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Peterside fully prepared to showcase Nigerian maritime potential at AAMA, exploits opportunity for economic dev

  .Secretary-General of IMO, Mr. Kitack Lim‘ll lead delegation of UN body to event .32 African countries to participate in AAMA  .AAMA commences on 19th -21st of April,2017 (TRADE NEWSWIRE): An astute Management Professional and the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, is ready to showcase Nigerian maritime potential to world at the forthcoming ...

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Bombardier board approves proposal to cut chairman’s pay

REUTERS: Bombardier Inc said its board of directors approved a proposal to slash Executive Chairman Pierre Beaudoin’s pay by US$1.4 million, bringing his 2016 compensation to US$3.8 million, equal to his remuneration for 2015. The move comes after Beaudoin asked the board to reset his compensation as the rise in pay had “become a distraction” from the company’s regular work. ...

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V-Exchange’s patent violation claim wrong because NCC approved our KwikCash Service since April 20, 2016 before its Oct 27, 2016 proposal- Etisalat

  (TRADE NEWSWIRE): Etisalat Nigeria has denied the claim of patent infringement by V-Exchange Ltd. which was reported recently in the media not TRADE NEWSWIRE, TRADE NEWSWIRE reports The management of V-Exchange claimed that it sent a business proposal dated 27th October, 2016 to Etisalat and subsequently met with Etisalat’s representatives on 23rd, November 2016, where it informed Etisalat of ...

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It is our ethical creed to be socially responsible to the society- NPA MD Hadiza Bala Usman

(TRADE NEWSWIRE): The Management of the Nigerian Ports Authority (NPA) has stated its firm resolve at sustaining the commitment it had established concerning her corporate social responsibility efforts across the country, TRADE NEWSWIRE reports. The Managing Director of the Organization Hadiza Bala Usman gave this information to a cross section of newsmen in Maiduguri, Borno State whilst handing over relief ...

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Countdown to AAMA 2017: President Buhari meets African Maritime Chieftains, as NIMASA shifts world’s attention to Nigeria

  .Few days to AAMA 2017 Conference (TRADE NEWSWIRE): President Mummadu Buhari will later this month on April 20 meet a body of African Maritime leaders under the aegis of Association of African Maritime Administration (AAMA) from across the continent to brainstorm on ways in which Africa can come together to maximize the economic opportunities of the continent’s large ocean, ...

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Trump May Reopen Atlantic, Arctic Offshore Leases

On Thursday, Secretary of the Interior Ryan Zinke told an industry conference in Washington, D.C. that President Donald Trump will sign an executive order to open offshore oil and gas lease auctions for America’s Atlantic and Arctic waters, reversing the Obama administration’s decision to exclude these areas from new activity. The measure may be a boon to the recovering offshore ...

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Fighter Plane Spotted on South China Sea Island

A Chinese fighter plane has been spotted on the Chinese-held Woody Island in the South China Sea, the first such sighting since U.S. President Donald Trump took office.The sighting of the J-11 fighter was reported by the Asia Maritime Transparency Initiative on March 29, with the news being released shortly before Trump met with Chinese President Xi Jinping in Florida ...

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US employment growth seen slowing as warm weather boost fades

WASHINGTON: U.S. job growth likely slowed in March after unseasonably mild weather boosted hiring over the prior two months, but the pace of gains should underscore the economy’s strength despite a recent slowdown in economic growth. Nonfarm payrolls probably increased by 180,000 jobs last month, according to a Reuters survey of economists, near 2016’s 187,000 monthly average job growth. The ...

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Samsung heir accused of bribery, perjury as trial opens

SEOUL: The heir to the huge Samsung business empire appeared in court Friday (Apr 7) at the start of his trial for embezzlement and perjury, part of a corruption scandal that brought down South Korea’s president. Lee Jae-Yong, the vice-chairman of Samsung Electronics, was brought into the Seoul Central District Court bound and handcuffed. Lee, who was arrested in February, ...

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Shell sells Hong Kong, Macau energy assets

LONDON: Royal Dutch Shell on Wednesday (Apr 5) announced the sale of its liquefied petroleum gas business in Hong Kong and Macau to Irish group DCC Energy for US$150.3 million (€141 million). “This sale supports Shell’s strategic commitment to focus downstream activities on areas where we can be most competitive,” said Shell Downstream Director John Abbott. “This is one of ...

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