Tag: News

Okomu Oil Pledges More CSR Projects To Host Communities  
November 25, 2022 No Responses

Okomu Oil Pledges More CSR Projects To Host Communities  

The Management of Okomu Oil Palm Company Plc has reiterated its commitment to provide host communities with the necessary Corporate Social Responsibility’s ( CSR) projects as part of measures to sustain existing cordial relationships.    The Managing Director of the company,...
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Maersk Settles Sexual Assault Litigation 
November 25, 2022 No Responses

Maersk Settles Sexual Assault Litigation 

Maersk Line Limited (MLL), a wholly-owned subsidiary of A.P. Moller – Maersk, has settled litigation with Hope Hicks, a former midshipman on the Maersk Line’s ship Alliance Fairfax, filed against the company in New York Supreme Court in June for...
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Oil Muted As Price Cap Proposal Eases Supply Concerns
November 25, 2022 No Responses

Oil Muted As Price Cap Proposal Eases Supply Concerns

Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how much...
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CAC: AGMs By Proxies To Cease From Jan 1, 2023
November 25, 2022 No Responses

CAC: AGMs By Proxies To Cease From Jan 1, 2023

Guidelines on use of proxies by public companies for Annual General Meetings (AGMs) will cease to apply from January 1, 2023, the Corporate Affairs Commission (CAC) has said.  The CAC Registrars-General (RG), A.G Abubakar, said this at one-day Independent...
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Dana Air Resumes Abuja To Owerri, Enugu Flights Dec 9 
November 25, 2022 No Responses

Dana Air Resumes Abuja To Owerri, Enugu Flights Dec 9 

Dana Air has announced the resumption of its Abuja to Owerri, Enugu service from December 9, 2022.   A statement sent to City Business News by spokesman of Dana Air read: ”We are gradually opening our prime routes to offer superior options...
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Buhari Tasks Corporate Leaders On Ethics, Technology  
November 24, 2022 No Responses

Buhari Tasks Corporate Leaders On Ethics, Technology  

President Muhammadu Buhari has tasked leaders of corporate organisations to build the capacity of Nigerian youths to be innovative and embrace technology to make positive contributions to their organisations and the nation.   The president, represent...
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<strong>Air Peace Resumes Uyo Operations With N50,000 Fare  </strong>
November 24, 2022 No Responses

Air Peace Resumes Uyo Operations With N50,000 Fare  

West and Central Africa’s largest carrier, Air Peace, has announced the resumption of its Uyo service on December 1, 2022.    A statement sent to City Business News on Thursday by      Spokesperson for Air Peace,   Stanley Olisa...
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Adeleke Faults Appointment Of 30 Permanent Secretaries By Outgoing Gov Oyetola
November 24, 2022 No Responses

Adeleke Faults Appointment Of 30 Permanent Secretaries By Outgoing Gov Oyetola

Out-going Governor of Osun State, Gboyega Oyetola on Thursday approved the appointment of 30 Permanent Secretaries to fill existing vacancies in the state’s civil service.   In a swift reaction, the Governor-Elect, Sen. Ademola Adeleke, said any Coordin...
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Ex-SGF, Babachir Lawal’s Group Endorses Peter Obi For 2023  
November 24, 2022 No Responses

Ex-SGF, Babachir Lawal’s Group Endorses Peter Obi For 2023  

A group coordinated by former Secretary to the Government of the Federation (SGF), Mr Babachir Lawal, has  endorsed presidential candidate of Labour Party (LP), Mr Peter Obi, as its preferred candidate for 2023 poll.   In a statement released in...
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FRSC To Sanction Fleet Operators Over Safety Standards’ Violation  
November 24, 2022 No Responses

FRSC To Sanction Fleet Operators Over Safety Standards’ Violation  

The Federal Road Safety Corps (FRSC) has warned fleet operators against contravening road transport safety standard.   The FRSC Acting Corps Marshal, Dauda Biu, who gave the warning at the opening of the 2022 Annual Safety Managers Retreat on Thursday...
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Edo Receives N2.1b As Oil Derivation Fund 
November 24, 2022 No Responses

Edo Receives N2.1b As Oil Derivation Fund 

The Edo State Government received only N2.1 billion from the N28b that accrued to the state as 13 percent oil derivation fund for oil-producing states.  Edo State Commissioner for Budget and Finance, Mr. Joseph Eboigbe, disclosed this while briefing journalis...
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Photo News
November 24, 2022 No Responses

Photo News

L – R shows Dr Riccardo Ambrosini, Lead, Climate Finance Africa, International Finance Corporation (IFC); Kalim M. Shah Senior Country Manager, IFC ( Nigeria, Sierra Leone and Liberia); Mr. Temi Popoola, CEO, Nigerian Exchange Limited (NGX) and Dr. Iniobong ...
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Samsung Secures $1.08b Deal For Five LNG Carriers 
November 24, 2022 No Responses

Samsung Secures $1.08b Deal For Five LNG Carriers 

South Korean shipbuilder Samsung Heavy Industries (SHI) has received orders for the construction of five liquefied natural gas (LNG) carriers.  Already, the South Korean shipbuilder signed a shipbuilding contract with an undisclosed shipowner in Oceania.&...
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IMO Scribe Inaugurates New NIMASA Headquarters
November 23, 2022 No Responses

IMO Scribe Inaugurates New NIMASA Headquarters

The Secretary General, International Maritime Organization (IMO), Mr. Kitack Lim on Tuesday commissioned the ultra-modern headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA), located at Victoria Island, Lagos State.   Spea...
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