City BusinessNews Archives — Page 105 of 371

September 8, 2023 No Responses

Shell, Firms Unveil New Hybrid Electric LNG Carrier Design

Shell Shipping and Maritime, CSSC Hudong-Zhonghua Shipbuilding and Wärtsilä Marine have launched a new hybrid electric liquified natural gas (LNG) carrier design. Unveiled at this week’s Gastech 2023 in Singapore, the project is a result of a broad industry collaboration...

September 8, 2023 No Responses

STOAN Increases Dockworkers Wages By 2000 Per Cent In 17 Years

The Seaport Terminal Operators Association of Nigeria (STOAN), on Thursday, disclosed that Dockworkers who work at the ports have had their take-home increased by 2000 percent since the Federal Government introduced the port reform in 2006. The Chairman of STO...

September 8, 2023 No Responses

Shippers Council Hosts Minister, Harps On Revamp Of National Carrier

The Nigerian Shipper’s Council (NSC) has advised the Federal Government to intervene and resuscitate a national carrier status for the country as part of measures to boost the shipping development and revenue profile of the nation. The Executive Secretary of...

September 7, 2023 No Responses

Ten Countries,500 Firms For Abuja 2023 Trade Fair

Over 10 countries and 500 companies have indicated interest in participating at the 2023 Abuja International Trade Fair, the Abuja Chamber of Commerce and Industry has disclosed. Addressing Journalists on Wednesday, ACCI President, Dr. Al-Mujtaba Abubakar, w...

September 7, 2023 No Responses

Fidelity Bank Declares N8b Interim Dividend

For the half year ended June 2023, Fidelity Bank Plc has declared an interim dividend of N8 billion, representing N0.25 per share In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an...

September 6, 2023 No Responses

NAAPE To AMCON: Don’t Let Arik Air Die

The National Association of Aircraft Pilots and Engineers (NAAPE) led by Engineer Mudi Muhammad on Tuesday urged the Asset Management Corporation of Nigeria (AMCON) to continue the execution of its interventionist strategy that would ensure the survival of Ari...

September 6, 2023 No Responses

Safety, Security, Unregulated Fishing, Others Top Oyetola’s Agenda

The Minister of the Marine and Blue Economy, His Excellency Adegboyega Oyetola, has stated that tackling illegal, unreported and unregulated (IUU) fishing, harnessing marine tourism, safety and security are top of the agenda of his administration as Minister o...

September 6, 2023 No Responses

SCAN Hosts Dockworkers’ Day In Lagos

All is now set for celebration of the unsung heroes of the Nigerian port operations and by extension the entire economy as the Shipping Correspondents Association of Nigeria (SCAN) hosts a maiden Dockworkers’ Day. With the Nigerian economy predominantly ...

September 5, 2023 No Responses

NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

The Nigerian Exchange Limited (NGX) has achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 20...

September 5, 2023 No Responses

Oyetola Inspects Facilities At Apapa, Tin Can Ports

The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Monday, declared that he was in a hurry to make impact in the ministry.The Minister also solicited the support of the management and staff of the Nigerian Ports Authority (NPA),...

September 5, 2023 No Responses

Oyetola At PCHS Terminal, Assures of Support

The Minister of Marine & Blue Economy, Gboyega Oyetola, on Monday, visited Ports & Cargo Handling Services Limited, operator of Terminal C, Tin Can Island and subsidiary of SIFAX Group. He was received by the management of the terminal led...

September 5, 2023 No Responses

Qatar Airways Cargo Launches SecureLift

Qatar Airways Cargo on Monday announced the launch of its special product SecureLift under its VISION 2027 and Next Generation strategy. A statement explained that SecureLift marks a significant milestone for Qatar Airways Cargo, as it allocates dedicated reso...

September 4, 2023 No Responses

Nigeria Issues Illegal Miners 30-Day Ultimatum

The Federal Government of Nigeria has issued a 30-day ultimatum to illegal miners to desist from such activities in the country. Speaking during a press conference in Abuja on Sunday, the Minister of Solid Minerals Development, Dele Alake, explained that...

September 4, 2023 No Responses

Sanwo-Olu Flags Off Food Palliatives, Targets 500,000 Vulnerable Households

THE Governor of Lagos State, Mr Babajide Sanwo-Olu, on Sunday flagged off the distribution of food items for 500,000 vulnerable households in the state to cushion the effect of fuel subsidy removal. Speaking during the exercise at the Lagos State...