City BusinessNews, Author at City Business News

August 8, 2020 No Responses

Court Dissolves Zamfara APC Executives

Zamfara State High Court lV on Friday dissolved the All Progressives Congress (APC) leadership in the state and ordered for fresh election of the party executives at wards, local government and state levels. Justice Bello Tukur, who delivered the judgement,...

August 8, 2020 No Responses

Port Officials Detained As Beirut Explosion Investigation Resumes

Lebanese authorities detained 16 Beirut port staff members while over a dozen other workers have been questioned as part of an investigation into the deadly blast that rocked Lebanon’s capital on Tuesday, Reuters reports. The investigat...

August 8, 2020 No Responses

Mitsubishi Motors Chairman Steps Down

Mitsubishi Motors Corporation chairman, Osamu Masuko on Friday resigned due to health reasons and has handed over the role to Chief Executive Officer to Takao Kato on a temporary basis.Masuko joined the automaker in 2004, and became president i...

August 8, 2020 No Responses

Kia Motors Premieres Sonet SUV

Kia Motors Corporation on Friday unveiled its sub-compact Sports Utility Vehicle (SUV) Sonet. Kia Sonet will be offered with 3 engine options of 1.2-litre petrol, 1.0-litre turbo petrol and the 1.5-litre turbo diesel. According to Kia, these engines...

August 8, 2020 No Responses

Mancity Beats Real Madrid In Championships League

Manchester City finished off the job they started back in February by deservedly overcoming Real Madrid to reach the Champions League quarter-finals. Pep Guardiola’s side will now face Lyon in the one-game knockout format in Lisbon after inflicting Zined...

August 7, 2020 No Responses

Yobe, Firm Seals N2.6b Nguru Modern Market Contract

The Yobe State Government and ADAF BML, have signed a contract worth N2.6 billion for the construction of Nguru Modern Market. The state Commissioner, Commerce, Tourism and Industry, Alhaji Barma Shetima, made the disclosure in an interview with the News...

August 7, 2020 No Responses

INEC Threatens To Halt Edo, Ondo Polls

The Independent National Electoral Commission (INEC) on Thursday threatened to suspend the Edo and Ondo governorship elections if the reported political crisis lead to breakdown of law and order. Mr Festus Okoye, INEC National Commissioner and Chairman, I...

August 7, 2020 No Responses

APC Appoints Ita Udosen Acting Chairman In Akwa Ibom

The All Progressives Congress (APC), has appointed Dr Ita Udosen, as the acting state chairman following the passage of the state chairman, Mr Ini Okopido, on Aug. 5. In a statement issued on Thursday by the State Publicity Secretary of...

August 7, 2020 No Responses

Beirut Explosion: CMA CGM Staff Missing, Several Injured

French container shipping company, CMA CGM, which has deep roots in Lebanon, has launched an emergency plan to conduct a thorough health and safety assessment of its 261 staff members based in Beirut, following the deadly explosion that wreaked havoc...

August 7, 2020 No Responses

FirstMonie Network Records N6tri Transactions

First Bank of Nigeria Ltd processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr Adesola Adeduntan, FirstBank Chief Executive Officer, disclosed this on Thursday, at the bank’s FinTech Summit 4.0 webinar in Lagos....

August 7, 2020 No Responses

Toyota Reports 74 Per Cent Drop In Profit

Toyota‘s profit plunged 74 per cent in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corporation reported on Thursday a profit of 158.8 billion...

August 6, 2020 No Responses

Nigeria Confirms 457 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) has recorded 457 new cases of the Coronavirus, bringing the total number of infections to 44,890. The NCDC made this known on its official twitter handle on Wednesday. According to NCDC, the 457...

August 6, 2020 No Responses

NSE Partners DICON On Technological Advancement

Photo Caption: President, Nigerian Society of Engineers , Babagana Mohammed, during an official visit to the Defence Industries Corporation of Nigeria (DICON) Garment Factory in Kaduna on Wednesday The Nigerian Society of Engineers (NSE) is to collaborate wi...

August 6, 2020 No Responses

New Ford CEO Targets Expansion

Ford Motor Co‘s incoming Chief Executive Jim Farley said he wants to expand the automaker’s operations into related technology fields, including software, fleet management and electric vehicle charging. “These are new growth initiatives tha...