Tag: City BusinessNews

Senate Confirms Maida As NCC Executive Vice Chairman
November 17, 2023 No Responses

Senate Confirms Maida As NCC Executive Vice Chairman

The Senate has confirmed the appointment of Dr. Aminu Maida as the substantive Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC). Maida was confirmed Thursday in Abuja by the Senate during its plenary session where...
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Presco Bags Company Of The Year Award
November 17, 2023 No Responses

Presco Bags Company Of The Year Award

In recognition of its contributions to the Nigeria economy especially the agricultural sector, Presco Plc has emerged winner of the City Business News 2023 Company of The Year Award.  With head office in Benin City, Edo State, Presco Plc is a...
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Firm Earmarks $3b For Eleven LNG Carriers
November 16, 2023 No Responses

Firm Earmarks $3b For Eleven LNG Carriers

After revealing plans to shift its business focus towards the LNG carrier sector, Capital Product Partners L.P. (CPLP) has now entered into an agreement to acquire eleven newbuild LNG carriers for a total price of $3.1 billion. Under the agreement,...
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Lagos Reiterates Ban On Street Begging
November 16, 2023 No Responses

Lagos Reiterates Ban On Street Begging

The Lagos State Government has restated that the ban on street begging or using babies to solicit alms on the street in any part of the State is still very much in force. The Commissioner for Youth and Social Development,...
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NNPC Tasks Stakeholders On Diversified Energy Portfolio
November 15, 2023 No Responses

NNPC Tasks Stakeholders On Diversified Energy Portfolio

The Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited (NNPC Ltd), Mele Kyari has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape.  Kyari gave...
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NIMASA DG Host Western Naval Command
November 15, 2023 No Responses

NIMASA DG Host Western Naval Command

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh says collaboration with the Nigerian Navy has played a key role in the achievements of his Administration in terms of maritime security in Nigerian waters and th...
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Roger Brown: Africa Should Reposition Energy Industry For The Future 
November 15, 2023 No Responses

Roger Brown: Africa Should Reposition Energy Industry For The Future 

Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. He urged African countries to accept the fact that energy...
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NCDMB Partners SLB, Varsities, Unveil Software Solutions For Oil, Gas Industry
November 15, 2023 No Responses

NCDMB Partners SLB, Varsities, Unveil Software Solutions For Oil, Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company on Tuesday in Lagos unveiled the first three products of their joint program, the NCDMB-SLB Technology Enhancement Program (N-STEP), a platform whereby students ...
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NSIB Probes Valuejet Incident At Port Harcourt Airport
November 15, 2023 No Responses

NSIB Probes Valuejet Incident At Port Harcourt Airport

Nigerian Safety Investigation Bureau (NSIB) has commenced investigations into the incident involving a Bombardier CRJ-900LR aircraft with Registration Marks 5N-BXR belonging to Valuejet Airlines which occurred around 3:32pm (local time) on 14th ...
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Nationwide strike: Presidency Faults NLC, TUC
November 14, 2023 No Responses

Nationwide strike: Presidency Faults NLC, TUC

The nationwide strike declared by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) an abuse of privilege, the presidency has said. The Presidency in a statement issued by the Special Adviser to the President on Information and...
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Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation for Refineries
November 14, 2023 No Responses

Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation for Refineries

The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the ...
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Yuguda, Uwaleke To Headline CAMCAN Workshop On National Development Plan Financing
November 14, 2023 No Responses

Yuguda, Uwaleke To Headline CAMCAN Workshop On National Development Plan Financing

The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to hold its 2023 annual workshop, a strategic forum to articulate issues that can move the Nigerian capital market and economy forward.The workshop, scheduled to hold on Dece...
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At IATF 2023, Ecobank Group Champions Intra-African Trade Growth
November 14, 2023 No Responses

At IATF 2023, Ecobank Group Champions Intra-African Trade Growth

Ecobank Group has said it is positioned as the ‘go to’ bank for payments and trade in Africa. Eric Odhiambo, Group Executive, Corporate and Investment Banking, Ecobank Group who was speaking on the ongoing Intra-African Trade Fair 2023 (IATF 2023) tak...
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NNPC Settles PENGASSAN-Total Energies Rift, Restores Production of 275,000bopd
November 13, 2023 No Responses

NNPC Settles PENGASSAN-Total Energies Rift, Restores Production of 275,000bopd

Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Niger...
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