City BusinessNews, Author at City Business News

July 23, 2018 No Responses

CIS Partners SEC On Capital Market Studies

The Chartered Institute of Stockbrokers (CIS) has pledged to work with the Securities and Exchange Commission (SEC) in its desire to infuse Capital Market Studies (CMS) into the curriculum of schools in the country. Already, the apex regulator of...

July 23, 2018 No Responses

South African Airways Wins Best Airline Staff Award

South African Airways (SAA) has been voted the ‘Best Airline Staff in Africa’ at the annual World Airline Awards hosted by Skytrax, the Oscars of the aviation industry in London. In SAA’s sixth triumph, this award recognises service excellence covering.....

July 23, 2018 No Responses

Firm Gets 1st LNG-Powered Ship

U.S.-based shipping company Crowley Maritime Corporation has taken delivery of its first LNG-powered Combination Container Roll-on/Roll off (ConRo) ship from VT Halter Marine. El Coquí, which is one of the first ConRos in the world, is also the first of two....

July 23, 2018 No Responses

Gun Men Kill 11 Drivers

A taxi bus full of taxi drivers was bombarded with bullets Saturday night, with gunmen killing at least 11 people who were heading back from a funeral, South African police said. Authorities believe the 11 victims were among 17 people...

July 22, 2018 No Responses

Atiku Pledges To Revive Nigeria’s Economy, Tackle Unemployment

Former Vice President and Peoples Democratic Party (PDP) presidential aspirant, Atiku Abubakar on Saturday pledged to tackle unemployment in Nigeria if elected President in 2019. Addressing supporters in Yola, Adamawa State during a Mega Rally organized b...

July 22, 2018 No Responses

Akwaaba To Recognise Top 100 Tour Operators In Africa

Organisers of Akwaaba African Travel Market in collaboration with ATQ News has said that Africa Top 100 tour operators awards and recognition would take place during the 14th edition of the annual travel show and exhibition, which holds from September...

July 22, 2018 No Responses

CPC Implores Airlines On Quality Service

The Director-General of Consumer Protection Council (CPC), Mr. Babatunde Irukera has challenged indigenous airlines to be more responsive to the expectations of air passengers. Irukera who made this call while addressing journalists during the 22ndAnnual Se...

July 22, 2018 No Responses

‘Consolidation Between Top Tier Carriers Unlikely’

The consolidation between top tier carriers such as French liner giant CMA CGM and its German counterpart Hapag-Lloyd is unlikely, according to Simon Heaney, Senior Manager for Container Research at Drewry. As explained by Heaney, the merger of carriers of su...

July 21, 2018 No Responses

Investors Stake N4.2B On Zenith Bank, Medview Airline, Sterling Bank In Five Days

By ebosele@hotmail.com – For the week ended July 20th, 2018, investors on the floor of Nigeria Stock Exchange (NSE) staked N4.209 Billion on the shares of Sterling Bank Plc, Medview Airline Plc and Zenith International Bank Plc. Transactions in the...

July 21, 2018 No Responses

NSE Admits N10.69B FGN Green Bond, Implores Nigerians On $3trn Infrastructure Deficit

The Nigerian Stock Exchange (NSE) said on Friday that the 3 trillion dollars required to provide infrastructure for the next 25 years could be addressed with Green Bond issuance. Mr Oscar Onyema, NSE Chief Executive Officer, stated this at...

July 21, 2018 No Responses

NPA Hosts International Maritime Conference

The Nigerian Ports Authority would be hosting the International Association of Ports and Harbours (IAPH) Africa Regional Conference in Abuja, Nigeria between 17 – 19 September, 2018. According to information obtained from the Local Organising Commi...

July 21, 2018 No Responses

Shell To Sell $2B Nigeria Oil Assets

The Anglo-Dutch oil major is discussing selling oil mining licenses 11 and 17 to Heirs Holdings Ltd., a company run by Nigerian tycoon Tony Elumelu, the people said. Included in the sale are infrastructure assets such as a natural gas-fired...

July 21, 2018 No Responses

Okonjo-Iweala Joins Twitter’s Board

Nigeria’s former finance minister Ngozi Okonjo-Iweala has been appointed to the board of directors of Twitter. Mrs Okonjo-Iweala served under President Olusegun Obasanjo from 2003 to 2006 and President Goodluck Jonathan from 2011 to 2015. She tweeted the new...

July 20, 2018 No Responses

Labour Tasks Minister On Alleged N62.5B Fraud At NSITF

The United Labour Congress (ULC) has challenged the Minister of Labour and Employment, Dr Chris Ngige to publish the names of individuals he alleged were indicted by the report on N62.5Billion fraud at Nigeria Social Insurance Trust Fund (NSITF). ULC...