Business – Page 541 – City Business News

March 19, 2017 No Responses

Obaseki implores security group on information gathering

Edo State Governor, Mr. Godwin Obaseki has charged the Edo State Vigilante group to ensure that they gather information properly saying that the security system of any nation would be ineffective and inefficient if there was a lack of proper...

March 18, 2017 No Responses

Toyota expands sponsorship deals

By Jackie Charniga (Auto News) – Toyota Motor Corporation is putting U.S. Figure Skating and U.S. Speedskating under its sponsorship umbrella for the 2018 Olympic Winter Games in PyeongChang, South Korea. The move to support two popular winter sports e...

March 18, 2017 No Responses

2016: Transcorp Hotels declares N4.5b profits, 40k dividend

Transcorp Hotels Plc has announced a profit after tax of N4b at its 3rd Annual General Meeting which took place at Transcorp Hilton Abuja. At the meeting, the Shareholders according to a statement, commended the management and staff of the...

March 18, 2017 No Responses

Elumelu in Ghana, explains Africapitalism to youths

Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism. In continuation of his strategic vision of engineering a robust economic and business relationship across the continent through Africapitalism as...

March 18, 2017 No Responses

BA unveils new long-haul airline

By Chris Johnston (BBC News) – The owner of British Airways is launching a new long-haul budget airline based in Barcelona. IAG said the new airline, Level, would initially fly to Los Angeles, Oakland, Buenos Aires and Punta Cana in...

March 17, 2017 No Responses

NLNG revamps shipping operations, explains strategic deployment of skills, technology

The shipping aspect of Nigeria LNG Limited (NLNG) is being positioned for emerging market opportunities through a revamped chartering structure designed to optimize available shipping capacity, General Manager in charge of Shipping, Captain Temilola Okesanjo h...

March 17, 2017 No Responses

NIMASA, UK School target sea time for 400 Nigerians

The Nigerian Maritime Administration and Safety Agency (NIMASA) in partnership with the South Shield Marine School at the South Tyneside College, South Shield, Newcastle in the United Kingdom, is to provide sea time opportunities for about 400 cadets of NIMASA...

March 17, 2017 No Responses

NPA Photo News

Chief Michael Kayode Ajayi (right), erstwhile spokesman of the Nigerian Ports Authority (NPA) hands over to Elder Effiong E. Nduonofit (left), who mounts the saddle in the capacity of the new General Manager, Public Affairs of the Organisation.

March 17, 2017 No Responses

NSE Photo News

L – R: Tinuade Awe, General Counsel & Head, Regulation, The Nigerian Stock Exchange (NSE); Olumide Orojimi, Head, Corporate Communications Department, NSE; Boluwatiwi Omidiji, CSR Analysts, NSE; Godstime Iwenekhai, Acting Head, Listings Regulation, NSE; ...

March 17, 2017 No Responses

DMO issues more bonds

The Debt Management Office (DMO) has issued more bonds than originally planned at an auction after slowing inflation rate helped it offer debt at lower yields. The DMO said it raised N160 billion at an auction on Wednesday, N30 billion...

March 17, 2017 No Responses

VW executive to remain in U.S. custody until trial next year

Auto News— Oliver Schmidt, the Volkswagen executive incarcerated since January when he tried to return to his native Germany after a Florida vacation, will remain in custody until his trial early next year for 11 felonies tied to the company’s...

March 16, 2017 No Responses

FG seeks Senate approval for $500 million Eurobond

The Federal Government has urged the Nigerian Senate to approve $500 million Eurobond to fund the 2016 Budget deficit. In a letter to the Senate read by president of the Senate, Bukola Saraki, Vice President Yemi Osinbajo explained that the...

March 16, 2017 No Responses

NPA boss pledges competitive tariff regime, actualisation of deep seaports

The proposed competitive tariff regime of Nigerian Ports Authority (NPA) would place the Agency on a better platform in the sub-region, Managing Director, Hadiza Bala Usman has said. Addressing a team of Oxford Business Group UK, who paid her a...

March 16, 2017 No Responses

Obaseki signs power purchase agreement

Edo State Governor, Mr. Godwin Obaseki has signed a power purchase agreement noting that the agreement was in furtherance of the previously outlined power plan for the state. Governor Obaseki disclosed this in Benin City on Wednesday, when he appended...