City BusinessNews, Author at City Business News

June 1, 2019 No Responses

Oando To SEC: Alleged Infractions Are Unsubstantiated

The management of Oando Plc has resolved to challenge the Securities and Exchange Commission (SEC) on the outcome of its forensic audit. The company is of the view that the alleged infractions and penalties are unsubstantiated, ultra vires, invalid and calculated to prejudice the business of the&nb...

June 1, 2019 No Responses

NPA Photo News

The Management of the Nigerian Ports Authority (NPA) led by the Managing Director, Hadiza Bala Usman on Friday played host to the Executives of the Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC), Maritime Bra...

June 1, 2019 No Responses

Apapa Gridlock: Presidential Task Force issues Operational Guidelines

The Presidential Task Force on the Restoration of Law and Order in Apapa Ports’ Area has unveiled its operational guidelines. The guidelines as contained in a paper made available to stakeholders at a meeting held in Lagos, recently, stipulates continuous...

June 1, 2019 No Responses

Dana Air Opens More Outlets

Nigerian carrier, Dana Air has opened more sales and ticketing outlets in Abuja and Uyo to provide more convenient booking options for its guests. The airline in a statement by its Media and Communications Manager, Kingsley Ezenwa said the outlets...

June 1, 2019 No Responses

SIFAX Group Photo News

CAPTION: L-R: Dr. Taiwo Afolabi (MON) Group Executive Vice Chairman, SIFAX Group with Mr. Marek Skolil, Ambassador of the Czech Republic in Nigeria, after a business meeting held at the Embassy of the Czech Republic in Abuja.

May 31, 2019 No Responses

Cameron Begins LNG Export

All is now set for the export of Liquefied Natural Gas (LNG) from Cameron. The 177,000 cbm LNG carrier Marvel Crane is poised to become the first ship to load LNG cargo from the Cameron LNG project that started production...

May 31, 2019 No Responses

Uber Declares $1b Loss

Uber has posted a $1bn (£790m) loss as the ride-hailing firm delivered its first figures since a disappointing flotation earlier this month. The quarterly loss came despite a 20% a rise in revenues to $3.1bn and increase in monthly active...

May 31, 2019 No Responses

FAAN MD: Ethiopian Airlines’ Aborted Landing At Lagos Airport Normal

Wednesday’s aborted landing of Ethiopian Airlines Boeing 777-300 aircraft at the international wing of the Murtala Mohammed Airport, Lagos was a normal safety procedure in the global aviation industry, the Managing Director of the Federal Airports Auth...

May 30, 2019 No Responses

Sanwo-Olu: We Owe A Large Debt Of Gratitude To Tinubu, Fashola

The Governor of Lagos State, Babajide Sanwo-Olu, at his inauguration on Wednesday Commended former Governors for their contributions to the development of the state. The Governor said: “We owe a large debt of gratitude to Asiwaju Bola Ahmed Tinubu and....

May 30, 2019 No Responses

‘Investors’ To Get Refund As SEC Begins Verification Of Dantata Success

The Securities and Exchange Commission (SEC) has concluded plans to commence a verification exercise for Nigerians who “invested” monies with Dantata Success and Profitable Company, Kano. According to the SEC, as part of the arrangements to commence a refu...