News Archives — Page 188 of 733

August 11, 2023 No Responses

NGX Partners CSCS, Euroclear On Dollar Settlement Platform For Fintechs

Nigerian Exchange Limited (NGX) has disclosed that it is working with the Central Securities Clearing System (CSCS) Plc and Euroclear to create a dollar settlement platform that will enable tech startups to raise in dollars. The Exchange stated that this...

August 11, 2023 No Responses

Plastic Pollution: NSML Unveils Clean Waterways Initiative

NLNG Shipping and Marine Services Limited (NSML) has launched its Clean Waterways Initiative, a programme to raise awareness of the dangers of plastic pollution and to advocate for action to address the issue. Speaking on the initiative, the Chief Execut...

August 11, 2023 No Responses

Maritime Writes Project Begins 3-Day Lagos Bootcamp

As part of efforts to enable the nation attain maritime hub status in Africa, education experts and maritime veterans have encouraged the federal government to integrate maritime into primary and secondary school curriculum in the country. The Project Coordina...

August 11, 2023 No Responses

ECOWAS To Assemble ‘Standby Force’ Over Political Crisis In Niger

The Economic Community of West African States (ECOWAS) has approved armed intervention in Niger Republic “as soon as possible”. The President of ECOWAS, Omar Alieu Touray, made this announcement while presenting the ECOWAS resolutio...

August 11, 2023 No Responses

Tinubu’s Speech At ECOWAS Extraordinary Summit On Niger Republic

Your Excellency, the President of the ECOWAS Commission; Your Excellency, President of the African Union Commission; Your Excellency, President of the UEMOA Commission; The Special Representative of the Secretary General of the United Nations in...

August 10, 2023 No Responses

Committee Projects FIRS As Sole Revenue Collection Agency For FG

Barring last-minute adjustment, a proposal by the Presidential Committee on Tax Policy and Fiscal Reforms may stop about 63 Ministries, Department and Agencies (MDA) from collecting revenue on behalf of the Federal Government. Some of the agencies are the Nige...

August 10, 2023 No Responses

Coscharis Group Appoints Fred Amobi DGMD

Following the exit of Dr. Okey Nwuke, the board of Coscharis Group has approved the appointment of Mr. Fred Amobi as the Deputy Group Managing Director (DGMD) of the organization effective from 1st August 2023. In a statement sent to...

August 10, 2023 No Responses

SEC, PENCOM, NGX Reiterate Commitment To Deepening Securities Lending

With the aim of enhancing investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have reaffirmed their co...

August 9, 2023 No Responses

Zenith Bank, AfCFTA Sign $1m Smart Portal Trade Deal

Zenith Bank Plc, on Tuesday, signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) to build a smart portal for trade on the African continent. Under the arrangement, Zenith is to fund the single ...

August 9, 2023 No Responses

NPA Partners Agencies On Accelerated Import, Export

The Nigerian Ports Authority (NPA) is working closely with other government agencies such as Customs, Shippers’ Council and Nigerian Maritime Administration And Safety Agency (NIMASA) to ensure that imports and exports are cleared out of the port f...

August 9, 2023 No Responses

Firstbank Graduates More Senior Management Development Programme Participants

First Bank of Nigeria Limited has announced the graduation of 20 successful participants in the fourth edition of its Senior Management Development Programme (SMDP) at an event held recently at Oriental Hotel, Lagos. Before the 2023 graduation, the SMDP had...

August 8, 2023 No Responses

Toyota Nigeria Rolls Out Lubricant

Toyota Nigeria Limited (TNL) has launched a lubricant called Toyota Genuine Motor Oil into the nation’s market. According to the Managing Director, Toyota Nigeria Limited, Mr Kunle Ade-Ojo, the Toyota Genuine Motor Oil manufactured by Idemitsu of Japan, ...

August 8, 2023 No Responses

Nigeria To Remove Taxes On Tomatoes, Raw Food Items

The Federal Government will soon end taxes on tomatoes and other raw food items, Chairman, Joint Tax Board (JTB), Mr Muhammad Nami, disclosed on Monday. Nami stated this on Monday at the 153rd JTB meeting with theme: “Harmonisation and codification...

August 8, 2023 No Responses

Seplat Energy’s Gas Revenue Grows To $63.7m

Seplat Energy Plc has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022). This growth is attributed to increased realised gas prices and a rise in sales...