Business Archives — Page 395 of 485

March 16, 2017 No Responses

FG seeks Senate approval for $500 million Eurobond

The Federal Government has urged the Nigerian Senate to approve $500 million Eurobond to fund the 2016 Budget deficit. In a letter to the Senate read by president of the Senate, Bukola Saraki, Vice President Yemi Osinbajo explained that the...

March 16, 2017 No Responses

NPA boss pledges competitive tariff regime, actualisation of deep seaports

The proposed competitive tariff regime of Nigerian Ports Authority (NPA) would place the Agency on a better platform in the sub-region, Managing Director, Hadiza Bala Usman has said. Addressing a team of Oxford Business Group UK, who paid her a...

March 16, 2017 No Responses

Obaseki signs power purchase agreement

Edo State Governor, Mr. Godwin Obaseki has signed a power purchase agreement noting that the agreement was in furtherance of the previously outlined power plan for the state. Governor Obaseki disclosed this in Benin City on Wednesday, when he appended...

March 16, 2017 No Responses

Kaduna Airport: Dana Air MD lauds Minister, security arrangement

The Managing Director of Dana Air, Mr. Jacky Hathiramani, has commended efforts of the Minister of state for Aviation, Captain Hadi Sirika and other aviation agencies for what he described as a ‘skillful execution of the Kaduna Airport as alternate...

March 15, 2017 No Responses

Cassava: Experts brainstorm on challenges, way forward

Still in search of a healing balm, the world’s top cassava experts are in Nigeria to report progress on developing new varieties of cassava with higher yield and nutritional content. The high level meeting commenced on Tuesday at...

March 15, 2017 No Responses

EFCC intercepts N49m at Kaduna Airport

Following a tip off, operatives of the Economic and Financial Crimes Commission (EFCC), Kaduna zonal office, on Tuesday, March 14, 2017 intercepted a sum of N49million in five large black 150kg colored BUHU sacks. EFCC head, Media & Publicity, Wilson...

March 15, 2017 No Responses

Obaseki, Okowa eulogise late Ogbemudia

Governor Godwin Obaseki of Edo State and his Delta State counterpart, Governor Ifeanyi Okowa have said that the Late Dr Samuel Ogbemudia would be remembered for his numerous contributions to the development of defunct Bendel state. This was as the...

March 15, 2017 No Responses

Atiku endows education fund for Onukaba’s children

Former Vice President and chieftain of All Progressives Congress, Atiku Abubakar has endowed an education fund for the children of his late aide, Dr. Adinoyi-Ojo Onukaba. Onukaba, who died on his way back from former President Olusegun Obasanjo’s 80th ...

March 15, 2017 No Responses

NPA Photo News

L-R: Daughter of late General Adeyinka Adebayo, Mrs. Nike Makinde (Nee Adebayo); Managing Director, Nigerian Ports Authority, Hadiza Bala Usman; Son of the deceased, Otunba Niyi Adebayo and his wife, Erelu Adebayo, when the Managing Director of Nigerian Ports ...

March 14, 2017 No Responses

Don’t amend NLNG Act, NNPC boss tells National Assembly

Recent move by the National Assembly to amend the NLNG Act had dampened the optimism of investors, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru has said. The NNPC boss also urged the National Assembly...

March 14, 2017 No Responses

Buhari to Osinbajo: Head delegation on Niger Delta crisis

President Muhammadu Buhari on Monday directed Vice President Yemi Osinbajo to head a special presidential delegation charged with the task of resolving the crisis in the Niger Delta. Speaking with Journalists on Monday in Abuja, the Special Adviser to the...

March 14, 2017 No Responses

Check-off dues: PTECSSAN faults ZTE Nigeria, alleges anti-labour practices

The leadership of PTECSSAN has blamed ongoing face-off with ZTE Nigeria on alleged anti-labour practices on the part of the company. In a letter sent to the Editor of www.citybusinessnews.com on Tuesday, PTECSSAN said: “For ZTE Management to rush to...

March 14, 2017 No Responses

First Bank canvasses support for sustainable interest in Agriculture

As part of its commitment to support agriculture businesses across the value chain and to play its enabling role in the nation’s drive for economic diversification through agriculture, First Bank of Nigeria Limited, will hold an inaugural agric expo on...

March 14, 2017 No Responses

Obaseki to US Ambassador: We will make Edo an economic hub

Edo State Governor, Mr. Godwin Obaseki has disclosed that part of his administration’s strategic plan was to ensure that Edo State becomes an economic hub through agricultural and industrial activities. This was as he received the American Ambassador to Nige...