Tag: News

CMA CGM, Seatrade to Restructure VSA
November 29, 2017 No Responses

CMA CGM, Seatrade to Restructure VSA

French container shipping giant CMA CGM Group and specialised reefer transporter Seatrade Group have decided to restructure the vessel sharing agreement (VSA) reached earlier this year. Under the VSA, unveiled in July 2017, the companies intended to link Northern Europe, the East...
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Iyalode Alaba Lawson Leads NACCIMA to Atlanta Summit, Seeks Re-Awakening Of Agribusiness Opportunities
November 29, 2017 No Responses

Iyalode Alaba Lawson Leads NACCIMA to Atlanta Summit, Seeks Re-Awakening Of Agribusiness Opportunities

By citybusinessnews@yahoo.com  –     National President, National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), the umbrella organization of Chambers of Commerce in Nigeria, Iyalode Alaba Lawson, has advocated for r...
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Stakeholders oppose amendment to NIMASA act, 1 % contribution to Navy
November 28, 2017 No Responses

Stakeholders oppose amendment to NIMASA act, 1 % contribution to Navy

Stakeholders in the Nigerian maritime industry have opposed moves to amend the Nigerian Maritime Administration and Safety (NIMASA) Act to pave way for 1% contribution of its revenue to the Nigerian Navy.     A statement issued by NIMASA’s head,...
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NEWN unveils community business directory, seeks partnership
November 28, 2017 No Responses

NEWN unveils community business directory, seeks partnership

Network of Enterprising Women of Nigeria (NEWN) has concluded its annual seminar and trade fair in Lagos with the official unveiling of the NEWN community business directory which it says will help boost trade among its members.   The fair...
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Edo budgets N140b for 2018, to complete bus terminals
November 28, 2017 No Responses

Edo budgets N140b for 2018, to complete bus terminals

The Governor of Edo State, Mr. Godwin Obaseki, will on Wednesday, present the budget proposal for 2018 fiscal year to the Edo State House of Assembly for consideration.  The budget expected drive growth and progress in all sectors of the...
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Sterling Bank bags best award in financial inclusion
November 28, 2017 No Responses

Sterling Bank bags best award in financial inclusion

Sterling Bank Plc, has won the best company in financial inclusion award at the SERAs CSR Africa 2017 awards held in Lagos.  The theme of this year’s edition of the awards is transformational sustainability: From Social Responsibility to Social Impact....
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Oando: Shareholders insist on interim management
November 28, 2017 No Responses

Oando: Shareholders insist on interim management

Shareholders of Oando Plc have advised the current management of the company under the leadership of Mr Wale Tinubu to step down in the interest of all stakeholders.    A Federal High Court sitting in Lagos had last week dismissed...
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Hydrographic society seeks national hydrographic commission
November 28, 2017 No Responses

Hydrographic society seeks national hydrographic commission

The Nigerian Hydrographic Society (NHS), Lagos /South-West Zone, has called for the establishment of a National Hydrographic Commission, in order to drive policies on hydrography for full utilization of hydrographic surveys to benefit the nation’s economy. M...
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Between waste, reality and politics of deep seaports
November 27, 2017 No Responses

Between waste, reality and politics of deep seaports

By Moses Ebosele, ebosele@hotmail.com –        Did Governor Ben Ayade of Cross Rivers State carry out any feasibility study before embarking on the Bakassi Deep Seaport project? Who carried out the feasibility study and what is the outcome?  ...
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Shipowners task FG on $100m cabotage fund
November 27, 2017 No Responses

Shipowners task FG on $100m cabotage fund

The President, Nigerian Shipowners Association (NISA), Mr Aminu Umar, has called on the Federal Government to intervene in delayed disbursement of the Cabotage Vessel Financing Fund (CVFF) to sustain shipping business. Umar made the call in an interview with t...
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Mazda to unveil new SUV
November 27, 2017 No Responses

Mazda to unveil new SUV

Four years ago, CEO Masamichi Kogai predicted Mazda would be notching annual U.S. sales of 400,000 vehicles by now. Instead, it is in a second-straight year of decline, with volume under 300,000 and market share retreating from an erstwhile goal...
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NNPC to select core investor for Benue bio-fuel project
November 27, 2017 No Responses

NNPC to select core investor for Benue bio-fuel project

The Nigerian National Petroleum Corporation (NNPC) says it has almost concluded discussion on the choice of a core investor for the proposed bio-fuel plant in Benue. The Group Managing Director of the corporation, Dr Maikanti Baru, said this in a...
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Ministry faults ‘flagrant abuse of import duty waivers by some NGOs, importers’
November 27, 2017 No Responses

Ministry faults ‘flagrant abuse of import duty waivers by some NGOs, importers’

The Federal Ministry of Finance has alleged attempts by some importers and Non-Government Organisations (NGOs) to malign the name of the Minister of Finance, Mrs. Kemi Adeosun over “spurious claims of refusing to grant import duty waivers in respect of...
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Iyalode Alaba Lawson bags State of Georgia honourary citizenship
November 26, 2017 No Responses

Iyalode Alaba Lawson bags State of Georgia honourary citizenship

The State of Georgia, United States of America, has conferred its honourary citizenship on the Chairman of US-Nigeria Trade Council, Iyalode Alaba Lawson.    At a ceremony held in her honour, the Secretary of State for the State of Georgia, Mr....
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