City BusinessNews, Author at City Business News

June 20, 2019 No Responses

Rivers State Reiterates Support For NLNG Train 7

Rivers State Government has pledged to support Train 7 project of the Nigeria Liquefied Natural Gas (NLNG) Limited because of its potential to create about 15,000 jobs and enhance the state’s economy. Speaking on Wednesday when the management of NLNG...

June 20, 2019 No Responses

CEAT Partners Renault On Fuelsmart Tyres

Foremost tyre firm, CEAT has announced its association with Renault for its new car Triber in the sub-4m MPV space. In the past, CEAT partnered with Renault for the launch of its hatchback Kwid. “CEAT’s Fuelsmarrt tyres are specially customised...

June 20, 2019 No Responses

FRSC: Applicants Of Drivers Licence Renewal To Embrace Bypass Capture

The Federal Road Safety Corps has once again intimated the general public especially applicants flooding FRSC Drivers’ Licence Centres for the renewal of their drivers licence to desist from doing so. Instead, they should use the Bypass capture scheme of...

June 19, 2019 No Responses

NLNG Task Contractors On Safety, Zero Incidents

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Mr Tony Attah, on Tuesday in Port Harcourt, called on Chief Executive Officers of contractors to NLNG to be more visible in promoting safety in their operations. A...

June 19, 2019 No Responses

NNPC’s Technical Firm Declares N6.758b Profit

The National Engineering and Technical Company of Nigeria (NETCO), the engineering subsidiary of the Nigerian National Petroleum Corporation, on Tuesday posted a profit before tax of N6.75 billion for the year ended 31st December 2018 representing an increase ...

June 19, 2019 No Responses

Access Bank Launches Womenpreneur Pitch-A-Ton 2019

As part of efforts to provide financial and business skills to female entrepreneurs, Access Bank Plc has announced the launch of its Womenpreneur Pitch-A-Ton 2019, a capacity building initiative which will provide financial grants as well as mini-MBA in conjun...

June 19, 2019 No Responses

CBN Injects $210m Into Forex Market

The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, June 18, 2019, indicated that authorized dealers in the wholesale segment of the...

June 19, 2019 No Responses

Baru Decries Cross-Border Smuggling of Petroleum Products

Group Managing Director of the Corporation, Dr. Maikanti Baru, called on members of the Nigerian Union of Journalists to join the Corporation is naming and shaming cross-border smugglers of petroleum products. Dr. Baru, made the call when he played host....

June 19, 2019 No Responses

IOSCO Implores Capital Market Authorities On Cyber Risk

The Board of the International Organization of Securities Commissions (IOSCO) on Tuesday issued a final report that provides an overview of three internationally recognized cyber standards and frameworks used by IOSCO members. It also identifies potential gaps...

June 18, 2019 No Responses

Dangote Cement Terminals To Generate $700m Forex

Dangote Cement Plc is to generate $700million forex from the cement terminals being constructed in Lagos State and Onne, Rivers State. Speaking at the 10th Annual General Meeting on Monday in Lagos, chairman of the company, Aliko Dangote, explained...

June 18, 2019 No Responses

UBA Foundation Celebrates International Day Of African Child

UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, on Monday, joined the rest of the world to celebrate the International Day of the African Child. The day which has been set aside by the...

June 18, 2019 No Responses

Aisha Buhari Honours Female Soldiers

At a dinner to celebrate the female participants of the Democracy Day parade, Mrs. Aisha Buhari, First Lady of Nigeria has charged the celebrants to inspire young ones by being role models. She noted that the celebrants have won the...

June 18, 2019 No Responses

ICC Nigeria, Gates Foundation Implore FG On Food Security

The Chairman of the International Chamber of Commerce Nigeria, who is also the Regional Coordinator of the global body for Sub-Saharan Africa, Babatunde Savage, has declared that the Federal Government of Nigeria and every other stakeholder need to devise a...

June 18, 2019 No Responses

Activities Kick Off At Edo Production Centre

As business activities officially kick off at the Edo Production Centre, the Bank of Industry (BOI), Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) and other stakeholders have applauded the Governor Godwin Obaseki-driven initiative which...