Tag: City BusinessNews

Onyeka Onwenu Dies At 72
July 31, 2024 No Responses

Onyeka Onwenu Dies At 72

Foremost Nigerian singer and actress, Onyeka Onwenu has reportedly died at the age of 72. She was said to have died on Tuesday night at the Reddington Hospital in Lagos after slumping at the birthday party of Mrs Stella Okoli....
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TotalEnergies Exits Offshore Blocks 11B/12B, 5/6/7
July 30, 2024 No Responses

TotalEnergies Exits Offshore Blocks 11B/12B, 5/6/7

TotalEnergies has announced its withdrawal from Block 11B/12B, off the Southern coast of South Africa, in which its affiliate TotalEnergies EP South Africa holds a 45% interest. TotalEnergies entered into Block 11B/12B in 2013 and made two gas discoveries, Bru...
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Access Bank Revamps QuickBucks, Disburses N740b Digital Loans in Seven Years
July 30, 2024 No Responses

Access Bank Revamps QuickBucks, Disburses N740b Digital Loans in Seven Years

Access Bank has revamped its digital loan platform ’QuickBucks’, to boost lending across Nigerian consumers.The bank said customers can access the bank’s digital loans for businesses, vehicle financing, school fees payment, among others. QuickBucks Loans...
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Obaseki Flags Off Distribution of 56,000 Bags of Rice
July 29, 2024 No Responses

Obaseki Flags Off Distribution of 56,000 Bags of Rice

The Edo State Governor, Mr. Godwin Obaseki, at the weekend, flagged off the second phase of the Christian Feeding Programme (CFP) with the distribution of 56,250 bags of 10kg rice across the State as part of efforts to alleviate suffering...
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Shippers’ Council, NNPCL To Strengthen Partnership
July 28, 2024 No Responses

Shippers’ Council, NNPCL To Strengthen Partnership

Executive Secretary/ Chief Executive Officer, Nigerian Shippers Council (NSC), Barrister Pius Akutah, recently, led the management team to the Nigerian National Petroleum Corporation Limited (NNPCL) Towers in Abuja in a bid to enter strategic collaboration.Dur...
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Nigeria Fortifies Security At Borders
July 28, 2024 No Responses

Nigeria Fortifies Security At Borders

The Nigerian Government has ordered tightened security at the country’s border owing to the planned nationwide protest over the prevalent economic hardship in the country.  In a statement, the spokesman of the Nigeria Immigration Service (NIS) KT U...
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CBN Allocates Another $148m To Authorised Dealers
July 28, 2024 No Responses

CBN Allocates Another $148m To Authorised Dealers

The Central Bank of Nigeria has sold a cumulative amount of $148m to authorised dealers in the Nigerian Foreign Exchange Market (NFEM), to provide liquidity to the foreign exchange market. Acting Director of the Corporate Communications Department, Hakama Ali,...
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Lagos Postpones E-Call Up System For Lekki-Epe Corridor
July 27, 2024 No Responses

Lagos Postpones E-Call Up System For Lekki-Epe Corridor

The E-Call Up system on Lekki-Epe corridor, earlier scheduled to commence August 1, 2024, has been postponed by the lagos state government. The state government on Friday attributed the development to “stakeholders’ request to extend the timeliness to ...
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Reps Pass Shipping, Port Economic Regulatory Agency Bill
July 27, 2024 No Responses

Reps Pass Shipping, Port Economic Regulatory Agency Bill

The House of Representatives has passed the Nigerian Shipping and Port Economic Regulatory Agency Bill.  The Executive Secretary, Nigerian Shippers Council (NSC) Pius Akutah disclosed te development on Friday.Declaring the 2024 Operational Retreat or...
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National Assembly Moves To Strengthen NIMC Act
July 27, 2024 No Responses

National Assembly Moves To Strengthen NIMC Act

The National Assembly, as part of the moves to strengthen the regulatory function of the National Identity Management Commission, has embarked on repealing and enacting the NIMC Act No. 23.  The NIMC Bill represents a significant legislative endeavour to ...
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Discovery Celebrates 35th Anniversary With Powerful New Engine
July 26, 2024 No Responses

Discovery Celebrates 35th Anniversary With Powerful New Engine

This year, Discovery celebrates 35 years of ingenious versatility with a new special edition version of its luxurious full-size seven-seat Sports Utility Vehicle (SUV).Discovery remains an exceptional family SUV that’s been setting the standard for versatili...
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Luxury Bus Owners Dissociate From Nationwide Protests
July 26, 2024 No Responses

Luxury Bus Owners Dissociate From Nationwide Protests

Long-distance road transport owners and operators whose buses ply various routes across Nigeria have dissociated themselves from the ‘Days of Rage’ nationwide protests planned to commence on Thursday, August 1, 2024. At a press conference in the Utako area...
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Firm Welcomes New LNG-Powered Carrier
July 26, 2024 No Responses

Firm Welcomes New LNG-Powered Carrier

German shipping group, Hartmann has taken delivery of a new Liquid Ethylene Gas (LEG) carrier powered by Liquefied Natural Gas (LNG) from Chinese shipbuilding company Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE). The ship is scheduled to use ...
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Shettima, Sanwo-Olu, Others Harp On Collaboration For Effective Development
July 26, 2024 No Responses

Shettima, Sanwo-Olu, Others Harp On Collaboration For Effective Development

The Vice President of Nigeria, Senator Kasim Shettima and Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu have emphasised the importance of partnership, innovative thinking, and effective policies for shaping a new blueprint for sustainable development an...
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