Author: City BusinessNews

Customs Impounds 140 Smuggled Gas Cylinders
February 23, 2020 No Responses

Customs Impounds 140 Smuggled Gas Cylinders

The Nigeria Customs Service (NCS), Federal Operations Unit, Zone B, has seized two trucks with 140 gas cylinders and 678 bags  of NPK fertilisers being smuggled into the country from Niger Republic. Mr Mustapha Sarki-Kebbi, Zone B Controller who disclosed...
read more
Photo News
February 23, 2020 No Responses

Photo News

L-R:  Ekiti State Governor, Dr Kayode Fayemi with son of the deceased and  former Ondo State Governor, Dr Rahman Mimiko; during the burial of Madam Munirat Deborah Mimiko in Ondo town
read more
CBN Lifts Retail Secondary Market With $292.34m
February 22, 2020 No Responses

CBN Lifts Retail Secondary Market With $292.34m

The Central Bank of Nigeria (CBN) has injected the sum of $292.34m dollars into the retail Secondary Market Intervention Sales (SMIS). CBN Director, Corporate Communications, Mr Isaac Okorafor made this known in a statement in Abuja on Friday. Okorafor explain...
read more
Nestle, Nigerian Breweries Top Losers Table, Stocks Shed N94b
February 22, 2020 No Responses

Nestle, Nigerian Breweries Top Losers Table, Stocks Shed N94b

Market indicators of the Nigerian Stock Exchange (NSE) on Friday declined by 0.65 per cent amid loss posted by Nestle. At the end of the day’s transactions, the All-Share Index which opened at 27,568.91 shed 180.29 points or 0.65 per...
read more
Ecobank Nigeria To Host Regional Trade Forum
February 22, 2020 No Responses

Ecobank Nigeria To Host Regional Trade Forum

All is set for Ecobank Nigeria’s 2020 Regional Trade Forum in Lagos. The forum taking place in March, will be a two-day event, providing the opportunity for exporters and importers within the African region to exhibit their products in a...
read more
IMO Tasks Member States On Unnecessary Delays At Seaports
February 22, 2020 No Responses

IMO Tasks Member States On Unnecessary Delays At Seaports

The International Maritime Organization (IMO) has sent a letter to its member states amid the outbreak of the novel coronavirus asking them to undertake all possible measures to prevent unnecessary delays of ships. The IMO urged state authorities and control.....
read more
Chinese Car Sales Drop 92 Per Cent
February 22, 2020 No Responses

Chinese Car Sales Drop 92 Per Cent

Chinese sales of passenger cars collapsed 92 per cent on an annual basis in the first 16 days of February as the coronavirus outbreak halted business output across the country. According to China Passenger Car Association (CPCA), only 4,909 vehicles...
read more
Coronavirus: Airlines To Lose $30b
February 21, 2020 No Responses

Coronavirus: Airlines To Lose $30b

Airlines stand to lose $29.3bn (£23.7bn) of revenue this year due to the coronavirus outbreak, the global airline industry body has warned. The International Air Transport Association (IATA) predicts demand for air travel will fall for the first time in...
read more
Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook
February 21, 2020 No Responses

Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook

Despite weak market conditions and slow container growth of 1.4 percent, Danish shipping heavyweight, A.P. Moller – Maersk managed to improve earnings and free cash flow in 2019. The company’s earnings before interest, tax, depreciation, and amortization (...
read more
NPA’s Eunice Ezeoke Emerges WISTA Nigeria President
February 21, 2020 No Responses

NPA’s Eunice Ezeoke Emerges WISTA Nigeria President

Mrs Eunice Ezeoke, Assistant General Manager, Tariff and Billing,  Nigerian Ports Authority (NPA), has been elected the new President of the Women International Shipping and Trading Association (WISTA) Nigeria. Ezeoke was elected  during the 2020 WIS...
read more
Pirelli Unveils New Agenda For Growth
February 21, 2020 No Responses

Pirelli Unveils New Agenda For Growth

Pirelli has disclosed plans to focus on its premium products and cost-cutting measures to drive a gradual increase in core profit margins over the next two years. Announcing its strategic plan along with annual results,  the group said its margin...
read more
NIPOST, NCC To Seal MoU On e-Services
February 20, 2020 No Responses

NIPOST, NCC To Seal MoU On e-Services

The Nigerian Communications Commission (NCC) and the Nigerian Postal Service (NIPOST) have agreed to sign a Memorandum of Understanding (MOU) on an e-fulfillment centre for e-services, e-commerce, e-governance and e-agriculture. The two organisations agreed on...
read more
Jaguar Land Rover Unveils New Discovery Sport
February 20, 2020 No Responses

Jaguar Land Rover Unveils New Discovery Sport

Jaguar Land Rover has Unveiled new Discovery Sport for the India market. The Indian subsidiary of the British marquee also explained that start of delivery for the petrol-powered Discovery Sport will be subsequent to start of diesel and will be...
read more
Customs Intercepts 3,593 kg of Marijuana
February 20, 2020 No Responses

Customs Intercepts 3,593 kg of Marijuana

The Kwara Command of the Nigeria Customs Service has intercepted and seized 3,593 kgs of cannabis sativa (marijiana) along Bukuro, Baruten Local Government Area of Kwara state. The Area Controller of Customs in the state, Husseini Ahmed, made the disclosure...
read more
1 … 666 667 668 669 670 … 1,122