City BusinessNews, Author at City Business News

April 17, 2018 No Responses

Nigerian Air Force Trains Pioneer Pilots For Liberian Armed Forces

The Nigerian Air Force (NAF) has winged two Liberian pilots, who are the first set of pilots to be trained for the Liberian Armed Forces thereby strengthening the long-standing relationship between Nigeria and Liberia. The Liberian pilots had their...

April 17, 2018 No Responses

CMA CGM to Operate Lekki Port’s Container Terminal

French container shipping giant CMA CGM and Lekki Port LFTZ Enterprise have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations an...

April 16, 2018 No Responses

Lee Engineering Unveils $100M Fabrication Plant In Warri

Lee Engineering and Construction Company, one of Nigeria’s indigenous oil serving companies, has established a $100 million fabrication plant in Warri, Delta State to meet the fabrication needs of multinational companies in the oil and gas sector. Chief (D...

April 16, 2018 No Responses

Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Shareholders of Oando Plc, at the weekend urged President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun over alleged “unwholesome interference” in the nation’s capital market and “for unnecessarily meddling” with the...

April 16, 2018 No Responses

Heritage Bank Photo News

L-R: Tope Oshunkeye: Designation, Marketing Manager, DStv; winner of One Million Naira and Big Brother Naija Head of House Chair, Zainab Abudullai and Senior Advisor, Private Banking, Heritage Banking Plc, Adora Zulu-Okafor, during the gift presentation in th...

April 16, 2018 No Responses

SEC Holds First CMC Meeting In 2018

The Securities and Exchange Commission (SEC) is set to host the First Capital Market Committee (CMC) meeting for 2018. The meeting is scheduled to hold in Lagos from Thursday April 19 to Friday April 20, 2018 at the Federal Palace...

April 15, 2018 No Responses

IMO Members Agree on 50 % Emissions Cut

Countries attending the International Maritime Organization (IMO) meeting in London agreed to require the shipping sector to reduce its emissions by at least 50 pct by 2050 compared to 2008. “Today’s commitment by governments to require international shipp...

April 15, 2018 No Responses

NPA PHOTO NEWS

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle), the Chairman of Honeywell Group, Dr. Oba Otudeko and a Director at the Honeywell Group, General Garuba Duba (Rtd)when the Executives of Honeywell Group paid a courtesy...

April 14, 2018 No Responses

VW Removes CEO, Unveils Restructuring Agenda

Volkswagen Group has removed Matthias Müller and replaced him with Herbert Diess as Chief Executive Officer. Previously CEO of the Volkswagen brand within the larger 12-brand corporation. According to the company, the move is part of an effort to...

April 14, 2018 No Responses

NIMASA Signs MoU With World Maritime University On Capacity Building

The Nigerian Maritime Administration and safety Agency, NIMASA, has signed a Memorandum of Understanding (MoU) with the World Maritime University, Malmo Sweden to develop human capacity for the Nigerian maritime sector. Speaking shortly after the signing of...

April 14, 2018 No Responses

NNPC to Support Local Investors on Advancement of Technology

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation was committed to supporting local investors towards growing the engineering profession, even as he noted that this would in turn...

April 14, 2018 No Responses

TNL Honours First Bank, CCECC, Others

Toyota Nigeria Limited (TNL) has honoured First Bank of Nigeria Limited, China Civil Engineering Construction Corporation (CCECC), Access Bank Plc, among others for their contributions to the development and growth of the company. At an award ceremony hel...

April 14, 2018 No Responses

SEC Gets New Acting DG

The Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC). Under the arrangement, Ms. Mary Uduk will assume the position of Acting Director-General of the Commission. T...

April 14, 2018 No Responses

NSC Partners Oyo, Foreign Investors On Inland Dry Port

The Nigerian Shippers’ Council has entered into partnership with the Oyo State Government for the development of Inland Dry Port (IDP) and Truck Transit Park (TTP) in conjunction with some Chinese investors in the state. The partnership arrangement was...