Author: City BusinessNews

BUHARI WELCOMES PROPOSAL BY HYUNDAI TO SET UP CAR PLANT IN NIGERIA
December 18, 2019 No Responses

BUHARI WELCOMES PROPOSAL BY HYUNDAI TO SET UP CAR PLANT IN NIGERIA

Nigeria will collaborate with and support Hyundai Engineering Company Limited to set up a car plant, and also rehabilitate petroleum refineries, President Muhammadu Buhari has said.  Receiving the President/Chief Executive Officer of Hyundai Engineering, Mr Chang Hag Kim, at State...
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Rivers Budgets N530b For 2020
December 18, 2019 No Responses

Rivers Budgets N530b For 2020

Governor  Nyesom Wike of Rivers on Tuesday presented a budget of N530 billion for 2020 to the state House of Assembly.During the presentation, the governor said the budget tagged “Budget of Reassurance” would focus on driving infrastructure and speeding g...
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Market Capitalisation Drop By N16billion
December 18, 2019 No Responses

Market Capitalisation Drop By N16billion

The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent. The News Agency of Nigeria (NAN) reports that the index, which opened at 26,695.18, lost 34.74 points or 0.13 per cent to...
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FRSC Promotes 2,341 Officers
December 18, 2019 No Responses

FRSC Promotes 2,341 Officers

The Board, Federal Road Safety Commission,  on Tuesday, 17 December, 2019 approved the promotion of 2,341 personnel to various ranks .  The ranks are; 108 Chief Route Commander promoted to Assistant Corps Commanders, 54 Superintendent Route Commander...
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Ports & Cargo Acquires Five Cranes, Ten Terminal Tractors, Others
December 17, 2019 No Responses

Ports & Cargo Acquires Five Cranes, Ten Terminal Tractors, Others

By citybusinessnews@yahoo.com As part of measures to position itself as a first-choice terminal for importers, exporters and shippers in Nigeria and West Africa, Ports & Cargo Handling Services Limited, the flagship company of SIFAX Group, has acquired som...
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NSE Photo News
December 17, 2019 No Responses

NSE Photo News

L – R: Mr. Toke Alex Ibru, Director, Capital Hotel Plc; Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Chief Anthony Idigbe, SAN, Chairman, Capital Hotel Plc; Barr Chuma Anosike, Director, Capital Hotel Plc; Mrs....
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Adebayo Seeks Support For N64b Sunti Sugar Plant
December 17, 2019 No Responses

Adebayo Seeks Support For N64b Sunti Sugar Plant

The Sunti Golden Sugar Estates, a N64 billion investment by Flour Mills Plc (FMN) will contribute greatly to ending Nigeria’s Sugar Dependence, the Minister of Industry, Trade and Investment, Adeniyi Adebayo , has said Adebayo also commended the company for....
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Dana Air Emerges Best Airline In Passenger Facilitation
December 17, 2019 No Responses

Dana Air Emerges Best Airline In Passenger Facilitation

Dana Air has won an award as the Best Airline in Passenger Facilitation at the 10th edition of the Nigerian Aviation Awards held recently at Oriental Hotels, Lagos The Airline’s Media and Communications Manager, Kingsley Ezenwa while speaking to newsmen....
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Photo News
December 17, 2019 No Responses

Photo News

L-R: John Jenkins, Managing Director, Ports & Cargo Handling Services Limited; Adekunle Abdulrasaq Oyinloye, Group Managing Director, SIFAX Group; Hajia Aisha Ali Ibrahim, Assistant General Manager, Operations, Nigerian Ports Authority representing Hadiza ...
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YULETIDE: FRSC DEPLOYS 39,450 PERSONNEL, 806 PATROL VEHICLES, OTHERS
December 17, 2019 No Responses

YULETIDE: FRSC DEPLOYS 39,450 PERSONNEL, 806 PATROL VEHICLES, OTHERS

Pursuant to the commitment towards the realisation of its corporate mandate and the imperatives of making the highways safer during the yuletide, the Federal Road Safety Corps has mobilised a total of 39,450 of its personnel including special Marshal’s, ...
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Nigeria Lauds Dangote’s $30b Domestic Revenue Generation Drive
December 16, 2019 No Responses

Nigeria Lauds Dangote’s $30b Domestic Revenue Generation Drive

The Federal Government on Sunday  commended the Dangote Group for  its proposed  plan  to expand its domestic revenue generation drive from four  billion dollars to 30 billion dollars annually from 2021 to boost the nation’s economy....
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NNPC Declares N5.20b Trade Surplus
December 16, 2019 No Responses

NNPC Declares N5.20b Trade Surplus

The Nigerian National Petroleum Corporation (NNPC) said it made ₦5.20billion trading surplus for the month of August, reflecting an increase of 22 per cent compared with the ₦4.26 billion surplus posted in July. The corporation disclosed this in its Monthl...
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FRSC Deploys 1,500 Personnel To Kano Highways
December 16, 2019 No Responses

FRSC Deploys 1,500 Personnel To Kano Highways

The Federal Road Safety Corps (FRSC), Kano State Command, has deployed no fewer than 1,500 personnel and 21 patrol vehicles to major highways in the state to ensure effective traffic management and enforcement during the Yuletide.Similarly, the command had dep...
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APPEALS Project Targets 500 % Increase In Milk Production
December 14, 2019 No Responses

APPEALS Project Targets 500 % Increase In Milk Production

Agro Processing, Productivity Enhancement and Livelihood Improvement Support Project (APPEALS) in collaboration with Fulani community in Dorayi, Zaria Local Government Area of Kaduna State is to raise milk production by 500 per cent.  Addressing members o...
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