Tag: Business

NNPC Settles PENGASSAN-Total Energies Rift, Restores Production of 275,000bopd
November 13, 2023 No Responses

NNPC Settles PENGASSAN-Total Energies Rift, Restores Production of 275,000bopd

Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum...
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Cyber-Attack Disrupts Port Operations
November 13, 2023 No Responses

Cyber-Attack Disrupts Port Operations

Australia’s largest ports operator is set to keep its sites closed for days as it recovers from a cyber-attack, according to government officials. Operations at its container terminals in Melbourne, Sydney, Brisbane and Perth have been suspended since Fr...
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Firm Boosts Fleet With New LNG-Powered PCTC
November 12, 2023 No Responses

Firm Boosts Fleet With New LNG-Powered PCTC

Japanese shipping company, Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard, the 77,644 GT vessel...
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Saudi Arabia Opens Doors To African Investors
November 12, 2023 No Responses

Saudi Arabia Opens Doors To African Investors

The Kingdom of Saudi Arabia is opening its doors to African investors and companies to benefit from the huge investment opportunities provided by the Kingdom’s Vision 2030 mega projects, a resolution from the Saudi-Africa Summit, indicates. The Kingdom, whil...
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Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery
November 11, 2023 No Responses

Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery

The government of Saudi Arabia has promised to support the reforms being implemented by the Central Bank of Nigeria and also revamp Nigeria’s existing refineries through its state-owned oil company, Aramco during a bilateral engagement between President Tinu...
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15th Anniversary: Dana Air Rewards Customers With Free, Discounted Tickets 
November 11, 2023 No Responses

15th Anniversary: Dana Air Rewards Customers With Free, Discounted Tickets 

Multiple awarding-winning airline, Dana Air has announced it is celebrating its 15th anniversary with discounts to reward customers and an award as CSR airline of the year 2023. The Airline’s Chief Operating Officer,  Ememobong Ettete in a lett...
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Corporate Governance: NCDMB Counsels Heritage Energy, Indigenous Firms On NC Compliance
November 11, 2023 No Responses

Corporate Governance: NCDMB Counsels Heritage Energy, Indigenous Firms On NC Compliance

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies ...
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NAJA Holds 2023 Auto Awards Dec 14
November 11, 2023 No Responses

NAJA Holds 2023 Auto Awards Dec 14

The Nigeria Auto Journalists Association (NAJA) has announced Thursday, December 14, 2023 for this year’s NAJA Auto Awards to be held at the prestigious Oriental Hotel, Victoria Island, Lagos.  The NAJA auto awards annually celebrate the best player...
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Air Peace Begins Transit Flights Via Lagos Airport
November 11, 2023 No Responses

Air Peace Begins Transit Flights Via Lagos Airport

Nigeria’s leading airline, Air Peace, has commenced transit flights through the Murtala Muhammed International Airport Lagos to various regional and international cities, a news release issued by the airline on Friday, November 11, has revealed.The relea...
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Osun Budgets N273.9b For 2024
November 10, 2023 No Responses

Osun Budgets N273.9b For 2024

Osun State governor, Ademola Adeleke on Thursday, presented N273.9 billion 2024 Appropriation bill to the state House of Assembly.  The Governor explained that the “Budget of Reconstruction and Recovery” is divided into a Recurrent Expenditu...
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Coscharis Unveils All-New Ford Territory
November 10, 2023 No Responses

Coscharis Unveils All-New Ford Territory

Foremost auto firm, Coscharis Motors has unveiled an all-new Ford Territory, a midsize sport utility vehicle (SUV) to the Nigerian market. Unveiling the new product, Deputy Group Managing Director, Coscharis Group, Mr Fred Amobi, explained that the all-new For...
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Muda Yusuf: We Need To Boost Confidence To Achieve Stability
November 10, 2023 No Responses

Muda Yusuf: We Need To Boost Confidence To Achieve Stability

PAPER PRESENTED BY DR MUDA YUSUF AT THE CITY BUSINESS NEWS SUMMIT 2023 HELD ON 8TH NOVEMBER 2023 AT ORIENTAL HOTEL LAGOS Chairman of this occasion Barrister Hassan Bello Lead Consultant, Justicia Consults Former Chief Executive Officer Nigeria Shippers Co...
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Russia-Ukraine Crisis Takes Toll On Nigeria’s Crude
November 9, 2023 No Responses

Russia-Ukraine Crisis Takes Toll On Nigeria’s Crude

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-depend...
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Photo News
November 9, 2023 No Responses

Photo News

L-R: Relationship Manager, Presco Plc, Anthony Uwajeh, Guest Speaker, Immediate past Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf; Special Guest, Chairperson, Women in Logistics and Transport (WiLAT), Pharm. Khadijat If...
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