City BusinessNews Archives — Page 215 of 403

August 3, 2021 No Responses

Photo News

R-L: Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Permanent Secretary, Federal Ministry of Transportation, Dr. Ajani Magdalene; Nigerian Ambassador to the Democratic Republic of Congo, Ambassador Umar Suleiman, and Coordinator, Abuja Zonal Office (NIMASA), Mr. Zailani...

August 2, 2021 No Responses

Dangote Cement Declares N191.6b Profit In Six Months

The Dangote Cement, has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in its unaudited results for the half-year ending on June 30. In a statement on Sunday, the Group Managing Director, Mr...

July 30, 2021 No Responses

Danbatta: Revised AOL, Spectrum Pricing Regulations Will Strengthen Telecoms Market Structure, Enhance Competition

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that the ongoing amendments to two major regulatory instruments of the Commission will help in strengthening and ensuring a fair ...

July 24, 2021 No Responses

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 Assist...

July 24, 2021 No Responses

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...

July 23, 2021 No Responses

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...

July 23, 2021 No Responses

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...

July 10, 2021 No Responses

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...

July 10, 2021 No Responses

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...

July 8, 2021 No Responses

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...

July 4, 2021 No Responses

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...

June 16, 2021 No Responses

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...

June 6, 2021 No Responses

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...

May 16, 2021 No Responses

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...