City BusinessNews Archives — Page 356 of 371

April 14, 2019 No Responses

Emefiele To Investors: Nigeria Ready For Business

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country has gone through a successful election and was ready for investments. The CBN Governor, Godwin Emefiele, in Washington DC, at the weekend, held an...

April 14, 2019 No Responses

NPA Boss Elected Vice Chair Of IMO Committee

The International Maritime Organisation, (IMO) has unanimously elected Nigerian Ports Authority (NPA) Managing Director, Hadiza Bala Usman, as vice chairperson of its Facilitation Committee (FAL) for a one-year period (2019-2020). The IMO is ...

April 13, 2019 No Responses

NIMASA DONATES RELIEF MATERIALS TO FLOOD VICTIMS IN NIGER

The Nigerian Maritime Administration and Safety Agency (NIMASA) in continuation of its nationwide donation of relief items to victims affected by flood in some 20 states of the country has made presentation to the people so affected in Niger State....

April 13, 2019 No Responses

CBN Boosts Anchor Borrowers Programme With N174. 48B

The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015. The Director, Corporate Communications Department of the bank, Mr Isaac Okoroafor st...

April 13, 2019 No Responses

World Bank To Invest $15b In African Human Capital Projects

The World Bank has said it will invest 15 billion dollars into human capital projects in Africa by the year 2023. Hafez Ghanem, World Bank Vice President for Africa said this in a statement issued in Nairobi. “The projects are...

April 12, 2019 No Responses

SIFAX Group Unveils Financial Services Subsidiary, Appoints Abitoye GM

In order to take full advantage of emerging opportunities in the financial sector in the country and across the West African territory, SIFAX Group has launched a new subsidiary, Sky Capital and Financial Allied International Limited. The new subsidiary is...

April 12, 2019 No Responses

Tony Elumelu Foundation Hosts European Commission, Finance Institutions, Others In Brussels

At a time when Europe’s relationship with Africa is high on foreign policy and developmental agenda and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the...

April 12, 2019 No Responses

Nigerian Airports Records 17.23m Passengers In 2018

The National Bureau of Statistics (NBS) has said that a total of 17.23 million passengers passed through Nigerian airports in 2018. The NBS said this in its Air Transportation Data for 2018 posted on its website. The report said international...

April 11, 2019 No Responses

NPA Boss To Women: Battle Challenges With One Voice

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has advised women to tackle challenges in the work place with one voice. Presenting a paper at the just concluded 3rd World Maritime University Conference, Bala Usman explaine...

April 11, 2019 No Responses

Heritage Bank Photo News

L-R: Afolasade Alonge, Divisional Head, Corporate & Specialised Banking, Heritage Bank Plc; Kikanwa Akpenyi, Group Head, Customer Experience & Analytics; Amb. Soline Niyirahabimana, Hon. Minister of Gender & Family Promotion; Mother Dan-Egwu, Group...

April 11, 2019 No Responses

IMF Cautions Nigeria, Others On China Loans

The International Monetary Fund (IMF) has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. Mr Tobias Adrian said this on Wednesday during the launch of the Global Financial Stability Report for ...

April 11, 2019 No Responses

Twenty States To Benefit From NIMASA’s Donation Of Relief Materials

The Nigerian Maritime Administration and Safety Agency (NIMASA) Tuesday commenced the donation of relief materials to Internally Displaced Persons (IDPs) nationwide with the presentation of household items to IDPs in Lagos. The exercise, which took place at th...

April 10, 2019 No Responses

CBN Lifts Forex Market With $210 Million

The Central Bank of Nigeria (CBN) has again injected 210 million dollars into the inter-bank Foreign Exchange Market. A statement issued on Tuesday in Abuja, by Mr Isaac Okorafor, Director, Corporate Communications, CBN, said it is in continuation of the...

April 10, 2019 No Responses

Fire Destroys RoRo Ship

Panama-flagged roll-on/roll-off (RoRo) ship Al Fayrouz caught fire while underway in the Red Sea on April 8. According to Saudi Arabian Border Guards, the 101-meter was in international waters, 60 nautical miles off Saudi Arabia’s Farasan Islands, when the i...