Shipowners Implore UN Member State On Ambitious Course For 2050

Shipowners Implore UN Member State On Ambitious Course For 2050

The International Chamber of Shipping (ICS),  which represents over 80% of the world’s merchant fleet, has submitted detailed proposal for the next round of IMO negotiations set for July this year with the aim of increasing decarbonization targets and setting a course...
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2023 Hajj: Air Peace Begins Airlift Of Nigerian Pilgrims

2023 Hajj: Air Peace Begins Airlift Of Nigerian Pilgrims

Air Peace has commenced the airlift of Nigerian pilgrims for the 2023 Hajj, a statement issued by the airline has revealed. The statement made available to City Business News on Friday explained that the airline will be airlifting the pilgrims...
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Okomu Oil Shareholders Okay N21 Final Dividend For 2022

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com  Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022.  This in addition to the N9 paid as interim dividend amounts to a total of...
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Tony Blair Visits Tinubu 

Tony Blair Visits Tinubu 

Former United Kingdom Prime Minister, Tony Blair, on Tuesday, visited  President-elect, Bola Tinubu. The president-elect, Asiwaju Bola Tinubu who disclosed this  on his Twitter page on Tuesday said “I received former British Prime Minister and foun...
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KABIR MOHAMMED TAKES OVER AS FAAN MD

KABIR MOHAMMED TAKES OVER AS FAAN MD

Kabir Yusuf Mohammed has resumed as the Managing Director/Chief Executive of the Federal Airports Authority of Nigeria. A statement sent to City Business News on Tuesday explained that this follows his appointment by the Federal Government after the expiration...
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Nestlé Appoints Oyebode Board Chairman

Nestlé Appoints Oyebode Board Chairman

The Board of Nestlé Nigeria PLC has appointed Mr. Gbenga Oyebode  as the new Chairman of the Board of Directors with effect from May 18, 2023.   The appointment announced to shareholders and other stakeholders at the Annual General Meeting of.....
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661 Containers Lost At Sea, Says World Shipping Council   

661 Containers Lost At Sea, Says World Shipping Council   

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. City Business News report that the report covers the year 2022, sho...
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MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS

MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS

The Minister of Transportation, Engineer Mu’azu Jaji Sambo, in Lagos at the weekend commissioned five enforcement boats and four ferries for staff of the Nigerian Maritime Administration and Safety Agency, NIMASA.  Also commissioned were newly acqui...
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BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.Speaking at the occasion attended by Heads of S...
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Photo News

Photo News

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Nigeria Unveils Revised National Agric Seed Policy

Nigeria Unveils Revised National Agric Seed Policy

As part of measures to boost farmers’ unrestricted access to best genetics and enhance productivity, the Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar has unveiled Revised National Agricultural Seed Policy According to the Ministe...
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Lekki Port Adopts Electronic Call-Up System, Ready For Transhipments  

Lekki Port Adopts Electronic Call-Up System, Ready For Transhipments  

The promoters of the Lekki Deep Sea Port- Lekki Port LFTZ Enterprise Limited (LPLEL) and the terminal operator-Lekki Freeport Terminal (LFT) have expressed the readiness of the Port for transhipment operations and restore the status of Nigeria as a cargo...
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Fidelity Bank CEO Bags Champion Newspapers’ Banker Of The Year Award

Fidelity Bank CEO Bags Champion Newspapers’ Banker Of The Year Award

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has received yet another recognition as she bagged the award of the Banker of the Year 2022 at the Champion Newspapers’ Awards of the Year 2022. Held at the Eko...
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Dana Air Celebrates Hilda Baci, Mum With Free Tickets

Dana Air Celebrates Hilda Baci, Mum With Free Tickets

Dana Air has announced its support for the Guinness World Record-breaking Chef, Hilda Baci, with one year of free tickets for all her domestic travels. Hilda surpassed the current world record for the longest cooking marathon by an individual. The...
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