City BusinessNews – Page 367 – City Business News

March 20, 2020 No Responses

Hapag Lloyd Liner Debuts At Ports & Cargo Terminal

Ports & Cargo Handling Services Limited, the flagship company of SIFAX Group and concessionaire of Terminal C, Tin Can Island Port, Apapa, Lagos, has added a new client to its growing clientele list. The latest addition is Hapag Lloyd AG...

March 20, 2020 No Responses

NPA: Our Charges Not Highest In West Africa

By citybusinessnews@yahoo.com — The Nigerian Ports Authority (NPA) on Thursday reiterated that apart from towage dues, which were reviewed to cover the cost of providing the service in 2015, tariffs have remained the same since 1993. Accordin...

March 18, 2020 No Responses

New Kia Sorento Displays Strength, More Innovations

The new Kia Sorento was revealed for the first time on Wednesday. Powerful, progressive and versatile, the fourth generation of Kia Motors Corporation’s flagship SUV is designed and engineered to take on everything life throws at it. Raising standards i...

March 18, 2020 No Responses

SEC Nigeria Photo News

L-R:Chairman, Senate Committee on Capital Market Sen. Ibikunle Amosun, Member of the Committee Sen Degi Eremienyo, Member, Sen Michael Nanji and Acting Director General, Securities and Exchange Commission (SEC), Ms Mary Uduk during an oversight visit by to S...

March 18, 2020 No Responses

Ecobank Transnational Incorporated Rejigs Board

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, has announced two new appointments and changes on its Board of Directors.A statement issued by Group Head, Corporate Communications Ecobank Transnational Incorporated...

March 18, 2020 No Responses

Nigeria Reviews Oil And Gas Free Zones Authority Act

The Nigerian Government on Tuesday in Abuja commenced review of the Act establishing Oil and Gas Free Zones Authority (OGFZA). According to the Government, the review is to remove ambiguities and enhance effectiveness in the sector. The Minister of Industry,.....

March 17, 2020 No Responses

Senate Mulls Downward Review Of 2020 Budget

The Senate on Tuesday said it may consider a downward review of 2020 budget of N10.5 trillion passed by the National Assembly and assented by President Muhammadu Buhari.The Senate resolution followed adoption of recommendations of its joint committees on Finan...

March 17, 2020 No Responses

Akeredolu To Inaugurate Jimoh Ibrahim’s Varsity

Governor Oluwarotimi Akeredolu of Ondo State will, on March 21, inaugurate University of Fortune, established by a business mogul, Chief Jimoh Ibrahim.The News Agency of Nigeria (NAN) reports that the new institution is located at Igbotako in Okitipupa Local G...

March 17, 2020 No Responses

Jollof Rice Takes Centre Stage As VASCORP, RIFAN Explain Support For Junior Chef Competition In Kano

Winners have emerged in the just concluded Indigenous Rice Junior Chef Competition in Kano State.The cooking competition for kids aged between 12 to 15 years was organised by the Kano chapter of Rice Farmers Association of Nigeria (RIFAN) and supported...

March 17, 2020 No Responses

CBN Creates N50bn Fund, Cuts Rates On Loans

The Central Bank of Nigeria (CBN) Monday cut interest rates on all applicable CBN intervention facilities from 9 to 5 percent per annum for one year effective March 1, 2020. The apex Bank also granted a further moratorium of one...

March 17, 2020 No Responses

Hyundai Receives 14,000 Bookings For New Creta SUV

Hyundai Motor has unveiled the new Creta SUV for the India market. The automaker disclosed on Monay that it has received more than 14,000 bookings for the new Creta in less than 15 days. According to Hyundai, 50 percent of the bookings...

March 17, 2020 No Responses

Heritage Bank, GEZAWA Seal Agric Partnership

Heritage Bank Plc, the lead settlement bank for Gezawa Commodity Market (GCMX) in collaboration with key stakeholders is to revolutionise agricultural value-chain as part of measures to provide fully integrated ecosystem for commodity Exchange. A statement exp...

March 17, 2020 No Responses

Cosmas Maduka Bags Multiple Awards

Credible recognitions came the way of the founder of the respected wholly owned Nigerian conglomerate, Coscharis Group, Dr. Cosmas Maduka recently when he was honoured on three different platforms in his capacity as an entrepreneur per excellence. A statement ...

March 16, 2020 No Responses

Maritime Stakeholder Laud New NIMASA Management

More stakeholders in the maritime industry have commended the new executive management team appointed by President Muhammadu Buhari for the Nigerian Maritime Administration and Safety Agency (NIMASA) led by Dr. Bashir Jamoh. According to the Stakeholders...