Tag: News

STOAN Chairman, Haastrup Mourns Kunle Folarin 
November 11, 2022 No Responses

STOAN Chairman, Haastrup Mourns Kunle Folarin 

The Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup has commiserated with the family of late Otunba Kunle Folarin who died in Lagos on Tuesday at the age of 82.   Until his death, Otunba Folarin was the...
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Reps probe 115 MDAs Over Alleged N600b Extra-Budgetary Expenditures
November 10, 2022 No Responses

Reps probe 115 MDAs Over Alleged N600b Extra-Budgetary Expenditures

The House of Representatives Committee on Public Accounts (PAC) has commenced a probe of how 115 Ministries, Departments and Agencies (MDAs) of Government incurred over N600billion  extra-budgetary expenditures on Salary and wages.  The Chairman of the commi...
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<strong>Road Accidents Decline By 1.88 Per Cent In Q2 </strong>
November 10, 2022 No Responses

Road Accidents Decline By 1.88 Per Cent In Q2 

The number of road accidents in Q2 of 2022 reduced by 1.88 per cent when compared with Q1 of 2022, the National Bureau of Statistics (NBS), has said.   NBS in its Road Transport Data Q2 2022 Report released in Abuja...
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NPC Budgets N532.7b For 2023 Census
November 10, 2022 No Responses

NPC Budgets N532.7b For 2023 Census

The National Population Commission (NPC) has budgeted N532.7billion for the conduct of the 2023 National Housing and Population Census in April 2023.Alhaji Nasir Kwarra, the Chairman, NPC, said this at the 2023 budget defence before the Senate Committee on Nat...
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Access Bank Budgets $1b To Boost SMEs In Africa
November 10, 2022 No Responses

Access Bank Budgets $1b To Boost SMEs In Africa

Access Bank Plc is investing a billion dollars to boost 10 million Small and Medium Enterprises (SMEs) in Africa over the next five years. Mr Seyi Kumapayi, the Executive Director in charge of African subsidiaries said this on the sidelines...
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Investors Gain N9b On NGX 
November 10, 2022 No Responses

Investors Gain N9b On NGX 

The Nigerian Exchange (NGX) on Wednesday recorded N9 billion gain due to price appreciation in Dangote Cement and some tier-one banking stocks.  The primary drivers of the market were Dangote Cement, Guaranty Trust Holding Company (GTCO), Zenith Bank and Unit...
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<strong>NDIC Invites Depositors Of Liquidated Banks For Verification, Claims Settlement </strong>
November 9, 2022 No Responses

NDIC Invites Depositors Of Liquidated Banks For Verification, Claims Settlement 

The Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, has asked depositors, creditors and shareholders of 20 liquidated banks to avail themselves of its verification platforms to claim their funds.  Hassan, who made the cal...
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Agusto Upgrades EDC Nigeria Money Market Fund Rating
November 9, 2022 No Responses

Agusto Upgrades EDC Nigeria Money Market Fund Rating

Pan- African credit rating agency, Agusto & Co has upgraded the rating of EDC Nigeria Money Market Fund (‘EDC MMF’ or ‘the Fund’) to A(f). Funds rated ‘A(f)’ are deemed to have low to moderate exposure to downside risk, impairment...
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DAPPMAN Photo News
November 9, 2022 No Responses

DAPPMAN Photo News

L-R: Mr. Chris Igwe, Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) Financial Secretary / MD-CEO; Mainland Oil and Gas Ltd; Barr. Ikem Ohia, Secretary – DAPPMAN Governing Council; Dame Winifred Akpani, DAPPMAN Cha...
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NPA Photo News
November 9, 2022 No Responses

NPA Photo News

Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko (Left) presenting the Authority’s plaque to the President of World Maritime University, Malmo, Sweden,  Dr. Cleopatra Doumbia-Henry during a working visit to NPA headquarters in Lagos.
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WMU Lauds NIMASA On Gender Inclusiveness, Capacity Development
November 9, 2022 No Responses

WMU Lauds NIMASA On Gender Inclusiveness, Capacity Development

The Nigerian Maritime Administration and Safety Agency (NIMASA) has been commended for its policies of gender equality which have manifested in both the number of women employed by the Agency as well as those sponsored for capacity development in country...
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Kia Nigeria, India Golf Foundation Seal 2022 Cup Partnership 
November 9, 2022 No Responses

Kia Nigeria, India Golf Foundation Seal 2022 Cup Partnership 

Kia Nigeria has sealed partnership deal  with the India Golf Foundation for the 2022 India Cup with Kia Sonet Sports Utility Vehicle (SUV) as the star prize  A statement sent to City Business News explained that the Indian Cup, organized by...
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Daewoo Secures $252m Contract For One LNG Carrier
November 9, 2022 No Responses

Daewoo Secures $252m Contract For One LNG Carrier

South Korean shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME) has secures contract to build one liquefied natural gas (LNG) carrier. The contract, worth $252 million, was signed with an undisclosed shipowner from Oceania on 7 October, DSME said...
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QatarEnergy, MISC, Seal Five New LNG Carrier Deals 
November 9, 2022 No Responses

QatarEnergy, MISC, Seal Five New LNG Carrier Deals 

Qatar’s state-owned oil and gas company, QatarEnergy has awarded long-term charter contracts to Malaysian energy logistics group MISC Berhad and its consortium partners for additional five newbuild Liquefied Natural Gas (LNG) carriers  MISC’s con...
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