City BusinessNews

December 5, 2016 No Responses

CBN faults alleged unilateral dollar allocation

The Central Bank of Nigeria (CBN) on Sunday denied reports that it allocates dollars unilaterally. CBN Director in charge of Corporate Communications, Mr. Isaac Okoroafor, explained that the CBN had set up an inter-bank foreign exchange market, where anyone who...

December 5, 2016 No Responses

Strategic roles of entrepreneurship in economic growth, by NPA boss

To boost economic growth, the Managing Director of Nigerian Ports Authority (NPA) , Ms Hadiza Bala Usman has emphasised need to promote the activities of medium scale entrepreneurs and foreign investors. Speaking at the Kano Trade fair, the NPA boss...

December 5, 2016 No Responses

‘PayU’ payment system debuts in Nigeria

A global online payment service provider “PayU” has been introduced in Nigeria with innovations that will continue to make the market more competitive. The PayU Payments Nigeria Limited with trading name as “PayU”, according to its Coun...

December 5, 2016 No Responses

West Blue Consulting wins best software development company award

West Blue Consulting, a market leader in ICT services and trade solutions, has been adjudged the “Software Development Company of the Year” at this year’s edition of the Nigeria Technology Awards Night, held in Lagos, recently. Also at the ceremony,...

December 5, 2016 No Responses

2016 SITEI Photo News

L-R: Christine K, Director, Heinrich Boell Foundation; Prof. Okey Onyejekwe, Senior Special Adviser to the Minister of Mines and Steel Development; Dr Orji Ogbonnaya, Director of Communications, NEITI; Bekeme Masade, Convener SITEI; and, Alan Tousignant, Chief...

December 4, 2016 No Responses

Infinity Tyres Photo News

L-R: Mr. Vikas Pandotra, Mr. Jittu Singh, Mr. Vineet Mathur, Mr. Sanjay Singh, Mr. Asghar Pavalkar and Ajoke Ajose at the launch of the 2016 Infinity Tyres Value Drive Promo in Lagos

December 4, 2016 No Responses

FG seeks protection of Cultural Heritage

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for the sensitization of local communities across Africa in order to raise their consciousness about the importance of protecting cultural heritage against marauders. The Minister made ...

December 4, 2016 No Responses

Ogun State honours IITA, AATF and Bill & Melinda Gates Foundation for commitment to agriculture

The International Institute of Tropical Agriculture (IITA), African Agricultural Technology Foundation (AATF), and the Bill & Melinda Gates Foundation were recently honoured by the Ogun State Government for their work on agricultural transformation in Og...

December 4, 2016 No Responses

Elumelu Foundation announces 3rd entrepreneurship programme

On January 1, 2017, The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme. The Programme is the Foundation’s 10-year, $100 million commitment to training, mentoring and funding 10,0...

December 3, 2016 No Responses

Rolls-Royce previews first SUV

Auto News (Nick Gibbs): Rolls-Royce released pictures of the prototype that will be used to develop the brand’s first SUV-styled vehicle. The brand is developing the model under the code name Project Cullinan to launch in 2018. Rolls-Royce, in a stateme...

December 3, 2016 No Responses

Infinity Tyres reward customers with cash, services, others

As part of measures to reward customers in Nigeria for their continued support over the years, foremost tyre, battery and premium automobile accessories brand, Infinity Tyres Limited has unveiled its annual value drive promotion. Now in its 14th edition, the.....

December 3, 2016 No Responses

‘Enabling policies for persons with disabilities are crucial to achieving SDGs’

People with disabilities are the world’s largest minority, says ILO Director-General Guy Ryder. However, their right to productive employment and decent work is frequently denied. Today, the United Nations and the world celebrate the International Day of Per...

December 3, 2016 No Responses

Gambia’s Adama Barrow says shock win heralds ‘new hope’

(BBC) Property developer Adama Barrow says his shock win of the Gambian election heralds new hope for the country. Yahya Jammeh, an authoritarian president who ruled for 22 years, has confirmed he will step down. “I will help him work...

December 2, 2016 No Responses

AfDB, UBA sign $150 million line of credit

The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a $ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. UBA Group Managing Di...