Economy – Page 196 – City Business News

April 12, 2023 No Responses

Shell, HPA To Explore Decarbonising Ports Through Vessel Electrification

Shell Marine and Hamburg Port Authority (HPA) have signed Memorandum of Strategic Partnership (MSP) to explore decarbonizing ports through areas such as vessel electrification and the development of charging networks. World Maritime News report that the agreem...

April 12, 2023 No Responses

Oil Palm: Experts Seek Increased Investment

Agriculture experts have called for more investment in oil palm production to enhance the growth and development of the sector. They said this in separate interviews with the News Agency of Nigeria (NAN) on Tuesday in Lagos. The experts spoke...

April 11, 2023 No Responses

FG Signs Agreement To Re-Concession Lagos Trade Fair Complex

The Bureau of Public Enterprises (BPE) has signed a tripartite agreement to commence the re-concession of the Lagos International Trade Fair Complex (LITFC). A statement issued on Monday by BPE’s Head of Public Communications, Amina Tukur, explained that the...

April 9, 2023 No Responses

Easter: Prices Of Foodstuff Skyrocket In Enugu Major Markets

The prices of most foodstuffs have significantly increased in major markets within Enugu metropolis this Easter, the News Agency of Nigeria (NAN) reports. A market survey conducted by a NAN correspondent on Saturday in Enugu markets revealed that prices of...

April 6, 2023 No Responses

Stock Market Investors Lose N553b

The domestic equity market on Wednesday recorded its third consecutive loss in the week, bringing down the benchmark Index by 1.88 per cent as investors sold off Airtel Africa and 13 others. The All Share Index (ASI) decreased by 1,016.42...

April 4, 2023 No Responses

DMO Offers April FGN Savings Bonds

The Debt Management Office (DMO), on Monday offered two Federal Government of Nigeria (FGN) Savings Bonds for the month of April at N1,000 per unit. According to the DMO, the first offer is a two-year FGN Savings Bond due in...

April 2, 2023 No Responses

NPA At Enugu Trade Fair, Explains Lekki Seaport Potentials, Job Opportunities

The Lekki multi-purpose seaport is expected to generate more than 170,000 direct and indirect jobs for Nigerians, the Nigerian Ports Authority (NPA), has reiterated. The Lekki Deep Seaport was commissioned for operations by President Muhammadu Buhari on ...

March 31, 2023 No Responses

Air Peace Launches Nonstop Flights To India

West and Central Africa’s leading airline, Air Peace, in its characteristic way of setting aviation records, achieved another first on March 31, 2023, by launching direct, nonstop flight services to Mumbai, the capital city of Maharashtra State in Southweste...

March 31, 2023 No Responses

Ashok Leyland, Stallion Motors Unveil Phoenix

Ashok Leyland, flagship of the Hinduja Group, along with Stallion Motors, its Exclusive Distributor in Nigeria for over a decade, launched the successful light commercial vehicle, Phoenix in Lagos, for Nigeria market.A statement explained that the exclusive na...

Warning: Undefined variable $image in /home/citybus3/public_html/wp-content/themes/easymag/functions.php on line 447

Warning: Trying to access array offset on value of type null in /home/citybus3/public_html/wp-content/themes/easymag/functions.php on line 447

March 31, 2023 No Responses

Experts Explore 25 Tomato, Pepper Seed Varieties In Nigeria

Agricultural experts at Prime Agro Seed in collaboration with Netherland-based agro solutions firm, PROFYTA, have commenced trial of 25 tomato and pepper seed varieties as part of measures to boost production. Speaking at a seed exhibition event on Frida...

March 31, 2023 No Responses

Okomu Oil Task Communities On Project Maintenance

By Moses Ebosele, ebosele@hotmail.com — Okomu Oil Palm Company Plc has trained executive members of neighbouring communities on how to manage projects situated in their respective communities effectively. The Acting Managing Director of the Company, Mr ...

March 30, 2023 No Responses

Capital Market Gets Major Boost As Senate Passes Investments Bill

The nation’s capital market received a major boost Wednesday as the Senate of the Federal Republic of Nigeria passed into law, the Investments and Securities Bill 2023. The Bill which is expected to aid the functioning of the capital market and...

March 29, 2023 No Responses

Cadbury Nigeria Declares N55.2b Gross Earnings For 2022

Cadbury Nigeria Plc, a subsidiary of Mondelēz International, recorded gross earnings of N55.21 billion for the full year ended December 31, 2022. The turnover represents 30 per cent growth when compared to the N42.37 billion posted in the same period in....