Citybusinessnews Archives — Page 49 of 59

October 28, 2022 No Responses

TotalEnergies Attains $9.9b Income In Q3

French-headquartered energy giant TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter (Q3) of 2022 on a year-on-year basis, driven by its LNG business and higher gas prices due to the Ukraine crisis. TotalEnergies revealed on...

October 28, 2022 No Responses

NCS Intercepts N2.2b Cannabis Sativa, Rice, Others

The Nigeria Customs Service (NCS), Western Marine Command (WMC) within five months intercepted Cannabis Sativa (Marijuana), foreign parboiled rice and other items with a Duty Paid Value (DPC) of N2,233,808,950. A statement issued on Thursday, Comptroller ...

October 28, 2022 No Responses

Sterling Bank Highlights Opportunities In Agric Sector

There are massive opportunities in the agricultural sector of the Nigerian economy for those who are prepared to work hard with a clear vision and commitment, Chairman, Board of Directors, Sterling Bank, Asue Ighodalo has said. Ighodalo made the.....

October 28, 2022 No Responses

Emefiele To Risks Managers: Remain Vigilant, Deal With Complex Risks

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged risks managers to be vigilant in order to deal with the complex risks the country is currently facing. Emefiele gave the advice at the 2nd National Risk Management Conference,.....

October 28, 2022 No Responses

FBN Holdings Declares N91.2b Profit In Q3

For the third quarter ended September 30, 2021, FBN Holdings (FBNH) Plc has declared a profit after tax (PAT) of N91.2 billion, amounting to a growth of 123.6 per cent when compared with N40.8 billion achieved in the comparative period of...

October 27, 2022 No Responses

Grimaldi Secures Order For Five Car Truck Carriers

The Italian shipping company Grimaldi Group has signed an order for the construction of five new Pure Car Truck Carriers (PCTCs) with China Merchants Heavy Industries Jiangsu, which is part of China Merchant Industry Holdings. According to World Maritime ...

October 27, 2022 No Responses

Hyundai breaks Ground On $5.5b EV, Battery Plant

Hyundai Motor Company broke ground on a $5.54 billion Electric Vehicle (EV) and battery plant in the United States. According to Reuters, the investment is the largest in the state’s history and the latest in a string of EV...

October 27, 2022 No Responses

FIRS Begins Direct Collection Of Taxes From Online Gaming Operators

The Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution. In a Public Notice signed by its E...

October 27, 2022 No Responses

Family Seeks Justice Over Alleged Removal Of Dead Child’s Body Parts

The family of Mr. Promise John has petitioned the Police Command in Delta over the alleged removal of some parts of their dead child in a hospital in Asaba. The News Agency of Nigeria (NAN) reports that the alleged...

October 25, 2022 No Responses

US Coast Guard Lauds NIMASA

The United States Coast Guard, USCG, through Captain Brian Lisko of the US Department of State has commended the efforts of the Nigerian Government to suppress criminality in Nigeria’s maritime domain and by extension the Gulf of...

October 25, 2022 No Responses

Meshioye Emerges 11th President Of MAN

A businessman, Otunba Francis Meshioye has emerged 11th President of the Manufacturers Association of Nigeria (MAN). A statement issued on Monday by the association’s Public Relations Officer, Mrs Omotayo Okewunmi, explained that Meshioye was elected a...

October 16, 2022 No Responses

Sanwo-Olu Increases Students’Bursary By 100 Per Cent

Lagos State Governor, Babajide Sanwo-Olu has approved an increment of 100 per cent on bursary payable to students of Lagos State origin in tertiary institutions across the country. The Executive Secretary, Lagos State Scholarship Board, Mr Abdur Rahaman L...

October 16, 2022 No Responses

NCS: National Award To C-G, Three Others, Evidence Of Customs Efficiency

The recent conferment of National Honours on the Comptroller-General, retired Col. Hameed Ali and three officers is an evidence of Nigeria Customs Service (NCS) efficiency. The National Public Relations Officer of the service, Deputy C...

October 16, 2022 No Responses

Romeo Oriogun’s Nomad Wins The Nigeria Prize For Literature

The Advisory Board for The Nigeria Prize for Literature, sponsored by Nigeria LNG Limited, has announced Nomad, authored by the poet, Romeo Oriogun, as the winner of the $100,000 prize for the 2022 cycle on Poetry. Professor Akachi Adimora-Ez...