Information – Page 430 – City Business News

August 18, 2018 No Responses

NNPC To List 40% Shares

The Nigerian National Petroleum Corporation (NNPC) is to list 40 per cent of its shares on the floor of Nigerian Stock Exchange (NSE) when the Petroleum Industry Governance Bill (PIGB) gets Presidential Assent. Speaking in Lagos at the 2018 annual conference...

August 18, 2018 No Responses

INEC Boss Rules Out Postponement Of 2019 Elections

The Independent National Electoral Commission (INEC) will not postpone the 2019 general elections because of the delay in the passage of its budget, Chairman, Prof. Mahmood Yakubu,has said. Speaking with Journalists in Abuja, the INEC Boss explained that the...

August 18, 2018 No Responses

Coscharis Photo News

R-L: Yebeltal Getachew, Customer & Commercial Leadership Director, Coca Cola Nigeria Ltd; Abiona Babarinde, General Manager, Marketing & Corporate Communications, Coscharis Group in hand shake with Ahmed Oseni, Captain, IBB Golf Club, Abuja and Olal...

August 18, 2018 No Responses

Buhari Felicitates With Oba Otudeko At 75

President Muhammadu Buhari has congratulated the founder and Chairman of Honeywell Group, Ayoola Oba Otudeko, who turns 75 years on Saturday. In a statement issued by Mr Femi Adesina, Special Adviser to the President on Media and Publicity, Buhari saluted...

August 18, 2018 No Responses

Naira Gains 40k Against Dollar At Parallel Market

The Naira gained 40k against the dollar at the end of Friday trading, exchanging at N359.6 stronger than N360 traded on Thursday. The Pound Sterling and the Euro closed at N469 and N413 respectively. At the Bureau De Change (BDC)...

August 18, 2018 No Responses

Photo News

L-R: Otunba Kunle Folarin, Chairman, Nigerian Ports Consultative Council and Keynote Speaker; Obiageli Obi, Director-General, Nigerian Chamber of Shipping and one of the Panelists; Princess Vicky Haastrup, Chairman, Seaport Terminal Operators of Nigeria (STOAN...

August 18, 2018 No Responses

Photo News

L-R: Otunba Kunle Folarin, Chairman, Nigerian Ports Consultative Council and keynote speaker; Mariam Afolabi, daughter and representative of Dr. Taiwo Afolabi; Chief Adebayo Sarumi, Former Managing Director, Nigerian Ports Authority and Chairman of the occasio...

August 17, 2018 No Responses

Oyo, IITA Seal Pact On Agric Policy, Agribusiness Park

The International Institute of Tropical Agriculture (IITA) and Oyo state government on Thursday signed a deal to develop an agricultural blueprint for the state, and the establishment of agribusiness park. The agricultural policy will clearly outline the ...

August 17, 2018 No Responses

NNPC Seeks Clarification On Proposed Petroleum Asset Management Company

The Nigerian National Petroleum Corporation (NNPC) on Thursday sought clarification on the funding structure of the proposed Nigerian Petroleum Asset Management Company (NPAMC) in the Petroleum Industry Governance Bill (PIGB). Dr Maikanti Baru, the Group Ma...

August 17, 2018 No Responses

NIMASA Boss Seeks Maritime Data Bank

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency is pushing for a single data window system of all activities in the Nigerian maritime sector in such a way that...

August 17, 2018 No Responses

PILOTAGE DISTRICTS BOARD MEMBERS RECOMMEND URGENT REVIEW OF 1999 PORTS ACT

Members of the newly reconstituted Nigerian Port Authority (NPA) Pilotage Districts Boards have recommended the urgent review of relevant sections on pilotage in the Ports Act of 1999, to reflect the present dynamics of the industry. The members in a...

August 16, 2018 No Responses

FRSC Identifies 45 Corridors, Explains Alternative Routes

As part of strategies put in place by the Federal Road Safety Corps (FRSC) to trend down road traffic crashes, the Corps Marshal, Dr Boboye Oyeyemi, has directed the Corps’ Operatives (Regular and Special Marshals) to effectively cover 45 Corridors...

August 16, 2018 No Responses

New Zealand Bans Sales Of Homes To Foreigners

New Zealand’s parliament has banned many foreigners from buying existing homes in the country – a move aimed at making properties more affordable. The ban only applies to non-residents. Australians and Singaporeans are exempt because of free-trade ...

August 16, 2018 No Responses

Dakuku: NIMASA Floating Dockyard To Save Nigeria N36B

The multimillion dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the Country millions of dollars in capital flight once operational. The Director General of the A...