Minister – Page 128 – City Business News

September 29, 2017 No Responses

SEC arraigns BGL officials over alleged capital market scam

The Securities and Exchange Commission (SEC)on Thursday arraigned BGL Group and its officials at the Chief Magistrate Court Zone 6, Abuja on charges of criminal conspiracy, Breach of Trust and cheating contrary to Sections 96, 312, 322 and 323 of the...

September 29, 2017 No Responses

PwC tax academy hosts 200 business executives, reviews LIRS reforms

Over 200 business executives including a live online audience within and outside Nigeria are scheduled to attend PwC tax academy scheduled to hold on Friday, September 29, 2017 in Lagos State. City BusinessNews Online (www.citybusinessnews.com) gathered th...

September 29, 2017 No Responses

COSCO shipyard secures orders for 10 new ships

COSCO Shipyard Group, part of COSCO Shipping International (Singapore), has, through its subsidiaries, won contracts for up to ten new ships if all options are exercised. These include a contract for four 82,000 tons bulk carriers secured by COSCO (Zhoushan) ...

September 28, 2017 No Responses

Edo to partner FG on Benin Airport expansion

To expand and upgrade the Benin Airport for efficient service delivery and increase passenger traffic, the Federal Airports Authority of Nigeria (FAAN) and the Nigerian Airspace Management Agency (NAMA) have expressed readiness to partner with the Edo State go...

September 28, 2017 No Responses

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA) Hadiza Bala Usman (2nd left), General Manager Finance, Simon Egbo Asinobi, (right), General manager MD’s office, Capt. Iheanacho Ebubeogu (2nd right) and the Project Manager of the rehabilitat...

September 27, 2017 No Responses

‘FG released N336b capital funds to MDAs in Q1 2017’

The Federal Government has, to date, released N336 billion from the 2017 Budget to Federal Ministries, Departments and Agencies for the funding of capital projects in the first quarter of 2017. The balance of N14 billion is being processed, pending...

September 27, 2017 No Responses

Maritime Crimes: NIMASA partners Interpol

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that proper legal frame work, synergy and information sharing amongst government Agencies and Stakeholders will help curb the issues of c...

September 27, 2017 No Responses

Oando Shareholders Petition National Assembly

Over 100 shareholders of the troubled Oando Plc have written a petition to the National Assembly alleging corporate governance abuse, mismanagement and gross misconduct. The petition, addressed to the Chairman, House Committee on Capital Market and Instit...

September 26, 2017 No Responses

NSE elects Ogunbanjo President, declares N22.79b assets

Mr. Abimbola Ogunbanjo on Monday emerged President of National Council of the Nigerian Stock Exchange (NSE). He replaced Mr. Aigboje Aig-Imoukhuede who has completed his three-year tenure. Ogunbanjo was elected at The Exchange’s National Council meeting h...

September 26, 2017 No Responses

Tukur, Ibru, others elect Dossou-Aworet President of African Business Roundtable

The Executive Board of Directors of African Business Roundtable has elected Founder and Chairman of Petrolin, the Pan African Exploration and Production Oil and Gas Conglomerate, Mr. Samuel Dossou-Aworet as President Africa Business Roundtable (ABR). Member...

September 26, 2017 No Responses

FG condemns deadly attack on Benin Zoo

The Minister of Information and Culture, Alhaji Lai Mohammed, has strongly condemned the attack on Ogba Zoo and Nature Park in Benin, Edo State, on Sunday, during which three policemen were killed and the Head of the Zoo, Dr. Andy Ehanire, was abducted...

September 26, 2017 No Responses

COSCO gets $54m fleet renewal backing

China’s COSCO Shipping Energy Transportation has received a government subsidy for disposal and retrofit of vessels worth approximately HKD 421 million (USD 54 million). The subsidy is part of revenue-related government grants and is aimed at compensating f...

September 25, 2017 No Responses

‘Concerted efforts needed to stop menace of climate change’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stressed the need for collaborative efforts to tackle the scourge of climate change. Dr. Dakuku stated this while speaking at an event on climate....