Tag: Business

Ford to invest $1b in artificial intelligence startup
February 11, 2017 No Responses

Ford to invest $1b in artificial intelligence startup

– By Michael Martinez, Auto News –  Ford Motor Company is investing $1 billion over the next five years in artificial intelligence startup Argo AI to help build the brains of its robot cars. The Pittsburgh company, founded last year,...
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Waste is Nigeria’s greatest challenge, says Obaseki
February 11, 2017 No Responses

Waste is Nigeria’s greatest challenge, says Obaseki

The greatest challenge facing Nigeria as a nation is that of waste. There is so much waste in this country, Edo State Governor, Mr. Godwin Obaseki has said. The Governor also said that now is the time to think about...
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Customs promotes 1,561 junior officers
February 11, 2017 No Responses

Customs promotes 1,561 junior officers

The Comptroller General of Customs, Col. Hameed Ibrahim Ali (Rtd) has approved the promotion of 1,561 Junior Officers to various ranks. A statement explained that the promotion “which is based on the performances of the personnel at the 2016 promotion...
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Arik Air to challenge FG takeover in court
February 10, 2017 No Responses

Arik Air to challenge FG takeover in court

The management of Arik Air on Thursday said it would challenge the taking over of the airline by the Assets Management Company of Nigeria (AMCON) in court. Ado Sanusi, Senior Vice President, Arik Air made the disclosure at a joint...
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Safety Standard: NPA partners FRSC on March 1 deadline for trucks at Seaports
February 10, 2017 No Responses

Safety Standard: NPA partners FRSC on March 1 deadline for trucks at Seaports

By Moses Ebosele –  The Managing Director of Nigerian Ports Authority ( NPA), Ms Hadiza Bala Usman has urged the Federal Road Safety Commission ( FRSC) to commence  enforcement of Minimum Standard of Safety and Road Worthiness ( MSSRW) for...
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CMA CGM gets new CEO
February 10, 2017 No Responses

CMA CGM gets new CEO

(WMN)-Rodolphe Saadé has been appointed as the new Chief Executive Officer of the French shipping company CMA CGM Group, taking over the reins from his father Mr. Jacques Saadé. Jacques Saadé remains Chairman of the Board of Directors, the company informe...
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NIMASA refutes report on Maritime Varsity as Board reiterates support for resource development centre
February 10, 2017 No Responses

NIMASA refutes report on Maritime Varsity as Board reiterates support for resource development centre

By Moses Ebosele –   The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied report alleging its opposition to the establishment ofMaritime University at Okerenkoko, in Warri South West Local Government Area of Delta State. A stateme...
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Obaseki tasks Pensions Fund Administrators on quality service delivery
February 10, 2017 No Responses

Obaseki tasks Pensions Fund Administrators on quality service delivery

Edo State Governor, Mr. Godwin Obaseki has assured the Pensions Fund Managers of his administration’s support in ensuring quality service delivery to Edo State workforce who are currently keying into the Contributory Pension Scheme. Godwin Obaseki who recent...
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NSE Photo News
February 10, 2017 No Responses

NSE Photo News

( L – R) , shows Alhaji (Dr) Musbahu Basir, Director, Jaiz Bank Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Alhaji (Dr) Umaru Abdul Mutallab, CON, Chairman, Jaiz Bank Plc and Alhaji (Dr) Umaru...
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PwC: How to lift Nigeria’s GDP from 22nd to 14th in Africa by 2050
February 9, 2017 No Responses

PwC: How to lift Nigeria’s GDP from 22nd to 14th in Africa by 2050

 A new report from the stable of PwC has predicted that Nigeria could move up the GDP rankings in Africa from 22nd place to 14th by 2050. However, the report titled: “The Long View: How will the global economic order...
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NPA partners NIM on capacity building
February 9, 2017 No Responses

NPA partners NIM on capacity building

The Nigerian Ports Authority ( NPA) has expressed its readiness to partner with the Nigerian Institute of Management (NIM) ) for effective training and capacity building of its workforce. Managing Director of NPA, Ms Hadiza Bala Usman stated this when...
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FOU Zone ‘C’ impounds 17 items, recovers 21 underpayments in January
February 9, 2017 No Responses

FOU Zone ‘C’ impounds 17 items, recovers 21 underpayments in January

For the month January, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’, Owerri confiscated seventeen (17) prohibited items and 21 underpayments recovered with a total sum of one hundred and ninety-four million, six hundred and fif...
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2,500 NSDP graduates to get seatime training in 2017, says NIMASA DG
February 9, 2017 No Responses

2,500 NSDP graduates to get seatime training in 2017, says NIMASA DG

About 2500 graduates of the NSDP programme will be assisted to get trained on Sea going Vessels for their mandatory sea time in 2017, the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Peterside Dakuku has said...
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WFE unveils white paper on CCP recovery, resolution
February 8, 2017 No Responses

WFE unveils white paper on CCP recovery, resolution

The World Federation of Exchanges on Tuesday published a white paper entitled ‘The interplay between Central Counterparty (CCP) recovery and resolution: a global perspective’, setting out the views of the exchange and CCP community from a global practition...
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