Transport Archives — Page 40 of 49

February 1, 2017 No Responses

FG secures $1.5b loan for Lagos-Ibadan rail project

The Federal Government has secured $1.5 billion from the China Exim Bank to begin work on the Lagos-Ibadan rail line project. Briefing the Senate Committee on Land Transport, chaired by Gbenga Ashafa, Minister of Transport, Rotimi Amaechi explained that the...

January 31, 2017 No Responses

Weststar Associates reinterates commitment to quality after-sales support

Weststars Associates Limited, representative of Mercedes-Benz in Nigeria on Mondayreiterated its commitment to sustain quality after-sales support. Conducting Mr Moses Ebosele, Publisher of CityBusinessNews online (www.citybusinessnews.com) round the compa...

January 30, 2017 No Responses

Bank approves N408b for Lagos-Ibadan rail project

Barely one week after the Federal Government announced the release of N72billion as its counterpart fund for the construction of the Lagos-Ibadan standard gauge rail line, the Export-Import Bank of China has approved $1.275bn (about N408bn) loan for the pr...

January 29, 2017 No Responses

Dana Air unveils low fares for Valentine

Dana Air has launched a valentine campaign to afford guests of the airline the opportunity to fly for less when they book a return ticket on any of the airlines’ route network. According to Dana Air’s Communications Manager, Kingsley Ezenwa,...

January 28, 2017 8 Responses

2016: Hyundai delivers 4.86m vehicles worldwide

Hyundai Motor Company has announced its 2016 full-year business results. According to the company, sales volume and operating profit declined from the same period last year “due to high production cost caused by series of labour strikes and continued economi...

January 25, 2017 No Responses

FG tasks General Electric CEO on $2b East-West rail project

The Vice President, Prof. Yemi Osinbajo, on Tuesday in Abuja urged a delegation from General Electric (GE) led by its Global Chief Eexecutive Officer, Jeff Immelt to speed up its infrastructural engagements in Nigeria. One of such engagements according to...

January 25, 2017 No Responses

NSC donates Toyota Hilux van to Marine Police Command

The Nigerian Shippers’ Council (NSC) has donated a Toyota Hilux patrol van to the Marine Police Command to aid their operations at the ports. The Executive Secretary and Chief Executive Officer of the Council, Mr. Hassan Bello, while handing the...

January 25, 2017 No Responses

BMW unveils 2018 4 Series

BMW has announced updates to the 2018 BMW 4 Series. Available in three distinct body variants, the BMW 4 Series according to the company embodies the very essence of dynamics and aesthetic appeal in the premium segment. “The arrival of...

January 24, 2017 No Responses

FG releases N72b for Lagos/Ibadan rail project

As part of its commitment to the Lagos-Ibadan rail development project, the Federal Government has released N72 billion of its counterpart funding. Minister of Transportation, Rotimi Amaechi who disclosed the development on Monday explained that Chinese partne...

January 21, 2017 No Responses

BMW, Daimler to expand purchasing deal

(Auto News) BMW Group plans to expand its cooperation with Daimler in purchasing components, the automaker’s new head of purchasing, Markus Duesmann, said in an interview with the Frankfurter Allgemeine Zeitung. “It’s not been fully exploited...

January 21, 2017 14 Responses

NPA Photo News

L-R: Managing Director, Nigerian Ports Authority, Hadiza Bala Usman; Minister of Transportation, Rotimi Chibuike Amaechi; Chaiman Fish Owner Forum, Mrs. Margret Orakusi; Managing Director, Atlantic Shrimpers Limited, Kamlesh Kabra during the Minister’s f...

January 20, 2017 No Responses

‘Amendments to MLC 2006 ensures adequate protection for seafarers, families’

The first amendments to the Maritime Labour Convention, 2006 (MLC, 2006) which ensure better protection to seafarers and their families in case of abandonment, death and long-term disability entered into force on 18 January 2017. The amendments were approved...

January 18, 2017 No Responses

Ship wreck removal comes under scrutiny

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to revisit procedure of wreck removal from Nigerian waters Speaking at a forum of the News Agency of Nigeria (NAN) in Abuja, Director General of the agency, Dakuku Peterside explained that...