Business – Page 477 – City Business News

January 31, 2018 No Responses

Oando: Minister, Gwarzo differ at public hearing over forensic audit

Minister of Finance, Mrs Kemi Adeosun, on Tuesday insisted that suspension of Mr Munir Gwarzo, Director-General of Security and Exchange Commission (SEC), was valid. At an investigative hearing organised by House of Representatives Committee on Capital Market and Institutions on...

January 31, 2018 No Responses

Amaechi’s absence stalls Ministry of Transportation budget defence

Minister of Transportation Rotimi Amaechi’s absence from the House Committee on Land Transport on Tuesday stalled the ministry’s 2018 Budget defence. The exercise, which was scheduled to hold at the National Assembly Conference Hall in Abuja, was adjourned...

January 30, 2018 No Responses

Hyundai revamps 2018 Santa Fe SUV

Hyundai Motor unveiled on Tuesday a re-designed Santa Fe, hoping the first makeover of the sport utility vehicle (SUV) in six years will help rectify a sales slowdown at the South Korean automaker, especially in the key U.S. market. The...

January 30, 2018 No Responses

Mineral Resources: Fayemi seeks partnership with varsities

Mr Kayode Fayemi, the Minister of Mines and Steel Development, on Monday called for collaborative efforts with universities to explore Nigeria’s abundant mineral resources. He made the plea at the Golden Jubilee celebration of Geology Department of...

January 30, 2018 No Responses

COSCO Shipping adds second 20,000 TEU Boxship

China’s COSCO Shipping Lines has taken delivery of its second 20,000 TEU-class boxship, COSCO Shipping Taurus. The delivery and naming ceremony for the ultra large container vessel (ULCV) was held in Shanghai on January 27, 2018. Shanghai Waigaoqiao Shipbu...

January 30, 2018 No Responses

FG inaugurates tomato monitoring team

Hajia Aisha Abubakar, the Minister of State, Industry, Trade and Investment, on Monday inaugurated a tomato monitoring team to oversee the implementation of government policy to boost production of fresh tomato fruits. She said at the event in Abuja that...

January 30, 2018 No Responses

Bala Usman: We shall maximize huge potential in seaports for increased revenue generation

To successfully tap huge economic potentials available in the maritime sector, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured relevant Stakeholders of the management resolve to provide enabling environment and infrastruc...

January 30, 2018 No Responses

Tincan Island Customs gets exceptional service award

The World Customs Organization (WCO) conferred a prestigious Award on Tincan Island Port Command during this year’s International Customs Day (ICD) with the theme “TO SECURE BUSINESS ENVIRONMENT FOR ECONOMIC DEVELOPMENT”. Making the presentation on be...

January 30, 2018 No Responses

Senators, Customs disagree over protocol

The Senate and the Comptroller General (CG) of Nigeria Customs Service (NCS), Mr Hameed Ali, on Monday disagreed over protocol-related matters. The disagreement was sequel to the visit of the Senate Ad Hoc Committee on Waste in the Nigeria Customs...

January 30, 2018 No Responses

Oando: Shareholders reiterate call for forensic audit

As Nigerians and the international community await the outcome of the proposed forensic audit on Oando Plc, more shareholders have advised the emir of Kano, Muhammadu Sanusi, to desist from interfering in ongoing efforts to unravel the root causes of...

January 30, 2018 No Responses

Labour faults report on removal of wage from exclusive legislative list

The Association of Senior Civil Servants of Nigeria (ASCSN) on Monday rejected the proposed removal of wages from Exclusive Legislative list to the Concurrent list. The association, in a statement, appealed to President Muhammadu Buhari and the National Assemb...

January 30, 2018 No Responses

NSE Photo News

L – R shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Darcy Zotter, Public Affairs Officer, United State Consulate General Lagos; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Mr. John Bray, US Cons...

January 29, 2018 No Responses

Accident claims 20 lives along Kaduna-Abuja expressway

No fewer than 20 people died in a ghastly motor accident along Kaduna-Abuja expressed way on Sundaynight. The Sector Commander of the Federal Roads Safety Corps in Kaduna State, Umar Ibrahim, told the News Agency of Nigeria (NAN) in Kaduna...

January 29, 2018 No Responses

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (left), with the Managing Director/Chief Executive Officer of the Oil and Gas Free Zone Authority (OGFZA), Umana Okon Umana during a courtesy call on the MD at the NPA...