City – Page 494 – City Business News

March 30, 2017 No Responses

Council members approve NSE Demutualisation process

Members have approved the demutualisation programme of the Nigerian Stock Exchange (NSE) Exchange. This decision was reached today (Thursday, March 30, 2017) at the Extra-Ordinary General Meeting (EGM) of its members which held at the Stock Exchange House, Lagos. At...

March 30, 2017 No Responses

NSE lists series 1 FGN Savings Bond, Series 2 opens next week

The Nigerian Stock Exchange (NSE) on Wednesday listed the Series 1 of the Federal Government of Nigeria (FGN) Savings Bond, maturing March 2019. The Savings Bond, the first of its kind in Nigeria, was opened to the investing public...

March 30, 2017 No Responses

Development Bank of Nigeria gets CBN licence

The Central bank of Nigeria has approved the grant of a wholesale development finance institution licence with national authorization to the Development Bank of Nigeria (DBN) Plc, the Minister of Finance, Mrs. Kemi Adeosun has confirmed. The approval was conve...

March 30, 2017 No Responses

FG puts $500m notes at 7.5 per cent yield

The Federal Government on Thursday announced that it has priced its offering of US$500 million aggregate principal amount of notes at a yield of 7.5% under its US$1.5 billion (increased from US$1 billion) Global Medium Term Note Programme, which will...

March 30, 2017 No Responses

Nigeria to showcase maritime potential in Norway

As part of measures to attract foreign investors to tap into opportunities that abound in the Nigerian maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) would be showcasing the potentials of the Nigerian Maritime Sector at the ...

March 30, 2017 No Responses

Edo to unveil agric initiative

The Edo State Government has fixed Wednesday, 5th of April this year for the official opening ceremony of its agricultural empowerment initiative code-named ‘Edo State Agripreneurs Development Project’ in Sobe, Owan West Local Government Area. The st...

March 30, 2017 No Responses

Customs redeploys 337 Assistant Comptrollers, confirms Attah as substantive PRO

As part of ongoing repositioning of the Service, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) has approved the redeployment of 337 Assistant Comptrollers of Customs to various Commands across the country with immediate effect. A statement ...

March 29, 2017 No Responses

Buhari reiterates support for SMEs

To successfully tackle foreign exchange challenges and improve on the performance of Nigeria’s economy, President Muhammadu Buhari on Tuesday in Lagos reiterated his resolve to empower Small and Meduim Enterprises (SMEs). Speaking at the annual Tinubu Colloq...

March 29, 2017 No Responses

Wema Bank appoints new Non-Executive Director

Wema Bank Plc has announced the appointment of Mr Babatunde Oladele Kasali as a Non-Executive Director, following the approval of the Central Bank of Nigeria. According to the Bank, Mr. Kasali is a “consummate professional with expertise in Audit, Risk...

March 29, 2017 No Responses

Ford to invest $1.2b in new plants

(BBC)Ford has said it will spend $1.2bn (£1bn) as part of a planned upgrade of three Michigan plants. It said $850m will be spent on retooling its factory in Wayne where Ford plans to build Bronco and Ranger models. In...

March 29, 2017 No Responses

Laptop cabin ban ‘ineffective’, says IATA

The US and UK ban on laptops in cabin baggage on certain flights will not be effective as a security measure, industry body IATA has said. In a strongly-worded speech, IATA chief executive Alexandre de Juniac said the ban also...

March 29, 2017 No Responses

IMO completes project addressing marine bio-invasions

A project promoting the implementation of an international treaty stemming the transfer of potentially invasive species in ships’ ballast water has been concluded at a meeting of stakeholders from governments, the shipping industry and UN bodies, the Intern...

March 28, 2017 No Responses

Researchers to unveil techniques for controlling weeds in cassava

Researchers working under the International Institute of Tropical Agriculture led Cassava Weed Management Project (IITA-CWMP) will this week share findings and recommendations on how to tackle weeds in cassava farming systems. The sharing of research findings ...

March 28, 2017 No Responses

‘Re-construction of Abuja Airport Runway not extended beyond six weeks’

Reconstruction of Abuja Airport Runway has not been extended from six weeks to 18 weeks, the Minister of Information and Culture, Alhaji Lai Mohammed, has clarified. The Minister said at a session with the Aviation Round Table (ART) in Lagos...