Business – Page 373 – City Business News

December 6, 2018 No Responses

NNPC Implores Investors On 10b Barrels Deep-Water Resources

The Nigerian National Petroleum Corporation (NNPC) on Wednesday multi-billion dollar investment opportunities in the nation’s deep-offshore frontiers at the 10th World Energy Capital Assembly in London, United Kingdom. Delivering his address at the panel session entitled: Spotlight on Africa”, Group...

December 6, 2018 No Responses

Senate Approves N338b For States, Contractors

Delta and Taraba States are to share N102.3 billion of the N338 billion approved on Wednesday by the Senate for disbursement as settlement for inherited local debts and contractual obligations. The funds approved for the two states are reimbursement for...

December 6, 2018 No Responses

Maersk Explains 2050 Target For Zero CO2 Emission

A.P. Moller -Maersk aims at having carbon neutral vessels commercially viable by 2030 and calls for strong industry involvement Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2...

December 6, 2018 No Responses

NSE Photo News

L – R Nerina Visser, CFA, Chairperson of the ASISA ETF Standing Committee; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Deborah A. Fuhr, Managing Partner & Founder, ETFGI during the 2018 NSE Annual ETPs...

December 5, 2018 No Responses

Dakuku Implores Maritime Bureau On Fairness, Inaugurates ICIC Committee

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called on the International Maritime Bureau (IMB) to ensure fairness and balance in its reportage of piracy issues on Nigeria’s territorial wat...

December 5, 2018 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd left), Chairman, NPA Board of Directors, Emmanuel Olajide Adesoye (right), former GM Public Affairs, Chief Michael Kayode Ajayi (2nd left), and Olori (Mrs.) Toyin Ajayi (left), durin...

December 5, 2018 No Responses

NLC Faults Memo On “No Work, No Pay”

The attention of the Nigeria Labour Congress has been drawn to a memo by the Federal Government dated November 29, 2018 directing all Vice Chancellors of Federal Universities to apply the “No Work… No Pay” rule. We understand that the...

December 5, 2018 No Responses

Heritage Bank Photo News

L-R: Delegate of the Regional Economic Advisor, French Embassy, William Levasseur; representative of the MD/CEO of Heritage Bank Plc, Ifie Sekibo; Jubril Adeojo, Team Lead, Power Corporate Banking and the Chairman of the NYPF, Moses Siloko Siasia, when Heritag...

December 4, 2018 No Responses

NPA Boss Seeks Improved Security At Seaports

To curb high level of insecurity and threats in Nigeria’s Maritime domain, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has called on all Ports Facility Security Officers (PFSOs) to double their efforts and remain ever vigilant....

December 4, 2018 No Responses

Qatar Pulls Out Of OPEC

Qatar has announced it is pulling out of the Opec oil producers’ cartel, just days before the group meets in Vienna. The Gulf state, which joined Opec in 1961, said it would leave the cartel in January and would focus...

December 4, 2018 No Responses

SEC Nigeria Unveils Green Bond Rules

The Securities and Exchange Commission of Nigeria (“SEC”) officially launched the Green Bonds Issuance Rules at a ceremony yesterday. Following a series of engagements with stakeholders and Capital Market Operators, the SEC rolled out its rules on...

December 4, 2018 No Responses

Minister: Nigeria To Partner Other African Countries On Blue Economy

The Federal Government of Nigeria has expressed its readiness to cooperate with sister countries and development bodies to advance Africa’s prosperity through the safe and sustainable use of the continent’s vast sea and ocean resources. The Minister of T...

December 4, 2018 No Responses

Police Lauds Atiku’s Sokoto Rally

The Police Command in Sokoto State on Monday said the North-West campaign rally of the Presidential Candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, held in Sokoto was hitch-free. The command’s Police Public Relations Officer (PPRO), DSP Co...

December 4, 2018 No Responses

Buhari: No Country Can Confront Climate Change Alone

President Muhammadu Buhari, Monday in Katowice, Poland, said no country can confront climate change alone, urging UN-member countries to rededicate themselves to the task of rebuilding and restoring a healthy environment for future generations. In an address t...