Information – Page 376 – City Business News

April 23, 2022 No Responses

Stakeholders Tackle SEC Over Alleged Arbitrary Increase In CMOs Fees

The Issuers and Investors Alternative Dispute Resolution Initiative (IIADRI) has condemned alleged arbitrary and unilateral increase in fees charged to Capital Market Operators (CMOs) by the Securities and Exchange Commission (SEC). A statement jointly signed by the Chairman and Secretary of...

April 23, 2022 No Responses

Agents To Shut Down Lagos Ports Monday Over 15% NAC Levy

The Association of Nigerian Licensed Customs Agents (ANLCA) says they will embark on a one-day warning strike on April 25, 2022 over the introduction of 15 per cent National Automotive Council (NAC) levy. Alhaji Rilwan Amuni, Taskforce Chairma...

April 22, 2022 No Responses

Minister Inaugurates APPEALS Project National Steering Committees

The Minister of Agriculture and Rural Development, Dr. Mohammed Mahmood Abubakar on Thursday inaugurated the National Steering Committees (NSCs) of the Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project and two other...

April 22, 2022 No Responses

NNPC, SNEPCo Donates ICT Centre To Petroleum Varsity

The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), on Thursday, inaugurated a state-of-the-art Information and Communication Technology (ICT) Centre at the Federal University of Petrol...

April 22, 2022 No Responses

Police Arraign Housewife, Lover Over Alleged Adultery

The Police Command in Benue State, on Thursday, arraigned Terver Ukyagh, 35, and a housewife, Sewuese Peter, 35, before a Makurdi Upper Area Court over alleged criminal conspiracy, adultery and intimidation. The Prosecutor, Insp Veronica Shaagee, told th...

April 22, 2022 No Responses

Equiano Subsea Cable Lands In Nigeria, To Create 1.6m Jobs

Google and the West India Ocean Cable Company(WIOCC) on Thursday announced the landing of Equiano subsea cable in Lagos. Mrs Juliet Ehimuan Director, West Africa, Google, said at a ceremony to mark the landing of Equiano, that it would create...

April 22, 2022 No Responses

Reps Panel Summons Sylva, Kyari, Others Over State Of Refineries

The House of Representatives Ad hoc Committee investigating the state of refineries in Nigeria has issued a 7-day ultimatum to the Minister of State for Petroleum to appear before the committee. The Chairman of the committee, Ganiyu Abiodun (APC-Lag...

April 21, 2022 No Responses

AfDB To Double Africa’s Climate Finance To $25b

The African Development Bank (AfDB) will within the next five years double the climate change finance of Africa to $25 billion Dr Kevin Kariuki, AfDB Vice-President for Power, Energy, Climate and Green Growth, said this at a virtual news conference...

April 21, 2022 No Responses

NCS Canvasses Support For E-Customs

The Zonal Coordinator, Nigeria Customs Service (NCS), Zone A, ACG Modupe Aremu, on Wednesday said the introduction of E-customs would ensure efficient policing of borders. Aremu made this known at the decoration of promoted officers in the zone in Lagos....

April 21, 2022 No Responses

Sylva: Nigeria Must Evolve Innovative Ways In Oil, Gas Exploration

To be relevant as a major player in the global oil and gas industry, Nigeria must come up with innovative ways of exploiting and exploring its abundant oil and gas. In his opening remarks at the stakeholders’ consultation on draft...

April 20, 2022 No Responses

Nigeria Mulls Bill To Support Young Entrepreneurs In Digital Eco System

The Nigerian Government is considering a bill to support young entrepreneurs, particularly within the Digital Eco System. The Minister of Communications and Digital Economy, Mr Isa Pantami, said this at an interactive session with the leadership of...

April 20, 2022 No Responses

Union Bank Bags Middle East, Africa Innovation Awards

Union Bank of Nigeria has received the highly acclaimed award for the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation Awards 2022. A statement sent to City Business News Online explained that the...

April 20, 2022 No Responses

SIFAX Group Trains 101 Staff in Q1

As part of its human capacity programme, a total of 101 staff from various subsidiaries of SIFAX Group have undergone different trainings in the first quarter of 2022. The trainings focused on bespoke needs of the staff, including leadership competence,....

April 20, 2022 No Responses

Air Peace Relocates International Flight Operations To New MMIA Terminal 2

Air Peace has relocated all its international flight operations from the old Terminal One to the newly inaugurated Terminal 2 of the Murtala Muhammed International Airport, Lagos. Spokesperson, Mr Stanley Olisa in a statement explained that the airline...