City Archives — Page 231 of 524

November 24, 2018 No Responses

Shipping Firm Receives Two Tankers

Singapore-based ship management company Eastern Pacific Shipping has taken delivery of two Aframax tankers from Hanjin Heavy Industries & Construction – Philippines. Named M/V Iberian Sea and M/V Levantine Sea, the two tankers feature 114,000 in dwt each and were ordered...

November 24, 2018 No Responses

Inter-Ministerial Committee On Cheaper Medicines Underway In Nigeria

President Muhammadu Buhari has directed the setting up of an inter-ministerial committee to fashion out how medicines and livestock drugs can be made available to the Nigerian public at a fraction of the prevailing prices. Receiving the executive board members...

November 24, 2018 No Responses

Aisha Buhari To Mothers: Break Culture Of Silence

Wife of the President has decried the increasing rate of Gender-Based Violence (GBV) especially those against young women, calling on mothers to break the culture of silence and report cases of abuse against their children. She was speaking during an...

November 23, 2018 No Responses

NLNG Implores Nigerian Firms On Maximum Value Of $4b Train 7 Project

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Thursday in Port Harcourt, said the company was 100% committed to a Train 7 project that will be delivered with the involvement of competent Nigerian...

November 23, 2018 No Responses

Again, MPC Retains Lending Rate At 14%

The Monetary Policy Committee (MPC) for the 14th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele made this known at a news conference on Thursday, in...

November 23, 2018 No Responses

NNPC Seeks New Funding Options For Operators

The NNPC says it is devising new ways to attract more funding for operators in Nigeria’s oil and gas industry to launch them into a new phase of exploration. The operators have been grappling with funding challenges which has cut...

November 23, 2018 No Responses

Nissan Sacks Chairman Over Alleged Financial Misconduct

Carlos Ghosn has been ousted after nearly two decades at the helm of Japanese carmaker Nissan, following allegations of financial misconduct. BBC reports that he has been accused by Nissan of under-reporting his salary and using company assets for personal...

November 22, 2018 No Responses

Obasanjo To Chair Zero Hunger Meeting

Nigeria’s former President, Chief Olusegun Obasanjo will on Thursday chair activities of the Nigeria Zero Hunger Forum’s meeting in Sokoto State. The two-day meeting in Sokoto, which commenced on Wednesday, will afford participating states in Nigeria the...

November 22, 2018 No Responses

Nigeria Allots N39.52b In November Bonds Auction

The Federal Government of Nigeria, on Wednesday, allotted N39.52 billion worth of bonds in its November auction, refusing to accept higher rates from subscribers. According to the Debt Management Office (DMO), three bonds in tenors of five, seven and 10...

November 22, 2018 No Responses

12 Finalists Selected In UBA Foundation National Essay Competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the twelve finalists for the 2018 edition of its annual National Essay Competition. The 12 finalists will sit for the second round of...

November 22, 2018 No Responses

Buhari:12m Nigerians Venture Into Farming In Two Years

The agriculture sector has significantly reduce the rate of unemployment in the country as over 12 million Nigerians have ventured into rice production in the last two years. President Muhammadu Buhari disclosed this at the 4th Nigeria Rice Investment Forum,.....

November 21, 2018 No Responses

Evergreen Orders Four Feeder Vessels

Taiwan-listed container shipping major Evergreen Marine has placed an order for the construction of four feeder vessels at a Chinese yard. The containerships, which were ordered from Jiangnan Shipyard, will feature 2,500 TEU. Evergreen Marine is paying USD 31...

November 21, 2018 No Responses

At Book Launch, Jonathan Expresses Concern Over Vote Buying

November 21, 2018 No Responses

Renault Names Thierry Bolloré Interim Chief Executive

Renault has appointed a temporary deputy chief executive to take over the running of the French car firm following the arrest of Carlos Ghosn. Renault said its chief operating officer, Thierry Bolloré, would step up to the role because Mr...