City – Page 507 – City Business News

January 13, 2017 No Responses

U.S visa-free residency for Cubans ends

(BBC) President Barack Obama has ended the longstanding policy that grants residency to Cubans who arrive in the US without visas. The 20-year-old policy allows Cuban migrants who reach US soil to become legal permanent residents after a year. In...

January 13, 2017 No Responses

NSE Photo News

R: Pai Gamde, Acting Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Tinuade Awe, General Counsel & Head, Regulation, NSE; Oscar N. Onyema, OON, Chief Executive Officer, NSE; and Adeolu Bajomo, Executive Director, Market Operations &a...

January 12, 2017 No Responses

NNPC Refineries resume production of Kerosene, Diesel

The Nigerian National Petroleum Corporation’s three refineries in Kaduna, Port Harcourt and Warri have resumed production of Automotive Gas Oil (AGO) and Dual Purpose Kerosene (DPK), otherwise known as diesel and kerosene respectively. NNPC in a statement is...

January 12, 2017 No Responses

90% of vehicles imported to neighbouring countries are on transit to Nigeria, says Customs boss

The Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) has directed operatives of the Headquarters Compliance Team and Federal Operations Units (FOUs) to compliment the resident officers of land borders to effectively beef up security and enforce th...

January 12, 2017 No Responses

NLNG refutes LPG price increase, blames jetty unavailability, market price distortions

The Nigeria LNG on Wednesday disclosed that its dedicated LPG vessel has been unable to discharge LPG at the Apapa port since 29th December 2016 “due to jetty unavailability, resulting in temporary product shortages in the market”. However, the company.....

January 12, 2017 No Responses

Community hails Airtel Nigeria for Support against HIV/AIDS

Residents of the Ilaje community in Costain area of Lagos state have hailed leading telecommunication services provider, Airtel Nigeria for its efforts in the control and prevention of HIV/AIDS in the area. This commendation was made by the residents in...

January 12, 2017 No Responses

LCCI Photo News

Minister of Transportation, Rt. Hon. Rotimi Chibuike Amaechi, receiving a report on Nigeria’s Maritime Reform from the President of The Lagos Chamber of Commerce and Industry, during a Courtesy Visit to the Federal Ministry of Transportation in Abuja o...

January 12, 2017 No Responses

SEEFOR road projects excites Edo residents

The rehabilitation and construction of over 20 roads in Benin City metropolis and environs by the Edo State Employment and Expenditure for Result (SEEFOR) has caused excitement among residents where the roads are located. Roads rehabilitated by the state gover...

January 12, 2017 No Responses

Emission: VW pleads guilty, to pay $4.3 Billion

By Tom Schoenberg, Christoph Rauwald and David McLaughlinBloomberg Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal...

January 12, 2017 No Responses

Nigeria unveils plan to end hunger by 2030

The Federal Government has launched strategic plan and roadmap to achieve zero hunger by 2030. The plan tagged: “Synthesis Report of the Nigeria Zero Hunger Strategic Review” articulates what Nigeria needs to do to achieve Sustainable Development G...

January 12, 2017 No Responses

TinCan Island Port generates N256.4b in 2016

Between January and December 2016, the Tincan island command of Nigeria customs service (NCS) generated n256.4 billion, compared with N266.1 billion in the previous year. The command attribute the slight drop to some factors beyond its control. In a statement...

January 11, 2017 2 Responses

PwC: Emerging markets still deprived of fit-for-purpose financial systems

A new report from the stable of PwC has challenged Policymakers, regulators and financial services organisations to be more active as part of measures to shape a financial system “that is fit for purpose”. The report explained that lack of...

January 11, 2017 No Responses

Step up your engagement, Osinbajo tells anti-corruption agencies

Anti-Corruption agencies in the country have been urged to step up their engagement with the Nigerian public especially because “there are still those who think when a politician who is their kinfolk steals, it is permissible”. Vice President Yemi Osinbajo...

January 11, 2017 No Responses

FG explains $300m diaspora bond

The Minister of Finance, Mrs Kemi Adeosun, on Tueadsy explained that the $300 million Diaspora bond would be rolled out in March this year. Speaking on Tuesday when the Senior Special Assistant on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, ...