Information – Page 356 – City Business News

July 2, 2022 No Responses

FMDQ Exchange Lists Presco’s N50b Bond

The FMDQ Securities Exchange Ltd has approved the listing of oil palm processing company, Presco Plc’s N50 billion bond on its platform. In a statement issued on Friday, FMDQ said: “Following the due diligence of the Exchange’s Board Listings and Markets...

July 2, 2022 No Responses

NCDMB Partners Shell, Exxon, NAOC On Oil & Gas Parks

By Moses Ebosele, ebosele@hotmail.com — Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian Agip Oil Company (NAOC) have made significant investments in suppor...

July 2, 2022 No Responses

Farmer In Court For Alleged Palm Fruits Theft

A 45-year-old farmer, Alex Akudo, on Friday appeared before an Okitipupa Chief Magistrates’ Court in Ondo State for allegedly stealing palm fruits worth N250,000. The defendant, whose residential address was not provided, was charged with felony and st...

July 2, 2022 No Responses

NEPC Trains 45 Newly Registered Non-Oil Exporters

The Nigerian Export Promotion Council (NEPC) on Friday trained 45 newly registered non-oil exporters in Enugu State on export procedures documentation, certification and other needs. The Assistant Director, NEPC, Mrs Ngozi Ibe, said that ...

July 2, 2022 No Responses

Three Years After, Life Returns To Calabar Port

Calabar Port has returned to life three years after a ship berthed there, Prompting widespread joy and celebration. A general cargo vessel berthed at the port with 204 heavy-duty trucks, 22 cubic meters of mostly pipes, and other containers. Speaking...

July 2, 2022 No Responses

Apapa Customs Command Generates N522.4bn In Six Months

The Nigeria Customs Service (NCS), Apapa Area Command, has generated N522.4 billion in the first half of 2022. The Area Controller, Comptroller Malanta Yusuf, made this known at a news conference in Lagos on Friday. Yusuf said that the figure...

July 2, 2022 No Responses

NGX Suspends Ardova, Niger Insurance, C&I Leasing, Others

The Nigerian Exchange Limited (NGX) has suspended nine companies, effective Friday, 1 July 2022, having failed to file their Audited Financial Statements for the year ended 31 December 2021. The companies according to a statement from the NGX include Afr...

July 2, 2022 No Responses

First Vessel Berths At Lekki Deep Seaport

Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the commencement of operations of the 1.5 billion Lekki Deep Seaport arrived in Nigeria on Friday. The News Agency of Nigeria(NAN) reports that operations at the Deep Seaport are expected to...

July 2, 2022 No Responses

Traditional Ruler Wades Into Okomu Oil, Community Crisis

The Iyase (Traditional ruler) of Udo, Ovia South-West local government area of Edo State, Chief Patrick Igbinidu, has urged the people of Imaroghioba community to always honour its agreement with Okomu Oil Palm Company Plc. Reacting to Wednesday’s attac...

July 1, 2022 No Responses

COVID-19: Nigeria Confirms 332 New Cases

Nigeria’s commercial capital city, Lagos State, is driving Nigeria’s latest COVID-19 surge as the Nigeria Centre for Disease Control (NCDC) has confirmed 332 additional infections between June 25 and June 29, 2022. The NCDC made this known via its of...

July 1, 2022 No Responses

Sterling Bank Emerges Best Financial Institution As ACGSF Rewards Farmers

Sterling Bank was on Thursday named Best Participating Financial Institution for 2021 at the Agriculture Credit Guarantee Scheme Fund (ACGSF). The ACGSF, in an event in Abuja, also rewarded three Agriculture entrepreneurs who took loans and repaid ...

July 1, 2022 No Responses

Heirs Insurance Sponsors $30,000 Tony Elumelu Storytellers Fund

Africa No Filter, a donor collaborative working to transform stereotypical narratives of Africa has launched the Tony Elumelu Storytellers Fund of $30,000 sponsored by Hiers Insurance and Hiers Life Assurance for journalists and artistes. A statemen...

July 1, 2022 No Responses

Osun election: INEC Registers 1,955,657 Voters

The Independent National Electoral Commission (INEC), on Thursday, disclosed that it registered 1,955,657 voters for the July 16 Osun governorship poll.The Resident Electoral Commissioner (REC) in the state, Prof. Abdulganiyu Raji, disclosed this at the Nigeri...

July 1, 2022 No Responses

Buhari Reappoints Oniha As DG, DMO

President Muhammadu Buhari has approved the renewal of the appointment of Patience Oniha as the Director-General of the Debt Management Office (DMO) for the second term of five years. Malam Garba Shehu, the President’s media aide, who confirmed this in...