City Archives — Page 41 of 489

May 23, 2024 No Responses

FG Inaugurates NDDC’s Power Station In Ondo

President Bola Ahmed Tinubu has commissioned the multi-billion naira 132KV Transmission Line and I32KV/33KV electricity substation at Ode-Erinje in Okitipupa Local Government Area of Ondo State.Speaking at the commissioning ceremony, the President, who was represented by the Minister for Niger...

May 22, 2024 No Responses

Tinubu Appoints New FRSC Corps Marshal

President Bola Ahmed Tinubu has approved the appointment of ACM Shehu Mohammed as the Corp Marshal and Chief Executive Officer of the Federal Road Safety Commission (FRSC).This was contained in a letter of appointment signed by the Secretary to the...

May 22, 2024 No Responses

Chery Rolls Out Products For Test Drive In Lagos

Chery has concluded plans to roll out products from its stable for an “exciting test drive” scheduled to hold in Lagos on May 25, 2024.According to Chery, take off point is at Carloha Showroom in Alapere, Lagos State.A statement issued...

May 22, 2024 No Responses

TotalEnergies Unveils Kaminho Deepwater Project

Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANP...

May 22, 2024 No Responses

CBN Raises Interest Rate To 26.25 %

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. Following a two-day meeting, the bank’s Monetary Policy Committee (MPC) agreed to increase the Monetary Policy...

May 22, 2024 No Responses

NDDC Boss Seeks Effective Stakeholders Collaboration

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has again called for effective collaboration of critical stakeholders in chanting new narratives in the Niger Delta region.Ogbuku, who stated this in his goodwill message ...

May 21, 2024 No Responses

NPA, Koko Win Champion Newspapers’ 2023 Awards

Champion Newspapers Limited has announced Nigerian Ports Authority(NPA) as winner of its Government Agency Award and the NPA Managing Director, Mohammed Bello Koko as the Most Outstanding Public Servant in 2023.According to the Newspapers’ management, th...

May 21, 2024 No Responses

Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has announced impressive financial performance at its 11th Annual General Meeting (AGM), the first since the Company went public, via a listing by introduction of its shares,...

May 21, 2024 No Responses

NDDC Inaugurates Edo Electricity Sub-Station

The Niger Delta Development Commission, NDDC, has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State.Speaking at the commissioning ceremony, the NDDC Managing Director...

May 21, 2024 No Responses

DMO Raises N4.9tri For Ways And Means Securisation

The Debt Management Office (DMO) has raised N4.9 trillion out of the N7.3 trillion approved for Ways and Means securitisation. “For the Ways and Means, out of the N7 trillion approved for securitisation, we have raised N4.905 trillion,” Oniha said....

May 21, 2024 No Responses

UBA @ 75: GMD Lauds Elumelu, Stakeholders

The Group Managing Director and Chief Executive Officer of United Bank for Africa Plc, Oliver Alawuba, has hailed the Chairman of the global financial powerhouse, Tony Elumelu, and other stakeholders for the success recorded by the bank in its 75...

May 21, 2024 No Responses

Contractor Admits Receiving N2.17b For No Project

A contractor, Olugbenga Obadina who is being prosecuted by the Economic and Financial Crimes Commission, EFCC for receiving payments from the Office of the National Security Adviser, (NSA) on November 28, 2015 without any contractual agreement on Monday, May 2...

May 20, 2024 No Responses

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio. BGT was founded in 1989 to provide...

May 20, 2024 No Responses

Toyota Nigeria Rewards Nestle, Zenith, Roxcon

Toyota (Nigeria) Limited (TNL) has named Nestle Nigeria Plc as winner of its prestigious Evergreen Customer Award for the Year (2023). The company emerged winner among the teeming Toyota customers, having purchased the highest cumulative number of new Toyota v...