News Archives — Page 203 of 725

May 26, 2023 No Responses

Allotments For FGN Savings Bonds Hit N5.06b

FGN Savings Bonds has risen to N5.06 billion in the first five months of 2023, the Nigerian Exchange Limited (NGX) has revealed. The Divisional Head, Capital Markets at NGX, Jude Chiemeka, made this known during the NGX Savings Bond webinar...

May 26, 2023 No Responses

British Airways Cancels 43 Flights

British Airways (BA) has apologised for cancelling dozens of flights at London Heathrow on Thursday over IT issues. The airline said it is fixing “technical problems” causing difficulties with online check-in, delaying flights. Forty-three flights,...

May 26, 2023 No Responses

Qatar Airways Cargo Secures Pharmaceutical Transportation Deal

In a world marked by rapid change and an unprecedented demand for the safe and efficient transportation of temperature-sensitive pharmaceuticals, Qatar Airways Cargo and Envirotainer are proud to strengthen their strategic ties to deliver an unparalleled custo...

May 25, 2023 No Responses

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022. This in addition to the N9 paid as interim dividend amounts to a total of...

May 25, 2023 No Responses

Ship grounded in Suez canal refloated

A ship that was grounded in the Suez Canal, has been refloated, shipping agent Leth Agencies says. Tugboats had been working to refloat the bulk carrier, named Xin Hai Tong 23, the company said earlier Two years ago, the Suez...

May 25, 2023 No Responses

Woman In Court Over Alleged N2.9b Fraud

A 32-year-old woman, Ijeoma Iwegue, appeared before a Sabo-Yaba Chief Magistrates’ Court in Lagos over alleged transfer of N2.9 billion. Iwegue, whose residential address was not given in court, pleaded not guilty to a three-count charge bordering on fraudul...

May 25, 2023 No Responses

Shell Unveils $56.13m For Host Communities

The Shell Petroleum Development Company, operator of the SPDC joint venture has unveiled eight Host Community Development Trusts in Bayelsa State, a critical step for unlocking the $56million earmarked for development in line with the provisions of the Petrole...

May 25, 2023 No Responses

Biden, Obama, Beyonce, Others Pay Tribute To Tina Turner

Celebrities and fans have paid tribute to Tina Turner after her death at 83. The late soul star was behind hits like The Best and What’s Love Got to Do With It. BBC report that Beyoncé called her the “epitome...

May 24, 2023 No Responses

CBN Revokes licences Of 132 Microfinance Banks

The Central Bank of Nigeria (CBN), on Tuesday, revoked the operating licenses of 132 microfinance banks and those of four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government, which was....

May 24, 2023 No Responses

Akwa Ibom Distributes 600,000 Cocoa Seedlings To Farmers

The Akwa Ibom State Government has commenced the distribution of 600,000 cocoa seedlings to farmers for this year’s planting season. The Commissioner for Agriculture, Dr. Offiong Offor, who performed the distribution of the seedlings to farmers in Ini Local ...

May 24, 2023 No Responses

Anambra Declares 33 Per Cent Increase In IGR

THE Anambra Internal Revenue Service (AIRS) has declared increase in the state’s monthly internally generated revenue (IGR) from an average of N1.5 billion to N2 billion. Speaking during an interactive session with Journalists on Tuesday in Awka, the Chairma...

May 23, 2023 No Responses

Tony Blair Visits Tinubu

Former United Kingdom Prime Minister, Tony Blair, on Tuesday, visited President-elect, Bola Tinubu. The president-elect, Asiwaju Bola Tinubu who disclosed this on his Twitter page on Tuesday said “I received former British Prime Minister and foun...

May 23, 2023 No Responses

KABIR MOHAMMED TAKES OVER AS FAAN MD

Kabir Yusuf Mohammed has resumed as the Managing Director/Chief Executive of the Federal Airports Authority of Nigeria. A statement sent to City Business News on Tuesday explained that this follows his appointment by the Federal Government after the expiration...

May 23, 2023 No Responses

Nestlé Appoints Oyebode Board Chairman

The Board of Nestlé Nigeria PLC has appointed Mr. Gbenga Oyebode as the new Chairman of the Board of Directors with effect from May 18, 2023. The appointment announced to shareholders and other stakeholders at the Annual General Meeting of.....