City BusinessNews, Author at City Business News

December 8, 2019 No Responses

Capital Market Experts Outline Ways To Fund Nigeria’s Infrastructure Deficit

An investment banker and Head, Debt Capital Markets, FBNQuest Merchant Bank Limited, Mr Oluseun Olatidoye, has stressed the need for sound macroeconomic and policy frameworks to enable the capital market attract investors to fund infrastructure projects in the country. Olatidoye...

December 8, 2019 No Responses

Access Bank, Zenith, FMDQ, Nestle, Others Get Capital Market Awards

The Capital Market Correspondents Association of Nigeria (CAMCAN) on Saturday honoured six firms for their contributions to the development of the Nigeria Stock Exchange (NSE) in 2018.At a colourful ceremony held in Lagos, CAMCAN also commended the firms for t...

December 8, 2019 No Responses

NASS Committee Lauds Lagos-Ibadan Rail Project

Photo Caption: L-R: Managing Director Nigerian Railway Corporation, Mr Fidet Okhiria, Chairman, Senate Committee on Land Transport, Abdul-Fatai Buhari; CCECC Project Coordinator, Mr Xia Lijun, at the inspection of Lagos-Ibadan Standard Rail G...

December 8, 2019 No Responses

Mercedes-Benz Delivers 200,000 Vehicles In November

For the first time, global sales by Mercedes-Benz passed the mark of 200,000 units in a November, amounting to deliveries of 209,058 cars, an increase of 5.3%. Not only was a new record high reached for the month, but unit...

December 8, 2019 No Responses

Anthony Joshua Beats Ruiz, Reclaims Title

Anthony Joshua on Saturday night in Saudi Arabia reclaimed his World Heavyweight titles after winning a rematch against Andy Ruiz. The scores were 118-110, 118-110, 119-109 in favour of the Nigeria-born boxer who now has his WBO, WBA, IBF, IBO...

December 8, 2019 No Responses

Buhari Mourns Evangelist Bonnke

President Muhammadu Buhari has joined others around the world to mourn the demise of renowned German Evangelist Reinhard Bonnke, who died at 79 years. Buhari described Bonnke’s demise as a great loss to Nigeria, Africa and the entire world. The.....

December 8, 2019 No Responses

ST. BERNADETTE PHOTO NEWS

SOME PUPILS OF ST. BERNADETTE SCHOOL (SBS), GOWON ESTATE, AT THE 2019 CAREER DAY CEREMONY ON FRIDAY, NOVEMBER 6TH.

December 6, 2019 No Responses

IPO: Saudi Aramco Raises $25.6b

State-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering (IPO) in Riyadh. The share sale was the biggest ever, surpassing that of China’s Alibaba which raised $25bn in 2014 in New York. Aramco...

December 6, 2019 No Responses

Kaduna Inaugurates LG Revenue Committees

The Kaduna State Internal Revenue Service (KDIRS) on Thursday inaugurated Local Government Revenue Committees of the 23 Local Government Areas (LGA) of the state. The Executive Chairman, KDIRS, Dr Zaid Abubakar, said during the inauguration in Kaduna, that the...

December 6, 2019 No Responses

INEC To Conduct 28 Outstanding Court-Ordered Re-Run In January 2020

The Independent National Electoral Commission (INEC) has fixed Jan. 25, 2020 to conduct 28 outstanding court-ordered re-run elections in 12 states. The commission announced this in a statement issued by Mr Festus Okoye, National Commissioner and Chairman...

December 6, 2019 No Responses

Pan African Catholic Congress Begins In Enugu

The first ever Pan African Catholic Congress on Theology, Society and Pastoral Life to reflect on the church as a beacon of hope for the continent on Thursday kicked off in Enugu. The News Agency of Nigeria (NAN) gathered that...

December 6, 2019 No Responses

Kia Unveils New Plant In India, Employs 3,000 Workers

Kia Motors on Thursday inaugurated car manufacturing facility at Anantapuramu in Indian. The ceremony was performed by Chief Minister, Y S Jagan Mohan Reddy and accompanied by Kia’s top executives. According to agency reports, the Chief Minister we...

December 6, 2019 No Responses

BMW Sues Firm Over Price Fixing

BMW is suing two of its suppliers over price fixing on air conditioning components. The German carmaker is suing France’s Valeo and Japan’s Denso for damages of 141 million euros ($155.4 million). Agency Reports explained that the case ...

December 5, 2019 No Responses

Senate Summons NIMASA DG Over N263.89b Security Contract

The Senate Joint Committee on Navy, Marine Transport and Finance on Wednesday, asked the Director-General, Nigeria Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, to appear before it unfailingly on Thursday. The committee is investigating...