Business – Page 376 – City Business News

November 27, 2018 No Responses

Commission Approves Sale of HSH Nordbank

The European Commission has approved the sale of HSH Nordbank by the German Länder of Hamburg and Schleswig-Holstein to private investors. The approval was granted after the Commission found the sale was carried out through an open, competitive and non-discriminatory...

November 27, 2018 No Responses

Photo News

R-L: Umar F. Abdullahi, immediate past chairman The PEARL Awards Nigeria, Oluwatoyin Sanni, member board of governors The PEARL Awards Nigeria presenting the Pearl Awards Capital Market Journalist of the year 2018 to Iheanyi Nwachukwu, head capital markets, Bu...

November 26, 2018 No Responses

Presco Emerges 2018 Agric Firm As MD Bags CEO Of The Year Award

A key player in the agriculture sector of the Nigerian Stock Exchange (NSE), Presco Plc, has emerged winner of the Agriculture Company of the year 2018. At a colourful ceremony held at Eko Hotels in Lagos on Sunday, the...

November 26, 2018 No Responses

Photo News

From left: Acting Executive Commissioner Operations, Securities and Exchange Commission, SEC, Mr. Isyaku Tilde, President PEARL Awards, Mr. Tayo Orekoya, Acting Director General SEC, Ms. Mary Uduk, President Association for the Advancement of the Rights of the...

November 25, 2018 No Responses

Emissions: Range Rover Evoque Gets Hybrid Technology

Land Rover is to add fuel-saving plug-in and mild hybrid power trains to the new-generation Range Rover Evoque recently unveiled. The Evoque has been a success since it was introduced in 2010 with just over 772,096 units built to date....

November 25, 2018 No Responses

Construction Of Warri-Itakpe Rail Corridor To Generate 1,000 Jobs

The Federal Government is to employ over 1000 workers for the construction of Warri-Itakpe standard gauge rail corridor, Managing Director, Nigerian Railway Corporation (NRC) Mr.Fidet Okhiria has said. Okhiria said: “It’s about 320km, about 12 station...

November 24, 2018 No Responses

Shipping Firm Receives Two Tankers

Singapore-based ship management company Eastern Pacific Shipping has taken delivery of two Aframax tankers from Hanjin Heavy Industries & Construction – Philippines. Named M/V Iberian Sea and M/V Levantine Sea, the two tankers feature 114,000 in dwt eac...

November 24, 2018 No Responses

Inter-Ministerial Committee On Cheaper Medicines Underway In Nigeria

President Muhammadu Buhari has directed the setting up of an inter-ministerial committee to fashion out how medicines and livestock drugs can be made available to the Nigerian public at a fraction of the prevailing prices. Receiving the executive board members...

November 24, 2018 No Responses

Aisha Buhari To Mothers: Break Culture Of Silence

Wife of the President has decried the increasing rate of Gender-Based Violence (GBV) especially those against young women, calling on mothers to break the culture of silence and report cases of abuse against their children. She was speaking during an...

November 23, 2018 No Responses

NLNG Implores Nigerian Firms On Maximum Value Of $4b Train 7 Project

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Thursday in Port Harcourt, said the company was 100% committed to a Train 7 project that will be delivered with the involvement of competent Nigerian...

November 23, 2018 No Responses

Again, MPC Retains Lending Rate At 14%

The Monetary Policy Committee (MPC) for the 14th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele made this known at a news conference on Thursday, in...

November 23, 2018 No Responses

NNPC Seeks New Funding Options For Operators

The NNPC says it is devising new ways to attract more funding for operators in Nigeria’s oil and gas industry to launch them into a new phase of exploration. The operators have been grappling with funding challenges which has cut...

November 23, 2018 No Responses

Nissan Sacks Chairman Over Alleged Financial Misconduct

Carlos Ghosn has been ousted after nearly two decades at the helm of Japanese carmaker Nissan, following allegations of financial misconduct. BBC reports that he has been accused by Nissan of under-reporting his salary and using company assets for personal...

November 22, 2018 No Responses

Obasanjo To Chair Zero Hunger Meeting

Nigeria’s former President, Chief Olusegun Obasanjo will on Thursday chair activities of the Nigeria Zero Hunger Forum’s meeting in Sokoto State. The two-day meeting in Sokoto, which commenced on Wednesday, will afford participating states in Nigeria the...