City BusinessNews, Author at City Business News

November 1, 2016 No Responses

‘Onne Phase 4B Port facility begins operation soon’

Barring any unforeseen hitch, part of the new capacity being added at the Phase 4B area of the Onne Port Complex development Area in Rivers State will be put into commercial use soon, the Managing Director of Nigeria Ports Authority...

November 1, 2016 No Responses

CSR-in-Action partner MMSD, NNPC, NEITI on cohesive mineral development

CSR-in-Action, in partnership with the Federal Ministry of Mines and Steel Development (MMSD), Nigerian Extractive Industries Transparency Initiative (NEITI), the Nigerian National Petroleum Corporation (NNPC) and other stakeholders, is to hold its 5th Sustain...

November 1, 2016 No Responses

FG to adopt new ship finance model

Minister of Transport, Rotimi Amaechi has pledged the commitment of the Federal Government to adopt resolutions reached at the proposed Nigeria Ship Finance Conference. Speaking at a pre-event dinner in Lagos, Amaechi said: “I assure you that whatever dec...

November 1, 2016 No Responses

NIMASA inaugurates three per cent freight benchmark review committee

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has inaugurated a committee to review the parameters for charging the three percent freight benchmark currently collected by the Agency. He explaine...

November 1, 2016 No Responses

Ogun sacks labour leaders, 14 others

(NAN)Eleven days after Ogun workers embarked on an indefinite strike, government responded today with the dismissal of the state chairman of the Nigeria Labour Congress, NLC, Akeem Ambali, and the state chairman of Nigeria Union of Teachers, NUT, Dare Ilekoya....

November 1, 2016 No Responses

NSE Photo News

L – R shows Oscar N. Onyema, OON, President African Securities Exchanges Association (ASEA) and Chief Executive Officer, The Nigerian Stock Exchange (NSE) with Kevin Moore, Director Global Business Development, Chartered Institute for Securities & Inves...

November 1, 2016 No Responses

LCCI Photo News

From left – Inger Ultvedt, Ambassador of The Embassy of Sweden in Nigeria; Chief Dr. Mrs. Nike Akande, CON, President, Lagos Chamber of Commerce and Industry and Mrs Ann Linde, Minister for EU Affairs and Trade, Sweden, during the Networking...

October 31, 2016 No Responses

TUC faults Senate on amendments to CCB/CCT Act

The Trade Union Congress (TUC) of Nigeria at the weekend condemned amendments to the Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) Act by the National Assembly. In a statement titled: “Lawmakers: Self-Serving laws cannot...

October 31, 2016 No Responses

CBN to sanction fraudulent bank customers

Worried by reported cases of fraud, the Central Bank of Nigeria (CBN) is to put modalities in place to sanction fraudulent bank customers nationwide. Speaking at the October meeting of Nigeria Electronic Fraud Forum (NeFF) in Lagos, CBN Director,...

October 31, 2016 No Responses

NPA to fast-tracks rehabilitation of Lagos ports’ access roads

The Nigerian Ports Authority (NPA) is to fast-track the rehabilitation of ports’ access roads in Lagos as part of measures to ensure efficient service delivery. Speaking at an interactive session in Lagos, Managing Director of NPA, Hadiza Bala Usman explaine...

October 31, 2016 No Responses

FG reiterates commitment to improve business environment

The Federal Government has restated its commitment to removing the bureaucratic and other impediments to registering new businesses as part of efforts to encourage entrepreneurs and facilitate investments in the country. The Minister of Information and Cultu...

October 31, 2016 No Responses

Oshonaike reclaims African title

Olufunke Oshonaike has reclaimed her long lost African title at the ITTF African Senior Championships after beating Egypt’s Dina Meshref 4-2 in the final of the women’s singles. The Egyptian has been unbeaten in the last two years, but Oshonaike...

October 30, 2016 No Responses

Guinness Nigeria explains six per cent increase in revenue

Guinness Nigeria has announced 6 per cent increase in revenue for the first quarter of its financial year ended 30 September 2016. The company attributed the increase partly to contributions from its new mainstream and international premium spirits busi...

October 30, 2016 No Responses

Communique issued after the meeting of National Council on Information

The Meeting of the National Council on Information (NCI) was held at the Event Centre, Asaba, Delta State, fromThursday 27th to Friday 28th, October, 2016, with the theme: “Leveraging on Information and Digital Technology to Sustain the Change Agenda of...