City – Page 473 – City Business News

May 1, 2017 No Responses

Reps to pass new minimum wage bill as ULC faults exclusive list report

The Speaker of the House of Representatives, Yakubu Dogara has reinterated the commitment of House to pass a new minimum wage bill. In a message to mark the 2017 Workers’ Day, Dogara explained that increasing workers’ salary and wages...

May 1, 2017 No Responses

Edo Govt lauds workers

As the country celebrates the International Workers Day, workers in Edo State have received the greetings of Governor Godwin Obaseki, who felicitated and appreciated their efforts towards making the state work. A statement from the Office of the Chief...

May 1, 2017 No Responses

Total teams up with Pavilion Energy on LNG bunkering

Total Marine Fuels Global Solutions and Pavilion Gas signed a Memorandum of Understanding (MOU) on LNG bunkering cooperation in Singapore, on the sidelines of GASTECH 2017 in Tokyo, Japan. Under the MOU, Pavilion Gas, a wholly-owned subsidiary of Pavilion Ene...

April 30, 2017 No Responses

North Korea crisis: Pope urges international mediation

(BBC) Pope Francis has called for international mediation to ease rising tensions between the US and North Korea over Pyongyang’s nuclear activity. The pontiff suggested that Norway, for example, was “always ready to help”. He warned the cris...

April 30, 2017 No Responses

Aisha Buhari empowers 1000 women in Kano

The first batch of beneficiaries of the Women Empowerment Programme organized by Aisha Buhari Foundation in Kano concluded their training on Friday. A statement issued by Director of Information to the Wife of the President, Suleiman Haruna, explained tha...

April 29, 2017 No Responses

Kia plans $1.1 billion plant in India

Kia Motors has signed a memorandum of understanding (MOU) with the State Government of Andhra Pradesh, India to build a new manufacturing facility in Anantapur District. The MOU ceremony was held in the city of Vijayawada, a part of Andhra...

April 29, 2017 No Responses

Road accidents claim 1,466 Nigerians in three months

Not less than 1,466 Nigerians died as a result of road accidents between January and March, this year. According to the National Bureau of Statistics (NBS), 1,363 of the 1,466 Nigerians that got killed in the period were adults. NBS...

April 29, 2017 No Responses

UBA posts N22.4b profit in first quarter

For the first quarter ended March 2017, United Bank for Africa Group (UBA) recorded Profit After Tax of N22.4billion, indicating 32 percent year-on-year growth compared to N17.0 billion achieved in the corresponding period of 2016. The group also sustained...

April 28, 2017 No Responses

Ecobank merges 74 branches, explores digital strategy

Ecobank Nigeria Limited has reaffirmed its digital transformation agenda enabling its customers depend more on its digital platforms to do their daily banking activities, thereby reducing the need to go to branches. By this development the bank will have enhan...

April 28, 2017 No Responses

NSE, London Stock Exchange renew capital market agreement

The Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) on Thursday in Lagos announced the renewal of their strategic capital markets partnership agreement at the Nigerian Stock Exchange (NSE). Under the arrangement, the renewal extends t...

April 28, 2017 No Responses

Access Bank declares N26b profit, total assets of ₦3.54tri in first quarter

Access Bank Plc on Thursday reported unaudited financial results for the first quarter (Q1) ended March 31, 2017, indicating an increase of 38% in Profit before Tax, “which rose to N31.2 billion when compared to ₦22.6 billion in Q1 2016....

April 28, 2017 No Responses

NPA reiterates determination to lift infrastructural development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the organization’s determination to lift the NPA in terms of infrastructural development and rehabilitation. Usman explained that issues concerning the Safety and Se...

April 28, 2017 No Responses

AAMA: Ship owners seek support for NIMASA DG

April 28, 2017 No Responses

Maersk teams up with Microsoft on digitalization

Global transport and logistics powerhouse Maersk announced on Wednesday that it has joined forces with Microsoft Corp. on digitalization in a move targeting to “revolutionize supply-chain management and global trade.” Under the terms of the agreement, Mi...