Citybusinessnews Archives — Page 11 of 38

July 27, 2023 No Responses

Wike, El-Rufai, Umahi, Others Make Ministerial List

President Bola Tinubu through his Chief of Staff, Femi Gbajabiamila, on Thursday presented ministerial list before the Senate. Gbajabiamila presented the list to Senate President Godswill Akpabio at exactly 01:19 pm. Akpabio thereafter read the ministerial list with 28 nominees. Some...

July 27, 2023 No Responses

Honda Unveils ‘Purchase Palliatives’ As Competitors Raise Prices

Honda Automobile Western Africa Ltd (HAWA), the company that assembles a range of Honda cars for the Nigerian market, has unveiled what has been described in the local market as a unique and customer-friendly sales/after-sales package. HAWA is introducing the....

July 26, 2023 No Responses

Navy Deploys Deep Blue Assets Across South West, Central, Eastern Zonal Operations

The Nigerian Navy says assets acquired by the Nigerian Maritime Administration and Safety Agency, NIMASA under the Integrated National Security and Waterways Protection Infrastructure, otherwise known as the Deep Blue project have been deployed across the Sout...

July 26, 2023 No Responses

Lanre Shittu Begins Nationwide Training, Empowerment Of Mechanics

Lanre Shittu Motors (LSM) has commenced training and empowerment of auto mechanics across the country.The intensive training programme, which started in Ekiti State in conjunction with the National Automotive Design and Development Council (NADDC), is set to m...

July 26, 2023 No Responses

Again, Ecobank Bags Euromoney Africa’s Best Bank for SMEs Award

Ecobank has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group...

July 25, 2023 No Responses

Obaseki Appoints Andrew Okungbowa As Chief Press Secretary

The Edo State Governor, Mr. Godwin Obaseki, has appointed Mr. Andrew Okungbowa as his Chief Press Secretary (CPS). In a statement, Secretary to the Edo State Government, Osarodion Ogie Esq., said the appointment takes immediate effect. The statement reads: “...

July 22, 2023 No Responses

Ecobank Woos SMEs In Nigeria With Single Market Trade Hub

Ecobank has called on Small and medium Enterprises (SMEs) as well as large businesses in the country to onboard on its Single Market Trade Hub which was launched recently. The Ecobank Single Market Trade Hub is a cutting-edge digital platform...

July 22, 2023 No Responses

No Vessel Caught Fire At Ports & Cargo Handling Services

Management of Ports & Cargo Handling Services Ltd., at Tin Can Island Port, on Friday, said that no vessel caught fire at its terminal. Group Head, Corporate Communications, SIFAX Group, Mr Olumuyiwa Akande, said: “Our attention has been drawn to...

July 22, 2023 No Responses

NNPCL Pays N123b Interim Dividend To FAAC

As part of measures to consolidate its post Petroleum Industry Act (PIA) 2021 status as an income generating company, the Nigerian National Petroleum Company Limited (NNPCL), on Thursday commenced the payment of interim dividend and PSC profit oil into the...

July 22, 2023 No Responses

NGX Reclassifies Fidelity Bank As Medium Price Stock

Nigerian Exchange Limited (NGX) has announced the reclassification of Fidelity Bank Plc from Small price stock to Medium price stock. NGX in a statement explained that Rule 15.29 of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) notes that...

July 21, 2023 No Responses

Eleven Jostle For $100,000 Nigeria Prize For Literature

The Advisory Board for The Nigeria Prize for Literature on Thursday announced the longlist of 11 drawn from 143 plays in the running for the 2023 edition of the prize. The genre in focus is Drama.The literature prize is sponsored...

July 18, 2023 No Responses

Petrol Pump Price Climbs to 617, 700 Naira in Lagos, Abuja

July 18, 2023 No Responses

NPA Generates N191.4b Revenue In Six Months, Remits N55.7b To CRF

The Nigerian Ports Authority (NPA) has generated a total revenue of N191, 430,093,501.00 (One hundred and ninety-one billion, four hundred and thirty million, ninety-three thousand and five hundred and one naira only) from its operations in the first half of.....

July 16, 2023 No Responses

WARRI PILOTAGE DISTRICT BERTHING VESSELS DESPITE CHALLENGES

Although the Escravos breakwaters constructed to prevent the siltation of the Warri channels collapsed decades ago and the current Management of the Authority, led by the Managing Director, Mohammed Bello Koko, has concluded the survey and mapping of the chann...