NNPC adopts 24 hour depot, retail services

NNPC adopts 24 hour depot, retail services

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.  NNPC Chief Operating Officer, Ventures and Chairman of the...
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Obaseki inaugurates traditional council

Obaseki inaugurates traditional council

The Benin Monarch, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Ewuare II, has thrown his weight and that of the Edo State Traditional Council behind the fight against illegal migration and human trafficking, which have claimed the lives of thousands of...
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CBN injects $210m into currency market

CBN injects $210m into currency market

The Central Bank of Nigeria (CBN)  said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.  In a statement, the bank said it had released 100...
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Kia Stinger debuts 2018 in Nigeria

Kia Stinger debuts 2018 in Nigeria

Kia stinger is to debuts 2018 in Nigeria. Kia Stinger according to a statement represents a number of firsts for Kia Motors.     To ensure smooth and stable driving performance, Kia has paid special attention to fine-tuning the suspension of...
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NIMASA secures seatime training for 289 cadets in Egypt, UK

NIMASA secures seatime training for 289 cadets in Egypt, UK

By citybusinessnews@yahoo.com  –       The Nigerian Maritime Adminstration and Safety Agency (NIMASA) has concluded arrangement  for 289 cadets to proceed to Egypt and the United Kingdom between this month and January 2018 for seatime training in O...
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Reps at NLNG’s Bonny Plant, lauds CSR initiatives

Reps at NLNG’s Bonny Plant, lauds CSR initiatives

The management of Nigeria LNG (NLNG) Limited, on Monday, received a delegation of the House of Representatives Committee on Gas Resources led by its Chairman, Hon Frederick Y. Agbedi.   According to a statement, the visit provided good opportunity for...
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INTELS wins Nigerian Shippers’ Council CSR award

INTELS wins Nigerian Shippers’ Council CSR award

Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited has been conferred with the award of the “Most Outstanding Terminal Operator in Corporate Social Responsibility” by the Nigerian Shippers’ Council (NSC), which is a Federal Governmen...
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Market capitalisation depreciates by N120b

Market capitalisation depreciates by N120b

Transactions on the floor of Nigerian Stock Exchange (NSE) on Monday commenced on a negative note as market capitalisation which opened at N13.672 trillion dropped by N120 billion or 0.89 per cent to close at N13.913 trillion.   Also, the All-Share...
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Ford to test Internet sales models

Ford to test Internet sales models

Ford Motor Company is using the world’s largest vehicle market as a test bed for alternatives to traditional dealer showrooms.   The automaker last week announced a partnership with Alibaba Group Holding to explore cooperation on, among other things, th...
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Dakuku: Nigeria spent ‘less than N100m’ on IMO election campaigns

Dakuku: Nigeria spent ‘less than N100m’ on IMO election campaigns

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday in Lagos identified late preparations as a major factor responsible for the inability of Nigeria to secure a seat in the category ‘C’ of International Maritime Organisation (IMO).  ...
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Doctor faces trial for having sex with patients

Doctor faces trial for having sex with patients

A 63-year-old doctor accused of having sex with his patients went on trial in the Southern German state of Bavaria on Monday, the prosecution said. The prosecution alleged that the physician who was not been identified under Germany’s strict privacy...
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Capital market operators implore CBN, SEC on single license

Capital market operators implore CBN, SEC on single license

Capital market operators at the weekend in Lagos called on the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant them single dealing license to access discount window.    Speaking at the 2017 annual conference...
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NIMASA to partner defence agencies on research, development

NIMASA to partner defence agencies on research, development

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that the Agency is ready to partner with the Defence Research and Development Bureau for the growth of the Nigerian maritime sector.   .....
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Edo farmers, investors to get N500m Agric Credit

Edo farmers, investors to get N500m Agric Credit

To provide guarantee for agribusiness investments in the state, the Edo State Government has partnered the Central Bank of Nigeria (CBN)  to set up a N500 million Commercial Agricultural Credit Scheme (CACS). Governor of Edo State, Mr. Godwin Obaseki, reveale...
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