Business – Page 254 – City Business News

August 23, 2023 No Responses

FG, States Share N966b For July

For the Month of July 2023, the Federation Account Allocation Committee (FAAC), has shared N966.110 billion revenue to the Federal Government, States and Local Government Councils (LGCs). The amount is higher than the N907. 054 billion shared in June, out...

August 23, 2023 No Responses

NCDMB Partners Stoilic Shipping On Sea-Time, GOC Scholarship For 10 Cadets

The Executive Secretary of Nigeria Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has commended the Management of Stoilic Shipping Limited for its commitment to growing indigenous Capacity for the Nigerian maritime sector. Wabote, &...

August 23, 2023 No Responses

Seplat Energy Photo News

L-R: Base Manager, Western Assets, Seplat Energy Plc, Mr. Emmanuel Otokhine; Director, External Affairs & Sustainability, Mrs. Chioma Afe, Seplat Energy; Governor of Edo State, Mr. Godwin Obaseki; Independent Non-Executive Chairman, Seplat Energy, Mr. Basi...

August 23, 2023 No Responses

34 Years After, Obaseki Settles Benefits Of Former Governor, Ambrose Alli

Edo State Governor, Mr. Godwin Obaseki has settled the benefits and gratuity of former Governor, late Professor Ambrose Alli. This is coming 34 years after the demise of Alli. Alli was the first Executive Governor of the former Bendel State...

August 23, 2023 No Responses

Photo News

L-R: Immediate past minister of state Petroleum, Chief Timipre Sylva with the current minister of state Petroleum (oil), Senator Heneiken Lokpobiri, during a courtesy visit to Sylva, on Tuesday at his residence, in Abuja

August 23, 2023 No Responses

Commonwealth Women’s Affairs Ministers Meeting Opens

The Commonwealth Women’s Affairs Ministers Meeting opened on Tuesday in the Bahamas with a call for stronger action on gender equality priorities in the face of intensifying global environmental and economic challenges. Against the backdrop o...

August 22, 2023 No Responses

Farmers Seek Improved Investment In Agriculture

AS economic situation bites harder on Nigerians, some farmers in Gombe have urged the state government to leverage the additional funds received from the Federation Account Allocation Committee (FAAC), to invest in the agriculture. They said such investment wa...

August 22, 2023 No Responses

LNG’s Plant Strike Push-Up Gas Price

The prospect of a possible strike at a Liquefied Natural Gas (LNG) plant in Australia has pushed wholesale gas prices up in Europe. The Offshore Alliance union warned that a strike at the North West Shelf facility could start as...

August 22, 2023 No Responses

NETCO Declares N5.53b Profit For 2022

THE NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has reported a profit before tax of N5.53 billion for the year ended Dec. 31, 2022. The profit represents a 178 per cent...

August 22, 2023 No Responses

Tinubu To New Ministers: You Are Not Regional Or States’ Ministers

President Bola Ahmed Tinubu has urged newly sworn-in Ministers to work for Nigeria and not a particular state, region or ethnic nationality. Tinubu made the declaration on Monday while delivering a speech at the inauguration ceremony of the 45 ministers...

August 22, 2023 No Responses

Ex-NIMASA DG, Dakuku Peterside To Speak At Maritime Conference In Saudi Arabia

Former chairman of the Association of Africa Maritime Administrations (AAMA), Dakuku Peterside, will be speaking at the sustainable maritime industry conference, scheduled for Jeddah, Saudi Arabia, from September 4 – 6. The conference, under the patronage of...

August 22, 2023 No Responses

Oyetola Pledges Safe, Sustainable Marine Economy

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola has pledged to ensure oceans and marine were safe, reliable, and sustainable across the nation. Oyetola made the declaration when he assumed office on Monday in Abuja. According to him, oceans...

August 21, 2023 No Responses

Oil Prices Up As Global Supply Drop

Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high-interest rates. Reuter report that Brent crude climbed 75 cents to $85.55 a barrel...

August 21, 2023 No Responses

Tinubu Appoints Minister For Niger Delta, Redeploys Oyetola To Marine & Blue Economy

President Bola Ahmed Tinubu has approved the redeployment of Abubakar Momoh from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development. In a statement on Sunday, Presidential spokesman, Ajuri Ngelale explained that Tinubu will announ...