City BusinessNews, Author at City Business News

June 15, 2021 No Responses

Vodafone Picks Samsung For 5G network

Vodafone UK has chosen Samsung as a supplier for its 5G infrastructure, as it seeks to extend its coverage. One analyst described the move as a “breakthrough” for Samsung, in a market expected to be dominated by Ericsson and Nokia,...

June 15, 2021 No Responses

UNICAL VC Bags African Teaching Authority Award

The Africa Federation of Teaching Regulatory Authorities (AFTRA) has conferred and award on Prof. Florence Obi, Vice-Chancellor of the University of Calabar. Obi was conferred with Fellowship of a Distinguished Teacher Award by AFTRA at the Senate Chambe...

June 15, 2021 No Responses

Mixta Real Estate Quotes N1.02b CP On FMDQ

The FMDQ Securities Exchange Ltd. has approved the quotation of Mixta Real Estate Plc’s N1.02 billion Series 36 Commercial Papers (CP) Issuance on its platform. FMDQ in a statement on Monday explained that the offer was approved by FMDQ under...

June 15, 2021 No Responses

Hyundai Accelerates ‘Flying Car’ Efforts

Hyundai Motor Co has accelerated efforts around developing “flying cars” and will offer services around those vehicles rather than just selling them, the South Korean automaker’s chief operating officer told Reuters.Hyundai is ahead of t...

June 14, 2021 No Responses

WHO, COVAX Partners Laud G7 Decision To Share 870m COVID-19 Vaccine Doses

World Health Organisation (WHO) and COVAX partners on Sunday applauded G7 nations’ commitment to sharing 870 million doses of COVID-19 vaccines to assist end the acute phase of the pandemic. WHO, in a statement, commended G7 countries for the commitmen...

June 14, 2021 No Responses

Bayelsa Starch Factory Ready For Commissioning

By citybusinessnews@yahoo.com — A 60-metric tonnes cassava starch factory built by the Bayelsa State government will be inaugurated soon. Governor Douye Diri disclosed this on Saturday during an inspection tour of the factory located at Ebedebiri ...

June 14, 2021 No Responses

Danbatta Seeks Stakeholders’ Support For Ubiquitous ICT Adoption

By citybusinessnews@yahoo.com — Photo Caption: Prof. Umar Garba Danbatta, Executive Vice Chairman, NCC (Centre), during the commissioning of the computer laboratory The Executive Vice Chairman (EVC) of the Nigerian Communications Commis...

June 14, 2021 No Responses

‘Dangote Fertiliser Delivers 120 Trucks Daily’

By citybusinessnews@yahoo.com — Dangote urea fertiliser currently pushes out a minimum of 120 trucks per day across the country to meet local demands and exports. Group Executive Director, Strategy, Capital Projects and Portfolio Develop...

June 14, 2021 No Responses

GIG Deploys Electric Vehicles In Nigeria

Foremost logistics company, GIG Logistics Limited, has made history by becoming the first fleet company in Nigeria to deploy electric vehicles in its operations. Founded in 2012, GIG Logistics is an arm of the GIG Group, a company that started...

June 13, 2021 No Responses

Buhari Approves N15trillion Infrastructure Firm

By citybusinessnews@yahoo.com — President Muhammadu Buhari has approved the establishment of Infraco Plc, a world-class infrastructure development vehicle wholly focused on Nigeria with a capital structure of N15 trillion. The president revealed thi...

June 13, 2021 No Responses

NDLEA Intercepts 100,000 Bottles Of Codeine Syrup At Onne Port

The National Drug Law Enforcement Agency, (NDLEA) has intercepted and seized no fewer than 100,000 bottles of codeine syrup with a total weight of 15,325 kgs at the Onne seaport, Port Harcourt, Rivers state. NDLEA Director, Media and Advocacy, Mr...

June 13, 2021 No Responses

FG Suspends Salaries Of 331 Civil Servants

The Federal Government has suspended the salaries of 331 civil servants for failure to update their Integrated Personnel and Payroll Information System (IPPIS) as was directed. Mr Mahmuda Mamman, Permanent Secretary, Career Management office, made t...

June 13, 2021 No Responses

Photo News

L-R: Fuad Lawal, Chairman, Ikoyi – Obalende LCDA; Oyinkasola Kusamotu, Senior Legal Officer, Lagos State Lotteries & Gaming Authority; Ladi Balogun, MD, Lagos Ferry Services; Abiona Babarinde, GM, Marketing & Corporate Communications, ...

June 13, 2021 No Responses

First Bank’s Sponsored Movie, Ayinla Premiers In Lagos

By citybusinessnews@yahoo.com — First Bank of Nigeria Limited has announced its lead sponsorship of the movie titled ‘Ayinla’, which is billed to premiere on Sunday, 13 June 2020. A statement issued by First Bank explained that the movie is s...