Tag: City

WFE unveils report on SME financing, equity markets
February 23, 2017 No Responses

WFE unveils report on SME financing, equity markets

The World Federation of Exchanges (WFE) on Wednesday  published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. As significant employers and potential contributors...
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Nissan: Carlos Ghosn to remain chairman, refocuses role
February 23, 2017 No Responses

Nissan: Carlos Ghosn to remain chairman, refocuses role

(BBC) Carlos Ghosn is relinquishing his role as chief executive of Nissan, but will remain chairman of the Japanese car maker. Hirohito Saikawa, already the company’s co-chief executive, will take over. The reshuffle will allow Mr Ghosn to focus on...
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NSE lists Forte Oil’s N9B Bond
February 22, 2017 No Responses

NSE lists Forte Oil’s N9B Bond

The Nigerian Stock Exchange (NSE) has listed N9billion bond for Forte Oil as part of the planned N50 billion bond issuance programme for the leading energy company.  Under the arrangement, proceeds of the N9 Billion Series 1, five year bond...
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FG adopts 60-day plan on ease of doing business at seaports, airports, others
February 22, 2017 No Responses

FG adopts 60-day plan on ease of doing business at seaports, airports, others

The Presidential Enabling Business Environment Council (PEBEC) chaired by Acting President, Yemi Osinbajo, has approved a 60-day national action plan to push through short term reforms at seaports, airports and other locations . The Acting President, who addre...
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China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs
February 22, 2017 No Responses

China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

(WMN) China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report freight tariffs to the ministry or were inconsistent with the reported ones. Companies have been punished with a total of RMB 2....
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Photo News
February 22, 2017 No Responses

Photo News

The Minister of Information and Culture, Alhaji Lai Mohammed (middle), flanked by the Chairman, Leadership/Folio Limited, Mr. Fidelis Anosike, and the Permanent Secretary, Federal Ministry of Information and Culture, Mrs. Ayotunde Adesugba, at the signing of M...
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WFE explains FSB’s access to financial market infrastructure
February 21, 2017 No Responses

WFE explains FSB’s access to financial market infrastructure

The World Federation of Exchanges (WFE) has responded to a consultation from the Financial Stability Board (FSB) related to the Continuity of Access to Financial Market Infrastructures (FMIs) for a Firm in Resolution. Whilst focused on situations where a firm....
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NPA boss canvasses quick passage of maritime bills
February 21, 2017 No Responses

NPA boss canvasses quick passage of maritime bills

AS part of measures to boost Port Development, the Managing Director, Nigerian Ports Uthority ( NPA) Ms Hadiza Bala Usman has appealed to the  National Aasembly to pass the  Ports and Harbours Bill, National Transport Commission Bill and other maritime...
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Unauthorised Employment: Labour faults alleged agenda to sack 3,500 workers
February 21, 2017 No Responses

Unauthorised Employment: Labour faults alleged agenda to sack 3,500 workers

Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has flayed alleged plan by the Federal Government to  sack 3,500 public servants “under the guise that their appointments were irregular and unauthorized”. In a pr...
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Amaechi to chair town hall on cargo handling charges
February 21, 2017 No Responses

Amaechi to chair town hall on cargo handling charges

Against the backdrop of a recent audit report revealing that private terminal operators in Nigerian ports lost about N58.9 billion to the rising foreign exchange scarcity, Consumer Price Index (CPI), among others, in eight years, a one-day town hall meeting...
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CBN announces new foreign exchange policy
February 21, 2017 No Responses

CBN announces new foreign exchange policy

The Central Bank of Nigeria (CBN) has unveiled a new foreign exchange policy with immediate effect. According to the CBN, in order to ease the difficulties encountered by Nigerians in obtaining funds for foreign exchange transactions, it would henceforth be...
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Maritime Photo News
February 21, 2017 No Responses

Maritime Photo News

L-R: The Managing Director, Nigerian Ports Authority (NPA),Hadiza Bala Usman; Deputy Chairman, House of  Representatives Committee on Ports, Habours and Waterways, Hon. Kabir Ajanah Muhammed; Chairman of the Committee, Hon. (Dr.) Patrick Asadu; Executive Secr...
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PwC survey predicts distruption of Nigeria’s financial service sector
February 20, 2017 No Responses

PwC survey predicts distruption of Nigeria’s financial service sector

Nigerian Retail banking and Payments sectors will be the most disrupted by a group of new companies building financial technology (FinTech) solutions, PwC’s Nigeria FinTech Survey 2017 report has predicted. According to PwC, the report is the result of insig...
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Massilia Motors Photo News
February 20, 2017 No Responses

Massilia Motors Photo News

L-R: Deputy Managing Director of Kewalram Chanrai Group, Mr. Victor Eburajolo; Managing Director of Massilia Motors Limited, Mr. Thomas Pelletier; and Deputy Managing Director of Massilia Motors Limited, Mr. Kunle Jaiyesimi at a Press Conference to announce th...
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