Business – Page 441 – City Business News

May 14, 2018 No Responses

Autonomous Ships Take Centre Stage At IMO Meeting

Come May 16, the International Maritime Organization’s (IMO) efforts on the regulation of autonomous ships will begin with the 99th session of the Maritime Safety Committee (MSC 99). The MSC will begin looking at how the safe, secure and environmentally...

May 14, 2018 No Responses

Photo News

L-R: Director, Technical Services, Federal Ministry of Finance, Mr. Tor Tsavsar; Senior Special Adviser on Economy and Reforms to the Minister, Mr. Adeseye Senfuye and Minister of Finance, Mrs. Kemi Adeosun, during the Quarterly Briefing of the Media by the...

May 14, 2018 No Responses

Customs Board Holds First Meeting, Promotes 1,997 Senior Officers

The Nigeria Customs Service Board (NCSB) has confirmed the appointments of four members of Nigeria Customs Service (NCS) management and approved the promotion of 1,997 senior officers to various ranks. The promotion which is effective from January 1, 2017 ...

May 14, 2018 No Responses

Kyari Appointed Nigeria’s OPEC Representative

The Nigerian National Petroleum Corporation (NNPC) says its Group General Manager, Crude Oil Marketing Division, Mallam Mele Kyari has been appointed Nigeria’s National Representative to the Organisation of Petroleum Exporting Countries (OPEC). The NNPC sa...

May 14, 2018 No Responses

CBN, Heritage Bank, ICC Brainstorm On Global Trade Operation Systems

Heritage Bank Plc has hosted the May 2018 edition of the bankinng technique and practice meeting of the International Chamber of Commerce Nigeria. The meeting held at the Victoria Island Office of the financial institution attracted representatives of the ICC....

May 14, 2018 No Responses

NNPC Boosts Gas Supply To Power Sector By 88.89%

The Nigerian National Petroleum Corporation (NNPC) increased the supply of gas to the power sector by 88.89 per cent between January 2017 and January 2018. A press statement by the NNPC Spokesman, Mr Ndu Ughamadu, in Abuja on Sunday, said...

May 14, 2018 No Responses

Buhari Congratulates Kayode Fayemi For Winning APC Guber Ticket

President Muhammadu Buhari congratulates former governor of Ekiti State and Minister of Mines and Solid Minerals, Kayode Fayemi, for winning the All Progressives Congress (APC) ticket to contest the July 14, 2018 governorship elections. President Buhari com...

May 14, 2018 No Responses

First Nation Airline Suspended Over Alleged Illegal Operations

Citing alleged illegal operations, the Nigerian Civil Aviation Authority (NCAA) has suspended indefinitely the Air Operators’ Certificate (AOC) of First Nation Airways. This suspension order was conveyed to the airline via a letter with reference no...

May 14, 2018 No Responses

Adinde, DBI Boss Seeks More Investment In ICT skills

Dr. Ikechukwu Adinde, the Administrator of the Digital Bridge Institute (DBI) has canvassed more investment by governments at all levels in the development of ICT knowledge and skill. The Institute is an arm of the Nigerian Communications Commission (NCC). Thi...

May 14, 2018 No Responses

Oshodi heads ITTF Nomination Committee

Nigeria made its presence felt at table tennis globally as former President of the Nigeria Table Tennis Federation (NTTF) and Chairman, WEOAllsports, Wahid Oshodi has been appointed as the chairman of the ITTF Nomination Committee. The Executive Committee of t...

May 13, 2018 No Responses

Edo Parleys Host Communities On Benin Industrial Park, Pledges Compensation

The Edo State Government has assured communities hosting the Benin Industrial Park project that adequate compensation will be paid to groups or individuals with legal claim to land and structures within the area where the park is being developed. Secretary...

May 13, 2018 No Responses

Firm Takes Delivery Of Second CMA CGM Saver

Hong Kong-based containership manager and owner Seaspan Corporation has added another 10,000 TEU SAVER design containership to its fleet. The newly built CMA CGM Cochin will commence a fixed rate time charter with French shipping major CMA CGM for a three ye...

May 12, 2018 No Responses

Geely Proposes Dual Listing For Volvo In Hong Kong, Sweden

Volvo parent company, Zhejiang Geely has selected Citigroup, Goldman Sachs and Morgan Stanley to advise on an initial public offering (IPO). According to Bloomberg, Geely is looking at a value of between $16 billion and $30 billion and a dual...

May 12, 2018 No Responses

Diamond Bank Explains N1.8B Revenue In Q1

Diamond Bank Plc has declared growth in its mobile banking revenue from N1.2 billion in Q1 2017 to N1.8 billion in Q1 2018. In its Q1 result released on the floor of Nigerian Stock Exchange (NSE), said Increases were...