Citybusinessnews Archives — Page 13 of 38

June 23, 2023 No Responses

FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the first two IFRS...

June 23, 2023 No Responses

Photo News

L – R: Mr Abiona Babarinde, General Manager, Marketing and Corporate Communications, Coscharis Group; Mr. David Greene, United States Embassy Charge d’ Affaires for Nigeria; Mr. Josiah Samuel, Group Managing Director, Coscharis Group; Mr. Joseph Omokha...

June 22, 2023 No Responses

America’s 10 Richest People Worth More Than 106 Poorest Countries

The concentration of wealth in the hands of a privileged elite has long been a subject of concern and scrutiny, with the gap between the poor increasingly widening. The impact of the gap is highlighted by the fact that the...

June 22, 2023 No Responses

Obaseki Assigns Portfolios To New Commissioners

The Edo State Governor, Mr. Godwin Obaseki, has approved the assignment of portfolios to the new Commissioners who were recently inaugurated as members of the Edo State Executive Council (EXCO). The governor had on Tuesday, June 13, inaugurated 15 new com...

June 22, 2023 No Responses

Agribusiness: Ecobank Restates Commitment To Youth Empowerment

The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business ...

June 22, 2023 No Responses

FIRS Partners Market Traders Association On VAT Remittance From Informal Sector

The Federal Inland Revenue Service (FIRS) has partnered Market Traders Association of Nigeria (MATAN) as part of measures to collect and remit Value Added Tax (VAT) to the FIRS from markets, especially in the informal sector. The Association which ...

June 22, 2023 No Responses

Photo News

Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko (Middle), Chairman Lagos State Water Corporation, Engr. Mumuni Adekunle Badmos (left) and the Chairperson, Apapa Local Government Area, Hon. Idowu Sebanjo during the commissioning of the re...

June 20, 2023 No Responses

Italy Blocks Chinese Control Of Pirelli Tyre

Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy’s government to protect Pirelli’s independence. Beijing-controlled chemical giant Sinochem ...

June 20, 2023 No Responses

IndiGo Places Order For 500 Airbus A320 Aircraft

Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft – the largest single purchase agreement by any airline in commercial aviation history. The deal, announced on the first day of the Paris Airshow, is worth roughly...

June 19, 2023 No Responses

Tinubu Dissolves Board Of Parastatals, Agencies, Others

President Bola Ahmed Tinubu, GCFR, has approved the immediate dissolution of the Governing Boards of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies in the exercise of its Constitutional Powers and in the Public inter...

June 19, 2023 No Responses

ExxonMobil Appoints Shane Harris Chairman/MD

ExxonMobil has appointed Shane Harris as the new chairman and managing director of its affiliates – Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production Nigeria – in Nigeria. A statement is...

June 19, 2023 No Responses

Tinubu Retires Service Chiefs, Appoints Adeniyi Customs Boss

President Bola Ahmed Tinubu has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, and Comptroller-General of Customs. In a statement issued on Monday by the Director, Information, Office of the Secreta...

June 19, 2023 No Responses

Benin Port: Bidders Inspect Project Site

As part of measures by the Edo State Government to fast-track the development of the Benin Port, bidders for the project have visited and inspected the confluence of the Benin River and Osse River, to assess the site conditions and available...

June 19, 2023 No Responses

Stallion Group Reaffirms Hyundai Kona EV Leadership, Energy Costs, Environmental Impact

Stallion Motors Nigeria has reaffirmed its leadership in the Nigerian automobile industry with the commendation of the company’s Hyundai Kona EV, Nigeria’s first locally produced electric vehicle by Vice President Kashim Shettima. Produced from its Lagos p...