City BusinessNews, Author at City Business News

October 6, 2019 No Responses

OPEC, GECF Seal Research, Cooperation MoU

The Secretaries General of the Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) have signed an Memorandum of Understanding (MoU) to strengthen cooperation in research and the sharing of best practices. Mohammad Sanusi Barkindo,...

October 5, 2019 No Responses

NPA Refutes Bua’s Allegations, Insist On Arbitration

Despite the alleged delay by BUA Ports and Terminal Limited, the Nigerian Ports Authority (NPA) is prepared to diligently pursue the arbitration process, which it initiated, General Manager, Corporate and Strategic Communications, Jatto Adams has said. I...

October 5, 2019 No Responses

Commonwealth Ministers Target $2tri Trade By 2030

Trade ministers and senior officials from 53 Commonwealth countries will gather in London on October 10, 2019 to explore modalities on how to achieve $2trillion trade by 2030. The Minister are also expected to put strategies in place for deepening....

October 5, 2019 No Responses

Dana Air Partners 25th Nigerian Economic Summit Group

Dana Air has announced its partnership with the 25th Nigerian Economic Summit Group (NESG) scheduled to hold at the Transcorp Hilton Hotel, Abuja from 7th to 8th October 2019. The theme for this year’s Summit is “Nigeria 2050: Shifting Gears,”...

October 4, 2019 No Responses

Nigeria, Qatar, Russia Fault Unilateral Economic Sanctions

The 21st Ministerial Meeting of Gas Exporting Countries commenced on Thursday in Moscow, Russia under the Chairmanship of Manuel Salvador Quevedo Fernandez, Power Minister of Petroleum of the Bolivarian Republic of Venezuela. The Meeting was attended by ...

October 4, 2019 No Responses

Senate Increases NCS 2020 Revenue Target By N557.4b

The Nigerian Senate on Thursday increased the 2020 revenue target of the Nigeria Customs Service (NCS) by N557.4billion, that is, from N942.6 billion to N1.5trillion. Meanwhile, the NCS said it generated N115 billion in September, the highest so fa...

October 4, 2019 No Responses

Shell Inaugurates 34 Projects In Delta

The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV) has appealed to its host communities to continue to create the enabling environment for sustainable business growth. The SPDC General Manager, External Relations, Igo Weli, ma...

October 4, 2019 No Responses

NSE Market Capitalisation Drops By N111b

Activities on the nation’s bourse remained on a negative posture on Thursday with the market capitalisation dropping further by N111 billion, amid sell pressure in blue chips. News Agency of Nigeria (NAN) reports that the market capitalization which opened a...

October 4, 2019 No Responses

GOCOP Reelects Exco

Mr Dotun Oladipo, Publisher of The Eagle Online has been re-elected as the President, Guild of Corporate Online Publishers, GOCOP. He was returned unopposed at the Guild’s annual general meeting on Thursday in Lagos through affirmation alongside other me...

October 3, 2019 No Responses

Nigeria To Build Cash-Less Toll Plazas On Highways

The Nigerian Government on Wednesday disclosed plans to reintroduce toll plazas on its roads across the country. According to Works and Housing Minister Babatunde Fashola, cash transactions will be minimised at the toll plazas, which will be built on at....

October 3, 2019 No Responses

Buhari Arrives South Africa For Three-Day Visit

President Muhammadu Buhari on Wednesday arrived at Waterloof Air Force Base, Pretoria, to begin a three-day official visit to South Africa. The President left the Presidential Villa, Abuja at about 1:30 p.m. for Pretoria via the Presidential wing of the...