Citybusinessnews Archives — Page 31 of 59

August 9, 2023 No Responses

MSC Makes Fresh Order For Ten LNG-Powered Containerships

The world’s largest container shipping firm MSC has returned to Chinese shipbuilder Zhoushan Changhong International Shipyard with an order for an additional ten LNG-powered containerships. The deal will see Zhoushan Changhong International Shipyard build ten LNG-powered behemoths each boasting a...

August 9, 2023 No Responses

ACAMB To Brainstorm On Marketing Financial Services In Dynamic Times

The Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communication professionals working in Deposit Money Banks (DMBs) in Nigeria, has announced Thursday, August 17, 2023, as the date for its 2nd National...

August 9, 2023 No Responses

NIMASA Hands Over Modular Floating Dock Site To Technical Partners

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA has handed over the leased site at the Continental Shipyard Limited (CSL) of the Nigerian Ports Authority to the technical partners, Melsmore. A statement issued by NIMASA e...

August 8, 2023 No Responses

Toyota Nigeria Rolls Out Lubricant

Toyota Nigeria Limited (TNL) has launched a lubricant called Toyota Genuine Motor Oil into the nation’s market. According to the Managing Director, Toyota Nigeria Limited, Mr Kunle Ade-Ojo, the Toyota Genuine Motor Oil manufactured by Idemitsu of Japan, ...

August 1, 2023 No Responses

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...

August 1, 2023 No Responses

Kia Sportage SUV Marks 30th Anniversary, Delivers 7m Units

Kia has marked three decades of its popular Sportage compact SUV with the launch of a new 30th Anniversary Special Edition in the Korean market. Upon its inception in 1993, the Sportage has left an indelible mark on the automotive industry. ...

August 1, 2023 No Responses

NDDC Seeks Sustainable Partnerships

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, says that the Commission needs sustainable partnerships that will enhance the lives of the people and contribute to the development of the Niger Delta region.Speaking when...

July 31, 2023 No Responses

Govt Earmarks N75 Billion To Strengthen Manufacturing Sector

The federal government has concluded plans to disburse N75 billion to strengthen the nation’s manufacturing sector. Disclosing this during his address to Nigerians on Monday, President Bola Tinubu said the money will be spent between July 2023 to March 2024....

July 31, 2023 No Responses

After Darkness Comes The Glorious Dawn: Being Text Of President Tinubu’s Address To Nigerians

My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. 2. I...

July 30, 2023 No Responses

Transcorp Attains N82.1b Revenue In Six Months

Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced its financial results for the first half of the year ended June 30, 2023, recording growth across all...

July 27, 2023 No Responses

Photo News

Acting Comptroller General of Nigeria Customs Service (NCS), Adewale Adeniyi (Right) and Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Ali Biu, at the national headquarters of FRSC on Thursday.

July 27, 2023 No Responses

Acting Customs CG Visits FRSC, Harp On Collaboration

As part of measures to enhance national security and curb revenue loss, the Federal Road Safety Corps (FRSC) and Nigeria Customs Service (NCS) have commenced an intensive vehicle database integration of the two government agencies. A statement issued by Assist...

July 27, 2023 No Responses

Four Contenders Join Race For HMM’s $3.9b Privatization

Four bidders have thrown their hats in the ring for the privatization of HMM, Korea’s largest shipping company, as the government seeks to divest a controlling stake valued at 5 trillion won ($3.9 billion). HMM Co Ltd, formerly Hyundai Merchant...

July 27, 2023 No Responses

Wike, El-Rufai, Umahi, Others Make Ministerial List

President Bola Tinubu through his Chief of Staff, Femi Gbajabiamila, on Thursday presented ministerial list before the Senate. Gbajabiamila presented the list to Senate President Godswill Akpabio at exactly 01:19 pm. Akpabio thereafter read the m...