Nigeria Archives — Page 349 of 670

October 19, 2019 No Responses

NSE Lists Union Bank’s N30b Bond

By citybusinessnews@yahoo.com — The Nigerian Stock Exchange (NSE) on Friday listed on its daily official list Union Bank of Nigeria Plc’s N30billion bond. In a notice to dealing members, Godstime Iwenekhai, Head, Listings Regulation Department explained that the 10-Year 16.20% ...

October 19, 2019 No Responses

CBN Injects $325.5m Into Retail Market

The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and short tenored forwards segment of the inter-bank foreign market. The bank’s Director, Corporate Comm...

October 18, 2019 No Responses

Nigeria To Impose Taxes On Soft Drinks

The Nigerian Government is to impose taxes on soft drinks, the Minister of Finance, Budget and Planning, Mrs. Zainab Ahmed, disclosed on Thursday. In an interactive session with Journalists on the sidelines of the ongoing Annual Meetings of the International.....

October 17, 2019 No Responses

Nigeria Deports Seven Koreans

The Nigerian Government has deported seven nationals of Democratic People’s Republic of Korea (DPRK) back to their country. Mr Sunday James, Public Relations’ Officer (PRO), Nigeria Immigration Service (NIS), disclosed this in a statement on Wednesday in A...

October 17, 2019 No Responses

First Bank Photo News

FinTech 3.0 (1): Callistus Obetta, Group Executive, Technology & Services, FirstBank; Gbenga Shobo, Deputy Managing Director, FirstBank; Victor Asemota, Founder, Swifta Systems & Services and Keynote Speaker at the event (FirstBank FinTech Summit 3.0);...

October 17, 2019 No Responses

Sifax Photo News

Middle: Tobi Afolabi, Executive Director, Ports & Cargo Handling Services Limited receiving Heritage For Life special recognition award from Chief Emeka Anyaoku, former Secretary General of the Commonwealth on behalf of Barr. (Dr.) Taiwo Afolabi, Group Exe...

October 17, 2019 No Responses

Shippers’ Council Visits Paediatric Hospital, Donates Items

The Nigerian Shippers Council (NSC) on Wednesday donated Single Motor Hospital Beds and other goods to Asiya Bayero Paediatric Hospital in Kano. According to the Executive Secretary of the NSC, Mr Hassan Bello, the gesture was necessary in order to...

October 16, 2019 No Responses

Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA

The Senate has directed its committees on Petroleum Downstream and National Planning to investigate within two weeks why the Petroleum Pricing Regulatory Agency (PPRA) failed to remit five per cent commission it charged on every litre of fuel to FERMA...

October 16, 2019 No Responses

Nigeria To Explore More Investment Opportunities In UAE

The Minister of Industry, Trade and Investment, Mr Richard Adebayo, has said that Nigeria would explore more investment opportunities in the United Arabic Emirate (UAE). According to a statement signed by Mr Julius Toba-Jegede, Special Assistant (Media) to the...

October 16, 2019 No Responses

Enugu Hands Over 65 Innoson Security Vehicles To Police

Governor Ifeanyi Ugwuanyi of Enugu State on Tuesday in Enugu handed over sixty five (65) patrol vans to the state command of the Nigeria Police to aid its security operations. The sixty five (65) patrol vans were among the 100...

October 16, 2019 No Responses

NSE Photo News

L-R: Uma Mxenge, Satrix SA; Fiona Ahimie, FBNQuest Securities Ltd; Jude Chiemeka, Head, Trading Business Division, The Nigerian Stock Exchange (NSE); Yusuf Wadee, Satrix SA and Omotola Imafidon, FBNQuest Securities Ltd during Satrix SA’s Nigerian no-de...

October 15, 2019 No Responses

Firm Tackles CBN Over $285m Supreme Court Judgment

A communications firm, Interstella Communications Limited has urged the Central Bank of Nigeria (CBN) to obey a Supreme Court order by paying them $285 million judgment sum for alleged breach of contract. The News Agency of Nigeria (NAN) reports that...

October 15, 2019 No Responses

Nigeria Presents `Certificate Of Discharge’ To Transcorp

Vice President Yemi Osinbajo on Monday at the Presidential Villa, Abuja, presented Certificate of Discharge to Transnational Corporation of Nigeria (Transcorp). A certificate of discharge is a written statement of satisfaction that a party has discharged its o...

October 15, 2019 No Responses

Court Freezes 45 Bank Accounts

A Federal High Court on Monday in Abuja ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly involved in smuggling of rice into Nigeria. The companies whose accounts were domiciled with ten commercial banks in Nigeria...