City BusinessNews Archives — Page 329 of 368

August 6, 2019 No Responses

Nigeria Begins Sale Of 2, 3 Year Savings Bonds

The Federal Government on Monday offered for subscription two-year savings bond at 10.301 per cent and three-year savings bond at 11.301 per cent per annum, the Debt Management Office (DMO) has said.According to the offer circular obtained from the DMO...

August 5, 2019 No Responses

Nigeria To Address VAT Exemption, Others On Capital Market Transactions

The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on capital market transactions.This was stated by Vice President Yemi Osibanjo at the Awards Night of the...

August 5, 2019 No Responses

NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.The NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, told the News Ag...

August 4, 2019 No Responses

Omo-Agege To Oil Firms: Relocate Headquarters To N/Delta

Deputy President of the Senate Ovie Omo-Agege has urged oil companies operating in the Niger Delta region to relocate their headquarters to the region.Mr. Yomi Odunuga, his Special Adviser on Media and Publicity in astatement on Saturday in Abuja, said...

August 3, 2019 No Responses

Customs Impounds 4.5 Tons Of Cocaine

Germany’s customs have found 4.5 tons of cocaine onboard a containership at the Port of Hamburg, representing the largest-ever cocaine shipment seized. The shipment, consisting of more than 4,200 parcels was discovered in 211 black sports bags in a container...

August 3, 2019 No Responses

Kia Motors Revs Up Service, Training Network

Kia Motors on Friday commenced its widespread service network of 192 centres across 160 cities in India. Kia in a statement explained that through IoT-based Kia Link App, the company aims to offer seamless and new-age car service and vehicle...

August 3, 2019 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (left), presents a plaque to the Chief Operating Officer, Upstream, Nigerian National Petroleum Corporation (NNPC),Roland Ewubare, during a working visit to the Corporate Headquarters of ...

August 3, 2019 No Responses

UBA Rewards 20 Promo Winners With N30m

United Bank for Africa (UBA) Plc, has again rewarded another 20 customers who have emerged winners in the third quarterly draw of the UBA Wise Savers Promo winning N1.5 million each, bringing the total amount won so far by 60...

August 2, 2019 No Responses

Ceat Tyre Declares 15% Increase In Q1 Profit

Tyre maker, Ceat on Thursday reported 15 per cent increase in its consolidated profit at for the first quarter ended June 30, 2019. Anant Goenka, Managing Director, CEAT Limited said, “The impact of fall in demand from automobile manufacturers has...

August 2, 2019 No Responses

NSE Delists First Aluminium Shares

The Nigerian Stock Exchange (NSE) has delisted the entire issued share capital of First Aluminium Nigeria Plc. In a statement, NSE explained that the move followed the suspension of trading in the shares of the company in preparation for the...

August 2, 2019 No Responses

Customs Intercepts Another Dangote Truck With Bags Of Smuggled Rice

The Nigeria Customs Service (NCS) command in charge of Niger/ Kogi/ Kwara on Thursday disclosed that it intercepted a truck belonging to the Dangote Group loaded with 700 bags of smuggled rice. In a statement, the command explained that its...

August 2, 2019 No Responses

NLNG, Rivers, Bonny Inaugurate Health Insurance Scheme

Nigeria LNG Limited (NLNG), Rivers State Government and Grand Bonny Kingdom on Thursday inaugurated the Governing Board of the Bonny Community Health Insurance Programme, kicking off a scheme to ease financingand access to quality health care in Bonny Ki...

August 2, 2019 No Responses

Photo News

L-R: Chief Operations and Information Officer, Fidelity Bank Plc., Gbolahan Joshua; Media On-air Personality, Inspiration FM & Anchor of the SME Radio Forum, Chioma Okpala; General Manager/Regional Bank Head, Ikeja, Fidelity Bank Plc., Kenneth Opara; Chief...

August 1, 2019 No Responses

NPA Photo News

Managing Director, Hadiza Bala Usman (right)and the Comptroller of Immigration Service, Lagos Seaport/Marine Command, Olubusola Fashakin during a courtesy visit on Wednesday.