Federal – Page 116 – City Business News

June 13, 2017 No Responses

Export of certified yams from Nigeria to U.S, U.K, begins June 29

Barring any last minute adjustment, Nigeria will formally export its first consignment of certified yams to the United Kingdom and United States of America on the 29th of June, 2017. According to the Minister of Agriculture and Rural Development,...

June 13, 2017 No Responses

FRSC begins Psychiatric test for traffic offenders July 1

Come July 1, 2017, the Federal Road Safety Corps (FRSC) will resume enforcement of psychiatric tests on traffic law offenders nationwide. According to Bisi Kazeem, FRSC ‘s Corps Public Education Officer, in a press statement in Abuja on Monday, Cor...

June 12, 2017 No Responses

NSE Photo News

L – R: Gilles Kolifrath, Partner, Kramer Levin Naftalis & Frankel, ISDA Member; Irene Robinson-Ayanwale, Head, Legal Department, The Nigerian Stock Exchange (NSE); Abimbola Ogunbanjo, 1st Vice President, NSE; Marilyn Ramplin, Founder, Novia One Group, ...

June 10, 2017 No Responses

Minister to Traditional Rulers: Support FG in promoting peace

The Minister of Information and Culture, Alhaji Lai Mohammed, has appealed to traditional rulers to support the government in promoting peace and unity across the country, amid rising cases of incendiary statements and hate speeches capable of tearing the na...

June 9, 2017 No Responses

Senate scraps FERMA

The Senate has passed a bill scrapping the Federal Road Maintenance Agency (FERMA) and replacing it with Federal Roads Authority. The bill, sponsored by Kabiru Gaya (Kano-APC), was read the third time at plenary before it was passed through a...

June 8, 2017 No Responses

China Harbour stakes $86.8m for NPA’s equity in Lekki Deep Seaport

The proposed agenda to concession Lekki Deep Seaport has assumed a new dimension as China Harbour Engineering Company (CHEC) indicates interest to stake $86,810,000.00 for the balance of Nigerian Ports Authority (NPA) equity. The development is coming les...

June 6, 2017 No Responses

SEC to revoke registration of 400 professionals

The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017. According to...

June 2, 2017 No Responses

Seplat gas business exceeds $100m revenue in 2016

By Moses Ebosele (ebosele@hotmail.com) – The gas business of Seplat Petroluem Development Company Plc exceeded $100 million revenue milestone projection for the year 2016 despite various challenges in the sector. Briefing shareholders durin...

June 2, 2017 No Responses

NPA reiterates collaboration with Chamber of Shipping

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the agency’s resolve to collaboare with the Nigerian Chamber of Shipping and all stakeholders in the Ports Industry. Speaking, when she hosted members of the Chambe...

June 2, 2017 No Responses

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (Middle); British Deputy High Commissioner, Laure Beautis (left) and Alessandra Lustrati of the Department for Foreign International Development (DFID) and Private Sector Adviser, both ...

June 1, 2017 No Responses

Senate Scraps Customs Board

The Senate chamber of Nigeria’s National Assembly on Wednesday scrapped the Governing Board of the Nigerian Customs Service (NCS), replacing it with the establishment of the Nigerian Customs Commission. The development follows a clause by clause considera...

June 1, 2017 No Responses

Heirs Holdings appoints Emmanuel Nnorom as Group Chief Executive

The Board of Heirs Holdings on Wednesday announced the appointment of Emmanuel Nnorom as Group Chief Executive Officer. Mr Nnorom previously served as chief executive of Heirs Holdings’ affiliate Transnational Corporation of Nigeria Plc and will join the ...

June 1, 2017 No Responses

Lagos secures FG’s approval to reconstruct Airport Road

Acting President, Professor Yemi Osinbajo has granted permission to the Lagos State Government to embark upon a total reconstruction of the International Airport Road from Oshodi. In a Statement signed on Wednesday by the Secretary to the State Government, M...

June 1, 2017 No Responses

Ooni implores NPA, stakeholders on trade facilitation, packaging, AGOA

The Ooni of Ife, His Imperial Majesty, Enitan Adeyeye Ogunwusi Ojaja II, has challenged stakeholders to uphold and take advantage of the African Growth Opportunity Act (AGOA). Specifically, the Ooni, who spoke in Lagos at a forum comprising of representati...