City BusinessNews Archives — Page 194 of 370

August 16, 2020 No Responses

Customs Intercepts 34 Smuggled Vehicles

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) on Sunday announced a single seizure of contrabands with Duty Paid Value (DPV) of N10billion. In a press statement by the Public Relations Officer of the unit, Peter...

August 16, 2020 No Responses

Hassan Bello: Rail Remains Game Changer For Nigeria’s Economy

Rail transport remains game changer for Nigeria’s economy and future, Executive Secretary of Nigerian Shippers’ Council (NSC ), Hassan Bello, has said Speaking on the sideline during the inspection tour of the Lagos-Ibadan rail project ...

August 16, 2020 No Responses

NPA Receives Largest Container Vessel Ever At Onne Ports

The Nigerian Ports Authority (NPA) on Sunday announced the berthing of the biggest container vessel to ever dock at a Nigerian Seaport. General Manager, Corporate and Strategic Communications, Mr Adams Jatto, in a statement explained that the ...

August 16, 2020 No Responses

Man Drowns At Lotus Garden Hotel

The Police Command in Anambra State has identified the man who drowned at Lotus Garden hotel pool in Onitsha as 42-year old Izuchukwu Achusim, a businessman, who allegedly went to catch fun with a female companion. Spokesman of the...

August 16, 2020 No Responses

SEC Nigeria Holds 1st CMC Meeting In 2020

The Securities and Exchange Commission (SEC) on Sunday announced that the first Capital Market Committee (CMC) meeting in 2020 is scheduled to hold from Thursday August 20 to Friday August 21, 2020. A CMC Meeting planned for April 2020 could n...

August 16, 2020 No Responses

DPR Pledges To Create Business Opportunities In Oil, Gas Industry

The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and gas industry. A statement by Mr Paul Osu, the Head, Public Affairs in DPR,...

August 16, 2020 No Responses

APC Inaugurates 104-Member Campaign Council For Ondo Governorship Election

The All Progressives Congress (APC) has inaugurated a 104-member national campaign council, headed by Lagos State Governor, Babajide Sanwo-Olu for the October 10 Governorship Election in Ondo State. APC Caretaker Committee Chairman, Gov. Mai Mala Buni of...

August 14, 2020 No Responses

Ayefele Inaugurates New Radio Station In Ekiti

Fresh 106.9 FM, a private radio station owned by renowned gospel musician, Yinka Ayefele was on Friday inaugurated in Ado-Ekiti, Ekiti State. Speaking during the ceremony, Wife of Ekiti State Governor, Mrs Bisi Adeleye-Fayemi, reiterated the commitment of...

August 14, 2020 No Responses

Sokoto Partners UK On ICT Development

The Sokoto State Government on Friday said it was collaborating with the United Kingdom (UK) agency to improve the Information and Communications Technology (ICT) sector in the state. Governor Aminu Tambuwal made the announcement in a statement issued in...

August 14, 2020 No Responses

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (left) unveiling the newly rehabilitated office block for the Nigeria Immigration Service (NIS) in Lagos Ports Complex, Apapa, Lagos State

August 14, 2020 No Responses

Daimler Agrees To $3b Diesel Settlements

Daimler said on Thursday it has reached agreements costing nearly $3 billion to settle civil investigations by U.S. regulators and lawsuits from vehicle owners stemming from a long-running probe into software to cheat diesel emissions tests.The settlements ...

August 13, 2020 No Responses

CMA CGM LNG Ship Completes Gas Trials

The first in a series of six LNG-powered neo-Panamax containerships being built for Singapore’s Eastern Pacific Shipping has completed gas trials in South Korea. The ship named Tenere will be chartered by CMA CGM that is also building a series o...

August 13, 2020 No Responses

MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent

Transactions maintained upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains. Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with...

August 12, 2020 No Responses

Antipiracy War: Nigeria Secures Premier Conviction under SPOMO ACT

The Federal High Court in Port Harcourt has convicted three persons accused of involvement in the hijack of an Equatorial Guinean flagged vessel named, MV ELOBEY VI, off Equatorial Guinea’s coast on March 21. Delivering judgement, Justice Mohammed Sa...