Tag: Business

ACG Zone ‘A’ Commissions Projects At Tincan Island Port
September 13, 2018 No Responses

ACG Zone ‘A’ Commissions Projects At Tincan Island Port

The Tincan Island Port Apapa received another boost in terms of infrastructural projects following the commissioning of a ‘ONE TREATMENT AREA’, to enhance the Operations of the Query & Amendment Department.    In the same vein, an Ultra Modern Canteen...
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Nigeria, South Africa, Ghana, Kenya Set For Maritime Pact
September 13, 2018 No Responses

Nigeria, South Africa, Ghana, Kenya Set For Maritime Pact

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stressed that regional collaboration is key to developing Africa’s maritime sector, stating the Agency’s commitment to continue to reposition ...
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Photo News
September 13, 2018 No Responses

Photo News

Adesola Adeduntan, MD/CEO, First Bank of Nigeria Limited (sitting right) with Hou Zhigang, Chairman & President of China-Africa E-Commerce Co.,Ltd. (sitting left), whilst Bashirat Odunewu , FirstBank’s Group Executive, International Banking Group, and Zh...
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Nigeria Explains Paris Club Refund To States
September 12, 2018 No Responses

Nigeria Explains Paris Club Refund To States

The Federal Ministry of Finance on Tuesday provided some clarifications on the Paris Club Refund approved for the 36 States of the Federation.    It will be recalled that the issue of Paris Club loan over-deduction had been a long...
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SIFAX Photo News
September 12, 2018 No Responses

SIFAX Photo News

L-R: Mrs Monsurat Ahmed-Ogundipe, Health Education Officer, Alimosho LGA; Foluke Ademokun, Executive Coordinator, Ajoke Ayisat Afolabi Foundation; Mrs. Adejoke Oshodi-Olasunkanmi, Director, Non-Governmental Organisation, Ministry of Women Affairs and Poverty A...
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Heritage Bank MD Implores Commercial Banks On SMEs Growth, Vibrant Economy
September 12, 2018 No Responses

Heritage Bank MD Implores Commercial Banks On SMEs Growth, Vibrant Economy

The MD/CEO of Heritage Bank Plc, Mr. Ifie Sekibo on Tuesday  tasked commercial banks to intervene in building a formidable economy driven on the wheel of Small and Medium Scale Enterprises (SMEs) because there is lots of value and opportunities...
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Doraleh Terminal: Djibouti Nationalises PDSA Shares
September 12, 2018 No Responses

Doraleh Terminal: Djibouti Nationalises PDSA Shares

The Republic of Djibouti has decided to nationalize, with immediate effect, all the shares and corporate rights held by Port de Djibouti SA (PDSA) in the Doraleh Container Terminal (DCT) company. As explained, the move was made to protect the...
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Photo News
September 12, 2018 No Responses

Photo News

Past President, The Chartered Institute of Bankers of Nigeria, Dr Segun Aina, Past President, CIBN Mr Okechukwu Unegbe, Former Minister of Economic Development  Alh Umaru Mutallab and Acting Director General, Securities and Exchange Commission, Ms Mary Uduk d...
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Mercedes-Benz Exceeds 1.5m Sales Units In Eight Months
September 11, 2018 No Responses

Mercedes-Benz Exceeds 1.5m Sales Units In Eight Months

Mercedes-Benz delivered 1,512,268 vehicles to customers worldwide in the first eight months of this year, thus setting a new record (+1.1%).   Never before in the company’s history were sales of 1.5 million vehicles achieved earlier in the year. Mercedes-Be...
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Investors Drag Volkswagen To Court Over €9B Diesel Damages
September 11, 2018 No Responses

Investors Drag Volkswagen To Court Over €9B Diesel Damages

Volkswagen has gone on trial in Germany in what is the first court case against the carmaker over the diesel scandal.   Investors are pursuing VW for about €9.2bn (£8.2bn) in damages, claiming the company should have come clean sooner...
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MTN Takes Nigeria To Court Over Alleged Illegal $10.1b FOREX Transactions, Taxes
September 11, 2018 No Responses

MTN Takes Nigeria To Court Over Alleged Illegal $10.1b FOREX Transactions, Taxes

MTN has urged the Federal High Court to restrain the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation (AGF) from enforcing their orders that the telecommunication firm should refund $8.1 billion and $2 billon to the Federal...
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NPA: Due Process Was Followed In Escravos Contract
September 11, 2018 No Responses

NPA: Due Process Was Followed In Escravos Contract

All processes enumerated in the Procurement Act, 2004 were followed in the contract of the dredging of  Escravos Bar in Warri, the Nigerian Ports Authority (NPA) has said.      In a statement issued by Isah Suwaid onbehalf  of NPA,...
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Qatar Airways To Commence Direct Flight To Mombasa
September 11, 2018 No Responses

Qatar Airways To Commence Direct Flight To Mombasa

Qatar Airways said it is launching a second direct flight to Kenya’s second city, Mombasa, in an attempt to open up the country’s beautiful coasts to international holiday-makers. The airline in a statement said that the flight to Mombasa would...
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NIMASA Boss In Hamburg, Urges Europe To Embrace China Model In Africa
September 10, 2018 No Responses

NIMASA Boss In Hamburg, Urges Europe To Embrace China Model In Africa

The Director General, Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr. Dakuku Peterside has charged foreign investors to tap in to the opportunities that abound in the African maritime sector.   Dakuku who spoke at the Nigerian Business Summi...
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