Information Archives — City Business News

April 20, 2020 No Responses

Maritime Security: NAVY, NIMASA To Improve Information Sharing

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Navy are set for a regime of improved information sharing as arrangements to integrate the Command, Control, Computer Communication and Information Centre, otherwise known as the C4i Centre of...

November 15, 2019 No Responses

IOC President Tasks Nigeria On Grassroots Development, Infrastructure

President of the International Olympic Committee (IOC), Dr Thomas Bach, has urged the Federal Government (FG) of Nigeria to strengthen grassroots sports development and infrastructure in order to produce more Olympic champions. Bach gave the advice on Thursday...

November 5, 2019 No Responses

New Report Puts Global Internet Users At 4.1 Billion

New International Telecommunication Union (ITU) data has revealed that Internet use continues to grow globally, with 4.1 billion people now using the Internet, or 53.6% of the global population.However, an estimated 3.6 billion people remain offline, with the ...

October 18, 2019 No Responses

Thirty Blind Students Benefit From SIFAX ICT Training

Thirty blind students have benefitted from a digital/ICT skill training programme sponsored by SIFAX Group. The training was done in conjunction with the Initiative for National Growth Africa, a non-governmental organization that caters for the less privileged...

October 15, 2019 No Responses

Access Bank Hits N1b Digital Daily Lending

Access Bank’s expanded Digital Lending Portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value.Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu,...

October 10, 2019 No Responses

Lai Mohammed Inaugurates NBC Reform Implementation Committee.

The Minister of Information and Culture, Lai Mohammed, on Thursdayinaugurated the National Broadcasting Commission (NBC) Reform Implementation Committee.The members areA) Prof. Armstrong Idachaba, Director of Monitoring of the NBCB) Sir Godfrey Ohuabunwa, Acti...

December 7, 2018 No Responses

New Mercedes-Benz G-Class Arrives In Nigeria

Weststar Associates Limited, authorized general distributor of Mercedes-Benz has welcomed the new and iconic G-Class Sports Utility Vehicle (SUV) to Nigeria. The new G-Class is now one of the most in demand passenger cars of 2018 due to improved...

December 7, 2018 No Responses

SEC Nigeria Implore Investors On E-Dividend Registration

The Securities and Exchange Commission, SEC has enjoined more Nigerians to take advantage of the on-going e-dividend registration in a bid to reduce the unclaimed dividends profile as well as increase liquidity in the capital market and the economy. Acting.....

December 7, 2018 No Responses

Air Quality Violations: MSC Pays $630,625 Fine

Swiss container shipping company Mediterranean Shipping Company (MSC) paid USD 630,625 in penalties to the California Air Resources Board (CARB) for violating the Ocean-Going Vessel At-Berth Regulation. As informed, the violations were discovered during a rou...

December 6, 2018 No Responses

Grimaldi Gets New Car, Truck Carrier

Italian shipping company Grimaldi Group has taken delivery of its newest Pure Car and Truck Carrier (PCTC) Grande Torino from the Chinese shipyard of Yangfan, Zhoushan. According to the company, the unit is the first one from a series of seven sister...

December 6, 2018 No Responses

NNPC Implores Investors On 10b Barrels Deep-Water Resources

The Nigerian National Petroleum Corporation (NNPC) on Wednesday multi-billion dollar investment opportunities in the nation’s deep-offshore frontiers at the 10th World Energy Capital Assembly in London, United Kingdom. Delivering his address at the panel...

December 6, 2018 No Responses

Senate Approves N338b For States, Contractors

Delta and Taraba States are to share N102.3 billion of the N338 billion approved on Wednesday by the Senate for disbursement as settlement for inherited local debts and contractual obligations. The funds approved for the two states are reimbursement for...

December 6, 2018 No Responses

Maersk Explains 2050 Target For Zero CO2 Emission

A.P. Moller -Maersk aims at having carbon neutral vessels commercially viable by 2030 and calls for strong industry involvement Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2...

December 6, 2018 No Responses

NSE Photo News

L – R Nerina Visser, CFA, Chairperson of the ASISA ETF Standing Committee; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Deborah A. Fuhr, Managing Partner & Founder, ETFGI during the 2018 NSE Annual ETPs...