City Archives — Page 127 of 490

May 25, 2023 No Responses

Woman In Court Over Alleged N2.9b Fraud

A 32-year-old woman, Ijeoma Iwegue, appeared before a Sabo-Yaba Chief Magistrates’ Court in Lagos over alleged transfer of N2.9 billion. Iwegue, whose residential address was not given in court, pleaded not guilty to a three-count charge bordering on fraudulent transfer....

May 25, 2023 No Responses

Shell Unveils $56.13m For Host Communities

The Shell Petroleum Development Company, operator of the SPDC joint venture has unveiled eight Host Community Development Trusts in Bayelsa State, a critical step for unlocking the $56million earmarked for development in line with the provisions of the Petrole...

May 25, 2023 No Responses

Biden, Obama, Beyonce, Others Pay Tribute To Tina Turner

Celebrities and fans have paid tribute to Tina Turner after her death at 83. The late soul star was behind hits like The Best and What’s Love Got to Do With It. BBC report that Beyoncé called her the “epitome...

May 24, 2023 No Responses

CBN Revokes licences Of 132 Microfinance Banks

The Central Bank of Nigeria (CBN), on Tuesday, revoked the operating licenses of 132 microfinance banks and those of four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government, which was....

May 24, 2023 No Responses

Akwa Ibom Distributes 600,000 Cocoa Seedlings To Farmers

The Akwa Ibom State Government has commenced the distribution of 600,000 cocoa seedlings to farmers for this year’s planting season. The Commissioner for Agriculture, Dr. Offiong Offor, who performed the distribution of the seedlings to farmers in Ini Local ...

May 24, 2023 No Responses

Anambra Declares 33 Per Cent Increase In IGR

THE Anambra Internal Revenue Service (AIRS) has declared increase in the state’s monthly internally generated revenue (IGR) from an average of N1.5 billion to N2 billion. Speaking during an interactive session with Journalists on Tuesday in Awka, the Chairma...

May 23, 2023 No Responses

Oil Extends Gains On Higher Demand

Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U.S. debt default capped gains. Reuters...

May 23, 2023 No Responses

Three Kidnapped Seafarers Freed

The three seafarers who were kidnapped in early May from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore, have been rescued, the company confirmed.World Maritime News report that the vessel was boarded by pirates whilst in...

May 23, 2023 No Responses

Ajulo Seeks Prompt Action On Ondo Seaport Project

A legal practitioner, Mr. Kayode Ajulo, has called for prompt action to execute the Ondo Seaport project, recently approved by President Muhammadu Buhari, beyond the paperwork. Ajulo stated this in a statement in Abuja, and commended Buhari for the approv...

May 22, 2023 No Responses

Dangote Refinery Comes Alive

President Muhammadu Buhari will today, May 22, 2023 commission Dangote Petroleum Refinery & Petrochemicals, regarded as the world’s largest single train refinery in Ibeju-Lekki, Lagos, alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad...

May 22, 2023 No Responses

SIFAX Boss Canvasses Improved Investments In Maritime Sector

As Nigeria is transitioning to a non-oil-dependent economy, attention needs to be shifted towards other critical sectors, especially the maritime industry, so they could contribute substantially to the country’s Gross Domestic Product (GDP). Speaking at the ...

May 21, 2023 No Responses

Oil & Gas Firm Secures CO2 Storage license

United Kingdom oil and gas company, EnQuest has secured the offer of carbon storage licenses as part of the UK’s first-ever round of carbon sequestration licenses issued by the North Sea Transition Authority (NSTA). World Maritime News report that the l...

May 21, 2023 No Responses

NIMASA DG At El-Rufai’s Book Launch, Lauds Performance In Office

The Director General Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, on Saturday commended the Governor of Kaduna State, Malam Nasir El Rufai for the people oriented projects executed during his tenure as Kaduna State Governor. &...

May 21, 2023 No Responses

Edo To Reconstitutes Christian Pilgrims Welfare Board

The Edo State Governor, Mr. Godwin Obaseki has said the state government will reconstitute the state Christian Pilgrims Welfare Board. He said this during a courtesy visit by the new leadership of the Edo State Chapter of the Christian Association...