News Archives — Page 6 of 666 — City Business News

November 8, 2024 No Responses

Lawyers Fault Appointment Of New Accountant General In Edo

Lawyers under the aegis of Network of Edo Lawyers have criticised the appointment of new Accountant General by the outgoing administration of Godwin Obaseki. In a statemen on Thursday signed by Julius Ilenkhe, the group urged the Economic and Financial Crimes...

November 7, 2024 No Responses

NCDMB Unveils Bell Oil And Gas’ Pipe Threading Plant

A multi-million-dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsol...

November 7, 2024 No Responses

World Leaders Congratulate Trump

Following his victory at the just concluded presidential election on Wednesday, congratulatory messages have not stopped pouring in for the newly elected US President, Donald Trump Many leaders around the world have expressed their congratulations ...

November 6, 2024 No Responses

Lagbaja, Chief Of Army Staff Dies At 56

The Chief Of Army Staff, (COAS),Taoreed Lagbaja, is dead. He was 56.Lagbaja was appointed COAS by President Bola Tinubu on June 19, 2023.In a statement on November 6, Bayo Onanuga, special adviser on information and strategy to the president, said...

November 6, 2024 No Responses

Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Corporation has announced plans to increase its exploration holdings in African oil producers such as Nigeria and Angola. The company promised to ramp up its exploration efforts due to the anticipated potential for a production rebound in both countrie...

November 6, 2024 No Responses

Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks

The Nigerian Government has reaffirmed its commitment to go on with the $26 billion African Atlantic Gas Pipeline project in collaboration with Morocco, Mauritania, and the Economic Community of West African States (ECOWAS). Representatives of Nigeria ex...

November 6, 2024 No Responses

NDLEA Arrests 38 Suspects, Seizes 226kg Of Drugs

The Niger State Command of the National Drug Law Enforcement Agency (NDLEA) has reported significant progress in its fight against drug trafficking and abuse within the state. According to a statement issued by the Niger State Commandant of the NDLEA,...

November 5, 2024 No Responses

PETROAN Accuses Dangote Of Trying To Stifle Competition

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of ...

November 4, 2024 No Responses

Tinubu Swears In New Ministers

President Bola Tinubu on Monday assured Nigerians that his administration’s economic recovery plan was on the right path to realizing the nation’s dreams and aspirations.The President stated this at the State House while inaugurating seven new Minister...

November 4, 2024 No Responses

Quincy Jones, Music Titan Dies At 91

Quincy Jones, musician and producer who worked with Michael Jackson, Frank Sinatra and many others, is dead, aged 91.Jones’ publicist, Arnold Robinson, said he “passed away peacefully” on Sunday night at his home in Bel Air.“Tonight, with full but brok...

November 4, 2024 No Responses

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...

November 4, 2024 No Responses

NDLEA Seizes N4.5b Cocaine At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has curtailed efforts by members of an international drug syndicate operating between Brazil, Ethiopia and Nigeria to smuggle into Nigeria 845 wraps of cocaine weighing 18.72 kilogrammes through Murtala Muhammed...

November 4, 2024 No Responses

APC Sweeps All Chairmanship Positions In Nasarawa, Cross River

The All Progressives Congress (APC) has won all the chairmanship positions in the local government elections conducted in Nasarawa State and Cross River State on Saturday. In Nasarawa, the ruling party was declared the winner of the chairmanship poll in...

November 3, 2024 No Responses

FG Releases Funds For Payment Of NASU, Federal Retirees

The Federal Government has released funds for payment of withheld salaries of the Non-Academic Staff Union of Federal Universities (NASU). The Office of the Accountant General of the Federation (OAGF) made this known in a statement in Abuja. According to...