City BusinessNews, Author at City Business News

May 20, 2021 No Responses

NPA Photo News

Representative of the Managing Director, Nigerian Ports Authority (NPA) and Executive Director, Marine & Operations, Onari Brown (Middle), acting team leader, Support West African Integrated Maritime Security (SWAIMS), Dr Alex Klein (2nd left), General Manager, Security, NPA, Khalil Mohammed (left), General Manager,...

May 20, 2021 No Responses

All-New Kia K5 Settles In Nigeria, Displays Attributes

The K5 luxury sedan since its launch in Nigeria has continued to wow and creates head-turning experiences to people across the country. It’s wide acceptance and awe are a testament to Kia’s commitment to design, quality, and the ownership experience...

May 19, 2021 No Responses

CBN Mulls One Million Hectares Of Rice Cultivation In 2021

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the apex bank plans the cultivation of one million hectares of rice in the 2021 farming seasons, to boost food security. According to information in CBN’s official...

May 19, 2021 No Responses

Osinbajo Seeks Synergy Among Road Safety Stakeholders

There is need for synergy among stakeholders in order to promote road safety in the country, Vice President Yemi Osinbajo has said. Osinbajo made the call on Tuesday at the Presidential Villa, Abuja, while receiving on courtesy visit a team...

May 19, 2021 No Responses

Lagos Unveils 500 Mini Buses

Lagos State Government on Tuesday unveiled 500 mini buses to ensure efficient intra-city transportation in the state. The 500 shuttle buses, known as First and Last Mile (FLM), are the first phase of the planned 5,000 mini buses aimed at...

May 19, 2021 No Responses

UNILAG Attracts N12b Research Grants

The University of Lagos (UNILAG) attracted N12 billion research grants in the past three and half years, the Vice-Chancellor, Prof. Oluwatoyin Ogundipe has said. Ogundipe made the disclosure in an interview with the News Agency of Nigeria (NAN) on Tuesda...

May 19, 2021 No Responses

Edo To Access $250m Investment In Oil Palm, Cassava

Edo State Governor, Godwin Obaseki on Tuesday said the state is set to benefit from a U.S. government’s financing to the tune of 250 million dollars for oil palm and cassava value chain development. Obaseki explained that the...

May 19, 2021 No Responses

Shipping Firms Unveil New Agenda To Curb Piracy In Gulf Of Guinea

After more than 95% of sea kidnappings happened in the Gulf of Guinea in 2020, almost 100 shipping companies, organizations, and flag states have signed a new declaration calling for and to piracy in the Gulf of Guinea. The violence,...

May 19, 2021 No Responses

Photo News

L-R: PRESIDENT OF FRANCE, EMMANUEL MACRON DISCUSSING WITH THE PRESIDENT OF DANGOTE INDUSTRIES LIMITED, ALIKO DANGOTE, AT THE ONGOING SUMMIT ON AFRICAN FINANCE MEETING/ POST COVID-19 ECONOMIC RECOVERY FOR AFRICA, HELD IN PARIS, FRANCE ON TUESDAY

May 19, 2021 No Responses

Jaguar Land Rover Explains $1b Loss

Jaguar Land Rover’s (JLR) owner Tata Motors announced a surprise quarterly loss of more than $1bn (£700m). It came as the Indian company wrote off $2.05bn related to its revamp of the UK-based luxury car business. It also warned that...

May 19, 2021 No Responses

NCC Resolves 99.2% Of Telecom Consumer Complaints In Q1

The Nigerian Communications Commission (NCC) has resolved 99.2 per cent of service-related complaints received from telecom consumers across the major network operators in Q1, 2021. According to the Q1, 2021 Report on Complaint Management issued by...

May 19, 2021 No Responses

Investors Lose N148b As ABC Transport Top Gainers’ Table

The Nigerian Exchange (NGX) market capitalisation dropped further by N148 billion, extending bearish run to two consecutive trading sessions. Specifically, the market capitalisation which opened at N20.487 trillion shed N148 billion or 0.72 per cent to c...

May 18, 2021 No Responses

Lagos Cooperatives Capital Base Increases To N33b

The Lagos State Commissioner for Commerce, Industry and Cooperatives, Mrs Lola Akande, has disclosed that the cooperative service capital base has increased to N33 billion in 2021. Akande made this known on Monday in Lagos at the 2021 ministerial news...

May 18, 2021 No Responses

PDP Governors Canvass Constitutional Amendment, Devolution Of More Powers To States

Governors elected under the platform of Peoples Democratic Party (PDP), on Monday, stressed the need for President Mohammadu Buhari to initiate an Executive Bill for the amendment of 1999 Constitution. The governors, under the PDP Governors’ Forum, sai...