City BusinessNews Archives — Page 335 of 368

July 11, 2019 No Responses

NNPC Seeks Adequate Funding of Petroleum Sector

The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to ensure adequate funding of the oil and gas sector to guarantee sustainable revenue flow from the sector. Group Managing Director of the NNPC Mallam Mele Kyari made the appeal...

July 10, 2019 No Responses

Senate Seeks Death Penalty For Rapists

The Nigerian Senate on Tuesday canvassed application of death penalty to rapists as part of measures to curb the crime. Besides resolving on death penalty for offenders, the lawmakers underscored the necessity to review relevant laws as well as open...

July 10, 2019 No Responses

NSE Admits Airtel Africa At N363 Per Share

The Nigerian Stock Exchange (NSE) has announced the Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc. The shares were listed on Tuesday at an offer price of N363 per ordinary share on the Main Board of...

July 10, 2019 No Responses

Nigeria Explains Dispute With Switzerland Over Detained Ship

The Federal Government says it has successfully defended its rights in the dispute between the country and Switzerland in an International Tribunal for the Law of the Sea (ITLOS). Adetayo Apata, the Solicitor General of the Federation (SGF) and Permanent...

July 10, 2019 No Responses

Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards ce...

July 9, 2019 No Responses

Bank Backs AfCFTA With $1b

The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). In a statement by Afreximbank’s spokesman, M...

July 9, 2019 No Responses

Coscharis Welcomes New 7 Series

The all new BMW 7 series is has arrived in Nigeria courtesy Coscharis Motors. The BMW brand flagship comes with a more distinctive, luxurious and outstanding dynamics. It stands out with its prestigious, elegant appearance, superlative comfort and exceptionall...

July 9, 2019 No Responses

Anambra Implores FG On Death of Ndubuisi-Chukwu In South Africa

Governor of Anambra State, Willie Obiano has urged the Federal Government to investigate the alleged murder of Mrs Obianuju Ndubuisi-Chukwu’s in Johannesburg. Mr Don Adinuba, Anambra State Commissioner for Information and Public Enlightenment, in a statement...

July 9, 2019 No Responses

Photo News

L – R (A) shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Tinuade Awe, Executive Director, Regulation, NSE; Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE; Ms. Mary Uduk, Acting Director General, Securiti...

July 8, 2019 No Responses

Group Tasks National Assembly On Nigerian Railway’s 1955 Legal Status

By Moses Ebosele, ebosele@hotmail.com – A continental railway advocacy group, African Railway Roundtable has challenged the new leadership of Nigeria’s National Assembly to immediately revive and accelerate passage of the bill which seeks to amend the ...

July 8, 2019 No Responses

NNPC Inspects Drilling Operations In Kolmani

President Muhammadu Buhari is committed to growing Nigeria’s hydrocarbon reserves through the exploration of the various inland basins spread across the country, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has...

July 7, 2019 No Responses

Shipping Firm Attains First Simultaneous Bunkering Operations

Containerships, a subsidiary of the CMA CGM Group, has performed its first simultaneous operations (SIMOPS) bunkering. The operations allows for the concomitant bunkering of liquefied natural gas (LNG) and execution of loading and unloading procedures. The SIM...

July 7, 2019 No Responses

SEC Approves Airtel’s Listing On NSE

The Securities and Exchange Commission has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange. A source close to the transaction told the News Agency of Nigeria in Lagos that the commission granted the...

July 6, 2019 No Responses

FirstBank To Empower 500 Widows

First Bank of Ngeria Limited is to empower 500 widows in 2019 as part of its Corporate Social Responsibilities and Sustainable Week (CSR). Already, the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their....