News Archives — Page 235 of 726

February 15, 2023 No Responses

TAJBank Lists 1st Corporate Sukuk Bond On NGX

TAJBank Ltd., Nigeria’s foremost non-interest bank, on Tuesday listed its Sukuk Bond on the floor of the Nigerian Exchange (NGX). The bank listed N10 billion Mudarabah Sukuk issuance after it successfully raised over N11.4 billion under its N100 billion Sukuk...

February 15, 2023 No Responses

Fishermen Lament Cash Crunch, Fuel Scarcity

Artisanal fishermen operating along the Atlantic coastline in Niger Delta on Tuesday lamented the hardships they had been facing as Central Bank of Nigeria (CBN) cashless policy cripple their vocation. Niger Delta Coordinator, Artisanal Fishermen Associa...

February 15, 2023 No Responses

Hyundai Records 306,296 Sales In January

Hyundai Motor Company has announced its January 2023 global sales of 306,296 units, a 8.4 percent increase over last year. City Business News report that despite the continued uncertainties in the business environment, Hyundai global sales have grown ste...

February 15, 2023 No Responses

UBTH Conducts First Open Heart Surgery

The Chief Medical Director (CMD), University of Benin Teaching Hospital, Prof. Darlington Obaseki, has disclosed that the hospital conducted its first open heart surgery in January. Obaseki said this on Tuesday in Benin, at the 50 per cent subsidised spe...

February 14, 2023 No Responses

SNEPCo’s Bonga FPSO Hits 1b Barrel Milestone

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a one-billion-barrel oil export mark on Monday. The Managing Director, Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Mrs Elohor Aiboni, explained in a statement t...

February 14, 2023 No Responses

Ports & Cargo Launches Graduate Training Scheme

Ports & Cargo Handling Services Ltd. (PCHS), a subsidiary of SIFAX Group has inducted 25 young engineers into its newly-established Graduate Trainee Programme. Managing Director, PCHS, Mr John Jenkins, in a statement on Monday explained th...

February 14, 2023 No Responses

AGAIN, SAHCO EMERGES BEST PASSENGER CHECK-IN COMPANY

For the second time in a row, Skyway Aviation Handling Company (SAHCO) Plc has been voted the Best Passenger Front Desk Check-In Company of the Year at the 12th edition of the Nigeria Aviation (NIGAV) Award. City Business News reports th...

February 14, 2023 No Responses

FG To Unveil Carbon Tax

The federal government has concluded plans to unveil a carbon tax policy and budgetary system to enhance revenue generation in the country. The Director-General of the National Council on Climate Change (NCCC), Salisu Dahiru, made this known on Monday wh...

February 13, 2023 No Responses

Oil Falls On Demand Concerns

Oil prices eased on Monday morning after rising 2% in the previous session as investors shrugged off the impact of Russian output cuts, instead focusing on short-term demand concerns stemming from refinery maintenance in Asia and the United States. ...

February 13, 2023 No Responses

Geely Raises $750m For Zeekr Brand

Zeekr, the electric car brand of China’s Geely Automobile Holdings is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion. Zeekr, which sells two purely electric car models, said.....

February 13, 2023 No Responses

Hyundai Donates $2m To Earthquake Victims In Turkey, Syria

Hyundai Motor Group has pledged $2millon for the relief efforts in Turkey and Syria. Under Hyundai Motor Group, Hyundai Motor Company, Kia, and Hyundai Mobis are all contributing to the donations, which will be made through the Korean Re...

February 13, 2023 No Responses

Catholic Bishops Seek Cash Policy Review

President Catholic Bishops Conference of Nigeria (CBCN), Most Rev. Lucius Ugorji, on Sunday urged the Federal Government to review the new cash policy to ease the hardships it has caused Nigerians. Ugorji made the appeal at the opening of the...

February 12, 2023 No Responses

UTME: JAMB Registers 1.16m Candidate

The Joint Admissions and Matriculation Board (JAMB) has disclosed that over 1.16 million tertiary institutions admission seekers have so far registered to sit for the 2023 Unified Tertiary Matriculation Examination (UTME). The Registrar of JAMB, Prof. Is...

February 12, 2023 No Responses

CIECOBON At Shippers’ Council, Harps On Nigerian Exports

The Chartered Institute of Export and Commodity Brokers of Nigeria (CIECOBON) has urged the Federal Government through the Nigerian Shippers’ Council (NSC) to establish an export-specific port to further encourage exports. The President/Council Chairm...