City BusinessNews – Page 298 – City Business News

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 on Sunday by his...

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...

April 14, 2022 No Responses

Nestlé Nigeria Endorses Food Fortification, Supplementation To Combat Nutrient Deficiencies

Nestlé Nigeria has reiterated its commitment to food fortification and supplementation as ways to combat micronutrients deficiencies in Nigerians. The company restated this commitment in addressing nutrients deficiency at its annual Nestlé Media Traini...

April 14, 2022 No Responses

Nissan Unveils Navara Assembly Plant In Ghana

Ghanaian President Nana Addo Danquah Akufo-Addo has commissioned Nissan’s new Navara semi-knockdown assembly plant in Tema, outside Accra. The $9-million facility is the culmination of a process that began in 2018 when Nissan signed a memoran...

April 13, 2022 No Responses

Buhari Orders Release Of 40,000 Tons Of Grains

President Muhammadu Buhari has approved the immediate release of 40,000 metric tons of assorted grains from the Strategic Grains Reserve, to assist less-privileged Nigerians to celebrate the forthcoming Easter and Sallah festivities. The Minister of Agricult...

April 11, 2022 No Responses

NAFDAC Alerts On Recall Of Continental Mills Buttermilk Pancake, Waffle Mix

The National Agency for Food and Drug Administration and Control (NAFDAC) has alerted the general public that Continental Mills is recalling a single lot of Great Value Buttermilk Pancake and Waffle Mix, due to a potential foreign material contamination. ...

April 11, 2022 No Responses

NSML Gets First Sub-Saharan African Terminal Environmental Certification

NLNG Ship Management Limited (NSML), manager of the Nigeria LNG Limited (NLNG) Bonny Terminal, has achieved the terminal’s Ecoport Port Environmental Review System (PERS) certification, making it the first certification of its kind in any port in Sub-Saharan...

April 11, 2022 No Responses

Fidelity Bank Takes Non-Oil Exports Campaign To North Central

Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy. ...

April 9, 2022 No Responses

CBN To Begin Payment Of N65 Rebate To Exporters

The Central Bank of Nigeria (CBN) is to begin payment of N65 rebate to exporters who sold their goods through the importers and exporters (I&E) window, at the end of the first quarter. CBN Governor, Godwin Emefiele, said this shortly...