Tag: News

NAVY ARREST VESSEL, HANDS OVER TO NIMASA 
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 Aroton community.    The...
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Buhari’s Speech on Currency Swap  
February 16, 2023 No Responses

Buhari’s Speech on Currency Swap  

My Dear Compatriots,   I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance the fight against corruption...
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FEC Approves $53.1m For Electricity Conductors
February 16, 2023 No Responses

FEC Approves $53.1m For Electricity Conductors

The Federal Executive Council (FEC) has approved $53.1 million and N2.1billion as local component for the procurement and installation of electricity conductors to boost power supply across the country.   Minister of Power, Abubakar Aliyu, made this known...
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FEC Approves Electronic Cargo Tracking Scheme  
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,&...
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Bidding Process For Benin Port Begins 
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...
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Lassa Fever: 13 Children, 7 Adults On Admission In Edo
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...
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TAJBank Lists 1st Corporate Sukuk Bond On NGX 
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...
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Fishermen Lament Cash Crunch, Fuel Scarcity
February 15, 2023 No Responses

Fishermen Lament Cash Crunch, Fuel Scarcity

Artisanal fishermen operating along the Atlantic coastline in Niger Delta on Tuesday lamented the hardships they had been facing as Central Bank of Nigeria (CBN) cashless policy cripple their vocation.  Niger Delta Coordinator, Artisanal Fishermen Associa...
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Hyundai Records 306,296 Sales In January
February 15, 2023 No Responses

Hyundai Records 306,296 Sales In January

Hyundai Motor Company has announced its January 2023 global sales of 306,296 units, a 8.4 percent increase over last year.  City Business News report that despite the continued uncertainties in the business environment, Hyundai global sales have grown ste...
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UBTH Conducts First Open Heart Surgery
February 15, 2023 No Responses

UBTH Conducts First Open Heart Surgery

The Chief Medical Director (CMD), University of Benin Teaching Hospital, Prof. Darlington Obaseki, has disclosed that the hospital conducted its first open heart surgery in January.  Obaseki said this on Tuesday in Benin, at the 50 per cent subsidised spe...
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SNEPCo’s Bonga FPSO Hits 1b Barrel Milestone
February 14, 2023 No Responses

SNEPCo’s Bonga FPSO Hits 1b Barrel Milestone

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a one-billion-barrel oil export mark on Monday.  The Managing Director, Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Mrs Elohor Aiboni, explained in a statement t...
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Ports & Cargo Launches Graduate Training Scheme
February 14, 2023 No Responses

Ports & Cargo Launches Graduate Training Scheme

Ports & Cargo Handling Services Ltd. (PCHS), a subsidiary of SIFAX Group has inducted 25 young engineers into its newly-established Graduate Trainee Programme.  Managing Director, PCHS, Mr John Jenkins, in  a statement on Monday explained th...
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AGAIN, SAHCO EMERGES BEST PASSENGER CHECK-IN COMPANY 
February 14, 2023 No Responses

AGAIN, SAHCO EMERGES BEST PASSENGER CHECK-IN COMPANY 

For the second time in a row, Skyway Aviation Handling Company (SAHCO) Plc  has been voted the Best Passenger Front Desk Check-In Company of the Year at the 12th edition of the Nigeria Aviation (NIGAV) Award.   City Business News reports th...
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FG To Unveil Carbon Tax  
February 14, 2023 No Responses

FG To Unveil Carbon Tax  

The federal government has concluded plans to unveil a carbon tax policy and budgetary system to enhance revenue generation in the country.  The Director-General of the National Council on Climate Change (NCCC), Salisu Dahiru, made this known on Monday wh...
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