Tag: Business

Hyundai to build boxships, tankers for Iran
December 13, 2016 No Responses

Hyundai to build boxships, tankers for Iran

South Korean shipbuilder Hyundai Heavy Industries (HHI) has signed contracts to construct 14,500 TEU container ships and 49,000 dwt product/chemical carriers for Islamic Republic of Iran Shipping Lines (IRISL). The value of the contracts, which were signed in Seoul on December...
read more
‘Nigeria’s 2017 budget’ll tackle recession’
December 12, 2016 No Responses

‘Nigeria’s 2017 budget’ll tackle recession’

President Muhammadu Buhari has assured Nigerians that the 2017 Appropriation Bill would take Nigeria out of the ongoing economic recession. In his Eid-el Maulud message, Buhari explained that with collective dedication and hard work, Nigerians would in 2017 ov...
read more
Nigeria Energy Sector Fund declares N51 coupon payment
December 12, 2016 No Responses

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...
read more
Banks to boost Agric, SME fund with N30billion
December 12, 2016 No Responses

Banks to boost Agric, SME fund with N30billion

As part of measures to support the newly created Agriculture/Small and Medium Enterprises (SME) fund, the Bankers Committee at the weekend pledged to  contribute  N30 billion from their Profit After Tax (PAT).   Speaking at the end of the 8th...
read more
10 GM models to get 9-speed automatic in 2017
December 12, 2016 No Responses

10 GM models to get 9-speed automatic in 2017

(Auto News) Chevrolet’s new nine-speed automatic transmission illustrates the difficulty of eking out fuel economy improvements as automakers work to meet increasingly stringent fuel efficiency standards. Launched in the Chevrolet Malibu in September, th...
read more
I will contest my election defeat in court, Jammeh insist
December 12, 2016 No Responses

I will contest my election defeat in court, Jammeh insist

(BBC) Gambian leader, Yahya Jammeh says he will launch a legal challenge to contest an election defeat that will bring an end to his 22-year rule. President Jammeh initially conceded after rival Adama Barrow won last week’s vote, but then...
read more
Magnus Abe wins Rivers South East Senatorial election
December 12, 2016 No Responses

Magnus Abe wins Rivers South East Senatorial election

The candidate of the All Progressives Congress (APC) for Rivers South East senatorial district election, Magnus Abe, has been declared winner by the Independent National Electoral Commission (INEC). He polled a total of 125,938 votes to defeat Olaka Nwogu of ...
read more
Cocaine found in container carried by Maersk Ship
December 12, 2016 No Responses

Cocaine found in container carried by Maersk Ship

Mexican authorities have seized some 278 kilograms of cocaine from a container carried by the 63,200 dwt containership Laura Maersk. According to the information provided by the Mexican government, the vessel, operated by Danish shipping giant Maersk, brough...
read more
Maersk Line, MSC, HMM enter strategic cooperation
December 12, 2016 No Responses

Maersk Line, MSC, HMM enter strategic cooperation

Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) have reached an agreement to enter into a new strategic cooperation. The cooperation is a combination of slot exchanges and slot purchases between the three parties, as well a...
read more
FG unveils 10-point agenda for economic growth
December 11, 2016 No Responses

FG unveils 10-point agenda for economic growth

The federal government has outlined a 10-point fiscal roadmap to reset the economy to a path of growth. The Minister of Finance, Mrs Kemi Adeosun revealed the outline when she represented Vice President Yemi Osinbajo, at the annual dinner of...
read more
Yahya Jammeh must step down, says UN
December 11, 2016 No Responses

Yahya Jammeh must step down, says UN

(BBC) Gambia President, Yahya Jammeh must hand over power after defeat in elections, the United Nation (UN) Security Council has said. President Jammeh initially conceded to Adama Barrow in last week’s vote but has since refused to accept the end...
read more
VW tops spending on advert with $6.6billion
December 10, 2016 No Responses

VW tops spending on advert with $6.6billion

(Auto News) Volkswagen Group has emerged top in the first 100 advertisement spenders worldwide. Fifteen automakers and tire maker Bridgestone Corporation constituted the automotive category on the World’s Largest Advertisers list. Seven of those automakers m...
read more
NPA Photo News
December 10, 2016 No Responses

NPA Photo News

L-R: World Bank Customs and Trade Specialist, Robert Struthers; Managing Director Nigerian Ports Authority, Hadiza Bala Usman and Mikiko Imai Ollison, the Trade Logistics Specialist, West and Central Africa, during a technical visit to the Managing Director by...
read more
LCCI Photo News
December 10, 2016 No Responses

LCCI Photo News

L-R: Chairman, JKN Limited, Chief Dr. John Odeyemi; President, Lagos Chamber of Commerce and Industry, Chief Dr. Mrs. Nike Akande and His  Majesty, Ooni of Ife, Oba Adeyeye Ogunwusi during the presentation of Grand Star Award of Oodua to Akande...
read more
1 … 501 502 503 504 505 … 563