City BusinessNews, Author at City Business News

June 27, 2018 No Responses

European Bank To Invest €700m In Nigeria

The Regional Representative for West Africa of European Investment Bank (EIB), Ms Isabelle Grunderbeeck, has disclosed that the bank plans to invest 700 million euros in some identified projects in Nigeria. Grunderbeeck disclosed this at the bank’s interactive meeting with...

June 27, 2018 No Responses

Immigration Suspends $90 Biometric Charges On International Air Travelers In Nigeria

The Nigeria Immigration Service (NIS) has suspended the collection of $90 biometric Visa-On- Arrival policy it introduced about two weeks ago. Investigations also revealed that the service was not in charge of collection of charges at the Murtala Muhammed.....

June 27, 2018 No Responses

Nigeria Injects Another $210m Into Forex Market

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange market. The CBN, in its quest to meet demands in the various segments of the...

June 27, 2018 No Responses

Nigeria Exit World Cup

Lionel Messi and Argentina finally came alive at the World Cup. Messi scored an exquisite 14th-minute goal to give the two-time champions the lead in a must-win game against Nigeria on Tuesday, but it wasn’t until Marcos Rojo’s 86th-minute strike...

June 26, 2018 No Responses

Cameroon Airlines Returns To Lagos-Doula Route

The Cameroon Airlines Corporation (Camair-Co) has returned its direct flight from Doula to Lagos, Nigeria, years after suspending flight operations between the two routes. The airline returned to the route last Saturday according to a statement from its Nigeri...

June 26, 2018 No Responses

Plateau: CAN Condemns Attacks

The President Christian Association of Nigeria (CAN) Rev. Samson Ayokunle, has expressed disappointment and shocked at the spate of killings that was unleashed on three local government areas of Plateau by herdsmen. The CAN president expressed his disappoin...

June 26, 2018 No Responses

Osinbajo: Perpetrators Of Crime In Plateau Must Face Justice

Vice President Yemi Osibanjo, on Monday, visited Plateau State following attacks that left scores of people dead. It would be recalled that within the last two days over 80 persons were killed in the state from attacks on nine communities....

June 26, 2018 No Responses

Critical Role Of Maritime Sector To Economic Development, By Okowa

The Governor of Delta State, Senator Ifeanyi Okowa has stated that the efficiency and effectiveness of the Nigerian economy depends largely on the maritime sector as over 90 per cent of the world trade are transported through the sea. ...

June 26, 2018 No Responses

Edo Partners ANAN On Capacity Building For Civil Servants

The Governor of Edo State, Mr Godwin Obaseki, has disclosed his administration’s plan to partner with the Association of National Accountants of Nigeria (ANAN) in the training of accountants in the state civil service to enhance productivity. Obaseki dis...

June 26, 2018 No Responses

Clearing Agents At Lagos Airport Faults New Customs’ Policy

Activities at the Murtala Muhammed Airport (MMA), Lagos was Monday afternoon grounded following the introduction of a new policy by the Nigeria Customs Service (NCS), Lagos Airport Command. The clearing agents also accused the command of increasing charges f...

June 26, 2018 No Responses

NSE Photo News

L – R shows Mr. Femi Ogunjimi, Co-Founder/ Director, Cardinal Stone Partners Limited; Mohammed Garuba, Co-Founder/ Director, Cardinal Stone Partners Limited; Mr. Tunji Kazeem, Group Head, Enterprise Risk Management, The Nigerian Stock Exchange (NSE); Mr. Mic...

June 25, 2018 No Responses

Jacques Saadé, CMA CGM Founder Dies At 81

Jacques R. Saadé, the founder of the French shipping major CMA CGM, passed away on June 24, 2018 at the age of 81. Saadé established the Compagnie Maritime d’Affretement (CMA) in September 1978, 40 years ago, after leaving Lebanon following the civil...

June 25, 2018 No Responses

Heritage Bank Promotes 350 Staff

In line with its commitment geared towards greater efficiency and resource optimization, as part of its growth and industry innovative agenda designed to strengthen the bank’s business across all markets where it operates, Heritage Bank Plc has announced the...

June 25, 2018 No Responses

How CMA CGM Commenced Operations In 1978 With Four Employees, One Ship

Jacques R Saadé, who died on Monday at the age of 81, founded the Compagnie Maritime d’Affretement (CMA) 40 years ago, on 13 September 1978, He began with 4 employees, a single ship and only one maritime service between Marseilles...