Information – Page 431 – City Business News

August 16, 2018 No Responses

MTN Secures N200B Deal With Citibank, UBA, 10 Others

MTN Nigeria on Wednesday in Lagos signed a seven-year medium term loan agreement of N200 billion with a consortium of 12 lenders. The lenders are: Citibank Nigeria, UBA, Diamond Bank, Ecobank, Fidelity Bank Plc First Bank, FCMB, FSDH Merchant Bank, Rand...

August 16, 2018 No Responses

GOCOP Demands Release of PREMIUM TIMES Journalist

The Guild of Corporate Online Publishers (GOCOP) has demanded the immediate release of PREMIUM TIMES Security Reporter, Samuel Ogundipe, detained by the Nigeria Police Force for carrying out his constitutional duty. A statement signed by the Guild’s Publicit...

August 15, 2018 No Responses

SIFAX Group In Gambia, Secures Multi-Million Dollar Dry Port Contract

The management of SIFAX Group has signed a Memorandum of Understanding (MOU) with the Government of Gambia to build and operate a dry port in the country’s capital, Banjul. A dry port (sometimes inland port) is an inland intermodal terminal...

August 15, 2018 No Responses

SNEPCo Seeks Diversification Roadmap

The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria. He spoke at the just-concluded annual conference and ex...

August 15, 2018 No Responses

Presidency: No Foreign Pressure On Buhari To Drop 2nd Term Bid

By Femi Adesina – It is necessary to respond to a tendentious story published today as cover choice by Daily Independent Newspaper. Under the headline, ‘Pressure mounts on Buhari not to seek re-election,’ the fiction parading as news claims...

August 15, 2018 No Responses

Nigeria Unveils Agenda For Two Additional Refineries

The Nigerian National Petroleum Corporation (NNPC) says it has plans to establish 100,000-barrels-per-day brownfield refineries in Port-Harcourt and Warri to boost local refining of crude oil in the country. The Group General Manager, Group Public Affairs Di...

August 15, 2018 No Responses

Nigeria Lifts Forex Market With $210m

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into various sums of the market on Tuesday, August 14, 2018. At Tuesday’s trading, the Bank offered...

August 15, 2018 No Responses

NPA Boss Implores Pilotage Boards On National Interest

The Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman has charged members of the newly inaugurated pilotage boards to see their appointments as a “call to serve the nation in the national interest”. She therefore implored the appointees t...

August 15, 2018 No Responses

FIFA Gives Nigeria, Ghana Deadline

World football governing body FIFA on Tuesday said it would go on to suspend Nigeria and Ghana from football activities if they failed to comply with its instructions by Monday. FIFA, in a statement by its Media Office, said it...

August 14, 2018 No Responses

Coscharis Motors Unveils New Jaguar Land Rover Variants

Coscharis Motors has unveiled new Jaguar E Pace, Range Rover Velar and the Discovery for the Nigerian market. The ceremony was held in Abuja at the IBB Golf and Country Club during the Coscharis sponsored golf tournament in partnership with...

August 14, 2018 No Responses

Aisha Buhari Dedicates Honorary Doctor of Philosophy To Women, Children

Wife of the President of Nigeria, Mrs. Aisha Muhammadu Buhari has been conferred with an honorary Doctor of Philosophy in Public Administration by Sun Moon University, Asan, Republic of Korea. Her decoration took place at the International Conference Hall.....

August 14, 2018 No Responses

Photo News

Left To Right: Chairman Conference Planning Committee Chartered Institute of Arbitrators (CIArb Nigeria) Mr. Sola Ephraim Oluwanuga and Ag. Director General Securities and Exchange Commission, SEC, Ms. Mary Uduk during a meeting between SEC and CIA in Abuja

August 14, 2018 No Responses

Robin Sanders Endorses 2nd U.S.-Nigeria AgriBusiness Investment Summit

Ambassador Robin Renee Sanders, former U.S. Ambassador to Nigeria, ECOWAS, Republic of Congo, former Africa Director at the National Security Council at the White House; and current CEO of FEEEDS Advocacy Initiative & FE3DS, LLC has addressed a Goodwill me...

August 14, 2018 No Responses

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), HadizaBala Usman (left), the Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar (Middle), and the Managing Director of LADOL, Dr. Amy Jadesimi (right) during a working visit to L...