City – Page 504 – City Business News

January 21, 2017 No Responses

BMW, Daimler to expand purchasing deal

(Auto News) BMW Group plans to expand its cooperation with Daimler in purchasing components, the automaker’s new head of purchasing, Markus Duesmann, said in an interview with the Frankfurter Allgemeine Zeitung. “It’s not been fully exploited; there are regular talks...

January 21, 2017 14 Responses

NPA Photo News

L-R: Managing Director, Nigerian Ports Authority, Hadiza Bala Usman; Minister of Transportation, Rotimi Chibuike Amaechi; Chaiman Fish Owner Forum, Mrs. Margret Orakusi; Managing Director, Atlantic Shrimpers Limited, Kamlesh Kabra during the Minister’s f...

January 21, 2017 No Responses

Maritime stakeholders seal NJIC agreement

To facilitate maritime trade and investment, the Nigerian Maritime Administration and Safety Agency (NIMASA) has assured stakeholders in the industry of its commitment in ensuring that a friendly working environment is created in and around the port environmen...

January 21, 2017 No Responses

Trump vows to ‘put America first’

(BBC) President Donald Trump has painted a bleak picture of a broken country after being sworn in as US president. He spoke of abandoned factories, rampant crime and a failed education system, pledging that his presidency would bring about change....

January 20, 2017 No Responses

SEC, EFCC seal partnership on efficient investigation, training

To ensure an effective policing of the capital market, the Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have signed a Memorandum of Understanding (MoU). A statement issued by SEC explained that the ceremony t...

January 20, 2017 No Responses

Edo inaugurates committee on Gelegele Seaport

EDO State Governor, Mr. Godwin Obaseki has inaugurated the technical committee on the development of Gelegele Seaport. The committee which has Mr. Greg Ero as chairman is expected to come up with a master plan for the development of the...

January 20, 2017 No Responses

‘Amendments to MLC 2006 ensures adequate protection for seafarers, families’

The first amendments to the Maritime Labour Convention, 2006 (MLC, 2006) which ensure better protection to seafarers and their families in case of abandonment, death and long-term disability entered into force on 18 January 2017. The amendments were approved...

January 20, 2017 No Responses

Obaseki inaugurates Agric committee, targets 80,000 jobs

Governor Godwin Obaseki of Edo on Thursday inaugurated an ad hoc committee under the Agriculture Empowerment Initiative to revamp agriculture in the state. Obaseki, while inaugurating the committee at the Government House in Benin, said that the ad hoc committ...

January 19, 2017 No Responses

Dangote at WEF, canvasses genuine efforts at tackling power deficit in Africa

Foremost industrialist and President of Dangote Group, Aliko Dangote has told the audience at the World Economic Forum (WEF)in Davos, Switzerland that a joint effort between government and private sector to tackle the power deficit remained a key element in...

January 19, 2017 No Responses

Access Bank appoints Jobome as Executive Director, Risk Management Division

Access Bank has announced the appointment of Dr. Gregory Ovie Jobome, as Executive Director, Risk Management Division. A statement issued by Access Bank Head, Media Relations, Abdul Imoyo explained that Dr. Jobome is a “thorough bred banking professional w...

January 19, 2017 No Responses

IDP Camp: FG delegation arrives in Maiduguri

A high-level federal government delegation has arrived in Maiduguri in connection with Tuesday’s deadly accidental bombing of an IDP camp in Rann by a Nigerian Air Force fighter jet. The delegation includes Chief of Staff to the President Abba Kyari,.....

January 19, 2017 No Responses

Obaseki restates commitment to rule of law

To encourage investments and promote security in Edo state, Governor Godwin Obaseki has reiterated his administration’s commitment to the rule of law. The governor made this position known when he received the executive members of Judiciary Staff Union of Ni...

January 18, 2017 No Responses

Ship wreck removal comes under scrutiny

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to revisit procedure of wreck removal from Nigerian waters Speaking at a forum of the News Agency of Nigeria (NAN) in Abuja, Director General of the agency, Dakuku Peterside explained that...

January 18, 2017 No Responses

United Capital , Societe Generale, others upport African SMEs with €77m

United Capital Plc has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with investible funds of 77 million euro. The aim of the fund is to accelerate the growth of innovative and entrepreneurial...