City BusinessNews, Author at City Business News

July 18, 2018 No Responses

Djibouti Insists On Free Trade Zone

Djibouti Ports and Free Zones Authority (DFPZA) stood up against DP World’s claims that the opening of the Chinese-built Djibouti International Free Trade Zone (DIFTZ) was against the port operator’s exclusive contractual rights. The duo has embroiled in a dispute over concession agreement...

July 18, 2018 No Responses

NSE Photo News

L – R shows Ms. Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mrs. Aderonke Adedeji, President, Pension Fund Operators Association of Nigeria and CEO Leadway Pensure during a Closin...

July 17, 2018 No Responses

National Carrier: Nigeria Intensifies Negotiation With Airbus, Others

Ahead of the proposed unveiling of Nigeria’s National carrier, the Minister of State for Aviation, Hadi Sirika has commenced negotiations with aircraft manufacturers and investors at the ongoing Farnborough International Air Show in the United Kingdom (U...

July 17, 2018 No Responses

Dankwambo: I Will Defeat Buhari, Fight Against Poverty In Nigeria

A frontline presidential aspirant on the platform of the Peoples Democratic Party (PDP), Ibrahim Hassan Dankwanbo, said at the weekend that, if elected president in 2019, he would declare war on poverty and injustices in the country. The Gombe State...

July 17, 2018 No Responses

Buhari Assures Dutch Firms Of Returns On Investments

President Muhammadu Buhari has assured Dutch companies that their investments will be safe, and yield fruitful returns. Mr Femi Adesina, the President’s Special Adviser on Media and Publicity in a statement in Abuja on Monday, said Buhari gave the assuranc...

July 17, 2018 No Responses

Nissan, Weststar Associates, Others Back NAJA’s 2018 Capacity Building Programme

All is now set for this year’s edition of the annual Nigerian Auto Journalists Association’s (NAJA) capacity building programme with Nissan Motors South Africa, with local presence as the lead sponsor. The event takes place at the Golden Tulip Hotel...

July 17, 2018 No Responses

NPA Photo News

The Managing Director, (NPA) Hadiza Bala Usman receiving a plaque from the Deputy General Manager, China Export & Credit Insurance Corporation, Zhou Shangzhi during the courtesy visit at the Nigerian Ports Authority’s Corporate Headquarters, Marina, Lago...

July 16, 2018 No Responses

Rolls-Royce To Unveil Flying Taxi

Engine maker Rolls-Royce has designed a propulsion system for a flying taxi which it says could take to the skies as soon as early next decade. The British firm said it had drawn up plans for an “electric vertical take-off...

July 16, 2018 No Responses

Oando: Court Orders Wale Tinubu’s Firms to Pay Volpi $680 Million

The London Court of International Arbitration (LCIA) has issued an award against two companies owned by the Chief Executive Officer of Oando Plc, Mr. Wale Tinubu and his deputy, Mr. Mofe Boyo to pay a total debt of US$680 million...

July 16, 2018 No Responses

SEC Reiterates Support For Capital Market

The Securities and Exchange Commission, SEC has restated its dedication to collaborate with relevant stakeholders to further develop and deepen the capital market. The Ag. Director General of the Securities and Exchange Commission, SEC, Ms Mary Uduk ...

July 16, 2018 No Responses

Lagos To Come Alive For NTTF National Junior League

Hundreds of junior players across the country will converge in Lagos from July 27 to August 4 for the annual Nigeria Table Tennis Federation (NTTF) National Junior League which will herald Africa’s elite tournament – ITTF Challenge Nigeria Open. For...

July 15, 2018 No Responses

LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio

French energy giant Total has closed the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD 1.5 billion. Should the oil market mark a major improvement in the coming years, Total’s...

July 15, 2018 No Responses

Qatar Airways Deploys Airbus A350 To Edinburgh

Qatar Airways has upgraded its capacity to the Scottish capital, Edinburgh to the state-of-the-art Airbus A350-900, the first and only A350 service to Scotland. The airline in a statement said that its upgraded to the aircraft in order to meet...

July 15, 2018 No Responses

Buhari: We’ll Be Guided By National Interests In Signing Free Trade Agreement

President Muhammadu Buhari says Nigeria will only be signatory to the Continental Free Trade Agreement if the nation’s national interests as well as regional and international obligations are balanced. The President reiterated this position at the 2018 Ann...