Information – Page 354 – City Business News

July 8, 2022 No Responses

CAF Releases First List Of Women Nominees For 2022 Awards

The Confederation of African Football (CAF) on Thursday released the first list of Women nominees for the 2022 CAF Awards in Morocco. A statement on the CAF website noted that the first list would still be narrowed to final nominees,...

July 7, 2022 No Responses

BEDC Tackles FG, Fidelity Bank Over Takeover Move

Fidelity Bank Plc lacks the legal authority to take over Benin Electricity Distribution Company (BEDC), the management of the company declared on Thursday. On Tuesday, the Federal Government announced the restructuring and take-over of five electricity distr...

July 7, 2022 No Responses

NADDC, FRSC, Coscharis, Weststar, Stallion, Others Back 2022 NAJA Training

All is now set for this year’s edition of the Nigeria Auto Journalists Association (NAJA) Training/Capacity Building programme scheduled to take place on Friday, July 29, 2022 at the Golden Tulip Hotel Essential, located on International Airport Road, La...

July 7, 2022 No Responses

Ardova Declares N1.54b Profit For 2021

For the financial year ended December 31, 2021, Ardova Plc (AP) has reported a profit of N1.54 billion. In its audited financial statements and first quarter (Q1) 2022 unaudited financial results which were released on Thursday, Ardova Plc explained that...

July 7, 2022 No Responses

NIMASA Donates Items To Hospitals, Schools In Plateau

The Nigerian Maritime Administration and Safety Agency (NIMASA) have donated hospital equipment and educational items to some hospitals and schools in Plateau State. NIMASA Assistant Director, Special Duties (External Relations & Technical Cooperation), Mr...

July 7, 2022 No Responses

Tax Development: FIRS Boss Harps On Collaboration Among Regulatory Bodies

The Federal Inland Revenue Service (FIRS) has described collaboration among regulatory bodies as critical in deepening FIRS institutional framework through qualitative reporting and effective representation of their clients. Mr Muhammad Nami, the Executive C...

July 7, 2022 No Responses

FEC Approves N22b For NCDMB Conference Hostel Facility

The Federal Executive Council (FEC) has approved N22 billion for the construction of a conference hostel facility for the Nigeria Content Development and Monitoring Board (NCDMB). The facility is to be located opposite the NCDMB building in Yenegoa, the ...

July 7, 2022 No Responses

FG Targets N720b in Q3 As DMO Unveil Bond Issuance Calendar

The Federal Government is set to generate about N720 billion in the third quarter of 2022 from FGN Bonds. This is according to “FGN Bond Issuance Calendar For Third Quarter, 2022” as released by the Debt Management Office (DMO). The...

July 7, 2022 No Responses

SAAF Pledges To Make Benue Oil Palm Hub

The Director of Agriculture Services, Sir Alex Addingi Foundation (SAAF), Mr Sam Agwa, has pledged the commitment of the foundation to make Benue an oil palm hub. Agwa made the promise during the signing of a Memorandum of Understanding between...

July 7, 2022 No Responses

Abia Awaits DMO’s Nod To Commence Work On Dry Port

The Commissioner for Transport in Abia State, Chief Godswill Nwanoruo, on Wednesday, said the state is awaiting the Debt Management Office’s (DMO) nod to start construction work at the Isiala Ngwa Dry Port.Nwanoruo disclosed this in an interview with the...

July 6, 2022 No Responses

British Airways Cancels 1,500 More Flights

British Airways has cancelled a further 1,500 flights, mostly for July. The wave of cancellations made over the past weeks will affect tens of thousands hoping to jet off this summer from Heathrow and Gatwick. BBC reports that the industry...

July 6, 2022 No Responses

NLNG, Seplat Proffer Solutions To Nigeria’s Gas Crisis

Stakeholders in the gas sector on Tuesday called for a holistic approach in fixing Nigeria’s gas crisis, especially with the lingering supply shortage and price increment. The stakeholders identified insecurity, naira depreciation and lack of a workabl...

July 6, 2022 No Responses

Air Peace Expands Flight Operations To China, India

Nigeria’s leading airline, Air Peace, has revealed plans to extend its wings to Guangzhou, China and Mumbai, India, with scheduled flight operations in July, 2022. The airline has also disclosed that Israel operations kick-off is underway. ...

July 6, 2022 No Responses

Maersk Tankers Unveils Digital Solution To Track Emissions

Danish tanker shipping firm Maersk Tankers, together with shipowners in its pools, has launched a new digital solution to help owners meet the required marine emissions standards. Shipowners are facing new regulations from 1 January 2023, requiring them to tra...