City BusinessNews Archives — Page 336 of 369

July 8, 2019 No Responses

Group Tasks National Assembly On Nigerian Railway’s 1955 Legal Status

By Moses Ebosele, ebosele@hotmail.com – A continental railway advocacy group, African Railway Roundtable has challenged the new leadership of Nigeria’s National Assembly to immediately revive and accelerate passage of the bill which seeks to amend the 1955 law establishing and...

July 8, 2019 No Responses

NNPC Inspects Drilling Operations In Kolmani

President Muhammadu Buhari is committed to growing Nigeria’s hydrocarbon reserves through the exploration of the various inland basins spread across the country, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has...

July 7, 2019 No Responses

Shipping Firm Attains First Simultaneous Bunkering Operations

Containerships, a subsidiary of the CMA CGM Group, has performed its first simultaneous operations (SIMOPS) bunkering. The operations allows for the concomitant bunkering of liquefied natural gas (LNG) and execution of loading and unloading procedures. The SIM...

July 7, 2019 No Responses

SEC Approves Airtel’s Listing On NSE

The Securities and Exchange Commission has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange. A source close to the transaction told the News Agency of Nigeria in Lagos that the commission granted the...

July 6, 2019 No Responses

FirstBank To Empower 500 Widows

First Bank of Ngeria Limited is to empower 500 widows in 2019 as part of its Corporate Social Responsibilities and Sustainable Week (CSR). Already, the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their....

July 6, 2019 No Responses

NSE Postpones Listing Of Airtel

The Nigerian Stock Exchange (NSE) has postponed the proposed Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc. According to NSE, the listing earlier scheduled for Friday, July 5th, 2019 was postponed to ensure th...

July 5, 2019 No Responses

Firm Expands Partnership With Maersk, MSC

Israeli shipping company Zim Integrated Shipping Services (ZIM) has further expanded its strategic cooperation with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC). Specifically, ZIM has now decided to boost ties with 2M on t...

July 5, 2019 No Responses

Mazda Recalls 33,000 Vehicles

Mazda is recalling nearly 8,000 CX-9 vehicles for malfunctions caused by faulty wiring harness connector terminals, which could affect the vehicle’s electrical communication. The automaker announced Tuesday that the wiring harness may disrupt electrical ...

July 4, 2019 No Responses

SAHCO Bags Aviation Handling Award

The Skyway Aviation Handling Company PLC (SAHCO) has been awarded the ‘Best Ground Handling Company in West Africa’. The award was given at the 5th edition of the Balafon Travel Awards held at La Palm Royal Beach Hotel, Accra, Ghana....

July 3, 2019 No Responses

New BMW X6 Coupe Debuts

BMW on Tuesday announced new 2020 X6 Sports Activity Coupe. More than ten years ago, BMW combined the attributes of the Sports Activity Vehicle with the more aggressive DNA of a Coupe to create the X6 and the new Sports...

July 3, 2019 No Responses

INEC To Resume Distribution Of Uncollected PVCs

The Independent National Electoral Commission (INEC) says it will resume distribution of uncollected Permanent Voter Cards (PVCs) in Bayelsa and Kogi, ahead of the states’ Nov. 16 governorship elections. INEC National Commissioner and Chairman, Information a...

July 2, 2019 No Responses

Samsung Secures Order For Special-Purpose Vessel

South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of one special-purpose ship for an undisclosed European shipowner. As informed, the order is worth KRW 134.8 billion (around USD 1.2 billion). Signed on June 28,...

July 1, 2019 No Responses

SEC To Skye Bank Investors: Claim Your Dividends

The Securities and Exchange Commission, SEC, has again re iterated it earlier directives to shareholders of defunct Skye bank to claim their dividend payment. This the SEC said is part of its investor protection programme and as well as ensure...

June 30, 2019 No Responses

Buhari Steps Down As ECOWAS Chairman, Seeks Common Security Strategy In W/Africa

Insecurity challenges in the West African subregion can only be effectively tackled if a common strategy is adopted by member states, President Muhammadu Buhari has said. Meanwhile, the Economic Community Of West African States ( ECOWAS) heads of s...