Business – Page 453 – City Business News

April 14, 2018 No Responses

NSC Partners Oyo, Foreign Investors On Inland Dry Port

The Nigerian Shippers’ Council has entered into partnership with the Oyo State Government for the development of Inland Dry Port (IDP) and Truck Transit Park (TTP) in conjunction with some Chinese investors in the state. The partnership arrangement was unfolded...

April 14, 2018 No Responses

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (left) receives a model of the newly refurbished NPA tug boat “MT Minna” from the Managing Director / CEO of Starzs Marine and Engineering Ltd., Greg Ogbeifun who paid...

April 13, 2018 No Responses

CBN Begins Disbursement Of N26b Agribusiness Fund To MSMEs

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee on Thursday commenced disbursement of N26 billion Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS) fund to the first set of beneficiaries. The CBN Governor...

April 13, 2018 No Responses

NSE To Migrate Access Bank, UBA, Others To Premium Board

The Nigerian Stock Exchange (NSE) on Thursday announced plans to migrate Access Bank, Lafarge Africa, Seplat and United Bank for Africa (UBA) Plc to its Premium Board The NSE said in Lagos the four companies would be migrated to...

April 12, 2018 No Responses

Heritage Bank Seals Partnership With GAC Motors On Auto Scheme

Heritage Bank Plc has entered into a strategic partnership with the Choice International Group (CIG) Motors Limited to introduce a new vehicle finance scheme aimed at assisting interested and pre-qualified customers to buy brand new GAC Vehicles with ease and....

April 12, 2018 No Responses

Oando: NSE Gets Two Letters From SEC In 48 Hours

Between April 9th and 11th 2018, the Nigerian Stock Exchange (NSE) received two letters from the Securities and Exchange Commission (SEC). The first letter dated April 9, 2018 directed NSE to lift the suspension placed on the shares of...

April 12, 2018 No Responses

Tony Elumelu, UBA Chairman To Tour East Africa On Entrepreneurship, Infrastructure

Foremost Entrepreneur and philanthropist, Tony O. Elumelu will lead a 5-day working visit to East Africa, where he will meet with national leaders of Kenya and Uganda. In his capacity as Chairman of United Bank for Africa (UBA), Mr....

April 12, 2018 No Responses

Customs FOU Intercepts 64 Cars, 431 Jerrycans Of Vegetable Oil, Others

The Nigerian Customs Service (NCS), Federal Operation Unit (FOU), Zone A, Ikeja has impounded contraband goods with a Duty Paid Value (DPV) of N1,461,006,823, within only three weeks. Addressing Journalists on Wednesday, the FOU Controller, Mohammed G. Uba...

April 12, 2018 No Responses

Dana Air Named Official Airline of Wives of Africa Presidents Summit

Dana Air has been named the official airline of the maiden edition of the Coalition of Wives of Presidents and Vice Presidents in Africa for Peace (COWAP) Summit for Peace and Development, scheduled to hold from 21st to 22nd of...

April 11, 2018 No Responses

Oando Shareholders Accuse SEC of Shielding Probe

Shareholders of Oando Plc, on Tuesday, appealed to President Muhammadu Buhari and the National Assembly to intervene in the crisis rocking the company. Under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), Trusted Shareholders A...

April 11, 2018 37 Responses

NPA To Stakeholders: Fast-Track Working Document On Review Of Terminal’s Agreement

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala-Usman has urged all stakeholders concerned with the working document for the review of Terminal’s Agreement to speed up the processes. Speaking in Lagos when Management of the Infrastruc...

April 11, 2018 No Responses

Guinness Nigeria Signs Waste Management Deal With Wecyclers

Guinness Nigeria Plc has partnered Wecyclers, a for-profit social enterprise that promote environmental sustainability, socioeconomic development, and community health to support Guinness’ waste management agenda. The partnership is expected to, among ot...

April 10, 2018 No Responses

Growing US Imports Threatened by Developing Trade War

Imports at major retail container ports in the US are expected to grow 5.8 percent in April, but could be threatened by a developing trade war between the US and China, the National Retail Federation said. “Tariffs are a tax on...

April 10, 2018 No Responses

NCC: MTN Pays N165B Out Of N330B Sim Fine

The Nigerian Communications Commission ( NCC) said that MTN has paid N165 billion out of the N330 billion fine imposed on it due to its inability to disconnect improperly registered SIM cards. Prof. Umar Danbatta, Executive Vice Chairman of NCC...