City BusinessNews, Author at City Business News

October 29, 2021 No Responses

Oil Sector: Upstream Commission Boss Assures Of Increased Investments

The Federal Government is committed to shoring up the nation’s oil production quota and boosting investments in the upstream segment of the oil and gas industry, the Nigerian Upstream Regulatory Commission (NURC) Chief Executive Officer, Gbenga Komolafe has said. In...

October 29, 2021 No Responses

NCC Celebrates Retiring Staff, Osmund Omulu

Staff of the Nigerian Communications Commission (NCC) converged in the Conference Room of the Commission’s Head Office recently, to honour Osmund Omulu, a staff of the Commission, who is retiring upon attaining the Nigerian public service mandatory retir...

October 28, 2021 No Responses

NCC, WATRA To Combat e-Fraud, Standardise Regional Roaming Tariffs

The Nigerian Communications Commission (NCC) and other telecoms regulators under the auspices of West African Telecoms Regulators Assembly (WATRA) are set to develop technical and regulatory modalities aimed at combating rising wave of electronic frauds, and s...

October 28, 2021 No Responses

Photo News

R-L: Managing Director, Nigeria LNG Limited, Dr. Philip Mshelbila; Managing Director, Shell Nigeria Gas and President, Nigeria Gas Association, Mr. Ed Ubong; Managing Director, Shell Nigeria Exploration and Production Company Limited, Mrs. Elohor Aiboni; and C...

October 28, 2021 No Responses

SAHCO Attains N6.4b Revenue In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the nine months period ended September 2021, Skyway Aviation Handling Company Plc (SAHCO) attained N6.2b (N6,423,637) revenue, compared with N4.9 (N4,955,544) recorded within same period in 2020.&n...

October 28, 2021 No Responses

Dana Air MD: Public, Private Partnership Key To Sustainable Economic Growth

The Chief Executive Officer of Dana Air, Jacky Hathiramani has reaffirmed the need for the government to focus more on public, private partnerships to achieve a far-reaching and immediate impact in Nigeria’s economy. The Dana Air boss made this re...

October 28, 2021 No Responses

ABC Orjiako: Energy Transition Must Be Done In A Collaborative Manner

In recognition that one of the biggest challenges in Energy Transition is the continuous discordant tunes that are being sung across the world, Dr. ABC Orjiako, Chairman, Seplat Energy Plc believes that the best of this new journey can only...

October 28, 2021 No Responses

Ecobank Pan African Centre Opens In Lagos

Ecobank Nigeria has concluded arrangements to commission its new head office building, the Ecobank Pan-African Centre (“EPAC”). The ultra-modern edifice situated along Ozumba Mbadiwe Road on the highbrow Victoria Island, Lagos will be commissioned by...

October 28, 2021 No Responses

SIFAX ICT Records 33,500 TEUs In First Year of Operations

SIFAX Inland Container Terminal, an off-dock terminal owned by SIFAX Group, has recorded over 33,500 TEUs in its first year of operations. The terminal, located in Ijora, Lagos, was commissioned in October 2020 to alleviate the difficulties experienced b...

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 27, 2021 No Responses

Bayelsa To Borrow N43.57b As Debt Hits N169b

The Bayelsa State Government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as the state’s debt profile hits N169 billion. The borrowing plan is contained in the 2022 Appropriation Bill of the...

October 27, 2021 No Responses

TotalEnergies Names France’s 1st LNG Bunker Vessel

The first liquefied natural gas (LNG) bunker vessel to be based in France has been officially named Gas Vitality at a ceremony held on Tuesday at Hudong-Zhonghua Shipbuilding in China. The 18,000-cbm newbuild vessel is TotalEnergies Marine Fuels’ second coll...

October 27, 2021 No Responses

Anambra: FRSC Implores Personnel On Collaboration With Other Security Agencies

The Corps Marshal, Federal Road Safety Corps (FRSC), Dr. Boboye Oyeyemi, has directed operatives of the corps deployed to cover the Anambra governorship election to ensure effective collaboration with other security agencies. A statement issued by the Co...

October 27, 2021 No Responses

Twitter Profits Slump To $809m

Twitter lost more than half a billion dollars in the three months to September after it paid $809.5m (£588m) to settle a long-running lawsuit. The social media giant was accused of misleading investors over user engagement in 2015. However despite...