Information – Page 289 – City Business News

February 20, 2023 No Responses

Contempt: Court Vacates Order Sentencing Fidelity Bank MD, Company Secretary

A Chief Magistrate Court sitting in Ikeja, Lagos State has vacated its ruling that convicted and sentenced the Managing Director and Company Secretary of Fidelity Bank Plc to six weeks in prison or a fine of Four Hundred Thousand Naira...

February 20, 2023 No Responses

Seaport, Maersk To Develop $346m logistics Park

Danish shipping giant, A. P. Moller – Maersk and Saudi Ports Authority (Mawani) have laid the foundation stone for a multi-purpose, environmentally friendly logistics park at Jeddah Islamic Port. The greenfield project spread over an area of...

February 20, 2023 No Responses

Okomu National Park: Logging Kingpin, Two Others Arrested

Logging Kingpin and two others have been arrested at Okomu National Park in Edo State. A statement issued on Sunday by the Public Relations Officer (PRO) of Nigeria National Park (NNP), Conservator of Park (CP), Emmanuel Ntuyang, said: “Following th...

February 18, 2023 No Responses

Minister Tasks Shippers’ Council On Port Community System

The Minister of Transportation, Mu’azu Sambo has urged the Nigerian Shippers’ Council (NSC) to establish a Port Community System (PCS) before the end of President Muhammadu Buhari-led administration. Sambo made the call when he paid a visit to the cou...

February 18, 2023 No Responses

Mikano Motors, Changan Auto Seal Partnership

As part of its ongoing expansion agenda, Mikano Motors has emerged sole representative of Changan Auto and distributor in Nigeria. City Business News reports that wth the addition of Changan (formerly distributed by another Nigerian dealer), Mikano Motor...

February 18, 2023 No Responses

NDDC Explores Growth Opportunities with International Seabed Authority

As part of efforts to collaborate with development agencies and organisations, the Niger Delta Development Commission (NDDC) has concluded plans to work with the International Seabed Authority (ISA). The NDDC Managing Director, Dr. Samuel Ogbuku, s...

February 18, 2023 No Responses

Photo News

Director, Special Duties (External Relations and Technical Cooperation) of the Nigerian Maritime Administration and Safety Agency (NIMASA), and representative of the NIMASA DG, Mr. Isichei Osamgbi making a presentation to the Nigerian Ambassador to São Tomé...

February 17, 2023 No Responses

Air Peace Begins India Operations March 31

Nigeria’s leading airline, Air Peace, has met with its travel agents preparation to the launch of Mumbai operations on March 31, 2023. The meeting, tagged Travel Agents Forum for Mumbai and Upcoming Routes, was attended by the airline’s top trave...

February 17, 2023 No Responses

VC Inaugurates UNICAL Radio

Vice Chancellor of the University of Calabar, Prof. Florence Obi, has formally inaugurated the Radio Unical International 103.5 FM. Radio Unical International is a dedicated terrestrial/digital Frequency Modulated (FM) radio station in the university, se...

February 17, 2023 No Responses

NAVY ARREST VESSEL, HANDS OVER TO NIMASA

The Nigerian Navy has handed over a Tanker vessel “MT Sea Eunice” which was arrested on August 11, 2022 to the Nigerian Maritime Administration and Safety Agency (NIMASA). The vessel is presently located along Escravos River, close to the...

February 16, 2023 No Responses

FEC Approves Electronic Cargo Tracking Scheme

The Federal Executive Council (FEC) has approved the introduction of an Electronic Cargo Tracking Note Scheme for the country. Briefing Journalists at the end of the Council meeting presided over by President Muhammadu Buhari on Wednesday in Abuja,&...

February 16, 2023 No Responses

Bidding Process For Benin Port Begins

The Federal Ministry of Transportation (FMOT) and the Nigerian Ports Authority (NPA) in collaboration with the Edo State Government, have called for bids for the development of the Benin Port (on an area of approximately 20 hectares) under a public-private...

February 16, 2023 No Responses

Lassa Fever: 13 Children, 7 Adults On Admission In Edo

The Edo State Commissioner for Health, Prof. Obehi Akoria, has said about 13 children and seven adults who were confirmed with Lassa fever in the state are still on admission at the Irrua Specialist Hospital (ISTH). The Commissioner who disclosed...

February 15, 2023 No Responses

TAJBank Lists 1st Corporate Sukuk Bond On NGX

TAJBank Ltd., Nigeria’s foremost non-interest bank, on Tuesday listed its Sukuk Bond on the floor of the Nigerian Exchange (NGX). The bank listed N10 billion Mudarabah Sukuk issuance after it successfully raised over N11.4 billion under its N100 billio...