MOL Appoints First Female Captain
Japanese shipping major, Mitsui O.S.K. Lines (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6....
headlines
- MOL Appoints First Female Captain - Japanese shipping major, Mitsui O.S.K. Lines (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6. World Maritime News report that the decision marks a significant step forward for gender diversity in the Japanese maritime sector, as it is the first time a...
- Telecom Sector Contributes N2.508Tri To Nigeria’s GDP - The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent. Figures released by the National Bureau of Statistics (NBS) showed that the sector recorded...
- NPA Boss Harps On Operational Efficiency, Commissions Control Towers - As part of measures to boost operational efficiency through improved infrastructure and equipment renewal, the Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Mohammed Bello Koko, along with the Executive Management team on Thursday commissioned Control Towers of the Lagos Port Complex and Tincan Island Port. Control towers in port...
- Obaseki Congratulates New NACCIMA President, Dele Oye - The Edo State Governor, Mr. Godwin Obaseki, has congratulated Otunba Dele Kelvin Oye on his inauguration as President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA). The governor, in a statement, urged Oye to deploy his wealth of experience and Midas touch to impact the...
- Photo News - L-R: Vice Chancellor, Afe Babalola University, Ado-Ekiti (ABUAD), Prof Smaranda Olarinde; Special Adviser to the Governor on Investment, Trade and Industry, Mrs Tayo Adeola; Founder ABUAD, Aare Afe Babalola (SAN) and Ekiti State Governor, Mr Biodun Oyebanji; at the 63rd annual conference of NACCIMA held at Alfa Belgore Hall, ABUAD,...
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MOL Appoints First Female Captain
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Photo News
Telecom Sector Contributes N2.508Tri To Nigeria’s GDP
The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial...
NPA Boss Harps On Operational Efficiency, Commissions Control...
As part of measures to boost operational efficiency through improved infrastructure and equipment renewal, the Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA),...
MOL Appoints First Female Captain
Japanese shipping major, Mitsui O.S.K. Lines (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6. World Maritime News report that the decision marks a significant step for...
Telecom Sector Contributes N2.508Tri To Nigeria’s GDP
The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GD...
NPA Boss Harps On Operational Efficiency, Commissions Control Towers
As part of measures to boost operational efficiency through improved infrastructure and equipment renewal, the Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Mohammed Bello Koko, along w...
Obaseki Congratulates New NACCIMA President, Dele Oye
The Edo State Governor, Mr. Godwin Obaseki, has congratulated Otunba Dele Kelvin Oye on his inauguration as President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA). The g...
FIRS, LIRS, Seal MoU On Joint Tax Audit, Investigation
The Lagos Internal Revenue Service (LIRS) and the Federal Inland Revenue Service (FIRS) have issued a public notice on the Memorandum of Understanding (MoU) signed by both agencies to establish a Joint FIRS and LIRS Audi...
Shippers’ Council Cooperative Declares N44.443m Dividend For 2022
For the year 2022, the Nigerian Shippers’ Council Staff Multipurpose Cooperative Society Limited has concluded plans to pay a dividend of N44.447 million to its members. The President of the Council’s Cooperative, Mr...
Fidelity Bank Holds International Trade expo in Houston October
Building on the resounding success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK last November, Fidelity Bank Plc, has announced plans to host the second edition of ...
Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share
The shareholders of Ardova Plc, at a Court Ordered Meeting held in Lagos, on Wednesday, 31 May, 2023, approved the Scheme of Arrangement for the holders of its fully paid ordinary shares of 50 kobo each, subject to the a...
Elumelu: Africa Needs To Rethink Its Relationship With Business
Africa needs to rethink its relationship with business, foremost Nigerian industrialist and Chairman, Heirs Holdings Group, Tony Elumelu, has reinstated. According to Elumelu, “Africapitalism” means the private secto...
NGX RegCo, ISSB, FRCN To Host Webinar On Sustainability Disclosure...
NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainabilit...
MOL Appoints First Female Captain
Japanese shipping major, Mitsui O.S.K. Lines (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6. World Maritime News report that the decision marks a significant step for...
Benin Port Project Groundbreaking Holds Third Quarter
The Chairman of the Benin Port Project, Engr. Greg Ogbeifun, has said the government is making steady progress with the development of the Benin Port Project, noting that the groundbreaking ceremony for th...
NIGERIA APPROVES RATIFICATION OF SIX MARITIME CONVENTIONS AND PROTOCOLS
The Federal Government has approved the ratification of six maritime conventions and protocols that promote cleaner marine environment, ship-breaking criteria, global standard for fishing crew and response to oil pollu...
DNV: Biofuel Key To Maritime Decarbonisation
The flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. In its latest white paper “Biofuels in shipping,” classificatio...
Samsung Signs $172m Crude Carrier Contract
South Korean shipbuilder Samsung Heavy Industries (SHI) has signed a contract for the construction of two crude carriers. The shipbuilding firm will construct the vessels for an undisclosed shipowner from Oceania. The va...
Hyundai, Kia Renew FIFA Partnerships
Hyundai Motor Company and Kia Corporation on Wednesday jointly announced the renewal of their longstanding partnerships with FIFA through 2030. City Business News report that the renewed agreement welcomes Group su...
Honda Automobile West Africa Presents Nigerian Built 2023 HRV at...
The Honda Management team led by the Managing Director, Mr Takashi Nakajima, on Tuesday 30th May, 2023, presented the new Nigerian-built Honda HRV to the DG NADDC, Jelani Aliyu, MFR, at the Council’s Headquarters in Ab...
China Overtakes Japan As World’s Top Car Exporter
Between January and March 2023, China surpassed Japan and Germany to become the world’s largest vehicle exporter for the first time, exporting a total of 1.069 million vehicles. Japan used to be the world’s lea...
Geely Releases ESG Report
Geely Automobile Holdings Limited has released its 2022 Environmental, Social and Governance (ESG) report. City Business News report that in the 2022 report, where 2020 is taken as the baseline, Geely Auto’s life...
Hyundai Delivers 1,021,712 Units In Three Months
By Moses Ebosele, ebosele@hotmail.com — Between January and March 2023, Hyundai Motor sold 1,021,712 units around the globe, a 13.2 percent increase from a year earlier. City Business New...
Oil Prices Rise As Saudi Arabia Pledges Output Cuts
The prices of oil rallied at the start of trading on Monday morning after Saudi Arabia pledged more output cuts and the 23-member Opec+ alliance extended its production agreement into 2024. Brent, the benchmark for ...
OPEC Mulls Cut In Oil Production
The Organization of Petroleum Exporting Countries (OPEC) and its allies began two days of meetings on Saturday that may culminate in further production cuts of as much as 1 million barrels per day. Reuters reports ...
Oil Prices Dip Amid Weak Chinese Demand
Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks, triggering fears of an oversupply amid signs of weaker Chinese demand. Reuter...
NNPCL Confirms Petrol Pump Price Increase
The Nigerian National Petroleum Company NNPC Limited (NNPCL) has confirmed the increase in the pump price of premium motor spirit (PMS) popularly known as petrol in its retail outlets across the country. The national oil...
Oil Theft: Nigeria Releases Seized Norwegian Oil Tanker
The Nigerian Navy on Sunday returned a Norwegian-registered vessel, MT Heroic Idun, caught attempting to steal Nigeria’s crude oil in August 2022. The navy arrested the oil tanker and its 26 Indian, Pilipino, Sri Lanka...
Photo News
L-R: Vice Chancellor, Afe Babalola University, Ado-Ekiti (ABUAD), Prof Smaranda Olarinde; Special Adviser to the Governor on Investment, Trade and Industry, Mrs Tayo Adeola; Founder ABUAD, Aare Afe Babalola (SAN) and Eki...
Photo News
Ekiti State Deputy Governor, Chief (Mrs) Monisade Afuye; Governor Biodun Oyebanji; Country Director, World Bank, Nigeria, Shubham Chaudhuri; Secretary to the State Government, Dr (Mrs) Habibat Adubiaro and Commissioner f...
Photo News
L-R: Senior Country Manager, International Finance Corporation, Kalim Shah; Senior Manager, Participant Engagement and Programmes, United Nations Global Compact, Tumi Onamade; Chief Executive Officer, Nigerian Exchange L...
Photo News
L-R: Special Adviser to Ekiti State Governor on Infrastructure and Public Utilities, Prof. Bolaji Aluko; Ekiti State Governor, Mr Biodun Oyebanji; Head, European Union Delegation to Nigeria and ECOWAS, Ambassador Samuela...
Army Lauds NDDC, Pledges To Sustain Peace In...
The Commanding Officer 29 Battalion, Nigerian Army, Port Harcourt, Lt. Colonel Aliyu Manga, has commended the Niger Delta Development Commission, NDDC, for co-operating with security...
SEC Takes Enlightenment to FRSC Zonal Commands
As part of efforts to ensure the continued enlightenment of investors to enable them take more informed decisions, the Securities and Exchange Commission...
Eid-el-fitr: FRSC Partner NEMA, Others To Enforce Traffic...
The Sokoto state command of the Federal Road Safety Corps (FRSC) is collaborating with the National Emergency Management Agency (NEMA) and other agencies...
Tinubu To Adopt Price Control Mechanism For Agro Products
President Bola Ahmed Tinubu has pledged to ensure price control for agricultural products. Tinubu said this in his inaugural address after he was sworn in as the 16th democratically elected president of N...
Kaduna, SAA FLAG OFF N100M FARM INPUTS DISTRIBUTION
The Kano State Agropastoral Project (KSADP) and Sasakawa Africa Association (SAA) on Saturday commenced the distribution of farm inputs to farmers across the 44 Local Governments Areas of the state as part of e...
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 p...
Wesley Girls To Represent Nigeria At Stockholm Junior Water Prize...
The Wesley Girls Senior Secondary School, Yaba, which falls under Education District IV of Lagos State, will be representing Nigeria at the 2023 Stockholm Junior Water Prize (SJWP) competition in Sweden.The com...
Niger Delta Science School Wins 2023 NLNG Science Quiz Competition
The annual Nigeria LNG Limited (NLNG)-sponsored science quiz competition in Rivers State ended on Saturday, 27th May 2023 with Niger Delta Science School, Rumuola, Port Harcourt emerging as the winner in t...
Edo Distributes 3m Books To Schools
Edo State Government on Wednesday said it distributed 3.3 million textbooks and writing materials to 848 primary and 306 junior secondary schools in the state in the last five years. The state chairman of...