Information – Page 365 – City Business News

June 4, 2022 No Responses

Access Bank Reiterates Support For Entrepreneurs, Small Businesses

Access Bank Plc has pledged to fund entrepreneurs, and create market access for small businesses across the country. A statement by the Deputy Managing Director of the bank, Mr Victor Etuokwu, on Friday, said the bank remained resolute in its...

June 4, 2022 No Responses

Photo News

L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh and the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko during the Meeting of All Heads of Maritime and Related Agencies ...

June 3, 2022 No Responses

Customs Impounds Smuggled Generators, Rice

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone A, on Thursday said it had intercepted 42 units of smuggled tiger generating sets. The Customs Area Controller (CAC), FOU Zone A, Deputy Comptroller Hussein Ejibunu at a news conferenc...

June 3, 2022 No Responses

CBN Reviews Operations Of NIBBS Instant Payments System, Others

The Central Bank of Nigeria (CBN) has reviewed upwards, the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other electronic payment operations. This is contained in a circular issued by Musa Jimoh, Director, Payments S...

June 2, 2022 No Responses

Seplat Awards N5b Shares To Three Directors

Seplat Energy Plc has announced that share awards have been granted to three top directors under its 2014 Long Term Incentive Plan (LTIP). The beneficiaries include Mr Roger Brown, Chief Executive Officer, who was awarded 1,733,345 shares; and Mr Emeka.....

June 2, 2022 No Responses

Court Orders Interim Forfeiture Of Private Varsity

A Federal High Court, Abuja, on Wednesday, ordered the interim forfeiture of NOK University, allegedly acquired unlawfully by Anthony Hassan, a former Director of Finance and Accounts, Federal Ministry of Health. Justice Zainab Abubakar, in a r...

June 2, 2022 No Responses

Okomu Oil Tops Loser’s Table As Market Capitalisation Drop By 9billion

Bearish sentiment continued at the Nigerian stock market on Wednesday following sell-off in Okumu Oil and Fidelity Bank stocks. Specifically, the market capitalisation lost N9 billion or 0.03 per cent to close at N28.558 trillion from N28.567 trillion on...

June 1, 2022 No Responses

NDLEA Warns Shipping Lines Against Illicit Drug Deals

The National Drug Law Enforcement Agency ( NDLEA) on Tuesday warned shipping lines and agents against illicit drug deals and peddling. The NDLEA Special Area Commander, Mr Ameh Inalegwu, gave the warning during an anti-drug constructive engagement w...

June 1, 2022 No Responses

Market Capitalisation Loses N422b

The equities market settled lower on Tuesday as market capitalisation declined by N422 billion to close at N28.567 trillion from N28.989 trillion on Monday. The All-Share Index (ASI) also dipped by 1.45 per cent to 52,990.28 points from 53,772.14 points....

June 1, 2022 No Responses

Nigeria’s Crude Oil Production Increases By 70,000bpd

Nigeria’s crude oil production increased by 70,000 barrels per day in May according to a Reuters Survey released on Tuesday. The document, which was obtained by the News Agency of Nigeria (NAN) in Lagos, showed that the country’s crude oil...

June 1, 2022 No Responses

NIMASA Pledges Logistics Support For NNS Kada

The arrival of Nigerian Naval Ship NNS KADA will greatly enhance security in the Nigerian maritime domain, the Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has said. The NIMASA Boss who jo...

May 31, 2022 No Responses

Nigeria Targets $176b Via e-Customs Project

The Nigeria Customs Service (NCS) is to generate $176 billion over the next 20 years through the implementation of e-customs project. The NCS Comptroller-General, retired Col. Hameed Ali, disclosed this on Monday in Abuja during the signing of e-Customs ...

May 31, 2022 No Responses

Buhari Lauds Navy Over Nigeria’s Exit From Sea Piracy List

President Muhammadu Buhari on Monday commended the Nigeria Navy for improving maritime security in the nation’s waters, prompting the delisting of Nigeria from countries affected by sea pirates. Buhari, represented by the Minister of Defence, Maj.-Gen....

May 31, 2022 No Responses

Adeboye Inaugurates Premium Trust Bank

General Overseer of Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, on Monday, inaugurated a branch of Premium Trust Bank in Asaba, Delta State. The News Agency of Nigeria (NAN) reports that Adeboye, who was the Special Guest, w...