City BusinessNews Archives — Page 381 of 407

June 4, 2019 No Responses

Pope Francis Approves Revision Of Italian Missal

Pope Francis has approved a revised third edition of the Italian Missal, including changes to the Lord’s Prayer and Gloria. On May 22nd during the General Assembly of the Episcopal Conference of Italy, President Cardinal Gualtiero Bassetti announced the approval...

June 3, 2019 No Responses

Board To Vote On Renault Merger With Fiat Chrysler

French automaker Renaultsays its board will meet on Tuesday to vote on a possible merger with Fiat Chrysler. Fiat Chrysler has proposed to merge with Renault to create the world’s third-biggest automaker, worth almost $40 billion, and combine...

June 3, 2019 No Responses

NCAA Revokes Pilot’s Licence

The Nigerian Civil Aviation Authority (NCAA) has revoked the Airline Transport Pilot’s Licence (ATPL) of a pilot for serious violation of the Nigeria Civil Aviation Regulations (Nig.CARs). The General Manager Public Affairs, NCAA, Sam Adurogboye, revealed th...

June 2, 2019 No Responses

Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team

The crisis rocking Oando Plc took a new dimension on Sunday as the Securities and Exchange Commission (SEC) appoints an interim management team for the company. According to SEC, the management team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON,...

June 2, 2019 No Responses

SEC, EFCC, Seek Prosecution Of Capital Market Offenders, Repatriation Of Stolen Funds

The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate in combating crime in the Nigerian capital market.This agreement was reached when the Management of the SEC met with the Management ...

June 2, 2019 No Responses

Buhari To Host Lake Chad Security Summit

President Muhammadu Buhari will host leaders of Lake Basin Commission in an informal summit on the side lines of Democracy Day and Second Term inauguration celebrations on June 12, 2019, in Abuja. The meeting will focus on bringing up new...

June 2, 2019 No Responses

NIMASA DG Implores Media On Constructive Reporting

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has advised the media in Nigeria to concentrate their effort and attention on productive reporting aimed at spurring positive action in the country, espe...

June 1, 2019 No Responses

Oando To SEC: Alleged Infractions Are Unsubstantiated

The management of Oando Plc has resolved to challenge the Securities and Exchange Commission (SEC) on the outcome of its forensic audit. The company is of the view that the alleged infractions and penalties are unsubstantiated, ultra vires, inv...

June 1, 2019 No Responses

NPA Photo News

The Management of the Nigerian Ports Authority (NPA) led by the Managing Director, Hadiza Bala Usman on Friday played host to the Executives of the Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC), Maritime Bra...

June 1, 2019 No Responses

Apapa Gridlock: Presidential Task Force issues Operational Guidelines

The Presidential Task Force on the Restoration of Law and Order in Apapa Ports’ Area has unveiled its operational guidelines. The guidelines as contained in a paper made available to stakeholders at a meeting held in Lagos, recently, stipulates continuous...

June 1, 2019 No Responses

SIFAX Group Photo News

CAPTION: L-R: Dr. Taiwo Afolabi (MON) Group Executive Vice Chairman, SIFAX Group with Mr. Marek Skolil, Ambassador of the Czech Republic in Nigeria, after a business meeting held at the Embassy of the Czech Republic in Abuja.

May 31, 2019 No Responses

Cameron Begins LNG Export

All is now set for the export of Liquefied Natural Gas (LNG) from Cameron. The 177,000 cbm LNG carrier Marvel Crane is poised to become the first ship to load LNG cargo from the Cameron LNG project that started production...

May 31, 2019 No Responses

Uber Declares $1b Loss

Uber has posted a $1bn (£790m) loss as the ride-hailing firm delivered its first figures since a disappointing flotation earlier this month. The quarterly loss came despite a 20% a rise in revenues to $3.1bn and increase in monthly active...

May 30, 2019 No Responses

Sanwo-Olu Extends LASTMA’s Working Hours To 11 p.m., Appoints Jaji SSG

The Lagos State Governor, Babajide Sanwo-Olu, on Thursday signed his first Executive Order to address traffic control and management, fixing of potholes on the roads, sanitation as well as cleaning of drainages in the State.The Order is to also ensure...