yetty, Author at City Business News

April 30, 2022 No Responses

Ministry Tasks LADOL On Local Content, Youth Employment

The Permanent Secretary, Ministry of Transportation, Dr Magdalene Ajani, has urged the Lagos Deep Offshore Logistics Base (LADOL), to promote local content and youth employment. Ajani, in a statement said this was in furtherance of the Federal Government’s policy...

April 30, 2022 No Responses

20 Pension Fund Administrators Meet Deadline For N5b Minimum Capital

Twenty Pension Fund Administrators (PFAs) met PenCom’s deadline to increase their Minimum Regulatory Capital (shareholders’ fund) from N1 billion to N5 billion by April 27. Pension Commission (PenCom) made the declaration in a statement it issued in Lag...

October 17, 2020 No Responses

Lee Engineering Boss Seeks Import Duty Waiver, Tax Relief For Indigenous Fabrication Firms

Executive Chairman, Lee Engineering, Dr Leemon Ikpea, has appealed to the Federal Government to grant import duty waiver and tax relief for indigenous fabrication companies as part of measures to support the government in job creation and boost the eco...

October 17, 2020 No Responses

Ganduje At NSC, Implores FG On Rail Extension To Dala Inland Port

Governor of Kano State, Abdullahi Ganduje has called on the Nigerian Shippers’ Council (NSC) to follow up with the Federal Ministry of Transportation to declare Dala Inland Dry Port as a destination port. Ganduje made the call when he visited...

October 17, 2020 No Responses

Photo News

R-L: John Jenkins, Managing Director, Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group; Abdullahi Ganduje, Executive Governor, Kano State; Hassan Bello, Executive Secretary/CEO, Nigeria Shippers’ Council and an official of the Kano St...

October 17, 2020 No Responses

British Airways Fined £20m Over Data Breach

British Airways has been fined £20m ($26m) by the Information Commissioner’s Office (ICO) for a data breach which affected more than 400,000 customers. The breach took place in 2018 and affected both personal and credit card data. The fine...

October 15, 2020 No Responses

Bajaj Auto Signs Jay Jay Okocha As Brand Ambassador

Bajaj Auto, the world’s leading manufacturer of 3-wheelers has partnered with Jay Jay Okocha, to endorse its commercial vehicle range consisting of 3-wheeler and 4-wheeler products. Regarded as Nigeria’s greatest and most skillful sports personality, Ja...

October 14, 2020 No Responses

FEC Boosts NRC‘s Security With N1.28b Equipment, N22b For Apapa-Oworonsoki-Ojota Road

The Federal Executive Council (FEC) has approved N1.28billion for the purchase and installation of security equipment at seven stations of the Nigerian Railway Corporation (NRC) along Abuja-Kaduna-Kano lines. The Minister of Transportation, Mr Rotimi Amaechi, ...

October 14, 2020 No Responses

CBN Warns Shipping Lines, Shippers On Export Proceeds Numbers

Non-compliance by shipping lines to the directive by the Federal Government that all export goods leaving the country should carry Nigerian Export Proceeds (NXP) numbers was the focus of discussions during a meeting recently convened by the Central Bank of...

October 14, 2020 No Responses

Ecobank Rewards Xpress Point Agents

Ecobank Nigeria has rewarded its Agency Banking partners, also known as Xpress Point Agents across the six geo-political zones of the country with mouthwatering gifts for their performances from January to September 2020. This reward is coming ahead o...

October 14, 2020 No Responses

CMA CGM’s LNG-Powered Giant Sets World Record

The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel. On its departure from Singapore on 12 October, the new flagship of...

October 14, 2020 No Responses

Hyundai Motor Heir Takes Over From Father

Hyundai Motor Group on Wednesday appointed Euisun Chung as group chairman , cementing his succession from his octogenarian father in a move likely to give impetus to the world’s fifth-largest automaker’s push into electric vehicles and flying ...

September 23, 2020 No Responses

SON Certifies 21 Manufacturers

The Standards Organisation of Nigeria (SON) ) has certified 13 manufacturers in the Federal Capital Territory (FCT) for maintaining consistency in the quality of their products. SON FCT Coordinator, Mr Gambo Dimka, said this at the organisation’s “Manda...

September 23, 2020 No Responses

Nigeria Mulls Tax Holiday For Maritime Sector

As part of measures to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation is seeking a package of tax incentives for the sector. Director-General of the Nigeri...