Citybusinessnews Archives — Page 20 of 59

August 21, 2024 No Responses

Oyetola Pledges Support For Bakassi Deep seaport

Minister of Marine and Blue Economy, Adegboyega Oyetola has assured the Cross River State Governor, Senator Bassey Edet Otu that he would not allow bureaucracy slow down the actualisation of the Bakassi Deep seaport project.He gave the assurance on Wednesday...

August 21, 2024 No Responses

Presco To Construct Ugo-Evboesi Axis Of Benin-Abraka Expressway

Presco Plc has concluded plans to commence the construction of Ugo-Evboesi axis of the Benin-Abraka Road under the Edo State Infrastructure Development and Social Investment Tax Credit Scheme.The scheme was set up by Governor Godwin Obaseki to enable companies...

August 21, 2024 No Responses

AAAM Harps On Legal Framework For NAIDP

The Africa Association of Automotive Manufacturers (AAAM), on Tuesday, 20th August, 2024, made a passionate appeal for proper legislation of the 2023-Nigeria Automotive Industry Development Plan (NAIDP), which according to them would enhance rapid development ...

August 20, 2024 No Responses

Minister Reiterates Support For Badagry Deep Seaport

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated the Ministry’s commitment to facilitate the process that would lead to the realization of the Badagry Deep Sea port project.Speaking on Tuesday in Abuja during a meeting with the...

August 20, 2024 No Responses

NADDC, AAAM Team Visit Mikano, Vita Parts, Chanrai, Others

Inline with the developmental programmes of the 2023-Nigeria Automotive Industry Development Plan geared towards enhancing automotive components Integration in the industry, the National Automotive Design and Development Council (NADDC) and the African Associa...

August 20, 2024 No Responses

NPA Set To Implement Electronic Call-Up At Onne Port Complex

Photo Caption: Managing Director / CEO Nigerian Ports Authority (NPA) Dr. Abubakar Dantsoho (Middle), Executive Director Marine & Operations NPA , Engr. Olalekan Badmus (4th Left), Chief Executive Officer Callup Technology Services Limited Mr. Timi Koleolu...

August 19, 2024 No Responses

EFCC Arraigns Man For Alleged N600m, $50,000.00 Fraud

The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja.The defendant was...

August 19, 2024 No Responses

NNPC Declares N3.3tri Net Profit, N2.1tri Dividend

The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the...

August 19, 2024 No Responses

Ojo Quits Sifax Group, Resumes As TITC Corporate Communications Lead

To solidify its status as the leading terminal operator in Nigeria and position the company for its next strategic level growth phase, Tin Can Island Container Terminal, operator of Terminal B, Tin Can Island Port has appointed Philips Ojo to...

July 22, 2024 No Responses

Dana Motors Seals CNG Conversion Kits Mass Distribution Deal

As part of the Presidential Compressed Natural Gas (CNG) Initiative, Dana Motors, one of the conversion centers, has announced participation in the mass distribution. The initiative marks a significant milestone in Nigeria’s journey towards...

July 22, 2024 No Responses

Seplat Energy Canvasses Prudent Management Of Oil, Gas Assets

Seplat Energy Plc has called for prudent management of oil and gas assets in Nigeria in the country’s quest to drive growth in the energy sector and encourage expansion. The Chief Executive Officer, Seplat Energy, Mr. Roger Brown, gave t...

July 22, 2024 No Responses

Seplat Energy Concludes Media Training For Editors, Correspondents

Seplat Energy Plc has concluded the second phase of its media training programme for journalists and media practitioners in Nigeria. The second phase of the programme covers forty-five (45) Capital Market Editors/Correspondents as well as some Judi...

July 22, 2024 No Responses

Single Window: Shippers Council Seeks Stakeholders Collaboration

The Nigerian Shippers Council (NSC) has expressed its support for the National Single Window (NSW) Steering Committee as part of measures to promote effective operationalization of the platform. The Executive Secretary/Chief Executive Officer of NSC, Pius Akut...

July 22, 2024 No Responses

Zenith Bank Retains Position As Nigeria’s Number One Bank By Tier-1 Capital For Fifteen Consecutive Years

For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places...