City BusinessNews, Author at City Business News

October 27, 2021 No Responses

Autochek Secures $13.1m To Boost Technology

Automotive technology company in Africa, Autochek , has secured $13.1million in seed funding to boost its technology and deliver efficient services. Mr Etop Ikpe, Founder, Chief Executive Officer, Autochek, in a statement on Tuesday explained that the funding was secured in collaboration...

October 27, 2021 No Responses

Catholic Church Frowns At Private Prayer Ministries Within The Church

The Catholic Church on Tuesday frowned at the proliferation of private prayer ministries within the mother church and warned its priests to desist from it for unity of purpose. The Catholic Archbishop of Lagos, Most Rev. Alfred Adewale-Martins, sounded t...

October 27, 2021 No Responses

Arsenal Beat Leeds To Reach Last Eight

Arsenal boss Mikel Arteta says Eddie Nketiah has a future at the club after he scored to help the Gunners see off Leeds United and reach the Carabao Cup quarter-finals. Substitute Calum Chambers’ header crept over the line seconds of...

October 26, 2021 No Responses

BUA Cement Declares N65.91b Profit In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the third quarter ended September 30, 2021, BUA Cement Plc has declared Profit After Tax of N65.91 billion, 23.22 percent higher than the N53.49 billion attained within same period in 2020. Within the ...

October 26, 2021 No Responses

TotalEnergies Reiterates Support For Young Entrepreneurs

TotalEnergies Nigeria on Tuesday announced the commencement of the third edition of its Startupper Challenge of the Year Challenge, designed to support young entrepreneurs in Nigeria and the African continent. Addressing a virtual news conference in Lagos on...

October 26, 2021 No Responses

NPA Photo News

Representative of the Acting Managing Director of the Nigerian Ports Authority (NPA), the Executive Director, Engineering and Technical Services, Prof. Idris Abubakar (4th left), the General Officer Commanding (GOC) 81 Division of the Nigerian Army, Major Gene...

October 26, 2021 No Responses

Nigerian Navy To Establish More Jetties

The Eastern Naval Command of the Nigerian Navy has solicited a special intervention fund from the House of Representatives to establish more jetties within the Command’s area of responsibility. Flag Officer Commanding Eastern Naval Command, Rear Adm. S...

October 26, 2021 No Responses

TotalEnergies Unveils Agenda For Autogas Stations In Abuja, Lagos

TotalEnergies Nigeria Plc has concuded plans to establish two Compressed Natural Gas (CNG) stations in Abuja and Lagos. Speaking on Tuesday in Lagos at the 15th Oil Trading and Logistics (OTL) Africa Petroleum Downstream Expo 2021, Managin...

October 26, 2021 No Responses

Imumolen: ENDSARS Is About Fixing The Economy

The recent #ENDSARS protests recorded in some parts of the country is beyond mere agitations to the activities of the police, but beyond that is the need for the government to fix the economy, which is moribund, Convener of Nigeria Peace...

October 26, 2021 No Responses

Brazilian Govt, Embraer Celebrate Air Peace At 7

By ebosele@hotmail.com — The Brazilian Government, represented by the Head of Mission, Embassy of Brazil in Nigeria, Ambassador Ricardo Guerra de Araujo, and the country’s aerospace conglomerate, Embraer, have lauded Air Peace as the airline marks i...

October 26, 2021 No Responses

Navy Takes Delivery Of Four Ballistic Gunboats

Nigerian Navy on Monday, took delivery of four ballistics gunboats to boost its fight against oil theft and sea robbery which has been commonplace in the Niger Delta. The Chief of Defence Staff, Gen. Leo Irabor, said at the induction...

October 26, 2021 No Responses

Akwa Ibom Budgets ₦582.12b For 2022

Akwa Ibom State Governor, Udom Emmanuel on Monday presented to the state House of Assembly a proposed budget of N582.115 billion for the 2022 Financial Year. . Christened “Budget of re-defining Standards,” the Appropriation Bill comprised of N26...

October 26, 2021 No Responses

CBN Explains Guidelines For eNaira

The Central Bank of Nigeria (CBN) has released regulatory guidelines for eNaira launched by President Muhamadu Buhari on Monday, October 25, 2021. The eNaira speedwallet app meant for individuals had, as at 4.pm on Monday seen ...

October 26, 2021 No Responses

Q3: Nestle Nigeria Attains N33.58b Profit, To Pay 25k Interim Dividend

By ebosele@hotmail.com — For the third quarter ended September 30, 2021, Nestlé Nigeria Plc attained profit after tax (PAT) of N33.58 billion from N31.93 billion in the same period of 2020, representing a five percent increase. The company’s revenu...