City BusinessNews Archives — Page 79 of 371

January 1, 2024 No Responses

‘FG Must Address Economic Hardship In 2024’

Former Vice President, Atiku Abubakar has advised the Federal Government to address the economic hardship that Nigerians are going through in 2024. In his 2024 new year message on Sunday, Atiku also acknowledged that 2023 was “definitely a challenging year”...

January 1, 2024 No Responses

Nasarawa Partners Shippers Council On Inland Dry Port, Export

As part of measures to facilitate seamless export out of the country, the Nasarawa State Government has expressed willingness to partner with the Nigerian Shippers’ Council (NSC) for the establishment of an Inland Dry Port (IDP) in the state. Speaking...

January 1, 2024 No Responses

112,000 Passengers Benefit From FG’s 50% Fare Rebate

No fewer than 112,000 passengers have so far benefitted from the 50 percent fare reduction on inter-state routes since the offer announced by the Federal Government took effect on Thursday, December 21, 2023 (to end on January 4, 2024). This...

December 31, 2023 No Responses

National Assembly Passes N28.7trillion 2024 Budget

The National Assembly on Saturday passed the 2024 Appropriation Bill, increasing the sum to ₦28.7 trillion from the initial ₦27.5 trillion presented by President Bola Tinubu late November. The lawmakers in the Senate and the House of Representatives ...

December 31, 2023 No Responses

Obaseki Condoles Ijewere Family

The Edo State Governor, Mr. Godwin Obaseki, has mourned the passing of Mr. Emmanual Itoya Ijewere. In a condolence message to the Ijewere family, the governor said, “I am deeply saddened by the painful news of the passing of Mr....

December 31, 2023 No Responses

Revamping Nigeria’s Seaports For Growth

On assumption of duty as Managing Director/CEO of the Nigerian Ports Authority NPA, Mohammed Bello-Koko was quite clear and intentional on his mission and vision for the nation’s seaports, which were then seriously grappling with infrastructural decay across...

December 30, 2023 No Responses

Plateau Attacks: Police Set Up Special Squad

As part of measures to address insecurity in Plateau State, the Nigeria Police Force has set up a Special Operation Squad which will commence work immediately. Inspector General of Police, Kayode Egbetokun, disclosed this on Friday at the Government House...

December 30, 2023 No Responses

SANWO-OLU APPROVES THE RELEASE OF 246 INMATES

Lagos State Governor, Babajide Sanwo-Olu, on the recommendation of the Advisory Council on the Prerogative of Mercy, has approved the release of 246 inmates from various correctional facilities across the State and the commuttal of death sentence for 39 inmate...

December 29, 2023 No Responses

Shell, Qatar Seal Crude Supply Deal

Qatar’s state-owned oil and gas company, QatarEnergy has entered into a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore. Commencing in January 2024, the deal encompasses the supply of up to 18 million bar...

December 29, 2023 No Responses

Boeing Urges 737 Max Inspections For Possible Loose Bolt

Boeing is urging airlines to inspect its 737 Max airplanes for a possible loose bolt in rudder control systems. The airplane maker called for the inspections after an international operator discovered a bolt with a missing nut, the Federal Aviation...

December 28, 2023 No Responses

MSC Containership Attacked In Red Sea

MSC United, a Post Panamax containership owned by Swiss-based Mediterranean Shipping Company (MSC), was attacked while transiting the Red Sea. The attack was confirmed by the Yemeni Armed Forces’ Spokesperson Yahya Sare’e, saying that the ship was targeted...

December 28, 2023 No Responses

Ondo Declares Three Days Of Mourning As New Governor Appoints Five Aides

The Ondo State Government has declared a three-day period of mourning in honour of Governor Rotimi Akeredolu who died in the early hours of Wednesday, December 27, 2023. New Governor, Lucky Aiyedatiwa also ordered national flags to be flown at half-m...

December 28, 2023 No Responses

Nigeria Firm To Export Gas To South Africa

A Nigerian-based energy company, Riverside LNG, has revealed ongoing discussions regarding a potential agreement to supply gas to South Africa from the first quarter of 2024. This would mark the first such deal between the two nations, sh...

December 27, 2023 No Responses

Samsung Secures $240m Contract For Two LPG Carriers

South Korean shipbuilding major, Samsung Heavy Industries (SHI) has won $240 million contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to comp...