City BusinessNews – Page 303 – City Business News

October 29, 2021 No Responses

FBN Holdings Appoints Okonkwo GMD

By Moses Ebosele, ebosele@hotmail.com — The Board of FBN Holdings (FBNH) Plc has approved the appointment of the immediate past Managing Director of Fidelity Bank Plc, Mr Nnamdi Okonkwo, as its new Group Managing Director, with effect from January 1, 2022. A...

October 27, 2021 No Responses

Bayelsa To Borrow N43.57b As Debt Hits N169b

The Bayelsa State Government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as the state’s debt profile hits N169 billion. The borrowing plan is contained in the 2022 Appropriation Bill of the...

October 27, 2021 No Responses

Autochek Secures $13.1m To Boost Technology

Automotive technology company in Africa, Autochek , has secured $13.1million in seed funding to boost its technology and deliver efficient services. Mr Etop Ikpe, Founder, Chief Executive Officer, Autochek, in a statement on Tuesday explained t...

October 26, 2021 No Responses

TotalEnergies Reiterates Support For Young Entrepreneurs

TotalEnergies Nigeria on Tuesday announced the commencement of the third edition of its Startupper Challenge of the Year Challenge, designed to support young entrepreneurs in Nigeria and the African continent. Addressing a virtual news conference in Lagos on...

October 24, 2021 No Responses

NPCC Seeks Support For Single Window At Nigeria’s ports

The Chairman, Nigerian Ports Consultative Council (NPCC), Otunba Kunle Folarin has called for the establishment of the National Single Window at the nation’s seaports. Otunba Folarin made the call when he led the Nigerian Ports Consultative Council (NP...

October 23, 2021 No Responses

FBN Holdings Denies Femi Otedola’s Acquisition

By Moses Ebosele, ebosele@hotmail.com – FBN Holdings (FBNH) Plc, on Thursday, denied the reported acquisition of a majority stake in the company by Businessman, Mr Femi Otedola. In a statement published on the website of the Nigerian Exchange (NGX...

October 23, 2021 No Responses

AIICO Insurance Director Resigns

By Moses Ebosele, ebosele@hotmail.com — The Executive Director of AIICO Insurance Plc in charge of Retail Business, Mr. Olusola Ajayi has resigned from the Board of the Company. A notice sent to the Nigerian Exchange (NGX)...

October 21, 2021 No Responses

SON Issues 13 Manufacturers MANCAP Certification

The Standards Organisation of Nigeria (SON), on Thursday awarded its Mandatory Conformity Assessment Programme (MANCAP) certification to 13 manufacturing companies in Kano state. In his speech, the Director-General of SON, Malam Faruk Salim, represented ...

October 21, 2021 No Responses

NIMASA DG Rallies Support For Nigeria’s IMO Category C Reinstatement

By ebosele@hotmail.com — Ahead of the December International Maritime Organisation (IMO) Council Election, Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has called on the international maritime co...

October 21, 2021 No Responses

TotalEnergies Accused Of Downplaying Climate Risks

French oil company TotalEnergies knew at least 50 years ago about a link between burning fossil fuels and global warming, researchers have said. An article from 1971 in the company’s magazine, Total Information, mentioned partial melting of ice caps, res...

October 21, 2021 No Responses

AfDB, MTN Sign $0.5m Grant-Agreement

The African Development Bank (AfDB) has signed a grant agreement worth $500,000 dollars with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN, for a study on the economic, religious and social factors hampering access to finance by women...

October 21, 2021 No Responses

Nigeria, Turkey Trade Volume To Expand By $5b

President Recep Tayyip Erdogan says the Nigeria, Turkey trade volume will be expanded by five billion dollars, immediately, to further boost socio-economic ties between the two countries. Erdogan stated this when he addressed newsmen at the end of a clos...

October 20, 2021 No Responses

CSCS Board Renews Jalo-Waziri’s Appointment For Another Four Years

By Moses Ebosele, ebosele@hotmail.com — The Board of Directors, Central Securities Clearing System (CSCS) Plc has renewed the appointment of Mr Haruna Jalo-Waziri as the Managing Director/Chief Executive Officer. A...

October 19, 2021 No Responses

NPA Upgrades Control Tower

The management of the Nigerian Ports Authority (NPA) is poised to ensure optimal utilisation of its facilities across the nation’s seaports, Acting Managing Director, Mohammed Bello-Koko has said. He made this known in a statement on Monday ...