Author: City BusinessNews

LNG: TotalEnergies, Largest U.S. Exporter, Expand Production
September 29, 2024 No Responses

LNG: TotalEnergies, Largest U.S. Exporter, Expand Production

With over 10 million tons (Mt) exported in 2023, TotalEnergies is the largest exporter of U.S. LNG, thanks to its 16.6% stake in the Cameron LNG plant in Louisiana and several long-term purchasing agreements.  Meanwhile, TotalEnergies has signed an agreement...
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At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy
September 29, 2024 No Responses

At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy

For Nigeria to achieve the $1trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasized on the need for banks and Fintech companies to collaborate and drive the real sector growth....
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EFCC Arrests Ishaku Over Alleged N27b Fraud
September 29, 2024 No Responses

EFCC Arrests Ishaku Over Alleged N27b Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested and detained a former Taraba State Governor, Darius Ishaku, for alleged involvement in a N27 billion fraud. The former governor will face trial on 15 counts, including criminal breach of trust,.....
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Alleged ₦3.1bn Fraud: I Delivered $15.8m Cash To Suswam In His Residence, Says Witness
September 29, 2024 No Responses

Alleged ₦3.1bn Fraud: I Delivered $15.8m Cash To Suswam In His Residence, Says Witness

Abubakar Umar, the Sixth Prosecution Witness in the trial of former governor of Benue State, Gabriel Suswam has narrated before the Federal High Court, Maitama, Abuja presided over by Justice Peter Lifu, how in 2014, he converted the sum of...
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Photo News
September 28, 2024 No Responses

Photo News

L-R: Edo State Governor-Elect, Senator Monday Okpebholo with Governor of Lagos State, Mr. Babajide Sanwo-Olu during a thank you visit by the governor-elect at the Lagos House, Marina, on Saturday, 28 September 2024.
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FG Rolls Out 2,000 CNG Powered Tricycles
September 28, 2024 No Responses

FG Rolls Out 2,000 CNG Powered Tricycles

The Ministry of Youth Development has unveiled plans to launch the first phase of a project to distribute 2,000 Compressed Natural Gas (CNG)-powered tricycles to young Nigerians on October 1, 2024. Briefing Journalists on Friday, Minister of State for Youth...
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Tinubu Appoints Seven Executive Directors For NTA
September 28, 2024 No Responses

Tinubu Appoints Seven Executive Directors For NTA

President Bola Ahmed Tinubu has appointed seven executive directors for the Nigerian Television Authority (NTA). According to a statement issued on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the appointees are: Ay...
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Lagos Seals Orchid Shopping Centre
September 28, 2024 No Responses

Lagos Seals Orchid Shopping Centre

The Lagos State Wastewater Management Office (LSWMO) has sealed off Orchid Shopping Center’s premises located along Orchid Road, Eti-Osa. A  statement shared on X.com on Friday by the state Commissioner for the Environment and Water Resources, Tokunbo Waha...
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NDDC Trains 200 Women, Youth Farmers
September 28, 2024 No Responses

NDDC Trains 200 Women, Youth Farmers

The Niger Delta Development Commission, NDDC, has concluded the training of 200 women and youths in Livestock Farming and Agro-Processing at the Okiemutie Farms in Eku  Amukpe, Sapele Local Government Area of Delta State. Speaking during the closing cerem...
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NDIC: Why We Have Not Paid Some Depositors Of Heritage Bank
September 28, 2024 No Responses

NDIC: Why We Have Not Paid Some Depositors Of Heritage Bank

The Managing Director, Nigeria Deposit Insurance Corporation, NDIC, Mr. Bello Hassan, has disclosed that some of the Insured Depositors of the defunct Heritage Bank are yet to be paid due to failure to provide necessary information of alternative bank acc...
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Niger Delta Chamber Of Commerce Takes Off with Sensitisation
September 27, 2024 No Responses

Niger Delta Chamber Of Commerce Takes Off with Sensitisation

The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDDCITMA, a platform to enhance the growth of entrepreneurs in the Niger Delta region, has been formally flagged off by the Managing Director of the Niger Delta Development Comm...
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AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS
September 27, 2024 No Responses

AT World Maritime Day, NPA Boss Harps On Automation, To Deploy PCS

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, represented by the Executive Director, Engineering and Technical Services, Engr. Ibrahim Abba, on Thursday in Lagos, joined industry stakeholders to celebrate this year’s World Mar...
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FG To Direct NIMASA, NPA To Collect Fees, Charges In Naira
September 27, 2024 No Responses

FG To Direct NIMASA, NPA To Collect Fees, Charges In Naira

The Federal Government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) begin collecting charges, fees, fines and others in Naira rather than in foreign currencies.The Special Adviser to th...
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Photo News
September 27, 2024 No Responses

Photo News

L-R: Chairman, Oriental Energy Resources, Mohammed Indimi; Group Executive Director, Commercial Operations, Dangote Industries Limited (DIL), Fatima Aliko Dangote; Co-Chair, Africa Center, Chelsea Clinton; President/CE, DIL, Aliko Dangote; Co-Chair of the Bill...
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