Information – Page 346 – City Business News

August 1, 2022 No Responses

Stallion Targets 20% Market Share with MG ZS Crossover

Stallion MG has expressed confidence that its recently launched MG ZS would, in 2022, capture between 15% and 20% share of Nigeria’s-SUV market*. Anurag Shah, General Manager, Stallion MG Automobiles Ltd., Nigeria’s official representative of the British brand Morris Garages,...

July 31, 2022 No Responses

ILO Tasks Nigeria On Investments In Social Protection

The International Labour Organisation ( ILO) on Saturday in Abuja charged the Nigerian government to increase investments in social protection to eliminate child labour. Its Country Director in Nigeria, Ms Vanessa Phala, made the call during a...

July 31, 2022 No Responses

ABCON Urges CBN To Float Naira

The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to float the Naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in...

July 31, 2022 No Responses

Beware Of Scammers’ Tricks, Chevron Warns Job Seekers

Chevron Nigeria Limited (CNL) has advised job seekers to always check its website and national newspapers for job advertisements. The Company’s General Manager, Policy, Government and Public Affairs, Mr Esimaje Brikinn, gave the advice in a statem...

July 31, 2022 No Responses

FRSC Appoints Hafiz Mohammed As Principal Staff Officer To Corps Marshal

The Federal Road Safety Corps (FRSC) has deployed Kaduna State Sector Commander, Mr Hafiz Mohammed, to headquarters in Abuja as Acting Principal Staff Officer to the newly appointed Corps Marshal, Dauda Ali Biu Already, Mohamme...

July 30, 2022 No Responses

FBN Holdings Declares N359.2b Gross Earnings, N56.5b Profit In Six Months

FBN Holdings Plc has announced its unaudited results for the half year ended June 30, 2022 with a gross earnings of N359.2 billion. In a statement on Friday, the company explained that the gross earnings indicated an increase of 22.4...

July 30, 2022 No Responses

Acting Corps Marshal Warns FRSC Personnel Against Misconduct

The Acting Corps Marshal, Federal Road Safety Corps (FRSC), Mr Dauda Biu, has warned officers and men of the Corps against any form of misconduct in the discharge of their duties. Biu issued the warning in his inaugural virtual meeting...

July 30, 2022 No Responses

NIMASA Board Appoints Three Directors, Promotes 469 Others

The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the appointment of three new Directors. A statement on Friday explained that the new directors are Mr Otonye Obom, Captain Sunday Umoren a...

July 30, 2022 No Responses

Unity Bank Posts N27.6b Gross Earnings In Six Months

Unity Bank Plc has announced a gross earnings of N27.6 billion for the first half of 2022 ended June 30. According to the result, the figure represented a growth of 17.09 per cent compared with N23.6 billion posted in the...

July 30, 2022 No Responses

Buhari Approves Lekki Deep Seaport For Commercial Operations

President Muhammadu Buhari has approved the designation of Lekki Deep Seaport as a Customs Port and Approved Wharf. This is contained in the official Twitter handle of the Nigerian Ports Authority (NPA) on Friday. It stated that the Managing Direct...

July 29, 2022 No Responses

FG Sets To Implement 5% Excise Duty On Telecom Services

Nigerians will soon start paying 12.5 per cent tax on telecommunications services as the Federal Government plans to implement a five per cent inclusive excise duty on telecommunications services in Nigeria. The Minister of Finance Budget and National Planni...

July 29, 2022 No Responses

Hyundai, Kia Join Korean Research Group

Hyundai Motor and Kia have signed joint research agreements with six Korean research institutes and formed a consultative body to develop mobility solutions to explore the surface of the moon. The announcement follows Korea’s successful launch of...

July 28, 2022 No Responses

Ministry Inaugurates Committee On Oil, Gas Investment Promotion

The Ministry of Petroleum Resources has inaugurated a committee on the Establishment of an Oil and Gas Investment Promotion Office to spur investment in the sector. Mr Kamoru Busari, Director overseeing the Office of the Permanent Secretary said that having...

July 28, 2022 No Responses

Sambo Appoints Dantsoho, Ex Onne Port Manager As Chief Of Staff

The Minister of Transportation, Mr Mu’azu Sambo has appointed former Onne Port Manager, Rivers State, Dr Abubakar Dantsoho, as his Chief of Staff. A statement issued on Thursday by Mr Eric Ojiekwe, Director of Press and Public Relations of the minis...