City BusinessNews Archives — Page 342 of 369

June 9, 2019 No Responses

Dakuku: Our Ocean Rich Enough To Sustain Nigeria’s Economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has stated that the nation’s ocean’s resources are rich enough to sustain the economy of Nigeria as most countries with maritime based economy. Dakuku who spoke...

June 8, 2019 No Responses

Ecobank At London Stock Exchange, Lauds Successful Listing of $500m Eurobond

Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listi...

June 8, 2019 No Responses

Ibom Air Makes Maiden Flight To Lagos

Ibom Air, owned by Akwa Ibom Government on Friday conducted its maiden flight from Uyo to Ikeja, Lagos State. The News Agency of Nigeria (NAN) reports that the airline’s Bombardier CRJ-900LR aircraft, which took off from the Obong Victor Attah...

June 8, 2019 No Responses

SIFAX Group, CEO Get Maritime Living Legends Awards

For its phenomenal growth and impactful service delivery over the last decade, SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality has won the Shipping Company of t...

June 8, 2019 No Responses

Photo News

Yeside Ogunremi, Chief Technology Officer, 9ijakids, Peju Njideaka, Chief Executive Officer, NutureHouse Ltd and Titi Adewusi, Co-Founder, 9ijakids at TOSSE Education Show 2019 in Lagos on Friday.

June 7, 2019 No Responses

Ibom Air Begins Commercial Operations

Regarded as the first commercial airline to be owned and operated by a state government in Nigeria and Africa, Ibom Air, will begin full commercial operations on Friday, June 7, 2019. Ekerete Udoh, the Chief Press Secretary to Akwa Ibom...

June 7, 2019 No Responses

NBC Shuts Down AIT, RAY POWER

The Nigeria Broadcasting Commission (NBC) has suspended the license of Daar Communication Plc, promoter of AIT, RAY POWER until further notice. The Director-General of NBC, Modibbo Kawu announced the shutdown on Thursday. He attributed the action to alleged fa...

June 7, 2019 No Responses

BMW, JLR To Develop Electric Car Components

BMW said it will develop its next-generation electric motors, transmission and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed to lower the costs of developing electric cars. “Together, we have the opp...

June 6, 2019 No Responses

Michelin Unveils Airless Tyre

French tyre major Michelin along with General Motors have unveiled an airless tyre prototype for passenger vehicles, which could hit the markets as early as 2024. According to the firms, the Uptis Prototype is airless a...

June 6, 2019 No Responses

Emerging Market Regulators Issue Recommendations On Sustainable Finance

Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...

June 6, 2019 No Responses

Dakuku: National Fleet Will End Capital Flight, Retain Jobs In Nigeria

Nigerians will be able to lift its country’s crude oil for export immediately the national fleet comes into operation, the Director General of NIMASA, Dr. Dakuku Peterside has said. Dakuku, who was speaking at a media breakfast meetin...

June 6, 2019 No Responses

Fiat Chrysler Withdraws Bid For Renault

Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to...

June 6, 2019 No Responses

Obaseki, Okowa Meet On Bendel Development Commission

The Edo State Governor, Mr. Godwin Obaseki, and his Delta State counterpart, Dr. Ifeanyi Okowa, are putting finishing touches to the establishment of Bendel Development Commission, a joint body to aggregate and drive economic development efforts in the two sta...

June 4, 2019 No Responses

Photo News

L-R, Director General, West African Monetary Institute Ghana, Dr Ngozi Egbuna, Commissioner, Industry and Private Sector Promotion ECOWAS Commission Mr Mamado Traore, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Chief Exec...