City BusinessNews – Page 465 – City Business News

June 16, 2019 No Responses

Firm Seals Two Charter Deals With MSC, Maersk Line

UK-based containership charter owner, Global Ship Lease (GSL) has agreed new charters for two of its vessels with container shipping majors.Both charters are commencing this June and include the 2,824 TEU GSL Valerie and the 5,095 TEU Orca.The 2005-built GSL...

June 15, 2019 No Responses

Buhari To CBN: Blacklist Firms Still Importing Palm Oil

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country.The presidential directive was disclosed by CBN Governor, Mr Godwin Emefiele, at a...

June 15, 2019 No Responses

COSCHARIS Unveils Complimentary BMW Five Year Service

Coscharis Motors, the sole franchisee of BMW in Nigeria has commenced complimentary five year service or 100,000km BMW care package, whichever comes&...

June 15, 2019 No Responses

NNPC Inaugurates Trading Company’s New Office

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has tasked staff of the National Oil Company to boost their productivity.The NNPC helmsman’s charge came during his inauguration of a new office complex of its ...

June 15, 2019 No Responses

Apapa Gridlock: Presidential Taskforce Gets Extension

The Federal Government has extended by two weeks, the time given the Presidential Taskforce on the Apapa traffic gridlock to resolve the matter following a request for extension by members of the taskforce and other stakeholders.Vice President Yemi Osinbajo, S...

June 14, 2019 No Responses

Nigeria Customs Generates N5.5b Daily

The Nigeria Customs Service (NCS) generates not less than N5.5 billion daily.The Comptroller-General (CGC), Hameed Ali, made this known during a working visit to the headquarters of the National Association of Government Approved Freight Forwarders (NAGAFF) in...

June 14, 2019 No Responses

Mercedes-Benz Delivers 938,499 Vehicles In Five Months

Mercedes-Benz sold 195,690 vehicles worldwide in May (-1.3%). The sales success of the new A-Class and the new CLA Coupé,which was launched in Europe in May, had a positive effect last month. In a highly competitive market environment worldwide, the...

June 14, 2019 No Responses

Fidelity Bank, NIPOST Seal Agency Banking Partnership

The Deputy Managing Director Fidelity Bank Plc, Mohammed Balarabe says the bank will provide banking services in 266 branches through its Agency Banking Partnership with NIPOST towards deepening financial inclusion in the country.The DMD, who disclosed this in...

June 14, 2019 No Responses

NSE Photo News

June 13, 2019 No Responses

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...

June 13, 2019 No Responses

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...

June 12, 2019 No Responses

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...

June 12, 2019 No Responses

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...

June 12, 2019 No Responses

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...