City BusinessNews, Author at City Business News

June 11, 2021 No Responses

Air Peace Begins Port Harcourt- Benin, Kano- Asaba Flights

By citybusinessnews@yahoo.com — Air Peace has announced the commencement of flight operations on Port Harcourt-Kano-Port Harcourt and the resumption of Kano-Asaba-Kano routes. In a statement on Thursday, the airline’s Media Executive,Mr Stanley Olisa, explained that the airline had introduced a set of new con...

June 11, 2021 No Responses

COSCO Mulls Acquisition Of Container Terminal

Hong Kong-based COSCO Shipping Ports Limited has revealed that it started negotiations with German container terminal operator Hamburger Hafen und Logistik AG (HHLA) to potentially acquire a minority stake in HHLA Container Terminal Tollerort (CTT)....

June 11, 2021 No Responses

NGX Unveils Enhanced Brokers Performance Ranking Report

By citybusinessnews@yahoo.com — Nigerian Exchange Limited (NGX) has launched an enhanced broker performance ranking report designed to provide detailed insight into the performance of Trading License Holders across asset classes and improve participatio...

June 11, 2021 No Responses

Photo News

R-L: The Acting Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello Koko, Chairperson Ship Owners Forum, Margret Orakwusi and the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh during the o...

June 11, 2021 No Responses

NCC Concludes Cost-Based Study On International Termination Rate Determination

The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international oper...

June 11, 2021 No Responses

Buhari Inaugurates New Maritime Security Assets, Secures Ten Convictions

By citybusinessnews@yahoo.com — The Federal Government has secured 10 convictions for various maritime offences since the Suppression of Piracy and other Maritime Offences Act was signed into law in June 2019. President Muhammadu Buhari disclo...

June 11, 2021 No Responses

Nigerian Army Gets New Spokesperson

The Chief of Army Staff, Maj.-Gen. Farouk Yahaya, has approved the appointment of Brig.-Gen. Onyema Nwaxhukwu as the Director of Army Public Relations, insider sources have disclosed. Nwachukwu takes over from Brig.-Gen. Mohammed Yerima, who assumed duty...

June 10, 2021 No Responses

Seplat CEO Implores Nigeria On Critical Role Of Technology In Oil Market Competitiveness

By citybusinessnews@yahoo.com — Technology will play a key role in ensuring Nigeria stays cost competitive in today’s oil market, Mr. Roger Brown, Chief Executive Officer of Seplat Plc, has said. The Seplat CEO said this in his keynote address t...

June 10, 2021 No Responses

NLNG, Three Firms Seal Domestic Supply Sales And Purchase Agreements

By citybusinessnews@yahoo.com — Nigeria LNG Limited (NLNG) has signed 10-year LNG Sales and Purchase Agreements (SPAs) with three offtakers for the domestic supply of Liquified Natural Gas (LNG) in the country. Under the arrangement, the Company will su...

June 10, 2021 No Responses

ANLCA Faults CBN On Increase In Cargo Clearance Exchange Rate

The increase of customs exchange rate for cargo clearance by the Central Bank of Nigeria (CBN) is coming at a wrong time, the Association of Nigerian Licensed Customs Agent (ANLCA) has said. The Chairman of Tincan Island Chapter of ANLCA, Mr.....

June 10, 2021 No Responses

NCC Charges Nigerian Youths On Responsible Internet Usage

The Nigerian Communications Commission (NCC) has urged Nigerian youths to leverage Internet/broadband access to unleash their potentials for innovation and creativity, as well as their quest for job opportunities and skills acquisition. The Executive Vic...

June 10, 2021 No Responses

Afreximbank Seeks Harmonisation Of African Automotive Standards

African Export-Import Bank (Afreximbank) is supporting the African Organisation for Standardisation (ARSO) to harmonise standards in the automotive sector in Africa in order to facilitate an accelerated development of the sector across the continent. The harmo...

June 9, 2021 No Responses

Nigeria Seeks More Investment In Coconut Industry

June 9, 2021 No Responses

Trump Hails Nigeria For Banning Twitter

Former U.S. President Donald Trump has congratulated Nigeria for suspending the operations of Twitter in the country. Trump, in a statement on Tuesday night, commended Nigeria for the action, calling on more countries to “ban Twitter and Facebook for n...