City BusinessNews, Author at City Business News

May 19, 2018 No Responses

NPA Explains Approved Agencies At Port Locations

As part of efforts to improve efficiency in port operations, the Vice President and chairman of the Presidential Enabling Business Environment Council, Professor Yemi Osinbajo has directed the Nigerian Ports Authority (NPA) to ensure that only eight federal government agencies...

May 19, 2018 No Responses

Naira Depreciates Against Dollar At Parallel Market

The Naira on Friday depreciated against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports. The Nigerian currency lost one point to exchange at N363, weaker than N362 posted on Thursday, while the Pound...

May 18, 2018 No Responses

Green Economy To Generate 24 million Jobs By 2020

Twenty-four million new jobs will be created globally by 2030 if the right policies to promote a greener economy are put in place, a new ILO report says. According to World Employment and Social Outlook 2018: Greening with Jobs , action...

May 18, 2018 No Responses

UBA Kenya to Leverage on Group’s Capacity to Finance Large Ticket Transactions

United Bank for Africa (UBA) has assured the players in the private and public sectors in East Africa’s largest economy that its Kenyan franchise is ready and committed to finance key projects and business transactions capable of galvanising the economic...

May 18, 2018 No Responses

NDLEA Intensifies Clampdown, Impounds Four Tonnes of Tramador Tablet At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has impounded four tonnes of imported Tramador tablet at the shed of one of the ground handling companies at the Murtala Muhammed International Airport (MMIA), Lagos. The anti-narcotics agency also said that it....

May 18, 2018 No Responses

We Remain Committed To The Stability Of West Africa’

President Muhammadu Buhari Thursday in Abuja said his administration will continue to work with ECOWAS countries to ensure stability in the sub-region as cross-border crimes pose more challenges to people and governments. “ECOWAS is doing its best, and as yo...

May 18, 2018 No Responses

NPA Photo News

Representative of the Managing Director of Nigerian Ports Authority (NPA), the Executive Director, Marine & Operations, Dr. Sokonte Huttin Davies (2ndRight); the General Manager Engineering, Ahmed Rufai Mohammed (Right); the General Manager, Corporate &amp...

May 17, 2018 No Responses

LNG Bunkering Hub Underway In Oman

French energy major Total is looking to develop a liquefied natural gas (LNG) bunkering hub in Oman under a recently signed Memorandum of Understanding (MoU). The company said it would use its equity gas entitlement as feedstock to supply LNG as a...

May 17, 2018 No Responses

Volkswagen Pulls Out Of Paris Auto

Volkswagen brand will skip the Paris auto show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital. Since the VW Group’s emissions-cheating scandal erup...

May 17, 2018 No Responses

Total Pulls Out Of $1Billion Gas Deal

French energy giant Total is preparing to pull out of a billion dollar gas project in Iran in the face of renewed US sanctions. Total said it will unwind operations by November unless sanctions are waived. Washington is re-imposing strict...

May 17, 2018 No Responses

National Assembly Increases Oil Price Benchmark To $51

The National Assembly on Wednesday passed the Appropriation Bill into law.The estimated expenditure proposed by the President Muhammadu Buhari six months ago was also raised to N9,120,334,988,225, an increase of N508 billion. Senate Appropriation Committee Cha...