City Archives — Page 4 of 488 — City Business News

November 8, 2024 No Responses

Lawyers Fault Appointment Of New Accountant General In Edo

Lawyers under the aegis of Network of Edo Lawyers have criticised the appointment of new Accountant General by the outgoing administration of Godwin Obaseki. In a statemen on Thursday signed by Julius Ilenkhe, the group urged the Economic and Financial Crimes...

November 7, 2024 No Responses

NCDMB Unveils Bell Oil And Gas’ Pipe Threading Plant

A multi-million-dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsol...

November 6, 2024 No Responses

Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Corporation has announced plans to increase its exploration holdings in African oil producers such as Nigeria and Angola. The company promised to ramp up its exploration efforts due to the anticipated potential for a production rebound in both countrie...

November 6, 2024 No Responses

Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks

The Nigerian Government has reaffirmed its commitment to go on with the $26 billion African Atlantic Gas Pipeline project in collaboration with Morocco, Mauritania, and the Economic Community of West African States (ECOWAS). Representatives of Nigeria ex...

November 5, 2024 No Responses

PETROAN Accuses Dangote Of Trying To Stifle Competition

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of ...

November 4, 2024 No Responses

NDLEA Seizes N4.5b Cocaine At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has curtailed efforts by members of an international drug syndicate operating between Brazil, Ethiopia and Nigeria to smuggle into Nigeria 845 wraps of cocaine weighing 18.72 kilogrammes through Murtala Muhammed...

November 4, 2024 No Responses

APC Sweeps All Chairmanship Positions In Nasarawa, Cross River

The All Progressives Congress (APC) has won all the chairmanship positions in the local government elections conducted in Nasarawa State and Cross River State on Saturday. In Nasarawa, the ruling party was declared the winner of the chairmanship poll in...

November 3, 2024 No Responses

FG Releases Funds For Payment Of NASU, Federal Retirees

The Federal Government has released funds for payment of withheld salaries of the Non-Academic Staff Union of Federal Universities (NASU). The Office of the Accountant General of the Federation (OAGF) made this known in a statement in Abuja. According to...

November 3, 2024 No Responses

CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres

The Federal Government through the Presidential Compressed Natural Gas Initiative (PCNGI) and the National Automotive Design and Development Council (NADDC), at the weekend advised Nigerians to patronise only accredited centres for the conversion of their...

November 2, 2024 No Responses

At Lagos Trade Fair, Sanwo-Olu Harps On Renewable Energy, Green Business Practices

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has reaffirmed the commitment of the state government to promoting green business practices and renewable energy. City Business News reports that Governor Sanwo-Olu stated this on Friday at the opening cerem...

November 2, 2024 No Responses

Court Orders Final Forfeiture Of $2m, Seven Properties Linked To Emefiele

Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Friday, November 1, 2024, ordered the final forfeiture of the sum of $2.045m, seven landed properties and the two share certificates of Queensdorf Global Fund Limited Trust...

November 2, 2024 No Responses

Tax Bill: Tinubu Rejects NEC’s Proposal

President Bola Tinubu has rejected the National Economic Council’s (NEC) proposal to withdraw the controversial tax reform bill, insisting the council follow the “legislative process.” In a statement on Friday, Tinubu’s spokesperson, Bayo Onanuga,...

November 1, 2024 No Responses

SAHCO WINS NEOSAIR GROUND HANDLING CONTRACT

Skyway Aviation Handling Company (SAHCO) Plc , a leading Ground Handling service provider in Nigeria, has announced its new partnership with NeosAir starting from October 30th, 2024 that would be flying from Milan Malpensa Airport in Italy to Murtala Muhammed....

October 31, 2024 No Responses

TotalEnergies Announces First Oil From Mero Field

TotalEnergies has announced first oil from the third development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August...