Terminal Handling Charges begins at Cotonou, Togo ports

Terminal Handling Charges begins at Cotonou, Togo ports

With effect from August 15, 2016, Ports in Cotonou, Benin Republic and Togo will begin implementation of Terminal Handling Charges (THC).   In a notice sent to all stakeholders yesterday, Shipping firm, CMA CGM explained that THC will be applicable...
read more
Oil workers divided as strike begins

Oil workers divided as strike begins

Members of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have commenced   nationwide strike to  push for the implementation of their demands. However, the South West Chairman of the Nigeria Union of Petroleum and Natural Gas Work...
read more
Qatargas unveils agreement with Global Energy Infrastructure

Qatargas unveils agreement with Global Energy Infrastructure

Qatargas, the World’s Premier LNG Company, has announced a long-term Sale and Purchase Agreement (SPA) with Global Energy Infrastructure Limited (GEIL). Under the terms of the agreement, Qatargas will supply 1.3 million tonnes per annum of Liquefied Natural ...
read more
WFE partners varsity on training

WFE partners varsity on training

The World Federation of Exchanges (WFE) has announced an education partnership with University of Cambridge Judge Business School Executive Education (“Cambridge Judge”).    As part of the agreement, WFE members will be able to access and apply for a ran...
read more
NAGAFF pledges support for NIMASA’s restructuring

NAGAFF pledges support for NIMASA’s restructuring

The National Association of Government Approved Freight Forwarders (NAGAFF) has commended the Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) for its commitment to the on going restructuring exercise in the Agency for enhanced eff...
read more
Skye Bank new MD pledges to harness employees’ expertise

Skye Bank new MD pledges to harness employees’ expertise

The new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has pledged the commitment of the new management to harness expertise of employees and the reconstituted board as part of measures to take Skye Bank to...
read more
Nationwide strike looms over alleged $7b debt

Nationwide strike looms over alleged $7b debt

BARRING any last minute adjustment, the Minister of Labour and Employment, Dr Chris Ngige and other senior government officials will today meet with representatives of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. The meet...
read more
Employers seek end to NLC crisis

Employers seek end to NLC crisis

The leadership crisis rocking the Nigeria Labour Congress (NLC) is a threat to the development and growth of Nigeria’s economy, the Director-General, Nigeria Employers’ Consultative Association (NECA), Olusegun Oshinowo has said.   Speaking during an inte...
read more
Offshore West Africa gets new date

Offshore West Africa gets new date

PennWell Corporation, owners and producers of the annual Offshore West Africa Conference & Exhibition have announced a change in date for its 21st edition. According to a statement, the new 2017 date has been set for 6‐8 Jun...
read more
Crisis looms in Edo PDP as Iduoriyekwemwen gets certificate of return

Crisis looms in Edo PDP as Iduoriyekwemwen gets certificate of return

Ahead of the September 10, 2016 Governorship election in Edo State, factional chairman of the Peoples Democratic Party (PDP), Ali Modu Sheriff has  presented certificate of return to  Matthew Iduoriyekwemwen. Sheriff is also expected to present Iduriyekwemwe...
read more
FRSC deploys 30,000 officials for Eid-el-Fitri

FRSC deploys 30,000 officials for Eid-el-Fitri

The Federal Road Safety Corps (FRSC) has deployed not less than 30,000 officials for the Eid-el-Fitri celebrations. Corps marshal of FRSC, Boboye Oyeyemi also cautioned motorists to ensure they use their seatbelt as they embark on journeys during the festive.....
read more
NIMASA has not floated scholarship scheme, says DG

NIMASA has not floated scholarship scheme, says DG

The Nigerian Maritime Administration and Safety Agency (NIMASA) has dismissed as fraudulent an online platform purporting that the Agency has floated a scholarship programme tagged “NIMASA Scholarship 2016/2017”.   The Director General, Dr. Dakuku...
read more
Shareholders divided over compulsory resignation of Skye Bank Board, Management

Shareholders divided over compulsory resignation of Skye Bank Board, Management

Controversy has continued to trail the compulsory retirement of the Board and Management of Skye Bank Plc by the Central Bank of Nigeria (CBN).    A cross section of the Bank shreholders who spoke with City BusinessNews expressed divergent views on...
read more
Lobbying for NAC DG post intensifies at presidency

Lobbying for NAC DG post intensifies at presidency

Not less than six contenders are jostling for the position of Director General of National Automotive Council (NAC), as the tenure of the incumbent, Engineer Aminu Jalal expires early next year (2017).    City BusinessNews gathered this morning that four...
read more