City BusinessNews, Author at City Business News

May 4, 2019 No Responses

Sanusi Joins MTN Board

MTN Group, on Friday, in Johannesburg, South Africa,announced the appointment of the Emir of Kano, Mallam Sanusi Lamido Sanusi, into its board. The appointment of the former Central Bank of Nigeria (CBN) governor is part of significant changes to MTN board,...

May 4, 2019 No Responses

PricePointe Wholesale Club Approves One-Day Membership For Workers

To celebrate the International Workers’ Day, PricePointe Wholesale Club is offering Nigerian workers a one-day membership for N500 to enable them get everything they love for the month of May. The PricePointe Club Workers’ Day Special takes place this week...

May 4, 2019 No Responses

Rolls-Royce Celebrates 115 Years Of Innovation, Excellence

On 4 May 1904, Charles Rolls and Henry Royce met for the first time at The Midland Hotel, Manchester; an encounter that would change the course of automotive history. Exactly 115 years later, the marque they agreed to form that...

May 4, 2019 No Responses

NIMASA DG: We Are Determined To End Piracy

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that his agency is determined to run pirates and other bandits operating on the nation’s territorial waters out of business. Peterside wh...

May 3, 2019 No Responses

Nigeria’s Unemployment Rate To Reach 33.5% By 2020

Nigeria unemployment rate to reach 33.5 per cent by 2020, says the Federal Government. Sen. Chris Ngige, Minister of Labour and Employment, said this while declaring open a two-day workshop on “Breaking the Resilience of High Unemployment Rate in the...

May 3, 2019 No Responses

NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London Stock Exchange (LSE), has announced the inauguration of the reconstituted Board of Directors of ANOH Gas Proc...

May 3, 2019 No Responses

132 Companies Bid For NNPC’s Crude Sales Contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and international business partners, and potential off-takers and suppliers with 132 organisations indicating interest. ...

May 3, 2019 No Responses

Jaguar Moves Land Rover Defender Production To Slovakia

British carmaker, Jaguar Land Rover (JLR) will move the assembly of its Land Rover Defender to its plant in Slovakia to make room for newer models at its factory in Britain, the company has said. The Defender 4X4, which is designed an...

May 3, 2019 No Responses

Second LNG Terminal Begins Operations In Bangladesh

Bangladesh has commissioned its second LNG terminal with the launch of operations of FSRU Summit LNG offshore Moheshkhali Island in the Bay of Bengal. According to Excelerate Energy, the FSRU completed commissioning of the LNG terminal, owned by Summit LNG...

May 2, 2019 No Responses

Labour Cautions Nigerian Govt On Debt Profile, Borrowing

Organised labour in Nigeria has again cautioned the Federal Government on the nation’s rising debt profile, “resulting from government’s unsaturated appetite for borrowing and foreign loans.’’ The President of the United Labour Congress (ULC), ...

May 2, 2019 No Responses

Samsung Builds 1st LNG-Fueled Ships With Own Technology

South Korea’s Samsung Heavy Industries (SHI) informed it has successfully constructed its first LNG-fueled vessels with the shipbuilder’s own technology. The LNG-powered 113,000 dwt oil tanker pair delivered to an Asian shipowner early this year just compl...

May 2, 2019 No Responses

NUJ Seeks End To Casualisation

The Nigeria Union of Journalists (NUJ) has called for an end to exploitation of journalists through casualisation of their employment by some media organisations. ”This type of employment is promoting compromises in the journalism profession for financial gr...

May 1, 2019 No Responses

Nigeria Implores Total On Egina Project, Fresh Investment Decision

Vice President, Yemi Osinbajo and the Minister of State for Petroleum Resources, Ibe Kachikwu, on Tuesday had a close door meeting with a delegation of multinational oil and gas firm, Total S.A, at the Presidential Villa. Kachikwu, who spoke with...

May 1, 2019 No Responses

NPA Unveils Fresh Agenda To Tackle Apapa Gridlock

As part of its commitment to end the present gridlock along Apapa Ports access roads, the management of Nigerian Ports Authority (NPA) is at the verge of commissioning two transit parks located at Lillypond and Tin can Island Second Gate....