Information – Page 438 – City Business News

July 25, 2018 No Responses

Diamond Bank Joins FMDQ OTC Board

Diamond Bank Plc, a leading retail bank in Nigeria with a track record of quality banking solutions for customers has been appointed as a member of the Board of FMDQ OTC Plc, Nigeria’s foremost debt capital, currencies securities exchange and...

July 25, 2018 No Responses

Terminals In Europe, Australia Lift DP World’s Performance By 4.8 Per cent In Six Months

Despite geopolitical tensions, Dubai-based port developer DP World said that the first half of 2018 saw an upswing in global trade, especially at its container terminals in Europe and Asia. The port operator reported a 4.8 pct growth in gross container...

July 25, 2018 No Responses

NCAA To Airlines: Stop Unnecessary Flight Delays, Cancellations Or Face Sanction

The Nigerian Civil Aviation Authority (NCAA) has directed operating airline; local and foreign to henceforth stop unnecessary flight delays and cancellations, which had charactersised the country’s aviation industry in recent time. The regulatory agency obse...

July 25, 2018 No Responses

NSE PHOTO NEWS

L – R shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Mr. Olufemi Shobanjo, Head, Broker Dealers Regulation, NSE; Mr. Oscar N. Onyema OON, Chief Executive Officer, NSE; Mrs. Mojisola Adeola, Head, Council Secretariat...

July 24, 2018 No Responses

Nigeria Lifts Suspension On Maersk Line, Cosco, Two Others

The Management of Nigerian Ports Authority (NPA) has ordered restoration of services to the four shipping Companies whose operations were suspended for their alleged failure to comply with the directive of acquiring and operating holding bays for their contain...

July 24, 2018 No Responses

NAHCO Shareholders Get N406M Dividend, Laud 2017 Performance

Shareholders of Nigerian Aviation Handling Company Plc (Nahco, Aviance) have commended the Board and Management of the company for remaining on the part of growth and profitability despite various challenges. Speaking during the Company’s Annual General Me...

July 24, 2018 No Responses

Osinbajo Implores Capital Market On Economic Growth, Development

Vice President Yemi Osinbajo has said that for investors to take advantage of government’s incentives and improved business environment, there needs to be availability of medium to long term capital in the form of bonds, equity and loans. The necessity...

July 24, 2018 No Responses

Samsung Secures $366.1M Contract For Special-Purpose Ships

South Korean shipbuilder Samsung Heavy Industries (SHI) has won a deal for the construction of three special-purpose ships worth KRW 415.7 billion ($ 366.1 million). The shipbuilder said the order was received from an undisclosed North American shipowner. T...

July 23, 2018 No Responses

JAMB Remits N7.8B Surplus, To Restructure Headquarters

Another N7.8 Billion has been remitted into the Federation Account by the Joint Admissions and Matriculation Board (JAMB). According to Head, Media and Information, Dr. Fabian Benjamin, the board decided to remit the amount as surplus to the Federal Govern...

July 23, 2018 No Responses

CIS Partners SEC On Capital Market Studies

The Chartered Institute of Stockbrokers (CIS) has pledged to work with the Securities and Exchange Commission (SEC) in its desire to infuse Capital Market Studies (CMS) into the curriculum of schools in the country. Already, the apex regulator of...

July 23, 2018 No Responses

South African Airways Wins Best Airline Staff Award

South African Airways (SAA) has been voted the ‘Best Airline Staff in Africa’ at the annual World Airline Awards hosted by Skytrax, the Oscars of the aviation industry in London. In SAA’s sixth triumph, this award recognises service excellence covering.....

July 23, 2018 No Responses

Firm Gets 1st LNG-Powered Ship

U.S.-based shipping company Crowley Maritime Corporation has taken delivery of its first LNG-powered Combination Container Roll-on/Roll off (ConRo) ship from VT Halter Marine. El Coquí, which is one of the first ConRos in the world, is also the first of two....

July 23, 2018 No Responses

Gun Men Kill 11 Drivers

A taxi bus full of taxi drivers was bombarded with bullets Saturday night, with gunmen killing at least 11 people who were heading back from a funeral, South African police said. Authorities believe the 11 victims were among 17 people...

July 22, 2018 No Responses

Atiku Pledges To Revive Nigeria’s Economy, Tackle Unemployment

Former Vice President and Peoples Democratic Party (PDP) presidential aspirant, Atiku Abubakar on Saturday pledged to tackle unemployment in Nigeria if elected President in 2019. Addressing supporters in Yola, Adamawa State during a Mega Rally organized b...