City BusinessNews, Author at City Business News

August 5, 2021 No Responses

Volkswagen Taigo SUV Debuts

Volkswagen has unveiled the all-new Taigo Sports Utility Vehicle (SUV) coupe.Volkswagen Taigo is the first SUV coupe by the brand to drive in the European roads. The company has already launched the compact crossover SUV as Nivus in South America and Mexico. It...

August 4, 2021 No Responses

Nigerian Navy Takes Delivery Of 50 Gunboats, Drones For Maritime Operations

The Nigerian Navy on Wednesday received 50 assault gunboats and drones to tackle crime and criminality in the nation’s territorial waters. The platforms and equipment donated by Aiteo Global Group are 21 gunboats, 14 operational patrol boats, seven hou...

August 4, 2021 No Responses

Aviation Ground Handlers Seek Minimum Handling Rates

The Aviation Ground Handling Association of Nigeria (AGHAN) has urged the Nigerian Civil Aviation Authority (NCAA) to create a minimum safety threshold handling rate for the sub-sector. President of the association, Mr Olaniyi Adigun, made t...

August 4, 2021 No Responses

Unity Bank Unveils New Code On USSD Platform

In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking...

August 4, 2021 No Responses

Photo News

Lagos State Governor, Mr. Babajide Sanwo-Olu (middle); Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh (fifth right); White Cap Chiefs; and others at the unveiling of 102 new waste collection trucks and 100 Doubl...

August 4, 2021 No Responses

CBN Releases Guidelines For Payment Service Holding Companies

The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria. A circular issued by Mr Musa Jimoh, CBN’s Director, Payments System Management Department in...

August 4, 2021 No Responses

Heirs Insurance, Heirs Life Confirm Purchase Of Insurance In Five Minutes

Dr. Adaobi Nwakuche, Ag. MD/CEO, Heirs Insurance Limited (Left) and Niyi Onifade, MD/CEO, Heirs Life Assurance Limited Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customer...

August 4, 2021 No Responses

Mercedes-Benz Rolls Out New S-Class S680 Guard

Mercedes-Benz has unveiled the new S-Class S680 Guard, the armoured version of its S-Class range with VPAM VR10 certification–the highest level of protection granted for civil vehicles. According to Daimler, the technology used for the...

August 4, 2021 No Responses

BMW Declares $5.7b Profit In Q2

BMW on Tuesday disclosed that it attained $5.7billion net profit in the second quarter. The company explained that it benefited from strong pricing during the quarter and a predominance of more-profitable vehicles in its sales mix. It reaped ...

August 4, 2021 No Responses

COVID-19: 14 NYSC Members Test Positive

The Sokoto State Commissioner for Health, Dr Ali Inname, disclosed on Tuesday that 14 National Youth Service Corps (NYSC) members have been confirmed positive with COVID-19 in the state. Briefing Journalists, he said the infected members were det...

August 4, 2021 No Responses

PDP Govs Call For Calm As Seven National Officers Resign

The Peoples Democratic Party (PDP) Governors’ Forum has appealed to members and stakeholders of the party to remain calm over Tuesday’s resignation of seven national deputy officers of the party. The forum made the call in a statement issued by...

August 4, 2021 No Responses

Ship Hijacked Off UAE, Sail To Iran

A Panama-flagged ship has been hijacked by armed men in the Gulf of Oman and ordered to sail to Iran, Lloyds List Maritime Intelligence has confirmed. The bitumen tanker MV Asphalt Princess is heading into the congested approach to the...

August 3, 2021 No Responses

SON Warns Steel Manufacturers, Acquires Measuring Instrument

The Standards Organisation of Nigeria (SON) has warned steel manufacturers to calibrate the equipment used in the production of steel rods and reinforcement bars or face persecution. Director-General, SON, Mallam Farouk Salim, who gave the warning in a s...

August 3, 2021 No Responses

NCC: MTN’s Unified Access Service Licence Yet To Be Renewed

The management of the Nigerian Communications Commission (NCC) has been described as an untrue report of the renewal of MTN Nigeria Unified Access Service Licence ((UASL). A statement issued by Dr. Ikechukwu Adinde, Director, Public Affairs said: “The atte...