Tag: City

Heritage Bank MD Implores Commercial Banks On SMEs Growth, Vibrant Economy
September 12, 2018 No Responses

Heritage Bank MD Implores Commercial Banks On SMEs Growth, Vibrant Economy

The MD/CEO of Heritage Bank Plc, Mr. Ifie Sekibo on Tuesday  tasked commercial banks to intervene in building a formidable economy driven on the wheel of Small and Medium Scale Enterprises (SMEs) because there is lots of value and opportunities...
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Doraleh Terminal: Djibouti Nationalises PDSA Shares
September 12, 2018 No Responses

Doraleh Terminal: Djibouti Nationalises PDSA Shares

The Republic of Djibouti has decided to nationalize, with immediate effect, all the shares and corporate rights held by Port de Djibouti SA (PDSA) in the Doraleh Container Terminal (DCT) company. As explained, the move was made to protect the...
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Photo News
September 12, 2018 No Responses

Photo News

Past President, The Chartered Institute of Bankers of Nigeria, Dr Segun Aina, Past President, CIBN Mr Okechukwu Unegbe, Former Minister of Economic Development  Alh Umaru Mutallab and Acting Director General, Securities and Exchange Commission, Ms Mary Uduk d...
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Mercedes-Benz Exceeds 1.5m Sales Units In Eight Months
September 11, 2018 No Responses

Mercedes-Benz Exceeds 1.5m Sales Units In Eight Months

Mercedes-Benz delivered 1,512,268 vehicles to customers worldwide in the first eight months of this year, thus setting a new record (+1.1%).   Never before in the company’s history were sales of 1.5 million vehicles achieved earlier in the year. Mercedes-Be...
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Investors Drag Volkswagen To Court Over €9B Diesel Damages
September 11, 2018 No Responses

Investors Drag Volkswagen To Court Over €9B Diesel Damages

Volkswagen has gone on trial in Germany in what is the first court case against the carmaker over the diesel scandal.   Investors are pursuing VW for about €9.2bn (£8.2bn) in damages, claiming the company should have come clean sooner...
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MTN Takes Nigeria To Court Over Alleged Illegal $10.1b FOREX Transactions, Taxes
September 11, 2018 No Responses

MTN Takes Nigeria To Court Over Alleged Illegal $10.1b FOREX Transactions, Taxes

MTN has urged the Federal High Court to restrain the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation (AGF) from enforcing their orders that the telecommunication firm should refund $8.1 billion and $2 billon to the Federal...
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NPA: Due Process Was Followed In Escravos Contract
September 11, 2018 No Responses

NPA: Due Process Was Followed In Escravos Contract

All processes enumerated in the Procurement Act, 2004 were followed in the contract of the dredging of  Escravos Bar in Warri, the Nigerian Ports Authority (NPA) has said.      In a statement issued by Isah Suwaid onbehalf  of NPA,...
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Qatar Airways To Commence Direct Flight To Mombasa
September 11, 2018 No Responses

Qatar Airways To Commence Direct Flight To Mombasa

Qatar Airways said it is launching a second direct flight to Kenya’s second city, Mombasa, in an attempt to open up the country’s beautiful coasts to international holiday-makers. The airline in a statement said that the flight to Mombasa would...
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NIMASA Boss In Hamburg, Urges Europe To Embrace China Model In Africa
September 10, 2018 No Responses

NIMASA Boss In Hamburg, Urges Europe To Embrace China Model In Africa

The Director General, Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr. Dakuku Peterside has charged foreign investors to tap in to the opportunities that abound in the African maritime sector.   Dakuku who spoke at the Nigerian Business Summi...
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Nigeria Prize for Literature: Board Shortlists Cole, Abdullahi, Nasiru
September 10, 2018 No Responses

Nigeria Prize for Literature: Board Shortlists Cole, Abdullahi, Nasiru

The Advisory Board for The Nigeria Prize for Literature has approved a final shortlist of three books out of the list of 11 released in July 2018. The books are Embers by Soji Cole, Death and The King’s Grey Hair...
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Photo News
September 10, 2018 No Responses

Photo News

Left to Right: Assistant Director Legal Department Securities and Exchange Commission (SEC) Mr. Samuel Eleojo, Director Compliance and Audit, Economic and Financial Crimes Commission (EFCC) Mr. Hanafi Baba-Ahmed, Acting Director General SEC, Ms. Mary Uduk and ...
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First Ocean Cleanup System Debuts
September 10, 2018 No Responses

First Ocean Cleanup System Debuts

The Dutch non-profit organization, The Ocean Cleanup, launched the world’s first ocean cleanup system from the San Francisco Bay on September 8.  The cleanup system, named System 001, is heading to a location 240 nautical miles offshore for a two-week...
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BMW Gets Voice-Activated Digital Assistant
September 9, 2018 No Responses

BMW Gets Voice-Activated Digital Assistant

Beginning in March 2019, select new BMWs will have a digital co-pilot onboard. The German luxury brand announced Thursday the BMW Intelligent Personal Assistant will help drivers and passengers with a host of functions in the car.   The Intelligent...
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Capes To Install Scrubbers
September 9, 2018 No Responses

Capes To Install Scrubbers

The exhaust gas cleaning system or the scrubber has been the buzzword for the industry ahead of the approaching 2020 sulphur cap. Industry opinions vary on whether to proceed with the installation of scrubbers or pursue other options like marine...
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