Nigeria Business Archives — City Business News

March 16, 2022 No Responses

Wabote: Business Owners Contribute Positively To National Development-

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, says Nigerian business owners are growing and contributing positively to national development in terms of their capacities and capabilities. Wabote stated th...

January 23, 2022 No Responses

Lekki Seaport: Amaechi Tasks Contractors On Speed, Proposes July For Commissioning

The Minister of Transportation, Mr Chibuike Amaechi, has urged contractors of the Lekki Deep Seaport Project to speed up work to enable government approve all the necessary processes before next election. Amaechi made this known in a statement on Saturda...

December 3, 2021 No Responses

Okomu Oil Targets N16.1b Turnover, N4.4b Profit in 2022 Q1

By Moses Ebosele, ebosele@hotmail.com — For the 2022 First Quarter (Q1), Okomu Oil Palm Company Plc has projected N16.2B (N16,158, 477) turnover and profit after tax of N4.4b (N4,470, 477). In its presentation of forecast to the...

November 12, 2021 No Responses

Kano Supports 14,250 Farmers With Inputs

The Kano State Government has supported over 14,250 smallholder farmers with inputs, under its Agro-Pastoral Development Project (KSADP), supported by the Islamic Development Bank (IsDB). Speaking at the event on Thursday, in Kano, Governor Abdullahi&nbs...

November 11, 2021 No Responses

Cititrust Holdings Repositions, Explains Agenda

As part of measures to enhance growth, Cititrust Holdings Plc has divested its 100 percent equity holdings in Cititrust Financial Services Plc. A statement issued by Cititrust Holdings on Wednesday explained that the decision was taken after considering that...

November 11, 2021 No Responses

CBN, Heritage Bank To Boost Wheat Production

As part of measures to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria (CBN) and Heritage Bank have adopted a novel but more robust approach to boost local production and reduce dependence on importation....

October 28, 2021 No Responses

Heritage Bank, Next Titan To Sustain Entrepreneur Support With N15m

In a bid to ensure that entrepreneurial goals of the Nigerian youths are achieved, Heritage Bank Plc, Nigeria’s most innovative service banking provider, in collaboration with The Next Titan is set to further invest N15million on viable Nigerian entrepre...

October 21, 2021 No Responses

Nigeria, Turkey Trade Volume To Expand By $5b

President Recep Tayyip Erdogan says the Nigeria, Turkey trade volume will be expanded by five billion dollars, immediately, to further boost socio-economic ties between the two countries. Erdogan stated this when he addressed newsmen at the end of a clos...

September 21, 2021 No Responses

SMEDAN Empowers 145 Entrepreneurs In Bauchi

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)has empowered 145 entrepreneurs in Bauchi State. Training of the entrepreneurs commenced on Monday. Speaking at the event, the Director-General of SMEDAN, Dr Dikko Radda explained tha...

September 12, 2021 No Responses

Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1

Federation of Agricultural Commodity Association of Nigeria (FACAN) says Nigeria’s agricultural export stood at N127 billion in the first quarter of 2021. The figure, according to the organisation, represents 128 percent increase, compared to N55.8 billion i...

August 26, 2021 No Responses

SON To Establish Regional Office In Kano

The Standards Organization of Nigeria (SON) says it will soon establish a regional office in Kano. Malam Faruk Salim, Director General of SON, made the disclosure on Thursday during the formal handing over of the project site to the contractor...

August 19, 2021 No Responses

FIRS Targets N10.1trn Revenue In 2022

The Federal Inland Revenue Service (FIRS) has projected generating N10.1 trillion revenue for the 2022 financial year. Chairman of FIRS, Muhammad Nami stated this when he appeared before the House of Representatives Committee on Finance on Wednesday, in ...

August 1, 2021 No Responses

How SON Promote Standards Through Stakeholders Synergy, By DG

The Director General, Standards Organisation of Nigeria(SON), Mallam Farouk Salim has stated that achieving National Industrial Standards (NIS) remains a task that should not be left for government and its agencies alone but rather requires the combined effort...