City BusinessNews, Author at City Business News

May 21, 2021 No Responses

Seplat’s Shareholders Get $344m Dividend In Eight Years

By citybusinessnews@yahoo.com — Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE), on Thursday held its 8th Annual General Meeting (AGM) physically and virtually. In his...

May 21, 2021 No Responses

Edo Lifts Ban On Logging In Forests

The Edo State Governor, Mr. Godwin Obaseki, has lifted the ban on logging in Edo forests, but cautioned against illegal activities that would deplete the state’s forest reserves. The governor disclosed this during a meeting with stakeholders in the for...

May 21, 2021 No Responses

Minister Inaugurates 33 Vehicles For NDDC Field Forensic Audit

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has handed over 33 utility vehicles to the Security Committee working with the Niger Delta Development Commission, NDDC, field forensic auditors. Senator Akpabio, who inaugurated the vehicles...

May 21, 2021 No Responses

Road Accidents Claim 116 Persons In Edo, Delta, Anambra

The Federal Road Safety Corps (FRSC), on Thursday diclosed that 116 persons died in road traffic crashes in its Zone 5, comprising Edo, Delta and Anambra States between January and March, 2021. The FRSC Zonal Commanding Officer, Mr Ayodele Kumapayi...

May 21, 2021 No Responses

NLNG Signs GMoU To Drive Sustainable Community Development In Rivers State

By citybusinessnews@yahoo.com — Nigeria LNG Limited (NLNG) has signed Global Memoranda of Understanding (GMoU) with host communities that enable the communities to take ownership and drive sustainable community development with the active supp...

May 21, 2021 No Responses

South Africa Unveils Electric Vehicle Manufacturing Agenda

As part of measures to increase the country’s competitiveness in the global automotive market, the South African Government has launched a public consultation on how to boost domestic production of electric vehicles (EVs). Already, the Department o...

May 20, 2021 No Responses

Buhari Assures Total CEO, AirBus, Others Of Stable Fiscal Policies

President Muhammadu Buhari on Wednesday in Paris, France, assured investors that Nigeria’s fiscal policies would be more favourable, predictable and measurably tilted towards creating harmonious business environment. Malam Garba Shehu, the president’...

May 20, 2021 No Responses

Wike Lauds NIMASA’s Blue Economy Strategy

Rivers State Governor, Nyesom Wike has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for designing and pursuing a Blue Economy strategy purposed to replace the current oil economy in about 10 years. Wike stated this in Por...

May 20, 2021 No Responses

NLNG, USAID Seal MoU To Eliminate Malaria In Bonny

Through the U.S. President’s Malaria Initiative (PMI), USAID will provide technical assistance to NLNG’s led Bonny Island Malaria Elimination Project (BNYMEP). BNYMEP seeks to reduce the malaria burden, move the community to pre-elimination status, br...

May 20, 2021 No Responses

IMO Unveils New Measures To Address Containers Lost At Sea

The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) has agreed to initiate new measures to detect and report containers lost at sea, which may enhance their positioning, tracking and recovery. The UN maritime body agreed to establ...

May 20, 2021 No Responses

Coscharis Extends Renault Giveaway Promo

Foremost automobile company and sole distributor of Renault brand in Nigeria, Coscharis Motors has announced the extension of its Renault giveaway promo. The promo which was earlier scheduled to run till the end of April has now been extended to...

May 20, 2021 No Responses

NPA Photo News

Representative of the Managing Director, Nigerian Ports Authority (NPA) and Executive Director, Marine & Operations, Onari Brown (Middle), acting team leader, Support West African Integrated Maritime Security (SWAIMS), Dr Alex Klein (2nd le...

May 20, 2021 No Responses

All-New Kia K5 Settles In Nigeria, Displays Attributes

The K5 luxury sedan since its launch in Nigeria has continued to wow and creates head-turning experiences to people across the country. It’s wide acceptance and awe are a testament to Kia’s commitment to design, quality, and the ownership experience...

May 19, 2021 No Responses

CBN Mulls One Million Hectares Of Rice Cultivation In 2021

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the apex bank plans the cultivation of one million hectares of rice in the 2021 farming seasons, to boost food security. According to information in CBN’s official...