City – Page 509 – City Business News

February 8, 2017 No Responses

WFE unveils white paper on CCP recovery, resolution

The World Federation of Exchanges on Tuesday published a white paper entitled ‘The interplay between Central Counterparty (CCP) recovery and resolution: a global perspective’, setting out the views of the exchange and CCP community from a global practitioner perspective. Specifically,...

February 8, 2017 No Responses

Meridiana introduces late evening flights for Nigeria, Ghana

Meridiana Fly, Italy’s fastest growing airline has reaffirmed its commitment to the Nigerian and Ghanaian markets by confirming both routes in summer schedule for 2017. Supported by Ghana’s firm -Dre Aviation and Dana Air, Meridiana Fly entered into the ...

February 8, 2017 No Responses

ACG Abueh task officers on vigilance, dedication

The Zonal Coordinator Zone “A” of the Nigeria Customs Service, NCS, Assistant Comptroller General of Customs, ACG Abueh Monday (mni) has charged officers and men of the Service to be extra vigilant and dedicated to their duties. Addressing officers during....

February 8, 2017 No Responses

Nigeria Railway boss explains increase in Abuja-Kaduna fare

The Managing Director, Nigerian Railway Corporation (NRC), Fidet Okhiria, has explained that the increase in fare of Abuja-Kaduna rail line was to meet up with the part cost of the rail operations. Mr. Okhiria told the News Agency of Nigeria...

February 8, 2017 No Responses

GMS: Uncertainty looms over Pakistani Shipbreaking yards

(WMN) The decision to halt shipbreaking activities at Gadani yards in Pakistan has left many fearing for the fate of new arrivals and clearance permissions on existing deals, according to GMS, a cash buyer of ships for recycling. Namely, the uncertainty...

February 8, 2017 No Responses

Photo News

Ag. President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo (Right), Governor Godwin Obaseki (Middle) and Mrs. Betsy Obaseki wife of the Edo State Governor (Left) exchanging pleasantries with the guest

February 7, 2017 No Responses

‘My conversation with Buhari was focused on economy, Budget’

Acting President Yemi Osinbajo, SAN, has assured the nation that President Muhammadu Buhari is hale and hearty and would return home as soon as he completes the necessary tests recommended by his doctors in the United Kingdom. Prof. Osinbajo gave...

February 7, 2017 No Responses

With four Pilots onboard, world’s longest flight lands in New Zealand

The world’s longest commercial flight landed in New Zealand Monday with the arrival of Qatar Airways’s 14,535 kilometres (9,032 miles) Doha-Auckland service, the airline announced. “We’ve officially landed in Auckland,” the airlin...

February 7, 2017 No Responses

Peterside pledges to sustain reforms at NIMASA

By Moses Ebosele The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has restated that the present Management is on course in its bid to reform, reposition, restructure and reorganise the Agency. D...

February 7, 2017 No Responses

Edo Assembly passes N153.2b budget for 2017

The Edo House of Assembly on Monday passed the state’s 2017 budget proposal of N153.18bn. Governor Godwin Obaseki of Edo had on December 19, 2016 presented a budget proposal of N150bn to the Assembly for consideration and passage. The budget...

February 6, 2017 No Responses

661 Rifles: NPA boss seeks ‘broad, thorough investigation’

The Managing Director of Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman has enjoined whistle blowers to avail themselves of plarforms “already put in place to ensure timely presentation of information and intelligence”. In a statement at the weekend,...

February 6, 2017 No Responses

NCAA sanctions FirstNation

The Nigerian Civil Aviation Authority (NCAA) has handed a N32 million fine to FirstNation Airways for violating the provisions of the Nigerian Civil Aviation Regulations (NCARs). The NCAA also fined one of the airline’s Pilots-In-Command (PIC) N1.5 million f...

February 6, 2017 No Responses

Buhari extends vacation

President Muhammadu Buhari has written to the National Assembly, making public his desire to extend his leave in order to complete and receive the results of a series of tests recommended by his doctors. The President had planned to return to Abuja...

February 6, 2017 No Responses

Emission: Volkswagen faces new legal action

Volkswagen faces its first legal action in Germany from a big corporate client over the diesel emissions scandal. Deutsche See, which leases 500 vehicles from VW, said it had been unable to reach an out-of-court settlement, Reuters news agency reported....