Nigeria – Page 678 – City Business News

August 24, 2016 No Responses

Workers fault proposed airport concession

The National Union of Air Transport Employees (NUATE) and Air Transport Services Senior Staff Association (ATSSSAN) on Tuesday in Lagos and Abuja, staged a protest against the proposed concession of four international airport terminals by the Federal Government. According to...

August 24, 2016 No Responses

COSCO Shipping places order for four Asphalt Carriers

COSCO Shipping’s subsidiary Cosco Southern Asphalt Shipping has ordered four 7,500 dwt asphalt carriers from Chinese shipbuilder CSSC Chengxi Shipyard. The company explained that the new ships would serve both short-range routes as well as the company’s ...

August 24, 2016 No Responses

All set for NSE, Bloomberg 2nd CEO Roundtable

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg Chief Executive Officer (CEO) Roundtable Event on Wednesday, 31st August 2016 at the Stock Exchange House, Marina, Lagos. According to a statement, the...

August 24, 2016 No Responses

Boko Haram:Kerry lauds Nigeria’s success

The United State Secretary of State, John Kerry has commended Nigeria on its military successes against Boko Haram. However, he advised the Federal Government to include other measures in its crack down on the group. Speaking in Sokoto,...

August 24, 2016 No Responses

Ford partners Jose Cuervo on car parts from Agave

Ford Motor Company is teaming up with Jose Cuervo to explore the use of the tequila producer’s agave plant byproduct to develop more sustainable bioplastics to employ in Ford vehicles. Ford and Jose Cuervo are testing the bioplastic for use...

August 23, 2016 No Responses

Manufacturers to get 60% forex

Still in search of a healing balm for the economy, the Central Bank of Nigeria (CBN) has directed Authorised Dealers (banks) to allocate 60 per cent of their Foreign Exchange, (forex) purchases from all sources (interbank inclusive) to manufacturers an...

August 23, 2016 No Responses

PwC seeks change of tactics for Oil & Gas industry in Africa

The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil & gas revenue, a new report put together by PwC...

August 23, 2016 No Responses

Maersk Line, CCS seal Cooperation Deal

Danish shipping company Maersk Line has entered into a Memorandum of Understanding (MOU) with China Classification Society (CCS) on technical exchanges. Under the agreement, signed on August 16, Maersk and CCS are set to start technical exchanges and cooperat...

August 23, 2016 No Responses

TUC faults proposed 9% hike on telephone calls, SMS, others

The Trade Union Congress of Nigeria (TUC) has condemned Federal Government’s proposed imposition of Communication Service Tax (CST) “as recently mooted by the Minister of Communication, Mr. Adebayo Shittu”. TUC in statement issued by Its President B...

August 23, 2016 No Responses

Kerry meets Buhari, others

The United States Secretary of State, John Kerry, who visits Nigeria on Tuesday, August 23, 2016 (today), is scheduled to have a private audience with President Muhammadu Buhari at the Presidential Villa, Abuja. According to available information, Kerry i...

August 22, 2016 No Responses

Wema Bank to raise N50b

To expand on its expansion drive and ensure profitability, the Board and Management of Wema Bank has concluded plans to raise N50 Billion tier two capital through bonds. According to the Bank, plans are underway to raise N20 billion...

August 22, 2016 No Responses

FG to train 500 ex-militants in farming

The Federal Government will train 500 ex-militants in agriculture and aquaculture under its amnesty programme, an official has said. The Special Adviser to the President on Niger Delta, Paul Boro, disclosed this to the News Agency of Nigeria shortly after...

August 22, 2016 No Responses

Niger Delta Avengers declare ceasefire

The militant group, Niger Delta Avengers has declared ceasefire and announced its willingness to dialogue with the Federal Government. “We are going to continue the observation of our announced ceasefire of hostilities in the Niger Delta against the m...

August 22, 2016 No Responses

Police recruitment test begins today

Barring any last minute test, the Police Service Commission will conduct aptitude test for shortlisted applicants for recruitment into the Nigeria Police Force on August 22 across the country. According to a statement issued by the Head, Press and Public.....