Business Archives — Page 440 of 565

June 29, 2017 No Responses

ExxonMobil, others to develop LNG as marine fuel

ExxonMobil, Eagle LNG Partners and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The companies said that the goal of the collaboration is to establish the storage and technical support necessary to...

June 29, 2017 No Responses

Nigeria restates commitment to Digital Switch Over in broadcasting

The Federal Government has announced its readiness to roll out the Digital Switch Over (DSO) in broadcasting in all the six geo-political zones in the country in the next few weeks, as a practical demonstration of its commitment to the DSO project....

June 28, 2017 No Responses

NCAA to GSM firms: You must obtain our permits before construction of high-rise structures

The Nigerian Civil Aviation Authority (NCAA) has cautioned operators of Global System for Mobile Communications (GSM) to ensure they always obtain Aviation Height Clearance (AHC) Permits and Licences before construction of high-rise structures. NCAA spokesm...

June 28, 2017 No Responses

Facebook hits two billion users

(BBC) More than a quarter of the world’s population now uses Facebook every month, the social network says. “As of this morning, the Facebook community is now officially two billion people,” founder and chief executive Mark Zuckerberg posted....

June 28, 2017 No Responses

New cyber attack goes global, hits Maersk

A cyber attack has shut down IT systems across multiple sites and business units owned by Danish transport and logistics major A.P. Moller – Maersk, the company confirmed earlier today. APM Terminals is said to be among the hit business units, with...

June 27, 2017 No Responses

Citi Bank celebrates community day in Nigeria

Citi Bank celebrated its 12th annual Global Community Day recently as more than 1,600 Citi volunteers in Aba, Abuja, Kano, Lagos, Port-Harcourt and Warri engaged in service activities in their local communities. In the days leading up to and...

June 27, 2017 No Responses

NIMASA DG reiterates support for Nigerian seafarers

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has joined the rest of the world in commemorating the International Day of the Seafarer with the Director General, Dr. Dakuku Peterside averring that there can be no maritime sector without the.....

June 27, 2017 No Responses

Drewry: West African Port Projects in Uncertain Waters

Most West African port projects are in uncertain waters amid a change in the location and nature of transhipment hubs serving the region’s port market, according to shipping consultancy Drewry. In the long run, major new port projects “will make...

June 27, 2017 No Responses

GM cuts outlook for new vehicle sales in 2017

(Reuters) General Motors now expects U.S. new vehicle sales in 2017 will be in the “low 17 million” unit range, reflecting a widespread expectation that the industry is headed for a moderate downturn, a top executive said on Monday. “The...

June 27, 2017 No Responses

‘How to tackle unemployment in Africa through Agriculture’

Developing creative messages/methods that would attract young people to agriculture could help Africa to attract youth to agriculture and end the rising unemployment in the continent, Deputy Director General, Partnership for Delivery, International Institute o...

June 26, 2017 No Responses

Eid-el-Fitr: Governors, TUC, others seek unity, peace

State Governors on Sunday felicitated with Nigerians on the Eid-el-Fitr celebration. The Governors advised Nigerians to live in peace and promote national integration and unity. Osun State Governor, Rauf Aregbesola implored citizens to put the country...

June 26, 2017 No Responses

COSCO votes $1.7B on 14 ULCVs

China COSCO Shipping Corp has embarked on a major shopping spree, adding 14 ultra large containership newbuilds to its fleet. The investment comes as the company targets routes from Asia to Europe prompted by new free trade deals, as informed by the China.....

June 25, 2017 No Responses

Eid-el-fitri: Buhari preaches unity, peace

President Muhammadu Buhari has advised Nigerian Muslims and Christians to live in peace and avoid making reckless statements. In his Eid-el-Fitr message, issued by Garba Shehu, Senior Special Assistant, Media and Publicity to Buhari, Buhari said “I, ag...

June 25, 2017 No Responses

Edo Govt to create Ministry of Mining

Edo State Government is to establish a Ministry of Mining as part of measures to fast-track the development of mining activities in the state. According to the Governor, Godwin Obaseki, the state was yet to take full advantage of...