City Archives — Page 514 of 524

August 9, 2016 No Responses

Shareholders, NUATE seek support for NAHCO’S Board, Management

By Moses Ebosele – Citing sustained growth and development, shareholders of Nigerian Aviation Handling Company Plc (NAHCO)have urged all stakeholders to support the board and management of the company. According to the shareholders, the company in less than ten years...

August 9, 2016 No Responses

Nigeria to raise $1B Eurobond

The Federal Government has concluded plan to raise $1 Billion from International Capital Market in 2016. According to the Debt Management Office, the $1billion sale is the first tranche of a $4.5 billion Nigeria Global Medium-Term Notes Issuance Programme.....

August 9, 2016 No Responses

Customs generates N130.7B at Tin Can Island in seven months

By Moses Ebosele – The Tincan Island command of Nigeria Customs Service (NCS) generated N130. 7 Billion within a period of seven months. Controller of the command, Comptroller Y. U. Bashar, who made the disclosure during an interactive...

August 9, 2016 No Responses

AfDB approves $9m equity investment for SME’s in Nigeria

(NAN) The African Development Bank has approved a nine million dollar equity investment in the Fund for Agricultural Finance in Nigeria (FAFIN) to provide expansion capital to agricultural small and medium-sized enterprises (SMEs). This was contained in a pres...

August 9, 2016 No Responses

NIMASA reiterates commitment to partner stakeholders

By Moses Ebosele – The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has reiterated the resolve of the Agency to partner all stakeholders in the maritime sector. Receiving a delegation of Wome...

August 8, 2016 No Responses

Palliative work begins on Ijora-Apapa Bridge today

Palliative work will commence today on the collapsing Ijora-Apapa Bridge. Already, the Federal Government has shut the Bridge to traffic while appealing to members of the public to show understanding. Speaking in Lagos, the Minister for Power, Works and Hous...

August 8, 2016 No Responses

IOSCO unveils cyber guidelines for financial markets

The Committee on Payments and Market Infrastructures (CPMI) and the Board of the International Organization of Securities Commissions (IOSCO) have released the final report Guidance on cyber resilience for financial market infrastructures According to IOSC...

August 8, 2016 No Responses

‘One in three employees have experienced mental health issues’

A new report put together by Chartered Institute of Personnel Development (CIPD) has revealed that employers are taking a reactive approach to employees’ mental health issues, when preventative steps make better business sense According to the research, the ...

August 8, 2016 No Responses

Nigeria defeat Sweden, qualify for quarterfinals

It was jubilation early this morning as Nigeria U-23 football team qualified for the quarterfinals of the Olympic Games football event after a 1-0 victory over Sweden. The team took advantage of its resilience and team work to suppres its...

August 7, 2016 No Responses

‘River Niger may overflow’

The bank of River Niger will overflow any moment from now, the National Emergency Management Agency (NEMA) has a warned. Director General of the Agency, Muhammad Sani Sidi, who raised the alarm also advised settlements and communities along the River...

August 7, 2016 No Responses

NSC task stakeholders on seaports automation

By Moses Ebosele – To enhance efficiency at the nation’s seaport, the Executive Secretary of Nigerian Shippers’ Council (NSC), Hassan Bello has challenged stakeholders to support full automation agenda. Speaking during a courtesy visit to the La...

August 6, 2016 No Responses

Jaguar Land Rover recalls 54,000 vehicles

Jaguar Land Rover is recalling 54,000 vehicles in the United States of America (USA) in the latest round of Takata airbag recalls. The recall breaks down to 20,000 Jaguar XF sedans and 34,000 Range Rovers for frontal passenger airbag inflators...

August 6, 2016 No Responses

Kia USA, Nigeria explain July sales growth

By Moses Ebosele – For the month of July 2016, Kia Motors has described performance in the United States of America (USA) and Nigeria as successful. Though sales figures in Nigeria were not available as at press time, the...

August 6, 2016 No Responses

Hyundai Tuckson receives J.D Power 2016 award

J.D. Power has designated the 2016 Hyundai Tucson as its most appealing small Sports Utility Vehicle (SUV) in the 2016 Automotive Performance, Execution and Layout (APEAL) StudySM. A statement issued by the compant explained that in its 21st year, the...