City BusinessNews Archives — Page 75 of 371

January 16, 2024 No Responses

APM Terminals To Invest $500m In Port Terminal

A.P. Moller-Maersk’s APM Terminals has partnered with Plaquemines Port Harbor and Terminal District (Plaquemines Port) to build a major container terminal on the West Bank of Plaquemines Parish, Louisiana, United States. According to APM Terminals, the new terminal holds significant...

January 16, 2024 No Responses

Ministers Harp On Use Of Scanners At Seaports

As part of efforts to ensure ports efficiency and competitiveness, the ministers of Marine and Blue Economy, Adegboyega Oyetola, Transportation, Senator Said Ahmed Alkali and CG Customs, Bashir Adeniyi met on Monday and agreed that physical inspection of cargo...

January 16, 2024 No Responses

JAMB Okays 747 CBT Centres For 2024 UTME Registration, Examination

The Joint Admissions and Matriculation Board (JAMB) has certified 747 Computer Based Test (CBT) Centres for the 2024 UTME exercise scheduled to begin on Monday. The board made this known in a Bulletin issued by the Board’s Public Communication Advisor(PAC),....

January 16, 2024 No Responses

Investors Gain N874b As Indices Increase By 1.92%

The Nigerian Exchange Ltd., (NGX) on Monday traded on a positive note, as the All-Share Index rose strongly by 1.92 per cent or 1,597.93 points. Specifically, the All-Share Index settled at 84,640.89, as against 83,042.96 achieved on Friday. Also, investors...

January 15, 2024 No Responses

LAMATA Cautions Commuters Against Payments Into Personal Accounts

The Lagos Metropolitan Area Transport Authority (LAMATA) has advised commuters in the State to only use authorised Bank Accounts to pay for transport services. A statement signed by the Consultant, Corporate Communication of LAMATA, Mr. Kolawole Ojel...

January 15, 2024 No Responses

Ecobank Group Unveils Brand Campaign At Africa Cup of Nations

Ecobank Group on Sunday unveiled its new brand campaign, ‘A BETTER WAY | A BETTER AFRICA’ at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). A statement explained that Ecobank is a proud official sponsor of the...

January 14, 2024 No Responses

QatarEnergy Seals $2.4b Contract For Eight LNG Carriers

QatarEnergy has sealed a contract with Chinese shipbuilder, CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max ultra-large LNG carriers valued at over $2.4 billion and are to be delivered between 2028 and 2029. According to World Maritime Ne...

January 14, 2024 No Responses

10 Corps Members Depart For India On Youth Exchange Programme

Ten National Youth Service Corps (NYSC) members will travel to India on Sunday to participate in a Youth Exchange Programme organised by the Indian National Cadet Corps. The annual programme is held to commemorate the Independence Anniversary of the Republic.....

January 13, 2024 No Responses

Dangote Refinery Begins Production

By Moses Ebosele, ebosele@hotmail.com — Dangote Refinery, the largest single-train refinery in the world commenced production on Friday, January 12, 2024. Earlier scheduled to begin operations in June 2023, the oil refinery received its first crude ...

January 13, 2024 No Responses

AVIATION: THE CRITIC AND THE WITCH

By Michael Achimugu — There are a million flowery word combinations I could say to sound like an intelligent person. But today is not a day for semantic gymnastics. The aviation industry can be sobering but we must, here and...

January 13, 2024 No Responses

Total Energies Visits NCDMB, Reconfirms Final Investment Decision For Ubeta Project in 2024

Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed that the company ...

January 13, 2024 No Responses

NGX Extends Gain By N244b

Positive sentiments persisted on the Nigerian Exchange Ltd., (NGX) on Friday with the All-Share Index extending growth by 0.54 per cent. Specifically, the All-Share Index improved further by 445.56 points points or 0.54 per cent to close at 83,042.96, against....

January 12, 2024 No Responses

Ministers Brief Tinubu On $10b Investment Prospects In Nigeria’s Steel Sector

President Bola Tinubu, on Thursday, at the State House in Abuja, held a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which he received briefing on investment prospects...

January 12, 2024 No Responses

Nigeria Targets 472,000 Metric Tonnes Of Wheat From Dry Season Farming

The Nigerian Government has set a target of achieving around 472,000 metric tonnes of wheat production by the end of the dry season wheat farming programme. Mr. Ishaku Buba, the National Project Coordinator for the National Agricultural Growth Sche...