City Archives — Page 237 of 524

November 6, 2018 No Responses

NLNG Dividend: Nigerian Senate Probes Alleged NNPC’s Diversion

The Nigerian Senate will on Tuesday further probe claims by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on how and why the corporation allegedly diverted the dividends from the Nigerian Liquefied Natural Gas...

November 6, 2018 No Responses

Labour Suspend Strike

Members of the organised labour union on Monday evening called off the proposed nationwide industrial action initially scheduled to commence on Tuesday to press home workers’ demand for a new national minimum wage. The National Chairman of the Nigeria La...

November 6, 2018 No Responses

Naira Appreciates Against Dollar

The Naira on Monday gained 10 kobo to exchange at N363.64 to the dollar at the investors’ window, stronger than N363.74 posted on Friday. Market turnover at the investors’ window stood at 231.24 million dollars, higher than 226.35 million dollars...

November 6, 2018 No Responses

History Beckons As Georgia Oboh Makes LET Qualifying School finals

Few weeks after competing at the 2018 Youth Olympic Games in Argentina, teenage golf sensation – Georgia Oboh at the weekend Morocco moves closer to making history after qualifying for the finals of the Ladies European Tour (LET) Qualifying School....

November 5, 2018 No Responses

Seaport To Invest In Hydrogen As Fuel

Dutch-Belgian North Sea Port is looking to invest in hydrogen as fuel when opportunities arise, a representative of the port told World Maritime News at Offshore Energy Exhibition & Conference 2018 in Amsterdam. “We recently commissioned a pipeline from ...

November 5, 2018 No Responses

TSA Cost Gulps N16b In Two Years

The Nigeria Government has spent N16 billion on Treasury Single Account (TSA) transaction costs in two years, Accountant-General of the Federation (AGF) Ahmed Idris has said. He said the government would no longer bear the service charge on all payments...

November 5, 2018 No Responses

2019: Opinion Poll Reveals Eight Leading Presidential Candidates

A group of online opinion pollsters-Truly Independent Diaspora Electoral Officers (TIDEO), has sensationally revealed that eight presidential aspirants will come tops in the February 2019 poll. In its release dated November 1, the TIDEO came short of declaring...

November 5, 2018 No Responses

Aviation Workers To Withdraw Services

AVIATION workers will down tools from midnight on Monday in compliance with the call for an industrial action by Labour. The strike is to press the government for the N30,000 minimum wage request. The Federal Government has proposed N24,000 minimum wage,...

November 4, 2018 No Responses

NAHCO Records N7.25B Turnover, N601.3M Profit In Nine Months

Riding on the back of an excellent half – year performance, the Nigerian Aviation Handling Company plc (nahco aviance) has once again posted impressive Q3 results. In the figures released to the Nigerian Stock Exchange (NSE), the Company recorded N7.25...

November 4, 2018 No Responses

Covenant University Photo News

Left to Right: (Back) Pastor Kayode Martins, Chaplain, Covenant University; Prof. Philip Alege, Dean, College of Business and Social Sciences, Covenant University; Dr. Lanre Amodu, Acting Registrar, Covenant University; Prof. Aderemi Atayero, Vice Chancell...

November 4, 2018 No Responses

Photo News

The Minister of Information and Culture, Alhaji Lai Mohammed (middle); the Olomu of Omu-Aran, Oba Abdulraheem Oladele Adeoti (fourth from right) and other Council Chiefs when the Minister paid acourtesy visit to the Oba in his palace in Omu-Aran, Kwara State...

November 3, 2018 No Responses

Nigerian Senate Probes 100% Foreign Ownership Of Some Multinational Firms

The Committee on Local Content has concluded plans to investigate 100 per cent foreign ownership of some multinational companies registered in Nigeria. The Chairman of the committee, Senator Solomon Adeola, made this known in Port Harcourt, while briefing ne...

November 3, 2018 No Responses

CBN Injects $337.16m, 56.17m CNY Into Retail Secondary Market Intervention Sales

The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November. A statement issued in Abuja by Isaac...

November 2, 2018 No Responses

APM Terminals To Offer 18m Shares For Sale

APM Terminals Bahrain revealed its plans to raise around USD 32 million through its planned initial public offering (IPO). APM Terminals Bahrain will offer 18 million shares, equivalent to 20 per cent of its issued share capital, at BHD 0.66...