City BusinessNews – Page 233 – City Business News

April 27, 2022 No Responses

Delta Seeks N150b Credit Facility From Zenith Bank, Others

The Delta House of Assembly has approved a request by Governor Ifeanyi Okowa for a bridging finance facility of N150 billion in favour of the state government. The governor’s request is contained in a letter which was read at plenary of...

April 27, 2022 No Responses

Eid-el Fitr: FRSC Deploys 25,224 Personnel Nationwide

The Federal Road Safety Corps (FRSC) said it had deployed 25,224 personnel across the country for the Sallah celebrations. The Corps Marshal, FRSC, Dr Boboye Oyeyemi, said this on Tuesday in Abuja, at the beginning of the Eid-el Fitr motor...

April 27, 2022 No Responses

AIB-N Releases Four Preliminary Reports

The Accident Investigation Bureau, Nigeria (AIB-N), has released four preliminary reports on serious incidents and accidents involving aircraft owned and operated by some Nigerian airlines. The airlines included United Nigeria Airlines Limited, Max Air, Air ...

April 27, 2022 No Responses

First Bank Photo News

L-R: Dr Ken Giam, Chairman African Leadership Magazine; Rosalyn Henderson Myers, Representative for South Carolina House of Representatives USA; Dr. Adesola Adeduntan, CEO, FirstBank; Judge Carlos Moore, President National Bar Association for the Advancement o...

April 27, 2022 No Responses

Lagos4Lagos Chairman Returns To APC As Party Readmits Defectors

The All Progressives Congress (APC) on Tuesday welcomed Mr Sunday Ajayi, the Chairman of Lagos4Lagos Movement, and Mr Segun Aka-Basorun, former Vice Chairman of Kosofe Local Government, back to its fold. The News Agency of Nigeria (NAN) recalls that the...

April 25, 2022 No Responses

Ondo Chocolate Firm Targets $1m Revenue

Sunshine Chocolate Factory, Alade Idanre, Ondo State, producers of Idan Premium chocolate bars, is to generate $1milion revenue yearly when it enters the chocolate market fully. The company had announced plans to hit European market...

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 Petrol...

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 ...