City BusinessNews Archives — Page 48 of 371

May 2, 2024 No Responses

May Day: Tinubu Salutes Nigerian Workers

President Bola Tinubu has congratulated Nigerian workers on the auspicious occasion of Workers’ Day held annually to celebrate the lifeblood of our country.The President salutes Nigerian workers for their fidelity to the peace, progress, and development ...

May 2, 2024 No Responses

NEPL/Seplat JV, Edo Sign Reforestation Agreement

The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves to enable a large-scale tree pl...

May 1, 2024 No Responses

FG Approves Salary Increase For Civil Servants

The Federal Government has approved an increase of between 25% and 35% in salary Increase for Civil Servants on the remaining six Consolidated Salary StructuresThe Salary Structure are Consolidated Public Service Salary Structure (CONPSS), Consolidated Researc...

May 1, 2024 No Responses

Maersk debunks $600m Investment In Nigeria

The management of AP Moller-Maersk has debunked report that it is planning to invest $600 million in Nigerian seaport infrastructure. The Nigerian Government through a statement had claimed that the Danish shipping conglomerate promised to bring an additional ...

May 1, 2024 No Responses

Qatar Airways Renews Partnership with UNHCR

Qatar Airways and UNHCR, the UN Refugee Agency, has announced the renewal of their existing partnership to support the shipment of relief items to the most vulnerable refugees and internally displaced people worldwide. The agreement was signed during a s...

May 1, 2024 No Responses

Petrol Marketers Threaten Strike Over ₦200b Debt

Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims. The threat comes following cur...

May 1, 2024 No Responses

Dangote Targets 700,000mt Of Refined Sugar In Four Years

Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP). Chairman of Dangote Sugar Refinery Plc, Aliko Dan...

April 30, 2024 No Responses

NCDMB Receives N450m Interim Dividend From Waltersmith Modular Refinery

The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out the N1.5billion declared by the Waltersmith Refinery and Petrochemical Company Limited. This payment rep...

April 30, 2024 No Responses

Najomo Inaugurates NCAA’s Project Monitoring And Evaluation Committee

The Acting Director General, Nigerian Civil Aviation Authority (NCAA), Capt. Chris Ona Najomo has inaugurated NCAA Project Monitoring and Evaluation Committee.The inauguration ceremony for the newly reconstituted committee took place on Monday, April 29, 2024...

April 30, 2024 No Responses

Lagos Constitutes Cyber Security Advisory Board

A major step to mitigate cyber security risks to its systems, assets and data has been taken by the Lagos State Government. The Government has set up a Cybersecurity Advisory Board to facilitate the design, implementation and management of an...

April 30, 2024 No Responses

Q1: Seplat Energy Declares US 3 Cents Dividend

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the three months ended 31 March 2024, declaring US 3 Cents dividend per share for....

April 29, 2024 No Responses

Edo Announces N70,000 Minimum Wage

Edo State Governor, Mr. Godwin Obaseki, has announced an increase in the minimum wage for Edo workers from N40,000 to N70,000 effective from May 1, 2024.Obaseki disclosed this on Monday while delivering his speech at the commissioning of Edo State...

April 29, 2024 No Responses

NGF Seeks Safer Transportation Of Petroleum Products

Discussions are advancing among the 36 state governors and strategic federal agencies in the oil and gas industry over the adoption of safer methods of transportation of petroleum products across the country, the Nigerian Governors Forum (NGF) disclosed on Sun...