Daewoo Shipbuilding Posts $629.7 million Income In 2017

Daewoo Shipbuilding Posts $629.7 million Income In 2017

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has managed to improve its financial performance for the first time since 2011. The company recorded a net income of KRW 669.9 billion (USD 629.7 million) in 2017, compared to a...
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Savannah Centre to FG: Reactivate Nigerian Press Council

Savannah Centre to FG: Reactivate Nigerian Press Council

The Federal Government has been enjoined to reactivate the Nigerian Press Council and review its Code of Conduct so as to enable it discharge its duties effectively as enshrined in the Constitution.   Chairman of Savannah Centre, Professor Ibrahim Gambari ma...
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Photo News

Photo News

Comptroller Musa Baba Abdullahi (Left), during a visit to commissioner of police western ports command, Celestine Okoye on Thursday, March 8th, 2018
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NIMASA To Partner BPE On National Shipping Line

NIMASA To Partner BPE On National Shipping Line

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday expressed willingness to partner the Bureau of Public Enterprises (BPE) to refloat a National Shipping Line. The Director General of NIMASA, Dr. Dakuku Peterside who made this known when...
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Weststar Joins Firefighting Truck Segment, Unveils Atego 1725

Weststar Joins Firefighting Truck Segment, Unveils Atego 1725

The Commercial Vehicles Department of Weststar Associates Limited, Authorised General Distributor of Mercedes-Benz in Nigeria has unveiled its first unit of the new Atego 1725 firefighting truck for the year 2018 to support firefighting operations in Nigeria. ...
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Diamond Bank Intensifies Awareness Drive on Endometriosis

Diamond Bank Intensifies Awareness Drive on Endometriosis

By Citybusinessnews@yahoo.com Foremost financial institution, Diamond Bank Plc has intensified its awareness drive on endometriosis. Endometriosis is a widespread uncomfortable disease affecting tens of thousands of girls and women in Nigeria and a sweeping la...
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NPA Photo News

NPA Photo News

Standing on row 5 from left is NPA’;s Executive Director, Engr ând Technical services, Prof Idris Abubakar, Port Manager, Calabar Port, Olufunmilayo Olotu, 6thfrom left and other stakeholders after a meeting in Calabar, Cross River State
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Nigerians To Pay More For Alcoholic Drinks, Cigarettes

Nigerians To Pay More For Alcoholic Drinks, Cigarettes

President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, 4th June, 2018.    Under the newly approved excise duty rates for tobacco, in addition to the 20 per...
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Mercedes-Benz Emerges Most Valuable Brand In Global Study

Mercedes-Benz Emerges Most Valuable Brand In Global Study

Mercedes-Benz is now the most valuable automotive brand in the world.       According to the latest study conducted by Brand Finance, Mercedes managed an impressive 24 percent year-over-year growth in its brand value to $43.9 billion.   The German...
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How To End Hunger, Create Wealth, By Forum

How To End Hunger, Create Wealth, By Forum

Rising from its third quarterly meeting in Maiduguri, the Borno state capital, the Nigeria Zero Hunger Forum (NZHF) has issued key recommendations and resolutions that should be quickly implemented towards the attainment of Zero Hunger by the year 2025 in...
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Heritage Bank Photo News

Heritage Bank Photo News

L-R: Big Brother evicted housemate- Kelvin Broulette (K-brule), Princess Onyekwe (Princess), Bitto Arunum (Bitto), Group Head, Corporate Communications, Heritage Bank, Fela Ibidapo, Abiri Oluwabusayo (Khloe) Vanessa Williams (Vandora) and Martin Aderombi (Dee ...
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Ex-Shell Boss, Ovueraye Heads KSM New Executive Board

Ex-Shell Boss, Ovueraye Heads KSM New Executive Board

The Order of the Knights of Saint Mulumba Nigeria (KSM) has elected Diamond Ovueraye, as the Supreme Knight and head of the new supreme executive board to govern its affairs for the next four years.  The group in a statement...
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Hyundai Abandons Options for Five Additional Tankers

Hyundai Abandons Options for Five Additional Tankers

South Korean shipping giant Hyundai Merchant Marine has decided to abandon its options for five additional tankers, the company confirmed to World Maritime News. The company’s very large crude carrier (VLCC) options were a part of an earlier shipbuilding a...
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UNICEF Lauds Aisha Buhari’s Humanitarian Service

UNICEF Lauds Aisha Buhari’s Humanitarian Service

Wife of the President, Mrs. Aisha Muhammadu Buhari has been presented with UNICEF Special commendation and award of excellence for humanitarian service in recognition of her selfless service to humanity, especially children’s education. Mrs. Buhari’s Futur...
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