City BusinessNews, Author at City Business News

May 10, 2018 No Responses

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (2nd from right) at the on-going 2018 International Association of Ports and Harbour, IAPH Conference in Baku, Azerbaijan. To her left is the General Manager, Monitoring and Regulatory...

May 10, 2018 No Responses

ICTSI Posts $44.1 million Net Income In Q1

Drag from the new terminals has seen Philippine-based terminal operator ICTSI report a lower profit in the first quarter of 2018. The company said that its net income attributable to equity holders stood at USD 44.1 million, 15 percent less than...

May 9, 2018 No Responses

CBN Lifts FOREX Market With Additional $210m

The Central Bank of Nigeria (CBN), on Tuesday, May 8, 2018, boosted the inter-bank Foreign Exchange market with another sum of $210 million. The Bank again offered the sum of $100 million to authorized dealers in the wholesale segment of...

May 9, 2018 No Responses

NCAA: 250,975 Aircraft Passed Through Nigerian Airports In 2017

A report put together by the Nigerian Civil Aviation Authority (NCAA) has revealed that 250,975 aircraft passed through thirty Nigerian airports in 2017 with majority of the movements coming from the Murtala Muhammed Aiport (MMA), Lagos. This is as 4,056,....

May 9, 2018 No Responses

US Pulls Out Of Iran Nuclear Deal

US President Donald Trump says he will withdraw the US from an Obama-era nuclear agreement with Iran. Calling it “decaying and rotten”, he said the deal was “an embarrassment” to him “as a citizen”. Going against advice from...

May 9, 2018 No Responses

‘Banks Must Repay Excess Charges With Interest’

The Central Bank of Nigeria (CBN), said any bank that deducts monies illegally from a customer’s account for products and services would be forced to refund the money to the customer with interest. Mr Fada David, Consumer Complaints Management, Consumer...

May 8, 2018 No Responses

LNG Gets More Acceptance In Central America

Central America and the Caribbean are taking an ever-growing role in the Panama Canal’s trade of Liquefied Natural Gas (LNG) amid increasing interest in the environmentally friendly and cost-efficient cargo to meet their energy needs. Peru and Trinidad and ...

May 8, 2018 No Responses

Test Of Courage For Audi Drivers In Belgium

Belgium, some 80 kilometers southeast of Brussels will host round three of the FIA World Rallycross Championship (World RX) this weekend (May 12/13) – and test the drivers’ courage. The two EKS Audi Sport drivers are travelling to Mettet...

May 8, 2018 No Responses

Heritage Bank Reiterates Support For Agric Initiatives In Oyo, Kaduna, Zamfara, Others

Heritage Bank Plc has reiterated its commitment to the sustenance, growth and development of Nigeria’s agricultural sector. Divisional Head of Corporate Communications, Heritage Bank, Mr. Fela Ibidapo, explained that in a statement that the bank is committed...

May 8, 2018 No Responses

Customs Detains One Suspect, Collaborates With NAFDAC,NDLEA On Tramadol Seizure

The Nigeria Customs Service (NCS), Tincan Island Command has detained one suspect in connection with the importation of 40 and 20 feet containers of Tramadol tablets. Briefing Journalists on Tuesday, the controller of the Command, Musa Abdullah said des...

May 8, 2018 No Responses

Photo News

L-R Sales Manager, West Africa, SAS, Babalola Oladokun; GM, Sales & Business Development, Financial and Enterprise Unit, INLAKS, Kingsley Oseghale; Marketing Manager, Africa, SAS, Mabel Schrimpton; and Senior Business Solutions Manager, Pre-Sales Risk Prac...