Citybusinessnews Archives — Page 16 of 38

June 12, 2023 No Responses

Hyundai Secures Approval For New Tank Shape For Liquefied Gas, Fuel

Korean Register (KR) has awarded an Approval in Principle (AIP) to HD Hyundai Heavy Industries (HD HHI) for a new type of tank shape with sloshing-restrained technology designed for various liquefied gases and fuels. World Maritime News report that the new tank...

June 12, 2023 No Responses

Photo News

June 12, 2023 No Responses

President Tinubu’s Democracy Day Broadcast

June 12, 2023 No Responses

At NDSF 2023, Stakeholders Restate Importance Of 5G Services

Stakeholders in the Information and Communication Technology (ICT) industry have restated the value of the Fifth Generation (5G) services, especially on the positive use of the internet to ease connectivity.They also noted that 5G technology has enhanced capab...

June 12, 2023 No Responses

Firms Seal LNG Bunkering Partnership

Italian maritime transportation group, Fratelli Cosulich has started a collaboration with low and zero-emission fuels supplier, Titan as it seeks to strengthen its position in the European LNG bunkering market. As part of this collaboration, Fratelli Cosu...

June 9, 2023 No Responses

MOL Appoints First Female Captain

Japanese shipping major, Mitsui O.S.K. Lines (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6. World Maritime News report that the decision marks a significant step forward for gender diversity in the...

June 9, 2023 No Responses

Telecom Sector Contributes N2.508Tri To Nigeria’s GDP

The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent. F...

June 5, 2023 No Responses

Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share

The shareholders of Ardova Plc, at a Court Ordered Meeting held in Lagos, on Wednesday, 31 May, 2023, approved the Scheme of Arrangement for the holders of its fully paid ordinary shares of 50 kobo each, subject to the approval...

June 5, 2023 No Responses

Elumelu: Africa Needs To Rethink Its Relationship With Business

Africa needs to rethink its relationship with business, foremost Nigerian industrialist and Chairman, Heirs Holdings Group, Tony Elumelu, has reinstated. According to Elumelu, “Africapitalism” means the private sector can transform Africa’s economy and s...

June 5, 2023 No Responses

NGX RegCo, ISSB, FRCN To Host Webinar On Sustainability Disclosure Standards

NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainability disclosure standards for companies as ...

June 5, 2023 No Responses

DNV: Biofuel Key To Maritime Decarbonisation

The flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. In its latest white paper “Biofuels in shipping,” classification society, DNV reported that the current...

June 5, 2023 No Responses

Unity Bank Grows Gross Earnings to N57Billion In 2022

Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended December 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021. ...

May 26, 2023 No Responses

Army Lauds NDDC, Pledges To Sustain Peace In Niger Delta

The Commanding Officer 29 Battalion, Nigerian Army, Port Harcourt, Lt. Colonel Aliyu Manga, has commended the Niger Delta Development Commission, NDDC, for co-operating with security agencies working in the Niger Delta region to ensure peace. Speaking during...

May 26, 2023 No Responses

Shipowners Implore UN Member State On Ambitious Course For 2050

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted detailed proposal for the next round of IMO negotiations set for July this year with the aim of increasing decarbonization tar...