City BusinessNews

January 6, 2017 No Responses

NUPENG shuts down Total Plc

Citing termination of employment, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has ordered stoppage of loading activities at all Total Nigeria depots nationwide. In a statement on Thursday, the South-West Chairman of the union, Tokunbo Korodo, said:“In...

January 6, 2017 No Responses

Ghana ratifies trade facilitation agreement with WTO

Ghana has ratified its Trade Facilitation Agreement (TFA) with the Word Trade Organisation (WTO). Ghana’s instrument of acceptance was submitted to the WTO on 4 January. The TFA will enter into force once two-thirds of the WTO membership has formally...

January 6, 2017 2 Responses

Firm unveils N14.5m Insurance cover for Journalists

FBN Insurance Limited has provided a Group Family Shield cover valued at N14.5m for the members of the National Association of Insurance and Pension Correspondents (NAIPCO). Speaking during official presentation of the policy certificate to the leadership of N...

January 6, 2017 No Responses

Kia releases first images of all-new Picanto

Kia Motors has released images of the all-new Picanto, the third-generation of one of Kia’s global best-selling cars. Created by Kia’s design centres in Namyang, Korea and Frankfurt, Germany, the new Picanto according to its manufacturers brings youthful a...

January 6, 2017 No Responses

NCS Photo News

Former Public Relation Officer (PRO) of Nigeria Customs Service (NCS), Wale Adeniyi (Left), exchanging gift with his successor, Joseph Attah

January 5, 2017 No Responses

Sahara Energy, 38 others get NNPC crude lifting contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday named Sahara Energy, Oando, MRS and 36 others as successful bidders of its 2007/2018 crude oil term contract, effective January 1, 2017. According to NNPC, the 39 successful bidders comprised 1...

January 5, 2017 No Responses

Customs zone ‘A’ records N1.3B seizures in December

For the month of December, 2016, the Federal Operations Unit (FOU), Zone ‘A’ of Nigeria Customs Service (NCS), recorded N1.3 Billion seizures and commenced the prosecution of alleged smugglers including two Chines nationals. The Zone also inten...

January 5, 2017 No Responses

Rights Issue: Guinness Nigeria to hold EGM

Guinness Nigeria Plc is to hold an Extraordinary General Meeting (EGM) on January 24, 2017to secure Shareholders approval for a rights issue. In a statement, the company explained that it believed that the rights issue would allow the company to...

January 5, 2017 No Responses

‘Demand for BMW 7 Series up by 39 %’

Between January and December 2016, demand for BMW 7 Series increased by 39 per cent to 12,918 in the United States of America (USA). The BMW X1 also set a new sales record with 27,812 units, a 92.9 percent increase...

January 5, 2017 No Responses

Cosco Shipping, FAW seal vehicle transportation partnership

China Cosco Shipping Group (Coscocs) has entered into a strategic agreement with Chinese state-owned automaker FAW Group for the transportation of vehicles and components. Under the agreement, signed on January 3 in Shanghai, the parties also plan to strength...

January 5, 2017 No Responses

First Bank Photo News

Deputy Managing Director, FirstBank, Gbenga Shobo (Middle); Executive Chairman and CEO of EbonyLife TV, Mo Abudu ( third left); Group Head, Marketing and Corporate Communications, FirstBank, Folake Ani-Mumuney (second right) presenting the star prize to the wi...

January 4, 2017 No Responses

Presco, Conoil, others join NSE 30 index

Presco Plc, quoted in the agricultural sector of the Nigerian Stock Exchange (NSE) has been admitted into the NSE 30 index. The development, which is based on the NSE bi-annual review, became operational, January 3, 2017. Also included in the...

January 4, 2017 No Responses

Adeniyi, ex-Customs PRO lauds media, maritime stakeholders

The immediate past Public Relations Officer (PRO) of Nigeria Customs Service (NCS), Mr Wale Adeniyi has commended Journalists and all stakeholders in the maritime sector for their support during his reign as the spokesperson of Customs. Adeniyi and 245 others....

January 4, 2017 No Responses

Dakar 2017: Team Toyota wins opening stage

(Wheels 24)-It was a picture perfect start for Toyota Gazoo Racing SA, as Nasser Al-Attiyah and navigator Mathieu Baumel (#301) triumphed in the opening stage of the race, a 26th stage victory for Al-Attiyah on the Dakar Rally. Giniel de...