City BusinessNews Archives — Page 21 of 370

August 18, 2024 No Responses

TotalEnergies Starts Production From Anchor Field

TotalEnergies has announced the start of production from the Anchor field, located in the US Gulf of Mexico, in which the Company has a 37.14% interest alongside operator Chevron (62.86%). Located 225 kilometers off the Louisiana coast, Anchor, which development...

August 18, 2024 No Responses

NDDC Boss: Fiscal Responsibility, Imperative For Public Servants

The Managing Director, Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has stressed the need for public servants entrusted with the stewardship of public resources to demonstrate fiscal responsibility both in their professional capacities and perso...

August 17, 2024 No Responses

NCDMB, NLNG Commission Galvanizing Plant For Train 7 Project

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineering Nigeria Limited, one of the engineering, procurem...

August 17, 2024 No Responses

Coscharis, Renault Affirm Commitment To Auto Assembly In Nigeria

Renault has reaffirmed support for vehicle assembly operations in Nigeria in partnership with Coscharis Motors Assembly Limited. Laurent Ton-That, Area Operation Manager for Sub-Saharan Africa & Indian Ocean Islands, reiterated the support recently d...

August 17, 2024 No Responses

FG, States, LGAs Share N1.358trilion In July

For the Month of July, 2024, N1.3 trillion has been disbursed to the Federal , State and Local Government Areas. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. A...

August 17, 2024 No Responses

Ondo Begins Payment Of N3.2b Gratuity To Retirees

Ondo State Governor, Lucky Aiyedatiwa, has flagged off the third batch of payment of a sum of N3.2 billion backlog of gratuities to retirees in the state. The payment is made up of N2.2 billion in gratuities to state civil...

August 16, 2024 No Responses

NPA Appoints New Port Managers For Apapa, Tin Can, Others

The Nigerian Ports Authority (NPA) has appointed new port managers as part for measures to enhance efficiency.The appointment, according to NPA takes immediate effect.A memo dated August 14, 2024 signed by the NPA Managing Director, Dr. Abubakar Dantsoho, expl...

August 16, 2024 No Responses

Nigeria Confirms 39 Cases Of Monkey Pox

The Nigeria Centre for Disease Control (NCDC) has confirmed 39 cases of monkeypox across 33 states and the Federal Capital Territory. Director General of the NCDC, Dr Jide Idris, disclosed the development on Thursday at a press briefing on the declaration of...

August 16, 2024 No Responses

‘Cartel Behind Nigeria’s Payment Of War Risk Premium’

The persistent war risk premium imposed on vessels operating in Nigerian waters is influenced by a cartel within the international insurance sector, the Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola, has ...

August 15, 2024 No Responses

NCDMB Boss At BEAMCO, Lauds NLNG, Train-7 Project

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday visited the facilities of BEAMCO Nigeria Limited in Lagos and commended the oil and gas service firm for the giant strides it recorded in....

August 15, 2024 No Responses

ACCESS Holdings Plc Extends Rights Issues Acceptance To August 24

Following the approval of the Securities & Exchange Commission (SEC), Access Holdings Plc has extended the acceptance period for its ongoing Rights Issue to August 23, 2024. It was initially scheduled to close on August 14, 2024. A statement signed...

August 15, 2024 No Responses

Lagos To Crackdown On Vandals Of BRT Buses

The Lagos State Government has vowed to crack down and bring the full weight of the law on criminal elements who are fond of attacking and vandalising BRT buses in the state. Mr. Idowu Oguntona, the Managing Director/CEO of Lagos...

August 15, 2024 No Responses

New Hyundai STARIA MPV Debuts In Nigeria

Hyundai Nigeria Limited has introduced the 2024 Hyundai STARIA into the Nigerian market.Regarded as the world’s safest Multi Purpose Vehicles (MPVs), the exceptionally comfortable and versatile STARIA is now available in all Hyundai dealership showrooms ...

August 14, 2024 No Responses

Obaseki Signs ₦450b Revised Supplementary Budget Into Law

Edo State Governor, Godwin Obaseki, on Tuesday, signed into law a revised supplementary budget of ₦450 billion. Obaseki, who signed the revised supplementary budget at the Exco Chamber, at the Government House, Benin City, said the government is appropriatin...