Business – Page 455 – City Business News

April 5, 2018 No Responses

Nigeria Approves $1B For Purchase Of Military Equipment

The President of the Federal Republic of Nigeria, Muhammadu Buhari on Wednesday approved the release of $1 billion to buy security equipment for the military. Briefing Journalists after the President held a meeting with security chiefs, the Minister of...

April 5, 2018 No Responses

Monetary Policy Committee Retains Lending Rate At 14%

The Monetary Policy Committee (MPC) has once again retained the Monetary Policy Rate at 14 per cent due to persistent uncertain economic conditions and high inflation. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele said this while briefing...

April 5, 2018 No Responses

NPA PHOTO NEWS

THE GENERAL MANAGER, CORPORATE AND STRATEGIC PLANNING, NIGERIAN PORTS AUTHORITY (NPA), ENGR. TOLULOPE TALABI IN A WARM HANDSHAKE WITH THE PRESIDENT, LAGOS CHAMBER OF COMMERCE AND INDUSTRY (LCCI), MR. BABATUNDE RUWASE AFTER AN INTERACTIVE SESSION AT LCCI BUIL...

April 5, 2018 No Responses

AAXO Seals Strategic Agreement With Italian Firm

The Association of African Exhibition Organisers (AAXO) has signed a strategic agreement with its Italian counterpart, the Italian Exhibition and Trade Fair Association (AEFI), to support bilateral growth and collaboration. A statement sent to City Business...

April 5, 2018 No Responses

SIFAX Group Appoints Adetayo GM Haulage & Logistics

SIFAX Haulage & Logistics Limited, one of the subsidiaries of SIFAX Group has announced the appointment of Mr. Aderibigbe Adewale Adetayo as the new General Manager to head the subsidiary. Adetayo holds a Masters degree in Financial Management from the.....

April 5, 2018 No Responses

LCCI Photo News

L-R: Director General, Lagos Chamber of Commerce and Industry (LCCI), Mr Muda Yusuf; Vice President, Ukrainian Chamber of Commerce and Industry, Sergii Svystil; President, LCCI, Mr Babatunde Paul Ruwase,FCA; Deputy Minister of Economic Development and Trade of...

April 4, 2018 No Responses

NPA Implores Stakeholders On $42.3m, N600m Debt

Ahead of the proposed “aggressive debt recovery exercise” of Nigerian Ports Authority (NPA), Rivers Port Complex has explained that it generated $62.3million and N1.2Billion in 2017, compared to $57.6million and N772.4million recorded in 2016. Out of ...

April 4, 2018 one Response

Hathiramani, Dana Air Boss Bags Excellent Leadership, Best CEO of the year Awards

For his humanitarian service and contribution to the development of the aviation industry, the Managing Director / Chief Executive officer of Dana Air, Jacky Hathiramani, has been conferred with the Platinum Excellence Leadership Award by the Association of No...

April 3, 2018 No Responses

First LNG Cargo From United States Arrives In Indian

India has received its first LNG cargo from the United States, gas utility company GAIL said. The Denmark-flagged Meridian Spirit carrying 120,000 tons of cargo docked at Dabhol on March 30, 2018. GAIL hired the ship in September 2017 to...

April 3, 2018 No Responses

Buhari Mourns Winnie Mandela

President Muhammadu Buhari has described the passing away of South-African anti-apartheid icon, Mrs Winnie Madikizela-Mandela, as a huge loss to Africa. The President noted that she was a woman of uncommon determination, steadfastness and perseverance who h...

April 3, 2018 No Responses

Heritage Bank Partners WATIF On Sub-Regional Integration

Heritage Bank has partnered first edition of West Africa Trade and Investment Forum on sub-regional integration of economies of West African countries in the areas of agriculture, education and skills, manufacturing and information communication technology (IC...

April 2, 2018 one Response

Presco Targets 15,000 Hectares In Edo, Explains Investment In Green Energy

As part of its ongoing expansion drive, Presco Plc has set aside 15,000 hectares for cultivation in Edo State. Speaking during an interactive session with Journalists in Benin City, Edo State, Managing Director, Mr. Felix Nwabuko explained that with the...

April 2, 2018 No Responses

Heritage Bank Partners Seki To Showcase Nigerian Cultures

Heritage Bank Plc has partnered Yibo Koko in association with Bolanle Austen – Peters Productions to showcase some of Nigerian cultures to the world through presentation of a dance drama known as Seki in Lagos. The event which held at...

April 2, 2018 No Responses

India Blacklists Two Firms For Abandoning Seafarers

The Government of India has blacklisted two companies from United Arab Emirates (UAE) for seafarer abandonment. The companies in question are shipping and management firm Shah Al Arab Marine Agency and M/s Alco Shipping Services LLC, the Directorate General...