Author: City BusinessNews

Valentine: Access Bank Unveils New Offers
February 13, 2020 No Responses

Valentine: Access Bank Unveils New Offers

Access Bank Plc has unveiled a series of great deals and exciting offers to celebrate its customers this Valentine season.  The campaign, tagged “It’s a Love Thing”  is the 4th edition and will kick off from February 11 to February...
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CEAT Gets New Tyre Factory
February 13, 2020 No Responses

CEAT Gets New Tyre Factory

Tyre manufacturer, CEAT on Wednesday unveiled its 163-acre green field plant in Kanchipuram near Chennai in Tamil Nadu in India,  joining Apollo Tyres, Michelin, TVS Tyres and others in manufacturing from the southern state. Availabel information indicate...
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Michelin Projects Lower Income In 2020
February 12, 2020 No Responses

Michelin Projects Lower Income In 2020

French tyre maker, Michelin on Tuesday projected lower operating income in 2020, saying the forecast did not include the systemic effect of the coronavirus crisis in China. The Paris-based company, which restarted operations in its three factories in China on....
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CBN Boosts Forex Market With $210m
February 12, 2020 No Responses

CBN Boosts Forex Market With $210m

The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the sector. The bank’s Director, Corporate Communications Department, Mr. Isaac Okorafor made this known in a...
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Owerri Airport Fire: FAAN Alerts Airlines, Others
February 12, 2020 No Responses

Owerri Airport Fire: FAAN Alerts Airlines, Others

The Federal Airports Authority of Nigeria (FAAN) has alerted airline operators and other airport users about a bush fire incident at the Sam Mbakwe International Cargo Airport, Owerri. Mrs Henrietta Yakubu, FAAN General Manager, Corporate Affairs, explained th...
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Valentine: Coscharis Unveils Special Package For Customers
February 12, 2020 No Responses

Valentine: Coscharis Unveils Special Package For Customers

In the spirit of Valentine’s Day, leading auto dealer, Coscharis Motors  is set to delight its customers with special gifts of love across its entire line up of iconic automobile brands including BMW, Jaguar Land Rover and Ford.  Its scheduled...
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SIFAX Group Photo News
February 12, 2020 No Responses

SIFAX Group Photo News

L-R: Adekunle Oyinloye, Group Managing Director, SIFAX Group; John Jenkins, Managing Director, Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group; Capt. Ibraheem Olugbade, Executive Director, SIFAX Off Dock and Tunji Olusinde, Executive D...
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Demutualisation: NSE Releases 78:22 Sharing Formular For Dealing, Ordinary Members
February 12, 2020 No Responses

Demutualisation: NSE Releases 78:22 Sharing Formular For Dealing, Ordinary Members

The Nigerian Stock Exchange (NSE) on Tuesday released the distribution formula for the allotment of shares for the post-demutualised Nigerian Exchange Group Plc on the ratio of 78:22 between dealing members and ordinary members. The exchange stated this in a.....
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NLNG Train 7: Nigerians To Handle 55% Of Procurement
February 11, 2020 No Responses

NLNG Train 7: Nigerians To Handle 55% Of Procurement

Nigerian vendors are to handle 55 per cent of all procurement for the execution of Train 7 project, the Managing Director, Nigerian Liquefied Natural Gas (NLNG), Mr Tony Attah, has said.  Speaking at the ongoing 3rd Nigeria International Petroleum Summit....
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Photo News
February 11, 2020 No Responses

Photo News

L – R: Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) presenting a replica of closing gong to Dr. Adebola Akindele, Group Managing Director, Courteville Business Solution Plc during a courtesy visit to The Exchange (NSE)...
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Dickson Inaugurates Bayelsa Airport
February 11, 2020 No Responses

Dickson Inaugurates Bayelsa Airport

Governor Seriake Dickson of Bayelsa State has urged the Federal Government to issue operational license to the Bayelsa Airport inaugurated on Monday. Performing the ceremony in Amassoma, Southern-Ijaw Local Government Area, Dickson also inaugurated the 2.5 kil...
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NSE Market Indices Open With 1.05% Loss
February 11, 2020 No Responses

NSE Market Indices Open With 1.05% Loss

The Nigerian equities market resumed trading for the week on Monday still on a negative trend with the market indices nosediving by 1.05 per cent. Speficially, the All-Share Index lost 294.90 points or 1.05 per cent to close at 27,772.19...
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Automakers In A Fix As Chinese Units Fail To Resume Work
February 11, 2020 No Responses

Automakers In A Fix As Chinese Units Fail To Resume Work

A prolonged Chinese lockdown to contain the aftereffects of the respiratory epidemic has disrupted the output plans of global automakers that largely rely on the planet’s biggest automotive market for both supplies and sales. Plants in China are on an...
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700 Athletes Participate In Edo Sport Festival
February 11, 2020 No Responses

700 Athletes Participate In Edo Sport Festival

No fewer than 700 athletes drawn from the 18 local government areas of Edo are participating in the 3rd Edo Sport Festival declared open on Monday by Gov. Godwin Obaseki. News Agency of Nigeria (NAN), reports that about 300 officials...
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