Business Archives — Page 513 of 562

November 15, 2016 No Responses

NPA pledges to harness business potentials at Seaports

The Nigerian Ports Authority (NPA) is to harness all business potentials available at the nation’s seaports. Speaking at an interactive session with Warri Port stakeholders, NPA Board Chairman, Emmanuel Olajide Adesoye, stressed the need for all hands to be...

November 15, 2016 No Responses

UBA wins best CSR Company award in West Africa

Pan African banking Group, UBA has emerged the best institution in Corporate Social Responsibility (CSR) in West Africa. Its CSR arm; UBA Foundation won the best CSR/Sustainability, West Africa Award at the 10th SERAs (Social Enterprise Report Awards) cere...

November 15, 2016 No Responses

Inflation hits 18.3 %

The National Bureau of Statistics (NBS) in a report released on Monday in Abuja said Consumer Price Index (CPI) increased to 18.3 per cent (year-on-year) in October from 17.9 per cent recorded in September. The CPI, which measures inflation, is...

November 15, 2016 No Responses

Unsolicited SMS: MTN, Airtel, others get final warning

The Nigerian Communications Commission (NCC) on Monday issued a final one-week ultimatum for the telecommunications network operators to put a stop to all unsolicited messages or face sanctions. The commission said it was worried by the non-compliance by the...

November 15, 2016 No Responses

NNPC redeploys staff, appoints new spokesperson

The Nigerian National Petroleum Corporation (NNPC) has announced the appointment and redeployment of top management staff across board. According to Group Managing Director of the Corporation, Maikanti Baru, the changes were informed by the desire to cons...

November 15, 2016 No Responses

‘Only 3000 out of 10,000 kilometers of Nigeria’s waterways are navigable’

The National Inland Waterways Authority (NIWA) has only succeeded in exercising the powers vested on it by the Act establishing Nigeria’s over 3000 kilometers of navigable waterways from Nigeria/Niger and Nigeria/Cameroon borders to the Atlantic Ocean. The G...

November 14, 2016 No Responses

NPA boss seeks transparency in budget implementations

The Nigerian Ports Authority (NPA) at the weekend signed a Memorandum of Understanding (MoU) with BudgiT Information Technology Network as part of measures to open up its budget for the public and provide Nigerians with all the necessary information during...

November 14, 2016 No Responses

Nigeria to end $800m a year wheat import from Russia

The Federal Government is putting measures in place to curtail $800 million on wheat importation from Russia. According to the Foreign Affairs Minister of State Hajiya Khadija Abba-Ibrahim, the meaure is expected to preserve foreign exchange for the country...

November 14, 2016 No Responses

On Badagry Deep Seaport, we are not carried along, says Community Chief

High Chief Menu Toyon, the Mobee of Badagry Kingdom spoke for the host community for the proposed Badagry Deep Sea Port. In this interview with journalists after the recently held All Nigeria Maritime Journalists Retreat, Toyon expressed worries about challeng...

November 14, 2016 No Responses

LCCI Photo News

Mr. Sola Oyetayo, Vice President & Chairman, Lagos Chamber of Commerce and Industry (LCCI) Trade Promotion Board; Chief Dr. Mrs. Nike Akande, President, LCCI; Dr. Chris Ngige, Hon. Minister of Labour and Employment and Mr. Babatunde Ruwase, Deputy Presiden...

November 13, 2016 No Responses

FG spends N750B for infrastructure development in five months, says Minister

As part of measure to reposition Nigeria’s economy, the Federal Government in the last five months mobilized not less than N750 Billion for infrastructure development. Speaking in Lagos on Saturday at the 2016 Wealth Creation Platform organized by KICC...

November 13, 2016 No Responses

Abubakar Umar drags MTN to court over unsolicited SMS, deductions

Former military Governor of Kaduna State, Abubakar Umar, has directed his Lawyers to sue MTN over unsolicited messages and alleged fraudulent deductions. According to Umar the practice has continued despite repeated assurances that it will not happen agai...

November 13, 2016 No Responses

FG congratulates Super Eagles for defeating Algeria

President Muhammadu Buhari on Saturday congratulated the Super Eagles on their 3-1 victory over Algeria in the African qualifiers for the 2018 World Cup in Russia. Buhari commended the team and its handlers for their determination and high professionalism.....

November 12, 2016 No Responses

Auto makers seek review of fuel efficiency mandate

(Auto News)-Donald Trump has been President elect for just a few days, but the auto industry has already started considering how his intention to reduce regulation could benefit carmakers. A lobbying group called the Alliance of Automobile Manufacturers has s...