Business – Page 358 – City Business News

May 20, 2022 No Responses

NADDC Begins Automotive Financing Talks With CBN

The National Automotive Design and Development Council (NADDC)has commenced discussions with the Central Bank of Nigeria (CBN) to design workable solutions for automotive financing to make auto purchase affordable for Nigerians, Jelani Aliyu, the Director-General of NADDC has disclosed. Aliyu...

May 20, 2022 No Responses

FG Tasks States On Inland Water Transportation

Federal Ministry of Transportation on Thursday charged states across the nation to key into developments of inland water transportation. Dr. Ajani Magdalene Nwanwuche, the Permanent Secretary, Federal Ministry of Transportation, gave the charge at the 9t...

May 20, 2022 No Responses

Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others

The Edo State Governor, Mr. Godwin Obaseki, has said the development of the Benin River Port will guarantee the diversification of the nation’s economy from oil into the non-oil sector such as agriculture and agro-allied businesses, placing the country on...

May 20, 2022 No Responses

Seplat Energy Appoints Basil Omiyi Non-Executive Chairman

Seplat Energy PLC, a leading Nigerian energy company dual listed on both the Nigerian and the London Stock Exchanges has appointed Mr. Basil Omiyi, CON, the Company’s new Independent Non-Executive Chairman. A statement expained that his ...

May 19, 2022 No Responses

Seplat Post $177m Pre-Tax Profit For 2021

Seplat Energy Plc has recorded a pre-tax profit of $177million for the year ended December 2021, amounting to 321 per cent higher than the $80 million recorded by the company, which is listed on the Nigerian Exchange and the London...

May 19, 2022 No Responses

NIWA Targets Two Million Container Movements Through Inland Waterways

The National Inland Waterways Authority (NIWA) on Wednesday projected the movement of no less than two million containers through the Nigerian inland waterways annually by 2025. The Managing Director of NIWA, Dr George Moghalu, said this while...

May 19, 2022 No Responses

Ministry Implores Maritime Women Practitioners On Collaboration

Dr Magdalene Ajani, the Permanent Secretary, Federal Ministry of Transportation, on Wednesday urged maritime women practitioners on the need for collaboration to achieve maritime safety, security and build capacity. Ajani made the call at the Women’s Interna...

May 18, 2022 No Responses

Sylva Lauds Seplat On Exxon Mobil Shares Acquisition

Minister of State, Petroleum Resources, Chief Timipre Sylva has commended Seplat Energy Plc on its recent acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil Corporation, Delaware, United States of America.&...

May 18, 2022 No Responses

Photo News

L-R: Managing Director, Strategy Equiti Group Ltd Mr Gaurang Desai, Global Head Legal and Compliance, Equiti Group Ltd Mr Mario Camara, Director General Securities and Exchange Commission Mr Lamido Yuguda and CEO Equiti Group Ltd Mr Mohamed A...

May 17, 2022 No Responses

FMBN Disburses N394.6b To Beneficiaries

The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N394.575 billion to beneficiaries from 1992 to 2022. The Group Head, Corporate Communications (FMBN), Mr Lawal Sauri disclosed this in an interview with the News Agency of Nigeria (NAN) on Monday....

May 17, 2022 No Responses

Saraki To Chair Lagos Transport Conference, Exhibition

The Minister of State for Transportation, Mrs Gbemisola Saraki, is to chair the Lagos State National Transport Technology Conference and Exhibition (NTTCE), aimed at integrating all means of transportation into greenhouse energy. Speaking at an interactive ses...

May 16, 2022 No Responses

Lagos Begins Rehabilitation Of Sex Offenders

Lagos State Government has commenced provision of psychological support for willing sex offenders in a bid to curb sexual and gender-based violence. Mrs Titilola Vivour-Adeniyi, Executive Secretary of Lagos State Domestic and Sexual Violence Agency (DSVA), mad...

May 16, 2022 No Responses

NPA Boss: Automation Backbone Of Port Efficiency

The Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, at the weekend identified automation as the backbone of ports efficiency. Bello-Koko who said this at a media chat with maritime journalists in Lagos noted that modern ports w...

May 15, 2022 No Responses

FishNet Faults Proposed Release Of Genetically Improved Tilapia

FishNet Alliance, a network of fishers in several African countries, at the weekend cautioned against planned introduction of Genetically Improved Tilapia fish into Nigeria. The coalition stated that the ‘artificial’ variety, if allowed in...