Tag: City BusinessNews
Ford Recalls 1.2m Vehicles
Ford is recalling 1.2 million sport utility vehicles in the US over suspension issues that the car giant said could affect steering.The recall, which is expected to cost $180m (£140m), affects Ford Explorers made in the US firm’s Chicago plant...
Aisha Buhari Empowers 2000 Women
Wife of the President, Dr. Mrs. Aisha Muhammadu Buhari has empowered 2000 women in Yola, Adamawa state.A press statement explained that the event, organized by Aisha Buhari Foundation in collaboration with the National Directorate of Employment (NDE) wit...
India Bans Seafarers From Nigerian Waters Over Kidnapping, Piracy
The government of India has issued a restriction banning all Indian seafarers from working on vessels in the Gulf of Guinea.In a circular sent to ship owners and shipping companies, India’s Directorate General of Shipping in Mumbai informed that the...
CISI, NCMI Sign MoU To Boost Capital Market Growth
The Securities and Exchange Commission (SEC)/Nigerian Capital Markets Institute (NCMI) and the Chartered Institute for Securities & Investment (CISI) have commenced a partnership, which will continue the NCMI’s important mission to be a cataly...
Buhari Congratulates New NASS Principal Officers
President Muhammadu Buhari has congratulated the newly elected presiding officers of the Ninth National Assembly.Sen. Ahmad Lawan, from Yobe, on Tuesday, emerged new Senate President when he polled 79 votes to defeat his only contender, Sen. Ali Ndume, f...
NPA Approves 10 % Discount On Habour Dues
As part of efforts to increase patronage at the Eastern Ports, the management of Nigerian Ports Authority (NPA) has approved a ten Percent (10%) discount on harbour dues in all concession terminals at the Eastern Ports. A statement issued by General ...
Mercedes Benz Unveils New Small Crossover Lineup
Mercedes-Benz on Monday unveiled new small crossover lineup identified simply as GLB. According to the automaker, the first seven-seater compact crossover will arrive at U.S. dealerships in late 2019.Referred to as the Baby G-Wagen, the GLB underscores th...
CMA CGM To Boost Fleet Wth 20 LNG-Fueled Ships
On the occasion of World Environment Day, French container shipping giant CMA CGM has reiterated its commitment to the environment, striving to be a leader in the energy transition of the maritime industry.Claiming to be a pioneer in the use...
AIB Faults Air Peace Over Alleged Failure To Report Incidents, Accidents
The Accident Investigation Bureau (AIB) has accused Air Peace of failure to report accidents or serious incidents to the bureau at the exact time the incidents had occurred.The General Manager, Public Affairs, AIB, Mr Tunji Oketunbi, made the disclosure in...
NNPC Records N174.62b Petroleum Product Sales In March
The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded N174.62 billion sale of white petroleum products in March.The corporation disclosed this in its March Monthly Financial and Operations Report (MFOR) released in Abuja.It says that Ma...
Buhari Accepts Retirement Of Onnoghen As CJN
President Muhammadu Buhari has accepted the voluntary retirement from service of Justice Walter Onnoghen as Chief Justice of Nigeria, effective from May 28, 2019.A statement issued by Garba Shehu, Senior Special Assistant on Media and Publicity, on Sunday said...
Dakuku: Our Ocean Rich Enough To Sustain Nigeria’s Economy
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has stated that the nation’s ocean’s resources are rich enough to sustain the economy of Nigeria as most countries with maritime based economy.&nbs...