City BusinessNews Archives — Page 81 of 371

December 24, 2023 No Responses

Anthony Joshua Beats Otto Wallin

Anthony Joshua put in a terrific performance to beat Otto Wallin inside the distance but Deontay Wilder’s shock points loss to Joseph Parker on the same bill scuppered plans for the long-awaited heavyweight showdown. Briton Joshua boxed magnificently in Saudi...

December 23, 2023 No Responses

Firm Seals $3.1b Deal For 11 LNG Carriers

A maritime firm, Shipowner Capital Product Partners has sealed agreement for the acquisition of 11 newbuild Liquefied Natural Gas (LNG) carrier vessels worth $3.1billion. World Maritime News report that each vess...

December 23, 2023 No Responses

CBN Unveils Guidelines For Regulating Virtual Assets In Nigeria

The Central Bank of Nigeria (CBN) has unveiled guidelines for virtual assets as part of measures to allow virtual assets service providers (VASPs) which include cryptocurrencies and crypto assets organizations to open accounts with Nigerian banks. The de...

December 23, 2023 No Responses

Customs Board Confirms Appointment Of Two ACGs, Approves Promotion Of 2,209 Others

The Nigeria Customs Service (NCS) Board, led by Wale Edun, the Minister of Finance, has approved the promotion of two Assistant Comptrollers General and 2209 Senior Officers. In a statement on Friday, the National Public Relations Officer of Customs, Abdullahi...

December 23, 2023 No Responses

Lagos Urges Lekki Residents To Open All Street Gates

The Lagos State Government has urged residents in Lekki Phase I, Phase II and its environs to open all Street Gates located in the area from the hours of 6.00 am to 11.00 pm daily during this yuletide season. A...

December 22, 2023 No Responses

CBN Warns PoS Operators, Banks Against Cash Hoarding

The Central Bank of Nigeria has issued a warning against Deposit Money banks and Point of Sales (PoS) merchants over alleged hoarding of cash in the country. A circular signed by CBN’s acting director of Corporate Communications, Hakama...

December 22, 2023 No Responses

Photo News

Director General, Nigerian Maritime Administration and Safety Agency ( NIMASA), Dr Bashir Jamoh, OFR (Right) and the Executive Secretary, Nigerian Shippers’ Council (NSC), Pius Ukeyima Akutah, MON in a tete-a-tete on how inter Agency collaboration can enh...

December 22, 2023 No Responses

Dana Air Bags Most Innovative Airline Award, Introduces Additional Flights

Dana Air has been named the Most Innovative Airline of the year 2023 at the prestigious Nigerian Business Leadership Awards held at the Landmark Events Center in Lagos. The Nigerian Business Leadership Awards, renowned for celebrating outstanding business lead...

December 22, 2023 No Responses

Presco Rewards 38 Staff, Lauds Performance

Thirty-eight employees of Presco Plc have received various items as rewards for their loyal services, dedication and outstanding performance during the year 2023. Congratulating the recipients at the end-of-year party held at Obaretin Estate headquarters of...

December 21, 2023 No Responses

Lagos Begins Clampdown On Tankers, Trailers Along Apapa-Oshodi Expressway

The Lagos State Government has ordered all tankers and trailers to immediately vacate the Cele Bus Stop Inward Tin Can Port axis, along the Apapa-Oshodi expressway and stop indiscriminate parking along that axis. The Special Adviser on Transportation to t...

December 21, 2023 No Responses

NADDC Faults Inflow Of Used Vehicles Into Nigeria, Seeks Minimum Standards

The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin has frowned at the level of inflow of used cars otherwise referred to as “tokubo” cars into Nigeria. Speaking at an event in Abuja on Public Sector...

December 20, 2023 No Responses

Lagos To Deploy 1,000 CNG Buses In 2024

The Lagos State Government is to deploy about 1,000 Compressed Natural Gas (CNG)-buses before the end of 2024. Already, the State has concluded plans to take delivery of 100 units of CNG Buses and 50 electric buses from the Federal...

December 20, 2023 No Responses

NCDMB Commits To Capacity Utilisation, Patronage For Nigerian Service Companies

The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companies would remain of strategic importance to take advantage of the massive development of operational capabilities si...

December 19, 2023 No Responses

NASENI, Eleven Firms Seal $21.7m MoU

The National Agency for Science and Engineering Infrastructure (NASENI) has signed an agreement worth $21.7 million with eleven firms in Nigeria as beneficiaries for take-off of the Delta-2 Projects, being the outcome of the bilateral collaboration between the...