Minister – Page 37 – City Business News

May 25, 2024 No Responses

Lagos Pays N63b To 19,814 Retirees

The Administration of Governor Babajide Sanwo-Olu has paid over N63 Billion as pension benefits to 19,814 retirees of the State in the last five years. The Commissioner for Establishments and Training, Mr. Afolabi Ayantayo revealed this at the ongoing Y2024...

May 24, 2024 No Responses

NNPCL, Schlumberger Seal Upstream Operations Agreement

As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards ...

May 24, 2024 No Responses

FG To Increase Tax Collection Efficiency

Vice President Kashim Shettima says the Administration of President Bola Tinubu is targeting to increase the efficiency of tax collection in the country as he reassures Nigerians that there is no plan to impose more taxes on the citizens. He...

May 22, 2024 No Responses

Tinubu Appoints New FRSC Corps Marshal

President Bola Ahmed Tinubu has approved the appointment of ACM Shehu Mohammed as the Corp Marshal and Chief Executive Officer of the Federal Road Safety Commission (FRSC).This was contained in a letter of appointment signed by the Secretary to the...

May 22, 2024 No Responses

TotalEnergies Unveils Kaminho Deepwater Project

Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANP...

May 22, 2024 No Responses

CBN Raises Interest Rate To 26.25 %

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. Following a two-day meeting, the bank’s Monetary Policy Committee (MPC) agreed to increase the Monetary Policy...

May 22, 2024 No Responses

NDDC Boss Seeks Effective Stakeholders Collaboration

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has again called for effective collaboration of critical stakeholders in chanting new narratives in the Niger Delta region.Ogbuku, who stated this in his goodwill message ...

May 21, 2024 No Responses

Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has announced impressive financial performance at its 11th Annual General Meeting (AGM), the first since the Company went public, via a listing by introduction of its shares,...

May 21, 2024 No Responses

NDDC Inaugurates Edo Electricity Sub-Station

The Niger Delta Development Commission, NDDC, has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State.Speaking at the commissioning ceremony, the NDDC Managing Director...

May 20, 2024 No Responses

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio. BGT was founded in 1989 to provide...

May 20, 2024 No Responses

NIMASA CELEBRATES NIGERIAN WOMEN STAKEHOLDERS.

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, during the 2024 commemoration of the International Day for Women in Maritime in Lagos, commended the contributions of Nigerian women to the development...

May 19, 2024 No Responses

NDDC To Commission 92 Projects Worth N84b

The Niger Delta Development Commission, NDDC, will over the next two weeks commission 92 infrastructure projects executed at a cost of N84 billion across the nine mandates states in the region. The Commission’s Director, Corporate Affairs, Pius Ughakpoteni, ...

May 18, 2024 No Responses

Minister Congratulates Newly Elected APRA Executives

The Minister of Information and National Orientation, Mohammed Idris, has felicitated the newly elected Executive Council of the African Public Relations Association (APRA), elected at the 35th APRA Annual Conference and Annual General Meeting (AGM), which was...

May 18, 2024 No Responses

SIFAX Group Chairman Identifies Blue Economy Potential At LAUTECH Lecture

Dr. Taiwo Afolabi, Chairman, SIFAX Group, has identified coastal tourism and renewable energy generation as some of the potential areas of growth that Nigeria needs to take advantage of in developing its blue economy. Afolabi, while delivering the 16th&n...