City BusinessNews Archives — Page 203 of 403

May 31, 2022 No Responses

Adeboye Inaugurates Premium Trust Bank

General Overseer of Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, on Monday, inaugurated a branch of Premium Trust Bank in Asaba, Delta State. The News Agency of Nigeria (NAN) reports that Adeboye, who was the Special Guest, was accompanied...

May 30, 2022 No Responses

Okomu Oil Shareholders Get N7.6b Dividend For 2021

By citybusinessnews@yahoo.com — For the year ended December 31, 2021, Okomu Oil Palm Company Plc has rewarded shareholders with N8 per share dividend, amounting to N7.6billion. Within the period, the company recorded profit after tax of N11.54 billion...

May 29, 2022 No Responses

FBNHoldings Declares N757b Revenue, N166.7b Profit Before Tax In 2021

For the year ended December 31st, 2021, FBN Holdings Plc has attained 28.2% increase in gross revenue to ₦757.3 billion and profit before tax of ₦166.7 billion, an increase of 99.9%.&...

May 28, 2022 No Responses

Market Capitalisation Recovers N504b

The key performance indicators of the Nigerian Exchange closed on Friday with 1.76 per cent growth amid gains in stocks of First Bank of Nigeria Holdings (FBNH), Airtel Africa, amongst others. Specifically, the market capitalisation inched higher by N504...

May 28, 2022 No Responses

GTCO Plc’s GTBank Bags Africa’s Best Brands Awards

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc), has emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most...

May 26, 2022 No Responses

Ecobank Shareholders Get $40m Dividend

The Ecobank Transnational Incorporation (ETI), the parent company of the Ecobank Group, has paid out a total dividend of 40 million dollars to shareholders. The Group Chief Executive Officer (CEO) and Executive Director of ETI, Ade Ayeyemi, made th...

May 25, 2022 No Responses

CBN Disburses N1tri To Farmers

The Central Bank of Nigeria (CBN) has increased its funding and interventions in various sectors to boost economic growth. Governor of the CBN, Mr Godwin Emefiele, said this on Tuesday in Abuja while presenting a communique issued at the end of...

May 24, 2022 No Responses

Shell Inaugurates Oloibiri Health Programme Phase-2

Energy company, Shell, has inaugurated the second and final phase of its comprehensive health care projects for Oloibiri and other communities in Ogbia Local Government area of Bayelsa State. “Corporate Social Responsibility means doing well. What you ...

May 23, 2022 No Responses

NDDC Revokes 20-Year-Old Unexecuted Contracts

The Niger Delta Development Commission (NDDC) has revoked contracts awarded between 2000 and 2019 where the contractors did not move to site. “Consequently, all affected contractors are advised to note that all monies earlier received by way of mobilis...

May 22, 2022 No Responses

Jamoh: Vanguard Award Challenges Me To Work Harder For Nigeria, Humanity

Dr Bashir Jamoh, Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) has described the Public Sector Maritime Icon Award given to him by Vanguard Newspaper as a challenge to selflessly work harder in the interest of Nigeria and...

May 22, 2022 No Responses

Photo News

Photo News: Director-General, Nigerian Maritime Administration and Safety Agency, NIMASA. Dr. Bashir Jamoh (middle); Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko (right) and Executive Director, Finance and Administration, NIMASA, C...

May 21, 2022 No Responses

Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable

Fidelity Bank Plc has announced plans to host an exports roundtable and policy sensitisation workshop for businesses in Benin-City, Edo State capital in partnership with the Edo State Investment Promotion Office (ESIPO) and GIZ on Tuesday, 24 May 2022. &n...

May 20, 2022 No Responses

Osinbajo Drums Support For FIRS Digitisation Agenda

By Moses Ebosele, ebosele@hotmail.com — The Chartered Institute of Taxation of Nigeria (CITN) has been urged to support the Federal Inland Revenue Service (FIRS) in its drive towards full digitalisation of tax administrative processes. V...

May 20, 2022 No Responses

NADDC Begins Automotive Financing Talks With CBN

The National Automotive Design and Development Council (NADDC)has commenced discussions with the Central Bank of Nigeria (CBN) to design workable solutions for automotive financing to make auto purchase affordable for Nigerians, Jelani Aliyu, the Director-Gene...