Business – Page 329 – City Business News

October 7, 2022 No Responses

NGX Group Appoints Umaru Kwairanga New Chairman

The Board of the Nigerian Exchange Group (NGX Group) has appointed Dr Umaru Kwairanga as its new Chairman. The group, in a statement on Thursday in Lagos, said that Kwairanga’s appointment was approved at a meeting on Wednesday. Prior to...

October 6, 2022 No Responses

Employment Clinic Implores Maritime Operators On One Million Jobs Offer

To reduce unemployment in Nigeria, an advocacy group, Employment Clinic on Tuesday organised a stakeholders meeting where government agencies and private investors operating in the nations maritime industry brainstormed with thousands of unemployed youths to s...

October 5, 2022 No Responses

LNG: TotalEnergies Targets Top Position, Tô Expand Bunker Services

French energy giant, TotalEnergies is ramping up investments in Liquefied Natural Gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition....

October 5, 2022 No Responses

Access Bank To Acquire Majority Stake In Angolan-Based Finibanco

Access Holdings Plc, trading as Access Corporation, has announced its planned acquisition of a majority equity stake in Angolan-based Finibanco S.A by Access Bank Plc. The Company’s Secretary, Mr Sunday Ekwochi, in a statement on Tuesday explained tha...

October 5, 2022 No Responses

Ecobank Celebrate Customers’ Loyalty, Assures Of Sustained Excellent Service Delivery

The Managing Director, Ecobank Nigeria, Bolaji Lawal has lauded the bank’s customers over their continued patronage and dedication to the brand, assuring that the bank will continue to meet and surpass their expectations with product offerings...

October 5, 2022 No Responses

ExxonMobil, Tata NYK Shipping Complete Biofuel Bunkering Operation

American oil and gas corporation ExxonMobil has completed a commercial bio-based marine fuel oil bunkering in the port of Singapore. On 26 September, Singapore-based Tata NYK Shipping, a joint venture of Tata Steel and NYK Line, deployed its Sagar series...

October 4, 2022 No Responses

Nigeria Re-Elected As ITU Council Member

Nigeria has been re-elected as a Council member of the International Telecommunication Union (ITU), the United Nations specialised agency that oversees global telecommunication operations. A statement signed by Reuben Muoka, NCC Director, Publ...

October 4, 2022 No Responses

Minister Lauds NIMASA’s Capacity Development Initiatives

The Minister of Transportation, Engr. Mu’azu Jaji Sambo has commended the Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) for its capacity development initiative in the Nigerian maritime sector. He further applauded the Agency f...

October 4, 2022 No Responses

Govt, Stakeholders Explain Agenda For One Million Jobs In Maritime Sector

Determined to reduce unemployment in the country, industry stakeholders and top government officials will on Tuesday meet to discuss how to create one million jobs in the maritime sector for youths within one year. The event, being initiated by the...

October 3, 2022 No Responses

Farmer Decries High Cost Of Fish Feeds

An Akure-based fish farmer, Mr Lanre Adekunle, has lamented the high cost of fish feeds. Adekunle started his fish farm after benefitting from a training and empowerment programme of the International Fund for Agricultural Development (IFAD)/ Livelihood ...

October 2, 2022 No Responses

Berger Paints Appoints Alaba Fagun As MD

Berger Paints Nigeria Plc has appointed Mrs Alaba Fagun as its Managing Director, with effect from October 4, 2022. In a statement on Saturday, the Company’s Secretary, Mr Ayokunle Ayoko, explained that Fagun replaced Mr Adeyemi Adetomiwa, wh...

October 2, 2022 No Responses

MISC, ExxonMobil Unit, Strengthen LNG Carrier Deal

MISC Berhad (MISC), owner and operator of Liquefied Natural Gas (LNG) carriers, has strengthened its partnership with ExxonMobil’s unit SeaRiver Maritime with new long-term time charter contracts. Meanwhile, MISC has also signed an agreement with ...

October 2, 2022 No Responses

Photo Caption

R-L: Minister of Transportation, Mu’azu Jaji Sambo, Minister of State for Transportation, Mr. Ademola Adewole Adegoroye and Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko during Sambo’s familiarisation tour of NPA at the ...

October 2, 2022 No Responses

NNPC Acquires OVH Energy Marketing Assets

The Nigerian National Petroleum Company Limited (NNPC LTD.) has completed the acquisition of OVH Energy Marketing Limited (OVHEM) downstream assets under an Accelerated Network Expansion (ANEX) Initiative. Unveiling the acquisition on Saturday in Abuja, Sen. M...