Business Archives — Page 542 of 548

July 25, 2016 No Responses

FIFA President arrives in Nigeria

The President of Federation of International Football Association (FIFA) Gianni Infantino, yesterday arrived Abuja, Nigeria on an official visit. The President of world football –governing body, Gianni Infantino, and the Secretary General, Fatma Samoura, arrived in Nigeria’s capital city,...

July 24, 2016 No Responses

CBN direct banks to sell forex to BDCs

By Moses Ebosele – AS part of measures to ensure stability of the Exchange rate, the Central Bank of Nigeria (CBN) has directed agent banks approved for international money transfer operators to sell foreign currency accruing from inward money remittan...

July 24, 2016 No Responses

LCCI partners German counterpart on trade, investment

By Moses Ebosele – The Lagos Chamber of Commerce and Industry (LCCI) has signed a Memorandum of Understanding (MOU) with Delegation of German Industry and Commerce in Nigeria (DGIC) as part of measures to boost trade, investment and knowledge transfer....

July 24, 2016 No Responses

Minister seeks BBC, FRCN partnership

By Moses Ebosele – The Minister of Information and Culture, Alhaji Lai Mohammed, has stressed the need for a robust partnership between the British Broadcasting Corporation (BBC) and the Federal Radio Corporation of Nigeria (FRCN). According to th...

July 24, 2016 No Responses

Munich shooting: ‘Attacker researched rampage killings’

(CNN)—The teen gunman who killed nine people in a shooting rampage in Munich on Friday was a mentally troubled individual who had extensively researched spree killings and had no apparent links to ISIS, police said. Speaking at a press conference...

July 23, 2016 No Responses

Jaguar’s first SUV settles in Nigeria

By Moses Ebosele – Barely one week after a successful media trial in Port Elizabeth, South Africa, sensational Jaguar F-Pace Sports Utility Vehicle (SUV) has officially settled in Nigeria. F-Pace is the first SUV from the Jaguar lineage and is....

July 23, 2016 No Responses

Kia zooms past Daimler on list of top advert spenders

A new survey conducted by Automotive News has revealed that Auto Companies are shifting their advertisement from traditional media to online platforms because of its effectiveness and ability to reach large audience without hinderance. Indeed, Kia Motors Cor...

July 23, 2016 No Responses

Honda Accord: Largely unchanged for 2017

Largely unchanged, the 2017 Accord lineup adds a Sport Special Edition sedan that includes the regular Sport’s features plus heated leather seats with red accent stitching. Available information indicates that following some notable revisions last y...

July 23, 2016 No Responses

Fiat recalls 410,000 vehicles worldwide

Fiat Chrysler Automobiles said it is recalling nearly 410,000 vehicles worldwide because of a defect that can lead to a loss of propulsion. The automaker said on Friday it will update software and replace wire harnesses to address the electronic...

July 22, 2016 No Responses

FG begins negotiation with militants

The Federal Government has commenced negotiation with militants through oil companies and law-enforcement agencies. President Muhammadu Buhari who spoke at farewell audience with the outgoing Ambassador of Germany, Mr Michael Zinner on Thursday said the m...

July 22, 2016 No Responses

NIMASA implores IOCs on Nigeria’s environmental laws

By Moses Ebosele – The Nigerian Maritime Adminstration and Safety Agency (NIMASA) will no longer tolerate disregard for Cabotage and environmental laws by the International Oil Companies (IOCs) operating in Nigeria, Director General, Dr Dakuku Peter...

July 22, 2016 No Responses

Cosco gets subsidy to uplift fleet

Hong-Kong listed shipping and logistics company, China COSCO Holdings Co (CCHC) has received subsidy amounting to$28.3 million from China COSCO Corporation, the indirect controlling shareholder of the company, for the decommissioning and upgrading of its ves...

July 22, 2016 No Responses

Nigeria in recession, minister admits

The Minister of Finance, Mrs Kemi Adeosun, has admitted that Nigeria’s economy is going through a recession. Speaking during plenary session at the Senate, the minister explained that the Federal Government is aware of the sufferings the recession may have.....

July 21, 2016 No Responses

Presco shareholders get N1billion dividend today

By Moses Ebosele – Proposal by the board of Presco Plc to pay a dividend of 100kobo per share, amounting to N1billion for the year ended December 31, 2015 has been approved by shareholders. Addressing shareholders yesterday during the company’s.....