Business Archives — Page 271 of 559

November 5, 2018 No Responses

Aviation Workers To Withdraw Services

AVIATION workers will down tools from midnight on Monday in compliance with the call for an industrial action by Labour. The strike is to press the government for the N30,000 minimum wage request. The Federal Government has proposed N24,000 minimum wage,...

November 4, 2018 No Responses

NAHCO Records N7.25B Turnover, N601.3M Profit In Nine Months

Riding on the back of an excellent half – year performance, the Nigerian Aviation Handling Company plc (nahco aviance) has once again posted impressive Q3 results. In the figures released to the Nigerian Stock Exchange (NSE), the Company recorded N7.25...

November 4, 2018 No Responses

Covenant University Photo News

Left to Right: (Back) Pastor Kayode Martins, Chaplain, Covenant University; Prof. Philip Alege, Dean, College of Business and Social Sciences, Covenant University; Dr. Lanre Amodu, Acting Registrar, Covenant University; Prof. Aderemi Atayero, Vice Chancell...

November 4, 2018 No Responses

Photo News

The Minister of Information and Culture, Alhaji Lai Mohammed (middle); the Olomu of Omu-Aran, Oba Abdulraheem Oladele Adeoti (fourth from right) and other Council Chiefs when the Minister paid acourtesy visit to the Oba in his palace in Omu-Aran, Kwara State...

November 3, 2018 No Responses

Nigerian Senate Probes 100% Foreign Ownership Of Some Multinational Firms

The Committee on Local Content has concluded plans to investigate 100 per cent foreign ownership of some multinational companies registered in Nigeria. The Chairman of the committee, Senator Solomon Adeola, made this known in Port Harcourt, while briefing ne...

November 3, 2018 No Responses

CBN Injects $337.16m, 56.17m CNY Into Retail Secondary Market Intervention Sales

The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November. A statement issued in Abuja by Isaac...

November 2, 2018 No Responses

APM Terminals To Offer 18m Shares For Sale

APM Terminals Bahrain revealed its plans to raise around USD 32 million through its planned initial public offering (IPO). APM Terminals Bahrain will offer 18 million shares, equivalent to 20 per cent of its issued share capital, at BHD 0.66...

November 2, 2018 No Responses

DAKUKU: CHINA MARITIME SILK ROAD, GAME CHANGER FOR GLOBAL TRANSPORT

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Chinese Belt and Road Initiative (BRI), also known as the Silk Road Economic Belt and the 21st-century Maritime Silk Road, will be....

November 2, 2018 No Responses

NIMASA DG In Dubai, To Enforce 0.5% Sulphur Limit On Bunker Fuel

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency will enforce strict compliance to the International Maritime Organisation regulation which puts a maximum of 0.5% sulphur ...

November 2, 2018 No Responses

ExxonMobil To Produce Marine Gasoil, Diesel

ExxonMobil has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. As explained, the new 50,000 barrel-per-day unit expands t...

November 2, 2018 No Responses

Drunk Pilot Arrested At Airport

A Japanese pilot who was arrested at Heathrow Airport for being drunk has admitted being more than nine times the legal alcohol limit. Katsutoshi Jitsukawa, 42, who works for Japan Airlines, was arrested on 28 October after failing a breath...

November 2, 2018 No Responses

PDP: Atiku Will Reduce Fuel Price

The Peoples Democratic Party (PDP) says its Presidential candidate, Atiku Abubakar, has worked out a pricing template that will immediately crash the pump price of fuel in the country, since the President Muhammadu Buhari-led All Progressives Congress (APC) ad...

November 2, 2018 No Responses

CBN Unveils Guidelines For Payment Service Banks

As part of measures to promote a sound financial system and enhance access to financial services for low income earners and unbanked segments, the Central Bank of Nigeria (CBN) on Thursday unveiled operational guidelines for Payment Service Banks (PSBs). T...

November 1, 2018 No Responses

NAHCO Appoints Oladapo Chairman, Oluwatoyin Director

The Nigerian Aviation Handling Company Plc (nahcoaviance) has announced the appointment of Mr.SehindeFadeniOladapo as its Chairman, Board of Directors. Oladapo takes over from Arc Usman Arabi Bello, who resigned from the position on Thursday, October 25, 2018....