Nigeria – Page 722 – City Business News

October 13, 2016 No Responses

UBA profit hits N62 Billion in nine months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (UBA), has announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents 18.2% annualized return...

October 13, 2016 No Responses

Minister pledges full implementation of ISPS Code

The Federal Government has reiterated Nigeria’s commitment to maritime security through the full implementation of the International Ship and Port Facility Security (ISPS) code. This commitment was made by the Minister of Transportation, Rotimi Chibuike A...

October 13, 2016 No Responses

Emirates Photo News

L-R Nigerian Actress/MC of Occasion, Mrs Shaffy Bello; Emirates Sales Manager ,Sales & Commercial, Mr Eghe Ekhator; CEO Modela Courture, Mr Adebayo Adegbe; FADAN President, Mrs Funmi Ladipo; and FADAN Ambassador/CEO Tiannah Styling, Mrs Toyin Lawani, at ...

October 12, 2016 No Responses

‘Clean environment at Seaports, good health critical in operational efficiency’

The management of Nigerian Ports Authority (NPA) has reiterated its resolve to make the Nation’s Seaports a pride worthy of emulation in line with International Standards. According to NPA, the resolve is attainable through adherence to better sanitization...

October 12, 2016 No Responses

GE confirms interest in $2 billion Nigeria railway concession

(Reuters) General Electric (GE) (GE.N) confirmed its a “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion, the U.S. company said on Monday. Nigerian President Muhammadu Buhari said this month that GE would be ...

October 12, 2016 No Responses

Dangote Group decries ‘malicious use of brand name’

Dangote Group has raised the alarm over the activities of online fraudsters, who according to the Group are maliciously misrepresenting and misusing its brand image and that of its senior executives to defraud unsuspecting members of the public. The fraudste...

October 12, 2016 No Responses

FG to launch Digital Broadcasting in December

The Minister of Information and Culture, Alhaji Lai Mohammed, has assured of the Federal Government’s readiness to launch the DigitalSwitch Over (DSO) in broadcasting in the Federal Capital Territory (FCT), Abuja, by the end of 2016. The Minister gav...

October 12, 2016 No Responses

Ease of doing business and corruption at borders, ports

By Lanre Badmus – After months of mere sound bites and public statements, a Presidential Enabling Business Environment Council has been approved by President Muhammadu Buhari, to drive government’s promise to significantly reduce the cost of doing bu...

October 11, 2016 No Responses

‘Made-In- Nigeria products key to sustained economic growth’

To sustain economic growth, there is the urgent need for Nigeria to focus on Made-in-Nigeria goods and services. Declaring open the 22nd Nigerian Economic Summit in Abuja on Monday, President Muhammadu Buhari explained that diversification of the Nigerian e...

October 11, 2016 No Responses

NPA to introduce tenancy for agencies at Seaports

As part of measures to generate additional revenue, the Nigerian Ports Authority (NPA) is considering renting out all spaces hitherto occupied by Government and Private agencies at the nation’s seaports. NPA’s Executive Director incharge of Marine and...

October 11, 2016 No Responses

Stallion Nissan Donates car to Lagos State Security Trust Fund

Nissan in collaboration with Stallion Group has donated a brand new Nissan Almera car to the Lagos State Security Trust Fund. According to the company, the donation is in praise of the organisation’s efforts in mitigating violent crimes in...

October 11, 2016 No Responses

FG hands over 2 presidential helicopters to Air Force

(NAN) President Muhammadu Buhari on Monday ordered the release of two Augusta AW 101, VVIP helicopters from the Presidential Air Fleet (PAF) to the Nigerian Air Force (NAF) The National Security Adviser, Babagana Monguno, who presented the helicopters to the.....

October 11, 2016 No Responses

NSE Organises First Market Data Workshop

The Nigerian Stock Exchange (NSE) in collaboration with Independent Software Vendors (ISVs) and Market Data Vendors (MDVs) is set to host its inaugural Market Data Workshop, onTuesday, October 18, 2016 at The Civic Center, Victoria Island, Lagos. The wo...

October 11, 2016 No Responses

LCCI Photo News

From left – Deputy President, Lagos Chamber of Commerce and Industry (LCCI), Chief Babatunde Paul Ruwase, FCA; Mrs Omowunmi Gbadamosi, Country Director in Nigeria, Center for International Private Enterprise (CIPE); Managing Director, CIPE, Mr Andrew...