Information – Page 275 – City Business News

April 15, 2023 No Responses

GTCO Declares N214b PBT For 2022

Guaranty Trust Holding Company Plc (GTCO) on Friday announced a profit before tax (PBT) of N214.2 billion in its Audited Consolidated and Separate Financial Statements for the year ended, December 31, 2022. The decrease in profit before tax, according to...

April 15, 2023 No Responses

NPA Receives 26 Ships Laden With Assorted Goods At Lagos Port

The Nigerian Ports Authority (NPA) on Friday disclosed that 26 ships laden with assorted goods were expected at the Lagos Port Complex from April 14 to April 30. The NPA listed the goods contained in the ships as general cargo,...

April 15, 2023 No Responses

SIFAX Group Appoints Odeyemi Group Head Legal

SIFAX Group, a conglomerate with investments in Maritime, Aviation, Logistics, Oil & Gas, Financial Services and Hospitality, has appointed Jesuyemisi Odeyemi as the new Group Head, Legal Services/Company Secretary. She will be responsible for all legal ma...

April 15, 2023 No Responses

Ford Unveils Hands-Free Driving Technology

Ford drivers will legally be able to take their hands off the wheel on the move after its BlueCruise technology has been approved in the UK. BBC report that Ministers have approved the “hands-off, eyes-on” technology for use on certain...

April 15, 2023 No Responses

3,124 Edo Residents Benefit From FG’s Conditional Cash Transfer

Not less than 3,124 Edo State residents, on Friday, benefitted from Federal Government’s Conditional Cash Transfer programme. Head of Unit, Household Uplifting Programme (HUP), Edo State Cash Transfer Unit, Mrs. Flora Bossey, while addressing journalists aft...

April 14, 2023 No Responses

OPEC Predicts 2m Barrels Per Day Shortfall By Year End

The oil market is heading for a significant shortfall of around two million barrels per day at the end of the year as a result of a production cut by major producers. The Organisation of the Petroleum Exporting Countries (OPEC)...

April 14, 2023 No Responses

Dangote Cement Pledges Higher Returns To Shareholders

Chairman of Dangote Cement Plc, Aliko Dangote has guaranteed shareholders and other stakeholders of the company’s management’s resolve to keep the company profitable by leveraging on strategic innovations for the continuous growth of their investments. Spe...

April 14, 2023 No Responses

SEC Reiterates Support For Minority Shareholders

The Securities and Exchange Commission (SEC) has assured investors that the interest of minority shareholders would be protected during all transactions in the capital market.The Director General, SEC, Mr. Lamido Yuguda gave the assurance in Abuja while briefi...

April 14, 2023 No Responses

FAO: Gender Inequalities In Agriculture Costs World $1trn

The UN’s Food and Agriculture (FAO) has declared that gender inequalities in food and agriculture are costing the world over one trillion dollars, noting that leveling the playing field for women working in the sectors can bring growth and help...

April 14, 2023 No Responses

NGX, Stakeholders To Unfold Opportunities In ETFs Market

Nigerian Exchange (NGX) in collaboration with key stakeholders in the capital market is to address major challenges and unfold opportunities in the Exchange Traded Funds (ETFs) market. Mr Clifford Akpolo, Head, Marketing and Corporate Communications, NGX in a ...

April 14, 2023 No Responses

Market Capitalisation Drops By N5b

The stock market on the Nigerian Exchange Ltd. on Thursday recorded a bearish tilt as the overall capitalisation dropped by N5 billion. The All Share Index (ASI) decreased by 8.83 points, representing a decline of 0.02 per cent to close...

April 13, 2023 No Responses

First LNG Cargo Arrives Philippines

Global LNG logistics company, Atlantic Gulf & Pacific (AG&P) has received the first LNG cargo at the first LNG import terminal in the Philippines. The commissioning cargo for the Philippines LNG (PHLNG) terminal was delivered on board the 162,000 cbm.....

April 13, 2023 No Responses

DMO Re-Opens N360b FGN Bonds For Subscription

The Debt Management Office (DMO) has listed four Federal Government of Nigeria (FGN) bonds valued at N360 billion for subscription at N1,000 per unit. The first offer is a February 2028 FGN Bond valued at N90 billion, at an interest...

April 13, 2023 No Responses

Edo To Construct Nine Parks, Gardens

The Edo State Government has concluded plans to construct nine parks and gardens in locations across Benin City, the state capital. In a statement, the Commissioner for Environment and Sustainability, Engr. Osasere Evbuomwan, urged members of the public to coo...