Nigeria Archives — Page 622 of 675

November 11, 2016 No Responses

Maritime’s role critical in economic recovery efforts, says NPA Chairman

The maritime sector has critical role to play in the ongoing efforts to reposition Nigeria’s economy, the Board Chairman of Nigerian Ports Authority (NPA), Mr Emmanuel Adesoye has said. The obvervations were made by Adesoye and members of the...

November 11, 2016 No Responses

FirstBank Lagos Amateur Golf open championship tees-off

First Bank of Nigeria Limited has announced that it is set to host this year’s edition of the Lagos Amateur Golf Championship. The prestigious tournament, scheduled to tee-off on the lush greens of Ikoyi Club 1938, Lagos on Saturday,...

November 11, 2016 No Responses

Zuma survives no-confidence vote

A motion of no confidence in South Africa’s President Jacob Zuma has been defeated in parliament despite a spate of recent corruption scandals. An anti-corruption probe last week raised allegations of misconduct against Mr Zuma. Mr Zuma’s African N...

November 11, 2016 No Responses

NPA Photo News

R-L: Port Manager Rivers Port, Umar Abubakar; Chairman NPA Board Chairman, Mr. Emmanuel Adesoye and other members (Umar Shuaibu, Charles Efe Sylvester and Barr. Constance Harry Marshal) , during the tour of Rivers Port.

November 10, 2016 No Responses

Intels explains $909.2m commitments as diversion of cargo threatens GMT target

The illegal diversion of cargo to non designated facilities is a direct threat to the Guaranteed Minimum Tonnage (GMT) target as provided in the Seaport concession agreement, the management of Integrated Logistcis Services (Intels) has said. Briefing the Bo...

November 10, 2016 No Responses

Europe: Arik gets certification

The European Aviation Safety Agency (EASA) has granted Arik Air Third Country Operator (TCO) authorisation, which allows it to operate to any European country. The airline made the announcement in a statement by its Communications Manager, Ola Adebanji, which ...

November 10, 2016 No Responses

Firms weigh impact of Donald Trump win

(WSJ) Executives world-wide encountered a political and economic landscape radically changed by Donald Trump’s surprise election, which reverberated through the energy, health-care and manufacturing sectors. U.S. businesses braced for revamped trade pacts an...

November 10, 2016 No Responses

Omar, former Somali refugee elected legislator in US

(BBC)Ilhan Omar, 34, has made history by becoming the first Somali legislator in the United States. A former refugee, the Somali-born activist has been elected to serve as an MP in the US state of Minnesota. The Muslim Somali-American woman...

November 9, 2016 No Responses

Senate faults rail track concession deal with General Electric

Citing lack of due process, the Nigerian Senate on Tuesday commenced investigation into the concession of Eastern and Western rail lines to General Electric (GE). According to the Senate, the contract entered into with the United States Company did not...

November 9, 2016 No Responses

Dangote to generate another 250,000 jobs

Dangote Group is to generate another 250,000 employment opportunities for Nigerians through new investments in agriculture, sugar, oil refinery and fertilisers. Quoting the Group, the News Agency of Nigeria (NAN) report that the projects sited in some state...

November 9, 2016 No Responses

PDP raises committee on merger

The Peoples Democratic Party (PDP) caretaker committee under the leadership of Senator Ahmed Makarfi on Tuesday inaugurated a 115-member strategy review and inter-party affairs committee charged with the possibility to work-out possible merger with other p...

November 9, 2016 No Responses

NSE Photo News

L – R shows Efiok E. Efiok, Head, Investment Management Department, Securities and Exchange Commission (SEC); Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Hajara Adeola, Managing Director, Lotus Capital Limited; Garet...

November 9, 2016 No Responses

Rail track concession: Deliberate undervaluation, lack of due process

By Segun Esan and Romanus Emezie – On August 12, 2016, the Vice President of Federal Republic of Nigeria announced that the Bureau of Public Enterprises (BPE), in collaboration with Infrastructure Concession Regulatory Commission (ICRC), established th...

November 9, 2016 No Responses

NPA Photo News

Executive Director of NPA (Marine and Operations) Dr Sokonte Davies (Left) and Hon Obinna Chidoka, Chairman House of Representative Committee on Environment during the Committee oversight function to NPA.