City BusinessNews Archives — Page 206 of 403

April 22, 2022 No Responses

NNPC, SNEPCo Donates ICT Centre To Petroleum Varsity

The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), on Thursday, inaugurated a state-of-the-art Information and Communication Technology (ICT) Centre at the Federal University of Petroleum Resources, Effurun, in Delta State. A statement sent to...

April 22, 2022 No Responses

Equiano Subsea Cable Lands In Nigeria, To Create 1.6m Jobs

Google and the West India Ocean Cable Company(WIOCC) on Thursday announced the landing of Equiano subsea cable in Lagos. Mrs Juliet Ehimuan Director, West Africa, Google, said at a ceremony to mark the landing of Equiano, that it would create...

April 21, 2022 No Responses

AfDB To Double Africa’s Climate Finance To $25b

The African Development Bank (AfDB) will within the next five years double the climate change finance of Africa to $25 billion Dr Kevin Kariuki, AfDB Vice-President for Power, Energy, Climate and Green Growth, said this at a virtual news conference...

April 21, 2022 No Responses

Sylva: Nigeria Must Evolve Innovative Ways In Oil, Gas Exploration

To be relevant as a major player in the global oil and gas industry, Nigeria must come up with innovative ways of exploiting and exploring its abundant oil and gas. In his opening remarks at the stakeholders’ consultation on draft...

April 20, 2022 No Responses

Nigeria Mulls Bill To Support Young Entrepreneurs In Digital Eco System

The Nigerian Government is considering a bill to support young entrepreneurs, particularly within the Digital Eco System. The Minister of Communications and Digital Economy, Mr Isa Pantami, said this at an interactive session with the leadership of...

April 20, 2022 No Responses

Air Peace Relocates International Flight Operations To New MMIA Terminal 2

Air Peace has relocated all its international flight operations from the old Terminal One to the newly inaugurated Terminal 2 of the Murtala Muhammed International Airport, Lagos. Spokesperson, Mr Stanley Olisa in a statement explained that the airline...

April 20, 2022 No Responses

WACT Lauds NPA, APM Terminals For Berthing Of `MV Lady Jane’

Effective coordination by the Nigerian Ports Authority (NPA) and investment in the terminal by APM Terminals, has made it possible to handle very large container vessels, the West Africa Container Terminal Nigeria (WACT), said on Tuesday In a statement, ...

April 18, 2022 No Responses

Brass LNG: FG Pledges To Complete Project

Minister of State, Petroleum Resources, Chief Timipre Sylva, has pledged commitment to the completion of the stalled Brass Liquefied Natural Gas (BLNG) as the Federal Government seeks new investors to revive the project. Sylva, in a statement ...

April 18, 2022 No Responses

Presco: Sustaining Growth Through Expansion

No doubt, Presco Plc is one of the most fundamental stocks on the Nigerian Exchange Limited (NGX). In its unaudited 2021 financial statement for the period ended December 31, 2021, Presco Plc improved on profitability as the management ex...

April 17, 2022 No Responses

Easter: Consumers Lament High Cost Of Foodstuffs

Some consumers have expressed concern over the continuous hike in prices of foodstuffs and other items in the country. The citizens who spoke in a survey conducted by the News Agency of Nigeria (NAN) in Kpirikpiri and Margaret Umahi International...

April 15, 2022 No Responses

PCN Seals 378 Pharmacies, Patent Stores

The Pharmacists Council of Nigeria, Taraba Chapter has sealed 378 pharmacies and patent medicine stores in the state. The team, under the leadership of Mr Stephen Esumobi, disclosed during a news conference on Friday in Jalingo. Esumobi said ...

April 15, 2022 No Responses

NSML, NDA Sign Maritime Training MoU

NLNG Ship Management Limited (NSML) and Nigerian Defence Academy (NDA) have signed a Memorandum of Understanding (MoU) for the training and delivery of maritime-related courses at the Nigerian Navy Simulation Centre (NNSC) of the NDA. At a signing ceremony at....

April 15, 2022 No Responses

NPA Consolidates Container Vessel Traffic Growth At Onne Port

With the successful berthing of MV LADY JANE, a vessel with length overall of 295 metres and draft of 12 metres at the WACT Terminal in Onne Port Complex, on Thursday, the Nigerian Ports Authority (NPA) has again proven its...

April 14, 2022 No Responses

FEC Approves N1.4b For Power Sector

The Federal Executive Council (FEC) has approved N1.4 billion for the supply of more equipment for the Transmission Company of Nigeria (TCN) to boost electricity supply across the country. The Minister of Power, Mr Abubakar Aliyu, made this known when...