Information Archives — Page 426 of 478

June 30, 2017 No Responses

ESL names First LNG-Fueled Bulker

Helsinki-based shipping company ESL Shipping, a member of the Aspo Group, has christened its new LNG-powered dry cargo vessel at the Jinling shipyard in Nanjing, China. As informed, the first of the two ordered vessels was christened Viikki in line with...

June 30, 2017 No Responses

FG to publish names of tax defaulters

The Federal Government is to publish names of tax defaulters with effect from March 31, 2018. Speaking in Abuja on Thursday during the unveiling of Voluntary Assets and Income Declaration Scheme (VAIDS), Acting President, Yemi Osinbajo explained that VAID...

June 29, 2017 No Responses

Nigeria explains availability of yams for local consumption as export to Europe begins

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has assured Nigerians that “There is no need to panic about the possible non-availability of yams for local consumption” as export begins. According to the Minister, “There has neve...

June 29, 2017 No Responses

Heritage Bank: Our support for Agro-business funding cuts across the entire value chain

Heritage Bank Plc has reiterated its commitment to further deepen the drive to support agribusiness value chain in order to fast track food security and sufficiency in the country. The MD/CEO of the bank, Mr Ifie Sekibo, who disclosed this,...

June 29, 2017 No Responses

SEC: Investors to forfeit multiple subscription to public offers

Investors in the Nigerian Capital Market with multiple subscriptions for the same public offer may forfeit their investment. The Securities and Exchange Commission at its last Capital Market Committee meeting (CMC) has approved the report of a market wide comm...

June 29, 2017 No Responses

Group to Osinbajo: Intervene in NPA, INTELS face-off to save 20,000 jobs

The Nigerian Importers Integrity Association (NIIA) has said that no fewer than 20,000 jobs in the Niger Delta region could be lost as a result of the face-off between Nigerian Ports Authority (NPA) and oil and gas logistics giant, INTELS...

June 29, 2017 No Responses

Nigeria restates commitment to Digital Switch Over in broadcasting

The Federal Government has announced its readiness to roll out the Digital Switch Over (DSO) in broadcasting in all the six geo-political zones in the country in the next few weeks, as a practical demonstration of its commitment to the DSO project....

June 28, 2017 No Responses

NCAA to GSM firms: You must obtain our permits before construction of high-rise structures

The Nigerian Civil Aviation Authority (NCAA) has cautioned operators of Global System for Mobile Communications (GSM) to ensure they always obtain Aviation Height Clearance (AHC) Permits and Licences before construction of high-rise structures. NCAA spokesm...

June 28, 2017 No Responses

Facebook hits two billion users

(BBC) More than a quarter of the world’s population now uses Facebook every month, the social network says. “As of this morning, the Facebook community is now officially two billion people,” founder and chief executive Mark Zuckerberg posted....

June 28, 2017 No Responses

New cyber attack goes global, hits Maersk

A cyber attack has shut down IT systems across multiple sites and business units owned by Danish transport and logistics major A.P. Moller – Maersk, the company confirmed earlier today. APM Terminals is said to be among the hit business units, with...

June 27, 2017 No Responses

Citi Bank celebrates community day in Nigeria

Citi Bank celebrated its 12th annual Global Community Day recently as more than 1,600 Citi volunteers in Aba, Abuja, Kano, Lagos, Port-Harcourt and Warri engaged in service activities in their local communities. In the days leading up to and...

June 27, 2017 No Responses

NIMASA DG reiterates support for Nigerian seafarers

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has joined the rest of the world in commemorating the International Day of the Seafarer with the Director General, Dr. Dakuku Peterside averring that there can be no maritime sector without the.....

June 27, 2017 No Responses

Drewry: West African Port Projects in Uncertain Waters

Most West African port projects are in uncertain waters amid a change in the location and nature of transhipment hubs serving the region’s port market, according to shipping consultancy Drewry. In the long run, major new port projects “will make...

June 27, 2017 No Responses

GM cuts outlook for new vehicle sales in 2017

(Reuters) General Motors now expects U.S. new vehicle sales in 2017 will be in the “low 17 million” unit range, reflecting a widespread expectation that the industry is headed for a moderate downturn, a top executive said on Monday. “The...