City BusinessNews – Page 408 – City Business News

October 13, 2019 No Responses

Firm Secures $376.8m Order For LNG Carrier

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a contract for the construction of two LNG carriers for unidentified American customers. According to the company, the deal is worth KRW 446.5 billion (USD 376.8 million). Scheduled to be...

October 12, 2019 No Responses

NNPC, NLNG Sign $2.5b Gas Supply Contract

The Nigerian National Petroleum Corporation (NNPC) on Friday signed a $2.5 billion pre-payment agreement with the Nigeria Liquefied Natural Gas (NLNG) for upstream gas development projects to supply gas to Trains 1 to 6 of the plant. Speaking at the...

October 12, 2019 No Responses

Michelin To Close Tyre Factory

Foremost Tyre manufacturer, Michelin has concluded plans to close a French-based factory with 619 employees next year as competition from cheaper Asian manufacturers knocks its profit margin. Two weeks ago, the French company announced the closure of a factory...

October 12, 2019 No Responses

First Bank Boss At Edinburgh Conference, Reiterates Commitment to Financial Inclusion In Nigeria

By citybusinessnews@yahoo.com — As part of the Bank’s financial inclusion and global thought leadership drive, the Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive pa...

October 12, 2019 No Responses

Fidelity Bank Canvasses Better Data Sharing In Retail Growth

The Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua has advised data validation agencies and organisations to adopt appropriate policies that provide financial institutions with the required flexibility to utilise available c...

October 12, 2019 No Responses

Photo News

SIFAX Group staff led by Mr. Abayomi Obadare, General Manager, Billing and shipping agents at the 2019 International Customer Service Week celebration which was organized by Ports & Cargo Handling Services Limited.

October 11, 2019 No Responses

Customs Port Harcourt Area II Command Generates ₦81.2b Revenue In Q3

The Nigeria Customs Service (NCS), Area II Command Onne Port generated a total revenue of eighty-one billion, one hundred and ninety-six million, six hundred and ninety-seven thousand, eight hundred and fifty- eight naira, and fifty-seven kobo (₦81,196,697,8...

October 11, 2019 No Responses

BPSR Seeks Partnership With BPE On Moribund Industries

Director General of the Bureau of Public Service Reforms (BPSR), Mr. Dasuki Ibrahim Arabi has sought the collaboration of the Bureau of Public Enterprises (BPE) to reform some moribund industries in the country in line with its mandate. Speaking when...

October 11, 2019 No Responses

UBA Celebrates 2019 Customers’ Forum In Lagos

United Bank for Africa(UBA) has reiterated its commitment to surpass the expectations of its customers through the provision of products and services that meet their needs. The Bank made this promise at a special Customer Forum to mark the 2019...

October 11, 2019 No Responses

NSE Photo News

L – R: Olajobi Makinwa, Chief, Inter-governmental Relations and Africa, United Nations Global Compact (UNGC); Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE); Lise Kingo, Chief Executive Officer & Executive Director UNGC; B...

October 11, 2019 No Responses

African Airlines Record 4.1 Per Cent Increase In Passenger Traffic

African airlines recorded a 4.1 per cent increase in passenger traffic in August compared to the same period in 2018, the International Air Transport Association (IATA) disclosed on Thursday.IATA’s Director-General, Alexandre de Juniac, said the traffic clim...

October 11, 2019 No Responses

WAEC Gets New Registrar

The West African Examination Council (WAEC) on Thursday announced the appointment of Pateh Bah from The Gambia as its new Registrar/Chief Executive Officer (CEO).The appointment is for a five-year tenure from October 2019 to September 2024.Mr Bah is the ...

October 11, 2019 No Responses

NPA Photo News

The Representative of the Managing Director, Nigerian Ports Authority (NPA), the Executive Director, Marine and Operations, Dr. Sokonte Huttin Davies (Standing 6th From Left), the Executive Director, Finance& Admin, Mohammed Bello-Koko (5th From Left) and ...

October 10, 2019 No Responses

Labour Condemns Tenure Extension For Seven Permanent Secretaries

Organized Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has condemned the extension of tenure granted seven Permanent Secretaries in the Federal Civil Service.In a Statement issued in Lagos on Thursday, ASCSN Secretary...