City BusinessNews Archives — Page 386 of 407

May 14, 2019 No Responses

RIFAN: Reappointment Of Emefiele As CBN Governor Will Transform Agric Sector

Rice Farmers Association of Nigeria (RIFAN) says the reappointment of Mr Godwin Emefiele, as the Governor of the Central Bank of Nigeria (CBN) by President Muhammadu Buhari, will lead to agricultural transformation. The RIFAN President Alhaji Aminu Goronyo, told the...

May 14, 2019 No Responses

JAMB Remits N5b To Federation Account

The Joint Admissions and Matriculation Board (JAMB) has remitted N5 billion to the Federation Account in 2019. This is against the N8 billion it returned to the government purse last year. JAMB’s Head of Information, Dr Fabian Benjamin, confirmed this...

May 14, 2019 No Responses

Panama Canal Welcomes Largest LNG Tanker

Less than three years since its inauguration, the Expanded Panama Canal welcomed Qatargas’ Al Safliya, the first Q-Flex and the largest liquefied natural gas (LNG) carrier to ever transit the waterway. The tanker, which has an overall cargo capacity of...

May 14, 2019 No Responses

SEC Boss: Commodities Market will Aid Economic Diversification

The Commodities Trading Ecosystem has been described as an important market that is capable of playing a strong role in the nation’s diversification efforts as being championed by the present administration. This was stated by the Acting Director General of....

May 13, 2019 No Responses

SEC Nigeria To Stop Distribution Of Gifts To Shareholders At AGMs, EGMs

In a bid to ensure that investors get more value for their investments and thereby positively impact on their earnings per share, the Securities and Exchange Commission, SEC is seeking to create a sub rule to regulate the conduct of...

May 13, 2019 No Responses

NSITF: Presidency Backs Ngige, Appoints Enejamo-Isire Board Chairman

The Presidency has confirmed the appointment of Mr. Austin Enejamo-Isire, a Chartered Accountant, as the rightful chairman of Nigeria Social Insurance Trust Fund (NSITF). Meanwhile, Frank Kokori has been pencilled down for the headship of Labour Tr...

May 12, 2019 No Responses

Firm Secures $297m Loan For Two LNG Carriers

Russian shipping company Sovcomflot (SCF Group) has signed a new USD 297 million limited recourse credit facility to finance its two next-generation LNG carriers. The financing deal, with a duration of up to ten years, was concluded with three international...

May 12, 2019 No Responses

JAMB Withholds 34,120 Results

The Joint Admissions and Matriculation Board (JAMB) on Saturday released the results of 1, 792, 719 candidates who wrote the 2019 Unified Tertiary Matriculation Examination (UTME). Meanwhile, the board has withheld the results of 34, 1...

May 11, 2019 No Responses

ABCON: Re-Appointment Of Emefiele Will Boost FX Market Stability

The Association of Bureau De Change Operators of Nigeria (ABCON), on Friday said that the reappointment of Mr Godwin Emefiele as the CBN Governor for another term will sustain stability in the foreign exchange market. ABCON’s President, Alhaji Aminu Gwadabe....

May 11, 2019 No Responses

Photo News

President Muhammadu Buhari Breaks Ramadan Fast With Asiwaju Bola Tinubu, At The Presidential Villa, On Friday Night, In Abuja

May 10, 2019 No Responses

Mercedes-Benz Sales Hit 742,809 Units In Four Months

For the Month of April 2019, Mercedes-Benz delivered not less than 181,936 cars and a total of 742,809 in the first four months of the year. According to the company, the ongoing sales success of the new A-Class resulted in worldwide growth...

May 10, 2019 No Responses

Emulate NIMASA, El-Rufair Urges Corporate Organisations

The Governor of Kaduna State, Mallam Nasir El-Rufai, has urged corporate organisations in Nigeria to emulate the Nigerian Maritime Administration and Safety Agency (NIMASA) by supporting and complementing government’s efforts towards alleviating the sufferin...

May 10, 2019 No Responses

Coscharis Photo News

L – R: Ifeanyi Agwu, Managing Director, BKG Exhibitions Ltd; Adetunji Oyebanji, Managing Director 11 Plc; Susan Bisong Taiwo, Deputy Director, National Automotive Design and Development Council, NADDC; Abiona Babarinde, General Manager, Marketing and Corpo...

May 10, 2019 No Responses

Naira Remains Stable At Parallel Market

The Naira on Thursday remained stable at the parallel market in Lagos, exchanging at N359.3 to the dollar. The Pound Sterling and the Euro traded at N472 and N402, respectively. At the Bureau De Change (BDC) window, the naira was...