City BusinessNews, Author at City Business News

December 14, 2021 No Responses

New IMO Council To Elect Chair, Vice-Chair Wednesday

The newly elected council of the International Maritime Organization (IMO) will meet for its 126th session on 15 December and will elect its Chair and Vice-Chair for the next two years. The assembly normally meets once every two years in regular sessions. It...

December 13, 2021 No Responses

Shareholders Seek Reduction In Banks’ Mandatory Cash Reserve Ratio

Members of Independence shareholders Association of Nigeria (ISAN) have criticised hike in banks’ mandatory Cash Reserve Ratio (CRR). In a statement on Sunday, ISAN’s founder, Sir Sunny Nwosu, urged the Central Bank of Nigeria (CBN) to reduce t...

December 13, 2021 No Responses

NNPC Records ₦141.96b Trading Surplus

The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of ₦141.96 billion recorded in June 2021, compared to a deficit of ₦37.46 billion in May 2021. A statement issued on Sunday by Garba Muhammad, Group General Manage...

December 13, 2021 No Responses

Chevron Shipping commits To Emissions Reporting

Chevron Shipping Company, a California-based marine transportation unit of oil giant Chevron, has joined the Sea Cargo Charter, a global framework that establishes a common baseline for global traders to report on CO2 emission reductions of their shipping...

December 13, 2021 No Responses

First Bank Unveils Transact And Win Promo, Rewards Firstmonie Wallet Customers

Users of Firstmonie Wallet, the mobile-friendly wallet application by FirstBank are in for an exciting time as they are being rewarded for their continued patronage of its services in a two-month campaign, tagged Transact and Win promo which started on...

December 12, 2021 No Responses

World Bank Applauds Kano State APPEALS Project

The World Bank on Saturday in Kano commended the successes recorded in its Agro-processing Productivity Enhancement and Livelihood Improvement Support Project. Dr Adetunji Oredipe, World Bank Task Team Leader gave the commendation while fi...

December 12, 2021 No Responses

Opinion: Air Peace, Emirates Airline and FG’s Reciprocal Action

By Chidiebere Nwobodo — Despite swirling challenges facing the nation, this is one of the good times to be a proud Nigerian! President Buhari-led government has made me proud. The recent reciprocal reduction of Emirates flights to Nigeria from twenty...

December 12, 2021 No Responses

Hyundai To Unveil Six Electric Vehicles

Hyundai Motor Company has concluded plans to invest S$530million by 2028 to launch six electric car models in India, a market where the company is number two player. “We want to be a key contributor to the electric vehicle story in India,”....

December 12, 2021 No Responses

Samuel Eto’o Elected President Of Cameroon FA

Former international Samuel Eto’o will run Cameroonian football for the next four years after being elected head of the country’s FA on Saturday. The four-time African Footballer of the Year defeated rival Seidou Mbombo Njoya, the fourth vice-presi...