Author: City BusinessNews

Ex Firstbank staff in court over alleged N7.1m fraud
November 22, 2017 No Responses

Ex Firstbank staff in court over alleged N7.1m fraud

An ex-banker, Anthony Akhogie, was on Tuesday brought before an Igbosere Magistrates’ Court in Lagos for allegedly defrauding First bank of N7.1 million. Akhogie, 26, who resides at Mushin area of Lagos State is facing three-count charge of conspiracy, forgery...
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Dana Air resumes flight operations
November 22, 2017 No Responses

Dana Air resumes flight operations

Dana Air has resumed flight operations and apologised to its passengers for the delays experienced on Tuesday as a result of the disruption of its activities by the National Association of Aircraft Pilots and Engineers (NAAPE).  Communications Manager, Kingsl...
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Report: More than half of trucks in Apapa have no business in the Seaports
November 22, 2017 No Responses

Report: More than half of trucks in Apapa have no business in the Seaports

A new report released by a leading maritime consulting firm reveals that more than half of the container trucks visiting Apapa, Lagos daily have no immediate business to transact at the port. The report, which stems from an independent study...
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Diamond Bank appoints Christopher Ubosi Non-Executive Director
November 22, 2017 No Responses

Diamond Bank appoints Christopher Ubosi Non-Executive Director

Diamond Bank Plc has appointed Mr. Christopher Ubosi as a Non-Executive Director. Mr. Christopher Ubosi holds a B.Sc. in Quantity Surveying from the University of Ife and an M.Sc. from the University of Lagos, Nigeria.  According to the Bank, Mr Ubosi...
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NPA to sustain quarterly forum with stakeholders as board reviews committee’s report on infrastructure in December
November 21, 2017 No Responses

NPA to sustain quarterly forum with stakeholders as board reviews committee’s report on infrastructure in December

By Moses Ebosele, ebosele@hotmail.com  –     The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated her commitment to sustain ongoing meetings with workers and other stakeholders on a quarterly basis.   Addressing st...
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NSE Photo News
November 21, 2017 No Responses

NSE Photo News

L – R shows Oluwole Ololade Adeosun, Council Member, The Nigerian Stock Exchange (NSE); John Oriogun, Founder, John Oriogun PLLC; Irene Robinson-Ayanwale, Head, Legal Department, NSE; Marylin Ramplin, Founder, Novia One Group; Tinuade Awe, General Counsel &a...
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Shipping firms allege blockage of channel by NLNG, petitions NPA
November 21, 2017 No Responses

Shipping firms allege blockage of channel by NLNG, petitions NPA

By citybusinessnews@yahoo.com –       Shipping firms have appealed to the Managing Director of Nigerian Port Authority (NPA), Hadiza Bala Usman to intervene in the alleged blocking of channel by the Nigeria Liquefied Natural Gas (NLNG).  In a petiti...
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Samuella Sam-Orlu Emerges Winner of 2017 UBA Foundation National Essay Competition
November 21, 2017 No Responses

Samuella Sam-Orlu Emerges Winner of 2017 UBA Foundation National Essay Competition

It was an all-female affair as fifteen year old Samuella Sam-Orlu of British Nigerian Academy Abuja, emerged the overall winner of the 2017 edition of the UBA Foundation National Essay Competition, winning an educational grant of N1,000,000.00 to study in...
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IMO: Onyema,Amaechi Woo Foreign Diplomats For Nigeria’s Election
November 21, 2017 No Responses

IMO: Onyema,Amaechi Woo Foreign Diplomats For Nigeria’s Election

 In a bid to ensure that Nigeria wins the re-election into one of the highest decision making body of the International Maritime Organization (IMO), an arm of the United Nation (UN) responsible for global maritime regulation, the Minister of Transportation...
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Fishing convention enters into force
November 21, 2017 No Responses

Fishing convention enters into force

The International Labour Convention (ILO) No 188 came  into force on November 16, giving a major boost to efforts to improve working conditions for millions of workers in the fishing sector. “The Work in Fishing Convention sets the basic standards...
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Buhari mourns Alex Ekwueme, condoles with Nigerians
November 21, 2017 No Responses

Buhari mourns Alex Ekwueme, condoles with Nigerians

President Muhammadu Buhari has condoled with Nigerians, and the Government and people of Anambra, on the passing away of elder statesman and former Vice President, Dr Alex Ekwueme, who died on November 19. President Buhari, in a statement issued by...
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Black Friday: Coscharis motors partner jumia on discounts for customers
November 21, 2017 No Responses

Black Friday: Coscharis motors partner jumia on discounts for customers

Coscharis Motors PLC, a foremost automobile dealer in Nigeria and sole representative of globally respected iconic auto brands like Ford, BMW, Jaguar, Land Rover, Morris Garages (MG), etc, in Nigeria, has partnered with Jumia the largest online shop in Africa....
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NNPC, Chevron sign $1.7b deal to increase crude, gas production
November 20, 2017 No Responses

NNPC, Chevron sign $1.7b deal to increase crude, gas production

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. The agreement, signed in London, is also expected...
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Expert blames exit of firms from oil & gas zone on alleged OGFZA’s unfriendly policies
November 20, 2017 No Responses

Expert blames exit of firms from oil & gas zone on alleged OGFZA’s unfriendly policies

Citing unfriendly policies, a Port Harcourt based oil and gas industry expert, Dr. Austin Obieze has accused the Oil and Gas Free Zones Authority (OGFZA) of allegedly deviating from Federal Government laid down rules and regulations.    This is even...
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