City BusinessNews, Author at City Business News

April 30, 2018 No Responses

Low Sulphur Fuel Best Solution For 2020 Sulphur Cap, Says Maersk CEO

Low sulphur fuel is the best way for the shipping industry to meet the International Maritime Organization’s (IMO) sulphur cap, set to enter into force in 2020, CEO of industry major A.P.Moller Maersk, Soren Skou, said at Singapore Maritime Week 2018....

April 30, 2018 No Responses

Barcelona crowned La Liga champions

Barcelona were crowned La Liga champions for the 25th time after beating Deportivo La Coruna 4-2 on Sunday with the help of Lionel Messi. Barca only needed a draw to clinch the title and complete an eighth domestic double...

April 29, 2018 No Responses

Edo, Lagos To Host 11 World Bank Executive Directors

Plans have been concluded for eleven senior World Bank officials to visit Edo and Lagos states and the Federal Capital Territory, Abuja, on an impact assessment tour of the bank’s developmental projects in the country. The states, will play...

April 29, 2018 No Responses

Rwand Air Extends To Abuja With Four Weekly Flights

Rwand Air has flagged-off its Abuja-Kigali flights, offering passengers from Nigeria’s political capital opportunity to connect to its global route network. This is in addition to the daily Lagos-Kigali flight separately operated by the carrier. The a...

April 29, 2018 No Responses

Wema Bank Explains N16.07b Earnings In Q1

Wema Bank PLC has announced a 5.02% growth in earnings for Q1’2018 to N16.07 billion, from N15.28 billion in Q1’2017. According to the Bank, the increase was supported by a 21.07% growth in non-interest income to N3.43 billion (Q1’2017;...

April 29, 2018 No Responses

Grassroots Soccer Association Marks Taiwo Afolabi’s Birthday In Lagos

As part of activities line up to mark the birthday of the Chairman/Chief Executive Officer, SIFAX Group, Dr. Taiwo Afolabi, the Lagos Grassroots Soccer Association will on April 29, at Campus Mini Stadium, Ajele, Lagos Island, hold a foot ball...

April 28, 2018 No Responses

Grimaldi Okays $400m For Six RoRos

The Grimaldi Group from Italy has ordered the construction of six RoRo vessels from the Chinese Jinling shipyard. The sextet, worth USD 400 million, is scheduled for delivery in 2020, and forms part of the company’s ambitious fleet expansion plan....

April 28, 2018 No Responses

Nigeria To Finalise $2b Rail Projects With General Electric

Ahead of President Muhammadu Buhari visit to the United States on Monday, senior officials of the Ministry of Transportation are to meet with the General Electric led consortium to discuss implementation of the interim phase of the narrow gauge rail conc...

April 28, 2018 No Responses

Arsene Wenger: I’m For Peace

Arsene Wenger has reiterated his resolve for a “peaceful” ending to one of the Premier League’s most intense feuds when he goes up against Jose Mourinho for the last time as Arsenal manager. According to agency reports, their rivalry ha...

April 28, 2018 No Responses

Olympic and Paralympic Games: ILO, Tokyo 2020 Sign Agreement To Promote Decent Work

The International Labour Organisation ( ILO) and the Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) have signed an agreement to promote decent work in the preparations for, and operation of the international sporting event. “Th...

April 28, 2018 No Responses

Eco Bank Photo News

Tunde Dawodu; Country Head, Internal Audit; Charles Nwobi, Segment Head, Commercial Banking; Carol Oyedeji, Executive Director, Consumer Banking; Akin Dada, Executive Director, Corporate Bank and Adetokunbo Uko, Regional Treasury Sales Head Anglophone all of E...

April 27, 2018 No Responses

NSE To Host 1,000 African Capital Market Experts In Lagos

The Nigerian Stock Exchange (NSE) has emerged the preferred host of the 22nd Annual Conference of the African Securities Exchanges Association (ASEA) scheduled to hold from 25 to 27 November, 2018, at the Oriental Hotel Lagos. NSE won a similar...

April 27, 2018 No Responses

Alaafin At MMA2,Lauds Babalakin’s Commitment To Quality Facilities, Maintenance

The Alaafin of Oyo, Oba Lamidi Adeyemi II has commended Dr. Wale Babalakin, the Chairman of the Resort Group for maintaining high standards of facilities at the Murtala Muhammed Airport Terminal Two (MMA2), Lagos. MMA2 was built and operated...

April 27, 2018 No Responses

Nigeria Bans Open Grazing

The National Economic Council (NEC), a forum of Nigeria governors on Thursday banned open grazing in the country. The government also banned the free movement of cattles across the borders from other Economic Community of West Africa States (ECOWAS)...