Business Archives — Page 275 of 559

October 24, 2018 No Responses

Shipping Firm To Introduce Fuel Surcharge

South Korean liner company Hyundai Merchant Marine (HMM) is joining the club of liner giants that are planning to add fuel adjustment surcharge ahead of the 2020 sulphur cap. The company said that the surcharge would be introduced in...

October 23, 2018 No Responses

Access Bank Declares N375b Earnings, N62.9b Profit In Q3

Access Bank Plc has announced top line earnings of ₦375.2 billion for the nine months ended 30 September 2018, up 3% from N365.1 billion recorded during the corresponding period in 2017. The Bank’s Profit after Tax (PAT) increased 12% to...

October 23, 2018 No Responses

World’s Longest $20B Sea Crossing Bridge Opens

Chinese President, Xi Jinping has officially opened the world’s longest sea crossing bridge, nine years after construction first began. Including its access roads, the bridge spans 55km (34 miles) and connects Hong Kong to Macau and the mainland Chines...

October 23, 2018 No Responses

World’s Largest LNG Bunker Supply Vessel Departs South Korea

The world’s largest LNG bunker supply vessel Kairos departed from the Hyundai Mipo Dockyard in Ulsan, South Korea, on October 17, heading for the ship’s primary area of operation in Northwest Europe. The ship, with an LNG capacity of 7,500...

October 23, 2018 No Responses

NIMASA Boss Tasks Enforcement Officers On Zero Tolerance To Marine Accidents

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged players in the maritime sector especially enforcement officers to comply with safety rules that would eliminate marine accidents and other re...

October 23, 2018 No Responses

Paul Biya, 85, Wins Seventh Term As Cameroon’s President

Cameroon’s President Paul Biya has won a seventh term in office in polls marred by low turnout and voter intimidation. Mr Biya, at 85 sub-Saharan Africa’s oldest leader, took 71.3% of the vote, according to official results. Opposition calls for...

October 22, 2018 No Responses

SEC: Vibrant Commodities Exchange Will Aid Economic Development

The Securities and Exchange Commission (SEC) has said that a more organized Commodities Exchange Market in the country would enhance efficiency and lead to economic growth and development. The Ag. Director General of SEC, Ms. Mary Uduk stated this when she....

October 22, 2018 No Responses

Nationwide Strike Begins November 6 In Nigeria

The labour unions in Nigeria on Sunday threatened to commence nationwide, indefinite strike from November 6, 2018 if the Federal Government does not meet their demands. In a press statement, President of the Nigeria Labour Congress (NLC), Ayuba Wabba,.....

October 22, 2018 No Responses

CLO To INEC: Don’t Disenfranchise Zamfara Electorates

The Civil Liberties Organisation (CLO) has called on political leaders in the All Progressives Congress, (APC), especially President Muhammadu Buhari to urgently call the Chairman of the party, Comrade Adams Oshiomhole and members of his National Working Com...

October 22, 2018 No Responses

SEC Photo News

Director General, Ghana Securities and Exchange Commission Rev Daniel Tetteh, Acting, Director General Nigeria SEC Ms Mary Uduk and Acting, Commissioner, SEC Mr Isyaku Tilde during a Meeting between SEC Nigeria and Ghana SEC in Abuja, weekend

October 22, 2018 No Responses

PFAs Invest N1.49t In Treasury Bills

Not less than N1.49 trillion have been invested by Pension Fund Administrators (PFAs) in Treasury Bills. According to the monthly National Pension Commission (PenCom) report released at the weekend in Abuja by its spokesman, Peter Aghahowa, the PFAs invested...

October 22, 2018 No Responses

Photo News

Director General, Ghana Securities and Exchange Commission Rev Daniel Tetteh and Acting, Director General Nigeria SEC Ms Mary Uduk during a Meeting between SEC Nigeria and Ghana SEC in Abuja, weekend

October 21, 2018 No Responses

Firm Takes Delivery of LNG Carrier

Japanese shipping giant Mitsui O.S.K. Lines has taken delivery of the LNG carrier Marvel Eagle, the first of three vessels intended to transport gas in the U.S. The MOSS-type ship, featuring a capacity of 155,000 cbm, was named on September...

October 21, 2018 No Responses

Buhari Condemns Communal Violence In Kaduna State

President Muhammadu Buhari has condemned the latest communal violence in Kasuwan Magani in Kaduna State which claimed 55 lives. Reacting to the violent clashes, President Buhari said the frequent resort to bloodshed by Nigerians over misunderstandings that can...