City BusinessNews, Author at City Business News

May 20, 2017 No Responses

NPA Photo News

Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (2nd left); Practice Manager, World Bank, Benedict Eijbergen (left); Senior Transport Spec., World Bank, Olatunji Ahmed (2nd right) and the Technical Assistant to the MD, Dr. Abubakar D...

May 19, 2017 No Responses

FG gives agencies 60 days to harmonise operations at Seaports, insists on 24 hour services at Apapa

By Moses Ebosele – The Acting President, Yemi Osinbajo, on Thursday signed three executive orders “that will significantly change some of the ways government business and operations are conducted in the country forthwith”. Ahead of the signing...

May 19, 2017 No Responses

GM South Africa reviews operations, to stop manufacturing of Chevrolet

General Motors and Isuzu Motors on Thursday announced their respective future plans for the Isuzu, Chevrolet and Opel brands in South Africa, subject to local regulatory requirements. With this announcement, Isuzu Motors intends to purchase GM’s South Af...

May 19, 2017 No Responses

Six crew kidnapped from cargo ship off Nigeria

Six crew members have been kidnapped from a general cargo vessel off Nigeria, according to ICC International Maritime Bureau’s (IMB) report. Pirates boarded an unidentified ship while it was underway around 21 nautical miles south of Nigerian Coast on May 1...

May 19, 2017 No Responses

NSE Photo News

L – R:Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE) presenting a gong to Michale Mathew, Chief Executive Officer, MPD Logics in honour of Michale Matthew, whose actions helped foil the rape of female stud...

May 19, 2017 No Responses

BPE, NPA renew commitment to ensure review of seaport concession agreement

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has pledged the Bureau’s seamless collaboration with the Nigerian Ports Authority (NPA) for a sustained development of the maritime industry. Receiving the Managing Directo...

May 19, 2017 No Responses

Photo News

Coscharis Motors honoured at the 2017 JaguarLand Rover Sub- Sahara Africa Importers Awards in South Africa. Ufuoma Umukoro, Brand Manager (Left), President of Coscharis Group, Dr Cosmos Maduka (2nd Right) and his two sons at the Ceremony in South Africa

May 18, 2017 No Responses

WFE responds to EC’s consultation on operation of european supervisory authorities

The World Federation of Exchanges (“WFE”) has responded to the European Commission’s Public Consultation on the Operations of the European Supervisory Authorities (ESAs). While the consultation has an EU focus, there are some items that are relevant t...

May 18, 2017 No Responses

ICRC lauds NPA’s PPP initiatives

The Infrastructure Concession Regulatory Commission (ICRC) on Thursday commended the Nigerian Ports Authority (NPA) for the success it had recorded in the areas of Public Private Partnerships (PPP). Led by Gabriel .T. Aduda, Director Civil Service Transform...

May 18, 2017 No Responses

Obaseki implores NDDC on management of resources

Governor Godwin Obaseki of Edo State has urged the Niger Delta Development Commission (NDDC) to help in the management of resources for the Niger Delta states, adding that individual member states accounts should be operated to facilitate appropriation of fund...

May 18, 2017 No Responses

2017 NAJA training workshop holds in June

The Nigerian Auto Journalists Association (NAJA), the umbrella body of all journalists in Nigeria covering the automobile/automotive industry has concluded plans to hold the second edition of its an annual training workshop in collaboration with industry sta...

May 18, 2017 No Responses

Forex: CBN releases list of 36 items

The Central Bank of Nigeria (CBN) on Thursday released list of 36 items valid for access to foreign exchange in the foreign exchange market. In a circular to all banks and the general public, CBN explained that the list of...

May 17, 2017 No Responses

Africa needs new financing models to bridge development gaps, says Osinbajo

Acting President, Yemi Osinbajo, has advocated a new paradigm in financing infrastructure projects in Africa in order to close the huge infrastructure gap in the continent. He stated this on Tuesday at a forum to mark Africa Finance Corporation’s...