News Archives — Page 609 of 613

October 19, 2015 No Responses

New Ship Owners body debuts, names Kalu, others interim management

The maritime industry globally is set to meet its full potential following the unveiling of an umbrella body for all national, regional and international associations of ship owners called World Ship Owners Association (WSOA). The association which was established in...

October 19, 2015 No Responses

NPA pledges to partner Customs on revenue generation

The Nigerian Ports Authority (NPA) and the Nigerian Customs Services (NCS) have reiterated their resolve to work, collaborate and partner with a view to enhancing the revenue generation strategies of the Federal Government from the nation’s seaports. One way...

October 19, 2015 No Responses

Fidelity to list N30b on FMDQ platform

AS part of measures to boost Small and Meduim Enterprises (SMEs) financing and enhance domestic debt market, Fidelity Bank Plc has listed N30bn bond on FMDQ OTC. This follows the listing the Nigeria Mortgage Refinance Company Plc (NMRC) ₦8b series 1, 15-Ye...

October 19, 2015 No Responses

Shareholders laud UBA’s Q3 results

CITING what they described as ‘favourable indices’, shareholders at the weekend commended the board, management and staff of UBA for the results attained in Q3. Speaking with CityBusiness News in Lagos, the shareholders emphasized the need for the bank to...

September 14, 2015 No Responses

BVN hits 20 million

LESS than 47 days to the second deadline of October 31, 2015, the Biometric Verification Number (BVN) project has recorded 20-million mark. Meanwhile, three of the four major telecommunications giant- Etisalat, Airtel and MTN Nigeria have indicated interes...

September 14, 2015 No Responses

First Bank unveils new products for schools

New products aimed at supporting school operators and entrepreneurs has been unveiled by the management of First Bank of Nigeria Limited. According to the bank, the product are: FirstEdu Loan, Operational Vehicle Loan, Commercial Mortgage and Personal Loan a...

September 11, 2015 No Responses

New customs CG pledges to enhance capacity, generate more revenue

THE new Comptroller-General of Nigeria Customs Service (NCS) Col. Hameed Ibrahim Ali (Rtd) has pledged to undertake reforms and re-structuring as part of measures to enhance capacity and generate more revenue. The Comptroller-General stated this in Abu...

September 11, 2015 No Responses

Agents to shut down Lagos ports over restriction of trucks

The Association of Nigerian Licensed Customs Agents (ANLCA) has threatened to shut down Lagos ports over restriction order on movement of trucks within the metroplolis In a statement issued by the National Publicity Secretary of the association, Mr Kay...

September 9, 2015 No Responses

NIMASA Partners British Military On Capacity Building

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to partner British Military in the area of capacity building. Receiving a delegation from the British Military Advisory and Training Team (BMATT) led by Commander Shaun Quinn of the Royal Nav...

September 7, 2015 No Responses

NNPC to recover N1.5trillion over-deducted tax benefits from firms

THE Federal Government through the Nigerian National Petroleum Cooperation (NNPC) has announced plans to recover $7billion (N1.5trillion) in over-deducted tax benefits from joint venture partners on major capital projects. NNPC has also appointed an accounting...

September 7, 2015 No Responses

Lagos restricts trailer movement

WORRIED by the chaotic state of transportation within the metropolis, the Lagos State government has directed law enforcement agencies to impound trailers and long vehicles plying the metropolis at day time. The state government explained that the directiv...

September 4, 2015 No Responses

Lawyer drags new Customs CG to court

A lawyer based in Enugu, Ifeanyichukwu Okonkwo has filed a suit at the Federal High Court Umuahia, Abia state challenging the constitutionality of the appointment of Col. Hameed Ibrahim Ali (rtd) as the Comptroller-General of the Nigeria Customs Service by.....

September 4, 2015 No Responses

Oliseh, player condols Enyeama

UPER Eagles coach, Sunday Oliseh has condoles captain Vincent Enyeama over the death of his mother. He also used the opportunity to assure Nigerians that the team will excel in Tanxania as part of the 2017 Africa Nations Cup qualifier....

September 4, 2015 No Responses

FAAN arrests suspect with N54.3million

AN officials of the Federal Airports Authority of Nigeria (FAAN) has arrested a suspect over alleged attempt to traffic $271.14m (N54.35bn) through the Murtala Muhammed Airport, Ikeja. In a statement, the FAAN Deputy General Manager, Corporate Affairs, O...