City BusinessNews Archives — Page 351 of 369

May 1, 2019 No Responses

Sifax Group Photo News

L-R: Solomon Fatoyinbo, Protocol Officer, SIFAX Group; Victor Olotu, Senior Manager, Business Development and Strategic Planning, SIFAX Group; Oloye Gbadamosi, Captain, Sunshine FC, Surulere; Seinde Fadeni, Chief Executive Officer, GMT Energy Resources Limited and Philips Ojo, Corporate Affairs Officer, SIFAX...

April 30, 2019 No Responses

Lagos Assembly Approves N479b For Capital Expenditure In 2019

The Lagos State House of Assembly on Monday passed the state’s 2019 Appropriation Bill of N873. 532 billion for 2019. The approval came more than 80 days after Governor Akinwunmi Ambode presented the 2019 appropriation bill of N852. 316 billion...

April 30, 2019 No Responses

Osinbajo: States Must Improve Their IGR In Next Few Years

Vice President Yemi Osinbajo says there is the need for states to explore ways of improving their Internally Generated Revenue (IGR) in the next few years. Osinbajo said this on Monday at the opening of the Induction of New and...

April 30, 2019 No Responses

Samsung Delivers Sixth MR Unit To Maersk Tankers

Denmark’s Maersk Tankers has received its latest medium range (MR) product tanker from Samsung Heavy Industries (SHI). Maersk Corsica was officially delivered to Maersk Tankers on April 26, two days after a naming ceremony at SHI’s Ningbo shipyard, in Chin...

April 30, 2019 No Responses

Photo News

L – R shows Divisional Head, Listing Business Division, The Nigerian Stock Exchange (NSE), Mr. Olumide Bolumole; Executive Director, Regulation, NSE, Ms. Tinuade Awe; Chief Executive Officer, NSE, Mr. Oscar N. Onyema OON; Senior Special Assistant to the Pres...

April 29, 2019 No Responses

SEC Nigeria To Align Master Plan With Current Economic Realities

The Securities and Exchange Commission (SEC) is to align the 10 Year Capital Market Master plan with current economic realities as well as ensure the planned review is concluded in record time. Acting Director General of SEC Nigeria, Ms. Mary...

April 28, 2019 No Responses

Nigeria To Bridge Petroleum Products Supply Gap

The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country. Baru disclosed this while fielding questions from journalists after a facility tou...

April 28, 2019 No Responses

VW, JAC Seal $750.8m Electric Car Deal

Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.83 million) in a new electric car factory in the eastern Chinese city of Hefei, according to local authorities. A document post...

April 28, 2019 No Responses

JAMB To Release 2019 UTME Results Monday

The Joint Admissions and Matriculation Board (JAMB) has assured candidates of the 2019 Unified Tertiary Matriculation Examination (UTME) that results would be ready from April 29. The Board’s Head of Media and Publicity, Dr Fabian Benjamin, disclosed this in...

April 28, 2019 No Responses

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporatio...

April 27, 2019 No Responses

Shipyard Begins Construction Of First Grimaldi GG5G RoRo Vessel

China’s Jinling Shipyard has started construction of the first hybrid roll-on/roll-off (RoRo) freighter for Italian shipping company Grimaldi Group. Danish marine consultancy Knud E. Hansen, which was in charge of designing the vessels, confirmed the milesto...

April 27, 2019 No Responses

Peugeot Maker, PSA Group Explains Drop In Revenue

Peugeot maker, PSA Groupe has reported a 1.1 percent decline in revenue, as falling overseas sales outweighed pricing improvements in the first quarter. According to the Group, revenue fell to 17.98 billion euros ($20.05 billion) in January-Marc...

April 27, 2019 No Responses

Lee Engineering Photo News

Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru (Left) On Friday Toured Lee Engineering And Construction Company’s Ultra Modern Facilities, In Warri, Delta State. With Him Is the Chairman/Chief Executive Officer, Chi...

April 26, 2019 No Responses

Access Bank Shareholders Get 25kobo Final Dividend

Shareholders of Access Bank Plc on Thursday approved the final payment of 25kobo dividend. Speaking during the Annual General Meeting in Lagos, the Shareholders also commended the Board and Management of the Bank on the successful merger with Diamo...