Citybusinessnews Archives — Page 52 of 76

June 17, 2023 No Responses

Sanwo-Olu, SEC, NGX, IFC Renews Call For Gender-Focused Initiatives

The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) have all renewed calls for more gender-focused initiatives that will create increased opportunities for women in leadership,...

June 17, 2023 No Responses

Nigeria, Morocco, Others Sign GAS Pipeline Project Agreements

The management of Nigerian National Petroleum Company Limited (NNPCL) has signed four significant agreements related to the Nigeria-Morocco gas pipeline project. The NNPCL in a statement issued on Friday by Garba Deen Muhammad, the chief corporate communicatio...

June 17, 2023 No Responses

PHOTO NEWS

June 16, 2023 No Responses

Consortium To Develop Zero-Emission Tugs

United Kingdom (UK) shipbuilder Harland & Wolff has joined forces with Macduff Ship Designers, Kongsberg Maritime and Echandia, to create a UK consortium with a common vision to develop and build a zero emissions harbour and coastal tug. World Maritime...

June 16, 2023 No Responses

Tinubu Appoints Eight Special Advisers

President Bola Tinubu has appointed eight new Special Advisers. This is contained in a statement issued on Thursday by Abiodun Oladunjoye, Director of Information, State House. Oladunjoye explained that the appointments are with immediate effect. He said that ...

June 16, 2023 No Responses

Stanbic IBTC Appoints Yinka Sanni Non-Executive Director 

The Board of Directors, Stanbic IBTC Holdings Plc has appointed Mr Yinka Sanni as a Non-Executive Director. In a notice to the Nigerian Exchange Limited (NGX) signed by Chidi Okezie, the Company Secretary, Stanbic IBTC Ho...

June 16, 2023 No Responses

Seplat Energy Appoints Chioma Afe Director External Affairs And Sustainability

The Board and Management of Seplat Energy Plc has appointed Mrs. Chioma Y. Afe as the Director, External Affairs and Sustainability effective June 15th 2023. A statement sent to City Business News explained that Chioma is an accomplished strategic Se...

June 16, 2023 No Responses

Edo Modular Refineries Hit 300,000 bbls Crude Order

Duport Midstream Company Limited (DMCL), which operates the 2500 barrels per day (bpd) modular refinery in Egbokor, Orhionmwon Local Government Area of Edo State, has placed an order for 100,000 barrels of crude (bbls) from Oza oil OML 11, operated...

June 15, 2023 No Responses

DSS Invites Suspended EFCC Chairman

The Department of State Services (DSS) has invited Abdul Rasheed Bawa, the suspended Chairman of the Economic and Financial Crimes Commission (EFCC), for questioning. The invitation according to the spokesman of the Department of State Services, Peter Afunanya...

June 15, 2023 No Responses

NCDMB Backs Confab On Local Content Implementation In Insurance Industry

The Nigerian Content Development and Monitoring Board, NCDMB, has accepted to lead discussion at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and Oil and Gas Sector. Executive Secretary of the Board, Simbi Kesiy...

June 15, 2023 No Responses

CBN Explains Unification Of All Exchange Rate Windows

In a bid to improve liquidity and stability, the Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex market collapsing all windows into one. According to a press statement signed by the Director of...

June 15, 2023 No Responses

COSCHARIS PRESENTS PRODUCTS AT LAGOS MOTOR FAIRi

Coscharis Motors, a subsidiary of Coscharis Group and the exclusive franchisee of the Ford brand in Nigeria excited automobile enthusiasts and customers at the recently held 2023 Lagos Motor Fair and Autoparts Expo, which took place in Lagos. Coscharis’s par...

June 15, 2023 No Responses

Fitch Affirms Fidelity Bank Ratings with Stable Outlook

Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report. The global rating agency also upgraded the bank’s National Short-Term Rating to ‘F1+(nga)’ from ‘F1(nga)’. It said...

June 14, 2023 No Responses

Samsung Gets $518m Contract For Two LNG Carriers

South Korean shipbuilding company, Samsung Heavy Industries (SHI) has received an order to construct two liquified natural gas (LNG) carriers. World Maritime News report that the South Korean heavyweight signed the contract with an undisclosed shipowner f...