City BusinessNews Archives — Page 92 of 371

November 3, 2023 No Responses

Maida: Robust FinTech Critical For Deepening Financial Inclusion In Nigeria

The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and...

November 2, 2023 No Responses

Seplat Energy Appoints Three Independent Non-Executive Directors

The Board of Directors of Seplat Energy Plc has announced the appointment of Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. A statement sent to City Business News explained that....

November 2, 2023 No Responses

AfCFTA: Nigeria To Host West, Central African Ports

In recognition of the remarkable improvements demonstrated by the Nigerian Ports Authority (NPA) toward advancing the frontiers of trade facilitation, the Port Management Association of West & Central Africa (PMAWCA) has conferred the hosti...

November 2, 2023 No Responses

NGX All-Share Index Crosses 70,000 Mark

Transactions on the Nigerian Exchange (NGX) closed trading on Wednesday, November 1st, 2023, in the positive territory as the All-Share Index appreciated by 1.94% to cross 70,000 index points.  The equities market gained 1.94% as the market capitalizat...

November 1, 2023 No Responses

NIMASA Hosts Regional Training On Biofouling Technology Transfer

As part of efforts to explore the newest technologies in Biofouling and in compliance to International Maritime Organization (IMO) rules, the Nigerian Maritime Administration and Safety Agency (NIMASA) is hosting a 3-day Biofouling Management Training for coas...

November 1, 2023 No Responses

Lagos Shuts 34 Firms Over Tax Debts

The Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organizations for failing to remit Personal Income Taxes of their employees and for non-remittance of Consumption Taxes by operators in the hospitality sector to the Lagos State Gover...

November 1, 2023 No Responses

Lagos signs $1.35b Deal For Fourth Mainland Bridge, Others

The Lagos State Government has signed a partnership with the African Export-Import Bank (Afreximbank) and Access Bank for an investment of $1.352 billion investment in long-term infrastructure projects in the state. Lagos State Governor, Babajide Sanwo-Olu, wh...

October 31, 2023 No Responses

Be Cyber Security Conscious, Ecobank Advises Customers

Ecobank Nigeria has advised its customers and stakeholders to stay safe online and boost their cybersecurity initiatives against the rising activities of cyber criminals. In a message to customers via email, as part of Cybersecurity Awareness Month, the bank...

October 31, 2023 No Responses

FEC Approves N2.1tri Supplementary Budget For 2023

The Federal Executive Council (FEC) has approved the supplementary budget of over N2 trillion for the year 2023, the second this year. The council granted the approval on Monday during its weekly meeting presided over by President Bola Tinubu. This...

October 31, 2023 No Responses

Lagos First Lady Flags Off HPV Vaccination For Young Girls

The First Lady of Lagos State, Dr. Mrs. Claudiana Ibijoke Sanwo-Olu has encouraged parents and Lagos residents to ensure that their female children and wards are vaccinated with the Human Papillomavirus (HPV) vaccine for the protection of young girls from...

October 30, 2023 No Responses

Wabote: Two Edo Refineries To Boost Nigeria’s 1.5m bpd Refining Capacity By 2025

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has said that the two refineries in Edo State, the Edo Refinery and Duport Midstream Refinery, which are currently refining pet...

October 30, 2023 No Responses

Isale Eko Descendants Donates Medical Supplies To Commemorate Oba Akiolu’s 80th Birthday

The Isale Eko Descendants’ Union (IDU) has extended warm congratulations to the esteemed Lagos community and beyond on the occasion of the 80th birthday of His Royal Majesty, Oba Rilwan Babatunde Osuolale Aremu Akiolu, the Oba of Lagos. In a press ...

October 29, 2023 No Responses

Bello, Onyema, Maida, Yusuf, Sheidu-Shabi For City Business News Summit

All is now set for the City Business News Summit scheduled to hold November 8, 2023 at Oriental Hotels, Lagos State.Expected at the Business Summit titled: “Repositioning Nigerian Economy: 2023 And Beyond” are financial experts, regulators, Indu...

October 29, 2023 No Responses

Hyundai Seals $3.9b Deal With Qatar For 17 LNG Carriers

South Korean shipbuilding major, HD Hyundai Heavy Industries, has signed the contract for the construction of 17 liquefied natural gas (LNG) carriers with Qatar Energy worth $3.9 billion. The contract signing was held as part of South Korea’s President Yoon....