Business Archives — Page 238 of 481

June 21, 2018 No Responses

Reps Justifies N578b Hike In 2018 Budget

Nigeria’s House of Representatives has justified its decision to raise the 2018 budget estimates by N578 billion. The House also blamed the Executive for the late passage of the budget. Reacting to President Muhammadu Buhari’s complaints while signing...

June 21, 2018 No Responses

Nigeria Removes VAT From Domestic Air Transportation

Barely three weeks after indigenous airlines in Nigeria threatened to stop remittance of Value Added Tax (VAT) to the Federal Government, the government has bowed to the demand of the local carriers. The umbrella body of local airlines in Nigeria,...

June 21, 2018 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (4th from left) and Officials of China Development Bank and Lekki Deep Sea Port after a meeting at the Authority’s Corporate Headquarters in Marina, Lagos.

June 21, 2018 No Responses

2018 Sallah: FRSC Explains 11 % Drop in Road Deaths

Following the just concluded 2018 Eid-El-Fitri Sallah Special Patrol which lasted from Wednesday 13 June 2018 to Monday 18 June 2018, the Federal Road Safety Corps (FRSC) recorded 51 deaths (11% decrease in the number of people killed) in road...

June 21, 2018 No Responses

Uruguay Defeats Saudi Arabia, Joins Round of 16

Luis Suarez marked his 100th international cap by sending Uruguay into the last 16 of the World Cup as the striker benefited from some poor goalkeeping to eliminate Saudi Arabia with a 1-0 win on Wednesday. Suarez tapped in midway...

June 21, 2018 No Responses

NSE Photo News

L – R: Abolaji Oyebo, Head, Technology, The Nigerian Stock Exchange (NSE); Engineer Taiwo Oluseyi, Vice President, Industry, Abuja Chamber of Commerce and Industry (ACCI); Alh. (Dr.) Abubakar Al-Mujtaba-1st Deputy President, ACCI; Tinuade Awe, Executive Dire...

June 20, 2018 No Responses

Canada Legalises Use Of Marijuana

Canada has passed a landmark law that legalises the recreational use of marijuana nationwide. The Cannabis Act passed its final hurdle on Tuesday in a 52-29 vote in the Senate. The bill controls and regulates how the drug can be...

June 20, 2018 No Responses

20 German Firms Seek Investments In Nigeria

No fewer than 20 German firms are in Nigeria to explore investment opportunities in the country. The Chief Executives of the visiting firms, led by the Minister of Industry, Trade and Investments, Dr Okechukwu Enelamah, on Tuesday paid a courtesy...

June 20, 2018 No Responses

New Audi A1 Sportback Debuts

In 2010, a brand-new Audi model line made its debut in the shape of the A1. And now the second generation of the successful compact car is rolling to the starting line. Its dynamic design characterizes the new Audi A1...

June 20, 2018 No Responses

FG Explains N1.580Trillion Capital Cost To MDAs

The Federal Government has announced that a total of N1,580,270,755,084.44(One trillion, five hundred and eighty billion, two hundred and seventy million, seven hundred and fifty-five thousand, eighty-four naira, forty-four kobo) capital cost was released to M...

June 20, 2018 No Responses

Kia Niro Earns Top Safety Pick

The Insurance Institute for Highway Safety (IIHS) has awarded its best rating possible, Top Safety Pick Plus (TSP+), to the 2018 Kia Niro when equipped with available Forward Collision Warning System (FCWS) and Autonomous Emergency Braking System (AEB)[i] as w...

June 20, 2018 No Responses

Controversy Persists As Senegal Defeats Poland

Senegal deservedly defeated Poland in a game of few chances to claim the first win by an African team at the World Cup – although there was a hint of controversy about their second goal. M’Baye Niang sprinted back on...

June 20, 2018 No Responses

Naira Converges At N360 To Dollar

The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria(NAN) reports. At the parallel market, the naira traded at N360 to a dollar, stronger than the N360.6 exchanged before...

June 20, 2018 No Responses

Liberia, China Classification Society Seal Innovation MoU

The Liberian Registry and the China Classification Society (CCS) have agreed a Memorandum of Understanding (MoU) as the latest step in its strategy to collaborate effectively with its long-term key industry stakeholders. Under the terms of the MoU, the Liberia...