Author: City BusinessNews

Rolls-Royce’s engines to power world’s largest hybrid ferry
June 19, 2017 No Responses

Rolls-Royce’s engines to power world’s largest hybrid ferry

UK-based engineering company Rolls-Royce has received an order for four diesel engines to power the world’s largest hybrid ferry being built for the Norwegian cruise and transport company Color Line. The ferry is designed by Fosen and will be built...
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IMO adopts safety amendments for passenger ships
June 19, 2017 No Responses

IMO adopts safety amendments for passenger ships

IMO’s Marine Safety Committee (MSC) has adopted revised safety requirements for passenger vessels in the event of flooding caused by an incident. The revisions to the International Convention for the Safety of Life at Sea (SOLAS) chapter II-1, relating to...
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Photo News
June 19, 2017 No Responses

Photo News

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside in a photograph with some Management Staff of NIMASA and industry Stakeholders at the presentation of Tell Awards 2016, held at the Civic Centre, Victoria Island...
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Ministry seeks second license for Agric Bank, targets 40m customers
June 18, 2017 No Responses

Ministry seeks second license for Agric Bank, targets 40m customers

By Moses Ebosele (ebosele@hotmail.com) –    The Federal Ministry of Agriculture and Rural Development (FMARD) has concluded plans to secure second licence for Bank of Agric from the Central Bank of Nigeria (CBN) as part of measures to provide adequate....
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Amazon to buy Whole Foods for $13.7b
June 18, 2017 No Responses

Amazon to buy Whole Foods for $13.7b

(BBC) Online retail giant Amazon is buying Whole Foods in a $13.7bn (£10.7bn) deal that marks its biggest push into traditional retailing yet. Amazon, which has long eyed the grocery business, will buy the upmarket supermarket for $42 a share....
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Certified yams from Nigeria arrives in U.S as Senegal, Mali indicate interest
June 18, 2017 No Responses

Certified yams from Nigeria arrives in U.S as Senegal, Mali indicate interest

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh was in a  celebration mood on Saturday as he announced the successful arrival of the first consignment of certified yams from Nigeria to the United States of America (USA).  ...
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Hathiramani to Jelani: Review auto policy to meet current realities
June 17, 2017 No Responses

Hathiramani to Jelani: Review auto policy to meet current realities

By Moses Ebosele (ebosele@hotmail.com) –    The Chief Executive Officer of Kia Motors Nigeria, Jacky Hathiramani has advised the new Director-General, National Automotive Design and Development Council (NADDC), Mr. Aliyu Jelani, to facilitate review of...
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FRSC boss pledges more transparency, efficiency
June 17, 2017 No Responses

FRSC boss pledges more transparency, efficiency

The Federal Road Safety Corps (FRSC) is to retool its operations for better transparency and efficiency in line with the recently signed Presidential Executive Orders.  Corps Marshal, Boboye Oyeyemi, stated this at a strategic session with Zonal Commanding Of...
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FG will provide access road to owu water falls, says Minister
June 17, 2017 No Responses

FG will provide access road to owu water falls, says Minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government will provide access road to the Owu Water Fall in Kwara State with a view to opening it up to local and international tourists. The Minister had...
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Maritime stakeholders to brainstorm on 24hr Seaport operations
June 17, 2017 No Responses

Maritime stakeholders to brainstorm on 24hr Seaport operations

Come Tuesday, June 20, 2017, the Presidential Executive Orders on 24 hours Seaport operations will take the centre stage as stakeholders in the maritime sector and members of the public brainstorm at Rockview Hotel, Apapa, Lagos State.    Already, the...
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NSE Photo News
June 17, 2017 No Responses

NSE Photo News

L – R: Chief Dr. Mrs. Nike Akande CON, President, Lagos Chamber of Commerce & Industry (LCCI); Mrs. Selloua Chakri, Head of Market Structure Strategy, MEA, Bloomberg L.P; Mrs. Kemi Adeosun, Honourable Minister of Finance, Federal Republic of Nigeria  an...
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SIFAX Group: Lack of critical infrastructure may hinder Ease of Doing Business drive
June 16, 2017 No Responses

SIFAX Group: Lack of critical infrastructure may hinder Ease of Doing Business drive

Lack of critical infrastructure could hinder the success of the Federal Government’s drive at improving the ease of doing business in the country, SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics,...
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Guinness Nigeria appoints Graham-Douglas as Corporate Relations Director
June 16, 2017 No Responses

Guinness Nigeria appoints Graham-Douglas as Corporate Relations Director

Guinness Nigeria Plc has announced the appointment of Viola Graham-Douglas as its Corporate Relations Director, effective June 1, 2017.    Mrs. Graham-Douglas started her career in the banking industry in Nigeria.  She joined Lafarge Africa Plc, formerly WA...
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Group faults detention of support vessel’s crew
June 16, 2017 No Responses

Group faults detention of support vessel’s crew

Maritime trade union Nautilus International has voiced its concern over the treatment of the crew of an offshore support vessel detained in the port of Soyo, Angola. Namely, the seafarers of the Vanuatu-flagged vessel Sutton Tide, have been accused of...
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