City BusinessNews, Author at City Business News

August 2, 2021 No Responses

Volkswagen Records $13.5 b Profit In Half-Year Performance

Volkswagen has raised its profit margin target for the second time in less than three months, pointing to record earnings in the first six months of 2021 that came in above pre-pandemic levels.The company said it now expected an operating return on...

August 1, 2021 No Responses

Manufacturers In Edo, Delta Lament Poor Power Supply, Others

The Manufacturers Association of Nigeria (MAN) has identified poor power supply, high cost of diesel and raw materials as major factors affecting the businesses of its members in Edo and Delta States. Dr Okwara Udensi, Chairman of MAN, Edo/Delta ch...

August 1, 2021 No Responses

Roads Construction: FG Refunds N143bn To Five States

Minister of State, Works and Housing, Alhaji Abubakar Aliyu, on Saturday, disclosed that the Federal Government had refunded N143 billion to five states for constructing federal roads. He made the disclosure during a visit to Gov. Atiku Bagudu...

August 1, 2021 No Responses

How SON Promote Standards Through Stakeholders Synergy, By DG

The Director General, Standards Organisation of Nigeria(SON), Mallam Farouk Salim has stated that achieving National Industrial Standards (NIS) remains a task that should not be left for government and its agencies alone but rather requires the combined effort...

July 31, 2021 No Responses

Revisiting NCC’s Capacity Building For Judges

By Moses Ebosele, ebosele@hotmail.com — For the Nigerian Communications Commission (NCC), the annual capacity building workshop for judges is key to the development and growth of the telecommunications sector. Conceptualized 17 year ago, ...

July 31, 2021 No Responses

FBN Holdings posts N38.1b Profit In Half-Year

For the half year ended June 30, 2021, FBN Holdings Plc has declared Profit after tax (PAT) of N38.1 billion against N35.6 billion posted in the corresponding period of 2020, indicating an increase of 6.9 per cent. In a statement...

July 31, 2021 No Responses

CAC To Hold Promotion Exam, Explains N3b Operating Surplus

The Registrar General of Corporate Affairs Commission (CAC) Alhaji Garba Abubakar has pledged to give priority to the training and retraining of staff. Declaring open the commission’s 2021 Management Retreat with the th...

July 31, 2021 No Responses

High Expectations As 5G Beckons In Nigeria

Technically, all is now set for the deployment of the Fifth Generation (5G) Networks in Nigeria. However, the chief telecom regulator, Nigerian Communications Commission (NCC) is awaiting final approval from...

July 31, 2021 No Responses

Unity Bank Declares N23b Gross Earnings In Half-Year

Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020. A review of the unaudited half year result (H1’2021) released to...

July 31, 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 organizations in the country ...

July 31, 2021 No Responses

Anaroke Bags Ikeja Club Excellence Award For Gender Advocacy

The Founder of MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative, Mr. Kingsley Anaroke has bagged an Award of Excellence for Gender Advocacy and Empowerment from the prestigious Ikeja Club. Anaroke and other distinguished personalities will be conferred th...

July 31, 2021 No Responses

Delta Proposes N425b Budget For 2022

Delta Government on Friday said it has proposed a total sum of N425 billion as the appropriation for year 2022, indicating that the budget would soon be transmitted to the State House of Assembly. The State Commissioner for Information, Mr...

July 31, 2021 No Responses

Dana Air Wins NAAPE’s Most Innovative Airline Award

Dana Air has bagged the Most Innovative Airline Award at a conference organized by the National Association of Aircraft Pilots and Engineers. Themed: ‘Imperatives of Strong Partnership for a Sustainable Aviation Industry; Recovery from Covid-19 imp...

July 30, 2021 No Responses

Lagos Empowers 3,000 Agric Entrepreneurs

As part of measures to boost production, the Lagos State Government has empowered over 3,000 women, youths and vulnerable residents in the agriculture enterprise. Speaking on Thursday at the 2021 Agricultural Value Chains E...