Information – Page 324 – City Business News

October 8, 2022 No Responses

Stakeholders Seek Infrastructure To Tap $9trn Maritime Resources

Stakeholders have urged the Federal Government to provide adequate infrastructure to tap the $9 trillion resources in the maritime industry. They explained in Lagos that adequate infrastructure was the only way one million jobs could be accessed by the jobless...

October 7, 2022 No Responses

SMEDAN Pledges To Push Nigeria’s Export Target To $35b

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), on Thursday in Abuja pledged to push Nigeria’s export target further to $35billion over the next five years. The Director-General of SMEDAN, Mr Olawale Fasanya said this at the closing....

October 7, 2022 No Responses

Kogi Moves To Recover Obajana Cement From Dangote

The Kogi Government on Thursday moved to recover Obajana Cement Plant from Dangote Company LimitedThe government’s resolution is contained in the report of the Specialised Technical Committee on the Evaluation of the Legality of the Alleged Acquisition of Ob...

October 7, 2022 No Responses

NGX Group Appoints Umaru Kwairanga New Chairman

The Board of the Nigerian Exchange Group (NGX Group) has appointed Dr Umaru Kwairanga as its new Chairman. The group, in a statement on Thursday in Lagos, said that Kwairanga’s appointment was approved at a meeting on Wednesday. Prior to...

October 7, 2022 No Responses

INEC Chairman Tasks Online Publishers On Fake News, Credible Polls

The Chairman, Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, on Thursday reiterated that votes cast by electorate would determine the outcome of the 2023 general elections Yakubu, who spoke at the 6th Annual Conference of the Gui...

October 6, 2022 No Responses

WHO Confirms 63 Ebola Cases, 29 Deaths

The World Health Organisation (WHO) has confirmed 63 cases of Ebola Virus infection, including 29 deaths in Uganda, calling for clinical trials of new vaccines in the country. WHO Director General, Dr Tedros Ghebreyesus, gave the confirmation at a news.....

October 6, 2022 No Responses

NLNG Reacts To N18.4b Compensation Reports For Host Communities

The management of Nigeria LNG Limited (NLNG) is evaluating the reported Senate resolution which mandated the company to pay host communities N18.4b compensation within two months. A statement issued on Wednesday by NLNG General Manager, External Rela...

October 6, 2022 No Responses

Employment Clinic Implores Maritime Operators On One Million Jobs Offer

To reduce unemployment in Nigeria, an advocacy group, Employment Clinic on Tuesday organised a stakeholders meeting where government agencies and private investors operating in the nations maritime industry brainstormed with thousands of unemployed youths to s...

October 6, 2022 No Responses

NGX Lists Geregu Power On Main Board

The Nigerian Exchange Ltd. (NGX) on Wednesday listed Geregu Power Plc on its main board with 2.5 billion ordinary shares at N100 per share under the utilities sector and electric power generation sub-sector of NGX. The News Agency of Nigeria...

October 5, 2022 No Responses

LNG: TotalEnergies Targets Top Position, Tô Expand Bunker Services

French energy giant, TotalEnergies is ramping up investments in Liquefied Natural Gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition....

October 5, 2022 No Responses

Access Bank To Acquire Majority Stake In Angolan-Based Finibanco

Access Holdings Plc, trading as Access Corporation, has announced its planned acquisition of a majority equity stake in Angolan-based Finibanco S.A by Access Bank Plc. The Company’s Secretary, Mr Sunday Ekwochi, in a statement on Tuesday explained tha...

October 5, 2022 No Responses

Ecobank Celebrate Customers’ Loyalty, Assures Of Sustained Excellent Service Delivery

The Managing Director, Ecobank Nigeria, Bolaji Lawal has lauded the bank’s customers over their continued patronage and dedication to the brand, assuring that the bank will continue to meet and surpass their expectations with product offerings...

October 5, 2022 No Responses

NPA Photo News

Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko (middle), Executive Director, Finance and Administration, Adenrele S. Adesina (right) and the General Manager, SERVICOM, Shehu Musa Yaro (left) during the celebration of the 2022 global Cus...

October 5, 2022 No Responses

ExxonMobil, Tata NYK Shipping Complete Biofuel Bunkering Operation

American oil and gas corporation ExxonMobil has completed a commercial bio-based marine fuel oil bunkering in the port of Singapore. On 26 September, Singapore-based Tata NYK Shipping, a joint venture of Tata Steel and NYK Line, deployed its Sagar series...