News Archives — Page 616 of 649

August 31, 2016 No Responses

FG to award Lagos-Ibadan railway contract

The Federal Government has concluded plans to award the contract for the construction of Lagos-Ibadan railway contract. According to the Minister of Transport, Rotimi Amaechi, plans are also underway to sign the contracts for Kano-Kaduna and Calabar-Port Harcourt railway projects...

August 31, 2016 No Responses

Developer acquires Tribune Tower

By Robert Channick – Los Angeles-based developer CIM Group has agreed to buy Tribune Tower for up to $240 million, marking the end of media ownership for the historic North Michigan Avenue building and the beginning of a new...

August 31, 2016 No Responses

WestBlue adopts GTBank’s multiple channels for fees collection

The IT Consulting and Technology firm contracted by the Government of Ghana to implement the National Single Window Platform, WestBlue Consulting, has adopted Guaranty Trust Bank’s safe, strong and robust payments and collections channels. A statement iss...

August 30, 2016 No Responses

NSE tasks dealing clerks on professionalism, integrity

The Nigerian Stock Exchange (NSE) has challenged recently qualified dealing clerks to maintain internal values of Professionalism, Integrity, Transparency and Reliability. Speaking at the induction ceremony on Monday, the Chief Executive Officer of NSE, Mr ...

August 30, 2016 No Responses

Ambode appoints Dabiri MD of LAMATA

The Head of Procurement, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abiodun Dabiri, has been named the substantive Managing Director of the Authority by the Lagos State Governor, Mr. Akinwunmi Ambode. His appointment comes about one year aft...

August 30, 2016 No Responses

Peterside condemns assassination of Ken Atsuwete

Dr. Dakuku Peterside has condemned the “barbaric and gruesome assassination” of Barrister Ken Atsuwete in Port Harcourt, the Rivers State capital. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) who was reacting to t...

August 30, 2016 No Responses

NIMASA pledges to fully enforce the implementation of ISPS Code

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has again restated its position in ensuring the full implementation and enforcement of the International Ships and Ports Facility Security (ISPS) code in the nation’s ports. The Director Genera...

August 30, 2016 No Responses

Pay Siasia his emoluments, Dalung tells NFF

The Minister of Youth and Sports, Solomon Dalung, has directed the Nigeria Football Federation (NFF) to pay the U-23 national team’s Coach, Samson Siasia, all his emoluments. Speaking during the visit of Siasia and his wife, Eunice, to Dalung...

August 29, 2016 No Responses

LCCI faults suspension of Banks from forex transactions

The Lagos Chamber of Commerce and Industry (LCCI) on Sunday described the suspension of nine Banks from foreign exchange (forex) transactions as counter productive. LCCI Director General, Muda Yusuf said: “These are shocks that the economy can ill afford....

August 29, 2016 No Responses

Psychology, persuation key to tax administration, says Fowler

Apart from deploying the law, enforcement, technology and mobilization, tax administrators must use psychology, persuasion and being firm to convince their fellow countrymen to pay tax, the Executive Chairman, Federal Inland Revenue Service (FIRS) Mr. Tun...

August 29, 2016 No Responses

Niger Republic begins cargo clearance in Nigeria October

(NAN) Shipping companies in Niger Republic are to return to Nigerian ports in October for cargo clearance, 10 years after they pulled out of Nigeria. A Representative of the national shipping council of Niger Republic, Idi Hamissou, made the disclosure...

August 29, 2016 No Responses

Lagos gives owners of illegal structures 14-day ultimatum

The Lagos State Government has given 14-day ultimatum to owners of illegal structures and street hawkers in Ikoyi, Victoria Island and Lekki areas. According to the Secretary to the State Government, Tunji Bello, owners of such structures should remove them....

August 29, 2016 No Responses

Ezeh tasks judiciary on corruption cases

A former Director-General of the Bureau of Public Procurement (BPP), Engr. Emeka Ezeh has said that it is wrong to see everyone who serves in government as a thief, “because people go into government for different reasons”. He also...

August 29, 2016 No Responses

Moody’s, Augusto rate Heritage Bank high on strong capitalisation, asset quality

Two foremost rating agencies, Moody’s and Augusto & Co. recently affirmed that Heritage Bank’s capitalization remains sound in relation to its low asset risk model and has capacity to generate income from its core business and settle its obligation...