Business – Page 340 – City Business News

July 10, 2018 No Responses

NIMASA Engages CBN On Special Interest Rate

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has disclosed that the Agency is engaging the Central Bank of Nigeria to create a special interest rate for maritime assets acquisition in Nigeria stating that...

July 10, 2018 No Responses

Mercedes-Benz Unveils State-Of-The Art Showroom In Victoria Island

Citybusinessnews@yahoo.com – MB Automobile Services Limited, one of the authorized dealers of Westar Associates Limited, sole representative of Mercedes-Benz in Nigeria has unveiled state-of-the art showroom in Victoria Island, Lagos State. ...

July 10, 2018 No Responses

Delta Air Lines Lifts 17.7m Passengers In June

Delta Air Lines airlifted 17.7 million passengers across its routes including Nigeria in June 2018, thereby becoming the busiest month for the carrier in its annals. According to the airline, June 2017, still holds the record for most customers...

July 10, 2018 No Responses

Coscharis Photo News

From L-R: Josiah Samuel, Group Managing Director, Coscharis Group; Dumisani Radebe, Director, BMW, Sub-Sahara Africa; Cosmas Maduka, President, Coscharis Group and Tim Abbot, Chief Executive Officer, BMW South Africa and Sub-Sahara Africa durin...

July 10, 2018 No Responses

Forum Sets Agenda For Haulage Operators In Nigeria

Concerned with the spate of road traffic crashes involving haulage and other related vehicles in the country, the Federal Government through the office of the Secretary to the Government of the Federation (SGF), Boss Mustapha called a meeting of relevant...

July 10, 2018 No Responses

NNPC Kick- Starts Seven Critical Gas Projects

A major stride in the attainment of national energy sufficiency was achieved in Lagos on Monday with the commencement of technical framing workshop and subsequent project signing ceremony of the seven Critical Gas Development Projects (7CGDP) to deliver about ...

July 9, 2018 No Responses

Virgin Atlantic Lifts 26m Passengers Out Of Nigeria In 17 Years

Virgin Atlantic Airways has airlifted 26 million passengers in and out of Nigeria since it commenced flight operations 17 years ago between Gatwick International Airport, London and the Murtala Muhammed International Airport (MMIA), Lagos. Within the peri...

July 9, 2018 No Responses

Shareholders fault Oando’s 2017 Result, Seeks Forensic Audit

Shareholders under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), at the weekend, faulted the 2017 full year result of Oando Plc. The group also lamented the inability of the company to pay dividend to its shareholders for...

July 9, 2018 No Responses

SEC Nigeria Faults Report On MTN, IPO

The Securities and Exchange Commission (SEC) has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the Commission regarding an Initial Public Offering (IPO). The Commission in a Circular in Abuja weeke...

July 9, 2018 No Responses

Customs Zone ‘A’ Records N8.6b, Impounds 167 Vehicles In Six Months

The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos intercepted various contraband with a duty paid value (DPV) of Eight Billion, Two Hundred and Fourteen Million, Four Hundred and Eighty Six Thousand, Seventy Two Naira, Seventy F...

July 9, 2018 No Responses

LNG: Japan To Launch First Bunkering Vessel in 2020

Central LNG Shipping Japan Corporation (CLS) has placed an order for a 3,500 m3 LNG bunkering vessel (LBV) on July 6, the first to be operated in Japan. The joint venture company, established by Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota...

July 8, 2018 No Responses

Hyundai Merchant Marine Receives Two Mega Containerships

The two 11,000 TEU sister ships, HMM Blessing and HMM Promise, were handed over to their owner on June 26 and 30, respectively. Originally ordered by Greek-based Oceanbulk Container Carriers in 2014, the ships were transferred to HMM as part...

July 8, 2018 No Responses

Croatia Stops Russia

Russia’s remarkable World Cup run ended in a heart-breaking quarter-final defeat on penalties as Croatia bounced back from a late extra-time equaliser to set up a last-four meeting with England. Defender Mario Fernandes, who had brought his side level th...

July 7, 2018 No Responses

Mercedes-Benz Records 1.18m Sales In Six Months

Moses Ebosele, citybusinessnews@yahoo.com – Between January and June, this year, Mercedes-Benz maintained its position as the premium brand with the most new registrations in several markets, including Germany, France, Russia, Switzerland, Por...