Author: City BusinessNews

Cricket Federation Distributes Equipment To 14 Schools
May 28, 2021 No Responses

Cricket Federation Distributes Equipment To 14 Schools

The Nigeria Cricket Federation (NCF) on Thursday in Abuja distributed cricket  equipment to 14 schools in the Federal Capital Territory (FCT) to enhance the sport’s development.  Yahaya Ukwenya, Chairman of NCF Caretaker Committee, said the distribution was part of the...
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Russia Blocks Air France, Austrian Airlines For Avoiding Belarus
May 28, 2021 No Responses

Russia Blocks Air France, Austrian Airlines For Avoiding Belarus

Russia has denied entry to two European airlines because they planned to avoid flying over Belarus to get to Moscow. Air France and Austrian Airlines have both had to cancel services after their flight plans were rejected by Russia.  Some...
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Court Orders Shell To Cut Emissions By 45%
May 27, 2021 No Responses

Court Orders Shell To Cut Emissions By 45%

A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet.The...
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Nigerian Shippers’ Council Partners Ghana On Trade Facilitation
May 27, 2021 No Responses

Nigerian Shippers’ Council Partners Ghana On Trade Facilitation

The Nigerian Shippers’ Council (NSC) is collaborating with the Ghana Shippers Authority (GSA) to further protect shippers and promote trade in Africa.  The Executive Secretary/Chief Executive Officer of NSC, Mr Hassan Bello explained on Wednesday in Abu...
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Dangote Cement Shareholders Okay N272.6b For 2020 Dividend
May 27, 2021 No Responses

Dangote Cement Shareholders Okay N272.6b For 2020 Dividend

For the year ended December 31, 2020, shareholders of Dangote Cement Plc on Wednesday approved total dividend of N272.6 billion, amounting to N16 per share.  Speaking at the 12th Annual General Meeting (AGM) held virtually in Lagos State, the founder,...
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Heritage Bank Partners Silverbird To Empower Young Creative Nigerians
May 27, 2021 No Responses

Heritage Bank Partners Silverbird To Empower Young Creative Nigerians

Heritage Bank Plc has joined forces with Silverbird Group to empower and deepen its supports to young entrepreneurs in the Nigeria creative and entertainment industry.  This, the bank said, is in line with its culture as timeless wealth partners, which...
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SIFAX Group Donates Bus To Seafarers Mission
May 27, 2021 No Responses

SIFAX Group Donates Bus To Seafarers Mission

As part of its corporate social responsibility, SIFAX Group, a conglomerate with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, has donated a brand new Hyundai H1 Space Bus to a charity organi...
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TAJBank Opens Three New Branches In Abuja
May 27, 2021 No Responses

TAJBank Opens Three New Branches In Abuja

TAJBank has opened three new branches in Abuja in furtherance with its sustained drive to deepen financial inclusion and offer stress-free innovative financial services to its growing customers nationwide. Speaking during the opening ceremony of the technology...
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Lagos PDP Decries Alleged Destruction Of Party’s Posters
May 27, 2021 No Responses

Lagos PDP Decries Alleged Destruction Of Party’s Posters

The Lagos State chapter of the People’s Democratic Party (PDP), has decried alleged destruction of party’s campaign banners and posters by supporters of the ruling All Progressives Congress (APC). PDP Chairman, Adedeji Doherty, raised this concern in a sta...
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Amazon Buys Hollywood Studio For $8.45b
May 27, 2021 No Responses

Amazon Buys Hollywood Studio For $8.45b

Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). MGM is one of Hollywood’s most famous studios, having produced classic films such as Some Like It Hot and Singin’ In The Rain.  The sale will give the...
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NNPC, SNEPCo, Total, Others Seal 20 Years Deep Water Agreement
May 26, 2021 No Responses

NNPC, SNEPCo, Total, Others Seal 20 Years Deep Water Agreement

By citybusinessnews@yahoo.com  — The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners have executed agreements to renew Oil Mining Lease (OML) 118 for another 20 years.  The partners are Shell Niger...
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NPA To Fine-Tune Truck Call-Up System
May 26, 2021 No Responses

NPA To Fine-Tune Truck Call-Up System

By citybusinessnews@yahoo.com — The Acting Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko, has assured port users of the Authority’s commitment to speedily resolve all challenges associated with the electronic call-up system fo...
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APC Tasks Okowa On £4.2m Ibori Loot
May 26, 2021 No Responses

APC Tasks Okowa On £4.2m Ibori Loot

The Delta State Chapter of the All Progressives Congress (APC) has called on Gov. Ifeanyi Okowa to make judicious use of the £4.2 million  recovered from former Gov. James Ibori,  for the good of the citizens of the state.  The...
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Opinion: Another Garland Of Honour For The Reformer In Chief
May 26, 2021 No Responses

Opinion: Another Garland Of Honour For The Reformer In Chief

By Ojie Ejemhen — The evening was exciting, glamourous, refreshing and enervating. That was the night of Thursday, May 20, 2021, when BusinessDay, one of Nigeria’s foremost business newspapers, recognized the exploits of the Minister of State for Petro...
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