City BusinessNews, Author at City Business News

July 10, 2021 No Responses

Coscharis Photo News

L – R : GM, Marketing and Corporate Communications, Coscharis Group,Mr. Abiona Babarinde; Governor, Lagos State, Mr. Babajide Sanwoolu; DGM, Ford Sales, Coscharis Motors Plc, Mr. Justin Ngini at the presentation of ‘Appreciation Plaque’ to Coscharis Group as one of...

July 10, 2021 No Responses

Volkswagen Declares $13b Half-Year Profit

Volkswagen on Friday disclosed that first-half operating profit is expected to come in at around 11 billion euros ($13 billion), even surpassing pre-pandemic levels on the back of strong demand in Europe and the United States.Reuters report that the good resu...

July 10, 2021 No Responses

NCC Faults Report On Sales Of Three Million New Lines In Q1

The management of Nigerian Communications Commission (NCC) has denied reports that three million sim cards were sold in the first quarter of 2021. The Commission in a statement explained that it was impossible to have recorded such sales when the ban...

July 10, 2021 No Responses

CBN Releases Supervisory Framework For Payment Service Banks

The Central of Nigeria (CBN) has released the Guidelines for the Licensing and Regulation of Payment Service Banks (PSBs) in Nigeria. Information obtained in the apex bank’s website indicated that the guidelines was first issued in 2018 and revised in...

July 9, 2021 No Responses

FG Vows To Recover N37b Debts Owed By Bi-Courtney, Others

The Minister of Aviation, Hadi Sirika, says efforts have been intensified by the ministry to recover over N37 billion debts owed by airlines in the country. The minister made this known at the weekly ministerial press briefing organised by the...

July 9, 2021 No Responses

Coscharis Motors Presents Locally Assembled Renault Vehicles At Lagos Motor Fair

Coscharis Motors, a subsidiary of Coscharis Group recently showcased two locally assembled Renault automobile models amongst others during the 15th Lagos Motor Fair held at the Federal Palace Hotel, Lagos. Speaking at the Fair with various stakeholders i...

July 9, 2021 No Responses

Ecobank Renews Support For Nigerian Women In Business

Ecobank Nigeria has launched “Ellevate”, a gender-based proposition for women-owned businesses to reduce gender inequality in entrepreneurship and aid equal representation for women in the formal business sector. The Managing Director, Ecobank ...

July 9, 2021 No Responses

Kaduna Seals Fidelity Bank Branches Over N43.3m Tax Liabilities

The Kaduna State Internal Revenue Service (KADIRS) on Thursday, sealed four branches of Fidelity Bank Plc. over N43.3 million tax liabilities. The branches are located at Ali Akilu Road, Ahmadu Bello Way, Polytechnic Road by Maimuna Gwarzo Junction, and ...

July 9, 2021 No Responses

Yusuf, Ex-LCCI Boss Implores FG On Enabling Environment For Businesses

The immediate past Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Muda Yusuf, has urged the Federal Government to create an enabling environment to drive export business. Yusuf gave the advice at the monthly forum of the Finance Correspond...

July 9, 2021 No Responses

AIB Releases Eight Reports

The Accident Investigation Bureau Nigeria (AIB-N) has released eight final reports involving seven serious aircraft incidents and one accident that occurred between 2010 and 2019. Presenting the report on Thursday in Abuja, the Commissioner of AIB, Mr Ak...

July 9, 2021 No Responses

Shippers Council Lauds Kaduna On Inland Dry Port

Mrs Adaku Okam, Director, Inland Transport Services, Nigeria Shipper’s Council, has commended the Kaduna State government for its support to the Kaduna Inland Dry Port. Okam made the commendation at a sensitisation workshop in Kaduna on Thursday. Represented...