City BusinessNews Archives — Page 347 of 369

May 20, 2019 No Responses

NIMASA To Partner Port Of Antwerp On Maritime Trade

As part of efforts to boost trade and encourage foreign direct investment opportunities in the Nigerian maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) is set to partner with the Port of Antwerp in Belgium. This position was...

May 19, 2019 No Responses

FIRS Declares N1.5tri Revenue In Q1

The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler. Fowler disclosed this to the News Agency of Nigeria (NAN) in New York at the weekend....

May 18, 2019 No Responses

MTN, First Bank, Access Bank, UBA, GTBank, Others Seal N200b Loan Deal

MTN Nigeria Communications Plc on Friday signed a seven-year 200 billion naira medium term facility with a consortium of seven mostly local banks. The company stated this in a statement by its Company Secretary, Uto Ukpanah, to the Nigerian Stock...

May 18, 2019 No Responses

Michelin Acquires Masternaut

French tyre maker Michelin has agreed to buy telematics company Masternaut for an undisclosed amount, in a deal Michelin said would increase its presence in the field of customer services. According to Reuters, Masternaut manages over 220,0...

May 18, 2019 No Responses

NIMASA DG: Maritime Tourism Can Grow Nigeria’s Economy

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called for concerted effort by stakeholders towards the development of coastal and maritime tourism in Nigeria, saying when fully harnessed, the sect...

May 18, 2019 No Responses

Edo Inaugurates Agric Produce Development Committee

The Edo State Governor, Mr Godwin Obaseki, has inaugurated the seven-man Edo Agricultural Produce Development Strategy Implementation Committee, to drive the state government’s policies in repositioning the state as an agricultural produce hub. Spe...

May 17, 2019 No Responses

States To Share N649b Paris Club Refund

All is now set for States across Nigeria to share N649billion Final Tranche of Paris Club Refund. Briefing Journalists on Thursday in Abuja, Finance Minister, Mrs. Zainab Ahmed explained that debtor-states are expected to sett...

May 17, 2019 No Responses

NPA Photo News

The newly elected Executives of Senior Staff Association Statutory Corporations and Government Owned Companies (SSASCGOC), Maritime Branch on Thursday paid a courtesy call on the Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman at the NPA C...

May 17, 2019 No Responses

Dakuku Peterside: Nigerian Waters Now Safer

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that piracy and other maritime crimes have reduced drastically in the Nigerian maritime domain, making it safer for investment. Contrary to ...

May 17, 2019 No Responses

Seplat Photo News

L-R: Mr. Austin Avuru, Chief Executive Officer, Seplat Petroleum Development Company Plc; Company’s Secretary, Mrs. Mirian Kachikwu; Dr. A.B.C. Orjiako, Chairman; Mr. Roger Brown, Chief Financial Officer, during the company’s 6th Annual General Meetin...

May 17, 2019 No Responses

Yamaha Attains 10 Million Production Milestone

Foremost Japanese two-wheeler manufacturer, Yamaha Motor has achieved 10 million production milestone in India. The company which has three manufacturing facilities at Surajpur (U.P), Faridabad (Haryana) and Chennai (Tamil Nadu) jointly contributed to th...

May 16, 2019 No Responses

SEC Boss To Nigerians: Beware, Loom Is A Ponzi Scheme

The Securities and Exchange Commission, SEC, has raised the alarm over the activities of some alleged online fraudsters, who are currently running an online investment scheme tagged ‘Loom Money Nigeria’.SEC explained that Loom Money Nigeria, is taking over...

May 16, 2019 No Responses

APM Terminals Expands Scope, Integrates Into Maersk Logistics & Services

Come August 1, 2019, APM Terminals Inland Services will be integrated into Maersk Logistics & Services, providing customers with seamless access to a wider range of logistics & services offerings. This is a next step for A.P. Moller – Maersk...

May 16, 2019 No Responses

MTN Nigeria Presents Financial Details At NSE, Secures Final Approval

MTN Nigeria Communications Plc has secured the requisite regulatory approval to list its shares on the floor of Nigerian Stock Exchange (NSE) Thursday, May 16th, 2019. The company is also expected to present its Facts Behind the figure on the...