City BusinessNews Archives — Page 350 of 356

February 19, 2019 No Responses

Total Top Losers Table As Nigerian Stock Exchange Is Down By N196B

The Nigerian Stock Exchange (NSE) on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts. Specifically, the market capitalisation shed N196 billion or 1.61 per cent to close at N12.004 trillion against N12.200...

February 19, 2019 No Responses

INEC Okays Resumption Of Campaigns

PARTIES threatening to resume campaigns following the postponement of the general elections got the nod to return to campaign grounds last night. The Independent National Electoral Commission (INEC) reversed itself on its earlier position that political campai...

February 19, 2019 No Responses

Maritime Firm Records $75m Loss In 2018

Norwegian maritime industry group Wilhelmsen ended 2018 — the first full year with present corporate structure — in loss. In the preliminary result for the year, the group reported a loss for the period of USD 75 million in 2018, compared to a loss...

February 18, 2019 No Responses

1.6 million Register For 2019 JAMB

The Joint Admissions and Matriculation Board (JAMB) says not less than 1.8 million candidates would be registered for its 2019 UTME by the end of the registration exercise scheduled for February 21. The agency also says over 1.6 million candidates...

February 16, 2019 No Responses

Nigeria Elections Postponed

Nigeria’s presidential and parliamentary elections have been delayed for a week. The Independent National Electoral Commission (INEC) made the announcement just five hours before the polls were due to open on Saturday. “Proceeding with the election...

February 15, 2019 No Responses

Federation Of Exchanges To Focus On Regulatory Coherence In 2019

The World Federation of Exchanges (WFE), the global industry group for exchanges has agreed its 2019 business priorities will focus on the following areas: regulatory coherence or market fragmentation; technology-related policy work on topics including in...

February 15, 2019 No Responses

ICTSI Unveils New Container Terminal

Philippines-based International Container Terminal Services Inc. (ICTSI) has inaugurated the newly-expanded Batumi International Container Terminal (BICT) in Georgia. Both the waterside and landside areas of the multipurpose terminal were expanded with the aim...

February 14, 2019 No Responses

Osinbajo’s Chopper Crash: Report Blames Sandy, Dusty Environment

THE Accident Investigation Bureau (AIB) yesterday released the report of the helicopter crash involving Agusta Westland W 139 Caverton Helicopters, which flew Vice President to Kabba in Kogi State. It attributed the February 2, 2019, crash of the chopper marke...

February 13, 2019 No Responses

Eterna Targets 200 Petrol Stations In Five Years

The Management of Eterna Plc has concluded plans to establish not less than 200 petrol stations in the next five years from the 35 it currently operates. Speaking in Lagos on Tuesday, Managing Director, Mahmud Tukur also declared that market...

February 13, 2019 No Responses

NBS: Agriculture Sector Grew By 18.58% In Q4, 2018

The National Bureau of Statistics (NBS), said the agriculture sector of the economy measured by Gross Domestic Product (GDP) grew by 18.58 per cent year-on-year in nominal terms in fourth quarter of 2018. The bureau said four activities of crop...

February 13, 2019 No Responses

Eterna Photo News

L – R shows Mr. Olumide Bolumole, Head, Listing Business Division, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mr. Mahmud Tukur, Managing Director/CEO, Eterna Plc during a Closing Gong Ceremony to commemorate its 30th y...

February 12, 2019 No Responses

Obaseki Seeks Peaceful Elections

The Edo State Governor, Mr. Godwin Obaseki, has urged politicians, the electorates and other critical stakeholders in the forthcoming 2019 general elections to ensure peaceful conduct of the polls in the state. Obaseki made the call while delivering a keynote....

February 11, 2019 No Responses

Nigeria Begins clampdown On Vessels Over Non-Compliance With Cabotage Regime

After several warnings, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced clampdown on vessels that do not comply with the provisions of the Cabotage Compliance Strategy introduced last year to ease the implementation of the Cabotag...

February 9, 2019 No Responses

53 Parties Adopt Buhari

The governorship candidate of the All Progressives Congress (APC) in Lagos State, Mr Babajide Sanwo-Olu, is the “most competent” to govern the state among the candidates jostling for the Lagos top seat, the Minister of Works, Power and Housing, Mr...