Information – Page 428 – City Business News

August 25, 2018 No Responses

400 Women Benefit From Aisha Buhari’s Cash Transfer Initiative

Another 200 women, on Thursday, 24th August, 2018, benefitted from the Aisha Buhari Foundation’s Community-Based Cash Transfer Intervention in Katsina State. This was a continuation to a similar event in Daura in which 200 women were assisted with cash...

August 25, 2018 No Responses

NIMASA ED, Bashir Jamoh, Unveils Book On Maritime Assets

The book titled: “Harnessing Nigeria’s Maritime Assets – Past, Present and Future authored by the Executive Director, Finance and Administration of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Bashir Jamoh is to be launched on Tue...

August 25, 2018 No Responses

Photo News

L – R shows Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Lady Maiden Alex-Ibru, Chairman/Publisher, The Guardian Newspaper Limited and Mr. Abimbola Ogunbanjo, President, NSE during a Closing Gong Ceremony in commemora...

August 25, 2018 No Responses

Nigeria Lifts Forex Market With $543m, CNY 63m

In another major round of interventions, the Central Bank of Nigeria (CBN) on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of $543.22 million and CNY 63.21 million into the inter-bank foreign exchange market. At the...

August 25, 2018 No Responses

Violent Waves: Seven Ships Grounded

Seven ships are stranded outside the Kaohsiung Port in Taiwan having succumbed to heavy winds and violent waves caused by a strong storm that hit Taiwan. All 88 crew members of the seven ships are reported to be safe, according to...

August 24, 2018 No Responses

Nigeria Unveils Agenda For Long-Term Credit To Agriculture, Manufacturing

To consolidate and sustain the nation’s economic recovery, the Central Bank of Nigeria (CBN) is to increase the flow of credit to the real sector of the economy. It will be recalled that the CBN Monetary Policy Committee (MPC), at...

August 24, 2018 No Responses

British Airways, Air France To Stop Flights To Iran

British Airways and Air France have announced that they will stop flying to Iran next month. Both airlines said that the route was “not commercially viable.” The reintroduction of US sanctions has caused a slump in the value of the...

August 24, 2018 No Responses

Oyo Sets Up Committee On Demolition Of Music House

Governor Abiola Ajimobi of Oyo State has set up a committee to resolve the impasse over the demolition of Yinka Ayefele’s Music House in Ibadan. Ajimobi had set up the committee at a reconciliatory meeting with the popular musician in...

August 24, 2018 No Responses

Maersk, Klaveness Digital Team Up on Developing Digital Solutions For Shipping

Maersk Tankers and Klaveness Digital have joined forces to drive the development of intelligent digital solutions for the shipping industry. As informed, Maersk Tankers will get access to Klaveness Digital’s digital platform, enabling the company to store ...

August 24, 2018 No Responses

Naira Weakens Against Dollar At Parallel Market

The Naira on Thursday lost 30 kobo to exchange at N358.30 to the dollar at the parallel market in Lagos, weaker than N358 traded on Wednesday. The Pound Sterling and the Euro closed at N475 and N418, respectively. At the...

August 23, 2018 No Responses

World’s 1st LNG-Powered Cruise Ship Debuts

AIDAnova, the world’s first cruise ship powered with LNG, has left Meyer Werft’s building dock in Papenburg, Germany. It took almost two hours to float out AIDA Cruises’ newbuilding in the evening hours of August 21 The 180,000-ton vessel will...

August 23, 2018 No Responses

Geely Records 54 Per Cent Increase In Sales

Geely Automobile Holdings surpassed its top three Japanese rivals to become the third-largest automaker in China after Volkswagen Group and General Motors, helped by models that appeal to the nation’s young consumers. Reporting a 54 percent jump in net i...

August 22, 2018 No Responses

Dakuku Preaches Love, Peaceful Coexistence As Nigerians Celebrates Eid-El-Kabir

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged Nigerians and the entire African continent to jealously guide the fledgling democracy which is gradually taking roots in the continent, notin...

August 22, 2018 No Responses

Firm Takes Delivery Of LNG-Fueled Bulker

Finnish dry bulk shipping company ESL Shipping has taken delivery of LNG-fueled bulk carrier named Haaga. Thanks to the innovative technologies incorporated in the vessel’s design, the 160-meter, 25,600 dwt vessel has had its carbon dioxide footprint cut b...