Information – Page 150 – City Business News

April 1, 2024 No Responses

Pope Francis Urges Peace In Easter Message

Pope Francis urged the world to resist “the logic of weapons” in his Easter message at the Vatican on Sunday, easing growing health fears as he greeted thousands of Catholics. The 87-year-old’s “Urbi et Orbi” (To the City and the...

April 1, 2024 No Responses

2023: Okomu Oil Palm Reports 44% Profit Growth

For the 2023 financial year, Okomu Oil Palm Company Plc has reported a pre-tax profit of N33.84 billion, representing a 44% growth from N23.52 billion in 2022. According to the group’s audited financial statement for 2023, it recorded a revenue...

April 1, 2024 No Responses

APC Suspends Women Leader

For criticising Governor Uba Sani over the debt inherited from the previous administration, the Kaduna State chapter of the All Progressives Congress (APC) has suspended its Women Leader, Maryam Suleiman. In a suspension notice dated March 31, 2024 signed&nbsp...

March 31, 2024 No Responses

Obasanjo Charges Politicians On Sacrifice, Selflessness

The Edo State Governor, Mr. Godwin Obaseki, at the weekend played host to former President Olusegun Obasanjo with the ex-president charging political leaders on sacrifice and selflessness. Obaseki received Obasanjo who was on a courtesy visit at the Government...

March 31, 2024 No Responses

Kaduna: Sani Laments $587m, N85b Debt Burden

Kaduna State Governor, Sani Uba has disclosed that he inherited a debt burden of $587m, N85bn and 115 contractual liabilities from the immediate past administration of Nasir El-Rufai, lamenting that the huge debt has eaten deep into the state’s federal...

March 30, 2024 No Responses

With 260 Passengers, Air Peace CommencesDirect Flights To London

Nigerians have commended Air Peace for its successful inaugural flight from Lagos to London on Saturday, March 30, 2024, with a high figure of 260 passengers, marking the resumption of flight service since 2019 by an indigenous carrier to one...

March 30, 2024 No Responses

United Nigeria Airlines Celebrates Air Peace’s Inaugural Flight to London

Air Peace has made history with its inaugural flight from Lagos, Nigeria, to Gatwick, London, signaling a momentous leap forward for the Nigerian aviation industry. The significance of this milestone will be highlighted by the presence of the Chairman of...

March 30, 2024 No Responses

Catholic Bishop Urges Leaders, Nigerians To Emulate Christ’s Sacrifice

As Christians celebrate the crucifixion of Jesus Christ (Good Friday), the Bishop, Catholic Diocese of Oyo, Most Rev. Emmanuel Badejo, has urged leaders and Nigerians to emulate Christ’s sacrifice. Badejo made the remark in his Good Friday message made avail...

March 30, 2024 No Responses

Access Holdings Unveils $1.5b Capital Raising Programme

Access Holdings Plc has unveiled plans to establish a capital raising programme of up to $1.5 billion or its equivalent. In a statement on Friday, the corporation explained that drawing from the programme, the Group expected to raise up to...

March 30, 2024 No Responses

BGN, Others Secure $370m For Three New Gas Carriers

Swiss energy company BGN and Al Seer Marine, the UAE-based player across multiple marine sectors, have secured funding from several banks located in the Gulf region to support the construction of three very large gas carriers (VLGCs) in South Korea...

March 29, 2024 No Responses

TotalEnergies At 100, Reflects On Operations

With over 00,000 employees in 120 countries worldwide, TotalEnergies on Thursday, March 28th, 2024 celebrated its 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920...

March 29, 2024 No Responses

NDDC Visits Foreign Scholarship Students In UK

The Niger Delta Development Commission, NDDC, is demonstrating its commitment to ensuring optimal value from its renowned foreign postgraduate scholarship programme. To achieve this, the NDDC has embarked on a Monitoring and Evaluation (M&E) visit to...

March 29, 2024 No Responses

Minister Inaugurates NAIDP Implementation Committee

Following the approval of the new Nigerian Automotive Industry Development Plan (NAIDP) by the Federal Government in 2023, the Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr Doris Nkiruka Uzoka-Anite, on Thursday, in Abuja, inaugurate...

March 29, 2024 No Responses

CBN Increases Capital Base For Banks To ₦500b

The Central Bank of Nigeria (CBN) has increased new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500 billion. A circular signed by the Director, Financial Policy and Regula...