City BusinessNews, Author at City Business News

August 9, 2021 No Responses

Heritage Bank Rolls Out Innovative Products For Schools, Alumni

Heritage Bank has rolled out products known as Acada School Portal Solution with the aim of adding value to the different levels in the educational sector; whilst making a new entrant into the financial sector with the unveiling of the...

August 9, 2021 No Responses

Nigeria Finishes 74th At Tokyo Olympics

Team Nigeria was placed 74th at the end of the 2020 Tokyo Games on Sunday and eighth-best among the 54 African nations at the Games. The News Agency of Nigeria (NAN) reports that Team Nigeria won two medals comprising one silver...

August 8, 2021 No Responses

Maersk Declares $3.7b Profit In Q2

Danish shipping and logistics giant A.P. Moller – Maersk has continued to deliver strong growth and profitability with profit going up to $3.7 billion in the second quarter of 2021. According to the company, Revenue was up almost 60% to...

August 8, 2021 No Responses

Hyundai Nigeria Seeks Subsidy On Locally Assembled Electric Vehicles

Stallion Hyundai Motors Nigeria has appealed to the Federal Government to approve subsidy for locally assembled Electric Vehicles. Speaking at the just concluded 2021 Nigeria Auto Journalists Association (NAJA) training workshop, Hyunda...

August 8, 2021 No Responses

Danbatta Harps on Innovative Museums for Sustainable Development

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has called for ingenious ways of collecting antiquities relevant to operations of various organisations in the country...

August 8, 2021 No Responses

Tokyo Olympics: Oborududu, Brume lead Team Nigeria Back To Rousing Abuja Welcome

Nigeria to the Tokyo Olympics arrived at the Nnamdi Azikiwe International Airport Abuja on Saturday after more than two weeks of participation at the global sporting spectacle. The contingent including Silver winning wrestler Blessing Oborududu and Long Jump...

August 7, 2021 No Responses

Shell, Maritime Firm Seal Partnership

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s MR pool. The company was an early adopter of the Signal Ocean platform in pro...

August 7, 2021 No Responses

Cyber-Security Surveys: NCC Seeks Participation

The Nigerian Communications Commission (NCC), has called for participation in its 2021 cybersecurity surveys. NCC, the independent regulatory authority for the telecommunications industry in Nigeria in a notice on its website on Friday explained that the C...

August 7, 2021 No Responses

Wema Bank Floats N40b Rights Issue

Barring unforeseen circumstances, Wema Bank Plc capital raising exercise of N40 billion will hit the market in September 2021. The bank’s Deputy Managing Director, Mr Moruf Oseni, said this at the company’s Half Year 2021 investors/analysts presentation on...

August 7, 2021 No Responses

Nigeria Records Another 565 Covid-19 Cases

The Nigeria Centre For Disease Control (NCDC) has revealed that the number of active COVID-19 cases in Nigeria increased to 9,066 with 565 additional cases confirmed on Friday. The NCDC stated that 76 people had recovered and were discharged from.....

August 7, 2021 No Responses

Onyema: Demutualisation Will Reduce Conflict Of Interests

The Group Chief Executive Officer, Nigeria Exchange Group Plc, Mr Oscar Onyema, has said demutualisation will reduce conflict of interests in the shareholder-owned entity and support agile decision-making. Onyema said this at the Association of Capital M...

August 7, 2021 No Responses

Woman Docked Over Alleged N4m Theft From Stanbic IBTC Bank

The Police in Osun State on Friday, arraigned one Sarah Peter, 28, before an Ile-Ife Magistrates’ Court for alleged N4 million theft from Stanbic bank. The Prosecutor, Insp Elijah Adesina, told the court that the defendant committed the offence so...

August 7, 2021 No Responses

Access Bank Drives Financial Inclusion with 74,000 Closa Agents

Access Bank Plc has equipped 74,000 Access Closa agents to provide financial services to customers across the country, to drive financial inclusion. Mr Robert Giles, Senior Banking Advisor, Retail, Access Bank, made this known in a statement on Friday in...

August 7, 2021 No Responses

Tokyo Olympics: Uganda, Kenya Win Golds In Athletics

Uganda’s Joshua Cheptegei and Kenya’s Faith Kipyegon both won gold medals on the athletics track on day 14 of the Tokyo Olympics. Cheptegei won the men’s 5,000m to take his second medal of the games after a silver in the...