City BusinessNews Archives — Page 317 of 401

December 15, 2019 No Responses

Shareholders Seek More Mergers, Acquisitions In Cement Industry

Shareholders under the aegis of Constance Shareholders’ Association of Nigeria (CSAN) on Saturday said that mergers and acquisitions would improve cement industry activities on the Nigerian Stock Exchange (NSE).Mr Shehu Mikail, CSAN National President, stated this in an interview with...

December 15, 2019 No Responses

Photo News

L-R: Hon Frank Okiye, Speaker Edo State House of Assembly, Rev. Fr. Agbonlahor Parish Priest St John Vianny Catholic Church, Sapele Road Benin City, the newly Wedded Mr Michael Ovianhon and Wife Pardon Ovianhon (nee Egua) and Mr Horatius Egua,...

December 15, 2019 No Responses

Buhari Tasks Universities On IGR

President Muhammadu Buhari has challenged universities in the country to increase their internally generated revenue (IGR) as part of measures to enhance sustainable education.Buhari stated this during the 44th convocation ceremony of the Obafemi Awolowo...

December 13, 2019 No Responses

NGC Declares 117 % Increase In Profit

By Moses Ebosele, ebosele@hotmail.com For the year ended December 31, 2018, the Nigerian Gas Company (NGC), the gas transportation subsidiary of the Nigerian National Petroleum Corporation (NNPC), recorded profit after tax of N13.29billion, representing an inc...

December 13, 2019 No Responses

Arik Air Resumes Services To Asaba

Arik Air on Thursday announced the resumption of flight services to Asaba Airport in Delta. Arik Air Chief Executive Officer, Capt. Roy Ilegbodu, said in a statement in Lagos that starting from Dec. 18, the airline would be operating daily...

December 12, 2019 No Responses

Nigeria Develops Portal For Import Duty Exemptions, Vehicle Identification Number

The Federal Executive Council (FEC) on Wednesday approved the development of a portal for the management of import duty exemptions and vehicle identification numbers. Briefing Journalists after the meeting, the Minister of Finance, Budget and National Pl...

December 12, 2019 No Responses

FRSC Pledges Free Flow Of Traffic On Kaduna Highways

The Federal Road Safety Corps (FRSC), Kaduna State Command, on Wednesday promised to ensure free flow of traffic in Kaduna highways during the Christmas and New Year celebration. The Sector Commander, Hafiz Mohammed, made the pledge at the opening of...

December 12, 2019 No Responses

NSE Indices Record First Gain In December

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain in December with the crucial market indices appreciating by 0.19 per cent. Specifically, the All-Share Index increased by 49.79 points or 0.19 per cent to close at 26,434.00 compared...

December 11, 2019 No Responses

Recapitalisation, Technology, Take Centre Stage As Insurance Experts Brainstorm In Lagos

By Moses Ebosele, ebosele@hotmail.com Recapitalisation took the centre stage on Wednesday as Insurance experts and other stakeholders gathered in Lagos to chart the way forward. The event put together by the Nigerian Stock Exchange (NSE) was titled...

December 11, 2019 No Responses

Senate Probes N20trn Unremitted Stamp Duties From Banks, Financial Institutions

The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account by Central Bank of Nigeria, an amount collected as stamp duties from Banks and Financial Institutions in the country. The....

December 11, 2019 No Responses

FRSC TO MOTORISTS: AVOID ALCOHOL, DRUGS, FATIGUE WHILE DRIVING

The zonal commanding officer in-charge of sokoto kebbi and Zamfara ACM KAYODE OLAGUNJU mini has called on Motorist in the Zone to avoicd fatigue due to stress That would catch up with them and lead to avoidable crashes as a...

December 10, 2019 No Responses

Air Peace To Commence Flight Operation To Ibadan

Air Peace has concluded plans to commence flight operations to Ibadan from Kano, Owerri and Abuja. The Chairman of the airline, Mr Allen Onyeama, made the announcement in a statement issued in Lagos on Monday. Onyema said: “Very soon, we...

December 10, 2019 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (2nd from right), the Zonal Head, EFCC, Lagos, Mohammed Rabo (3rd from left), the President, Women Arise for change and Campaign for Democracy, Dr. Joe Okei-Odumakin (right), the Executiv...

December 10, 2019 No Responses

New Kia MPV Debuts

Kia Motors is to unveil a new Carnival MPV at Auto Expo 2020. The car was first displayed at the 2018 Auto Expo along with other models from the brand.Sold as Kia Sedona in several markets, the Kia Carnival measures...