Business – Page 338 – City Business News

July 17, 2018 No Responses

NPA Photo News

The Managing Director, (NPA) Hadiza Bala Usman receiving a plaque from the Deputy General Manager, China Export & Credit Insurance Corporation, Zhou Shangzhi during the courtesy visit at the Nigerian Ports Authority’s Corporate Headquarters, Marina, Lagos.

July 16, 2018 No Responses

Rolls-Royce To Unveil Flying Taxi

Engine maker Rolls-Royce has designed a propulsion system for a flying taxi which it says could take to the skies as soon as early next decade. The British firm said it had drawn up plans for an “electric vertical take-off...

July 16, 2018 No Responses

Oando: Court Orders Wale Tinubu’s Firms to Pay Volpi $680 Million

The London Court of International Arbitration (LCIA) has issued an award against two companies owned by the Chief Executive Officer of Oando Plc, Mr. Wale Tinubu and his deputy, Mr. Mofe Boyo to pay a total debt of US$680 million...

July 16, 2018 No Responses

SEC Reiterates Support For Capital Market

The Securities and Exchange Commission, SEC has restated its dedication to collaborate with relevant stakeholders to further develop and deepen the capital market. The Ag. Director General of the Securities and Exchange Commission, SEC, Ms Mary Uduk ...

July 16, 2018 No Responses

Lagos To Come Alive For NTTF National Junior League

Hundreds of junior players across the country will converge in Lagos from July 27 to August 4 for the annual Nigeria Table Tennis Federation (NTTF) National Junior League which will herald Africa’s elite tournament – ITTF Challenge Nigeria Open. For...

July 15, 2018 No Responses

LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio

French energy giant Total has closed the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD 1.5 billion. Should the oil market mark a major improvement in the coming years, Total’s...

July 15, 2018 No Responses

Qatar Airways Deploys Airbus A350 To Edinburgh

Qatar Airways has upgraded its capacity to the Scottish capital, Edinburgh to the state-of-the-art Airbus A350-900, the first and only A350 service to Scotland. The airline in a statement said that its upgraded to the aircraft in order to meet...

July 15, 2018 No Responses

Buhari: We’ll Be Guided By National Interests In Signing Free Trade Agreement

President Muhammadu Buhari says Nigeria will only be signatory to the Continental Free Trade Agreement if the nation’s national interests as well as regional and international obligations are balanced. The President reiterated this position at the 2018 Ann...

July 15, 2018 No Responses

EKITI ELECTION

Governorship Candidate of the All Progressives Congress (APC), Dr Kayode Fayemi casting his vote at his polling unit in Isan Ekiti…on Saturday

July 14, 2018 No Responses

Nigeria Suspends Maerskline, Cosco, Two Others

The Nigerian Ports Authority (NPA) has announced a ten-day suspension of the services of Maerskline, Cosco Shipping, APS and Lansal with effect from July 14, 2018 as part of efforts to resolve the protest by truck drivers at the Lagos...

July 14, 2018 No Responses

FIRS Generates N2.5Tri In Six Months

The Federal Inland Revenue Service has announced that it realized a total of N2, 529,615,174,601.25 (Two trillion, five hundred and twenty-nine billion, six hundred and fifteen million, one hundred and seventy-four thousand, six hundred and one naira, twenty-...

July 14, 2018 one Response

Cassava Experts Train Edo Farmers On Mechanisation

The Nigeria Cassava Growers Association (NCGA), has completed training for framers in Edo State on farm mechanisation and Good Agricultural Practices (GAP). Explaining the rationale for the training, held in Benin City, the Edo State Chairman, NCGA, Donatus ...

July 13, 2018 No Responses

Nigeria Reconstitutes Tax Appeal Tribunals

The Federal Government has reconstituted the Tax Appeal Tribunals in the six geo-political zones as well as Lagos and Federal Capital Territory. The reconstitution of the Tribunals is in accordance with Section 2(1) of the Fifth Schedule of the...

July 13, 2018 No Responses

Holding Bays: NPA To Sanction Shipping Firms, Terminal Operators

The Nigerian Ports Authority (NPA) is to sanction shipping firms and terminal operators over failure to comply with agreement on holding bays. The agreement which was reached in November, 2017 between the Shipping Companies, Terminal Operators and the NPA,...