Author: City BusinessNews

TotalEnergies, Firm Sign 15-Year Green Hydrogen Supply Deal
June 8, 2024 No Responses

TotalEnergies, Firm Sign 15-Year Green Hydrogen Supply Deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per...
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NGX Launches New USSD To Enhance Capital Market Access
June 8, 2024 No Responses

NGX Launches New USSD To Enhance Capital Market Access

Nigerian Exchange (NGX) Limited has urged investors to leverage on its new USSD platform for enhanced capital market access.  NGX stated this at its Investor Education Series, partnered with Meristem via a zoom meeting held with the theme, ‘Unlocking Po...
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Excitements As Carloha Unveils Chery Tiggo 8 Pro In Lagos.
June 7, 2024 No Responses

Excitements As Carloha Unveils Chery Tiggo 8 Pro In Lagos.

Carloha, representative of Chery in Nigeria has unveiled Chery Tiggo 8 Pro Sports Utility Vehicle (SUV) at a colourful ceremony in Lagos.The event drew an impressive crowd of high-calibre personalities from various sectors of the economy, along with esteemed t...
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Alleged Tax Evasion: EFCC Arraigns TSTV MD, Others
June 7, 2024 No Responses

Alleged Tax Evasion: EFCC Arraigns TSTV MD, Others

The Federal Government has arraigned two chief executives of Telecom Satellites Limited (TSTV), over alleged tax evasion, money laundering and advanced fee fraud offences, before Justice Inyang Ekwo of the Federal High Court, Abuja. They are Bright Echefu...
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FG Begins Freight Services From Kano To Lagos By Rail
June 7, 2024 No Responses

FG Begins Freight Services From Kano To Lagos By Rail

The Federal government on Thursday relaunched freight services from the Dala inland dry port in Kano to the Apapa port terminal in Lagos using the narrow-gauge railway. Speaking during the commissioning of the freight movement at the Dry Port in...
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Presco’s Shareholders Okay N24.3b For 2023 Dividend
June 6, 2024 No Responses

Presco’s Shareholders Okay N24.3b For 2023 Dividend

For the year ended December 31, 2023, Shareholders of Presco Plc have approved dividend of N24.30 per 50 Kobo share, amounting to N24.3billion.   At the 31st Annual General Meeting (AGM) of Presco Plc in Lagos on Thursday, Shareholders also...
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WFE Re-Elects CEO For 4th Term 
June 6, 2024 No Responses

WFE Re-Elects CEO For 4th Term 

The World Federation of Exchanges, the global industry association for exchanges and clearing houses has announced the re-election of its CEO, Nandini Sukumar, to the position of Vice Chair of the International Organization of Securities Commission’s (IOSCO)...
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Photo News
June 6, 2024 No Responses

Photo News

CNG Version Of Captain W At The Ongoing Lagos Motor Fair On Wednesday
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FIDELITY BANK UNDERTAKES ₦29.6b RIGHTS ISSUE, ₦97.5b PUBLIC OFFER
June 5, 2024 No Responses

FIDELITY BANK UNDERTAKES ₦29.6b RIGHTS ISSUE, ₦97.5b PUBLIC OFFER

Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue to existing shareholders and a Public Offer (the “Combined Offer...
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IGP APPOINTS FIRST FEMALE FORCE SECRETARY
June 5, 2024 No Responses

IGP APPOINTS FIRST FEMALE FORCE SECRETARY

In furtherance of the vision to ensure gender inclusivity and equality in all aspects of appointments and operations within the Nigeria Police Force, the Inspector-General of Police, IGP Kayode Adeolu Egbetokun has appointed Assistant Inspector General of Poli...
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FG To Unveil  Nedogas 300 MMscfd Kwale Gas Gathering Facility
June 5, 2024 No Responses

FG To Unveil  Nedogas 300 MMscfd Kwale Gas Gathering Facility

Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, has in collaboration with the NNPC Gas Infrastructure Company (NGIC), a subsidiary of the Nigerian National Petrole...
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TINUBU CONGRATULATES INDIAN PRIME MINISTER, NARENDRA MODI ON ELECTION VICTORY
June 5, 2024 No Responses

TINUBU CONGRATULATES INDIAN PRIME MINISTER, NARENDRA MODI ON ELECTION VICTORY

President Bola Tinubu extends his warm congratulations to the Prime Minister of India, His Excellency, Narendra Modi, on his epoch-making victory in the nation’s parliamentary elections. Prime Minister Modi’s coalition – the National Democrat...
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Made In Nigeria Cars Expo Holds In Abuja, Kenya, Tokyo
June 4, 2024 No Responses

Made In Nigeria Cars Expo Holds In Abuja, Kenya, Tokyo

THE Buy Made in Nigeria Project Office Abuja has unveiled plans for the Buy Made in Nigeria Cars Expo and Exhibition.According to the organisers, the event is scheduled for Abuja later this year, and the World Automobile and Automotive Expo...
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Export: NCS To Facilitate More  Trade Through AfCFTA, AGOA
June 4, 2024 No Responses

Export: NCS To Facilitate More  Trade Through AfCFTA, AGOA

The Comptroller General of Nigeria Customs Service, Bashir Adewale Adeniyi has reiterated the service commitment to grow the Nigerian economy through enhanced trade facilitation tools leveraging on platforms and policies like the  African Continental Free Tra...
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