City BusinessNews – Page 268 – City Business News

March 13, 2023 No Responses

Edo Refinery Orders 150,000 Barrels Of Crude

The Edo Refinery has placed an order for the supply of 150,000 barrels of crude from Decklar Resources Inc and Millennium Oil and Gas Company. The refinery was developed by the Edo Refinery and Petrochemical Company Limited (ERPC) with support from Edo State Government...

March 12, 2023 No Responses

Farmers Task Tinubu On Mechanisation, Foreign Investments

Stakeholders in the agricultural space have urged the President-elect, Sen. Bola Tinubu, to adopt policies and invest in mechanisation and inputs that will boost the nation’s food system. They said this in separate interviews with the News Agency ...

March 11, 2023 No Responses

ABC Transport Renews Commitment At 30

Foremost transport firm, ABC Transport Plc, has renewed its commitment to provide safe and comfortable services for clients. City Business report that ABC Transport has been providing safe, comfortable and reliable transportation and logistics&n...

March 11, 2023 No Responses

Naira Ends Week On Negative Note

The Naira on Friday lost to the dollar as it exchanged at N461.50 at the Investors’ and Exporters’ window. The rate represented a decrease of 0.11 per cent, compared to the N461 for which it exchanged to the dollar on...

March 11, 2023 No Responses

Seplat Energy CEO Steps Aside

The Chief Executive Officer, Seplat Energy Plc, Mr Roger Brown, has stepped aside from running the company for a period of seven days. The company said in a corporate disclosure made available to Nigerian Exchange Ltd.,(NGX) and signed by its...

March 10, 2023 No Responses

FG Urges States To Prioritise Water Safety Plans

The Federal Ministry of Water Resources has urged State Governments to prioritise water safety plans at all times, so as to reduce contamination from point of production to consumption. Mrs Abosede Orimoloye, Assistant Director, Water, Sanitation and Hygiene C...

March 10, 2023 No Responses

Kia Niro, EV6 GT Make Top Three Finalists In World Car Awards

Two Kia models have been selected as a top three finalist in two categories for the 2023 World Car Awards. A statement sent to City Business News explained that the Kia Niro has earned a position among the top three...

March 9, 2023 No Responses

Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement has received approval of the Securities and Exchange Commission (SEC) for the establishment of a new share buy-back programme. The company said in a Corporate Disclosure to the Nigerian Exchange Ltd. (NGX) on Wednesday that the programme w...

March 8, 2023 No Responses

Edo Trains Smallholder Oil Palm Farmers

Investors in oil palm estate farming in Edo State have engaged communities in the state on practices to ensure sustainable oil palm production under the Community Outreach and Engagement Programme (COEP). The Managing Consultant and Chief Executive Officer of ...

March 8, 2023 No Responses

Businessman Jailed Over Forged N100m Fidelity Bank draft

An Ikeja Special Offences Court on Tuesday sentenced a businessman, Ernest Uduebor, for possession of forged Fidelity bank draft of N100 million. Justice Ramon Oshodi sentenced Uduebor to one-year imprisonment following his guilty plea to the amended one-coun...

March 8, 2023 No Responses

MSC: We Are Willing, Ready To Adopt Alternative Fuels

World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, has said. Abbate said the com...

March 7, 2023 No Responses

NNPC Replaces Eroton As Operator Of OML 18

The management of Nigerian National Petroleum Company (NNPC) Limited has replaced Eroton Exploration and Production Limited as the new operator of oil mining lease (OML) 18. The Chief Corporate Communications Officer, NNPC Ltd, Mr Garbadeen Muhammad,...

March 7, 2023 No Responses

FirstBank Appoints Seyi Oyefeso as Executive Director

FirstBank of Nigeria Ltd., has appointed Mr Oluseyi Oyefeso as Executive Director, Retail Banking in charged of the South. In a statement on Monday in Lagos, the bank said his appointment, which took effect on March 2, 2023, was subject...

March 7, 2023 No Responses

Naira Exchanges N461.33 To Dollar At Investors, Exporters Window

Naira on Monday exchanged at N461.33 to a dollar at the Investors and Exporters window. The rate represented an increase of 0.09 per cent, compared to the N461.75 for which it exchanged to the dollar before the close of business...