momentum has continued to rise for the sixth annual conference of the Guild of Corporate Online Publishers (GOCOP) as more corporate partners emerge for the event scheduled for Thursday, October 6, at Sheraton Hotel, Ikeja-Lagos. The chairman, 2022 Confere...

September 25, 2022 No Responses

CMA CGM Orders Biogas-Powered Containership Fleet

French container shipping and logistics major CMA CGM has ordered seven containerships powered by biogas that will serve the French West Indies. The order was unveiled by Rodolphe Saadé, Chairman and Chief Executive Ofﬁcer of the CMA CGM Group, during ...

September 24, 2022 No Responses

FG, States, LGCs Share N673.137b For August

The Federation Account Allocation Committee (FAAC), has shared N673.137 billion with the three tiers of government as federation allocation for August. This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, the Director (Information/Press) o...

September 22, 2022 No Responses

Stock Market Loses N13b In Bearish Trading

Trading on the nation’s bourse again ended negative on Wednesday as market capitalisation lost N13 billion or 0.05 per cent to close at N26.657 trillion against N26.670 trillion on Tuesday. Also, the All-Share Index lost 23.40 points or 0.05 per...

September 21, 2022 No Responses

NCC Deploys 84 IT Projects To Support Persons With Disabilities,

The Nigerian Communications Commission (NCC) has deployed 84 assistive Information Technology projects at different locations in Nigeria to support people with special needs while supporting policies that enable disadvantaged members of the society to liv...

September 21, 2022 No Responses

Access Bank Rewards Customers With Cash Prizes In AccessMore Mega Reward

Access Bank Plc, has rewarded its customers with millions of naira, smartphones and other prizes in the first phase of the AccessMore Mega Reward Scheme. Head, Marketing and Communications, Access Bank, Mrs Chioma Afe, explained in a statement on T...

September 20, 2022 No Responses

Fitch Upgrades FBN Holdings To ‘B’, Outlook stable

September 19, 2022 No Responses

SEC, UBA, BoI, Others Elaborate On Non-Oil Export Opportunities

The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the Financ...

September 19, 2022 No Responses

UBA DMD: Creative Industry Can Boost Nigeria’s Export Earnings

Mr Muyiwa Akinyemi, the Deputy Managing Director, United Bank for Africa Plc, has advised the Federal Government to take advantage of the opportunities in the creative industry for sustainable export earnings. Akinyemi gave the advice at the annual confe...

September 17, 2022 No Responses

CSCS Joins ISSA’s Board, Appoints CEO, Jalo-Waziri As Member

The International Securities Services Association (ISSA) has appointed Mr Haruna Jalo-Waziri, Chief EXecutive Officer (CEO) of Central Securities Clearing System (CSCS) Nigeria, to its board. In a statement issued by Mr Johnson Onowugbeda, Team Lead...

September 16, 2022 No Responses

Weststar Associates Appoints Plath CEO, Ojulari MD

The Board of Weststar Associates Limited, Nigeria’s Authorized General Distributor for Mercedes-Benz, has appointed Mirko Plath as Chief Executive Officer (CEO) and Mrs Mary Aderinola Ojulari as Managing Director. Until his appointment as CE...

September 16, 2022 No Responses

Oil Dips On Weak Demand Fear, Strong Dollar

Oil prices drifted lower on Thursday as weak demand concerns over a large build in the crude inventory in the United States plus a strong dollar overtook potential supply disruption as the centre of focus, Reuters reported. The main Brent...

September 16, 2022 No Responses

Jime Harps On Seamless Trade, Synergy With Airfreight Stakeholders

As part of measures to promote seamless trade, the Executive Secretary/Chief Executive Officer of the Nigerian Shippers Council (NSC), Emmanuel Jime has sought synergy with Airfreight stakeholders. Jime stated this when the President, of the Airfreight Sta...