Business – Page 439 – City Business News

May 18, 2018 No Responses

NPA Photo News

Representative of the Managing Director of Nigerian Ports Authority (NPA), the Executive Director, Marine & Operations, Dr. Sokonte Huttin Davies (2ndRight); the General Manager Engineering, Ahmed Rufai Mohammed (Right); the General Manager, Corporate & Strategic Communications, Abdullahi Goje (2nd Left)...

May 17, 2018 No Responses

LNG Bunkering Hub Underway In Oman

French energy major Total is looking to develop a liquefied natural gas (LNG) bunkering hub in Oman under a recently signed Memorandum of Understanding (MoU). The company said it would use its equity gas entitlement as feedstock to supply LNG as a...

May 17, 2018 No Responses

Volkswagen Pulls Out Of Paris Auto

Volkswagen brand will skip the Paris auto show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital. Since the VW Group’s emissions-cheating scandal erup...

May 17, 2018 No Responses

Total Pulls Out Of $1Billion Gas Deal

French energy giant Total is preparing to pull out of a billion dollar gas project in Iran in the face of renewed US sanctions. Total said it will unwind operations by November unless sanctions are waived. Washington is re-imposing strict...

May 17, 2018 No Responses

National Assembly Increases Oil Price Benchmark To $51

The National Assembly on Wednesday passed the Appropriation Bill into law.The estimated expenditure proposed by the President Muhammadu Buhari six months ago was also raised to N9,120,334,988,225, an increase of N508 billion. Senate Appropriation Committee Cha...

May 17, 2018 No Responses

Buhari Greets Muslims On Commencement Of Ramadan

President Muhammadu Buhari sends his greetings and best wishes to Muslims in Nigeria and across the world as they commence the 30-day Ramadan fast. In his message to the nation on the beginning of the Ramadan, the President says fasting...

May 17, 2018 No Responses

Shell Nigeria Increases Domestic Gas Distribution Capacity By 150%

Shell Nigeria Gas (SNG) Limited has increased its domestic gas distribution capacity by 150% over the last six months. The increase in capacity will enable the company to distribute more than 100 million standard cubic feet of gas per day...

May 17, 2018 No Responses

Paris MoU To Focus On Air Pollution From Ships

The Paris Memorandum of Understanding on Port State Control (Paris MoU) unveiled its plans to focus attention on marine air pollution in the near future. This development anticipates the new maximum limits for sulphur in ships fuel oil, which...

May 16, 2018 No Responses

Nauru, World’s Smallest Island Country Joins IMO

The International Maritime Organization (IMO) has welcomed a new member, the Republic of Nauru. On May 14, 2018, Nauru deposited its instrument of acceptance to the IMO Convention with the United Nations depositary – becoming IMO’s 174th member state. Wi...

May 16, 2018 No Responses

Aisha Buhari Implores Pharmacists On Drug Abuse

Pharmacists have been urged to play their part in controlling the spread of drug abuse in the country. The call was made by wife of the President, Mrs. Aisha Muhammadu Buhari, while receiving members of Association of Lady Pharmacists (ALP)...

May 16, 2018 No Responses

Customs Decorates 74 Officers At Lagos Airport Command With New Ranks

The Nigeria Customs Service (NCS) has approved the promotion of 74 officers of the Murtala Muhammed International Airport (MMIA) command , Lagos to different new ranks. The newly promoted officers were Wednesday decorated with their new ranks by Mrs. Jayne...

May 16, 2018 No Responses

SEC Re-Iterates Commitment To Master Plan Implementation

Acting Director General of Securities and Exchange Commission (SEC) Ms. Mary Uduk has reiterated the determination of the current management of the Commission to improve investors’ confidence through various initiatives currently being implemented as part of...

May 16, 2018 No Responses

FG To Pay Contractors, Clears Workers’ Promotion Arrears With N34.2b

The Minister of Finance, Mrs. Kemi Adeosun, said on Tuesday that the Federal Government would settle the inherited debts and contractual obligations to local contractors between 2006 and 2015. The Minister made this known while appearing before the Ad-Hoc...

May 16, 2018 No Responses

NPA Seeks Healthy, Efficient Maritime Workforce

The Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman has identified healthy, motivated and efficient workforce as necessary ingredient for the nation to realise its enormous maritime potentials. According to the Managing Director, only a hea...