News Archives — Page 258 of 727

December 10, 2022 No Responses

FMDQ: Exchange Traded Derivative Will Help Govt Raise Cheaper Funds

By citybusinessnews@yahoo.com — FMDQ Securities Exchange Limited is working towards the launch of Exchange Traded Derivative (ETD) products that will enable the government raise funds at a cheaper cost. Head, Market Architecture, FMDQ Securities Exchange Limited, Oluwaseun Afolabi said this at...

December 10, 2022 No Responses

WHO Develops Legal Instrument To Protect World From Future Pandemics

The World Health Organisation (WHO) says that Member States have agreed to develop the first draft of a legally binding agreement designed to protect the world from future pandemics. WHO explained in a statement that the agreement would take in...

December 9, 2022 No Responses

NNPC Disburses N15b For Lagos-Badagry Expressway Reconstruction

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway under the Federal Government Road Infrastructure Tax Credit (RITC) Scheme. The N15 billion represents a 100 per c...

December 9, 2022 No Responses

Popoola Elected ASEA Executive Committee Member

Chief Executive Officer, Nigerian Exchange Limited(NGX), Mr Temi Popoola, has been elected to the Executive Committee of the African Securities Exchanges Association (ASEA). ASEA, the continent’s prime association of securities exchanges was establishe...

December 9, 2022 No Responses

Bill Gates-Backed Blue World Technologies Targets Maritime Sector

The Danish fuel cell manufacturer Blue World Technologies is set to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventio...

December 8, 2022 No Responses

DMO Issues Two FGN Savings Bonds

The Debt Management Office (DMO) has announced its December issuance of two Federal Government of Nigeria (FGN) Savings Bonds at N1,000 per unit. According to a statement by the DMO, the first offer is a two-year FGN Savings Bond due...

December 8, 2022 No Responses

UK To Double US Gas Imports

The United Kingdom has agreed to double imports of US gas over the next year as it tries to stabilise soaring energy prices. Prime Minister Rishi Sunak said the plan would “bring down prices for British consumers and help end Europe’s...

December 8, 2022 No Responses

FG Tasks FRSC On Seamless Traffic During Yuletide

The Federal Government has tasked the Federal Road Safety Corps to ensure seamless movement of traffic nationwide before, during and after the Yuletide. The Secretary to the Government of the Federation (SGF) Mr Boss Mustapha gave the charge during the.....

December 8, 2022 No Responses

Kia Bags ‘Manufacturer Of The Year’ Award

Kia has been named ‘Manufacturer of the Year’ at the 2022 TopGear.com Awards, finishing the year on a high. City Business News report that this is the second consecutive year that Kia has taken home a win at the TopGear.com...

December 8, 2022 No Responses

Dana Air Wins the Most Resilient Airline award

Dana Air has been recognised for consistently supporting young aviation professionals at the recently concluded Explore Aviation Careers Conference and Cabin Crew Fair held at the Nigerian Civil Aviation Authority Annex Ikeja, Lagos &nbsp...

December 8, 2022 No Responses

Photo News

L-R: Ekiti State Commissioner for Finance and Economic Development, Mr Akintunde Oyebode; Executive Director, Sterling Bank Plc, Mr Tunde Adeola; Ekiti State Governor, Mr Biodun Oyebanji; Managing Director/CEO Sterling Bank, Mr. Abubakar Suleiman; and Special ...

December 7, 2022 No Responses

FG Raises Plastics Value Chains Committee

The Federal Government on Tuesday inaugurated a project steering committee to promote sustainable plastics value chains through circular economy practices. The Minister of Environment, Mr Mohammed Abdullahi, who inaugurated the committee in Abuja, explai...

December 7, 2022 No Responses

NCC: TikTok Challenge Used To Circulate Information-Stealing Malware

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has warned about the potential harm of taking part in the Invisible Challenge on short-form video hosting service, TokTok, revealing that it exposes devices to ...

December 7, 2022 No Responses

Maersk Nigeria Gets New MD

Albert Van Rensburg has been appointed as the new Managing Director for Maersk Nigeria, effective 1 January 2023. City Business News report that Albert replaces Lara Lana, who, after 20 years, has decided to pursue opportunities outside of Ma...