City BusinessNews, Author at City Business News

January 28, 2018 No Responses

‘Terrorism financing must be curbed’

President Muhammadu Buhari has emphasised the need to curb the flow of terrorism financing. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement issued in Abuja, said Buhari was speaking at the meeting of...

January 28, 2018 No Responses

CMA CGM Takes Delivery of Its Largest Boxship

French container shipping giant CMA CGM has taken delivery of CMA CGM Antoine de Saint Exupery, a 20,600 TEU containership, from Hanjin Heavy Industries and Construction – Philippines (HHIC-Phil) shipyard. The delivery ceremony for the ultra large contain...

January 27, 2018 No Responses

Dakuku: Nigeria, strategic to tackling maritime crimes in Gulf of Guinea

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has described the Nigerian maritime sector as strategic to tackling issues of insecurity in the Gulf of Guinea (GoG). Dr. Peterside, who stated thi...

January 27, 2018 No Responses

Global coalition seeks support for cassava transformation in Africa

Ahead of the international conference on cassava, the Global Cassava Partnership for the 21st Century (GCP21) has called on policy makers, donors and the international community to support all efforts that will bring about cassava transformation in Africa. T...

January 26, 2018 No Responses

APC panel recommends true federalism, state police

The All Progressives Congress (APC) Committee on True Federalism has recommended the scrapping of local government as third tier of government. Governor, Mallam Nasir El-rufai of Kaduna state, stated this while submitting the committe´s report to the APC Nati...

January 26, 2018 No Responses

Amaechi at Chatham House UK, explains implementation of comprehensive maritime strategy

The Minister of Transportation, Rt. Honourable Rotimi Amaechi has disclosed that the Federal Government has approved an Integrated National Security Strategy (INSS) for the Nigerian maritime sector. The strategy which will be implemented in collaboration with ...

January 25, 2018 No Responses

Bala Usman: Arrival of FPSO Egina indicates NPA’s capability in handling vessels of any size

The successful arrival of the Floating, Production, Storage and Offloading (FPSO) vessel for Egina deepwater oilfield project indicates that the Nigerian Ports Authority (NPA) is prepared to take on greater challenges, Managing Director, Hadiza Bala Usman has ...

January 25, 2018 No Responses

New Mercedes-Benz S-Class arrives in Nigeria with more innovations

Displaying more luxurious, safety and security innovations, new Mercedes Benz S-Class has arrived in Nigeria courtesy Weststar Associate Limited, authorised General Distributor of Mercedes-Benz in Nigeria. Weststar Associates confirmed on Wednesday that t...

January 25, 2018 No Responses

Ministry begins training of special task force on illegal mining

The Ministry of Mines and Steel Development has commenced a training workshop for officers of the Special Mines Surveillance Task Force on Illegal Mining in Jos, Plateau State. The Minister of State for Mines and Steel Development, Abubakar Bawa Bwari,...

January 25, 2018 No Responses

NNPC Boss Laments Cross-Border Petrol Smuggling

The Nigerian National Petroleum Corporation (NNPC) on Wednesday raised alarm over the sustained nefarious activities of some cross-border fuel smuggling syndicates and hoarders which have so far impeded efforts by the Corporation to sanitize the fuel supply an...

January 24, 2018 No Responses

FG, States, LGs share N655.17billion

The Federation Account Allocation Committee (FAAC) on Tuesday shared N655.17 billion to the three tiers of government as revenue for January. The Minister of Finance, Mrs Kemi Adeosun, told newsmen on Tuesday in Abuja that the N655.17 billion was distributed.....

January 24, 2018 No Responses

China Harbour commences work on Gelegele Seaport

Following the signing of a Memorandum of Understanding (MoU) for the construction of Gelegele Seaport between the Edo State Government and China Habour Engineering Company (CHEC) in China three weeks ago, senior officials of the company arrived Benin City, E...

January 24, 2018 No Responses

Oando: Shareholders fault Sanusi’s intervention

The reported intervention of the Emir of Kano, Muhammadu Sanusi in the face-off between Oando Plc and one of its aggrieved shareholders cannot stop a forensic audit planned by the Securities and Exchange Commission (SEC), the Oando Shareholders Solidarity Gro...

January 24, 2018 No Responses

FG threatens to revoke Airport contract

Minister for State, Aviation, Hadi Sirika says the Federal Government may revoke the remodelling contract of the domestic wing, Port Harcourt International Airport due to slow pace of work by the contractor. Sirika made this know to newsmen during an...