City BusinessNews, Author at City Business News

September 4, 2019 No Responses

Julius Berger Nigeria Bids For Contracts In Philippines

By Moses Ebosele, ebosele@hotmail.com — Julius Berger Nigeria Plc has declared its interest in the upcoming bidding process for a construction project in the Philippines. In a notice sent to the Nigerian Stock Exchange (NSE) through its Company Secretary, E....

September 4, 2019 No Responses

EFCC Seeks CBN’s Support In Fight Against Corruption

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has solicited the support of the Central Bank of Nigeria (CBN) in the fight against corruption, noting that the apex bank’s strategic position in the financial sec...

September 4, 2019 No Responses

Shasore Leads Discussions At Taiwo Afolabi Maritime Conference

OlasupoShasore (SAN), former Attorney General and Commissioner of Justice, Lagos State from 2007- 2011 and Partner, African Law Practice, a leading commercial law firm in Nigeria will deliver the keynote address at this year’s Taiwo Afolabi Annual Maritime C...

September 4, 2019 No Responses

NNPC Tasks FRSC On Smoky Trucks

The Nigerian National Petroleum Corporation (NNPC) has called on the Federal Road Safety Corps and other relevant agencies to rise up to their mandate of keeping the nation’s roads safe by keeping smoky vehicles that exceed the approved emissions limit...

September 4, 2019 No Responses

NSE Photo News

L-R: Oscar N. Onyema, CEO, Nigerian Stock Exchange (NSE), strikes a pose with children of NSE employees, during their visit to the Exchange on Tuesday.

September 4, 2019 No Responses

AU Condemns South Africa Violence

A senior official of the African Union (AU) has condemned the xenophobic violence in South Africa’s commercial capital, Johannesburg, saying the businessmen who suffered economic losses should get “justice”. Dozens of people were arrested on ...

September 3, 2019 No Responses

NNPC Boss Tasks Top Management Team On Performance

Keen on delivering on his mandate, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of his management team to work assiduously to deliver on the key priority areas of growing the...

September 3, 2019 No Responses

NPA Photo News

Representative of the Managing Director, Nigerian Ports Authority and the General Manager, Managing Director’s office, Dr. Chinwe Abama receives a present on behalf of the Managing Director from the in-coming Secretary General of Port Management Association ...

September 3, 2019 No Responses

Hyundai Secures $189m LNG Carrier Order

South Korean biggest shipbuilder Hyundai Heavy Industries (HHI) has secured an order for the construction of an LNG carrier.Placed by an unnamed shipowner from Oceania, the order amounts to KRW 228.9 billion (USD 188.8 million), HHI said in a stock...

September 3, 2019 No Responses

SEC To Defunct Afribank Shareholders: Claim Your Dividends

The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends. SEC said this is part of its investor protection programme and as well as ensure that shareholders get the benefits of investing...

September 3, 2019 No Responses

Oyo State, Kia Seal Deal On 100 Units Of Rio

By Moses Ebosele, ebosele@hotmail.com Kia Motors Nigeria has successfully secured order for 100 units of Kia Rio from the Oyo state government. The state government recently approved the procurement of the 100 patrol vehicles as part of measures to tackl...

September 2, 2019 No Responses

LNG Firm Secures $180m Loan

Bermuda-registered shipping company, Golar LNG has secured a number of charter deals and a new loan, the company said in its second quarter of 2019 financial report. Namely, Golar LNG fixed four LNG carriers on floating rate contracts and two...

September 2, 2019 No Responses

Nigerians Sue Senate Over Plan To Spend N5.5bB On Cars

Socio-Economic Rights and Accountability Project (SERAP), BudgIT, Enough is Enough (EiE) and 6,721 concerned Nigerians have filed a lawsuit asking the Federal High Court to “restrain, prevent and stop the National Assembly Service Commission from paying or r...

September 2, 2019 No Responses

NNPC Retail Partner Navy On Floating Mega Stations

NNPC Retail, the downstream subsidiary of the Nigerian National Petroleum Corporation with interest in retail marketing, sales and distribution of petroleum products, has revved up plans with the Nigerian Navy to ensure effective service delivery and security ...