Tag: Nigeria

Kia renovates healthcare center
November 17, 2017 No Responses

Kia renovates healthcare center

Kia Motors Corporation has formally handed over a healthcare center in the town of Mayuge in eastern Uganda, having funded the build of the facility and its day-to-day management during a start-up phase. The center, which provides much-needed medical support...
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AAAF empowers widows, orphans, others in Northern Nigeria
November 17, 2017 No Responses

AAAF empowers widows, orphans, others in Northern Nigeria

Since the inception of its Northern Nigeria operations few years ago, the Ajoke Ayisat Afolabi Foundation, the philanthropic arm of SIFAX Group, has empowered over 6,000 indigents people, including destitute, widows and orphans.  This was disclosed by the fou...
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CFAO Photo News
November 17, 2017 No Responses

CFAO Photo News

Mr Thomas Pelletier, Country Manager, CFAO Nigeria introducing the first Fuso Truck assembled in Lagos during the official commissioning of Fuso Assembly Plant in Lagos on Thursday
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Local govt seeks partnership with NIMASA on Apapa gridlock
November 16, 2017 No Responses

Local govt seeks partnership with NIMASA on Apapa gridlock

In a bid to find a lasting solution to the Apapa gridlock, the Apapa Local Government Chairman, Honourable Adele Owolabi has sought partnership with the Nigerian Maritime Administration and Safety Agency (NIMASA) in order to restore sanity to the Apapa...
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Ghana budgets $13.9b for 2018
November 16, 2017 No Responses

Ghana budgets $13.9b for 2018

The Ghanaian government plans to spend 13.9 billion dollars (62 billion Ghana cedis) in the 2018 fiscal year, the country’s finance minister said on Wednesday. Presenting the government’s fiscal policy to parliament, Kenneth Ofori-Atta, said the budget, w...
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Airbus gets order for 450 aircraft worth $49.5b
November 16, 2017 No Responses

Airbus gets order for 450 aircraft worth $49.5b

Airbus has struck its biggest single deal with an order for 430 aircraft worth $49.5bn at list prices from US investment firm Indigo Partners. Indigo, whose interests include Europe’s Wizz Air, US-based Frontier, and Mexico’s Volaris, will buy Airb...
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Akeredolu lauds BPE’s privatisation agenda
November 16, 2017 No Responses

Akeredolu lauds BPE’s privatisation agenda

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, has commended the Bureau of Public Enterprises (BPE) for its reform and privatization transactions in the country, especially in the telecom sector which has deepened and transformed the Nigerian economy. ...
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Dana Air Photo News
November 16, 2017 No Responses

Dana Air Photo News

L-R Manager, Flight Ops and Quality Assurance, Captain Olukayode Ola, Dana Air’s Chief Pilot, Captain Jemitola Ayorinde, Accountable Manager/ Chief Operating Officer of Dana Air Obi Mbanuzuo and The Area Manager, South West IATA, Dr Samson Fatokun during...
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FG revokes residence permit of expatriate staff of six firms
November 16, 2017 No Responses

FG revokes residence permit of expatriate staff of six firms

The Federal Government, through the Nigeria Immigration Service (NIS), has revoked the residence permit of expatriate staff of six companies operating in the country.  The Comptroller-General of the NIS, Mr Muhammad Babandede, announced this in Abuja on Wedn...
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Shareholders to Tinubu: You must resign to save Oando from further trouble
November 16, 2017 No Responses

Shareholders to Tinubu: You must resign to save Oando from further trouble

The crisis rocking Oando Plc assumed another dimension on Wednesday as a group of shareholders called on the embattled company’s management team led by its Group Chief Executive, Wale Tinubu to resign.  President of the Trusted Shareholders’ Association...
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Labour seeks panel on new national minimum wage
November 15, 2017 No Responses

Labour seeks panel on new national minimum wage

By citybusinessnews@yahoo.com –        The Association of Senior Civil Servant of Nigeria (ASCSN) has advised the Federal Government to constitute a panel to negotiate new national minimum wage.   In an address delivered on Tuesday in Enugu b...
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Report predicts drastic drop in Vehicle sales
November 15, 2017 No Responses

Report predicts drastic drop in Vehicle sales

Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services such as Uber, according to a study by IHS Markit. Annual private vehicle sales in the U.S., Europe, China and India will decline over the...
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Market capitalisation depreciates by N124billion
November 15, 2017 No Responses

Market capitalisation depreciates by N124billion

Transactions on the floor of Nigerian Stock Exchange (NSE) ended on Tuesday in the negative territory as market capitalisation dropped by N124billion.   Specifically, the market capitalisation lost N124 billion or 0.96 per cent to close at N12.789 trilli...
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Egina FPSO gulps $3b, to arrive Nigeria in 2018
November 15, 2017 one Response

Egina FPSO gulps $3b, to arrive Nigeria in 2018

South Korean shipbuilder Samsung Heavy Industries (SHI) waved goodbye to Egina floating production storage and offloading (FPSO), which departed on a journey to Nigeria on October 31. Featuring a length of 330 meters, a width of 61  meters, the unit...
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