Author: City BusinessNews

FG increases take-off grant of Maritime University to N5b
November 12, 2017 No Responses

FG increases take-off grant of Maritime University to N5b

The Federal Government has approved the take off grant of Maritime University, Okerenkoko, Delta, from N2 billion earlier announced to  N5 billion.   The Minister of Niger Delta Affairs, Pastor Usani Uguru Usani, made this disclosure in a statement on...
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NSE PHOTO NEWS
November 12, 2017 No Responses

NSE PHOTO NEWS

L-R: Oscar N. Onyema, OON, CEO, Nigerian Stock Exchange ( NSE) , Timothy E. McPherson, Minister of Finance, Sovereign State of Accompong and Kamil Olufowobi, CEO Most Influential 100 Limited during a courtesy visit to the NSE CEO in Lagos,...
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GM unveils agenda for autonomous vehicles
November 11, 2017 No Responses

GM unveils agenda for autonomous vehicles

General Motors will on November 30, 2017, in San Francisco, share its “vision for an autonomous future”.   General Motors Chief Executive Officer, Mary Barra who disclosed the development while reviewing the automaker’s third-quarter earning...
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Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b
November 11, 2017 No Responses

Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

The Nigerian Stock Exchange (NSE) ended the week on a positive note on Friday as market capitalisation  which opened at N12.823 trillion, increased  by N24 billion or 0.19 per cent to close at N12.847 trillion.   Also, the All-Share Index...
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NPA boss at lagos trade fair, harps on capacity building, efficient port system
November 11, 2017 No Responses

NPA boss at lagos trade fair, harps on capacity building, efficient port system

By  citybusinessnews@yahoo.com    The Managing Director of  Nigerian Ports Authority (NPA), Hadiza Bala Usman has pledged to invest more resources in capacity building as part of measures to attain an efficient port system.   Bala Usman made the remark a...
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At Alaghodaro summit, Omoigui-Okauru, Akpata, Ihonvbere, others tackle institutional barriers to investments
November 11, 2017 No Responses

At Alaghodaro summit, Omoigui-Okauru, Akpata, Ihonvbere, others tackle institutional barriers to investments

As the Alaghodaro Investment Summit got underway on Friday in Benin City, the Edo State capital, investment experts and heads of federal government regulatory agencies proffered solutions to the bureaucratic bottlenecks in government that are hindering the gro...
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FG to approve three modular refineries in Edo
November 10, 2017 one Response

FG to approve three modular refineries in Edo

The Federal Government is processing applications received for the establishment of seven modular refineries in Edo State, Minister of State, Petroleum Resources, Dr. Ibe Kachikwu has said.  Speaking in Benin City on Thursday ahead of Alaghodaro Investment Su...
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Labour to National Assembly: Don’t scrap housing loans board
November 10, 2017 No Responses

Labour to National Assembly: Don’t scrap housing loans board

Organised labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has cautioned the National Assembly over alleged plan to scrap the Federal Government Staff Housing Loans Board (FGSHLB).  In a press statement issued in Lagos on...
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NPA Photo News
November 10, 2017 No Responses

NPA Photo News

The Managing Director, Hadiza Bala Usman addressing Stakeholders at Calabar Port with her, are from left General Manager Marine and Operations, Mr. Joshua Asanga, Executive Director, Marine and Operations, Dr. Sekonte H. Davies, Executive Director, Engineering...
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Dana Air lifts 2.7m passengers in nine years
November 10, 2017 No Responses

Dana Air lifts 2.7m passengers in nine years

Ahead of its 9th anniversary on Friday, November 10, 2017, the management of Dana Air on Thursday commended all stakeholders for their support and contributions.   In a statement, the company said: “Since commencing flight operations on November 10, 2008,.....
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SIFAX Group boss shares business tips with Next Titan contestants
November 10, 2017 No Responses

SIFAX Group boss shares business tips with Next Titan contestants

To succeed in the daunting path of entrepreneurship, vision, unique business ideas, persistence, self confidence, creativity and hard work have been identified as some of the essential ingredients that must be paid close attention to.  This was disclosed by D...
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Dakuku seeks more women participation in maritime sector
November 10, 2017 No Responses

Dakuku seeks more women participation in maritime sector

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has called for more female participation in the Nigerian maritime industry, adding that their contribution is key to the development of the sector for ...
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‘IOSCO report on implementation of G20 recommendations to strengthen securities markets’
November 9, 2017 No Responses

‘IOSCO report on implementation of G20 recommendations to strengthen securities markets’

The Board of the International Organization of Securities Commissions (IOSCO) today published a report on the implementation of the G20/FSB post-crisis recommendations aimed at strengthening securities markets.  The Implementation Report: G20/FSB Recommendati...
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Market capitalisation sustains growth with N43b
November 9, 2017 No Responses

Market capitalisation sustains growth with N43b

Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained  N43 billion or 0.34 per cent to close at N12.853 trillion.   Also, the...
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