Business Archives — City Business News

May 29, 2023 No Responses

Oil Theft: Nigeria Releases Seized Norwegian Oil Tanker

The Nigerian Navy on Sunday returned a Norwegian-registered vessel, MT Heroic Idun, caught attempting to steal Nigeria’s crude oil in August 2022. The navy arrested the oil tanker and its 26 Indian, Pilipino, Sri Lankan and Polish nationals in August...

May 28, 2023 No Responses

BUHARI’s FAREWELL SPEECH

My fellow Nigerian brothers, sisters and friends of Nigeria… I address you today, in my last assignment as a democratically elected President of our great and well-endowed nation, with a deep sense of gratitude to God, a great deal of...

May 28, 2023 No Responses

Wesley Girls To Represent Nigeria At Stockholm Junior Water Prize Competition

The Wesley Girls Senior Secondary School, Yaba, which falls under Education District IV of Lagos State, will be representing Nigeria at the 2023 Stockholm Junior Water Prize (SJWP) competition in Sweden.The competition brings together the world’s brighte...

May 28, 2023 No Responses

MINISTER COMMISSIONS NIMASA SKILL ACQUISITION CENTRE, TWIN LECTURE THEATRE IN KADUNA.

The outgoing Minister of Transportation, Engineer Mu’azu Jaji Sambo weekend commissioned the Nigerian Maritime Administration and Safety Agency, NIMASA skill acquisition centre in Zaria Kaduna State and a twin lecture theater donated by the Agency to Kaduna ...

May 28, 2023 No Responses

Otedola‘s Tribute To Otunba Subomi Balogun

Otunba Michael Olasubomi Balogun (CON) was a father figure to me, based on his longstanding friendship with my late dad, Sir Michael Otedola, and also his supportive disposition to entrepreneurs who are sincere and committed.At the height of the global finan...

May 28, 2023 No Responses

ExxonMobil, Hapag-Lloyd Seal Biofuel Supply Deal

ExxonMobil has signed an agreement to supply German liner major Hapag-Lloyd with B30 marine biofuel oil in the Amsterdam-Rotterdam-Antwerp (ARA) region. Biofuel is an important part of Hapag-Lloyd’s sustainability journey as biofuel blends can give a meaning...

May 28, 2023 No Responses

Niger Delta Science School Wins 2023 NLNG Science Quiz Competition

The annual Nigeria LNG Limited (NLNG)-sponsored science quiz competition in Rivers State ended on Saturday, 27th May 2023 with Niger Delta Science School, Rumuola, Port Harcourt emerging as the winner in the senior secondary school S.S. 2 category. ...

May 28, 2023 No Responses

Brazil, Costa Rica Join International Transport Forum

Brazil and Costa Rica have joined the International Transport Forum (ITF) as the organisation’s 65th and 66th member countries. The ITF’s highest statutory body, the Council of Ministers of Transport, voted to admit both Latin American nations on...

May 28, 2023 No Responses

Kaduna, SAA FLAG OFF N100M FARM INPUTS DISTRIBUTION

The Kano State Agropastoral Project (KSADP) and Sasakawa Africa Association (SAA) on Saturday commenced the distribution of farm inputs to farmers across the 44 Local Governments Areas of the state as part of efforts to increase yield per ha, create...

May 27, 2023 No Responses

British Airways Cancels More Flights

British Airways on Friday cancelled more than 175 flights as the fallout from an IT failure entered its second day. BBC reports that most of the cancellations are for European and domestic flights, but there have also been delays to...

May 27, 2023 No Responses

Photo News

L-R: Senior Country Manager, International Finance Corporation, Kalim Shah; Senior Manager, Participant Engagement and Programmes, United Nations Global Compact, Tumi Onamade; Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola; Chief Human ...

May 27, 2023 No Responses

World’s Largest Ship Arrives Port Of Rotterdam, Sail For UK May 28

The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week. World Maritime News report that this remarkable ship has captivated onlookers and left them in awe as it arrived on...

May 26, 2023 No Responses

Allotments For FGN Savings Bonds Hit N5.06b

FGN Savings Bonds has risen to N5.06 billion in the first five months of 2023, the Nigerian Exchange Limited (NGX) has revealed. The Divisional Head, Capital Markets at NGX, Jude Chiemeka, made this known during the NGX Savings Bond webinar...

May 26, 2023 No Responses

British Airways Cancels 43 Flights

British Airways (BA) has apologised for cancelling dozens of flights at London Heathrow on Thursday over IT issues. The airline said it is fixing “technical problems” causing difficulties with online check-in, delaying flights. Forty-three flights,...