yetty, Author at City Business News

June 16, 2023 No Responses

Stanbic IBTC Appoints Yinka Sanni Non-Executive Director 

The Board of Directors, Stanbic IBTC Holdings Plc has appointed Mr Yinka Sanni as a Non-Executive Director. In a notice to the Nigerian Exchange Limited (NGX) signed by Chidi Okezie, the Company Secretary, Stanbic IBTC Holdings Plc explained that the appointment follows the...

June 16, 2023 No Responses

Seplat Energy Appoints Chioma Afe Director External Affairs And Sustainability

The Board and Management of Seplat Energy Plc has appointed Mrs. Chioma Y. Afe as the Director, External Affairs and Sustainability effective June 15th 2023. A statement sent to City Business News explained that Chioma is an accomplished strategic Se...

June 16, 2023 No Responses

Edo Modular Refineries Hit 300,000 bbls Crude Order

Duport Midstream Company Limited (DMCL), which operates the 2500 barrels per day (bpd) modular refinery in Egbokor, Orhionmwon Local Government Area of Edo State, has placed an order for 100,000 barrels of crude (bbls) from Oza oil OML 11, operated...

June 15, 2023 No Responses

DSS Invites Suspended EFCC Chairman

The Department of State Services (DSS) has invited Abdul Rasheed Bawa, the suspended Chairman of the Economic and Financial Crimes Commission (EFCC), for questioning. The invitation according to the spokesman of the Department of State Services, Peter Afunanya...

June 15, 2023 No Responses

NCDMB Backs Confab On Local Content Implementation In Insurance Industry

The Nigerian Content Development and Monitoring Board, NCDMB, has accepted to lead discussion at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and Oil and Gas Sector. Executive Secretary of the Board, Simbi Kesiy...

June 15, 2023 No Responses

CBN Explains Unification Of All Exchange Rate Windows

In a bid to improve liquidity and stability, the Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex market collapsing all windows into one. According to a press statement signed by the Director of...

June 15, 2023 No Responses

COSCHARIS PRESENTS PRODUCTS AT LAGOS MOTOR FAIRi

Coscharis Motors, a subsidiary of Coscharis Group and the exclusive franchisee of the Ford brand in Nigeria excited automobile enthusiasts and customers at the recently held 2023 Lagos Motor Fair and Autoparts Expo, which took place in Lagos. Coscharis’s par...

June 15, 2023 No Responses

Fitch Affirms Fidelity Bank Ratings with Stable Outlook

Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report. The global rating agency also upgraded the bank’s National Short-Term Rating to ‘F1+(nga)’ from ‘F1(nga)’. It said...

June 14, 2023 No Responses

Samsung Gets $518m Contract For Two LNG Carriers

South Korean shipbuilding company, Samsung Heavy Industries (SHI) has received an order to construct two liquified natural gas (LNG) carriers. World Maritime News report that the South Korean heavyweight signed the contract with an undisclosed shipowner f...

June 14, 2023 No Responses

Edo Govt Explains Free Wi-Fi Service

The Edo State Government has said its newly launched free Wi-Fi service across various Ministries, Departments and Agencies (MDAs) and other public places in the State will accommodate nearly 1000 users simultaneously from each location, and cover an extensive...

June 14, 2023 No Responses

NAVY APPOINTS NEW CO-CHAIR FOR SHADE GULF OF GUINEA

The Chief of Naval Staff (CNS), Vice Admiral Awwal Zubairu Gambo, CFR has approved the appointment of Rear Admiral PE Effah as the new Co-Chair of the Gulf of Guinea Maritime Collaboration Forum Shared Awareness and De-Confliction (GoG-MCF SHADE), replaci...

June 14, 2023 No Responses

NDDC To Reactivate Free Medical Programme

The Niger Delta Development Commission (NDDC) will soon reactivate its Free Health Care Programme, which covers communities in the Niger Delta region, as part of its commitment to enhance better healthcare delivery to the people. Speaking at the NDDC&nbs...

June 14, 2023 No Responses

Nigerian Restore Immigration Documents of Seplat Energy CEO, Roger Brown

Seplat Energy has announced that the Ministry of Interior and the Nigeria Immigration Service (NIS) have restored the Working Permit, Combined Expatriate Residence Permit and Aliens Card (CERPAC) and other Visas for the entry or stay in Nigeria of th...