City BusinessNews, Author at City Business News

November 28, 2022 No Responses

Dangote Targets 300,000 Fresh Jobs For Nigerians

Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the company, said that the...

November 28, 2022 No Responses

Presco Wins 2022 Agriculture Sectoral Leader Award

By Moses Ebosele, ebosele@hotmail.com — Presco Plc has emerged winner of sectoral leadership award in Agriculture at the 2022 PEARL Awards held on Sunday in Lagos. The category had Livestock Feeds Plc and Okomu Oil Palm Plc, but, Presco Plc wa...

November 28, 2022 No Responses

Maxus Autos Debuts At Mikano Motors, Displays Strength

Maxus Autos has arrived in Nigeria courtesy one of Nigeria’s fastest growing automotive companies, Mikano International’s Motors division. Under the arrangement, Maxus Auto joins the ZNA (Rich6) and Geely brands, in an exclusive partnership...

November 28, 2022 No Responses

Photo News

L-R: Car Continent; Akpovire Okugbere, Head of Marketing, Mikano Motors, Karima Okunola and Supercars of Nigeria; Ladi Okunola At The Unveiling Of Maxus Autos Courtesy Mikano International’s Motors Division, Lagos, At The Weekend

November 28, 2022 No Responses

Photo News

L-R: Akpovire Okugbere (Car Continent); Ezimorah Dionette (Ride With Miee), Akah Nnanni(Nollywood Star), Grace Anasiudu(Showroom Manager, Mikano Motors), Chijioke Mbonu (National Sales Manager, Mikano Motors), Jemima Osunde (Nollywood Star), LadiOkunola (Super...

November 27, 2022 No Responses

Kano Seals Chinese Metal Recycling Firm

Kano State Committee on Sanitation shut a Chinese metal recycling plant in Kano on Saturday for operating during the monthly environmental sanitation exercise. It also slammed a N5 million fine on the company for the transgression. The committee’...

November 27, 2022 No Responses

Jaguar Land Rover Cuts Output

Carmaker Jaguar Land Rover (JLR) is reducing output at its factories in Solihull and Halewood, United Kingdom until the spring, due to ongoing problems obtaining enough computer chips for new vehicles. The action is expected to affect the output of...

November 27, 2022 No Responses

Air Peace Boosts Operations With Two New Airbus

Nigeria’s leading airline, Air Peace, has received two new Airbus 320 aircraft to support its operations. A statement sent to City Business News by the airline on Saturday explained that with the new aircraft, the airline has increased ...

November 26, 2022 No Responses

Emefiele: Nigeria’s Rising Inflation Consistent With Global Trend

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, on Friday said the steady increase in headline inflation from 15.60 per cent in January to 20.77 per cent in September was consistent with global trends. Emefiele said this at the 57t...

November 26, 2022 No Responses

FRSC Decries Killing Of Two Personnel

The Acting Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Biu, on Friday decried incessant knock down and crushing of patrol operatives. Reacting to crushing of two patrol operatives by a truck driver along Ikot-Ikpene – Aba route on Friday,...

November 26, 2022 No Responses

Okowa Mourns Sammie Okposo

Governor of Delta State, Ifeanyi Okowa has commiserated with the Okposo family and people of Isoko in the state over the passing of renowned gospel singer, Sammie Okposo. Okowa’s condolence was conveyed in a statement by his&nb...

November 25, 2022 No Responses

Oil Muted As Price Cap Proposal Eases Supply Concerns

Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how much...

November 25, 2022 No Responses

CAC: AGMs By Proxies To Cease From Jan 1, 2023

Guidelines on use of proxies by public companies for Annual General Meetings (AGMs) will cease to apply from January 1, 2023, the Corporate Affairs Commission (CAC) has said. The CAC Registrars-General (RG), A.G Abubakar, said this at one-day Independent...

November 25, 2022 No Responses

Dana Air Resumes Abuja To Owerri, Enugu Flights Dec 9

Dana Air has announced the resumption of its Abuja to Owerri, Enugu service from December 9, 2022. A statement sent to City Business News by spokesman of Dana Air read: ”We are gradually opening our prime routes to offer superior options...