Author: City BusinessNews

APM Terminals Apapa Handles 8.1m TEUs Of Containers
December 20, 2021 No Responses

APM Terminals Apapa Handles 8.1m TEUs Of Containers

APM Terminals Apapa, handled more than 8.1 million Twenty Equivalent Units (TEUs) of containers in the past 15 years.  A statement issued by Manager, Mr Steen Knudsen, explained that container volumes increased by an average of 23 per cent annually...
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NIMASA Renews Stevedoring Rates
December 20, 2021 No Responses

NIMASA Renews Stevedoring Rates

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reduced Offshore Cargo Handling and Operations and stevedoring rates. The Director-General, Dr Bashir Jamoh, stated in Lagos on Sunday that it was in furtherance of its efforts to mitigate the...
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Buhari Tasks Nigerian Varsities On Cure For COVID-19
December 19, 2021 No Responses

Buhari Tasks Nigerian Varsities On Cure For COVID-19

President Muhammadu Buhari on Saturday tasked Nigerian universities to come up with a cure for Coronavirus (COVID-19)  Represented by Mr John Mairafi, a Director with the National Universities Commission (NUC), Buhari gave the charge in Oye-Ekiti, at the ...
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Buhari Greets Oil Magnate, Leemon Ikpea At 65
December 19, 2021 No Responses

Buhari Greets Oil Magnate, Leemon Ikpea At 65

President Muhammadu Buhari on Saturday congratulated oil and gas investor, Dr Leemon Ikpea, as he turns 65 on Sunday.  His media aide, Mr Femi Adesina, said in a statement that the president rejoiced with the Ikpea family on the milestone,...
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First Bank Unveils 2021 DecemberIssaVybe Campaign
December 19, 2021 No Responses

First Bank Unveils 2021 DecemberIssaVybe Campaign

In the spirit of providing enabling opportunities for families of its customers and other stakeholders to come together to celebrate, live better and achieve their dreams, FirstBank through its yearly DecemberIssaVybe campaign has unveiled the 2021 calend...
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IPI Elections: Buhari Congratulates Premium Times E-I-C, Daily Trust GM
December 19, 2021 No Responses

IPI Elections: Buhari Congratulates Premium Times E-I-C, Daily Trust GM

President Muhammadu Buhari has congratulated the Editor-in-Chief/Chief Operating Officer of Premium Times Nigeria, Musikilu Mojeed, who emerged the President of the Nigeria chapter of the International Press Institute (IPI).  President Buha...
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Volleyball Premier: Customs Beats COAS Babes 3-0
December 19, 2021 No Responses

Volleyball Premier: Customs Beats COAS Babes 3-0

The Nigeria Customs Service (NSC) Babes has defeated COAS Babes 3-0 to continue their unbeatable race on matchday seven in the female category at the ongoing final phase of the 2021 Nigeria Volleyball Premier League in Abuja.   The News Agency of...
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WHO Approves Covovax Vaccine For Emergency Use
December 18, 2021 No Responses

WHO Approves Covovax Vaccine For Emergency Use

The World Health Organisation (WHO) on Friday approved the Covovax vaccine for Emergency Use Listing (EUL), elevating to nine the number of immunisations approved to fight the Coronavirus (COVID-19) pandemic.  The vaccine is produced by the Serum Institut...
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NDDC: Stakeholders Demand Prosecution Of Erring Contractors
December 18, 2021 No Responses

NDDC: Stakeholders Demand Prosecution Of Erring Contractors

Stakeholders in Niger Delta on Friday applauded the Federal Government for the recently concluded forensic audit of the Niger Delta Development Commission (NDDC).   The stakeholders, who spoke at a Consultative Forum on Strengthening NDDC-Citizens Re...
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Hyundai Appoints New MD For India
December 18, 2021 No Responses

Hyundai Appoints New MD For India

South Korean auto major, Hyundai Motor Company, on Friday appointed Unsoo Kim as the new Managing Director of its India operations with effect from January 1, 2022.  A statement explained that Unsoo Kim, currently with the parent company in...
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United Nigeria Airlines Begin Flights To Anambra
December 18, 2021 No Responses

United Nigeria Airlines Begin Flights To Anambra

The United Nigeria Airlines begins scheduled flights to Anambra on Satrday, December 18, 2021.  Spokesman for the Airline, Mr Achilleus-Chud Uchegbu, on Friday said: “The airline will operate scheduled flights from Nna...
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Access Bank Shareholders Approve Holdco Structure
December 17, 2021 No Responses

Access Bank Shareholders Approve Holdco Structure

Shareholders of Access Bank Plc have unanimously approved the bank’s proposed reorganisation into a Holding Company (Holdco) to be known as Access Holding Plc.  The shareholders gave the approval at the bank’s Court- Ordered Meeting on Thursday in Lag...
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Maersk, Unilever Seal Logistics Partnership
December 17, 2021 No Responses

Maersk, Unilever Seal Logistics Partnership

Foremost Danish container shipping and logistics firm, A.P. Moller – Maersk has entered into ocean and air transport strategic partnership with multinational consumer goods company, Unilever.   Under the arrangement, the parties signed an internat...
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SEC Begins Regulatory Fee On Fixed Income Transactions Jan 1
December 17, 2021 No Responses

SEC Begins Regulatory Fee On Fixed Income Transactions Jan 1

The securities and Exchange Commission is to commence regulatory fee on fixed income (Bonds) secondary market transactions with effect from January 1, 2022.   This was contained in a Circular dated December 15, 2021 and signed by the Management of the S...
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