City BusinessNews – Page 233 – City Business News

October 1, 2021 No Responses

Agriculture Stakeholders Seek Elimination Of Middlemen

Some agriculture stakeholders have called for the elimination of middlemen activities across all crop value-chain to curb hike in food prices. They made the call in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos in...

September 30, 2021 No Responses

Shippers’ Council Implores Kaduna Inland Dry Port On Exports For TBL Issuance

The Nigerian Shippers’ Council (NSC) has urged the Kaduna Inland Dry Port Ltd. (KIDPL) to engage exporters to ensure the issuance of Through Bill of Lading (TBL) for cargoes at the port. Mr Bala Adamu, the Chief Operating Officer of...

September 28, 2021 No Responses

Heritage Bank MD: Identity Challenge Impedes SMEs Financing

The Nigerian government must resolve the identity management system challenges in the country to empower commercial lenders to extend credit to Small and Medium Enterprises (SMEs) with less worry, the Managing Director/Chief Executive Officer, Heritage Bank, M...

September 27, 2021 No Responses

Fidelity Bank Boss Reiterates Support For SMEs

Banks are not shying away from their responsibilities of supporting Small and Meduim Enterprises (SMEs), Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, has said. Speaking at the annual conference/30...

September 25, 2021 No Responses

Nigeria Approves 12,000 Expatriates’ Quota In Two Years

Between August 2019 and September 2021, the Federal Government granted 12,000 expatriate quota licences to foreigners seeking to work in Nigeria. Media Adviser to the Minister of Interior, Rauf Aregbesola, Sola Fasure, in a statement issued on Friday, ex...

September 23, 2021 No Responses

Russian Firms Indicate Interest In Nigeria

The President of the Russian Chamber of Commerce, Mr Sergey Katyrin, has said that Russian companies and businesses were ready to partner and invest in Nigeria. This was contained in a statement signed by the Nigerian Embassy in Moscow, Russia,...

September 17, 2021 No Responses

Shell Restates Commitment To Research, Development In Nigeria

Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB). Managing Director of the deep-...

September 16, 2021 No Responses

Ondo, Ekiti Export 2,233 Cocoa Bean Containers In Eight Months

Between January and August 2021, Ondo/Ekiti Area Command of the Nigeria Customs Service (NCS) processed the export of 2,233 containers of cocoa beans. Comptroller of Ondo/Ekiti Area Command, Uche Ngozi made the disclosure on Wednesday during a wo...

September 13, 2021 No Responses

Fidelity Bank Grows PBT by 72.4% In Six Months

Fidelity Bank Plc has posted a profit before tax (PBT) of N20.6 billion for the six months ended June 30, 2021. The Managing Director/Chief Executive Officer of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, disclosed this in the bank’s audited half-year (H1)...

September 10, 2021 No Responses

NACCIMA Seeks Support For 5G Network

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has welcomed the approval by the Federal Executive Council (FEC) of the Fifth Generation Network, commonly referred to as 5G technology. Its Director-General, Amb. Ay...

September 9, 2021 No Responses

CBN Tasks Banks, Others On Bulk Payment

The Central Bank of Nigeria (CBN) has directed commercial banks and Payment Service Providers (PSPs) in the country to improve on all bulk payments and transfers systems to ensure transparency. Mr Jimoh Musa, CBN’s Director, Payment System Management D...

September 9, 2021 No Responses

Manufacturers Seek End To Tax Collection Concerns

The Manufacturers Association of Nigeria (MAN) has charged the federal and state governments to find a mutually acceptable way forward on the collection of taxes to address anxiety and confusion in the business community. Director-General, MAN, Mr Segun Ajay...

September 8, 2021 No Responses

No Plan To Shut Down Telecom Services In Kaduna State

The Kaduna government has said it has no plan to shut down telecommunication services in the state. This is contained in a statement issued on Tuesday in Kaduna by Muyiwa Adekeye, Special Adviser to the Governor on Media and Communication. Accordi...

September 6, 2021 No Responses

SEC To Reduce Cost, Assures Of Profitability In Two Years

The Securities and Exchange Commission has unveiled plans to reduce its operating costs in order to boost profitability within the next two years.The Director-General, SEC, Mr Lamido Yuguda who said this in Abuja, also noted that the Commission has been...