NPA clarifies position on termination of contract, job security as FIRS explains visit to Intels

NPA clarifies position on termination of contract, job security as FIRS explains visit to Intels

The termination of boats pilotage monitoring and supervision contract with INTELS Nigeria Limited will not erase jobs, Nigerian Ports Authority (NPA) Managing Director, Hadiza Usman, has said.   Speaking in Lagos on Monday, Usman explained that a new company charged...
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Heritage Bank senior executives get ICA awards

Heritage Bank senior executives get ICA awards

Institute of Credit Administration (ICA) has conferred distinguished awards on two senior management executives of Heritage Bank Plc at the Nigeria Credit Industry Awards and Postgraduate School of Credit and Financial Management (PSCFM) graduation ceremony he...
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Pensioners resume protest in Edo

Pensioners resume protest in Edo

Pensioners in Edo State on Monday resumed   protest to demand for the payment of their pension arrears and gratuity. The  pensioners in their numbers  sang solidarity and derogatory songs as well as  prayed to God to intervene on their behalf....
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Osinbajo: NNPC did not award $25b contracts

Osinbajo: NNPC did not award $25b contracts

The Nigerian National Petroleum Corporation (NNPC) did not award $25billion contracts, Vice President Yemi Osinbajo has declared.   A statement issued on Sunday by the Vice President Senior Special Assistant (SSA), media and publicity, Laolu Akande, explaine...
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Veteran auto marketer, Raju Sawlani, unveils multibrand sales, service outlet in Lagos

Veteran auto marketer, Raju Sawlani, unveils multibrand sales, service outlet in Lagos

 By Moses Ebosele, ebosele@hotmail.com –    Come Thursday, October 19th, 2017, world class multibrand sales and service centre, Turing Simcubator Limited (TSL), will commence business activities in Lagos State.   Located at Plot 3, Apapa-Oshodi Expre...
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Controversy trails NPA, Intels imbroglio

Controversy trails NPA, Intels imbroglio

By citybusinessnews@yahoo.com   –   The controversy surrounding the termination of pilotage contract agreement with INTELS by the Nigerian Ports Authority (NPA) continued at the weekend.     Indeed, the controversy has divided Nigerians into two gr...
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Foreign minister at 27, Sebastian Kurz set to become world’s youngest leader at 31

Foreign minister at 27, Sebastian Kurz set to become world’s youngest leader at 31

Austria’s conservative People’s Party, led by 31-year-old Sebastian Kurz, is set to win the country’s general election, projections suggest. Mr Kurz is on course to become the world’s youngest national leader. The People’s Party w...
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World Bank: Assistance to Nigeria  not limited to Northeast

World Bank: Assistance to Nigeria not limited to Northeast

Assiatance to Nigeria is not limited to the Northeast, the World Bank has clarified.    Reacting to the controversy generated by  a statement credited to its President, Jim Yong Kim that President Muhammadu Buhari requested its   special intervention in ...
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Four killed, six injured in Cargo plane crash

Four killed, six injured in Cargo plane crash

A cargo plane has crashed into the sea off Ivory Coast, close to Abidjan airport, killing four people and injuring six. The wreckage of the turboprop plane, which was carrying 10people, was swept toward a beach where rescuers treated surviving...
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Osinbajo lauds Elumelu as foundation wraps up 2017 entrepreneurship forum

Osinbajo lauds Elumelu as foundation wraps up 2017 entrepreneurship forum

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on Saturday in Lagos State with Vice President Yemi Osinbajo in attendance.   The Forum hosted mor...
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Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

By Moses Ebosele, ebosele@hotmail.com –    A leading player in the automotive industry in Nigeria, Coscharis Group, has unveiled Ford Assembly plant in Lagos.   Already, the plant located at KM 32, Lekki-Epe Expressway, Awoyaya, Lagos State has rolle...
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NPA replies Intels, insist on level playing field for all operators

NPA replies Intels, insist on level playing field for all operators

By citybusinessnews@yahoo.com  –   The management of Nigerian Ports Authority (NPA) has dismissed reported plans by Integrated Logistics Services limited (Intels) to withdraw its investment agenda in Nigeria.   According to NPA, business thrives in f...
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Edo reviews 2017 budget downwards by 16.49 %

Edo reviews 2017 budget downwards by 16.49 %

The Edo State Government has approved the downward review of the 2017 budget from the initial ₦153.187bn to ₦127.921billion, representing a 16.49% reduction.  In a statement issued after an emergency Executive Council (EXCO) meeting held at Government Hou...
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SIFAX Group gets West Africa Shipping Award

SIFAX Group gets West Africa Shipping Award

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has bagged an award at the 7th edition of the Nigeria Brand Awards. SIFAX Group was awarded the “Most Innovative an...
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