Author: City BusinessNews

NPA Inaugurates Anti – Corruption Unit
September 29, 2021 No Responses

NPA Inaugurates Anti – Corruption Unit

The Nigerian Ports Authority, (NPA) in collaboration with the Independent Corrupt Practices and Other Related Offences, ICPC,  On Tuesday inaugurated an Anti-Corruption and Transparency Unit (NPA- ACT) saddled with the responsibility of eliminating corruption-related tendencies in the system.   A statement explained...
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GOCOP To Host Business Lunch With Corporate Affairs Managers
September 29, 2021 No Responses

GOCOP To Host Business Lunch With Corporate Affairs Managers

The Guild of Corporate Online Publishers (GOCOP) has concluded plans to host corporate affairs managers to a business lunch at the Sheraton Hotel, Ikeja, Lagos. A statement issued by the Guild explained that the event is part of the activities lined...
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Buhari Approves 159 New Radio, Television Stations
September 28, 2021 No Responses

Buhari Approves 159 New Radio, Television Stations

President Muhammadu Buhari has granted approval to 159 companies, communities and institutions of higher learning to operate radio and television stations.  Director-General, National Broadcasting Commission (NBC), Malam Balarabe Ilelah, made the disclosu...
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Rolls-Royce Spanish Unit Gets $2b Price Tag
September 28, 2021 No Responses

Rolls-Royce Spanish Unit Gets $2b Price Tag

The management of Rolls-Royce has agreed to sell its Spanish unit ITP Aero to a consortium led by Bain Capital Private Equity for 1.7 billion euros ($2.0 billion), bringing the British engineering company close to its 2-billion-pound target for disposal...
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TotalEnergies Projects Rise In Renewable Energy Use
September 28, 2021 No Responses

TotalEnergies Projects Rise In Renewable Energy Use

French company TotalEnergies has said it expected a big rise in renewable-based electricity, solar, and wind forms of energy, partly due to a general increase in electrification in the industrial and business world.TotalEnergies added it expected that oil, i...
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Heritage Bank MD: Identity Challenge Impedes SMEs Financing
September 28, 2021 No Responses

Heritage Bank MD: Identity Challenge Impedes SMEs Financing

The Nigerian government must resolve the identity management system challenges in the country to empower commercial lenders to extend credit to Small and Medium Enterprises (SMEs) with less worry, the Managing Director/Chief Executive Officer, Heritage Bank, M...
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AllianceJet Appoints Hervé Laitat As CEO
September 28, 2021 No Responses

AllianceJet Appoints Hervé Laitat As CEO

AllianceJet, part of the Alliance Aviation Group of companies and an approved AOC operator with a home base in Malta, has appointed business aviation veteran Hervé Laitat as its new Chief Executive Officer (CEO).  Hervé brings 20 years of experienc...
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ROLLS-ROYCE AND ELECTRIC POWER: A PROPHECY, A PROMISE AND AN UNDERTAKING
September 28, 2021 No Responses

ROLLS-ROYCE AND ELECTRIC POWER: A PROPHECY, A PROMISE AND AN UNDERTAKING

Rolls-Royce reflects on heritage of electric power ahead of historic announcement Extraordinary prophecy of founding father, Charles Rolls, revealed Rolls championed electric cars in 1900, deeming Columbia model best of its type Royce, one of the first electri...
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Ikeja Electric donates educational materials to Lagos school
September 28, 2021 No Responses

Ikeja Electric donates educational materials to Lagos school

Ikeja Electric Plc has donated educational materials to the pupils of Odi-Olowo Nursery and Primary School, Idi-Oro, Mushin, Lagos, as part of its Personal Corporate Social Responsibility (PCSR) initiative.  The electricity distribution company made this ...
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IMO Audit: NIMASA, NiMet Close Ranks
September 28, 2021 No Responses

IMO Audit: NIMASA, NiMet Close Ranks

Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Meteorological Agency (NiMet) have initiated a joint efforts to close gaps identified by the International Maritime Organisation (IMO) during its last mandatory audit of the country’s m...
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Plateau Generates N17b Internal Revenue In Nine Months
September 28, 2021 No Responses

Plateau Generates N17b Internal Revenue In Nine Months

Between January and September 2021, Plateau State Internal Revenue Service (PSIRS) generated N17 billion Internally Generated Revenue (IGR).   Chairman, Plateau State Internal Revenue Service (PSIRS), Mr Arlat Dasogot,  made the d...
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PSC Bans 2,000 Nigerians From Traveling Abroad
September 28, 2021 No Responses

PSC Bans 2,000 Nigerians From Traveling Abroad

The Presidential Steering Committee(PSC) on COVID-19  has banned over 2,000 Nigerians and foreigners from traveling abroad and into the country for one year, for evading the Coronavirus Polymerase Chain Reaction (PCR) test at the country’s internat...
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Ford Votes $11.4b For Electric Vehicle Plants
September 28, 2021 No Responses

Ford Votes $11.4b For Electric Vehicle Plants

Ford has announced a major investment in electric vehicle (EV) production in the US, promising to build its biggest ever factory in Tennessee, and two battery parks in Kentucky. Under the $11.4bn (£8.3bn) plan, the carmaker said it will build...
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Heritage Bank MD Implores Govt On Private Sector Policies For Infrastructure Growth
September 28, 2021 No Responses

Heritage Bank MD Implores Govt On Private Sector Policies For Infrastructure Growth

The Managing Director/Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has called on governments to provide enabling policies that would support private sector interventions to achieve the vision of infrastructural development.  He made this subm...
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