Author: City BusinessNews

NPA MD lauds first set of RTG operators in Africa
November 25, 2017 No Responses

NPA MD lauds first set of RTG operators in Africa

Like their male counterpart, women can enhance the Maritime Industry and improve the Nation’s Economy, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has said  Speaking at the Tincan Island Container Terminal Ltd (TICT), the NPA boss...
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ILO: Weak recovery in youth labour markets demands sweeping response
November 25, 2017 No Responses

ILO: Weak recovery in youth labour markets demands sweeping response

Young people are estimated to account for over 35 per cent of the unemployed population worldwide in 2017. While the global youth unemployment rate stabilized at 13.0 per cent in 2016, it is expected to rise slightly to 13.1 per...
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FG uncovers 500 tax fraudsters
November 24, 2017 No Responses

FG uncovers 500 tax fraudsters

The Federal Government has obtained the names of 500 Nigerians implicated in various cases of tax fraud across the country. Mr Laolu Akande, the Senior Special Assistant on Media and Publicity to the President (Office of the Vice President) disclosed...
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Investors stake N1.14b on UBA shares as market capitalisation records N28b growth
November 24, 2017 No Responses

Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

United Bank for Africa (UBA) on Thursday emerged the toast of investors with a turnover of 116.63 million shares valued at N1.14 billion on the floor of NigerianStock Exchange (NSE).  Access Bank followed with 98.34 million shares worth N987.63 million,...
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Forensic Audit: Court strikes out Oando’s case against SEC
November 24, 2017 No Responses

Forensic Audit: Court strikes out Oando’s case against SEC

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a forensic audit on the company and also lift a technical...
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2017 Budget: FERMA gets N800m out of N25b
November 24, 2017 No Responses

2017 Budget: FERMA gets N800m out of N25b

Out of the N25billion budget of the Federal Roads Maintenance Agency (FERMA), only N800million has been received, the Minister of Power, Works & Housing, Babatunde Fashola has said.   Briefing members of the Senate Committee on Federal Roads Maintenance A...
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Real Madrid Players get their yearly Audis, many are Q7 SUVs
November 24, 2017 No Responses

Real Madrid Players get their yearly Audis, many are Q7 SUVs

In Spain it’s that time of the year for Real Madrid’s players to take delivery of their shiny new cars from the team’s sponsor Audi. The company with the four-ring logo joined forces with the hugely popular soccer team back...
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Fidelity Bank disburses N2.5b to 500 SMEs operators
November 23, 2017 No Responses

Fidelity Bank disburses N2.5b to 500 SMEs operators

Fidelity Bank Plc says it has disbursed the sum of N2.5 billion out of the Central Bank of Nigeria (CBN) N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF).  Mr Nnamdi Okonkwo, the bank’s Managing Director/ Chief Executive Officer...
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Nestle sustains growth profile, hits N1,300 per share
November 23, 2017 No Responses

Nestle sustains growth profile, hits N1,300 per share

For the third consecutive day, Nestle Nigeria Plc on Wednesday led the gainers’ table, appreciating by N38.84 to close at N1,300 per share.   Unilever came second with a gain of N2.15 to close at N39 95, while Zenith International Bank...
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Oba of Benin makes historic visit to Abuja
November 23, 2017 No Responses

Oba of Benin makes historic visit to Abuja

His Royal Majesty, Omo N, ‘Oba N’Edo Uku Akpolokpolor, Oba Ewuare II- Oba of Benin, on Wednesday made an historic visit to Abuja.  The Oba who arrived the Nnamdi Azikiwe International Airport at about 5:05p.m., was received by some Benin...
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Dakuku: Capacity building, sectorial reform critical to maritime security in Gulf of Guinea
November 23, 2017 No Responses

Dakuku: Capacity building, sectorial reform critical to maritime security in Gulf of Guinea

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that capacity building initiatives and sectorial reforms are critical elements that can address maritime security issues in the Gulf of Guin...
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Ford to partner Mahindra on electric vehicles in India
November 23, 2017 No Responses

Ford to partner Mahindra on electric vehicles in India

Ford Motor Company and its Indian partner Mahindra & Mahindra Ltd. could create their own electric car line in the country to help battle pollution from the vehicles clogging India’s roads, Chairman Anand Mahindra said.  Mahindra & Mahindra, which ...
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NPA Photo News
November 23, 2017 No Responses

NPA Photo News

Executive Director of Nigerian Ports Authority (NPA),  Marine Operations, Sekonte Davies,(Middle), next on his left is   Executive Director,  Engineering and Technical Davies Services, Prof Idris Abubakar, General Manager, Corporate and Strategic Communica...
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NPA to deploy six security boats, fine-tunes welfare package for workers
November 22, 2017 No Responses

NPA to deploy six security boats, fine-tunes welfare package for workers

By Moses Ebosele, ebosele@hotmail.com  –      The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman on Tuesdaycontinued her interactive session with stakeholders of Rivers Ports Complex.  Addressing stakeholders comprising of...
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