Economy – Page 112 – City Business News

July 22, 2024 No Responses

Seplat Energy Concludes Media Training For Editors, Correspondents

Seplat Energy Plc has concluded the second phase of its media training programme for journalists and media practitioners in Nigeria. The second phase of the programme covers forty-five (45) Capital Market Editors/Correspondents as well as some Judiciary and Business writers.The...

July 22, 2024 No Responses

Single Window: Shippers Council Seeks Stakeholders Collaboration

The Nigerian Shippers Council (NSC) has expressed its support for the National Single Window (NSW) Steering Committee as part of measures to promote effective operationalization of the platform. The Executive Secretary/Chief Executive Officer of NSC, Pius Akut...

July 22, 2024 No Responses

Zenith Bank Retains Position As Nigeria’s Number One Bank By Tier-1 Capital For Fifteen Consecutive Years

For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places...

July 22, 2024 No Responses

ECU Partners SIFAX Shipping On Global Market Access

ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and a leader in LCL consolidation, has partnered with SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, to introduce LCL consolidation services to exporters especially Small and ...

July 21, 2024 No Responses

Dangote To Reps: Probe Quality Of Petrol, Diesel At Filling Stations

Foremost industrialist and President of the Dangote Group, Aliko Dangote has called on the House of Representatives to investigate the quality of diesel and petrol at filling stations. Dangote made the call on Saturday when he received the leadership of t...

July 21, 2024 No Responses

Edo 2024: Obaseki Meets PDP Leaders, Confident Of Victory In Guber Poll

The Edo State Governor, Mr. Godwin Obaseki, at the weekend, met with leaders of the Peoples Democratic Party (PDP) from each ward across the 18 local government areas of the State to strategize ahead of the governorship election taking place...

July 20, 2024 No Responses

Tinubu Receives ENI Delegation

President Bola Tinubu on Friday in Abuja received a delegation from international energy company, ENI. Tinubu commended the company for its proposed new investment in Nigeria, reiterating his vision of making the nation more globally competitive and an investm...

July 20, 2024 No Responses

CBN Allocates $106.5m To 29 FX Dealer Banks

The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX dealer banks. In a statement issued on Friday by Dr Omolara Omotunde Duke, Director, Financial Markets Department, it was disclosed...

July 19, 2024 No Responses

WITH GIANTS CAMPAIGN, FIRSTBANK IS TRULY WOVEN INTO THE FABRIC OF SOCIETY

The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and...

July 19, 2024 No Responses

Firm Secures $2.67b Contract For 12 Containerships

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has been awarded a contract to construct twelve containerships for an undisclosed shipowner. The order is split between HD KSOE’s two subsidiaries, HD Hyundai He...

July 19, 2024 No Responses

CBN Approves $20,000 For Each BDC Operator

The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at 1,450 naira to a dollar. The apex bank said the sum of $20,000 is to be sold to...

July 19, 2024 No Responses

Minimum Wage: Why Labour Accepted ₦70,000, By NLC, TUC

The Organised Labour agreed to ₦70,000 as the new minimum wage for Nigerian workers because the wage reviews in the country will no longer be every five years but once in three years, the President of the Nigeria Labour Congress...

July 19, 2024 No Responses

Ecobank To Host SMEs On Solar Energy As Alternative Power Source

Ecobank Nigeria is set for its SME Conference on the use of Solar Energy as an alternative source of power for businesses in Nigeria. The monthly virtual conference is part of the Bank’s MySME Growth Series designed to empower SMEs...

July 17, 2024 No Responses

Auto Stakeholders Commence Exhibition Of Made-In-Nigeria Vehicles

The Nigeria Automotive Industry Stakeholders Conference, anchored by Value Plus Creation and Data Technology Managers in collaboration with the National Automotive Design and Development Council (NADDC), on Wednesday, 17th July, 2024, commenced profiling...