News Archives — Page 719 of 723

October 21, 2015 No Responses

Cargo Tracking Note Gets FG Support

THE Federal Government has pledged to support the full implementation of International Cargo Tracking Note (ICTN) at Nigerian Ports. The ICTN is a web-based technological tool that monitors cargo from port of loading to destination. Receiving a delegation of the...

October 20, 2015 No Responses

Fidelity Bank targets new opportunities

THE Group Managing Director of Fidelity Bank Plc, Nnadi Okonkwo has assured its customers and other stakeholders that the bank was well repositioned to leverage opportunities that would emerge from the new administration. Addressing Stockbrokers in Lagos, he e...

October 20, 2015 No Responses

Buhari visit Cross Rivers today

PRESIDENT Muhammed Buhari is to visit Cross Rivers State today to kick off the construction of 260 kilometre six-lane super highway in Calabar, the state capital. Already, the State governor, Ben Ayade, has restated government’s readiness to host the Preside...

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 establi...

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...