City BusinessNews – Page 374 – City Business News

February 17, 2020 No Responses

NNPC, Shell, Total, Others Disburse $360m For Ogoni Clean-Up

The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners of Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC), have disbursed $360million towards the Ogoniland Clean-Up project as recommended...

February 17, 2020 No Responses

Sanwo-Olu, Amaechi, Others To Discuss Nigeria’s Future At 3rd Freedom Online Lecture

Governor Babajide Sanwo-Olu of Lagos State will, on Tuesday, February 25, lead other speakers to discuss the future of Nigeria at the third annual lecture of Freedom Online in Lagos. A statement by the Managing Director/Editor-in-Chief of the online newspaper,...

February 16, 2020 No Responses

Ikeja Electric Targets N170b Revenue In 2020

Ikeja Electric (IE) has projected total revenue of N170 billion in 2020 with the implementation of the increment in various classes of electricity tariff. The company is to create a new tariff class called Bilateral for customers and had signed...

February 14, 2020 No Responses

APM Terminals Seeks Construction Permit

APM Terminals Poti, part of Dutch terminal operator APM Terminals, has re-initiated the process of obtaining the necessary permits to build a new deep-water multipurpose port in Poti.On February 11, 2020, APM Terminals submitted an application to the Technical...

February 14, 2020 No Responses

Police Impose Curfew In Bayelsa

The Bayelsa Police Command has imposed a dusk-to-dawn curfew over violent protests by alleged political supporters in the state.The Commissioner of Police, Usher Anozie, while briefing Journalists on Friday in Yenagoa, said the curfew was from 8pm to 6am...

February 14, 2020 No Responses

NNPC Recruits 1,050 Graduate Trainees

The Nigerian National Petroleum Corporation (NNPC) has announced the recruitment of 1,050 Graduate Trainees, signaling the successful completion of its 2019/2020 employment exercise.A statement from the corporation’s Acting Group General Manager, Group Publi...

February 14, 2020 No Responses

Photo News

Representatives of Ports & Cargo Handling Services Limited, subsidiary of SIFAX Group, Infrastructure Concession and Regulatory Commission and the Nigerian Ports Authority during the 2020 Compliance and Performance Monitoring of Public Private Partnership ...

February 13, 2020 No Responses

INEC, APC, PDP React To Supreme Court Ruling On Bayelsa

The Independent National Electoral Commission (INEC) will effect the Supreme Court ruling on Bayelsa governorship election once it is served with the certified true copy of the judgment.INEC National Commissioner and Chairman, Information and Voter Educa...

February 13, 2020 No Responses

Plateau United Suspends Training

The management of Plateau United FC of Jos said the team would not train on Thursday in honour of its Head Coach, Audu Pele, who died on Wednesday afternoon. Albert Dakup, the team’s Media Officer announced this in a statement...

February 13, 2020 No Responses

CEAT Gets New Tyre Factory

Tyre manufacturer, CEAT on Wednesday unveiled its 163-acre green field plant in Kanchipuram near Chennai in Tamil Nadu in India, joining Apollo Tyres, Michelin, TVS Tyres and others in manufacturing from the southern state. Availabel information indicate...

February 12, 2020 No Responses

FRSC Sokoto Sets For 2020 Argungu Fishing Festival, Cautions Against Overloading

The Federal Road Safety Corps (FRSC),Sokoto Zone is mapping out strategies aim at ensuring free flow of traffic and ensuring safety of lives and property during the forthcoming Argungu International Fishing Festival taking place in the first week of Marc...

February 12, 2020 No Responses

Kurfi Projects Double Digit Growth For Nigerian Stock Market In 2020

Seasoned capital market operator, Malam Garba Kurfi, on Wednesday expressed optimism that the Nigerian equities market would witness double digit growth in 2020.Kurfi, the Managing Director, APT Securities and Funds Ltd., stated this at the Capital Market Corr...

February 12, 2020 No Responses

Customs Impounds 5,040 Cartons Of Red Grape Drink

The Nigeria Customs Service (NCS), Federal Operating Unit (FOU), Zone C, Owerri has confiscated 5,040 cartons of red grape drink smuggled into the state.The NCS also seized 143 bales of fabrics with each bale containing 1,200 dozens of garments.Controller of.....

February 12, 2020 No Responses

Michelin Projects Lower Income In 2020

French tyre maker, Michelin on Tuesday projected lower operating income in 2020, saying the forecast did not include the systemic effect of the coronavirus crisis in China. The Paris-based company, which restarted operations in its three factories in China on....