City Archives — Page 364 of 520

October 13, 2017 No Responses

South Korea gets order for 26 new vessels in September

Following the last year’s turmoil in the sector, shipyards from South Korea won the majority of orders worldwide in September 2017 and their order backlog increased for the first time in almost a 2-year period. Specifically, the country’s shipyards bagged...

October 13, 2017 No Responses

NSE Photo News

The Director General, Securities and Exchange Commission (SEC), Mr Mounir Gwarzo, (Left) and Mr. Abimbola Ogunbanjo, President, The Nigerian Stock Exchange (NSE), during a courtesy visit to the DG, SEC in Abuja.

October 12, 2017 No Responses

Committee submits technical report on gelegele seaport

The Edo State Governor, Godwin Obaseki, has received the technical report on the proposed Gelegele Seaport, which is envisioned to serve as a key artery for the state’s economic diversification efforts. The governor received the report at the Government Hou...

October 12, 2017 No Responses

Intels to sack more workers

Feelers emanating from Integrated Logistics Services (Intels) on Wednesday indicated that the company is to reduce further its workforce “due to ongoing challenges and hostile business environment”. A source at the headquarters of the seaport conce...

October 12, 2017 No Responses

Audi delivers 1,380,800 vehicles in nine months

AUDI AG ended the third quarter with an increase of 2.6 percent in September sales compared to 2016. In the past month, the company sold 178,350 units. The picture was mixed among the top markets: While sales grew in the...

October 12, 2017 No Responses

Coscharis Photo News

L-R: Mr. Felix Mahan, Brand Manager Ford, Coscharis Motors Plc; Mr Mide Kunle-Akinlaja, Executive Producer, The Next Titan; Mr. Abiona Babarinde, General Manager Marketing & Corporate Communications, Coscharis Group; at the premiere event of The Next Tita...

October 12, 2017 No Responses

Kia appoints Oleg new head of design in China

Kia Motors has appointed prominent car designer Oleg Son, 56, as Head of Kia Design China – leading the brand’s design activities in China and strengthening its design capability in the rapidly expanding Chinese market. Son will be based in...

October 12, 2017 No Responses

Union Bank Photo News

L – R: Joe Mbulu, Transformation Director, Union Bank of Nigeria Plc; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Emeka Emuwa, Group Managing Director/CEO, Union Bank of Nigeria Plc and Somuyiwa Sonubi...

October 11, 2017 No Responses

Chevron to deliver LNG to customers in Asia

Chevron has started producing liquefied natural gas (LNG) at the Wheatstone project in Western Australia. According to Offshore Magazine, the first cargo is on track to be shipped in the coming weeks. At full capacity, the Wheatstone project’s t...

October 11, 2017 No Responses

Baru reiterates commitment to consolidate NNPC, trading company to efficiency, profitability

The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru has reaffirmed his commitment to consolidate the NNPC group, especially its trading arm for efficiency and profitability. Since assuming duty, Dr. Baru...

October 11, 2017 No Responses

FG names Sumaila sole administrator for Ajaokuta Steel Complex

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has announced the appointment of Engr. Abdul-Akaba Sumaila, as the Acting Sole Administrator of the Ajaokuta Steel Complex. Sumaila replaces Mr Joseph Isah, who retired from the civil service....

October 11, 2017 No Responses

NPA boss implores PMAWCA on capacity development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has implored women professionals in the Maritime sub-sector to invest more in capacity development. Hadiza Bala Usman gave this charge in a key note address at the opening...

October 11, 2017 No Responses

Kia records 252,254 sales in September

Kia Motors Corporation announced its September 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 252,254 units sold. According to the suto firm, in September, domestic market sales totaled...

October 11, 2017 No Responses

ILO: Sluggish SME development hurts jobs, economy

Investing in workers and innovation, and boosting trade and social dialogue are key to stemming rising global unemployment, the latest edition of the ILO’s flagship report shows. With more than 201 million workers unemployed in 2017 – an increase...