City BusinessNews, Author at City Business News

January 6, 2022 No Responses

Pope Criticises Couples Who Don’t Want To Have Children

Pope Francis has criticised couples who choose not to have children. The 85-year-old told scores of the faithful at a general audience in the Vatican audience hall on Wednesday. “Too many couples don’t have children because they don’t want any,...

January 6, 2022 No Responses

MSC Dethrones Maersk As World’s Largest Ocean Carrier

Swiss container shipping company Mediterranean Shipping Company (MSC) is now the world’s largest ocean carrier by operated container vessel capacity, maritime consultancy Alphaliner said. On 5 January, MSC — the long-term number two — overtook Danish shi...

January 6, 2022 No Responses

2021: Toyota Overtakes GM To Lead US Auto Sales

Japanese carmaker Toyota led US automobile sales in 2021, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry. Toyota sold 2.332 million vehicles in the United States in 2021, compared w...

January 5, 2022 No Responses

FG To Revive 215MW Kudenda Power Project

The Federal Government will revive a 215 Megawatts Power Project in Kaduna State, Minister of Power, Abubakar Aliyu has said. Aliyu stated this shortly after inspecting the project on Tuesday at Kudenda in Kaduna South Local Government Area of the...

January 5, 2022 No Responses

Customs Confirm One Death In Sokoto Checkpoint Accident

The Nigeria Customs Service (NCS), Sokoto and Zamfara area commands, have confirmed the death of one person in a checkpoint accident which occurred at Asara village, Sokoto-Illela road. The command’s spokesman, Mr Balarabe Yusuf, in a statement on Tues...

January 5, 2022 No Responses

SIFAX Group Expands Ijora Terminal, Contracts CCECC For Pavement Construction

After operating for a little over 15 months and following a growing customer base as well as increasing demand, SIFAX Shipping ICT Limited, a subsidiary of SIFAX Group and operator of the Ijora Inland Container Terminal, Lagos, has embarked on...

January 5, 2022 No Responses

Fidelity Bank Inaugurates More CSR Projects In Host Communities

Fidelity Bank Plc has inaugurated Corporate Social Responsibility (CSR) projects in Oyo, Ondo, Ekiti and Kwara States. The projects which include the provision of maternal and healthcare materials for hospitals, renovation and furnishing of a juven...

January 4, 2022 No Responses

NIMASA Begins Vessels’ Digital Manifest Regime At Seaports

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced total digital manifest management regime for all vessels calling at all Nigerian Ports. A statement issued on M...

January 4, 2022 No Responses

SEC Implores Fund Managers On Regulatory Fees Payment

The Securities and Exchange Commission has reminded all fund managers that payment of the annual supervisory fee to the Commission becomes due from the 1st January 2022 and full payment must be made on or before 31st January 2022. &nb...

January 4, 2022 No Responses

Hyundai Records 3.89m Global Sales In 2021

Between January and December 2021, South Korea’s Hyundai Motor Company attained global sales of 3.89 million vehicles, just short of its target of 4 million vehicles. In a statemen t on Monday, the South Korean automaker also set its 202...

January 4, 2022 No Responses

2021: Customs Generate N188.6b At Onne Port

Between January and December 2021, the Area two Command of Nigeria Customs Service, Onne Port collected N188.6 billion. A statement issued on Monday by Mrs Ifeoma Ojekwu, Customs Public Relations Officer at Onne Port Command in Rivers State explain...

January 4, 2022 No Responses

Barkindo Hails New OPEC Sec. Gen

Secretary General, Organisation of the Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, says the organisation will be in capable hands with his successor, Mr Haitham Al Ghais. Barkindo made this known in a congratulatory messa...

January 4, 2022 No Responses

Buhari Mourns Bashir Tofa

President Muhammadu Buhari has expressed sadness over the passing of one-time Presidential Candidate in a two-horse race, Bashir Tofa, ”a politician of note, who was also a promoter of Islamic culture and civilization’.’ The president made his feel...

January 3, 2022 No Responses

NNPC Explains Fire Outbreak At Port Harcourt Refinery

The Nigerian National Petroleum Corporation (NNPC), on Sunday, described January 1, 2022 fire outbreak at the Port Harcourt Refining Company (PHRC) as minor. According to NNPC, the fire, caused by a spark while a 33,000-litre truck was discharging naphth...