City BusinessNews, Author at City Business News

January 12, 2022 No Responses

Opinion: Nigeria – A New Year But Same Old Story?

By Lukman Otunuga, Senior Research Analyst at FXTM — 2022 could be a critical year for Africa’s largest economy as it navigates through Covid-19 and inflation-infested waters. Global economic conditions remain strained by the coronavirus menace while soaring inflation across...

January 12, 2022 No Responses

Toyota Nigeria Gets Multiple Awards

Toyota Nigeria Limited (TNL), recently, occupied the centre stage at the 2021 edition of the annual Nigeria Auto Journalists Association (NAJA) awards held in Lagos State, Nigeria. TNL got three prized products awards and received the biggest ...

January 12, 2022 No Responses

Air Peace CEO To Eagles: If You Win AFCON Cup, I’ll Give You N50m; Gifts N10m For Goal Scored In Opening Match Against Egypt

Air Peace Chairman and Chief Executive Officer, Allen Onyema, in his characteristic culture of philanthropy and nationalism, has promised to give the Nigerian Super Eagles N5O million, if they win the ongoing African Cup of Nations, which kicked off on...

January 12, 2022 No Responses

Catholic Archdiocese Of Jos Gets Acting Chancellor

Most Rev. Mathew Audu, the Catholic Archbishop of Jos, has appointed Rev. Fr. Daniel Gyang, as Acting Chancellor of the archdiocese. The appointment was announced in a statement signed by the archbishop on Tuesday in Jos. According to the statement...

January 12, 2022 No Responses

Buhari Mourns Shonekan

President Muhammadu Buhari has expressed sadness over the news of the death of a great statesman and former Head of the Interim National Government, Chief Ernest Shonekan. The president, in a statement by his spokesman, Mr Femi Adesina, on Tuesday...

January 12, 2022 No Responses

Lagos Shippers To Monitor Cargo Defence Fund

The Shippers Association of Lagos State (SALS) on Tuesday said it would monitor the implementation of the Cargo Defence Fund to make it effective. The spokesperson for SALS, Dr Kayode Farinto, made this known at a news conference in Lagos. ...

January 11, 2022 No Responses

Nigeria, Greece Sign MoU On Economy, Security

The Federal Government has signed a Memorandum of Understanding (MoU) with the Hellenic Republic of Greece to strengthen bilateral ties, Nigeria’s economy diversification, and security, among others. Nigeria’s Minister of Foreign Affairs, Geoffrey On...

January 11, 2022 No Responses

Rolls-Royce Delivers 5,586 Cars In 2021

By Moses Ebosele, ebosele@hotmail.com Between January and December 2021, Rolls-Royce Motor Cars delivered 5,586 cars to clients around the world, up 49 per cent when compared with same period in 2020. Rolls-Royce in a statement on Monday described t...

January 11, 2022 No Responses

Photo News

L-R: Director, Mainstreet Capital Ltd, Mr Mamman Bukar Zargana, Group CEO Emerging Africa Capital Ltd, Mrs Toyin Sanni and Director General, Securities and Exchange Commission (SEC), Mr Lamido Yuguda during a Meeting between The SEC and Financial Literacy Comm...

January 11, 2022 No Responses

Unlawful Arrest: Court Awards N100m Compensation In Favour Of Oyo Businessman

An Oyo State High Court sitting in Oyo Town on Monday awarded N100 million as compensation in favour of an Oyo based businessman, Mr Azeez Akintunde, over his unlawful arrest. Justice Elijah Taiwo delivered the judgment in a suit filed...

January 11, 2022 No Responses

FAAN Hands Over 90 Touts To Police In Lagos, Abuja

As part of effort to rid the nation’s airports of touting and extortion, the Federal Airports Authority of Nigeria (FAAN) has arrested over 90 persons, caught at both the Murtala Muhammed Airport, Lagos, and Nnamdi Azikiwe International Airport, Abuja, alleg...

January 11, 2022 No Responses

2023: Diri, Wike Predict Victory For PDP

Bayelsa State Governor. Douye Diri and his Rivers State counterpart, Nyesom Wike, have predicted victory for the opposition Peoples Democratic Party (PDP) in the 2023 presidential election.Both governors spoke on Monday when Wike visited Diri at the Government...

January 11, 2022 No Responses

Tinubu’s Presidential Ambition Excites Lagos APC

The Chairman-elect of All Progressives Congress (APC) in Lagos State, Mr Cornelius Ojelabi, has commended the party’s National Leader, Sen. Bola Tinubu, for formally informing President Muhammadu Buhari of his 2023 Presidential ambition. Tinubu, after ...

January 11, 2022 No Responses

UAE To Introduce Green Ship Recycling Regulations In 2022

The United Arab Emirates (UAE) is making progress with national ship recycling regulations that are expected to be unveiled during 2022. The move is said to be in line with UAE’s commitment to responsible ship recycling practices and comes at...