Information – Page 401 – City Business News

July 20, 2018 No Responses

Firm Ships 1st LNG Cargo To China

Russian gas company PAO Novatek has shipped its first cargoes of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. To commemorate the occasion, the arrival of LNG carriers Vladimir Rusanov and Eduard...

July 19, 2018 No Responses

GTBank, Okomu Oil, FBN Holdings, Oando, Others Sustain Sliding Profile

More firms on the floor of Nigeria Stock Exchange (NSE) sustained sliding profile on Wednesday as Bears maintained dominance for the third consecutive trading days. At the end of the day’s trading, the All-Share Index lost 215.52 points or 0.58...

July 19, 2018 No Responses

NPA Boss Seeks Improved Intermodal Freight Transport, Logistics Value Chain

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has said that a lot still needs to be done “particularly in synergising efforts and fine-tuning grey areas” in order to ensure continuous improvement in the nation’s inter modal fre...

July 19, 2018 No Responses

Excitement, Celebration As Ethiopia-Eritrea Commercial Flight Takes Off After 20 Years

The first commercial flight from Ethiopia to Eritrea in 20 years took off early on Wednesday, sealing a stunning reconciliation between the former enemies a week after they ended their military standoff. More than 400 passengers boarded two Ethiopian Airline...

July 19, 2018 No Responses

Reactions Trail Proposed New National Carrier

Mixed reactions on Wednesday trailed the unveiling of the name and logo of the proposed new national carrier by the Minister of State for Aviation, Sen. Hadi Sirika. Sirika had unveiled the name of the new carrier as “Nigeria Air’’...

July 19, 2018 No Responses

Nigerian Senate Probes Ibe Kachikwu

The Nigerian Senate on Wednesday directed its Committee on Petroleum Resources (Upstream) to investigate alleged irregularities in the oil and gas sector lease renewal. The upper chamber explained that the lease renewal being undertaken by the Minister of St...

July 19, 2018 No Responses

Buhari, Others Mourn Former CJN, Aloysius Katsina-Alu

President Muhammadu Buhari sends condolences to the family and friends of former Chief Justice of Nigeria, Justice Aloysius Iyorgyer Katsina-Alu, who passed away on Wednesday. President Buhari joins the government and people of Benue State, Nigerian Bar Associ...

July 18, 2018 No Responses

NSC Tasks Terminal Operator On Automation

The Nigerian Shippers’ Council (NSC) has called on terminal operators to embrace automation system for cargo clearance. The Executive Secretary and Chief Executive Officer of the Council, Mr. Hassan Bello made the call when he led the agency’s management t...

July 18, 2018 No Responses

Nigeria Explains N228.9b For 2019 Polls

President Muhammadu Buhari has forwarded a letter to the National Assembly seeking N228,854,008,215 from the N9.12 trillion 2018 budget to fund the 2019 general election and other critical projects. According to Buhari, the N228.9 billion from N578,319, 9...

July 18, 2018 No Responses

IITA, Washington Varsity To Tackle Poverty, Youth Unemployment

The International Institute of Tropical Agriculture (IITA) and the Washington University in St. Louis (WUSTL) are exploring areas of collaboration that would address poverty, hunger, and youth unemployment in Africa. According to IITA, the plan is to leverag...

July 18, 2018 No Responses

NBS Implores Respondents On MSMEs Survey

The Statistician-General of the Federation, Dr Yemi Kale has appealed to all selected respondents to provide information for the ongoing Micro, Small and Medium Enterprises (MSMEs) survey in the country. The survey is being carried out by the National ...

July 18, 2018 No Responses

Capital Market Forum Explores Strategies, Best Practices To Tackle Cyber Threat

The Nigerian Stock Exchange (NSE) has announced its bi-annual Nigerian Capital Market Information Security Forum (NCMISF), themed, “Social Engineering, The Neglected Human Factor”, will hold on Wednesday, July 25, 2018, at the NSE Event Center, 2/4 Custo...

July 18, 2018 No Responses

Djibouti Insists On Free Trade Zone

Djibouti Ports and Free Zones Authority (DFPZA) stood up against DP World’s claims that the opening of the Chinese-built Djibouti International Free Trade Zone (DIFTZ) was against the port operator’s exclusive contractual rights. The duo has embroiled in...

July 18, 2018 No Responses

NSE Photo News

L – R shows Ms. Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mrs. Aderonke Adedeji, President, Pension Fund Operators Association of Nigeria and CEO Leadway Pensure during a Closin...