City BusinessNews – Page 305 – City Business News

August 25, 2021 No Responses

Hassan Bello, Ex-Shippers Council Boss, Canvasses Support For Successor

Immediate past Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, on Tuesday, said that his successor, Mr Emmanuel Jime, has immeasurable qualities that the nation’s maritime industry needs. Bello described his successor as a ‘man of steel’, who has valued...

August 24, 2021 No Responses

FRSC Boss Insists On Minimum Standards For Trucks, Seeks Data Base For Traffic Control

Corps Marshal, Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi, reiterated on Monday that 90 percent of articulated trucks plying the roads are overaged vehicles that are not roadworthy. Speaking on Monday during his working visit to Nigerian Shippers Co...

August 21, 2021 No Responses

NCC Give More Clarifications On Telecommunications Based Research

In response to some inquiries on the Telecommunications-Based Research Innovation Programme from Academics in Nigerian Tertiary Institutions, the Nigerian Communication Commission (NCC) has made some clarifications. According to NCC Vice Chairman a...

August 17, 2021 No Responses

Danbatta Lauds President Buhari, Pantami On Digital Literacy Training Initiative

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta has commended President Muhamamdu Buhari, the supervising Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami and the Governing Board ...

August 13, 2021 No Responses

APMDC Denies Alleged Arbitrary Charges

The management of the Associated Port Marine Development Company (APMDC), has denied allegations of arbitrary charges and charging in foreign currency levelled against it by the Nigerian Shippers’ Council (NSC). Recall that the council had shut dow...

August 5, 2021 No Responses

FEC Approves $11.17b Rail Project

The Federal Executive Council (FEC) has approved the sum of $11.17 b to link all Nigeria’s coastal cities by rail in six years. Minister of Information and Culture, Lai Mohammed, disclosed this on Wednesday while briefing Journalists after the virtual....

August 4, 2021 No Responses

Heirs Insurance, Heirs Life Confirm Purchase Of Insurance In Five Minutes

Dr. Adaobi Nwakuche, Ag. MD/CEO, Heirs Insurance Limited (Left) and Niyi Onifade, MD/CEO, Heirs Life Assurance Limited Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customer...

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 Suleima...

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...