Author: yetty

Firms Team Up On Smart Ship Development
September 29, 2019 No Responses

Firms Team Up On Smart Ship Development

South Korea’s container shipping major Hyundai Merchant Marine and Daewoo Shipbuilding and Marine Engineering have joined forces on the research, development and innovation in the field of smart ship technologies.Under a Memorandum of Understanding, the parties would conduct research on...
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Lawan Seeks Legislation For Budget Cycle
September 28, 2019 No Responses

Lawan Seeks Legislation For Budget Cycle

President of the Senate, Ahmad Lawan, has underscored the need to have a budget reform that will include a law on timeliness in budget passing.“We can reform our budget cycle if there is a law on timeliness for budget passing,”...
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Volkswagen Faces First Mass Diesel Lawsuit
September 28, 2019 No Responses

Volkswagen Faces First Mass Diesel Lawsuit

Volkswagen will face a German court Monday, as hundreds of thousands of owners of manipulated diesel cars demand compensation four years after the country’s largest post-war industrial scandal erupted.The first hearing in what is likely to be a grinding,...
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Photo News
September 28, 2019 No Responses

Photo News

L-R: Nigeria’s Alternate Permanent Representative, International Maritime Organization (IMO), Dikko Bala, Director, Special Duties, NIMASA, Hajia Lami Tumaka, Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman and President, Women in Maritim...
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Nigeria Highlights Climate Change Challenges
September 28, 2019 No Responses

Nigeria Highlights Climate Change Challenges

President Muhammadu Buhari Friday in New York gave some insights into the severe climate challenges confronting the country.At a meeting with the Nigerian Youths Climate Group shortly before his departure for Abuja at the conclusion of his engagements on the.....
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WFE, Sustainable Stock Exchanges Seal Partnership
September 28, 2019 No Responses

WFE, Sustainable Stock Exchanges Seal Partnership

The World Federation of Exchanges (WFE) and the United Nations Sustainable Stock Exchanges (SSE) initiative have formalised their deepening partnership, with the two organisations agreeing to work together on building capacity and technical assistance to stake...
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NSE Photo News
September 28, 2019 No Responses

NSE Photo News

L – R, Dr. Nkiru Balonwu, Managing Partner, RDF, African Women on Board; Otunba Abimbola Ogunbanjo, President of the National Council of The Nigerian Stock Exchange (NSE); His Royal Majesty, Nnaemeka Alfred Achebe, CFR, Obi of Onitsha and Mr. Oscar...
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Toyota Partners GAC, FAW On Hydrogen Fuel Cars
September 27, 2019 No Responses

Toyota Partners GAC, FAW On Hydrogen Fuel Cars

Toyota Motor plans to launch hydrogen fuel-cell car models with its China partners Guangzhou Automobile Group (GAC) and FAW Group , as the Japanese automaker tries to boost its presence in the world’s biggest auto market.Toyota will also equip GAC...
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Buhari: Nigeria Lost $157.5b To Illicit Financial Flows Between 2003-2012
September 27, 2019 No Responses

Buhari: Nigeria Lost $157.5b To Illicit Financial Flows Between 2003-2012

President Muhammadu Buhari has disclosed that Nigeria lost an estimated US$157.5 billion to illicit financial flows between 2003 and 2012.Quoting from the 2014 Global Financial Integrity Report in his address to the High-Level National Side-Event organised by ...
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2020: Obiano Presents N137.1b Budget Proposal
September 27, 2019 No Responses

2020: Obiano Presents N137.1b Budget Proposal

Governor Willie Obiano of Anambra State on Thursday presented a budget proposal of N137.1 billion for 2020 to the State House of Assembly for approval.Mr Obiano, who tagged the budget “Accelerating Infrastructural Development and Youth Entrepreneurship’’...
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Customs Boss Explains Nigeria’s Partial Border Closure
September 27, 2019 No Responses

Customs Boss Explains Nigeria’s Partial Border Closure

The Comptroller-General of Nigeria Customs Service (NCS), Hameed Ali, has explained that the closure of Nigeria’s borders was undertaken to strengthen the nation’s security and protect its economic interests.Speaking during a meeting with border stakeholde...
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BA Losses £121m To Strike
September 27, 2019 No Responses

BA Losses £121m To Strike

British Airways owner IAG has warned that its profits will be lower than expected this year, partly due to the impact of strikes by its pilots.It said the strike earlier this month, in a row over pay and conditions, had...
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Rating Agency Downgrades CMA CGM
September 27, 2019 No Responses

Rating Agency Downgrades CMA CGM

The corporate family rating of French shipping major CMA CGM was downgraded to B2 from B1 amid the company’s weakened liquidity profile, according to rating agency Moody’s.Additionally, CMA CGM’s probability default rating was set to B2-PD from B1-PD, se...
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Senate Refers MTEF, FSP To Finance Committee
September 27, 2019 No Responses

Senate Refers MTEF, FSP To Finance Committee

The Senate on Thursday referred the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) documents to its Committee on Finance.The committee chaired by Senator Solomon Olamilekan Adeola (APC, Lagos West) was given one week to come...
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