Author: yetty
FEC Approves N117b For Oil Museum
The Federal Executive Council (FEC) has approved N117 billion for the construction of Oloibiri oil museum in Bayelsa. The Minister of State for Petroleum resources, Mr Timipre Sylva, made this known when he briefed State House correspondents on the outco...
FG Tasks FRSC On Professionalism
The Federal Government has tasked the Federal Road Safety Corps (FRSC) on professionalism and efficient traffic management in the country. The Secretary to the Government of the Federation (SGF), Boss Mustapha, gave the charge at the 1st Quarter 2023 Str...
Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization
Foremost Container shipping heavyweight, A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company reported solid performance across all its bu...
Buhari Congratulates Ajaero, New NLC President
President Muhammadu Buhari has congratulated Joe Ajaero on his emergence as the new president of the Nigeria Labour Congress (NLC). The president, in a congratulatory message by his media aide, Malam Garba Shehu on Wednesday also hailed the National Exec...
Citation Of Deputy Corps Marshal, Dr Kayode Olagunju
Kayode OLAGUNJU, was born on the 13th of March 1963 in Ilesa, Osun State, Nigeria. He graduated from the University of Ife (now Obafemi Awolowo University), Ile Ife in 1987 and later acquired a Master’s of Science Degree in Transportation...
World’s Largest Containership Squeezes Through Suez Canal
Evergreen’s giant 24,000 TEU containership, Ever Acme has transited the Suez Canal while on its maiden voyage from Malaysia to the Netherlands. The ship is the newest addition to Evergreen’s A-type vessel series and can carry over 24,000 co...
Access Bank Unveils ‘Love Is More’ Campaign For Valentine
Access Bank Plc has unveiled several discounts and mouth-watering freebies on its retail products and services to celebrate its customers in this season of love. The Valentine season campaign, tagged ‘Love is More,’ will run from Feb. 1 to...
LIRS, FIRS Seal Tax Audit Pact
The Lagos State Internal Revenue Service (LIRS) and Federal Inland Revenue Service (FIRS) on Monday, February 6, 2023, signed a Memorandum of Understanding on the exchange of information and implementation of joint tax audit and investigation exercise. ...
DMO Presents N130b Sukuk Cheque To FMWH, FCTA
The Debt Management Office, on Monday, presented cheques of N130 billion being Proceeds of the 2022 Sovereign Sukuk offer to the implementing ministries. The implementing ministries were the Federal Ministry of Works and Housing (FMWH) and the Federal Capit...
Group Tasks CBN On PWDs Access To New Naira Notes
Heal Disability Initiative, a non-governmental organisation, has urged the Central Bank of Nigeria (CBN) to ensure that People with Disabilities (PWDs) have easy access to the redesigned Naira notes. The organisation also called for inclusion of persons...
Geregu Power Declares 50.5% Drop In Profit
Geregu Power Plc has reported 50.5 per cent decline in profit as revenue dropped and earnings impaired negatively. The company, listed on the NGX last year reported N10.17billion profit in 2022 as against N20.55billion in 2021, while profit ...
INEOS GRENADIER PARTNERS COSCHARIS MOTORS IN NIGERIA
INEOS Automotive has named Coscharis Motors as its official retail partner in Nigeria. A statement sent to City Business News explained that Nigeria is now the sixth market in Sub-Sahara Africa to join the INEOS Automotive brand, followi...