City Archives — Page 454 of 489

October 14, 2016 No Responses

Ghana begins expansion of Tema Port

Construction works on the USD 1.5 billion Tema Port expansion have begun, Ghana Ports and Harbours Authority (GPHA) informed. Scheduled to be completed by the fourth quarter of 2019, the project will result in four deep-water berths, a new breakwater and...

October 13, 2016 No Responses

CBN faults report on Banks, caution against exceeding $50,000 annual limit on overseas withdrawal

No Nigerian Bank is in crisis, the Bankers Committee said on Wednesday after its 329thmeeting in Lagos. Briefing Journalists after the meeting, the Director, Banking Supervision of CBN, Tokunbo Martins described negative reports on the state of Nigerian Ba...

October 13, 2016 No Responses

Customs impounds 121 vehicles, 3,082 bags of Rice, others in FOU Zone C

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone C, Owerri has recorded a total of two hundred and thirty-one (231) seizures of contraband goods with an overall Duty Paid Value (DPV) of one billion, nine hundred and fifty-seven...

October 13, 2016 No Responses

UBA profit hits N62 Billion in nine months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (UBA), has announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-...

October 13, 2016 No Responses

Minister pledges full implementation of ISPS Code

The Federal Government has reiterated Nigeria’s commitment to maritime security through the full implementation of the International Ship and Port Facility Security (ISPS) code. This commitment was made by the Minister of Transportation, Rotimi Chibuike A...

October 13, 2016 No Responses

Emirates Photo News

L-R Nigerian Actress/MC of Occasion, Mrs Shaffy Bello; Emirates Sales Manager ,Sales & Commercial, Mr Eghe Ekhator; CEO Modela Courture, Mr Adebayo Adegbe; FADAN President, Mrs Funmi Ladipo; and FADAN Ambassador/CEO Tiannah Styling, Mrs Toyin Lawani, at ...

October 12, 2016 No Responses

‘Clean environment at Seaports, good health critical in operational efficiency’

The management of Nigerian Ports Authority (NPA) has reiterated its resolve to make the Nation’s Seaports a pride worthy of emulation in line with International Standards. According to NPA, the resolve is attainable through adherence to better sanitization...

October 12, 2016 No Responses

GE confirms interest in $2 billion Nigeria railway concession

(Reuters) General Electric (GE) (GE.N) confirmed its a “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion, the U.S. company said on Monday. Nigerian President Muhammadu Buhari said this month that GE would be ...

October 12, 2016 No Responses

Dangote Group decries ‘malicious use of brand name’

Dangote Group has raised the alarm over the activities of online fraudsters, who according to the Group are maliciously misrepresenting and misusing its brand image and that of its senior executives to defraud unsuspecting members of the public. The fraudste...

October 12, 2016 No Responses

FG to launch Digital Broadcasting in December

The Minister of Information and Culture, Alhaji Lai Mohammed, has assured of the Federal Government’s readiness to launch the DigitalSwitch Over (DSO) in broadcasting in the Federal Capital Territory (FCT), Abuja, by the end of 2016. The Minister gav...

October 12, 2016 No Responses

Ease of doing business and corruption at borders, ports

By Lanre Badmus – After months of mere sound bites and public statements, a Presidential Enabling Business Environment Council has been approved by President Muhammadu Buhari, to drive government’s promise to significantly reduce the cost of doing bu...

October 11, 2016 No Responses

‘Made-In- Nigeria products key to sustained economic growth’

To sustain economic growth, there is the urgent need for Nigeria to focus on Made-in-Nigeria goods and services. Declaring open the 22nd Nigerian Economic Summit in Abuja on Monday, President Muhammadu Buhari explained that diversification of the Nigerian e...

October 11, 2016 No Responses

NPA to introduce tenancy for agencies at Seaports

As part of measures to generate additional revenue, the Nigerian Ports Authority (NPA) is considering renting out all spaces hitherto occupied by Government and Private agencies at the nation’s seaports. NPA’s Executive Director incharge of Marine and...

October 11, 2016 No Responses

Stallion Nissan Donates car to Lagos State Security Trust Fund

Nissan in collaboration with Stallion Group has donated a brand new Nissan Almera car to the Lagos State Security Trust Fund. According to the company, the donation is in praise of the organisation’s efforts in mitigating violent crimes in...