Information – Page 441 – City Business News

March 22, 2018 No Responses

Nigeria Saves N68b On Personnel Cost In 2017

The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday disclosed that the Federal Government saved N68 billion on personnel cost in 2017. This brings the aggregate savings by the Government on personnel cost since 2007 to date to N288...

March 22, 2018 10 Responses

BMW Targets Pre Tax Profit of 10B Euros In 2018, Sets Aside 7B Euros For Electric, Autonomous Cars

BMW will increase research and development spending to an all-time high of up to 7 billion euros ($8.6 billion) this year as part of efforts to bring 25 electrified models to market by 2025 BMW said that despite higher...

March 22, 2018 No Responses

NSC Photo News

Executive Secretary/CEO, Nigerian Shippers’ Council (NSC), Hassan Bello (Left) and Hon. Mai Mala Buni, Chairman, Governing Board, Nigerian Shippers’ Council, during the inaugural meeting of the Board on Wednesday in Lagos

March 21, 2018 No Responses

Pirelli Records Fresh Innovation In Tire Technology

Pirelli has recorded fresh breakthrough in tire technology. It’s called Cyber Car and it’s a tire that connects the rubber with the car and provides loads of information and data. Under the arrangement, the tire can relay information such as...

March 21, 2018 No Responses

FG Targets 7 % Economic Growth In Three Years

The Minister of Finance, Mrs. Kemi Adeosun, has described Nigeria’s economic outlook for the year 2018 and beyond as positive . She stated that the country was now resilient after exiting recession and has the potential to achieve a seven...

March 21, 2018 No Responses

Global Kia Sportage Sales Hit Five Million

Kia Motors is celebrating five million cumulative sales of its global best-selling Kia Sportage compact SUV. Launched in 1993, and spanning four generations since, the Kia Sportage has achieved this milestone on the year of its 25th anniversary. The latest...

March 21, 2018 one Response

Octopus: Heritage Bank Attains ISO 27001 Information Security Management Certification

Heritage Bank Plc has achieved the Information Security Management Certification from International Standards Organisation (ISO). This certification also known as the ISO 27001: 2013 is part of the ISO 27000 family of standards which helps organisations keep...

March 21, 2018 No Responses

Total Seals 40-Year Concession Agreements

Total has signed 40-year concession agreements for three fields offshore Abu Dhabi with the Emirate’s Supreme Petroleum Council and ADNOC. According to Offshore and other agency reports, the accords give Total a 20% interest in the new Umm Shaif and...

March 21, 2018 No Responses

Rail Projects: FG Begins Negotiation For $15B Loans

To successfully complete the Port Harcourt – Maiduguri rail project, the Federal Government has commenced negotiation for $15 billion loans. The Minister of Transportation, Mr Rotimi Ameachi, made this known when he briefed State House correspondents af...

March 20, 2018 No Responses

Adeosun: Infrastructure Gulps N2.5tri In Three Years

The Nigerian Government is to sustain ongoing investment in infrastructure across the country. Speaking in Abuja on Monday, Minister of Finance, Kemi Adeosun explained that with over N2.5trillion pumped into infrastructure in the last three years, the coun...

March 20, 2018 No Responses

‘Demand for LNG on the Rise’

Demand for LNG as a marine fuel has risen significantly, especially in Nordics marine market, according to a Norwegian LNG supplier Skangas. The driving force behind the rise is the addition of new vessels to the LNG-powered fleet on the back of...

March 20, 2018 No Responses

Guinness Nigeria Flags off Transport, Safety Week 2018

In line with its commitment to promote road safety and sustainable transport systems in the country, Guinness Nigeria Plc, a subsidiary of Diageo Plc, has flagged off its Transport and Safety Week as part of measures to reiterate the importance of...

March 20, 2018 No Responses

Dakuku: Maritime Sector Has Capacity to Catalyze Economic Growth

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that the Nigerian maritime sector has the capacity to catalyze economic growth and also gave the assurance that the Agency will not...

March 20, 2018 No Responses

‘Beacons Of Nigeria Maritime Industry’ For Public Presentation March 22

A spectacular ‘Who-is-Who’ book featuring people in the maritime industry titled ‘Beacons of Nigeria Maritime Industry’ will be launched on March 22, 2018 at the Nigerian Institute of International Affairs, Victoria Island, by 10 am. Promoters of the b...