Tag: City BusinessNews

Ngige, Sunmonu, Others Join Air Peace Board
Renowned lawyer, Chief Emeka Ngige (SAN), former Managing Director of Shell Petroleum Development Company, Mr. Mutiu Sunmonu, former acting Director General of the Nigerian Civil Aviation Authority, Mr. Benedict Adeyileka and other new directors of Air Peace h...

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L-R: The Representative of the Managing Director, Nigerian Ports Authority (NPA), the General Manager, Corporate & Strategic Communications, Engr. Adams Jatto, the Director of Special Duties, Nigerian Maritime Administration and Safety Agency (NIMASA), Haj...

Shell Nigeria Spends N221m On Infrastructural Projects In Rivers communities
Shell Petroleum Development Company on Thursday said it invested over N221.08 million on several infrastructural projects in nine host Etche communities in Rivers. SPDC’s General Manager, External Relations, Igo Weli, spoke on Thursday at the formal handover...

SEC, NSE To Streamline Listing Modalities From June 1
The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) on Thursday unveiled plans to make the modalities involving listing on the NSE more efficient and cost effective by streamlining the approval process between the SEC and the...

Firm To Power Vessels With Dead Fish
Norwegian expedition cruise company, Hurtigruten has confirmed plans to power its ships with fuel made from dead fish and other organic waste.As informed, Hurtigruten and compatriot firm Biokraft have signed a 7.5-year liquefied biogas (LBG) supply d...

Conoil Appoints New Executive Director
The Board of Conoil Plc has approved the appointment of Mr. Ismail Salam as the Acting Executive Director Finance. In a notice to the Nigerian Stock Exchange (NSE) on Wednesday, Conoil Plc explained that Mr. Ismail Salam is an accomplished...

Land Rover Discovery Sport Gets Fresh Update
Land Rover has given its Discovery Sport a thorough update for the 2020 model year. Scheduled to arrive showrooms before the end of this year, the 2020 Discovery Sport’s virtually all-new under the skin, as the current model’s aging D8....

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President Muhammadu Buhari and Vice President, Professor Yemi Osinbajo and other members of the Federal Executive Council (FEC) in a Valedictory Picture, On Wednesday, In Abuja

Fayemi Elected Chairman Governors’ Forum
Ekiti State Governor Dr Kayode Fayemi has emerged chairman of the Nigerian Governors’ Forum(NGF). Fayemi who takes over from Zamfara State Governor, Abdulaziz Yari was elected during the meeting of the forum in Abuja. Meanwhile, Bayelsa State Governor,...

Michelin Unveils New Technology Tyres
French Tyre maker, Michelin has launched Primacy 4ST tyres designed primarily for wet conditions. Developed on Evergrip Technology, the new tyre comes with more than 50 per cent of additional grooves to evacuate more water (when new...

Emefiele In Benin, Assures On Single-Digit Interest For MSMEs
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured entrepreneurs set to commence operations at the Edo Production Centre, of the availability of favourable financing options. Emefiele, who spoke on Wednesday during a visit ...

Dakuku: Nigeria Long Overdue For National Fleet
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that Nigeria is way overdue for an active national fleet that would properly position it in the comity of maritime nations.Dakuku stated thi...

CBN To Restrict Banks Access To Bonds, Treasury Bills
The Central Bank of Nigeria (CBN) is to restrict Banks access to government securities. Speaking at the end of the Monetary Policy Committee (MPC) meeting in Abuja, the CBN Governor, Godwin Emefiele explained that MPC also directed CBN to initiate....